Shandong Hiacent Technology Co (BJSE:920092) Days Payable: 409.16 (As of Jun. 2026) — 53% Above Median

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BJSE:920092 Shandong Hiacent Technology Co Ltd BJSE:920092
60 GF Score
Price ¥25.13
GF Value ¥13.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shandong Hiacent Technology Co Days Payable?

Shandong Hiacent Technology Co BJSE:920092 60 Days Payable is 409.16 as of Jun. 2026, which is 53% above its 10-year median of 266.76. GuruFocus rates BJSE:920092 with a GF Score™ of 60/100 and a GF Value™ of ¥13.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,610 Software companies, Shandong Hiacent Technology Co ranks better than 95.82% on this metric.

Shandong Hiacent Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥138.94 Mil. Shandong Hiacent Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥30.99 Mil. Hence, Shandong Hiacent Technology Co's Days Payable for the three months ended in Jun. 2026 was 409.16.

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

BJSE:920092' s Days Payable Range Over the Past 10 Years
Min: 114.18   Med: 266.76   Max: 891.21
Current: 891.21

During the past 13 years, Shandong Hiacent Technology Co's highest Days Payable was 891.21. The lowest was 114.18. And the median was 266.76.

BJSE:920092's Days Payable is ranked better than
95.82% of 2610 companies
in the Software industry
Industry Median: 51.36 vs BJSE:920092: 891.21

Shandong Hiacent Technology Co's Days Payable declined from Jun. 2025 (803.67) to Jun. 2026 (409.16). It may suggest that Shandong Hiacent Technology Co accelerated paying its suppliers.


Shandong Hiacent Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shandong Hiacent 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.

Shandong Hiacent Technology Co Days Payable Chart

Shandong Hiacent 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 283.64 734.49 305.14 437.71 877.46

Shandong Hiacent 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 803.67 1,333.65 1,118.95 1,665.16 409.16

BJSE:920092 vs IBM, ACN, CTSH: Days Payable Comparison

For the Information Technology Services subindustry, Shandong Hiacent 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.


Shandong Hiacent Technology Co Days Payable vs Software Industry

For the Software industry and Technology sector, Shandong Hiacent Technology Co's Days Payable distribution charts can be found below:

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


BJSE:920092
60GF Score
Shandong Hiacent Technology Co Ltd BJSE:920092
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hiacent 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.

Shandong Hiacent 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
=( (198.554 + 158.383) / 2 ) / 74.238*365
=178.4685 / 74.238*365
=877.46

Shandong Hiacent 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
=( (131.547 + 146.331) / 2 ) / 30.986*365 / 4
=138.939 / 30.986*365 / 4
=409.16

* 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 409.16 mean?
Shandong Hiacent Technology Co (BJSE:920092) has a Days Payable of 409.16 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 Shandong Hiacent Technology Co and its competitors. This is 53% above median its historical median of 266.76. Over the past decade, Shandong Hiacent Technology Co's Days Payable has ranged from 114.18 to 891.21. According to the industry distribution chart, Shandong Hiacent Technology Co ranks #109 out of 2610 companies in the Software industry, placing it in the top 4.2%.
Is Shandong Hiacent Technology Co's Days Payable too high?
Shandong Hiacent Technology Co's current Days Payable of 409.16 is 53% above median its 10-year median of 266.76. Over the past 10 years, this metric has ranged from a low of 114.18 to a high of 891.21. The Software industry median Days Payable is 51.36. Shandong Hiacent Technology Co's value of 409.16 is 696.7% above this industry median. Based on the distribution chart, Shandong Hiacent Technology Co ranks #109 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Hiacent Technology Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hiacent Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Shandong Hiacent Technology Co ranks #109 out of 2610 companies for Days Payable. This places Shandong Hiacent Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.36. Shandong Hiacent Technology Co's value of 409.16 is 696.7% above this benchmark. Historically, Shandong Hiacent Technology Co's own Days Payable has ranged from 114.18 to 891.21 over the past decade. While the company's 10-year median is 266.76 vs. the industry median of 51.36, Shandong Hiacent 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 a Software company?
The median Days Payable among Software companies is 51.36, based on 2,610 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. Shandong Hiacent Technology Co's current Days Payable of 409.16 is 696.7% 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 Shandong Hiacent Technology Co and its competitors. For the Software industry, the median Days Payable is 51.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hiacent Technology Co's current Days Payable is 409.16, which is 53% above median its own 10-year median of 266.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hiacent Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hiacent Technology Co (BJSE:920092) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.72, compared to a current price of ¥25.13 — trading 83.2% above its estimated fair value. The current Days Payable is 409.16, which is 53% above median its 10-year median of 266.76 and 696.7% above the Software industry median of 51.36. Shandong Hiacent Technology Co's overall GF Score™ is 60/100 with 5 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 Shandong Hiacent Technology Co (BJSE:920092), the current Days Payable is 409.16 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 Shandong Hiacent Technology Co (BJSE:920092) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hiacent Technology Co stock appears to be overvalued. The current stock price of ¥25.13 is trading 83.2% above its estimated GF Value™ of ¥13.72. GuruFocus considers Shandong Hiacent Technology Co to be Significantly Overvalued.

Key valuation signals for BJSE:920092:

  • Days Payable: 409.16 (53% above median its 10-year median of 266.76)
  • GF Value™: ¥13.72 vs. price of ¥25.13 (83.2% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 696.7% above the Software median (#109 of 2610)

No single metric tells the full story. See the BJSE:920092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hiacent Technology Co Business Description

Address No. 1, Lanhai Road, Building 4, High-tech Zone, Shandong Province, Yantai City, CHN, 264005
Shandong Hiacent Technology Co Ltd provides digital transformation services for the government and enterprises, and has three provincial innovation platforms: Shandong Enterprise Technology Center, Shandong One Enterprise One Technology Center, and Shandong Software Engineering Technology Center. The company has three main businesses: industrial intelligent manufacturing business, vehicle-road collaborative intelligent transportation business, and new smart city business.
60GF Score

Get the complete analysis for BJSE:920092

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

¥25.13
Price
¥13.72
GF Value