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ADD Industry (Zhejiang)SHSE:603089 -3.18%67 Days Payable is 149.96 as of Mar. 2026, which is 5% above its 10-year median of 143.16. GuruFocus rates SHSE:603089 with a GF Score™ of 67/100 and a GF Value™ of ¥13.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,306 Vehicles & Parts companies, ADD Industry (Zhejiang) ranks better than 79.94% on this metric.
The historical rank and industry rank for ADD Industry (Zhejiang)'s Days Payable or its related term are showing as below:
SHSE:603089'
s Days Payable Range Over the Past 10 Years
Min: 128.81 Med: 143.16 Max: 172.5
Current: 135.11
During the past 13 years, ADD Industry (Zhejiang)'s highest Days Payable was 172.50. The lowest was 128.81. And the median was 143.16.
SHSE:603089's Days Payable is ranked better than 79.94% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.255
vs SHSE:603089: 135.11
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, ADD Industry (Zhejiang)'s Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ADD Industry (Zhejiang) Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Days Payable distribution charts can be found below:
* The bar in red indicates where ADD Industry (Zhejiang)'s Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
ADD Industry (Zhejiang)'s Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ADD Industry (Zhejiang) (SHSE:603089) has a Days Payable of 149.96 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ADD Industry (Zhejiang) and its competitors. This is near median its historical median of 143.16. Over the past decade, ADD Industry (Zhejiang)'s Days Payable has ranged from 128.81 to 172.50. According to the industry distribution chart, ADD Industry (Zhejiang) ranks #262 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 20.1%.
Is ADD Industry (Zhejiang)'s Days Payable too high?
ADD Industry (Zhejiang)'s current Days Payable of 149.96 is near median its 10-year median of 143.16. Over the past 10 years, this metric has ranged from a low of 128.81 to a high of 172.50. The Vehicles & Parts industry median Days Payable is 67.26. ADD Industry (Zhejiang)'s value of 149.96 is 123% above this industry median. Based on the distribution chart, ADD Industry (Zhejiang) ranks #262 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, ADD Industry (Zhejiang) has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ADD Industry (Zhejiang)'s Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ADD Industry (Zhejiang) ranks #262 out of 1306 companies for Days Payable. This places ADD Industry (Zhejiang) in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. ADD Industry (Zhejiang)'s value of 149.96 is 123% above this benchmark. Historically, ADD Industry (Zhejiang)'s own Days Payable has ranged from 128.81 to 172.50 over the past decade. While the company's 10-year median is 143.16 vs. the industry median of 67.26, ADD Industry (Zhejiang) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ADD Industry (Zhejiang)'s current Days Payable of 149.96 is 123% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ADD Industry (Zhejiang) and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADD Industry (Zhejiang)'s current Days Payable is 149.96, which is near median its own 10-year median of 143.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADD Industry (Zhejiang) stock overvalued right now?
Based on GuruFocus' analysis, ADD Industry (Zhejiang) (SHSE:603089) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.66, compared to a current price of ¥8.21 — trading 39.9% below its estimated fair value. The current Days Payable is 149.96, which is near median its 10-year median of 143.16 and 123% above the Vehicles & Parts industry median of 67.26. ADD Industry (Zhejiang)'s overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For ADD Industry (Zhejiang) (SHSE:603089), the current Days Payable is 149.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ADD Industry (Zhejiang) (SHSE:603089) Overvalued in 2026?
Based on GuruFocus' analysis, ADD Industry (Zhejiang) stock appears to be undervalued.
The current stock price of ¥8.21 is trading 39.9% below its estimated GF Value™ of ¥13.66.
GuruFocus considers ADD Industry (Zhejiang) to be Possible Value Trap.
Key valuation signals for SHSE:603089:
Days Payable: 149.96 (near median its 10-year median of 143.16)
GF Value™: ¥13.66 vs. price of ¥8.21 (39.9% below fair value)
Industry Position: 123% above the Vehicles & Parts median (#262 of 1306)
No single metric tells the full story. See the SHSE:603089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
67GF Score
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