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Zhejiang Xinchai CoSZSE:301032 -0.19%74 Days Payable is 262.94 as of Jun. 2026, which is 15% above its 10-year median of 227.94. GuruFocus rates SZSE:301032 with a GF Score™ of 74/100 and a GF Value™ of ¥10.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,007 Industrial Products companies, Zhejiang Xinchai Co ranks better than 91.29% on this metric.
The historical rank and industry rank for Zhejiang Xinchai Co's Days Payable or its related term are showing as below:
SZSE:301032'
s Days Payable Range Over the Past 10 Years
Min: 206.49 Med: 227.94 Max: 252.98
Current: 252.98
During the past 9 years, Zhejiang Xinchai Co's highest Days Payable was 252.98. The lowest was 206.49. And the median was 227.94.
SZSE:301032's Days Payable is ranked better than 91.29% of 3007
companies
in the Industrial Products industry
Industry Median: 78.42
vs SZSE:301032: 252.98
Zhejiang Xinchai Co's Days Payable
increased
from Jun. 2025 (255.15) to Jun. 2026 (262.94).
It may suggest that Zhejiang Xinchai Codelayed paying its suppliers.
The historical data trend for Zhejiang Xinchai 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.
SZSE:301032 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Xinchai 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 Xinchai Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Xinchai Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinchai Co's Days Payable falls into.
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 Xinchai Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Xinchai Co (SZSE:301032) has a Days Payable of 262.94 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 Xinchai Co and its competitors. This is 15% above median its historical median of 227.94. Over the past decade, Zhejiang Xinchai Co's Days Payable has ranged from 206.49 to 252.98. According to the industry distribution chart, Zhejiang Xinchai Co ranks #262 out of 3007 companies in the Industrial Products industry, placing it in the top 8.7%.
Is Zhejiang Xinchai Co's Days Payable too high?
Zhejiang Xinchai Co's current Days Payable of 262.94 is 15% above median its 10-year median of 227.94. Over the past 10 years, this metric has ranged from a low of 206.49 to a high of 252.98. The Industrial Products industry median Days Payable is 78.42. Zhejiang Xinchai Co's value of 262.94 is 235.3% above this industry median. Based on the distribution chart, Zhejiang Xinchai Co ranks #262 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Xinchai Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinchai Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Xinchai Co ranks #262 out of 3007 companies for Days Payable. This places Zhejiang Xinchai Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.42. Zhejiang Xinchai Co's value of 262.94 is 235.3% above this benchmark. Historically, Zhejiang Xinchai Co's own Days Payable has ranged from 206.49 to 252.98 over the past decade. While the company's 10-year median is 227.94 vs. the industry median of 78.42, Zhejiang Xinchai 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 78.42, based on 3,007 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 Xinchai Co's current Days Payable of 262.94 is 235.3% 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 Xinchai Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinchai Co's current Days Payable is 262.94, which is 15% above median its own 10-year median of 227.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinchai Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinchai Co (SZSE:301032) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.65, compared to a current price of ¥10.24 — trading 3.8% below its estimated fair value. The current Days Payable is 262.94, which is 15% above median its 10-year median of 227.94 and 235.3% above the Industrial Products industry median of 78.42. Zhejiang Xinchai Co's overall GF Score™ is 74/100 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 Xinchai Co (SZSE:301032), the current Days Payable is 262.94 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 Xinchai Co (SZSE:301032) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xinchai Co stock appears to be undervalued.
The current stock price of ¥10.24 is trading 3.8% below its estimated GF Value™ of ¥10.65.
GuruFocus considers Zhejiang Xinchai Co to be Fairly Valued.
Key valuation signals for SZSE:301032:
Days Payable: 262.94 (15% above median its 10-year median of 227.94)
GF Value™: ¥10.65 vs. price of ¥10.24 (3.8% below fair value)
Industry Position: 235.3% above the Industrial Products median (#262 of 3007)
No single metric tells the full story. See the SZSE:301032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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