Wuxi Zhenhua Auto Parts Co (SHSE:605319) Days Payable: 318.98 (As of Mar. 2026) — 29% Above Median

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SHSE:605319 Wuxi Zhenhua Auto Parts Co Ltd SHSE:605319
84 GF Score
Price ¥20.61
GF Value ¥21.19
Valuation Fairly Valued
! 3 Warning Signs
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What is Wuxi Zhenhua Auto Parts Co Days Payable?

Wuxi Zhenhua Auto Parts Co SHSE:605319 -9.09% 84 Days Payable is 318.98 as of Mar. 2026, which is 29% above its 10-year median of 247.05. GuruFocus rates SHSE:605319 with a GF Score™ of 84/100 and a GF Value™ of ¥21.19 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Wuxi Zhenhua Auto Parts Co ranks better than 97.17% on this metric.

Wuxi Zhenhua Auto Parts Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,737 Mil. Wuxi Zhenhua Auto Parts Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥497 Mil. Hence, Wuxi Zhenhua Auto Parts Co's Days Payable for the three months ended in Mar. 2026 was 318.98.

The historical rank and industry rank for Wuxi Zhenhua Auto Parts Co's Days Payable or its related term are showing as below:

SHSE:605319' s Days Payable Range Over the Past 10 Years
Min: 125.79   Med: 247.05   Max: 290.08
Current: 273.32

During the past 10 years, Wuxi Zhenhua Auto Parts Co's highest Days Payable was 290.08. The lowest was 125.79. And the median was 247.05.

SHSE:605319's Days Payable is ranked better than
97.17% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs SHSE:605319: 273.32

Wuxi Zhenhua Auto Parts Co's Days Payable increased from Mar. 2025 (311.36) to Mar. 2026 (318.98). It may suggest that Wuxi Zhenhua Auto Parts Co delayed paying its suppliers.


Wuxi Zhenhua Auto Parts Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wuxi Zhenhua Auto Parts 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.

Wuxi Zhenhua Auto Parts Co Days Payable Chart

Wuxi Zhenhua Auto Parts 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 253.40 246.46 265.21 286.56 290.08

Wuxi Zhenhua Auto Parts 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 311.36 296.62 283.51 231.41 318.98

SHSE:605319 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Wuxi Zhenhua Auto Parts 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.


Wuxi Zhenhua Auto Parts Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wuxi Zhenhua Auto Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuxi Zhenhua Auto Parts Co's Days Payable falls into.


SHSE:605319
84GF Score
Wuxi Zhenhua Auto Parts Co Ltd SHSE:605319
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wuxi Zhenhua Auto Parts 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.

Wuxi Zhenhua Auto Parts 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
=( (1437.269 + 1932.661) / 2 ) / 2120.121*365
=1684.965 / 2120.121*365
=290.08

Wuxi Zhenhua Auto Parts 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
=( (1932.661 + 1540.769) / 2 ) / 496.819*365 / 4
=1736.715 / 496.819*365 / 4
=318.98

* 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 318.98 mean?
Wuxi Zhenhua Auto Parts Co (SHSE:605319) has a Days Payable of 318.98 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 Wuxi Zhenhua Auto Parts Co and its competitors. This is 29% above median its historical median of 247.05. Over the past decade, Wuxi Zhenhua Auto Parts Co's Days Payable has ranged from 125.79 to 290.08. According to the industry distribution chart, Wuxi Zhenhua Auto Parts Co ranks #37 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 2.8%.
Is Wuxi Zhenhua Auto Parts Co's Days Payable too high?
Wuxi Zhenhua Auto Parts Co's current Days Payable of 318.98 is 29% above median its 10-year median of 247.05. Over the past 10 years, this metric has ranged from a low of 125.79 to a high of 290.08. The Vehicles & Parts industry median Days Payable is 67.26. Wuxi Zhenhua Auto Parts Co's value of 318.98 is 374.3% above this industry median. Based on the distribution chart, Wuxi Zhenhua Auto Parts Co ranks #37 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Wuxi Zhenhua Auto Parts Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wuxi Zhenhua Auto Parts Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wuxi Zhenhua Auto Parts Co ranks #37 out of 1306 companies for Days Payable. This places Wuxi Zhenhua Auto Parts Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Wuxi Zhenhua Auto Parts Co's value of 318.98 is 374.3% above this benchmark. Historically, Wuxi Zhenhua Auto Parts Co's own Days Payable has ranged from 125.79 to 290.08 over the past decade. While the company's 10-year median is 247.05 vs. the industry median of 67.26, Wuxi Zhenhua Auto Parts 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 67.26, 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. Wuxi Zhenhua Auto Parts Co's current Days Payable of 318.98 is 374.3% 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 Wuxi Zhenhua Auto Parts Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi Zhenhua Auto Parts Co's current Days Payable is 318.98, which is 29% above median its own 10-year median of 247.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi Zhenhua Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi Zhenhua Auto Parts Co (SHSE:605319) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.19, compared to a current price of ¥20.61 — trading 2.7% below its estimated fair value. The current Days Payable is 318.98, which is 29% above median its 10-year median of 247.05 and 374.3% above the Vehicles & Parts industry median of 67.26. Wuxi Zhenhua Auto Parts Co's overall GF Score™ is 84/100 with 3 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 Wuxi Zhenhua Auto Parts Co (SHSE:605319), the current Days Payable is 318.98 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 Wuxi Zhenhua Auto Parts Co (SHSE:605319) Overvalued in 2026?

Based on GuruFocus' analysis, Wuxi Zhenhua Auto Parts Co stock appears to be undervalued. The current stock price of ¥20.61 is trading 2.7% below its estimated GF Value™ of ¥21.19. GuruFocus considers Wuxi Zhenhua Auto Parts Co to be Fairly Valued.

Key valuation signals for SHSE:605319:

  • Days Payable: 318.98 (29% above median its 10-year median of 247.05)
  • GF Value™: ¥21.19 vs. price of ¥20.61 (2.7% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 374.3% above the Vehicles & Parts median (#37 of 1306)

No single metric tells the full story. See the SHSE:605319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wuxi Zhenhua Auto Parts Co Business Description

Address No. 188, Luou East Road, Hudai Town, Binhu District, Jiangsu Province, Wuxi, CHN, 214161
Wuxi Zhenhua Auto Parts Co Ltd is engaged in the development, production and sales of automotive stamping and welding parts and related molds, as well as providing assembly processing services.
84GF Score

Get the complete analysis for SHSE:605319

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

¥20.61
Price
¥21.19
GF Value