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What is Zhejiang Liju Thermal Equipment Co Days Payable?
Zhejiang Liju Thermal Equipment CoSHSE:603391 -2.18%40 Days Payable is 165.95 as of Mar. 2026, which is 140% above its 10-year median of 69.12. GuruFocus rates SHSE:603391 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Zhejiang Liju Thermal Equipment Co ranks better than 52.91% on this metric.
SHSE:603391'
s Days Payable Range Over the Past 10 Years
Min: 49.91 Med: 69.12 Max: 91.43
Current: 83.52
During the past 7 years, Zhejiang Liju Thermal Equipment Co's highest Days Payable was 91.43. The lowest was 49.91. And the median was 69.12.
SHSE:603391's Days Payable is ranked better than 52.91% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:603391: 83.52
* 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 Liju Thermal Equipment Co Days Payable Chart
SHSE:603391 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Liju Thermal 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 Liju Thermal Equipment Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Liju Thermal Equipment Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Liju Thermal Equipment Co's Days Payable falls into.
Zhejiang Liju Thermal 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.
* 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 Liju Thermal Equipment Co (SHSE:603391) has a Days Payable of 165.95 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 Liju Thermal Equipment Co and its competitors. This is 140% above median its historical median of 69.12. Over the past decade, Zhejiang Liju Thermal Equipment Co's Days Payable has ranged from 49.91 to 91.43. According to the industry distribution chart, Zhejiang Liju Thermal Equipment Co ranks #1410 out of 2994 companies in the Industrial Products industry, placing it in the top 47.1%.
Is Zhejiang Liju Thermal Equipment Co's Days Payable too high?
Zhejiang Liju Thermal Equipment Co's current Days Payable of 165.95 is 140% above median its 10-year median of 69.12. Over the past 10 years, this metric has ranged from a low of 49.91 to a high of 91.43. The Industrial Products industry median Days Payable is 78.05. Zhejiang Liju Thermal Equipment Co's value of 165.95 is 112.6% above this industry median. Based on the distribution chart, Zhejiang Liju Thermal Equipment Co ranks #1410 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Liju Thermal Equipment Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Liju Thermal Equipment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Liju Thermal Equipment Co ranks #1410 out of 2994 companies for Days Payable. This puts Zhejiang Liju Thermal Equipment Co in the upper half of its industry. The industry median Days Payable is 78.05. Zhejiang Liju Thermal Equipment Co's value of 165.95 is 112.6% above this benchmark. Historically, Zhejiang Liju Thermal Equipment Co's own Days Payable has ranged from 49.91 to 91.43 over the past decade. While the company's 10-year median is 69.12 vs. the industry median of 78.05, Zhejiang Liju Thermal 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 78.05, 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 Liju Thermal Equipment Co's current Days Payable of 165.95 is 112.6% 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 Liju Thermal Equipment Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Liju Thermal Equipment Co's current Days Payable is 165.95, which is 140% above median its own 10-year median of 69.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Liju Thermal Equipment Co stock overvalued right now?
Zhejiang Liju Thermal Equipment Co (SHSE:603391) has a current Days Payable of 165.95. The current Days Payable is 165.95, which is 140% above median its 10-year median of 69.12 and 112.6% above the Industrial Products industry median of 78.05. Zhejiang Liju Thermal Equipment Co's overall GF Score™ is 40/100 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 Liju Thermal Equipment Co (SHSE:603391), the current Days Payable is 165.95 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 Liju Thermal Equipment Co Business Description
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