Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) Days Payable: 108.73 (As of Mar. 2026) — Near Median

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SHSE:603583 Zhejiang Jiecang Linear Motion Technology Co Ltd SHSE:603583
89 GF Score
Price ¥24.10
GF Value ¥32.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhejiang Jiecang Linear Motion Technology Co Days Payable?

Zhejiang Jiecang Linear Motion Technology Co SHSE:603583 +1.18% 89 Days Payable is 108.73 as of Mar. 2026, which is 4% above its 10-year median of 104.16. GuruFocus rates SHSE:603583 with a GF Score™ of 89/100 and a GF Value™ of ¥32.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Zhejiang Jiecang Linear Motion Technology Co ranks better than 64.13% on this metric.

Zhejiang Jiecang Linear Motion Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥804 Mil. Zhejiang Jiecang Linear Motion Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥675 Mil. Hence, Zhejiang Jiecang Linear Motion Technology Co's Days Payable for the three months ended in Mar. 2026 was 108.73.

The historical rank and industry rank for Zhejiang Jiecang Linear Motion Technology Co's Days Payable or its related term are showing as below:

SHSE:603583' s Days Payable Range Over the Past 10 Years
Min: 86.06   Med: 104.16   Max: 125.25
Current: 108.17

During the past 13 years, Zhejiang Jiecang Linear Motion Technology Co's highest Days Payable was 125.25. The lowest was 86.06. And the median was 104.16.

SHSE:603583's Days Payable is ranked better than
64.13% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs SHSE:603583: 108.17

Zhejiang Jiecang Linear Motion Technology Co's Days Payable declined from Mar. 2025 (118.38) to Mar. 2026 (108.73). It may suggest that Zhejiang Jiecang Linear Motion Technology Co accelerated paying its suppliers.


Zhejiang Jiecang Linear Motion Technology Co Days Payable Related Terms


Zhejiang Jiecang Linear Motion Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Jiecang Linear Motion 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 Jiecang Linear Motion Technology Co Days Payable Chart

Zhejiang Jiecang Linear Motion 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 121.46 125.25 104.78 110.75 108.04

Zhejiang Jiecang Linear Motion 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 118.38 114.93 109.21 98.19 108.73

SHSE:603583 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Jiecang Linear Motion 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 Jiecang Linear Motion Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Jiecang Linear Motion Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiecang Linear Motion Technology Co's Days Payable falls into.


SHSE:603583
89GF Score
Zhejiang Jiecang Linear Motion Technology Co Ltd SHSE:603583
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Jiecang Linear Motion 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 Jiecang Linear Motion 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
=( (904.647 + 787.135) / 2 ) / 2857.63*365
=845.891 / 2857.63*365
=108.04

Zhejiang Jiecang Linear Motion 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
=( (787.135 + 821.321) / 2 ) / 674.932*365 / 4
=804.228 / 674.932*365 / 4
=108.73

* 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 108.73 mean?
Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) has a Days Payable of 108.73 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 Jiecang Linear Motion Technology Co and its competitors. This is near median its historical median of 104.16. Over the past decade, Zhejiang Jiecang Linear Motion Technology Co's Days Payable has ranged from 86.06 to 125.25. According to the industry distribution chart, Zhejiang Jiecang Linear Motion Technology Co ranks #1073 out of 2991 companies in the Industrial Products industry, placing it in the top 35.9%.
Is Zhejiang Jiecang Linear Motion Technology Co's Days Payable too high?
Zhejiang Jiecang Linear Motion Technology Co's current Days Payable of 108.73 is near median its 10-year median of 104.16. Over the past 10 years, this metric has ranged from a low of 86.06 to a high of 125.25. The Industrial Products industry median Days Payable is 77.97. Zhejiang Jiecang Linear Motion Technology Co's value of 108.73 is 39.5% above this industry median. Based on the distribution chart, Zhejiang Jiecang Linear Motion Technology Co ranks #1073 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Jiecang Linear Motion Technology Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jiecang Linear Motion Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Jiecang Linear Motion Technology Co ranks #1073 out of 2991 companies for Days Payable. This puts Zhejiang Jiecang Linear Motion Technology Co in the upper half of its industry. The industry median Days Payable is 77.97. Zhejiang Jiecang Linear Motion Technology Co's value of 108.73 is 39.5% above this benchmark. Historically, Zhejiang Jiecang Linear Motion Technology Co's own Days Payable has ranged from 86.06 to 125.25 over the past decade. While the company's 10-year median is 104.16 vs. the industry median of 77.97, Zhejiang Jiecang Linear Motion 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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 Jiecang Linear Motion Technology Co's current Days Payable of 108.73 is 39.5% 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 Jiecang Linear Motion Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Jiecang Linear Motion Technology Co's current Days Payable is 108.73, which is near median its own 10-year median of 104.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jiecang Linear Motion Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.58, compared to a current price of ¥24.10 — trading 26% below its estimated fair value. The current Days Payable is 108.73, which is near median its 10-year median of 104.16 and 39.5% above the Industrial Products industry median of 77.97. Zhejiang Jiecang Linear Motion Technology Co's overall GF Score™ is 89/100 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 Jiecang Linear Motion Technology Co (SHSE:603583), the current Days Payable is 108.73 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 Jiecang Linear Motion Technology Co (SHSE:603583) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Jiecang Linear Motion Technology Co stock appears to be undervalued. The current stock price of ¥24.10 is trading 26% below its estimated GF Value™ of ¥32.58. GuruFocus considers Zhejiang Jiecang Linear Motion Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603583:

  • Days Payable: 108.73 (near median its 10-year median of 104.16)
  • GF Value™: ¥32.58 vs. price of ¥24.10 (26% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 39.5% above the Industrial Products median (#1073 of 2991)

No single metric tells the full story. See the SHSE:603583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Jiecang Linear Motion Technology Co Business Description

Address Provincial High-tech Industrial Park, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Jiecang Linear Motion Technology Co Ltd is mainly engaged in the research, development, and sales of linear drive systems. The company's linear drive system are widely used in medical care, smart office, smart home, industrial and other fields. Products offered by the company include electric push rod series, lifting column series, controller series, operator series, lift table series and other product series.
89GF Score

Get the complete analysis for SHSE:603583

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

¥24.10
Price
¥32.58
GF Value