Shanghai Able Digital Science & Tech Co (HKSE:02687) Days Payable: 8.78 (As of Dec. 2025) — 73% Below Median

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HKSE:02687 Shanghai Able Digital Science & Tech Co Ltd HKSE:02687
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Price HK$314.80
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What is Shanghai Able Digital Science & Tech Co Days Payable?

Shanghai Able Digital Science & Tech Co HKSE:02687 +0.96% 20 Days Payable is 8.78 as of Dec. 2025, which is 73% below its 10-year median of 32.73. GuruFocus rates HKSE:02687 with a GF Score™ of 20/100. The stock has 9 warning signs investors should review. Among 2,611 Software companies, Shanghai Able Digital Science & Tech Co ranks worse than 90.46% on this metric.

Shanghai Able Digital Science & Tech Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$10 Mil. Shanghai Able Digital Science & Tech Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$208 Mil. Hence, Shanghai Able Digital Science & Tech Co's Days Payable for the six months ended in Dec. 2025 was 8.78.

The historical rank and industry rank for Shanghai Able Digital Science & Tech Co's Days Payable or its related term are showing as below:

HKSE:02687' s Days Payable Range Over the Past 10 Years
Min: 10.53   Med: 32.73   Max: 60.09
Current: 10.53

During the past 4 years, Shanghai Able Digital Science & Tech Co's highest Days Payable was 60.09. The lowest was 10.53. And the median was 32.73.

HKSE:02687's Days Payable is ranked worse than
90.46% of 2611 companies
in the Software industry
Industry Median: 51.72 vs HKSE:02687: 10.53

Shanghai Able Digital Science & Tech Co's Days Payable declined from Dec. 2024 (10.48) to Dec. 2025 (8.78). It may suggest that Shanghai Able Digital Science & Tech Co accelerated paying its suppliers.


Shanghai Able Digital Science & Tech Co Days Payable Related Terms


Shanghai Able Digital Science & Tech Co Days Payable Historical Data

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The historical data trend for Shanghai Able Digital Science & Tech 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 Able Digital Science & Tech Co Days Payable Chart

Shanghai Able Digital Science & Tech Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
60.09 44.63 20.83 12.00

Shanghai Able Digital Science & Tech Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 35.91 10.48 11.08 8.78

HKSE:02687 vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Shanghai Able Digital Science & Tech 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 Able Digital Science & Tech Co Days Payable vs Software Industry

For the Software industry and Technology sector, Shanghai Able Digital Science & Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Able Digital Science & Tech Co's Days Payable falls into.


HKSE:02687
20GF Score
Shanghai Able Digital Science & Tech Co Ltd HKSE:02687
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Able Digital Science & Tech 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 Able Digital Science & Tech 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
=( (11.834 + 12.477) / 2 ) / 369.871*365
=12.1555 / 369.871*365
=12.00

Shanghai Able Digital Science & Tech 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
=( (7.566 + 12.477) / 2 ) / 208.335*365 / 2
=10.0215 / 208.335*365 / 2
=8.78

* 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 8.78 mean?
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a Days Payable of 8.78 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 Able Digital Science & Tech Co and its competitors. This is 73% below median its historical median of 32.73. Over the past decade, Shanghai Able Digital Science & Tech Co's Days Payable has ranged from 10.53 to 60.09. According to the industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #2362 out of 2611 companies in the Software industry, placing it in the top 90.5%.
Is Shanghai Able Digital Science & Tech Co's Days Payable too high?
Shanghai Able Digital Science & Tech Co's current Days Payable of 8.78 is 73% below median its 10-year median of 32.73. Over the past 10 years, this metric has ranged from a low of 10.53 to a high of 60.09. The Software industry median Days Payable is 51.72. Shanghai Able Digital Science & Tech Co's value of 8.78 is 83% below this industry median. Based on the distribution chart, Shanghai Able Digital Science & Tech Co ranks #2362 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Shanghai Able Digital Science & Tech Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Able Digital Science & Tech Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #2362 out of 2611 companies for Days Payable. This places Shanghai Able Digital Science & Tech Co in the lower half of its industry. The industry median Days Payable is 51.72. Shanghai Able Digital Science & Tech Co's value of 8.78 is 83% below this benchmark. Historically, Shanghai Able Digital Science & Tech Co's own Days Payable has ranged from 10.53 to 60.09 over the past decade. While the company's 10-year median is 32.73 vs. the industry median of 51.72, Shanghai Able Digital Science & Tech 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 51.72, 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. Shanghai Able Digital Science & Tech Co's current Days Payable of 8.78 is 83% 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 Shanghai Able Digital Science & Tech Co and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Able Digital Science & Tech Co's current Days Payable is 8.78, which is 73% below median its own 10-year median of 32.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Able Digital Science & Tech Co stock overvalued right now?
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a current Days Payable of 8.78. The current Days Payable is 8.78, which is 73% below median its 10-year median of 32.73 and 83% below the Software industry median of 51.72. Shanghai Able Digital Science & Tech Co's overall GF Score™ is 20/100 with 9 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 Able Digital Science & Tech Co (HKSE:02687), the current Days Payable is 8.78 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 Able Digital Science & Tech Co Business Description

Address Qinzhou North Road, No. 1188, Rooms 901 - 904, Building 1, Xuhui District, Shanghai, CHN
Shanghai Able Digital Science & Tech Co Ltd provides digital solutions for higher education in China. The company develops and operates digital educational content and related teaching and learning products for higher education institutions. Its products and services cover areas including teaching, learning, practice, testing, evaluation, and management. The company's business operations are divided into two categories based on its offerings: digital educational content services and products; and digital teaching and learning environment services and products in the PRC. It generates the majority of its revenue from digital educational content services and products.
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HK$314.80
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