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QiniuHKSE:02567 -3.90%7 Days Payable is 70.44 as of Dec. 2025, which is 8% above its 10-year median of 65.47. GuruFocus rates HKSE:02567 with a GF Score™ of 7/100. The stock has 5 warning signs investors should review. Among 2,610 Software companies, Qiniu ranks better than 60.88% on this metric.
Qiniu's average Accounts Payable for the
six
months ended in Dec. 2025 was HK$328 Mil. Qiniu's Cost of Goods Sold for the
six
months ended in Dec. 2025 was HK$851 Mil.
Hence, Qiniu's Days Payable for the
six
months ended in Dec. 2025 was 70.44.
The historical rank and industry rank for Qiniu's Days Payable or its related term are showing as below:
HKSE:02567'
s Days Payable Range Over the Past 10 Years
Min: 46 Med: 65.47 Max: 86.71
Current: 75.91
During the past 5 years, Qiniu's highest Days Payable was 86.71. The lowest was 46.00. And the median was 65.47.
HKSE:02567's Days Payable is ranked better than 60.88% of 2610
companies
in the Software industry
Industry Median: 52.785
vs HKSE:02567: 75.91
Qiniu's Days Payable
declined
from Dec. 2024 (95.46) to Dec. 2025 (70.44).
It may suggest that Qiniuaccelerated paying its suppliers.
Qiniu Days Payable Related Terms
Qiniu Days Payable Historical Data
* Premium members only.
The historical data trend for Qiniu'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.
HKSE:02567 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Qiniu'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.
Qiniu Days Payable vs Software Industry
For the Software industry and Technology sector, Qiniu's Days Payable distribution charts can be found below:
* The bar in red indicates where Qiniu'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.
Qiniu'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.
Qiniu (HKSE:02567) has a Days Payable of 70.44 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 Qiniu and its competitors. This is near median its historical median of 65.47. Over the past decade, Qiniu's Days Payable has ranged from 46.00 to 86.71. According to the industry distribution chart, Qiniu ranks #1021 out of 2610 companies in the Software industry, placing it in the top 39.1%.
Is Qiniu's Days Payable too high?
Qiniu's current Days Payable of 70.44 is near median its 10-year median of 65.47. Over the past 10 years, this metric has ranged from a low of 46.00 to a high of 86.71. The Software industry median Days Payable is 52.79. Qiniu's value of 70.44 is 33.4% above this industry median. Based on the distribution chart, Qiniu ranks #1021 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, Qiniu has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Qiniu's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Qiniu ranks #1021 out of 2610 companies for Days Payable. This puts Qiniu in the upper half of its industry. The industry median Days Payable is 52.79. Qiniu's value of 70.44 is 33.4% above this benchmark. Historically, Qiniu's own Days Payable has ranged from 46.00 to 86.71 over the past decade. While the company's 10-year median is 65.47 vs. the industry median of 52.79, Qiniu 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 52.79, 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. Qiniu's current Days Payable of 70.44 is 33.4% 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 Qiniu and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qiniu's current Days Payable is 70.44, which is near median its own 10-year median of 65.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qiniu stock overvalued right now?
Qiniu (HKSE:02567) has a current Days Payable of 70.44. The current Days Payable is 70.44, which is near median its 10-year median of 65.47 and 33.4% above the Software industry median of 52.79. Qiniu's overall GF Score™ is 7/100 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 Qiniu (HKSE:02567), the current Days Payable is 70.44 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.
Qiniu Ltd is mainly engaged in providing MPaaS products, APaaS solutions, DPaaS solutions, and other cloud services. Its MPaaS offers interactive live streaming, media data analytics, content delivery network, and object storage solutions. Its APaaS provides scenario based audiovisual solutions using low code capabilities by integrating image processing, live streaming, interaction, scene analysis, and storage services. Its DPaaS delivers data analytics solutions that enable enterprises to develop, run, and manage applications without maintaining infrastructure. Other cloud services mainly include cloud virtual machines, offering integrated solutions such as cloud servers, databases, network, security, and storage.
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