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SHSE:603578's Days Payable is ranked better than 96.09% of 2993
companies
in the Industrial Products industry
Industry Median: 78.08
vs SHSE:603578: 339.87
* 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 Three Stars New Materials Co Days Payable Chart
SHSE:603578 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Three Stars New Materials 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 Three Stars New Materials Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Three Stars New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Three Stars New Materials Co's Days Payable falls into.
Zhejiang Three Stars New Materials 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 Three Stars New Materials Co (SHSE:603578) has a Days Payable of 309.17 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 Three Stars New Materials Co and its competitors. This is 213% above median its historical median of 98.69. Over the past decade, Zhejiang Three Stars New Materials Co's Days Payable has ranged from 83.01 to 369.62. According to the industry distribution chart, Zhejiang Three Stars New Materials Co ranks #117 out of 2993 companies in the Industrial Products industry, placing it in the top 3.9%.
Is Zhejiang Three Stars New Materials Co's Days Payable too high?
Zhejiang Three Stars New Materials Co's current Days Payable of 309.17 is 213% above median its 10-year median of 98.69. Over the past 10 years, this metric has ranged from a low of 83.01 to a high of 369.62. The Industrial Products industry median Days Payable is 78.08. Zhejiang Three Stars New Materials Co's value of 309.17 is 296% above this industry median. Based on the distribution chart, Zhejiang Three Stars New Materials Co ranks #117 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Three Stars New Materials Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Three Stars New Materials Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Three Stars New Materials Co ranks #117 out of 2993 companies for Days Payable. This places Zhejiang Three Stars New Materials Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. Zhejiang Three Stars New Materials Co's value of 309.17 is 296% above this benchmark. Historically, Zhejiang Three Stars New Materials Co's own Days Payable has ranged from 83.01 to 369.62 over the past decade. While the company's 10-year median is 98.69 vs. the industry median of 78.08, Zhejiang Three Stars New Materials 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 78.08, based on 2,993 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 Three Stars New Materials Co's current Days Payable of 309.17 is 296% 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 Three Stars New Materials Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Three Stars New Materials Co's current Days Payable is 309.17, which is 213% above median its own 10-year median of 98.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Three Stars New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Three Stars New Materials Co (SHSE:603578) is currently considered Possible Value Trap. The stock's GF Value™ is ¥23.51, compared to a current price of ¥12.02 — trading 48.9% below its estimated fair value. The current Days Payable is 309.17, which is 213% above median its 10-year median of 98.69 and 296% above the Industrial Products industry median of 78.08. Zhejiang Three Stars New Materials Co's overall GF Score™ is 64/100 with 5 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 Three Stars New Materials Co (SHSE:603578), the current Days Payable is 309.17 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 Three Stars New Materials Co (SHSE:603578) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Three Stars New Materials Co stock appears to be undervalued.
The current stock price of ¥12.02 is trading 48.9% below its estimated GF Value™ of ¥23.51.
GuruFocus considers Zhejiang Three Stars New Materials Co to be Possible Value Trap.
Key valuation signals for SHSE:603578:
Days Payable: 309.17 (213% above median its 10-year median of 98.69)
GF Value™: ¥23.51 vs. price of ¥12.02 (48.9% below fair value)
Industry Position: 296% above the Industrial Products median (#117 of 2993)
No single metric tells the full story. See the SHSE:603578 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Three Stars New Materials Co Ltd is a China based company involved in the design, development, production and sales of all kinds of low temperature storage equipment glass door and deep processing glass products. It produces hollow glass door, PVC extrusion profile, single layer glass door, overall injection molding glass door, coating glass, tempered glass and touch screen glass.
64GF Score
Get the complete analysis for SHSE:603578
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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