Zhejiang Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565) Days Payable: 173.14 (As of Mar. 2026) — 25% Below Median

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SHSE:688565 Zhejiang Haiyan Liyuan Environmental Protection Technology Co Ltd SHSE:688565
69 GF Score
Price ¥8.70
GF Value ¥7.24
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Zhejiang Haiyan Liyuan Environmental Protection Technology Co Days Payable?

Zhejiang Haiyan Liyuan Environmental Protection Technology Co SHSE:688565 -5.54% 69 Days Payable is 173.14 as of Mar. 2026, which is 25% below its 10-year median of 229.97. GuruFocus rates SHSE:688565 with a GF Score™ of 69/100 and a GF Value™ of ¥7.24 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Zhejiang Haiyan Liyuan Environmental Protection Technology Co ranks better than 61.02% on this metric.

Zhejiang Haiyan Liyuan Environmental Protection Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥63.6 Mil. Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥33.5 Mil. Hence, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable for the three months ended in Mar. 2026 was 173.14.

The historical rank and industry rank for Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable or its related term are showing as below:

SHSE:688565' s Days Payable Range Over the Past 10 Years
Min: 100.82   Med: 229.97   Max: 401.68
Current: 100.82

During the past 13 years, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's highest Days Payable was 401.68. The lowest was 100.82. And the median was 229.97.

SHSE:688565's Days Payable is ranked better than
61.02% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:688565: 100.82

Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable increased from Mar. 2025 (144.00) to Mar. 2026 (173.14). It may suggest that Zhejiang Haiyan Liyuan Environmental Protection Technology Co delayed paying its suppliers.


Zhejiang Haiyan Liyuan Environmental Protection Technology Co Days Payable Related Terms


Zhejiang Haiyan Liyuan Environmental Protection Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Haiyan Liyuan Environmental Protection 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 Haiyan Liyuan Environmental Protection Technology Co Days Payable Chart

Zhejiang Haiyan Liyuan Environmental Protection 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 258.92 334.69 201.01 111.88 103.56

Zhejiang Haiyan Liyuan Environmental Protection 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 144.00 83.16 91.13 100.09 173.14

SHSE:688565 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Haiyan Liyuan Environmental Protection 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 Haiyan Liyuan Environmental Protection Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable falls into.


SHSE:688565
69GF Score
Zhejiang Haiyan Liyuan Environmental Protection Technology Co Ltd SHSE:688565
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Haiyan Liyuan Environmental Protection 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 Haiyan Liyuan Environmental Protection 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
=( (74.515 + 62.193) / 2 ) / 240.906*365
=68.354 / 240.906*365
=103.56

Zhejiang Haiyan Liyuan Environmental Protection 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
=( (62.193 + 65.022) / 2 ) / 33.524*365 / 4
=63.6075 / 33.524*365 / 4
=173.14

* 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 173.14 mean?
Zhejiang Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565) has a Days Payable of 173.14 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 Haiyan Liyuan Environmental Protection Technology Co and its competitors. This is 25% below median its historical median of 229.97. Over the past decade, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable has ranged from 100.82 to 401.68. According to the industry distribution chart, Zhejiang Haiyan Liyuan Environmental Protection Technology Co ranks #1166 out of 2991 companies in the Industrial Products industry, placing it in the top 39%.
Is Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable too high?
Zhejiang Haiyan Liyuan Environmental Protection Technology Co's current Days Payable of 173.14 is 25% below median its 10-year median of 229.97. Over the past 10 years, this metric has ranged from a low of 100.82 to a high of 401.68. The Industrial Products industry median Days Payable is 78.05. Zhejiang Haiyan Liyuan Environmental Protection Technology Co's value of 173.14 is 121.8% above this industry median. Based on the distribution chart, Zhejiang Haiyan Liyuan Environmental Protection Technology Co ranks #1166 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Haiyan Liyuan Environmental Protection Technology Co has a GF Scoreâ„¢ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Haiyan Liyuan Environmental Protection Technology Co ranks #1166 out of 2991 companies for Days Payable. This puts Zhejiang Haiyan Liyuan Environmental Protection Technology Co in the upper half of its industry. The industry median Days Payable is 78.05. Zhejiang Haiyan Liyuan Environmental Protection Technology Co's value of 173.14 is 121.8% above this benchmark. Historically, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's own Days Payable has ranged from 100.82 to 401.68 over the past decade. While the company's 10-year median is 229.97 vs. the industry median of 78.05, Zhejiang Haiyan Liyuan Environmental Protection 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 2,991 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 Haiyan Liyuan Environmental Protection Technology Co's current Days Payable of 173.14 is 121.8% 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 Haiyan Liyuan Environmental Protection 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 Haiyan Liyuan Environmental Protection Technology Co's current Days Payable is 173.14, which is 25% below median its own 10-year median of 229.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Haiyan Liyuan Environmental Protection Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.24, compared to a current price of ¥8.70 — trading 20.2% above its estimated fair value. The current Days Payable is 173.14, which is 25% below median its 10-year median of 229.97 and 121.8% above the Industrial Products industry median of 78.05. Zhejiang Haiyan Liyuan Environmental Protection Technology Co's overall GF Score™ is 69/100 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 Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565), the current Days Payable is 173.14 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 Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Haiyan Liyuan Environmental Protection Technology Co stock appears to be overvalued. The current stock price of Â¥8.70 is trading 20.2% above its estimated GF Value™ of Â¥7.24. GuruFocus considers Zhejiang Haiyan Liyuan Environmental Protection Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688565:

  • Days Payable: 173.14 (25% below median its 10-year median of 229.97)
  • GF Value™: Â¥7.24 vs. price of Â¥8.70 (20.2% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 121.8% above the Industrial Products median (#1166 of 2991)

No single metric tells the full story. See the SHSE:688565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Haiyan Liyuan Environmental Protection Technology Co Business Description

Address No.585, Chang'an North Road, Wuyuan Street, Haiyan County, Zhejiang Province, Jiaxing, CHN, 314300
Zhejiang Haiyan Liyuan Environmental Protection Technology Co Ltd is engaged in the research and development, design and integration of water treatment system equipment for nuclear power plants, thermal power plants, metallurgy, chemical and other industrial enterprises and municipal industries.
69GF Score

Get the complete analysis for SHSE:688565

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

Â¥8.70
Price
Â¥7.24
GF Value