Lianlian DigiTech Co (HKSE:02598) Days Payable: 38.79 (As of Dec. 2025) — Near 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:02598 Lianlian DigiTech Co Ltd HKSE:02598
39 GF Score
Price HK$4.16
! 3 Warning Signs
View Full Analysis

What is Lianlian DigiTech Co Days Payable?

Lianlian DigiTech Co HKSE:02598 +2.72% 39 Days Payable is 38.79 as of Dec. 2025, which is 8% below its 10-year median of 42.03. GuruFocus rates HKSE:02598 with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 2,611 Software companies, Lianlian DigiTech Co ranks worse than 59.56% on this metric.

Lianlian DigiTech Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$114 Mil. Lianlian DigiTech Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$535 Mil. Hence, Lianlian DigiTech Co's Days Payable for the six months ended in Dec. 2025 was 38.79.

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

HKSE:02598' s Days Payable Range Over the Past 10 Years
Min: 34.88   Med: 42.03   Max: 46.86
Current: 39.48

During the past 6 years, Lianlian DigiTech Co's highest Days Payable was 46.86. The lowest was 34.88. And the median was 42.03.

HKSE:02598's Days Payable is ranked worse than
59.56% of 2611 companies
in the Software industry
Industry Median: 52.78 vs HKSE:02598: 39.48

Lianlian DigiTech Co's Days Payable declined from Dec. 2024 (40.62) to Dec. 2025 (38.79). It may suggest that Lianlian DigiTech Co accelerated paying its suppliers.


Lianlian DigiTech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lianlian DigiTech 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.

Lianlian DigiTech Co Days Payable Chart

Lianlian DigiTech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 40.03 44.03 46.86 44.03 39.42

Lianlian DigiTech Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 49.45 47.80 40.62 40.24 38.79

HKSE:02598 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Lianlian DigiTech 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.


Lianlian DigiTech Co Days Payable vs Software Industry

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

* The bar in red indicates where Lianlian DigiTech Co's Days Payable falls into.


HKSE:02598
39GF Score
Lianlian DigiTech Co Ltd HKSE:02598
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lianlian DigiTech 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.

Lianlian DigiTech 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
=( (79.766 + 125.537) / 2 ) / 950.451*365
=102.6515 / 950.451*365
=39.42

Lianlian DigiTech Co'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
=( (101.693 + 125.537) / 2 ) / 534.523*365 / 2
=113.615 / 534.523*365 / 2
=38.79

* 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 38.79 mean?
Lianlian DigiTech Co (HKSE:02598) has a Days Payable of 38.79 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 Lianlian DigiTech Co and its competitors. This is near median its historical median of 42.03. Over the past decade, Lianlian DigiTech Co's Days Payable has ranged from 34.88 to 46.86. According to the industry distribution chart, Lianlian DigiTech Co ranks #1555 out of 2611 companies in the Software industry, placing it in the top 59.6%.
Is Lianlian DigiTech Co's Days Payable too high?
Lianlian DigiTech Co's current Days Payable of 38.79 is near median its 10-year median of 42.03. Over the past 10 years, this metric has ranged from a low of 34.88 to a high of 46.86. The Software industry median Days Payable is 52.78. Lianlian DigiTech Co's value of 38.79 is 26.5% below this industry median. Based on the distribution chart, Lianlian DigiTech Co ranks #1555 out of 2611 companies in the Software industry, which is below the industry midpoint. Overall, Lianlian DigiTech Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Lianlian DigiTech Co's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Lianlian DigiTech Co ranks #1555 out of 2611 companies for Days Payable. This places Lianlian DigiTech Co in the lower half of its industry. The industry median Days Payable is 52.78. Lianlian DigiTech Co's value of 38.79 is 26.5% below this benchmark. Historically, Lianlian DigiTech Co's own Days Payable has ranged from 34.88 to 46.86 over the past decade. While the company's 10-year median is 42.03 vs. the industry median of 52.78, Lianlian DigiTech Co 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 2,611 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. Lianlian DigiTech Co's current Days Payable of 38.79 is 26.5% 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 Lianlian DigiTech Co 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. Lianlian DigiTech Co's current Days Payable is 38.79, which is near median its own 10-year median of 42.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lianlian DigiTech Co stock overvalued right now?
Lianlian DigiTech Co (HKSE:02598) has a current Days Payable of 38.79. The current Days Payable is 38.79, which is near median its 10-year median of 42.03 and 26.5% below the Software industry median of 52.78. Lianlian DigiTech Co's overall GF Score™ is 39/100 with 3 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 Lianlian DigiTech Co (HKSE:02598), the current Days Payable is 38.79 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.

Lianlian DigiTech Co Business Description

Address 79 Yueda Lane, B3, 12th Floor, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN
Lianlian DigiTech Co Ltd and its subsidiaries are engaged in the provision of digital payment services and value-added services across the world. Digital payment services encompass international and domestic payments and include various products such as pay-in, payout, acquiring, foreign exchange, virtual bank card, and payment aggregation services. By integrating AI-driven intelligence across its end-to-end service chain, the Group works to optimize transaction risk management and improve customer service. The Group's reportable segments are: Global payment, Domestic payment, Value-added services, and Others. Maximum revenue is derived from the Global payment segment, which helps merchants who sell their goods on e-commerce platforms globally and regionally to repatriate their funds.
39GF Score

Get the complete analysis for HKSE:02598

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

HK$4.16
Price