Zhejiang Dehong Automotive Electronic & Electrical Co (SHSE:603701) Days Payable: 132.38 (As of Mar. 2026) — Near Median

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SHSE:603701 Zhejiang Dehong Automotive Electronic & Electrical Co Ltd SHSE:603701
73 GF Score
Price ¥17.88
GF Value ¥21.98
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Zhejiang Dehong Automotive Electronic & Electrical Co Days Payable?

Zhejiang Dehong Automotive Electronic & Electrical Co SHSE:603701 +4.07% 73 Days Payable is 132.38 as of Mar. 2026, which is 5% below its 10-year median of 139.03. GuruFocus rates SHSE:603701 with a GF Score™ of 73/100 and a GF Value™ of ¥21.98 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Zhejiang Dehong Automotive Electronic & Electrical Co ranks better than 79.17% on this metric.

Zhejiang Dehong Automotive Electronic & Electrical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥354 Mil. Zhejiang Dehong Automotive Electronic & Electrical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥244 Mil. Hence, Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable for the three months ended in Mar. 2026 was 132.38.

The historical rank and industry rank for Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable or its related term are showing as below:

SHSE:603701' s Days Payable Range Over the Past 10 Years
Min: 120.44   Med: 139.03   Max: 160.48
Current: 131.31

During the past 13 years, Zhejiang Dehong Automotive Electronic & Electrical Co's highest Days Payable was 160.48. The lowest was 120.44. And the median was 139.03.

SHSE:603701's Days Payable is ranked better than
79.17% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603701: 131.31

Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable declined from Mar. 2025 (148.48) to Mar. 2026 (132.38). It may suggest that Zhejiang Dehong Automotive Electronic & Electrical Co accelerated paying its suppliers.


Zhejiang Dehong Automotive Electronic & Electrical Co Days Payable Related Terms


Zhejiang Dehong Automotive Electronic & Electrical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Dehong Automotive Electronic & Electrical 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 Dehong Automotive Electronic & Electrical Co Days Payable Chart

Zhejiang Dehong Automotive Electronic & Electrical 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 123.27 131.99 120.44 138.86 132.01

Zhejiang Dehong Automotive Electronic & Electrical 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 148.48 130.26 135.88 125.02 132.38

SHSE:603701 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Zhejiang Dehong Automotive Electronic & Electrical 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 Dehong Automotive Electronic & Electrical Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable falls into.


SHSE:603701
73GF Score
Zhejiang Dehong Automotive Electronic & Electrical Co Ltd SHSE:603701
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Dehong Automotive Electronic & Electrical 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 Dehong Automotive Electronic & Electrical 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
=( (255.648 + 322.02) / 2 ) / 798.605*365
=288.834 / 798.605*365
=132.01

Zhejiang Dehong Automotive Electronic & Electrical 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
=( (322.02 + 385.413) / 2 ) / 243.815*365 / 4
=353.7165 / 243.815*365 / 4
=132.38

* 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 132.38 mean?
Zhejiang Dehong Automotive Electronic & Electrical Co (SHSE:603701) has a Days Payable of 132.38 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 Dehong Automotive Electronic & Electrical Co and its competitors. This is near median its historical median of 139.03. Over the past decade, Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable has ranged from 120.44 to 160.48. According to the industry distribution chart, Zhejiang Dehong Automotive Electronic & Electrical Co ranks #272 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 20.8%.
Is Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable too high?
Zhejiang Dehong Automotive Electronic & Electrical Co's current Days Payable of 132.38 is near median its 10-year median of 139.03. Over the past 10 years, this metric has ranged from a low of 120.44 to a high of 160.48. The Vehicles & Parts industry median Days Payable is 67.14. Zhejiang Dehong Automotive Electronic & Electrical Co's value of 132.38 is 97.2% above this industry median. Based on the distribution chart, Zhejiang Dehong Automotive Electronic & Electrical Co ranks #272 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Dehong Automotive Electronic & Electrical Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dehong Automotive Electronic & Electrical Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Dehong Automotive Electronic & Electrical Co ranks #272 out of 1306 companies for Days Payable. This places Zhejiang Dehong Automotive Electronic & Electrical Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Zhejiang Dehong Automotive Electronic & Electrical Co's value of 132.38 is 97.2% above this benchmark. Historically, Zhejiang Dehong Automotive Electronic & Electrical Co's own Days Payable has ranged from 120.44 to 160.48 over the past decade. While the company's 10-year median is 139.03 vs. the industry median of 67.14, Zhejiang Dehong Automotive Electronic & Electrical 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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 Dehong Automotive Electronic & Electrical Co's current Days Payable of 132.38 is 97.2% 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 Dehong Automotive Electronic & Electrical Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dehong Automotive Electronic & Electrical Co's current Days Payable is 132.38, which is near median its own 10-year median of 139.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dehong Automotive Electronic & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dehong Automotive Electronic & Electrical Co (SHSE:603701) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.98, compared to a current price of ¥17.88 — trading 18.7% below its estimated fair value. The current Days Payable is 132.38, which is near median its 10-year median of 139.03 and 97.2% above the Vehicles & Parts industry median of 67.14. Zhejiang Dehong Automotive Electronic & Electrical Co's overall GF Score™ is 73/100 with 7 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 Dehong Automotive Electronic & Electrical Co (SHSE:603701), the current Days Payable is 132.38 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 Dehong Automotive Electronic & Electrical Co (SHSE:603701) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dehong Automotive Electronic & Electrical Co stock appears to be undervalued. The current stock price of ¥17.88 is trading 18.7% below its estimated GF Value™ of ¥21.98. GuruFocus considers Zhejiang Dehong Automotive Electronic & Electrical Co to be Modestly Undervalued.

Key valuation signals for SHSE:603701:

  • Days Payable: 132.38 (near median its 10-year median of 139.03)
  • GF Value™: ¥21.98 vs. price of ¥17.88 (18.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 97.2% above the Vehicles & Parts median (#272 of 1306)

No single metric tells the full story. See the SHSE:603701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dehong Automotive Electronic & Electrical Co Business Description

Address No.1888,Southern Tai-Lake Avenue, Zhejiang, Huzhou, CHN, 313000
Zhejiang Dehong Automotive Electronic & Electrical Co Ltd is engaged in research and development, sell and related technical services of the automotive alternators. It manufactures alternator for the commercial vehicle engine. Its products include dynamo, starter, and components.
73GF Score

Get the complete analysis for SHSE:603701

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

¥17.88
Price
¥21.98
GF Value