Zhejiang Yaguang Technology Co (SHSE:603282) Days Payable: 103.97 (As of Mar. 2026) — 26% Above 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:603282 Zhejiang Yaguang Technology Co Ltd SHSE:603282
84 GF Score
Price ¥13.68
GF Value ¥15.46
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Zhejiang Yaguang Technology Co Days Payable?

Zhejiang Yaguang Technology Co SHSE:603282 +1.79% 84 Days Payable is 103.97 as of Mar. 2026, which is 26% above its 10-year median of 82.59. GuruFocus rates SHSE:603282 with a GF Score™ of 84/100 and a GF Value™ of ¥15.46 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Zhejiang Yaguang Technology Co ranks worse than 68.67% on this metric.

Zhejiang Yaguang Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥70.1 Mil. Zhejiang Yaguang Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥61.5 Mil. Hence, Zhejiang Yaguang Technology Co's Days Payable for the three months ended in Mar. 2026 was 103.97.

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

SHSE:603282' s Days Payable Range Over the Past 10 Years
Min: 47.48   Med: 82.59   Max: 97.35
Current: 50.58

During the past 11 years, Zhejiang Yaguang Technology Co's highest Days Payable was 97.35. The lowest was 47.48. And the median was 82.59.

SHSE:603282's Days Payable is ranked worse than
68.67% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:603282: 50.58

Zhejiang Yaguang Technology Co's Days Payable increased from Mar. 2025 (52.18) to Mar. 2026 (103.97). It may suggest that Zhejiang Yaguang Technology Co delayed paying its suppliers.


Zhejiang Yaguang Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Yaguang Technology 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 Yaguang Technology Co Days Payable Chart

Zhejiang Yaguang Technology Co Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.45 91.27 97.35 80.72 47.48

Zhejiang Yaguang Technology 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 52.18 61.85 29.41 68.48 103.97

SHSE:603282 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Yaguang Technology 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 Yaguang Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yaguang Technology Co's Days Payable distribution charts can be found below:

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


SHSE:603282
84GF Score
Zhejiang Yaguang Technology Co Ltd SHSE:603282
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Yaguang Technology 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 Yaguang Technology 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
=( (85.057 + 76.109) / 2 ) / 619.47*365
=80.583 / 619.47*365
=47.48

Zhejiang Yaguang Technology 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
=( (76.109 + 63.999) / 2 ) / 61.484*365 / 4
=70.054 / 61.484*365 / 4
=103.97

* 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 103.97 mean?
Zhejiang Yaguang Technology Co (SHSE:603282) has a Days Payable of 103.97 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 Yaguang Technology Co and its competitors. This is 26% above median its historical median of 82.59. Over the past decade, Zhejiang Yaguang Technology Co's Days Payable has ranged from 47.48 to 97.35. According to the industry distribution chart, Zhejiang Yaguang Technology Co ranks #2056 out of 2994 companies in the Industrial Products industry, placing it in the top 68.7%.
Is Zhejiang Yaguang Technology Co's Days Payable too high?
Zhejiang Yaguang Technology Co's current Days Payable of 103.97 is 26% above median its 10-year median of 82.59. Over the past 10 years, this metric has ranged from a low of 47.48 to a high of 97.35. The Industrial Products industry median Days Payable is 78.07. Zhejiang Yaguang Technology Co's value of 103.97 is 33.2% above this industry median. Based on the distribution chart, Zhejiang Yaguang Technology Co ranks #2056 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Yaguang Technology Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yaguang Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Yaguang Technology Co ranks #2056 out of 2994 companies for Days Payable. This places Zhejiang Yaguang Technology Co in the lower half of its industry. The industry median Days Payable is 78.07. Zhejiang Yaguang Technology Co's value of 103.97 is 33.2% above this benchmark. Historically, Zhejiang Yaguang Technology Co's own Days Payable has ranged from 47.48 to 97.35 over the past decade. While the company's 10-year median is 82.59 vs. the industry median of 78.07, Zhejiang Yaguang Technology 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. Zhejiang Yaguang Technology Co's current Days Payable of 103.97 is 33.2% 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 Yaguang Technology 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. Zhejiang Yaguang Technology Co's current Days Payable is 103.97, which is 26% above median its own 10-year median of 82.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yaguang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yaguang Technology Co (SHSE:603282) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.46, compared to a current price of ¥13.68 — trading 11.5% below its estimated fair value. The current Days Payable is 103.97, which is 26% above median its 10-year median of 82.59 and 33.2% above the Industrial Products industry median of 78.07. Zhejiang Yaguang Technology Co's overall GF Score™ is 84/100 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 Zhejiang Yaguang Technology Co (SHSE:603282), the current Days Payable is 103.97 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 Yaguang Technology Co (SHSE:603282) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Yaguang Technology Co stock appears to be undervalued. The current stock price of ¥13.68 is trading 11.5% below its estimated GF Value™ of ¥15.46. GuruFocus considers Zhejiang Yaguang Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603282:

  • Days Payable: 103.97 (26% above median its 10-year median of 82.59)
  • GF Value™: ¥15.46 vs. price of ¥13.68 (11.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 33.2% above the Industrial Products median (#2056 of 2994)

No single metric tells the full story. See the SHSE:603282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Yaguang Technology Co Business Description

Address No. 4525, Binhai 3rd Road, Binhai Park, Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025
Zhejiang Yaguang Technology Co Ltd is engaged in the research and development, production and sales of equipment for evaporation, crystallization, filtration, cleaning, drying, and organic solvent distillation in various industrial fields.
84GF Score

Get the complete analysis for SHSE:603282

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

¥13.68
Price
¥15.46
GF Value