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What is Zhejiang Huasheng Technology Co Days Payable?
Zhejiang Huasheng Technology CoSHSE:605180 -1.72%71 Days Payable is 52.80 as of Mar. 2026, which is 104% above its 10-year median of 25.84. GuruFocus rates SHSE:605180 with a GF Score™ of 71/100 and a GF Value™ of ¥17.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Zhejiang Huasheng Technology Co ranks worse than 63.24% on this metric.
The historical rank and industry rank for Zhejiang Huasheng Technology Co's Days Payable or its related term are showing as below:
SHSE:605180'
s Days Payable Range Over the Past 10 Years
Min: 11.22 Med: 25.84 Max: 75.99
Current: 40.92
During the past 10 years, Zhejiang Huasheng Technology Co's highest Days Payable was 75.99. The lowest was 11.22. And the median was 25.84.
SHSE:605180's Days Payable is ranked worse than 63.24% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs SHSE:605180: 40.92
* 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 Huasheng Technology Co Days Payable Chart
Zhejiang Huasheng Technology Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Huasheng 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 Huasheng Technology Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Huasheng Technology Co's Days Payable falls into.
Zhejiang Huasheng 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.
* 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 Huasheng Technology Co (SHSE:605180) has a Days Payable of 52.80 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 Huasheng Technology Co and its competitors. This is 104% above median its historical median of 25.84. Over the past decade, Zhejiang Huasheng Technology Co's Days Payable has ranged from 11.22 to 75.99. According to the industry distribution chart, Zhejiang Huasheng Technology Co ranks #645 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.2%.
Is Zhejiang Huasheng Technology Co's Days Payable too high?
Zhejiang Huasheng Technology Co's current Days Payable of 52.80 is 104% above median its 10-year median of 25.84. Over the past 10 years, this metric has ranged from a low of 11.22 to a high of 75.99. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Zhejiang Huasheng Technology Co's value of 52.80 is 2.7% below this industry median. Based on the distribution chart, Zhejiang Huasheng Technology Co ranks #645 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Huasheng Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huasheng Technology Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Huasheng Technology Co ranks #645 out of 1020 companies for Days Payable. This places Zhejiang Huasheng Technology Co in the lower half of its industry. The industry median Days Payable is 54.27. Zhejiang Huasheng Technology Co's value of 52.80 is 2.7% below this benchmark. Historically, Zhejiang Huasheng Technology Co's own Days Payable has ranged from 11.22 to 75.99 over the past decade. While the company's 10-year median is 25.84 vs. the industry median of 54.27, Zhejiang Huasheng Technology 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.27, based on 1,020 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 Huasheng Technology Co's current Days Payable of 52.80 is 2.7% 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 Huasheng Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huasheng Technology Co's current Days Payable is 52.80, which is 104% above median its own 10-year median of 25.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huasheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co (SHSE:605180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.87, compared to a current price of ¥10.31 — trading 42.3% below its estimated fair value. The current Days Payable is 52.80, which is 104% above median its 10-year median of 25.84 and 2.7% below the Manufacturing - Apparel & Accessories industry median of 54.27. Zhejiang Huasheng Technology Co's overall GF Score™ is 71/100 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 Huasheng Technology Co (SHSE:605180), the current Days Payable is 52.80 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 Huasheng Technology Co (SHSE:605180) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co stock appears to be undervalued.
The current stock price of ¥10.31 is trading 42.3% below its estimated GF Value™ of ¥17.87.
GuruFocus considers Zhejiang Huasheng Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:605180:
Days Payable: 52.80 (104% above median its 10-year median of 25.84)
GF Value™: ¥17.87 vs. price of ¥10.31 (42.3% below fair value)
Industry Position: 2.7% below the Manufacturing - Apparel & Accessories median (#645 of 1020)
No single metric tells the full story. See the SHSE:605180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huasheng Technology Co Business Description
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production, and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics and planes, advertising, and other fields.
71GF Score
Get the complete analysis for SHSE:605180
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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