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What is Pateo Connect Technology (Shanghai) Days Payable?
Pateo Connect Technology (Shanghai)HKSE:02889 +2.83%8 Days Payable is 89.00 as of Dec. 2025, which is 28% below its 10-year median of 123.90. GuruFocus rates HKSE:02889 with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 2,610 Software companies, Pateo Connect Technology (Shanghai) ranks better than 66.25% on this metric.
* 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.
Pateo Connect Technology (Shanghai) Days Payable Chart
Pateo Connect Technology (Shanghai) Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Days Payable
155.89
150.42
97.37
89.00
Pateo Connect Technology (Shanghai) Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Days Payable
155.89
150.42
97.37
89.00
HKSE:02889 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Pateo Connect Technology (Shanghai)'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.
Pateo Connect Technology (Shanghai) Days Payable vs Software Industry
Pateo Connect Technology (Shanghai) 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.
* 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.
Pateo Connect Technology (Shanghai) (HKSE:02889) has a Days Payable of 89.00 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 Pateo Connect Technology (Shanghai) and its competitors. This is 28% below median its historical median of 123.90. Over the past decade, Pateo Connect Technology (Shanghai)'s Days Payable has ranged from 89.00 to 155.89. According to the industry distribution chart, Pateo Connect Technology (Shanghai) ranks #881 out of 2610 companies in the Software industry, placing it in the top 33.8%.
Is Pateo Connect Technology (Shanghai)'s Days Payable too high?
Pateo Connect Technology (Shanghai)'s current Days Payable of 89.00 is 28% below median its 10-year median of 123.90. Over the past 10 years, this metric has ranged from a low of 89.00 to a high of 155.89. The Software industry median Days Payable is 51.77. Pateo Connect Technology (Shanghai)'s value of 89.00 is 71.9% above this industry median. Based on the distribution chart, Pateo Connect Technology (Shanghai) ranks #881 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, Pateo Connect Technology (Shanghai) has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Pateo Connect Technology (Shanghai)'s Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Pateo Connect Technology (Shanghai) ranks #881 out of 2610 companies for Days Payable. This puts Pateo Connect Technology (Shanghai) in the upper half of its industry. The industry median Days Payable is 51.77. Pateo Connect Technology (Shanghai)'s value of 89.00 is 71.9% above this benchmark. Historically, Pateo Connect Technology (Shanghai)'s own Days Payable has ranged from 89.00 to 155.89 over the past decade. While the company's 10-year median is 123.90 vs. the industry median of 51.77, Pateo Connect Technology (Shanghai) 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 51.77, 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. Pateo Connect Technology (Shanghai)'s current Days Payable of 89.00 is 71.9% 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 Pateo Connect Technology (Shanghai) and its competitors. For the Software industry, the median Days Payable is 51.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pateo Connect Technology (Shanghai)'s current Days Payable is 89.00, which is 28% below median its own 10-year median of 123.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pateo Connect Technology (Shanghai) stock overvalued right now?
Pateo Connect Technology (Shanghai) (HKSE:02889) has a current Days Payable of 89.00. The current Days Payable is 89.00, which is 28% below median its 10-year median of 123.90 and 71.9% above the Software industry median of 51.77. Pateo Connect Technology (Shanghai)'s overall GF Score™ is 8/100 with 2 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 Pateo Connect Technology (Shanghai) (HKSE:02889), the current Days Payable is 89.00 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.
Pateo Connect Technology (Shanghai) Corp is a smart cockpit solution provider in China. The company is a integrated IoV service provider offering active safety systems, automotive electronics, low-level automotive software, intelligent operating system (OS), application software, domestic & international Internet automobile ecosystem, mobile phone connectivity, communications operation, TSP platform development & operation services, cloud computing, big data, content services integration & operation, map engine software & cloud architecture, embedded voice & cloud platform solutions, to AI (Artificial Intelligence). Its segments include Smart cockpit solutions, Vehicle connectivity support services, and Others.
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