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What is Zhejiang He Chuan Technology Days Payable?
Zhejiang He Chuan TechnologySHSE:688320 -1.36%70 Days Payable is 180.88 as of Mar. 2026, which is 27% above its 10-year median of 142.34. GuruFocus rates SHSE:688320 with a GF Score™ of 70/100 and a GF Value™ of ¥42.41 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,442 Hardware companies, Zhejiang He Chuan Technology ranks better than 84.52% on this metric.
* 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:688320 vs SNDK, DELL, STX: Days Payable Comparison
For the Computer Hardware subindustry, Zhejiang He Chuan Technology'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 He Chuan Technology Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang He Chuan Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang He Chuan Technology's Days Payable falls into.
Zhejiang He Chuan Technology 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 He Chuan Technology (SHSE:688320) has a Days Payable of 180.88 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 He Chuan Technology and its competitors. This is 27% above median its historical median of 142.34. Over the past decade, Zhejiang He Chuan Technology's Days Payable has ranged from 126.58 to 175.56. According to the industry distribution chart, Zhejiang He Chuan Technology ranks #378 out of 2442 companies in the Hardware industry, placing it in the top 15.5%.
Is Zhejiang He Chuan Technology's Days Payable too high?
Zhejiang He Chuan Technology's current Days Payable of 180.88 is 27% above median its 10-year median of 142.34. Over the past 10 years, this metric has ranged from a low of 126.58 to a high of 175.56. The Hardware industry median Days Payable is 69.94. Zhejiang He Chuan Technology's value of 180.88 is 158.6% above this industry median. Based on the distribution chart, Zhejiang He Chuan Technology ranks #378 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang He Chuan Technology has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang He Chuan Technology's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Zhejiang He Chuan Technology ranks #378 out of 2442 companies for Days Payable. This places Zhejiang He Chuan Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.94. Zhejiang He Chuan Technology's value of 180.88 is 158.6% above this benchmark. Historically, Zhejiang He Chuan Technology's own Days Payable has ranged from 126.58 to 175.56 over the past decade. While the company's 10-year median is 142.34 vs. the industry median of 69.94, Zhejiang He Chuan Technology 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,442 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 He Chuan Technology's current Days Payable of 180.88 is 158.6% 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 He Chuan Technology and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang He Chuan Technology's current Days Payable is 180.88, which is 27% above median its own 10-year median of 142.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang He Chuan Technology stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang He Chuan Technology (SHSE:688320) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥42.41, compared to a current price of ¥26.75 — trading 36.9% below its estimated fair value. The current Days Payable is 180.88, which is 27% above median its 10-year median of 142.34 and 158.6% above the Hardware industry median of 69.94. Zhejiang He Chuan Technology's overall GF Score™ is 70/100 with 4 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 He Chuan Technology (SHSE:688320), the current Days Payable is 180.88 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 He Chuan Technology (SHSE:688320) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang He Chuan Technology stock appears to be undervalued.
The current stock price of ¥26.75 is trading 36.9% below its estimated GF Value™ of ¥42.41.
GuruFocus considers Zhejiang He Chuan Technology to be Significantly Undervalued.
Key valuation signals for SHSE:688320:
Days Payable: 180.88 (27% above median its 10-year median of 142.34)
GF Value™: ¥42.41 vs. price of ¥26.75 (36.9% below fair value)
Industry Position: 158.6% above the Hardware median (#378 of 2442)
No single metric tells the full story. See the SHSE:688320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products. The company provides information such as Programmable logic controllers (PLCs), Servo systems (servo drives and servo motors), Touch screens, frequency inverters, Control sensors and motion-control chips, CNC multi-axis controllers, robotic controllers, linear modules, and vision systems.
70GF Score
Get the complete analysis for SHSE:688320
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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