Shanghai Zhida Technology Development Co (HKSE:02650) Days Payable: 192.16 (As of Dec. 2025) — 15% Below Median

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HKSE:02650 Shanghai Zhida Technology Development Co Ltd HKSE:02650
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What is Shanghai Zhida Technology Development Co Days Payable?

Shanghai Zhida Technology Development Co HKSE:02650 -3.39% 7 Days Payable is 192.16 as of Dec. 2025, which is 15% below its 10-year median of 225.85. GuruFocus rates HKSE:02650 with a GF Score™ of 7/100. The stock has 3 warning signs investors should review. Among 2,441 Hardware companies, Shanghai Zhida Technology Development Co ranks better than 88.98% on this metric.

Shanghai Zhida Technology Development Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$353.4 Mil. Shanghai Zhida Technology Development Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$671.2 Mil. Hence, Shanghai Zhida Technology Development Co's Days Payable for the six months ended in Dec. 2025 was 96.08.

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

HKSE:02650' s Days Payable Range Over the Past 10 Years
Min: 192.16   Med: 225.85   Max: 231.33
Current: 192.16

During the past 4 years, Shanghai Zhida Technology Development Co's highest Days Payable was 231.33. The lowest was 192.16. And the median was 225.85.

HKSE:02650's Days Payable is ranked better than
88.98% of 2441 companies
in the Hardware industry
Industry Median: 69.55 vs HKSE:02650: 192.16

Shanghai Zhida Technology Development Co's Days Payable declined from Dec. 2023 (224.41) to Dec. 2025 (192.16). It may suggest that Shanghai Zhida Technology Development Co accelerated paying its suppliers.


Shanghai Zhida Technology Development Co Days Payable Related Terms


Shanghai Zhida Technology Development Co Days Payable Historical Data

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The historical data trend for Shanghai Zhida Technology Development 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.

Shanghai Zhida Technology Development Co Days Payable Chart

Shanghai Zhida Technology Development Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
231.33 224.41 227.28 192.16

Shanghai Zhida Technology Development Co Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Payable 231.33 224.41 227.28 192.16

HKSE:02650 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Shanghai Zhida Technology Development 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.


Shanghai Zhida Technology Development Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Shanghai Zhida Technology Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Zhida Technology Development Co's Days Payable falls into.


HKSE:02650
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Shanghai Zhida Technology Development Co Ltd HKSE:02650
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Shanghai Zhida Technology Development 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.

Shanghai Zhida Technology Development 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
=( (346.909 + 359.855) / 2 ) / 671.23*365
=353.382 / 671.23*365
=192.16

Shanghai Zhida Technology Development 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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (346.909 + 359.855) / 2 ) / 671.23*365 / 2
=353.382 / 671.23*365 / 2
=96.08

* 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 192.16 mean?
Shanghai Zhida Technology Development Co (HKSE:02650) has a Days Payable of 192.16 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 Shanghai Zhida Technology Development Co and its competitors. This is 15% below median its historical median of 225.85. Over the past decade, Shanghai Zhida Technology Development Co's Days Payable has ranged from 192.16 to 231.33. According to the industry distribution chart, Shanghai Zhida Technology Development Co ranks #269 out of 2441 companies in the Hardware industry, placing it in the top 11%.
Is Shanghai Zhida Technology Development Co's Days Payable too high?
Shanghai Zhida Technology Development Co's current Days Payable of 192.16 is 15% below median its 10-year median of 225.85. Over the past 10 years, this metric has ranged from a low of 192.16 to a high of 231.33. The Hardware industry median Days Payable is 69.55. Shanghai Zhida Technology Development Co's value of 192.16 is 176.3% above this industry median. Based on the distribution chart, Shanghai Zhida Technology Development Co ranks #269 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Zhida Technology Development Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhida Technology Development Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shanghai Zhida Technology Development Co ranks #269 out of 2441 companies for Days Payable. This places Shanghai Zhida Technology Development Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.55. Shanghai Zhida Technology Development Co's value of 192.16 is 176.3% above this benchmark. Historically, Shanghai Zhida Technology Development Co's own Days Payable has ranged from 192.16 to 231.33 over the past decade. While the company's 10-year median is 225.85 vs. the industry median of 69.55, Shanghai Zhida Technology Development 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 Hardware company?
The median Days Payable among Hardware companies is 69.55, based on 2,441 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. Shanghai Zhida Technology Development Co's current Days Payable of 192.16 is 176.3% 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 Shanghai Zhida Technology Development Co and its competitors. For the Hardware industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhida Technology Development Co's current Days Payable is 192.16, which is 15% below median its own 10-year median of 225.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhida Technology Development Co stock overvalued right now?
Shanghai Zhida Technology Development Co (HKSE:02650) has a current Days Payable of 192.16. The current Days Payable is 192.16, which is 15% below median its 10-year median of 225.85 and 176.3% above the Hardware industry median of 69.55. Shanghai Zhida Technology Development Co's overall GF Score™ is 7/100 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 Shanghai Zhida Technology Development Co (HKSE:02650), the current Days Payable is 192.16 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.

Shanghai Zhida Technology Development Co Business Description

Address Room 1001-1, No. 127, Guotong Road, Yangpu District, Shanghai, CHN
Shanghai Zhida Technology Development Co Ltd is engaged in providing new energy vehicle home smart charging and green digital energy. The Group is engaged in the provision of the following goods and services: Production, research and development and sales of EV chargers and related parts; and EV chargers installation services, after-sales services and others. Geographically, company operates in China and Overseas.
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