Zhejiang Shuangyuan Technology Co (SHSE:688623) Days Payable: 76.60 (As of Jun. 2026) — 47% Above Median

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SHSE:688623 Zhejiang Shuangyuan Technology Co Ltd SHSE:688623
80 GF Score
Price ¥55.90
GF Value ¥37.48
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Zhejiang Shuangyuan Technology Co Days Payable?

Zhejiang Shuangyuan Technology Co SHSE:688623 +0.16% 80 Days Payable is 76.60 as of Jun. 2026, which is 47% above its 10-year median of 52.17. GuruFocus rates SHSE:688623 with a GF Score™ of 80/100 and a GF Value™ of ¥37.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,002 Industrial Products companies, Zhejiang Shuangyuan Technology Co ranks worse than 54.53% on this metric.

Zhejiang Shuangyuan Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥52.4 Mil. Zhejiang Shuangyuan Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥62.4 Mil. Hence, Zhejiang Shuangyuan Technology Co's Days Payable for the three months ended in Jun. 2026 was 76.60.

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

SHSE:688623' s Days Payable Range Over the Past 10 Years
Min: 30.82   Med: 52.17   Max: 92.47
Current: 70.82

During the past 7 years, Zhejiang Shuangyuan Technology Co's highest Days Payable was 92.47. The lowest was 30.82. And the median was 52.17.

SHSE:688623's Days Payable is ranked worse than
54.53% of 3002 companies
in the Industrial Products industry
Industry Median: 78.565 vs SHSE:688623: 70.82

Zhejiang Shuangyuan Technology Co's Days Payable increased from Jun. 2025 (50.33) to Jun. 2026 (76.60). It may suggest that Zhejiang Shuangyuan Technology Co delayed paying its suppliers.


Zhejiang Shuangyuan Technology Co Days Payable Related Terms


Zhejiang Shuangyuan Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Shuangyuan 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 Shuangyuan Technology Co Days Payable Chart

Zhejiang Shuangyuan Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 43.85 52.17 72.41 86.11 92.47

Zhejiang Shuangyuan Technology 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 50.33 62.29 57.31 87.84 76.60

SHSE:688623 vs GEV, ETN, PH: Days Payable Comparison

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

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

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


SHSE:688623
80GF Score
Zhejiang Shuangyuan Technology Co Ltd SHSE:688623
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Shuangyuan 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 Shuangyuan 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
=( (59.454 + 49.022) / 2 ) / 214.082*365
=54.238 / 214.082*365
=92.47

Zhejiang Shuangyuan Technology 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
=( (49.381 + 55.367) / 2 ) / 62.389*365 / 4
=52.374 / 62.389*365 / 4
=76.60

* 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 76.60 mean?
Zhejiang Shuangyuan Technology Co (SHSE:688623) has a Days Payable of 76.60 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 Shuangyuan Technology Co and its competitors. This is 47% above median its historical median of 52.17. Over the past decade, Zhejiang Shuangyuan Technology Co's Days Payable has ranged from 30.82 to 92.47. According to the industry distribution chart, Zhejiang Shuangyuan Technology Co ranks #1637 out of 3002 companies in the Industrial Products industry, placing it in the top 54.5%.
Is Zhejiang Shuangyuan Technology Co's Days Payable too high?
Zhejiang Shuangyuan Technology Co's current Days Payable of 76.60 is 47% above median its 10-year median of 52.17. Over the past 10 years, this metric has ranged from a low of 30.82 to a high of 92.47. The Industrial Products industry median Days Payable is 78.57. Zhejiang Shuangyuan Technology Co's value of 76.60 is 2.5% below this industry median. Based on the distribution chart, Zhejiang Shuangyuan Technology Co ranks #1637 out of 3002 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Shuangyuan Technology Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shuangyuan Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Shuangyuan Technology Co ranks #1637 out of 3002 companies for Days Payable. This places Zhejiang Shuangyuan Technology Co in the lower half of its industry. The industry median Days Payable is 78.57. Zhejiang Shuangyuan Technology Co's value of 76.60 is 2.5% below this benchmark. Historically, Zhejiang Shuangyuan Technology Co's own Days Payable has ranged from 30.82 to 92.47 over the past decade. While the company's 10-year median is 52.17 vs. the industry median of 78.57, Zhejiang Shuangyuan Technology Co has consistently been below 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 3,002 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 Shuangyuan Technology Co's current Days Payable of 76.60 is 2.5% below 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 Shuangyuan Technology 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 Shuangyuan Technology Co's current Days Payable is 76.60, which is 47% above median its own 10-year median of 52.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shuangyuan Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shuangyuan Technology Co (SHSE:688623) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥37.48, compared to a current price of ¥55.90 — trading 49.1% above its estimated fair value. The current Days Payable is 76.60, which is 47% above median its 10-year median of 52.17 and 2.5% below the Industrial Products industry median of 78.57. Zhejiang Shuangyuan Technology Co's overall GF Score™ is 80/100 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 Shuangyuan Technology Co (SHSE:688623), the current Days Payable is 76.60 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 Shuangyuan Technology Co (SHSE:688623) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shuangyuan Technology Co stock appears to be overvalued. The current stock price of ¥55.90 is trading 49.1% above its estimated GF Value™ of ¥37.48. GuruFocus considers Zhejiang Shuangyuan Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688623:

  • Days Payable: 76.60 (47% above median its 10-year median of 52.17)
  • GF Value™: ¥37.48 vs. price of ¥55.90 (49.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 2.5% below the Industrial Products median (#1637 of 3002)

No single metric tells the full story. See the SHSE:688623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Shuangyuan Technology Co Business Description

Address No. 1418, Moganshan Road, Building 41-2, Zhejiang Shuangyuan Technology Building, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Shuangyuan Technology Co Ltd is specialized in the research and development of online automatic measurement and control of product quality in the production process and machine vision application technology. The company mainly produces product quality automatic measurement and control systems and machine vision inspection systems, which are widely used in many industries such as new energy, metal foil materials, medical hygiene materials, films, non-woven fabric hygiene materials, papermaking, and food. worldwide.
80GF Score

Get the complete analysis for SHSE:688623

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

¥55.90
Price
¥37.48
GF Value