Zhejiang Headman Machinery Co (SHSE:688577) Days Payable: 157.24 (As of Jun. 2026) — Near Median

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SHSE:688577 Zhejiang Headman Machinery Co Ltd SHSE:688577
83 GF Score
Price ¥39.15
GF Value ¥39.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Zhejiang Headman Machinery Co Days Payable?

Zhejiang Headman Machinery Co SHSE:688577 -3.33% 83 Days Payable is 157.24 as of Jun. 2026, which is 8% below its 10-year median of 171.45. GuruFocus rates SHSE:688577 with a GF Score™ of 83/100 and a GF Value™ of ¥39.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,004 Industrial Products companies, Zhejiang Headman Machinery Co ranks better than 78.3% on this metric.

Zhejiang Headman Machinery Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥390 Mil. Zhejiang Headman Machinery Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥226 Mil. Hence, Zhejiang Headman Machinery Co's Days Payable for the three months ended in Jun. 2026 was 157.24.

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

SHSE:688577' s Days Payable Range Over the Past 10 Years
Min: 146.38   Med: 171.45   Max: 220.37
Current: 162

During the past 13 years, Zhejiang Headman Machinery Co's highest Days Payable was 220.37. The lowest was 146.38. And the median was 171.45.

SHSE:688577's Days Payable is ranked better than
78.3% of 3004 companies
in the Industrial Products industry
Industry Median: 78.565 vs SHSE:688577: 162.00

Zhejiang Headman Machinery Co's Days Payable increased from Jun. 2025 (151.65) to Jun. 2026 (157.24). It may suggest that Zhejiang Headman Machinery Co delayed paying its suppliers.


Zhejiang Headman Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Headman Machinery 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 Headman Machinery Co Days Payable Chart

Zhejiang Headman Machinery 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 220.37 203.21 171.97 162.28 165.17

Zhejiang Headman Machinery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 151.65 149.44 142.28 200.04 157.24

SHSE:688577 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Headman Machinery 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 Headman Machinery Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Zhejiang Headman Machinery Co's Days Payable falls into.


SHSE:688577
83GF Score
Zhejiang Headman Machinery Co Ltd SHSE:688577
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Headman Machinery 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 Headman Machinery 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
=( (278.655 + 310.762) / 2 ) / 651.245*365
=294.7085 / 651.245*365
=165.17

Zhejiang Headman Machinery Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (359.372 + 419.732) / 2 ) / 226.067*365 / 4
=389.552 / 226.067*365 / 4
=157.24

* 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 157.24 mean?
Zhejiang Headman Machinery Co (SHSE:688577) has a Days Payable of 157.24 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang Headman Machinery Co and its competitors. This is near median its historical median of 171.45. Over the past decade, Zhejiang Headman Machinery Co's Days Payable has ranged from 146.38 to 220.37. According to the industry distribution chart, Zhejiang Headman Machinery Co ranks #652 out of 3004 companies in the Industrial Products industry, placing it in the top 21.7%.
Is Zhejiang Headman Machinery Co's Days Payable too high?
Zhejiang Headman Machinery Co's current Days Payable of 157.24 is near median its 10-year median of 171.45. Over the past 10 years, this metric has ranged from a low of 146.38 to a high of 220.37. The Industrial Products industry median Days Payable is 78.57. Zhejiang Headman Machinery Co's value of 157.24 is 100.1% above this industry median. Based on the distribution chart, Zhejiang Headman Machinery Co ranks #652 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Headman Machinery Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Headman Machinery Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Headman Machinery Co ranks #652 out of 3004 companies for Days Payable. This places Zhejiang Headman Machinery Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.57. Zhejiang Headman Machinery Co's value of 157.24 is 100.1% above this benchmark. Historically, Zhejiang Headman Machinery Co's own Days Payable has ranged from 146.38 to 220.37 over the past decade. While the company's 10-year median is 171.45 vs. the industry median of 78.57, Zhejiang Headman Machinery 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 78.57, based on 3,004 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 Headman Machinery Co's current Days Payable of 157.24 is 100.1% 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 Headman Machinery Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Headman Machinery Co's current Days Payable is 157.24, which is near median its own 10-year median of 171.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Headman Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Headman Machinery Co (SHSE:688577) is currently considered Fairly Valued. The stock's GF Value™ is ¥39.68, compared to a current price of ¥39.15 — trading 1.3% below its estimated fair value. The current Days Payable is 157.24, which is near median its 10-year median of 171.45 and 100.1% above the Industrial Products industry median of 78.57. Zhejiang Headman Machinery Co's overall GF Score™ is 83/100 with 6 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 Headman Machinery Co (SHSE:688577), the current Days Payable is 157.24 as of Jun. 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 Headman Machinery Co (SHSE:688577) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Headman Machinery Co stock appears to be undervalued. The current stock price of ¥39.15 is trading 1.3% below its estimated GF Value™ of ¥39.68. GuruFocus considers Zhejiang Headman Machinery Co to be Fairly Valued.

Key valuation signals for SHSE:688577:

  • Days Payable: 157.24 (near median its 10-year median of 171.45)
  • GF Value™: ¥39.68 vs. price of ¥39.15 (1.3% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 100.1% above the Industrial Products median (#652 of 3004)

No single metric tells the full story. See the SHSE:688577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Headman Machinery Co Business Description

Address Beishantou, Damaiyu Street, Zhejiang Province, Yuhuan, CHN, 317604
Zhejiang Headman Machinery Co Ltd is engaged in the research and development, design, production and sales of computer numerical control machines.
83GF Score

Get the complete analysis for SHSE:688577

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

¥39.15
Price
¥39.68
GF Value