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What is Zhejiang Damon Technology Co Days Payable?
Zhejiang Damon Technology CoSHSE:688360 -3.09%84 Days Payable is 235.55 as of Mar. 2026, which is 101% above its 10-year median of 117.41. GuruFocus rates SHSE:688360 with a GF Score™ of 84/100 and a GF Value™ of ¥13.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Zhejiang Damon Technology Co ranks better than 83.97% on this metric.
The historical rank and industry rank for Zhejiang Damon Technology Co's Days Payable or its related term are showing as below:
SHSE:688360'
s Days Payable Range Over the Past 10 Years
Min: 103.89 Med: 117.41 Max: 186.66
Current: 186.66
During the past 13 years, Zhejiang Damon Technology Co's highest Days Payable was 186.66. The lowest was 103.89. And the median was 117.41.
SHSE:688360's Days Payable is ranked better than 83.97% of 2994
companies
in the Industrial Products industry
Industry Median: 78.005
vs SHSE:688360: 186.66
* 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:688360 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Damon 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 Damon Technology Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Damon Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Damon Technology Co's Days Payable falls into.
Zhejiang Damon 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 Damon Technology Co (SHSE:688360) has a Days Payable of 235.55 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 Damon Technology Co and its competitors. This is 101% above median its historical median of 117.41. Over the past decade, Zhejiang Damon Technology Co's Days Payable has ranged from 103.89 to 186.66. According to the industry distribution chart, Zhejiang Damon Technology Co ranks #480 out of 2994 companies in the Industrial Products industry, placing it in the top 16%.
Is Zhejiang Damon Technology Co's Days Payable too high?
Zhejiang Damon Technology Co's current Days Payable of 235.55 is 101% above median its 10-year median of 117.41. Over the past 10 years, this metric has ranged from a low of 103.89 to a high of 186.66. The Industrial Products industry median Days Payable is 78.01. Zhejiang Damon Technology Co's value of 235.55 is 202% above this industry median. Based on the distribution chart, Zhejiang Damon Technology Co ranks #480 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Damon Technology Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Damon Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Damon Technology Co ranks #480 out of 2994 companies for Days Payable. This places Zhejiang Damon Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.01. Zhejiang Damon Technology Co's value of 235.55 is 202% above this benchmark. Historically, Zhejiang Damon Technology Co's own Days Payable has ranged from 103.89 to 186.66 over the past decade. While the company's 10-year median is 117.41 vs. the industry median of 78.01, Zhejiang Damon 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 78.01, based on 2,994 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 Damon Technology Co's current Days Payable of 235.55 is 202% 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 Damon Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Damon Technology Co's current Days Payable is 235.55, which is 101% above median its own 10-year median of 117.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Damon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Damon Technology Co (SHSE:688360) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.41, compared to a current price of ¥13.48 — trading 0.5% above its estimated fair value. The current Days Payable is 235.55, which is 101% above median its 10-year median of 117.41 and 202% above the Industrial Products industry median of 78.01. Zhejiang Damon Technology Co's overall GF Score™ is 84/100 with 3 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 Damon Technology Co (SHSE:688360), the current Days Payable is 235.55 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 Damon Technology Co (SHSE:688360) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Damon Technology Co stock appears to be overvalued.
The current stock price of ¥13.48 is trading 0.5% above its estimated GF Value™ of ¥13.41.
GuruFocus considers Zhejiang Damon Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688360:
Days Payable: 235.55 (101% above median its 10-year median of 117.41)
GF Value™: ¥13.41 vs. price of ¥13.48 (0.5% above fair value)
Industry Position: 202% above the Industrial Products median (#480 of 2994)
No single metric tells the full story. See the SHSE:688360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Damon Technology Co Ltd is a providers of intelligent logistics system solutions and key equipment in China. The company's business is divided into four divisions namely Dynamic storage division; Damon Australia division; Conveying sorting division; and Logistics components division. Its intelligent logistics equipment is widely used in intelligent manufacturing, e-commerce, express logistics, clothing, medicine, tobacco, new retail and other fields.
84GF Score
Get the complete analysis for SHSE:688360
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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