Manycore Tech (HKSE:00068) Days Payable: 13.71 (As of Dec. 2025) — Near Median

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HKSE:00068 Manycore Tech Inc HKSE:00068
9 GF Score
Price HK$9.60
! 4 Warning Signs
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What is Manycore Tech Days Payable?

Manycore Tech HKSE:00068 +0.63% 9 Days Payable is 13.71 as of Dec. 2025, which is 6% above its 10-year median of 12.98. GuruFocus rates HKSE:00068 with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 2,604 Software companies, Manycore Tech ranks worse than 86.87% on this metric.

Manycore Tech's average Accounts Payable for the six months ended in Dec. 2025 was HK$6.0 Mil. Manycore Tech's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$161.0 Mil. Hence, Manycore Tech's Days Payable for the six months ended in Dec. 2025 was 6.86.

The historical rank and industry rank for Manycore Tech's Days Payable or its related term are showing as below:

HKSE:00068' s Days Payable Range Over the Past 10 Years
Min: 11.95   Med: 12.98   Max: 13.71
Current: 13.71

During the past 3 years, Manycore Tech's highest Days Payable was 13.71. The lowest was 11.95. And the median was 12.98.

HKSE:00068's Days Payable is ranked worse than
86.87% of 2604 companies
in the Software industry
Industry Median: 51.64 vs HKSE:00068: 13.71

Manycore Tech's Days Payable increased from Dec. 2023 (12.98) to Dec. 2025 (13.71). It may suggest that Manycore Tech delayed paying its suppliers.


Manycore Tech Days Payable Historical Data

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The historical data trend for Manycore Tech'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.

Manycore Tech Days Payable Chart

Manycore Tech Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
12.98 11.95 13.71

Manycore Tech Semi-Annual Data
Dec23 Dec24 Dec25
Days Payable 12.98 11.95 13.71

HKSE:00068 vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Manycore Tech'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.


Manycore Tech Days Payable vs Software Industry

For the Software industry and Technology sector, Manycore Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Manycore Tech's Days Payable falls into.


HKSE:00068
9GF Score
Manycore Tech Inc HKSE:00068
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manycore Tech 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.

Manycore Tech'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
=( (4.074 + 8.02) / 2 ) / 160.965*365
=6.047 / 160.965*365
=13.71

Manycore Tech's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (4.074 + 8.02) / 2 ) / 160.965*365 / 2
=6.047 / 160.965*365 / 2
=6.86

* 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 13.71 mean?
Manycore Tech (HKSE:00068) has a Days Payable of 13.71 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manycore Tech and its competitors. This is near median its historical median of 12.98. Over the past decade, Manycore Tech's Days Payable has ranged from 11.95 to 13.71. According to the industry distribution chart, Manycore Tech ranks #2262 out of 2604 companies in the Software industry, placing it in the top 86.9%.
Is Manycore Tech's Days Payable too high?
Manycore Tech's current Days Payable of 13.71 is near median its 10-year median of 12.98. Over the past 10 years, this metric has ranged from a low of 11.95 to a high of 13.71. The Software industry median Days Payable is 51.64. Manycore Tech's value of 13.71 is 73.5% below this industry median. Based on the distribution chart, Manycore Tech ranks #2262 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Manycore Tech has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Manycore Tech's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Manycore Tech ranks #2262 out of 2604 companies for Days Payable. This places Manycore Tech in the lower half of its industry. The industry median Days Payable is 51.64. Manycore Tech's value of 13.71 is 73.5% below this benchmark. Historically, Manycore Tech's own Days Payable has ranged from 11.95 to 13.71 over the past decade. While the company's 10-year median is 12.98 vs. the industry median of 51.64, Manycore Tech 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 a Software company?
The median Days Payable among Software companies is 51.64, based on 2,604 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. Manycore Tech's current Days Payable of 13.71 is 73.5% 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 Manycore Tech and its competitors. For the Software industry, the median Days Payable is 51.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manycore Tech's current Days Payable is 13.71, which is near median its own 10-year median of 12.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manycore Tech stock overvalued right now?
Manycore Tech (HKSE:00068) has a current Days Payable of 13.71. The current Days Payable is 13.71, which is near median its 10-year median of 12.98 and 73.5% below the Software industry median of 51.64. Manycore Tech's overall GF Score™ is 9/100 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 Manycore Tech (HKSE:00068), the current Days Payable is 13.71 as of Dec. 2025. 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.

Manycore Tech Business Description

Address No. 515 Yuhangtang Road, Floor 11, Building 1, Matrix International, Gongshu District, Zhejiang Province, Hangzhou, CHN
Manycore Tech Inc is a provider of spatial intelligence services and develops technologies related to spatial data, tools, and models. Its products support applications such as spatial design, 3D content creation, digital twins, e-commerce visualization, and artificial intelligence training. The company operates globally and offers platforms including Kujiale and Coohom.
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HK$9.60
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