Mininglamp Technology (HKSE:02718) Days Payable: 121.19 (As of Dec. 2025) — Near Median

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HKSE:02718 Mininglamp Technology HKSE:02718
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Price HK$41.98
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What is Mininglamp Technology Days Payable?

Mininglamp Technology HKSE:02718 +15.97% 12 Days Payable is 121.19 as of Dec. 2025, which is 5% below its 10-year median of 127.48. GuruFocus rates HKSE:02718 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,608 Software companies, Mininglamp Technology ranks better than 74.35% on this metric.

Mininglamp Technology's average Accounts Payable for the six months ended in Dec. 2025 was HK$259 Mil. Mininglamp Technology's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$389 Mil. Hence, Mininglamp Technology's Days Payable for the six months ended in Dec. 2025 was 121.19.

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

HKSE:02718' s Days Payable Range Over the Past 10 Years
Min: 119.15   Med: 127.48   Max: 152.56
Current: 125.94

During the past 4 years, Mininglamp Technology's highest Days Payable was 152.56. The lowest was 119.15. And the median was 127.48.

HKSE:02718's Days Payable is ranked better than
74.35% of 2608 companies
in the Software industry
Industry Median: 51.815 vs HKSE:02718: 125.94

Mininglamp Technology's Days Payable increased from Dec. 2024 (90.73) to Dec. 2025 (121.19). It may suggest that Mininglamp Technology delayed paying its suppliers.


Mininglamp Technology Days Payable Historical Data

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The historical data trend for Mininglamp Technology'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.

Mininglamp Technology Days Payable Chart

Mininglamp Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
152.56 122.69 119.15 132.27

Mininglamp Technology Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 157.53 90.73 124.04 121.19

HKSE:02718 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Mininglamp Technology'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.


Mininglamp Technology Days Payable vs Software Industry

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

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


HKSE:02718
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Mininglamp Technology HKSE:02718
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Mininglamp Technology 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.

Mininglamp Technology'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
=( (206.86 + 302.498) / 2 ) / 702.775*365
=254.679 / 702.775*365
=132.27

Mininglamp Technology'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
=( (214.647 + 302.498) / 2 ) / 389.39*365 / 2
=258.5725 / 389.39*365 / 2
=121.19

* 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 121.19 mean?
Mininglamp Technology (HKSE:02718) has a Days Payable of 121.19 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 Mininglamp Technology and its competitors. This is near median its historical median of 127.48. Over the past decade, Mininglamp Technology's Days Payable has ranged from 119.15 to 152.56. According to the industry distribution chart, Mininglamp Technology ranks #669 out of 2608 companies in the Software industry, placing it in the top 25.7%.
Is Mininglamp Technology's Days Payable too high?
Mininglamp Technology's current Days Payable of 121.19 is near median its 10-year median of 127.48. Over the past 10 years, this metric has ranged from a low of 119.15 to a high of 152.56. The Software industry median Days Payable is 51.82. Mininglamp Technology's value of 121.19 is 133.9% above this industry median. Based on the distribution chart, Mininglamp Technology ranks #669 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Mininglamp Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mininglamp Technology's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Mininglamp Technology ranks #669 out of 2608 companies for Days Payable. This puts Mininglamp Technology in the upper half of its industry. The industry median Days Payable is 51.82. Mininglamp Technology's value of 121.19 is 133.9% above this benchmark. Historically, Mininglamp Technology's own Days Payable has ranged from 119.15 to 152.56 over the past decade. While the company's 10-year median is 127.48 vs. the industry median of 51.82, Mininglamp Technology 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 51.82, based on 2,608 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. Mininglamp Technology's current Days Payable of 121.19 is 133.9% 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 Mininglamp Technology and its competitors. For the Software industry, the median Days Payable is 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mininglamp Technology's current Days Payable is 121.19, which is near median its own 10-year median of 127.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mininglamp Technology stock overvalued right now?
Mininglamp Technology (HKSE:02718) has a current Days Payable of 121.19. The current Days Payable is 121.19, which is near median its 10-year median of 127.48 and 133.9% above the Software industry median of 51.82. Mininglamp Technology's overall GF Score™ is 12/100 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 Mininglamp Technology (HKSE:02718), the current Days Payable is 121.19 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.

Mininglamp Technology Business Description

Address No. 222, West Section 3, Waihuan Road, Room 807, 8th Floor, Building 1, Yanjiang District, Sichuan Province, Ziyang, CHN
Mininglamp Technology is a data intelligence application software company in China. The company offers data intelligence products and solutions, covering marketing and operational intelligence and encompassing online and offline scenarios. The company is dedicated to transforming enterprise's marketing and operational design and decision-making processes leveraging large models, industry-specific knowledge, and multimodal data. It has served Fortune companies, with clients spanning retail, consumer goods, food and beverage, automotive, 3C, beauty products, mother and baby products and other industries.
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