HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) Days Payable: 177.57 (As of Mar. 2026) — 100% Above Median

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SHSE:603567 HeiLongJiang ZBD Pharmaceutical Co Ltd SHSE:603567
33 GF Score
Price ¥6.88
GF Value ¥1.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is HeiLongJiang ZBD Pharmaceutical Co Days Payable?

HeiLongJiang ZBD Pharmaceutical Co SHSE:603567 +6.83% 33 Days Payable is 177.57 as of Mar. 2026, which is 100% above its 10-year median of 88.68. GuruFocus rates SHSE:603567 with a GF Score™ of 33/100 and a GF Value™ of ¥1.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 926 Drug Manufacturers companies, HeiLongJiang ZBD Pharmaceutical Co ranks better than 69.33% on this metric.

HeiLongJiang ZBD Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥352.2 Mil. HeiLongJiang ZBD Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥181.0 Mil. Hence, HeiLongJiang ZBD Pharmaceutical Co's Days Payable for the three months ended in Mar. 2026 was 177.57.

The historical rank and industry rank for HeiLongJiang ZBD Pharmaceutical Co's Days Payable or its related term are showing as below:

SHSE:603567' s Days Payable Range Over the Past 10 Years
Min: 47.95   Med: 88.68   Max: 137.8
Current: 130.73

During the past 13 years, HeiLongJiang ZBD Pharmaceutical Co's highest Days Payable was 137.80. The lowest was 47.95. And the median was 88.68.

SHSE:603567's Days Payable is ranked better than
69.33% of 926 companies
in the Drug Manufacturers industry
Industry Median: 90.22 vs SHSE:603567: 130.73

HeiLongJiang ZBD Pharmaceutical Co's Days Payable declined from Mar. 2025 (209.55) to Mar. 2026 (177.57). It may suggest that HeiLongJiang ZBD Pharmaceutical Co accelerated paying its suppliers.


HeiLongJiang ZBD Pharmaceutical Co Days Payable Related Terms


HeiLongJiang ZBD Pharmaceutical Co Days Payable Historical Data

* Premium members only.

The historical data trend for HeiLongJiang ZBD Pharmaceutical 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.

HeiLongJiang ZBD Pharmaceutical Co Days Payable Chart

HeiLongJiang ZBD Pharmaceutical 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 91.02 84.21 114.81 91.79 137.80

HeiLongJiang ZBD Pharmaceutical 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 209.55 111.92 114.76 130.20 177.57

SHSE:603567 vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, HeiLongJiang ZBD Pharmaceutical 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.


HeiLongJiang ZBD Pharmaceutical Co Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, HeiLongJiang ZBD Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HeiLongJiang ZBD Pharmaceutical Co's Days Payable falls into.


SHSE:603567
33GF Score
HeiLongJiang ZBD Pharmaceutical Co Ltd SHSE:603567
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HeiLongJiang ZBD Pharmaceutical 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.

HeiLongJiang ZBD Pharmaceutical 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
=( (278.162 + 341.102) / 2 ) / 820.122*365
=309.632 / 820.122*365
=137.80

HeiLongJiang ZBD Pharmaceutical 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
=( (341.102 + 363.28) / 2 ) / 180.987*365 / 4
=352.191 / 180.987*365 / 4
=177.57

* 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 177.57 mean?
HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) has a Days Payable of 177.57 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 HeiLongJiang ZBD Pharmaceutical Co and its competitors. This is 100% above median its historical median of 88.68. Over the past decade, HeiLongJiang ZBD Pharmaceutical Co's Days Payable has ranged from 47.95 to 137.80. According to the industry distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #284 out of 926 companies in the Drug Manufacturers industry, placing it in the top 30.7%.
Is HeiLongJiang ZBD Pharmaceutical Co's Days Payable too high?
HeiLongJiang ZBD Pharmaceutical Co's current Days Payable of 177.57 is 100% above median its 10-year median of 88.68. Over the past 10 years, this metric has ranged from a low of 47.95 to a high of 137.80. The Drug Manufacturers industry median Days Payable is 90.22. HeiLongJiang ZBD Pharmaceutical Co's value of 177.57 is 96.8% above this industry median. Based on the distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #284 out of 926 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, HeiLongJiang ZBD Pharmaceutical Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HeiLongJiang ZBD Pharmaceutical Co's Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #284 out of 926 companies for Days Payable. This puts HeiLongJiang ZBD Pharmaceutical Co in the upper half of its industry. The industry median Days Payable is 90.22. HeiLongJiang ZBD Pharmaceutical Co's value of 177.57 is 96.8% above this benchmark. Historically, HeiLongJiang ZBD Pharmaceutical Co's own Days Payable has ranged from 47.95 to 137.80 over the past decade. While the company's 10-year median is 88.68 vs. the industry median of 90.22, HeiLongJiang ZBD Pharmaceutical 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.22, based on 926 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. HeiLongJiang ZBD Pharmaceutical Co's current Days Payable of 177.57 is 96.8% 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 HeiLongJiang ZBD Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeiLongJiang ZBD Pharmaceutical Co's current Days Payable is 177.57, which is 100% above median its own 10-year median of 88.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeiLongJiang ZBD Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.93, compared to a current price of ¥6.88 — trading 256.5% above its estimated fair value. The current Days Payable is 177.57, which is 100% above median its 10-year median of 88.68 and 96.8% above the Drug Manufacturers industry median of 90.22. HeiLongJiang ZBD Pharmaceutical Co's overall GF Score™ is 33/100 with 4 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 HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567), the current Days Payable is 177.57 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 HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) Overvalued in 2026?

Based on GuruFocus' analysis, HeiLongJiang ZBD Pharmaceutical Co stock appears to be overvalued. The current stock price of ¥6.88 is trading 256.5% above its estimated GF Value™ of ¥1.93. GuruFocus considers HeiLongJiang ZBD Pharmaceutical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603567:

  • Days Payable: 177.57 (100% above median its 10-year median of 88.68)
  • GF Value™: ¥1.93 vs. price of ¥6.88 (256.5% above fair value)
  • GF Score™: 33/100 with 4 warning signs
  • Industry Position: 96.8% above the Drug Manufacturers median (#284 of 926)

No single metric tells the full story. See the SHSE:603567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeiLongJiang ZBD Pharmaceutical Co Business Description

Address No. 72, Hongxing Street, Hulin Town, Heilongjiang Province, Hulin, CHN, 158400
HeiLongJiang ZBD Pharmaceutical Co Ltd operates as a pharmaceutical manufacturer. The business scope of the company includes wholesale, retail, traditional Chinese medicine decoction pieces, Chinese medicine formula granules, Chinese herbal medicine trade, medical equipment, sanitary materials, and inspection and testing.
33GF Score

Get the complete analysis for SHSE:603567

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

¥6.88
Price
¥1.93
GF Value