Yongjin Technology Group Co (SHSE:603995) Days Payable: 32.24 (As of Jun. 2026) — 118% Above Median

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SHSE:603995 Yongjin Technology Group Co Ltd SHSE:603995
82 GF Score
Price ¥26.26
GF Value ¥20.56
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Yongjin Technology Group Co Days Payable?

Yongjin Technology Group Co SHSE:603995 -4.61% 82 Days Payable is 32.24 as of Jun. 2026, which is 118% above its 10-year median of 14.77. GuruFocus rates SHSE:603995 with a GF Score™ of 82/100 and a GF Value™ of ¥20.56 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 597 Steel companies, Yongjin Technology Group Co ranks worse than 63.99% on this metric.

Yongjin Technology Group Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥4,301 Mil. Yongjin Technology Group Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥12,173 Mil. Hence, Yongjin Technology Group Co's Days Payable for the three months ended in Jun. 2026 was 32.24.

The historical rank and industry rank for Yongjin Technology Group Co's Days Payable or its related term are showing as below:

SHSE:603995' s Days Payable Range Over the Past 10 Years
Min: 10.17   Med: 14.77   Max: 30.23
Current: 30.23

During the past 11 years, Yongjin Technology Group Co's highest Days Payable was 30.23. The lowest was 10.17. And the median was 14.77.

SHSE:603995's Days Payable is ranked worse than
63.99% of 597 companies
in the Steel industry
Industry Median: 41.82 vs SHSE:603995: 30.23

Yongjin Technology Group Co's Days Payable increased from Jun. 2025 (27.53) to Jun. 2026 (32.24). It may suggest that Yongjin Technology Group Co delayed paying its suppliers.


Yongjin Technology Group Co Days Payable Historical Data

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The historical data trend for Yongjin Technology Group 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.

Yongjin Technology Group Co Days Payable Chart

Yongjin Technology Group 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 12.56 15.04 16.89 19.69 24.35

Yongjin Technology Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 27.53 25.96 26.78 33.70 32.24

SHSE:603995 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Yongjin Technology Group 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.


Yongjin Technology Group Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Yongjin Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yongjin Technology Group Co's Days Payable falls into.


SHSE:603995
82GF Score
Yongjin Technology Group Co Ltd SHSE:603995
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Yongjin Technology Group 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.

Yongjin Technology Group 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
=( (2380.951 + 3032.279) / 2 ) / 40564.49*365
=2706.615 / 40564.49*365
=24.35

Yongjin Technology Group Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3907.638 + 4693.934) / 2 ) / 12173.273*365 / 4
=4300.786 / 12173.273*365 / 4
=32.24

* 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 32.24 mean?
Yongjin Technology Group Co (SHSE:603995) has a Days Payable of 32.24 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yongjin Technology Group Co and its competitors. This is 118% above median its historical median of 14.77. Over the past decade, Yongjin Technology Group Co's Days Payable has ranged from 10.17 to 30.23. According to the industry distribution chart, Yongjin Technology Group Co ranks #382 out of 597 companies in the Steel industry, placing it in the top 64%.
Is Yongjin Technology Group Co's Days Payable too high?
Yongjin Technology Group Co's current Days Payable of 32.24 is 118% above median its 10-year median of 14.77. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 30.23. The Steel industry median Days Payable is 41.82. Yongjin Technology Group Co's value of 32.24 is 22.9% below this industry median. Based on the distribution chart, Yongjin Technology Group Co ranks #382 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Yongjin Technology Group Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yongjin Technology Group Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Yongjin Technology Group Co ranks #382 out of 597 companies for Days Payable. This places Yongjin Technology Group Co in the lower half of its industry. The industry median Days Payable is 41.82. Yongjin Technology Group Co's value of 32.24 is 22.9% below this benchmark. Historically, Yongjin Technology Group Co's own Days Payable has ranged from 10.17 to 30.23 over the past decade. While the company's 10-year median is 14.77 vs. the industry median of 41.82, Yongjin Technology Group 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 Steel company?
The median Days Payable among Steel companies is 41.82, based on 597 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. Yongjin Technology Group Co's current Days Payable of 32.24 is 22.9% 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 Yongjin Technology Group Co and its competitors. For the Steel industry, the median Days Payable is 41.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yongjin Technology Group Co's current Days Payable is 32.24, which is 118% above median its own 10-year median of 14.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yongjin Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Yongjin Technology Group Co (SHSE:603995) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥26.26 — trading 27.7% above its estimated fair value. The current Days Payable is 32.24, which is 118% above median its 10-year median of 14.77 and 22.9% below the Steel industry median of 41.82. Yongjin Technology Group Co's overall GF Score™ is 82/100 with 10 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 Yongjin Technology Group Co (SHSE:603995), the current Days Payable is 32.24 as of Jun. 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 Yongjin Technology Group Co (SHSE:603995) Overvalued in 2026?

Based on GuruFocus' analysis, Yongjin Technology Group Co stock appears to be overvalued. The current stock price of ¥26.26 is trading 27.7% above its estimated GF Value™ of ¥20.56. GuruFocus considers Yongjin Technology Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603995:

  • Days Payable: 32.24 (118% above median its 10-year median of 14.77)
  • GF Value™: ¥20.56 vs. price of ¥26.26 (27.7% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 22.9% below the Steel median (#382 of 597)

No single metric tells the full story. See the SHSE:603995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yongjin Technology Group Co Business Description

Address No. 99, Chuangye Avenue, Lanxi Economic Development Zone, Zhejiang Province, Lanxi, CHN, 321100
Yongjin Technology Group Co Ltd is engaged in Research and development, production and sales of cold-rolled stainless steel strips. The products cover precision Cold-rolled stainless steel strips, wide-width cold-rolled stainless steel strips, metal layered composite materials, and stainless steel water pipes are widely used in electronic information, medical equipment, environmental protection chemicals, and automobile transportation.
82GF Score

Get the complete analysis for SHSE:603995

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

¥26.26
Price
¥20.56
GF Value