Zhejiang Weihua New Material Co (SHSE:603310) Days Payable: 99.58 (As of Mar. 2026) — 34% Above Median

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SHSE:603310 Zhejiang Weihua New Material Co Ltd SHSE:603310
34 GF Score
Price ¥14.56
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What is Zhejiang Weihua New Material Co Days Payable?

Zhejiang Weihua New Material Co SHSE:603310 +0.41% 34 Days Payable is 99.58 as of Mar. 2026, which is 34% above its 10-year median of 74.32. GuruFocus rates SHSE:603310 with a GF Score™ of 34/100. The stock has 8 warning signs investors should review. Among 1,553 Chemicals companies, Zhejiang Weihua New Material Co ranks better than 75.02% on this metric.

Zhejiang Weihua New Material Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥325 Mil. Zhejiang Weihua New Material Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥298 Mil. Hence, Zhejiang Weihua New Material Co's Days Payable for the three months ended in Mar. 2026 was 99.58.

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

SHSE:603310' s Days Payable Range Over the Past 10 Years
Min: 49.56   Med: 74.32   Max: 120.8
Current: 97.89

During the past 7 years, Zhejiang Weihua New Material Co's highest Days Payable was 120.80. The lowest was 49.56. And the median was 74.32.

SHSE:603310's Days Payable is ranked better than
75.02% of 1553 companies
in the Chemicals industry
Industry Median: 59.87 vs SHSE:603310: 97.89

Zhejiang Weihua New Material Co's Days Payable declined from Mar. 2025 (115.91) to Mar. 2026 (99.58). It may suggest that Zhejiang Weihua New Material Co accelerated paying its suppliers.


Zhejiang Weihua New Material Co Days Payable Related Terms


Zhejiang Weihua New Material Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Weihua New Material 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 Weihua New Material Co Days Payable Chart

Zhejiang Weihua New Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 49.56 51.70 64.70 78.47 120.80

Zhejiang Weihua New Material Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 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 115.91 86.13 95.53 88.87 99.58

SHSE:603310 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Zhejiang Weihua New Material 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 Weihua New Material Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Weihua New Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Weihua New Material Co's Days Payable falls into.


SHSE:603310
34GF Score
Zhejiang Weihua New Material Co Ltd SHSE:603310
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Weihua New Material 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 Weihua New Material 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
=( (210.369 + 248.759) / 2 ) / 693.634*365
=229.564 / 693.634*365
=120.80

Zhejiang Weihua New Material 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
=( (248.759 + 401.931) / 2 ) / 298.115*365 / 4
=325.345 / 298.115*365 / 4
=99.58

* 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 99.58 mean?
Zhejiang Weihua New Material Co (SHSE:603310) has a Days Payable of 99.58 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 Weihua New Material Co and its competitors. This is 34% above median its historical median of 74.32. Over the past decade, Zhejiang Weihua New Material Co's Days Payable has ranged from 49.56 to 120.80. According to the industry distribution chart, Zhejiang Weihua New Material Co ranks #388 out of 1553 companies in the Chemicals industry, placing it in the top 25%.
Is Zhejiang Weihua New Material Co's Days Payable too high?
Zhejiang Weihua New Material Co's current Days Payable of 99.58 is 34% above median its 10-year median of 74.32. Over the past 10 years, this metric has ranged from a low of 49.56 to a high of 120.80. The Chemicals industry median Days Payable is 59.87. Zhejiang Weihua New Material Co's value of 99.58 is 66.3% above this industry median. Based on the distribution chart, Zhejiang Weihua New Material Co ranks #388 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Weihua New Material Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weihua New Material Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Weihua New Material Co ranks #388 out of 1553 companies for Days Payable. This places Zhejiang Weihua New Material Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.87. Zhejiang Weihua New Material Co's value of 99.58 is 66.3% above this benchmark. Historically, Zhejiang Weihua New Material Co's own Days Payable has ranged from 49.56 to 120.80 over the past decade. While the company's 10-year median is 74.32 vs. the industry median of 59.87, Zhejiang Weihua New Material 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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 Weihua New Material Co's current Days Payable of 99.58 is 66.3% 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 Weihua New Material Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Weihua New Material Co's current Days Payable is 99.58, which is 34% above median its own 10-year median of 74.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weihua New Material Co stock overvalued right now?
Zhejiang Weihua New Material Co (SHSE:603310) has a current Days Payable of 99.58. The current Days Payable is 99.58, which is 34% above median its 10-year median of 74.32 and 66.3% above the Chemicals industry median of 59.87. Zhejiang Weihua New Material Co's overall GF Score™ is 34/100 with 8 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 Weihua New Material Co (SHSE:603310), the current Days Payable is 99.58 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 Weihua New Material Co Business Description

Address Beitang East Road, No. 8, Shangyu Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 312369
Zhejiang Weihua New Material Co Ltd is engaged in research and development, production and sales of chlorotoluene and trifluoromethylbenzene series fine chemical products.
34GF Score

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