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Zhejiang Heda Technology CoSHSE:688296 +0.08%67 Days Payable is 439.31 as of Mar. 2026, which is 229% above its 10-year median of 133.49. GuruFocus rates SHSE:688296 with a GF Score™ of 67/100 and a GF Value™ of ¥10.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 482 Utilities - Regulated companies, Zhejiang Heda Technology Co ranks better than 85.27% on this metric.
The historical rank and industry rank for Zhejiang Heda Technology Co's Days Payable or its related term are showing as below:
SHSE:688296'
s Days Payable Range Over the Past 10 Years
Min: 117.19 Med: 133.49 Max: 260.52
Current: 239.53
During the past 13 years, Zhejiang Heda Technology Co's highest Days Payable was 260.52. The lowest was 117.19. And the median was 133.49.
SHSE:688296's Days Payable is ranked better than 85.27% of 482
companies
in the Utilities - Regulated industry
Industry Median: 70.105
vs SHSE:688296: 239.53
* 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.
SHSE:688296 vs AWK, WTRG, AWR: Days Payable Comparison
For the Utilities - Regulated Water subindustry, Zhejiang Heda 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 Heda Technology Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhejiang Heda Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Heda Technology Co's Days Payable falls into.
Zhejiang Heda 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 Heda Technology Co (SHSE:688296) has a Days Payable of 439.31 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 Heda Technology Co and its competitors. This is 229% above median its historical median of 133.49. Over the past decade, Zhejiang Heda Technology Co's Days Payable has ranged from 117.19 to 260.52. According to the industry distribution chart, Zhejiang Heda Technology Co ranks #71 out of 482 companies in the Utilities - Regulated industry, placing it in the top 14.7%.
Is Zhejiang Heda Technology Co's Days Payable too high?
Zhejiang Heda Technology Co's current Days Payable of 439.31 is 229% above median its 10-year median of 133.49. Over the past 10 years, this metric has ranged from a low of 117.19 to a high of 260.52. The Utilities - Regulated industry median Days Payable is 70.11. Zhejiang Heda Technology Co's value of 439.31 is 526.6% above this industry median. Based on the distribution chart, Zhejiang Heda Technology Co ranks #71 out of 482 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Heda Technology Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Heda Technology Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Zhejiang Heda Technology Co ranks #71 out of 482 companies for Days Payable. This places Zhejiang Heda Technology Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.11. Zhejiang Heda Technology Co's value of 439.31 is 526.6% above this benchmark. Historically, Zhejiang Heda Technology Co's own Days Payable has ranged from 117.19 to 260.52 over the past decade. While the company's 10-year median is 133.49 vs. the industry median of 70.11, Zhejiang Heda 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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 Heda Technology Co's current Days Payable of 439.31 is 526.6% 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 Heda Technology Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Heda Technology Co's current Days Payable is 439.31, which is 229% above median its own 10-year median of 133.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Heda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co (SHSE:688296) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.91, compared to a current price of ¥12.66 — trading 16% above its estimated fair value. The current Days Payable is 439.31, which is 229% above median its 10-year median of 133.49 and 526.6% above the Utilities - Regulated industry median of 70.11. Zhejiang Heda Technology Co's overall GF Score™ is 67/100 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 Heda Technology Co (SHSE:688296), the current Days Payable is 439.31 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 Heda Technology Co (SHSE:688296) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co stock appears to be overvalued.
The current stock price of ¥12.66 is trading 16% above its estimated GF Value™ of ¥10.91.
GuruFocus considers Zhejiang Heda Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:688296:
Days Payable: 439.31 (229% above median its 10-year median of 133.49)
GF Value™: ¥10.91 vs. price of ¥12.66 (16% above fair value)
Industry Position: 526.6% above the Utilities - Regulated median (#71 of 482)
No single metric tells the full story. See the SHSE:688296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Address36 Changsheng South Road, Building 18, Jiaxing Smart Industrial Innovation Park, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN, 314006
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