Zhejiang E-P Equipment Co (SHSE:603194) Days Payable: 180.36 (As of Mar. 2026) — 44% Above Median

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SHSE:603194 Zhejiang E-P Equipment Co Ltd SHSE:603194
47 GF Score
Price ¥34.32
! 4 Warning Signs
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What is Zhejiang E-P Equipment Co Days Payable?

Zhejiang E-P Equipment Co SHSE:603194 -1.72% 47 Days Payable is 180.36 as of Mar. 2026, which is 44% above its 10-year median of 125.04. GuruFocus rates SHSE:603194 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Zhejiang E-P Equipment Co ranks better than 74.81% on this metric.

Zhejiang E-P Equipment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,401 Mil. Zhejiang E-P Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,215 Mil. Hence, Zhejiang E-P Equipment Co's Days Payable for the three months ended in Mar. 2026 was 180.36.

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

SHSE:603194' s Days Payable Range Over the Past 10 Years
Min: 106.84   Med: 125.04   Max: 146.37
Current: 144.97

During the past 7 years, Zhejiang E-P Equipment Co's highest Days Payable was 146.37. The lowest was 106.84. And the median was 125.04.

SHSE:603194's Days Payable is ranked better than
74.81% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs SHSE:603194: 144.97

Zhejiang E-P Equipment Co's Days Payable increased from Mar. 2025 (138.91) to Mar. 2026 (180.36). It may suggest that Zhejiang E-P Equipment Co delayed paying its suppliers.


Zhejiang E-P Equipment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang E-P Equipment 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 E-P Equipment Co Days Payable Chart

Zhejiang E-P Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 106.84 114.38 118.49 130.70 146.37

Zhejiang E-P Equipment Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 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 138.91 118.20 144.06 145.75 180.36

SHSE:603194 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang E-P Equipment 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 E-P Equipment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang E-P Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang E-P Equipment Co's Days Payable falls into.


SHSE:603194
47GF Score
Zhejiang E-P Equipment Co Ltd SHSE:603194
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang E-P Equipment 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 E-P Equipment 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
=( (1680.484 + 2429.796) / 2 ) / 5124.76*365
=2055.14 / 5124.76*365
=146.37

Zhejiang E-P Equipment 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
=( (2429.796 + 2372.006) / 2 ) / 1214.672*365 / 4
=2400.901 / 1214.672*365 / 4
=180.36

* 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 180.36 mean?
Zhejiang E-P Equipment Co (SHSE:603194) has a Days Payable of 180.36 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 E-P Equipment Co and its competitors. This is 44% above median its historical median of 125.04. Over the past decade, Zhejiang E-P Equipment Co's Days Payable has ranged from 106.84 to 146.37. According to the industry distribution chart, Zhejiang E-P Equipment Co ranks #754 out of 2993 companies in the Industrial Products industry, placing it in the top 25.2%.
Is Zhejiang E-P Equipment Co's Days Payable too high?
Zhejiang E-P Equipment Co's current Days Payable of 180.36 is 44% above median its 10-year median of 125.04. Over the past 10 years, this metric has ranged from a low of 106.84 to a high of 146.37. The Industrial Products industry median Days Payable is 78.08. Zhejiang E-P Equipment Co's value of 180.36 is 131% above this industry median. Based on the distribution chart, Zhejiang E-P Equipment Co ranks #754 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang E-P Equipment Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang E-P Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang E-P Equipment Co ranks #754 out of 2993 companies for Days Payable. This puts Zhejiang E-P Equipment Co in the upper half of its industry. The industry median Days Payable is 78.08. Zhejiang E-P Equipment Co's value of 180.36 is 131% above this benchmark. Historically, Zhejiang E-P Equipment Co's own Days Payable has ranged from 106.84 to 146.37 over the past decade. While the company's 10-year median is 125.04 vs. the industry median of 78.08, Zhejiang E-P Equipment 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 78.08, based on 2,993 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 E-P Equipment Co's current Days Payable of 180.36 is 131% 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 E-P Equipment Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang E-P Equipment Co's current Days Payable is 180.36, which is 44% above median its own 10-year median of 125.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang E-P Equipment Co stock overvalued right now?
Zhejiang E-P Equipment Co (SHSE:603194) has a current Days Payable of 180.36. The current Days Payable is 180.36, which is 44% above median its 10-year median of 125.04 and 131% above the Industrial Products industry median of 78.08. Zhejiang E-P Equipment Co's overall GF Score™ is 47/100 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 E-P Equipment Co (SHSE:603194), the current Days Payable is 180.36 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.

Zhejiang E-P Equipment Co Business Description

Address Lingfeng Street, Xiaquan Village, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zhejiang E-P Equipment Co Ltd is engaged in research and development, production and sales of electric forklifts and other motorized industrial vehicles. Its products include Reach truck, Reach truck, Electric Picker, Electric transporter, etc.
47GF Score

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

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