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SHSE:688006's Days Payable is ranked better than 95.83% of 2995
companies
in the Industrial Products industry
Industry Median: 78.05
vs SHSE:688006: 329.86
* 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 Hangke Technologyorporated Co Days Payable Chart
Zhejiang Hangke Technologyorporated Co Annual Data
SHSE:688006 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Hangke Technologyorporated 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 Hangke Technologyorporated Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Hangke Technologyorporated Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Hangke Technologyorporated Co's Days Payable falls into.
Zhejiang Hangke Technologyorporated 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 Hangke Technologyorporated Co (SHSE:688006) has a Days Payable of 367.52 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 Hangke Technologyorporated Co and its competitors. This is near median its historical median of 339.08. Over the past decade, Zhejiang Hangke Technologyorporated Co's Days Payable has ranged from 252.34 to 436.95. According to the industry distribution chart, Zhejiang Hangke Technologyorporated Co ranks #125 out of 2995 companies in the Industrial Products industry, placing it in the top 4.2%.
Is Zhejiang Hangke Technologyorporated Co's Days Payable too high?
Zhejiang Hangke Technologyorporated Co's current Days Payable of 367.52 is near median its 10-year median of 339.08. Over the past 10 years, this metric has ranged from a low of 252.34 to a high of 436.95. The Industrial Products industry median Days Payable is 78.05. Zhejiang Hangke Technologyorporated Co's value of 367.52 is 370.9% above this industry median. Based on the distribution chart, Zhejiang Hangke Technologyorporated Co ranks #125 out of 2995 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Hangke Technologyorporated Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Hangke Technologyorporated Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Hangke Technologyorporated Co ranks #125 out of 2995 companies for Days Payable. This places Zhejiang Hangke Technologyorporated Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Zhejiang Hangke Technologyorporated Co's value of 367.52 is 370.9% above this benchmark. Historically, Zhejiang Hangke Technologyorporated Co's own Days Payable has ranged from 252.34 to 436.95 over the past decade. While the company's 10-year median is 339.08 vs. the industry median of 78.05, Zhejiang Hangke Technologyorporated 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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 Hangke Technologyorporated Co's current Days Payable of 367.52 is 370.9% 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 Zhejiang Hangke Technologyorporated Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Hangke Technologyorporated Co's current Days Payable is 367.52, which is near median its own 10-year median of 339.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Hangke Technologyorporated Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Hangke Technologyorporated Co (SHSE:688006) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.46, compared to a current price of ¥21.21 — trading 5.6% below its estimated fair value. The current Days Payable is 367.52, which is near median its 10-year median of 339.08 and 370.9% above the Industrial Products industry median of 78.05. Zhejiang Hangke Technologyorporated Co's overall GF Score™ is 91/100 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 Hangke Technologyorporated Co (SHSE:688006), the current Days Payable is 367.52 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 Hangke Technologyorporated Co (SHSE:688006) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Hangke Technologyorporated Co stock appears to be undervalued.
The current stock price of ¥21.21 is trading 5.6% below its estimated GF Value™ of ¥22.46.
GuruFocus considers Zhejiang Hangke Technologyorporated Co to be Fairly Valued.
Key valuation signals for SHSE:688006:
Days Payable: 367.52 (near median its 10-year median of 339.08)
GF Value™: ¥22.46 vs. price of ¥21.21 (5.6% below fair value)
Industry Position: 370.9% above the Industrial Products median (#125 of 2995)
No single metric tells the full story. See the SHSE:688006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Hangke Technologyorporated Co Business Description
Zhejiang Hangke Technology Incorporated Co is engaged in the design, development, production and sales of various types of cies, especially lithium ion battery production line aftertreatment systems.
91GF Score
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