Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Days Payable: 268.54 (As of Mar. 2026) — 71% Above Median

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SHSE:603135 Zhongzhong Science and Technology (Tianjin) Co Ltd SHSE:603135
64 GF Score
Price ¥8.85
GF Value ¥4.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Zhongzhong Science and Technology (Tianjin) Co Days Payable?

Zhongzhong Science and Technology (Tianjin) Co SHSE:603135 +4.49% 64 Days Payable is 268.54 as of Mar. 2026, which is 71% above its 10-year median of 157.32. GuruFocus rates SHSE:603135 with a GF Score™ of 64/100 and a GF Value™ of ¥4.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Zhongzhong Science and Technology (Tianjin) Co ranks better than 95.59% on this metric.

Zhongzhong Science and Technology (Tianjin) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥225.3 Mil. Zhongzhong Science and Technology (Tianjin) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥76.6 Mil. Hence, Zhongzhong Science and Technology (Tianjin) Co's Days Payable for the three months ended in Mar. 2026 was 268.54.

The historical rank and industry rank for Zhongzhong Science and Technology (Tianjin) Co's Days Payable or its related term are showing as below:

SHSE:603135' s Days Payable Range Over the Past 10 Years
Min: 71.3   Med: 157.32   Max: 324.26
Current: 322.72

During the past 8 years, Zhongzhong Science and Technology (Tianjin) Co's highest Days Payable was 324.26. The lowest was 71.30. And the median was 157.32.

SHSE:603135's Days Payable is ranked better than
95.59% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:603135: 322.72

Zhongzhong Science and Technology (Tianjin) Co's Days Payable declined from Mar. 2025 (304.75) to Mar. 2026 (268.54). It may suggest that Zhongzhong Science and Technology (Tianjin) Co accelerated paying its suppliers.


Zhongzhong Science and Technology (Tianjin) Co Days Payable Related Terms


Zhongzhong Science and Technology (Tianjin) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) Co Days Payable Chart

Zhongzhong Science and Technology (Tianjin) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 71.30 146.97 195.70 152.42 324.26

Zhongzhong Science and Technology (Tianjin) Co Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 304.75 327.27 410.69 293.34 268.54

SHSE:603135 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhongzhong Science and Technology (Tianjin) 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.


Zhongzhong Science and Technology (Tianjin) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhongzhong Science and Technology (Tianjin) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhongzhong Science and Technology (Tianjin) Co's Days Payable falls into.


SHSE:603135
64GF Score
Zhongzhong Science and Technology (Tianjin) Co Ltd SHSE:603135
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) 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
=( (334.863 + 214.611) / 2 ) / 309.256*365
=274.737 / 309.256*365
=324.26

Zhongzhong Science and Technology (Tianjin) Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (214.611 + 235.974) / 2 ) / 76.555*365 / 4
=225.2925 / 76.555*365 / 4
=268.54

* 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 268.54 mean?
Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) has a Days Payable of 268.54 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 Zhongzhong Science and Technology (Tianjin) Co and its competitors. This is 71% above median its historical median of 157.32. Over the past decade, Zhongzhong Science and Technology (Tianjin) Co's Days Payable has ranged from 71.30 to 324.26. According to the industry distribution chart, Zhongzhong Science and Technology (Tianjin) Co ranks #132 out of 2994 companies in the Industrial Products industry, placing it in the top 4.4%.
Is Zhongzhong Science and Technology (Tianjin) Co's Days Payable too high?
Zhongzhong Science and Technology (Tianjin) Co's current Days Payable of 268.54 is 71% above median its 10-year median of 157.32. Over the past 10 years, this metric has ranged from a low of 71.30 to a high of 324.26. The Industrial Products industry median Days Payable is 78.07. Zhongzhong Science and Technology (Tianjin) Co's value of 268.54 is 244% above this industry median. Based on the distribution chart, Zhongzhong Science and Technology (Tianjin) Co ranks #132 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhongzhong Science and Technology (Tianjin) Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongzhong Science and Technology (Tianjin) Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhongzhong Science and Technology (Tianjin) Co ranks #132 out of 2994 companies for Days Payable. This places Zhongzhong Science and Technology (Tianjin) Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Zhongzhong Science and Technology (Tianjin) Co's value of 268.54 is 244% above this benchmark. Historically, Zhongzhong Science and Technology (Tianjin) Co's own Days Payable has ranged from 71.30 to 324.26 over the past decade. While the company's 10-year median is 157.32 vs. the industry median of 78.07, Zhongzhong Science and Technology (Tianjin) Co 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Zhongzhong Science and Technology (Tianjin) Co's current Days Payable of 268.54 is 244% 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 Zhongzhong Science and Technology (Tianjin) Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongzhong Science and Technology (Tianjin) Co's current Days Payable is 268.54, which is 71% above median its own 10-year median of 157.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongzhong Science and Technology (Tianjin) Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.03, compared to a current price of ¥8.85 — trading 119.6% above its estimated fair value. The current Days Payable is 268.54, which is 71% above median its 10-year median of 157.32 and 244% above the Industrial Products industry median of 78.07. Zhongzhong Science and Technology (Tianjin) Co's overall GF Score™ is 64/100 with 6 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 Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135), the current Days Payable is 268.54 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 Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongzhong Science and Technology (Tianjin) Co stock appears to be overvalued. The current stock price of ¥8.85 is trading 119.6% above its estimated GF Value™ of ¥4.03. GuruFocus considers Zhongzhong Science and Technology (Tianjin) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603135:

  • Days Payable: 268.54 (71% above median its 10-year median of 157.32)
  • GF Value™: ¥4.03 vs. price of ¥8.85 (119.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 244% above the Industrial Products median (#132 of 2994)

No single metric tells the full story. See the SHSE:603135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongzhong Science and Technology (Tianjin) Co Business Description

Address No. 65, Gaoxin Avenue, Ring Outer Development Zone, Science and Technology Park, Beichen District, Tianjin, CHN, 300400
Zhongzhong Science and Technology (Tianjin) Co Ltd is a national-level high-tech enterprise integrating research and development of intelligent equipment and production lines, process and equipment design, manufacturing, technical services and sales. Automatic production lines for wire rod and plate rolling, complete sets of equipment and related spare parts.
64GF Score

Get the complete analysis for SHSE:603135

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

¥8.85
Price
¥4.03
GF Value