Zhejiang Tion Vanly Tech Co (SHSE:603210) Days Payable: 155.36 (As of Mar. 2026) — 35% Above Median

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SHSE:603210 Zhejiang Tion Vanly Tech Co Ltd SHSE:603210
44 GF Score
Price ¥13.58
! 5 Warning Signs
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What is Zhejiang Tion Vanly Tech Co Days Payable?

Zhejiang Tion Vanly Tech Co SHSE:603210 +0.52% 44 Days Payable is 155.36 as of Mar. 2026, which is 35% above its 10-year median of 114.98. GuruFocus rates SHSE:603210 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Zhejiang Tion Vanly Tech Co ranks better than 73.7% on this metric.

Zhejiang Tion Vanly Tech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥730 Mil. Zhejiang Tion Vanly Tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥429 Mil. Hence, Zhejiang Tion Vanly Tech Co's Days Payable for the three months ended in Mar. 2026 was 155.36.

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

SHSE:603210' s Days Payable Range Over the Past 10 Years
Min: 75.24   Med: 114.98   Max: 147.57
Current: 113.33

During the past 6 years, Zhejiang Tion Vanly Tech Co's highest Days Payable was 147.57. The lowest was 75.24. And the median was 114.98.

SHSE:603210's Days Payable is ranked better than
73.7% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.085 vs SHSE:603210: 113.33

Zhejiang Tion Vanly Tech Co's Days Payable increased from Mar. 2025 (99.66) to Mar. 2026 (155.36). It may suggest that Zhejiang Tion Vanly Tech Co delayed paying its suppliers.


Zhejiang Tion Vanly Tech Co Days Payable Historical Data

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The historical data trend for Zhejiang Tion Vanly Tech 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 Tion Vanly Tech Co Days Payable Chart

Zhejiang Tion Vanly Tech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 96.01 75.24 111.54 118.41 121.09

Zhejiang Tion Vanly Tech Co Quarterly Data
Dec20 Dec21 Dec22 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 99.66 104.10 110.20 106.17 155.36

SHSE:603210 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Zhejiang Tion Vanly Tech 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 Tion Vanly Tech Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Tion Vanly Tech Co's Days Payable distribution charts can be found below:

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


SHSE:603210
44GF Score
Zhejiang Tion Vanly Tech Co Ltd SHSE:603210
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Tion Vanly Tech 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 Tion Vanly Tech 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
=( (390.356 + 818.605) / 2 ) / 1822.057*365
=604.4805 / 1822.057*365
=121.09

Zhejiang Tion Vanly Tech 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
=( (818.605 + 640.929) / 2 ) / 428.63*365 / 4
=729.767 / 428.63*365 / 4
=155.36

* 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 155.36 mean?
Zhejiang Tion Vanly Tech Co (SHSE:603210) has a Days Payable of 155.36 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 Tion Vanly Tech Co and its competitors. This is 35% above median its historical median of 114.98. Over the past decade, Zhejiang Tion Vanly Tech Co's Days Payable has ranged from 75.24 to 147.57. According to the industry distribution chart, Zhejiang Tion Vanly Tech Co ranks #344 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 26.3%.
Is Zhejiang Tion Vanly Tech Co's Days Payable too high?
Zhejiang Tion Vanly Tech Co's current Days Payable of 155.36 is 35% above median its 10-year median of 114.98. Over the past 10 years, this metric has ranged from a low of 75.24 to a high of 147.57. The Vehicles & Parts industry median Days Payable is 67.09. Zhejiang Tion Vanly Tech Co's value of 155.36 is 131.6% above this industry median. Based on the distribution chart, Zhejiang Tion Vanly Tech Co ranks #344 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Tion Vanly Tech Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tion Vanly Tech Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Tion Vanly Tech Co ranks #344 out of 1308 companies for Days Payable. This puts Zhejiang Tion Vanly Tech Co in the upper half of its industry. The industry median Days Payable is 67.09. Zhejiang Tion Vanly Tech Co's value of 155.36 is 131.6% above this benchmark. Historically, Zhejiang Tion Vanly Tech Co's own Days Payable has ranged from 75.24 to 147.57 over the past decade. While the company's 10-year median is 114.98 vs. the industry median of 67.09, Zhejiang Tion Vanly Tech 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.09, based on 1,308 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 Tion Vanly Tech Co's current Days Payable of 155.36 is 131.6% 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 Tion Vanly Tech Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tion Vanly Tech Co's current Days Payable is 155.36, which is 35% above median its own 10-year median of 114.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tion Vanly Tech Co stock overvalued right now?
Zhejiang Tion Vanly Tech Co (SHSE:603210) has a current Days Payable of 155.36. The current Days Payable is 155.36, which is 35% above median its 10-year median of 114.98 and 131.6% above the Vehicles & Parts industry median of 67.09. Zhejiang Tion Vanly Tech Co's overall GF Score™ is 44/100 with 5 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 Tion Vanly Tech Co (SHSE:603210), the current Days Payable is 155.36 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 Tion Vanly Tech Co Business Description

Address No. 1178 Haifeng Road, No. 100 Haihong Avenue, Zhejiang Province, Taizhou, CHN, 318000
Zhejiang Tion Vanly Tech Co Ltd is engaged in research & development, production and sales of automotive structural and functional parts.
44GF 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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