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* 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 Wazam New Materials Co Days Payable Chart
For the Electronic Components subindustry, Zhejiang Wazam New Materials 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 Wazam New Materials Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Wazam New Materials Co's Days Payable falls into.
Zhejiang Wazam New Materials 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.
* 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 Wazam New Materials Co (SHSE:603186) has a Days Payable of 203.19 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 Zhejiang Wazam New Materials Co and its competitors. This is 25% above median its historical median of 162.59. Over the past decade, Zhejiang Wazam New Materials Co's Days Payable has ranged from 132.20 to 213.76. According to the industry distribution chart, Zhejiang Wazam New Materials Co ranks #240 out of 2443 companies in the Hardware industry, placing it in the top 9.8%.
Is Zhejiang Wazam New Materials Co's Days Payable too high?
Zhejiang Wazam New Materials Co's current Days Payable of 203.19 is 25% above median its 10-year median of 162.59. Over the past 10 years, this metric has ranged from a low of 132.20 to a high of 213.76. The Hardware industry median Days Payable is 69.89. Zhejiang Wazam New Materials Co's value of 203.19 is 190.7% above this industry median. Based on the distribution chart, Zhejiang Wazam New Materials Co ranks #240 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Zhejiang Wazam New Materials Co ranks #240 out of 2443 companies for Days Payable. This places Zhejiang Wazam New Materials Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Zhejiang Wazam New Materials Co's value of 203.19 is 190.7% above this benchmark. Historically, Zhejiang Wazam New Materials Co's own Days Payable has ranged from 132.20 to 213.76 over the past decade. While the company's 10-year median is 162.59 vs. the industry median of 69.89, Zhejiang Wazam New Materials 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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 Wazam New Materials Co's current Days Payable of 203.19 is 190.7% 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 Zhejiang Wazam New Materials Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wazam New Materials Co's current Days Payable is 203.19, which is 25% above median its own 10-year median of 162.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥40.88, compared to a current price of ¥159.32 — trading 289.7% above its estimated fair value. The current Days Payable is 203.19, which is 25% above median its 10-year median of 162.59 and 190.7% above the Hardware industry median of 69.89. Zhejiang Wazam New Materials Co's overall GF Score™ is 60/100 with 4 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 Wazam New Materials Co (SHSE:603186), the current Days Payable is 203.19 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 Zhejiang Wazam New Materials Co (SHSE:603186) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued.
The current stock price of ¥159.32 is trading 289.7% above its estimated GF Value™ of ¥40.88.
GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603186:
Days Payable: 203.19 (25% above median its 10-year median of 162.59)
GF Value™: ¥40.88 vs. price of ¥159.32 (289.7% above fair value)
Industry Position: 190.7% above the Hardware median (#240 of 2443)
No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wazam New Materials Co Business Description
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
60GF Score
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