Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) Days Payable: 132.62 (As of Mar. 2026) — 18% Below Median

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SHSE:603300 Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Ltd SHSE:603300
63 GF Score
Price ¥4.95
GF Value ¥9.06
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Days Payable?

Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co SHSE:603300 +2.06% 63 Days Payable is 132.62 as of Mar. 2026, which is 18% below its 10-year median of 161.10. GuruFocus rates SHSE:603300 with a GF Score™ of 63/100 and a GF Value™ of ¥9.06 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 944 Business Services companies, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks better than 79.56% on this metric.

Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,493 Mil. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,027 Mil. Hence, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable for the three months ended in Mar. 2026 was 132.62.

The historical rank and industry rank for Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable or its related term are showing as below:

SHSE:603300' s Days Payable Range Over the Past 10 Years
Min: 118.87   Med: 161.1   Max: 281.46
Current: 118.87

During the past 13 years, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's highest Days Payable was 281.46. The lowest was 118.87. And the median was 161.10.

SHSE:603300's Days Payable is ranked better than
79.56% of 944 companies
in the Business Services industry
Industry Median: 45.785 vs SHSE:603300: 118.87

Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable increased from Mar. 2025 (122.63) to Mar. 2026 (132.62). It may suggest that Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co delayed paying its suppliers.


Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Days Payable Related Terms


Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Haikong Nanke Huatie Digital Intelligence & 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 Haikong Nanke Huatie Digital Intelligence & Technology Co Days Payable Chart

Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.07 210.34 164.87 136.82 129.04

Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Quarterly Data
Jun21 Sep21 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 122.63 101.39 117.80 133.46 132.62

SHSE:603300 vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Zhejiang Haikong Nanke Huatie Digital Intelligence & 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 Haikong Nanke Huatie Digital Intelligence & Technology Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable falls into.


SHSE:603300
63GF Score
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Ltd SHSE:603300
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Haikong Nanke Huatie Digital Intelligence & 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 Haikong Nanke Huatie Digital Intelligence & 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
=( (1057.528 + 1559.798) / 2 ) / 3701.627*365
=1308.663 / 3701.627*365
=129.04

Zhejiang Haikong Nanke Huatie Digital Intelligence & 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
=( (1559.798 + 1425.614) / 2 ) / 1027.076*365 / 4
=1492.706 / 1027.076*365 / 4
=132.62

* 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 132.62 mean?
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) has a Days Payable of 132.62 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 Haikong Nanke Huatie Digital Intelligence & Technology Co and its competitors. This is 18% below median its historical median of 161.10. Over the past decade, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable has ranged from 118.87 to 281.46. According to the industry distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #193 out of 944 companies in the Business Services industry, placing it in the top 20.4%.
Is Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable too high?
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's current Days Payable of 132.62 is 18% below median its 10-year median of 161.10. Over the past 10 years, this metric has ranged from a low of 118.87 to a high of 281.46. The Business Services industry median Days Payable is 45.79. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's value of 132.62 is 189.7% above this industry median. Based on the distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #193 out of 944 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #193 out of 944 companies for Days Payable. This places Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 45.79. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's value of 132.62 is 189.7% above this benchmark. Historically, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's own Days Payable has ranged from 118.87 to 281.46 over the past decade. While the company's 10-year median is 161.10 vs. the industry median of 45.79, Zhejiang Haikong Nanke Huatie Digital Intelligence & 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 a Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 944 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 Haikong Nanke Huatie Digital Intelligence & Technology Co's current Days Payable of 132.62 is 189.7% 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 Haikong Nanke Huatie Digital Intelligence & Technology Co and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's current Days Payable is 132.62, which is 18% below median its own 10-year median of 161.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.06, compared to a current price of ¥4.95 — trading 45.4% below its estimated fair value. The current Days Payable is 132.62, which is 18% below median its 10-year median of 161.10 and 189.7% above the Business Services industry median of 45.79. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's overall GF Score™ is 63/100 with 9 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 Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300), the current Days Payable is 132.62 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 Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co stock appears to be undervalued. The current stock price of ¥4.95 is trading 45.4% below its estimated GF Value™ of ¥9.06. GuruFocus considers Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:603300:

  • Days Payable: 132.62 (18% below median its 10-year median of 161.10)
  • GF Value™: ¥9.06 vs. price of ¥4.95 (45.4% below fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 189.7% above the Business Services median (#193 of 944)

No single metric tells the full story. See the SHSE:603300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Business Description

Address Shengkang Street, Floor 10, Building 1, Huatie Venture Building, No. 68, Jianggan District, Zhejiang Province, Hangzhou, CHN, 310019
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Ltd is a equipment leasing company. Its main business is to provide construction support equipment, construction repair and maintenance equipment and engineering machinery and other operation and maintenance equipment services. Its products include construction support equipment, aerial work platforms and underground repair and maintenance equipment, which are used in the support and protection of subway and other rail transportation construction, urban renovation projects, building interior and exterior decoration maintenance, urban road construction and maintenance, green garden maintenance, equipment installation and maintenance, logistics warehousing and film and television scene construction, etc.
63GF Score

Get the complete analysis for SHSE:603300

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

¥4.95
Price
¥9.06
GF Value