Mobvoi (HKSE:02438) Days Payable: 31.92 (As of Dec. 2025) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02438 Mobvoi Inc HKSE:02438
8 GF Score
Price HK$0.36
! 5 Warning Signs
View Full Analysis

What is Mobvoi Days Payable?

Mobvoi HKSE:02438 8 Days Payable is 31.92 as of Dec. 2025, which is 35% below its 10-year median of 49.25. GuruFocus rates HKSE:02438 with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 2,603 Software companies, Mobvoi ranks worse than 53.32% on this metric.

Mobvoi's average Accounts Payable for the six months ended in Dec. 2025 was HK$17.1 Mil. Mobvoi's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$98.0 Mil. Hence, Mobvoi's Days Payable for the six months ended in Dec. 2025 was 31.92.

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

HKSE:02438' s Days Payable Range Over the Past 10 Years
Min: 42.97   Med: 49.25   Max: 57.41
Current: 48.16

During the past 5 years, Mobvoi's highest Days Payable was 57.41. The lowest was 42.97. And the median was 49.25.

HKSE:02438's Days Payable is ranked worse than
53.32% of 2603 companies
in the Software industry
Industry Median: 52.78 vs HKSE:02438: 48.16

Mobvoi's Days Payable declined from Dec. 2024 (49.30) to Dec. 2025 (31.92). It may suggest that Mobvoi accelerated paying its suppliers.


Mobvoi Days Payable Historical Data

* Premium members only.

The historical data trend for Mobvoi'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.

Mobvoi Days Payable Chart

Mobvoi Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
43.34 55.71 42.97 57.41 49.25

Mobvoi Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 38.53 97.02 49.30 66.74 31.92

HKSE:02438 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Mobvoi'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.


Mobvoi Days Payable vs Software Industry

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

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


HKSE:02438
8GF Score
Mobvoi Inc HKSE:02438
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mobvoi 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.

Mobvoi'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
=( (35.937 + 12.156) / 2 ) / 178.208*365
=24.0465 / 178.208*365
=49.25

Mobvoi'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (22.115 + 12.156) / 2 ) / 97.985*365 / 2
=17.1355 / 97.985*365 / 2
=31.92

* 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 31.92 mean?
Mobvoi (HKSE:02438) has a Days Payable of 31.92 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 Mobvoi and its competitors. This is 35% below median its historical median of 49.25. Over the past decade, Mobvoi's Days Payable has ranged from 42.97 to 57.41. According to the industry distribution chart, Mobvoi ranks #1388 out of 2603 companies in the Software industry, placing it in the top 53.3%.
Is Mobvoi's Days Payable too high?
Mobvoi's current Days Payable of 31.92 is 35% below median its 10-year median of 49.25. Over the past 10 years, this metric has ranged from a low of 42.97 to a high of 57.41. The Software industry median Days Payable is 52.78. Mobvoi's value of 31.92 is 39.5% below this industry median. Based on the distribution chart, Mobvoi ranks #1388 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, Mobvoi has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mobvoi's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Mobvoi ranks #1388 out of 2603 companies for Days Payable. This places Mobvoi in the lower half of its industry. The industry median Days Payable is 52.78. Mobvoi's value of 31.92 is 39.5% below this benchmark. Historically, Mobvoi's own Days Payable has ranged from 42.97 to 57.41 over the past decade. While the company's 10-year median is 49.25 vs. the industry median of 52.78, Mobvoi 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 52.78, based on 2,603 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. Mobvoi's current Days Payable of 31.92 is 39.5% 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 Mobvoi and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobvoi's current Days Payable is 31.92, which is 35% below median its own 10-year median of 49.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobvoi stock overvalued right now?
Mobvoi (HKSE:02438) has a current Days Payable of 31.92. The current Days Payable is 31.92, which is 35% below median its 10-year median of 49.25 and 39.5% below the Software industry median of 52.78. Mobvoi's overall GF Score™ is 8/100 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 Mobvoi (HKSE:02438), the current Days Payable is 31.92 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.

Mobvoi Business Description

Address No. 6 Xingzhi Road, Level 23, Building 3, Economic and Technology Development Zone, Nanjing, CHN
Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. The company is engaged providing hardware and software integrated AI products and services to enterprises and consumers across multiple countries and regions. Its business segments consist of AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and AI Hardware includes the sale of smart devices and other accessories. Key revenue is generated from AI Hardware Solutions. The company geographically operates in Mainland China, Germany, and Other Countries.
8GF Score

Get the complete analysis for HKSE:02438

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

HK$0.36
Price