Zhejiang Cheng Yi Pharmaceutical Co (SHSE:603811) Days Payable: 73.52 (As of Mar. 2026) — 30% Below Median

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SHSE:603811 Zhejiang Cheng Yi Pharmaceutical Co Ltd SHSE:603811
85 GF Score
Price ¥7.43
GF Value ¥8.45
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zhejiang Cheng Yi Pharmaceutical Co Days Payable?

Zhejiang Cheng Yi Pharmaceutical Co SHSE:603811 +3.05% 85 Days Payable is 73.52 as of Mar. 2026, which is 30% below its 10-year median of 105.01. GuruFocus rates SHSE:603811 with a GF Score™ of 85/100 and a GF Value™ of ¥8.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 926 Drug Manufacturers companies, Zhejiang Cheng Yi Pharmaceutical Co ranks worse than 58.1% on this metric.

Zhejiang Cheng Yi Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥48.7 Mil. Zhejiang Cheng Yi Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥60.4 Mil. Hence, Zhejiang Cheng Yi Pharmaceutical Co's Days Payable for the three months ended in Mar. 2026 was 73.52.

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

SHSE:603811' s Days Payable Range Over the Past 10 Years
Min: 51.72   Med: 105.01   Max: 170.71
Current: 74.69

During the past 13 years, Zhejiang Cheng Yi Pharmaceutical Co's highest Days Payable was 170.71. The lowest was 51.72. And the median was 105.01.

SHSE:603811's Days Payable is ranked worse than
58.1% of 926 companies
in the Drug Manufacturers industry
Industry Median: 90.22 vs SHSE:603811: 74.69

Zhejiang Cheng Yi Pharmaceutical Co's Days Payable declined from Mar. 2025 (108.24) to Mar. 2026 (73.52). It may suggest that Zhejiang Cheng Yi Pharmaceutical Co accelerated paying its suppliers.


Zhejiang Cheng Yi Pharmaceutical Co Days Payable Related Terms


Zhejiang Cheng Yi Pharmaceutical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Cheng Yi 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.

Zhejiang Cheng Yi Pharmaceutical Co Days Payable Chart

Zhejiang Cheng Yi 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 107.09 99.08 131.76 170.71 102.92

Zhejiang Cheng Yi 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 108.24 71.24 100.50 65.68 73.52

SHSE:603811 vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Cheng Yi 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.


Zhejiang Cheng Yi Pharmaceutical Co Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Zhejiang Cheng Yi Pharmaceutical Co's Days Payable falls into.


SHSE:603811
85GF Score
Zhejiang Cheng Yi Pharmaceutical Co Ltd SHSE:603811
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Cheng Yi 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.

Zhejiang Cheng Yi 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
=( (84.67 + 53.691) / 2 ) / 245.335*365
=69.1805 / 245.335*365
=102.92

Zhejiang Cheng Yi 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
=( (53.691 + 43.624) / 2 ) / 60.388*365 / 4
=48.6575 / 60.388*365 / 4
=73.52

* 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 73.52 mean?
Zhejiang Cheng Yi Pharmaceutical Co (SHSE:603811) has a Days Payable of 73.52 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 Cheng Yi Pharmaceutical Co and its competitors. This is 30% below median its historical median of 105.01. Over the past decade, Zhejiang Cheng Yi Pharmaceutical Co's Days Payable has ranged from 51.72 to 170.71. According to the industry distribution chart, Zhejiang Cheng Yi Pharmaceutical Co ranks #538 out of 926 companies in the Drug Manufacturers industry, placing it in the top 58.1%.
Is Zhejiang Cheng Yi Pharmaceutical Co's Days Payable too high?
Zhejiang Cheng Yi Pharmaceutical Co's current Days Payable of 73.52 is 30% below median its 10-year median of 105.01. Over the past 10 years, this metric has ranged from a low of 51.72 to a high of 170.71. The Drug Manufacturers industry median Days Payable is 90.22. Zhejiang Cheng Yi Pharmaceutical Co's value of 73.52 is 18.5% below this industry median. Based on the distribution chart, Zhejiang Cheng Yi Pharmaceutical Co ranks #538 out of 926 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zhejiang Cheng Yi Pharmaceutical Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Cheng Yi Pharmaceutical Co's Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zhejiang Cheng Yi Pharmaceutical Co ranks #538 out of 926 companies for Days Payable. This places Zhejiang Cheng Yi Pharmaceutical Co in the lower half of its industry. The industry median Days Payable is 90.22. Zhejiang Cheng Yi Pharmaceutical Co's value of 73.52 is 18.5% below this benchmark. Historically, Zhejiang Cheng Yi Pharmaceutical Co's own Days Payable has ranged from 51.72 to 170.71 over the past decade. While the company's 10-year median is 105.01 vs. the industry median of 90.22, Zhejiang Cheng Yi Pharmaceutical Co has consistently been below 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. Zhejiang Cheng Yi Pharmaceutical Co's current Days Payable of 73.52 is 18.5% below 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 Cheng Yi 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. Zhejiang Cheng Yi Pharmaceutical Co's current Days Payable is 73.52, which is 30% below median its own 10-year median of 105.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Cheng Yi Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Cheng Yi Pharmaceutical Co (SHSE:603811) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.45, compared to a current price of ¥7.43 — trading 12.1% below its estimated fair value. The current Days Payable is 73.52, which is 30% below median its 10-year median of 105.01 and 18.5% below the Drug Manufacturers industry median of 90.22. Zhejiang Cheng Yi Pharmaceutical Co's overall GF Score™ is 85/100 with 2 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 Cheng Yi Pharmaceutical Co (SHSE:603811), the current Days Payable is 73.52 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 Cheng Yi Pharmaceutical Co (SHSE:603811) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Cheng Yi Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥7.43 is trading 12.1% below its estimated GF Value™ of ¥8.45. GuruFocus considers Zhejiang Cheng Yi Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:603811:

  • Days Payable: 73.52 (30% below median its 10-year median of 105.01)
  • GF Value™: ¥8.45 vs. price of ¥7.43 (12.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 18.5% below the Drug Manufacturers median (#538 of 926)

No single metric tells the full story. See the SHSE:603811 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Cheng Yi Pharmaceutical Co Business Description

Address Lane 988, Shenhong Road, 7th Floor, No. 9, Building 20, Fuli Yuedu, Minhang District, Shanghai, CHN, 201100
Zhejiang Cheng Yi Pharmaceutical Co Ltd is a pharmaceutical company that produces capsules, injections, tablets, APIs, and pharmaceutical intermediates in China. Its main products include glucosamine hydrochloride raw materials and preparations, torasemide injection and capsules, Gastrodin raw materials, ribavirin and purine raw materials, and so on.
85GF Score

Get the complete analysis for SHSE:603811

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

¥7.43
Price
¥8.45
GF Value