Zhejiang Yunzhongma Co (SHSE:603130) Days Payable: 14.67 (As of Jun. 2026) — 85% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603130 Zhejiang Yunzhongma Co Ltd SHSE:603130
79 GF Score
Price ¥38.50
GF Value ¥26.99
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Zhejiang Yunzhongma Co Days Payable?

Zhejiang Yunzhongma Co SHSE:603130 +0.31% 79 Days Payable is 14.67 as of Jun. 2026, which is 85% below its 10-year median of 96.05. GuruFocus rates SHSE:603130 with a GF Score™ of 79/100 and a GF Value™ of ¥26.99 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Zhejiang Yunzhongma Co ranks better than 54.53% on this metric.

Zhejiang Yunzhongma Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥101 Mil. Zhejiang Yunzhongma Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥627 Mil. Hence, Zhejiang Yunzhongma Co's Days Payable for the three months ended in Jun. 2026 was 14.67.

The historical rank and industry rank for Zhejiang Yunzhongma Co's Days Payable or its related term are showing as below:

SHSE:603130' s Days Payable Range Over the Past 10 Years
Min: 34.58   Med: 96.05   Max: 139.63
Current: 57.57

During the past 7 years, Zhejiang Yunzhongma Co's highest Days Payable was 139.63. The lowest was 34.58. And the median was 96.05.

SHSE:603130's Days Payable is ranked better than
54.53% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08 vs SHSE:603130: 57.57

Zhejiang Yunzhongma Co's Days Payable increased from Jun. 2025 (13.55) to Jun. 2026 (14.67). It may suggest that Zhejiang Yunzhongma Co delayed paying its suppliers.


Zhejiang Yunzhongma Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Yunzhongma Co's Days Payable can be seen below:

* 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.

Zhejiang Yunzhongma Co Days Payable Chart

Zhejiang Yunzhongma Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 50.30 39.67 21.20 20.64 17.79

Zhejiang Yunzhongma Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.55 11.85 12.26 16.58 14.67

Zhejiang Yunzhongma Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Yunzhongma Co'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.


Zhejiang Yunzhongma Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Yunzhongma Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Yunzhongma Co's Days Payable falls into.


SHSE:603130
79GF Score
Zhejiang Yunzhongma Co Ltd SHSE:603130
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Yunzhongma Co Days Payable Calculation

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.

Zhejiang Yunzhongma Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (144.84110656 + 96.03162625) / 2 ) / 2470.9661945*365
=120.436366405 / 2470.9661945*365
=17.79

Zhejiang Yunzhongma Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (91.75679641 + 110.04466971) / 2 ) / 627.4602618*365 / 4
=100.90073306 / 627.4602618*365 / 4
=14.67

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 14.67 mean?
Zhejiang Yunzhongma Co (SHSE:603130) has a Days Payable of 14.67 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang Yunzhongma Co and its competitors. This is 85% below median its historical median of 96.05. Over the past decade, Zhejiang Yunzhongma Co's Days Payable has ranged from 34.58 to 139.63. According to the industry distribution chart, Zhejiang Yunzhongma Co ranks #467 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.5%.
Is Zhejiang Yunzhongma Co's Days Payable too high?
Zhejiang Yunzhongma Co's current Days Payable of 14.67 is 85% below median its 10-year median of 96.05. Over the past 10 years, this metric has ranged from a low of 34.58 to a high of 139.63. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Zhejiang Yunzhongma Co's value of 14.67 is 72.4% below this industry median. Based on the distribution chart, Zhejiang Yunzhongma Co ranks #467 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zhejiang Yunzhongma Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yunzhongma Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Yunzhongma Co ranks #467 out of 1027 companies for Days Payable. This puts Zhejiang Yunzhongma Co in the upper half of its industry. The industry median Days Payable is 53.08. Zhejiang Yunzhongma Co's value of 14.67 is 72.4% below this benchmark. Historically, Zhejiang Yunzhongma Co's own Days Payable has ranged from 34.58 to 139.63 over the past decade. While the company's 10-year median is 96.05 vs. the industry median of 53.08, Zhejiang Yunzhongma Co has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.08, based on 1,027 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. Zhejiang Yunzhongma Co's current Days Payable of 14.67 is 72.4% below 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 Zhejiang Yunzhongma Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Yunzhongma Co's current Days Payable is 14.67, which is 85% below median its own 10-year median of 96.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yunzhongma Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yunzhongma Co (SHSE:603130) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.99, compared to a current price of ¥38.50 — trading 42.6% above its estimated fair value. The current Days Payable is 14.67, which is 85% below median its 10-year median of 96.05 and 72.4% below the Manufacturing - Apparel & Accessories industry median of 53.08. Zhejiang Yunzhongma Co's overall GF Score™ is 79/100 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 Zhejiang Yunzhongma Co (SHSE:603130), the current Days Payable is 14.67 as of Jun. 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 Zhejiang Yunzhongma Co (SHSE:603130) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Yunzhongma Co stock appears to be overvalued. The current stock price of ¥38.50 is trading 42.6% above its estimated GF Value™ of ¥26.99. GuruFocus considers Zhejiang Yunzhongma Co to be Significantly Overvalued.

Key valuation signals for SHSE:603130:

  • Days Payable: 14.67 (85% below median its 10-year median of 96.05)
  • GF Value™: ¥26.99 vs. price of ¥38.50 (42.6% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 72.4% below the Manufacturing - Apparel & Accessories median (#467 of 1027)

No single metric tells the full story. See the SHSE:603130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Yunzhongma Co Business Description

Address Wangsong Street, Wangcun Industrial Zone, Zhejiang Province, Songyang County, Lishui, CHN, 323400
Zhejiang Yunzhongma Co Ltd is engaged in the research, development, production, and sales of leather-based cloth. It offers artificial leather and synthetic leather base material. The company's primary products are knitted leather base fabrics, mainly sold to manufacturers of artificial leather and synthetic leather, which are then used in shoes, bags, furniture, decorative materials, and other consumer products.
79GF Score

Get the complete analysis for SHSE:603130

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥38.50
Price
¥26.99
GF Value