Shenzhen Han's CNC Technology Co (HKSE:03200) Days Payable: 164.21 (As of Jun. 2026) — 10% Above Median

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HKSE:03200 Shenzhen Han's CNC Technology Co Ltd HKSE:03200
66 GF Score
Price HK$100.80
GF Value HK$64.57
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shenzhen Han's CNC Technology Co Days Payable?

Shenzhen Han's CNC Technology Co HKSE:03200 -4.09% 66 Days Payable is 164.21 as of Jun. 2026, which is 10% above its 10-year median of 149.09. GuruFocus rates HKSE:03200 with a GF Score™ of 66/100 and a GF Value™ of HK$64.57 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Shenzhen Han's CNC Technology Co ranks better than 84.17% on this metric.

Shenzhen Han's CNC Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was HK$4,008 Mil. Shenzhen Han's CNC Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was HK$2,227 Mil. Hence, Shenzhen Han's CNC Technology Co's Days Payable for the three months ended in Jun. 2026 was 164.21.

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

HKSE:03200' s Days Payable Range Over the Past 10 Years
Min: 105.17   Med: 149.09   Max: 227.34
Current: 192.46

During the past 8 years, Shenzhen Han's CNC Technology Co's highest Days Payable was 227.34. The lowest was 105.17. And the median was 149.09.

HKSE:03200's Days Payable is ranked better than
84.17% of 3007 companies
in the Industrial Products industry
Industry Median: 78.42 vs HKSE:03200: 192.46

Shenzhen Han's CNC Technology Co's Days Payable declined from Jun. 2025 (169.11) to Jun. 2026 (164.21). It may suggest that Shenzhen Han's CNC Technology Co accelerated paying its suppliers.


Shenzhen Han's CNC Technology Co Days Payable Related Terms


Shenzhen Han's CNC Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Han's CNC Technology 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.

Shenzhen Han's CNC Technology Co Days Payable Chart

Shenzhen Han's CNC Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 109.55 179.15 229.85 155.05 201.72

Shenzhen Han's CNC Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.11 191.81 212.14 209.92 164.21

HKSE:03200 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen Han's CNC Technology 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.


Shenzhen Han's CNC Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Han's CNC Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Han's CNC Technology Co's Days Payable falls into.


HKSE:03200
66GF Score
Shenzhen Han's CNC Technology Co Ltd HKSE:03200
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Han's CNC Technology 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.

Shenzhen Han's CNC Technology 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
=( (1469.129 + 3104.336) / 2 ) / 4137.755*365
=2286.7325 / 4137.755*365
=201.72

Shenzhen Han's CNC Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3727.78 + 4287.993) / 2 ) / 2227.15*365 / 4
=4007.8865 / 2227.15*365 / 4
=164.21

* 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 164.21 mean?
Shenzhen Han's CNC Technology Co (HKSE:03200) has a Days Payable of 164.21 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shenzhen Han's CNC Technology Co and its competitors. This is 10% above median its historical median of 149.09. Over the past decade, Shenzhen Han's CNC Technology Co's Days Payable has ranged from 105.17 to 227.34. According to the industry distribution chart, Shenzhen Han's CNC Technology Co ranks #476 out of 3007 companies in the Industrial Products industry, placing it in the top 15.8%.
Is Shenzhen Han's CNC Technology Co's Days Payable too high?
Shenzhen Han's CNC Technology Co's current Days Payable of 164.21 is 10% above median its 10-year median of 149.09. Over the past 10 years, this metric has ranged from a low of 105.17 to a high of 227.34. The Industrial Products industry median Days Payable is 78.42. Shenzhen Han's CNC Technology Co's value of 164.21 is 109.4% above this industry median. Based on the distribution chart, Shenzhen Han's CNC Technology Co ranks #476 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Han's CNC Technology Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Han's CNC Technology Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Han's CNC Technology Co ranks #476 out of 3007 companies for Days Payable. This places Shenzhen Han's CNC Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.42. Shenzhen Han's CNC Technology Co's value of 164.21 is 109.4% above this benchmark. Historically, Shenzhen Han's CNC Technology Co's own Days Payable has ranged from 105.17 to 227.34 over the past decade. While the company's 10-year median is 149.09 vs. the industry median of 78.42, Shenzhen Han's CNC Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.42, based on 3,007 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. Shenzhen Han's CNC Technology Co's current Days Payable of 164.21 is 109.4% 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 Shenzhen Han's CNC Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Han's CNC Technology Co's current Days Payable is 164.21, which is 10% above median its own 10-year median of 149.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Han's CNC Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Han's CNC Technology Co (HKSE:03200) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$64.57, compared to a current price of HK$100.80 — trading 56.1% above its estimated fair value. The current Days Payable is 164.21, which is 10% above median its 10-year median of 149.09 and 109.4% above the Industrial Products industry median of 78.42. Shenzhen Han's CNC Technology Co's overall GF Score™ is 66/100 with 5 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 Shenzhen Han's CNC Technology Co (HKSE:03200), the current Days Payable is 164.21 as of Jun. 2026. 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.

Is Shenzhen Han's CNC Technology Co (HKSE:03200) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Han's CNC Technology Co stock appears to be overvalued. The current stock price of HK$100.80 is trading 56.1% above its estimated GF Value™ of HK$64.57. GuruFocus considers Shenzhen Han's CNC Technology Co to be Modestly Overvalued.

Key valuation signals for HKSE:03200:

  • Days Payable: 164.21 (10% above median its 10-year median of 149.09)
  • GF Value™: HK$64.57 vs. price of HK$100.80 (56.1% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 109.4% above the Industrial Products median (#476 of 3007)

No single metric tells the full story. See the HKSE:03200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Han's CNC Technology Co Business Description

Other Exchanges 301200:China
Address 12 Chongqing Road, Fuhai Street, No. 101 of Building 3, 1-2 Floor, 4 Floor and 7 Floor, Building 3, and 1 Floor and 4 Floor of Building 4, Han’s Laser Intelligence Manufacturing Center, Shenzhen, CHN, 518103
Shenzhen Han's CNC Technology Co Ltd is engaged in the research and development, production and sales of PCB special equipment.
66GF Score

Get the complete analysis for HKSE:03200

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

HK$100.80
Price
HK$64.57
GF Value