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Zhejiang Tony Electronic CoSHSE:603595 -7.01%70 Days Payable is 239.57 as of Mar. 2026, which is 100% above its 10-year median of 119.85. GuruFocus rates SHSE:603595 with a GF Score™ of 70/100 and a GF Value™ of ¥22.64 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Zhejiang Tony Electronic Co ranks better than 90.5% on this metric.
The historical rank and industry rank for Zhejiang Tony Electronic Co's Days Payable or its related term are showing as below:
SHSE:603595'
s Days Payable Range Over the Past 10 Years
Min: 37.41 Med: 119.85 Max: 274.17
Current: 239.14
During the past 13 years, Zhejiang Tony Electronic Co's highest Days Payable was 274.17. The lowest was 37.41. And the median was 119.85.
SHSE:603595's Days Payable is ranked better than 90.5% of 2991
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:603595: 239.14
* 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.
For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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 Tony Electronic Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Tony Electronic Co's Days Payable falls into.
Zhejiang Tony Electronic 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 Tony Electronic Co (SHSE:603595) has a Days Payable of 239.57 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 Zhejiang Tony Electronic Co and its competitors. This is 100% above median its historical median of 119.85. Over the past decade, Zhejiang Tony Electronic Co's Days Payable has ranged from 37.41 to 274.17. According to the industry distribution chart, Zhejiang Tony Electronic Co ranks #284 out of 2991 companies in the Industrial Products industry, placing it in the top 9.5%.
Is Zhejiang Tony Electronic Co's Days Payable too high?
Zhejiang Tony Electronic Co's current Days Payable of 239.57 is 100% above median its 10-year median of 119.85. Over the past 10 years, this metric has ranged from a low of 37.41 to a high of 274.17. The Industrial Products industry median Days Payable is 78.05. Zhejiang Tony Electronic Co's value of 239.57 is 206.9% above this industry median. Based on the distribution chart, Zhejiang Tony Electronic Co ranks #284 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Tony Electronic Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tony Electronic Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Tony Electronic Co ranks #284 out of 2991 companies for Days Payable. This places Zhejiang Tony Electronic Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Zhejiang Tony Electronic Co's value of 239.57 is 206.9% above this benchmark. Historically, Zhejiang Tony Electronic Co's own Days Payable has ranged from 37.41 to 274.17 over the past decade. While the company's 10-year median is 119.85 vs. the industry median of 78.05, Zhejiang Tony Electronic 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 2,991 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 Tony Electronic Co's current Days Payable of 239.57 is 206.9% 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 Tony Electronic 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 Tony Electronic Co's current Days Payable is 239.57, which is 100% above median its own 10-year median of 119.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tony Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co (SHSE:603595) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.64, compared to a current price of ¥25.85 — trading 14.2% above its estimated fair value. The current Days Payable is 239.57, which is 100% above median its 10-year median of 119.85 and 206.9% above the Industrial Products industry median of 78.05. Zhejiang Tony Electronic Co's overall GF Score™ is 70/100 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 Tony Electronic Co (SHSE:603595), the current Days Payable is 239.57 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 Zhejiang Tony Electronic Co (SHSE:603595) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co stock appears to be overvalued.
The current stock price of ¥25.85 is trading 14.2% above its estimated GF Value™ of ¥22.64.
GuruFocus considers Zhejiang Tony Electronic Co to be Modestly Overvalued.
Key valuation signals for SHSE:603595:
Days Payable: 239.57 (100% above median its 10-year median of 119.85)
GF Value™: ¥22.64 vs. price of ¥25.85 (14.2% above fair value)
Industry Position: 206.9% above the Industrial Products median (#284 of 2991)
No single metric tells the full story. See the SHSE:603595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.
70GF Score
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