Zhejiangnfer Electric Co (SHSE:605336) Days Payable: 348.72 (As of Mar. 2026) — 132% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605336 Zhejiang Sanfer Electric Co Ltd SHSE:605336
59 GF Score
Price ¥9.26
GF Value ¥5.01
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Zhejiangnfer Electric Co Days Payable?

Zhejiangnfer Electric Co SHSE:605336 -2.53% 59 Days Payable is 348.72 as of Mar. 2026, which is 132% above its 10-year median of 150.50. GuruFocus rates SHSE:605336 with a GF Score™ of 59/100 and a GF Value™ of ¥5.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Zhejiangnfer Electric Co ranks better than 95.91% on this metric.

Zhejiangnfer Electric Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥62.4 Mil. Zhejiangnfer Electric Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥16.3 Mil. Hence, Zhejiangnfer Electric Co's Days Payable for the three months ended in Mar. 2026 was 348.72.

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

SHSE:605336' s Days Payable Range Over the Past 10 Years
Min: 128.29   Med: 150.5   Max: 263.79
Current: 217.51

During the past 10 years, Zhejiangnfer Electric Co's highest Days Payable was 263.79. The lowest was 128.29. And the median was 150.50.

SHSE:605336's Days Payable is ranked better than
95.91% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs SHSE:605336: 217.51

Zhejiangnfer Electric Co's Days Payable increased from Mar. 2025 (277.75) to Mar. 2026 (348.72). It may suggest that Zhejiangnfer Electric Co delayed paying its suppliers.


Zhejiangnfer Electric Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiangnfer Electric 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.

Zhejiangnfer Electric Co Days Payable Chart

Zhejiangnfer Electric 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 135.76 160.07 193.45 263.79 235.32

Zhejiangnfer Electric 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 277.75 182.27 237.81 198.19 348.72

SHSE:605336 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Zhejiangnfer Electric 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.


Zhejiangnfer Electric Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiangnfer Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiangnfer Electric Co's Days Payable falls into.


SHSE:605336
59GF Score
Zhejiang Sanfer Electric Co Ltd SHSE:605336
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiangnfer Electric 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.

Zhejiangnfer Electric 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
=( (106.653 + 76.84) / 2 ) / 142.305*365
=91.7465 / 142.305*365
=235.32

Zhejiangnfer Electric 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
=( (76.84 + 48.05) / 2 ) / 16.34*365 / 4
=62.445 / 16.34*365 / 4
=348.72

* 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 348.72 mean?
Zhejiangnfer Electric Co (SHSE:605336) has a Days Payable of 348.72 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 Zhejiangnfer Electric Co and its competitors. This is 132% above median its historical median of 150.50. Over the past decade, Zhejiangnfer Electric Co's Days Payable has ranged from 128.29 to 263.79. According to the industry distribution chart, Zhejiangnfer Electric Co ranks #17 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.1%.
Is Zhejiangnfer Electric Co's Days Payable too high?
Zhejiangnfer Electric Co's current Days Payable of 348.72 is 132% above median its 10-year median of 150.50. Over the past 10 years, this metric has ranged from a low of 128.29 to a high of 263.79. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Zhejiangnfer Electric Co's value of 348.72 is 447.1% above this industry median. Based on the distribution chart, Zhejiangnfer Electric Co ranks #17 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiangnfer Electric Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiangnfer Electric Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zhejiangnfer Electric Co ranks #17 out of 416 companies for Days Payable. This places Zhejiangnfer Electric Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.75. Zhejiangnfer Electric Co's value of 348.72 is 447.1% above this benchmark. Historically, Zhejiangnfer Electric Co's own Days Payable has ranged from 128.29 to 263.79 over the past decade. While the company's 10-year median is 150.50 vs. the industry median of 63.75, Zhejiangnfer Electric 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Zhejiangnfer Electric Co's current Days Payable of 348.72 is 447.1% 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 Zhejiangnfer Electric Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiangnfer Electric Co's current Days Payable is 348.72, which is 132% above median its own 10-year median of 150.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiangnfer Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiangnfer Electric Co (SHSE:605336) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.01, compared to a current price of ¥9.26 — trading 84.8% above its estimated fair value. The current Days Payable is 348.72, which is 132% above median its 10-year median of 150.50 and 447.1% above the Furnishings, Fixtures & Appliances industry median of 63.75. Zhejiangnfer Electric Co's overall GF Score™ is 59/100 with 5 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 Zhejiangnfer Electric Co (SHSE:605336), the current Days Payable is 348.72 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 Zhejiangnfer Electric Co (SHSE:605336) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiangnfer Electric Co stock appears to be overvalued. The current stock price of ¥9.26 is trading 84.8% above its estimated GF Value™ of ¥5.01. GuruFocus considers Zhejiangnfer Electric Co to be Significantly Overvalued.

Key valuation signals for SHSE:605336:

  • Days Payable: 348.72 (132% above median its 10-year median of 150.50)
  • GF Value™: ¥5.01 vs. price of ¥9.26 (84.8% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 447.1% above the Furnishings, Fixtures & Appliances median (#17 of 416)

No single metric tells the full story. See the SHSE:605336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiangnfer Electric Co Business Description

Address No. 100, Wuhe West Road, Shengzhou City, Zhejiang Province, Shaoxing, CHN, 312400
Zhejiang Sanfer Electric Co Ltd is engaged in design, production and sales of modern new kitchen appliances with integrated stove. The company's technologies include three-burner fire flames, removable and washable invention patents, and DC inverter motors. The product line covers integrated stoves, integrated sinks, dishwashers, and integrated cabinets.
59GF Score

Get the complete analysis for SHSE:605336

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

¥9.26
Price
¥5.01
GF Value