Zhejiang Risun Intelligent Technology Co (SHSE:688215) Days Payable: 168.46 (As of Mar. 2026) — 113% Above Median

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SHSE:688215 Zhejiang Risun Intelligent Technology Co Ltd SHSE:688215
80 GF Score
Price ¥31.71
GF Value ¥23.55
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zhejiang Risun Intelligent Technology Co Days Payable?

Zhejiang Risun Intelligent Technology Co SHSE:688215 +2.52% 80 Days Payable is 168.46 as of Mar. 2026, which is 113% above its 10-year median of 79.02. GuruFocus rates SHSE:688215 with a GF Score™ of 80/100 and a GF Value™ of ¥23.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,995 Industrial Products companies, Zhejiang Risun Intelligent Technology Co ranks better than 68.55% on this metric.

Zhejiang Risun Intelligent Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥162.5 Mil. Zhejiang Risun Intelligent Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥88.0 Mil. Hence, Zhejiang Risun Intelligent Technology Co's Days Payable for the three months ended in Mar. 2026 was 168.46.

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

SHSE:688215' s Days Payable Range Over the Past 10 Years
Min: 57.45   Med: 79.02   Max: 184.13
Current: 122.56

During the past 13 years, Zhejiang Risun Intelligent Technology Co's highest Days Payable was 184.13. The lowest was 57.45. And the median was 79.02.

SHSE:688215's Days Payable is ranked better than
68.55% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:688215: 122.56

Zhejiang Risun Intelligent Technology Co's Days Payable increased from Mar. 2025 (139.02) to Mar. 2026 (168.46). It may suggest that Zhejiang Risun Intelligent Technology Co delayed paying its suppliers.


Zhejiang Risun Intelligent Technology Co Days Payable Related Terms


Zhejiang Risun Intelligent Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Risun Intelligent Technology 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.

Zhejiang Risun Intelligent Technology Co Days Payable Chart

Zhejiang Risun Intelligent Technology 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 135.28 87.46 71.56 83.42 129.33

Zhejiang Risun Intelligent Technology 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 139.02 78.29 131.19 99.57 168.46

SHSE:688215 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Risun Intelligent 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 Risun Intelligent Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Risun Intelligent Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Risun Intelligent Technology Co's Days Payable falls into.


SHSE:688215
80GF Score
Zhejiang Risun Intelligent Technology Co Ltd SHSE:688215
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Risun Intelligent 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.

Zhejiang Risun Intelligent Technology 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
=( (74.083 + 133.422) / 2 ) / 292.811*365
=103.7525 / 292.811*365
=129.33

Zhejiang Risun Intelligent Technology 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
=( (133.422 + 191.602) / 2 ) / 88.028*365 / 4
=162.512 / 88.028*365 / 4
=168.46

* 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 168.46 mean?
Zhejiang Risun Intelligent Technology Co (SHSE:688215) has a Days Payable of 168.46 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 Risun Intelligent Technology Co and its competitors. This is 113% above median its historical median of 79.02. Over the past decade, Zhejiang Risun Intelligent Technology Co's Days Payable has ranged from 57.45 to 184.13. According to the industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #942 out of 2995 companies in the Industrial Products industry, placing it in the top 31.5%.
Is Zhejiang Risun Intelligent Technology Co's Days Payable too high?
Zhejiang Risun Intelligent Technology Co's current Days Payable of 168.46 is 113% above median its 10-year median of 79.02. Over the past 10 years, this metric has ranged from a low of 57.45 to a high of 184.13. The Industrial Products industry median Days Payable is 78.05. Zhejiang Risun Intelligent Technology Co's value of 168.46 is 115.8% above this industry median. Based on the distribution chart, Zhejiang Risun Intelligent Technology Co ranks #942 out of 2995 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Risun Intelligent Technology Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Risun Intelligent Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #942 out of 2995 companies for Days Payable. This puts Zhejiang Risun Intelligent Technology Co in the upper half of its industry. The industry median Days Payable is 78.05. Zhejiang Risun Intelligent Technology Co's value of 168.46 is 115.8% above this benchmark. Historically, Zhejiang Risun Intelligent Technology Co's own Days Payable has ranged from 57.45 to 184.13 over the past decade. While the company's 10-year median is 79.02 vs. the industry median of 78.05, Zhejiang Risun Intelligent Technology 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 Risun Intelligent Technology Co's current Days Payable of 168.46 is 115.8% 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 Risun Intelligent Technology 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 Risun Intelligent Technology Co's current Days Payable is 168.46, which is 113% above median its own 10-year median of 79.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Risun Intelligent Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co (SHSE:688215) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥23.55, compared to a current price of ¥31.71 — trading 34.6% above its estimated fair value. The current Days Payable is 168.46, which is 113% above median its 10-year median of 79.02 and 115.8% above the Industrial Products industry median of 78.05. Zhejiang Risun Intelligent Technology Co's overall GF Score™ is 80/100 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 Zhejiang Risun Intelligent Technology Co (SHSE:688215), the current Days Payable is 168.46 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 Risun Intelligent Technology Co (SHSE:688215) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co stock appears to be overvalued. The current stock price of ¥31.71 is trading 34.6% above its estimated GF Value™ of ¥23.55. GuruFocus considers Zhejiang Risun Intelligent Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688215:

  • Days Payable: 168.46 (113% above median its 10-year median of 79.02)
  • GF Value™: ¥23.55 vs. price of ¥31.71 (34.6% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 115.8% above the Industrial Products median (#942 of 2995)

No single metric tells the full story. See the SHSE:688215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Risun Intelligent Technology Co Business Description

Address Lane 299, Guanghua Road, Room 701, Building 016, No. 17, 18, 19, 20, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315500
Zhejiang Risun Intelligent Technology Co Ltd is engaged in the production and sales of intelligent material transfer, automated production, automated storage, automated sorting, and logistics systems in industrial production. The company's main products are intelligent suspension production system, intelligent suspension warehouse sorting system, plane logistics transportation system, intelligent intersection pallet sorting machine, intelligent stereo storage system, real time data acquisition system and intelligent mobile robot (AGV), MES, WMS and other automated production equipment and logistics equipment, that are mainly applied to clothing, home textile, home, auto parts, cases, bags, shoes, baby carrier, electric business, logistics, warehousing, washing, and other industries.
80GF Score

Get the complete analysis for SHSE:688215

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

¥31.71
Price
¥23.55
GF Value