Shenzhen Xunce Technology Co (HKSE:03317) Days Payable: 92.67 (As of Dec. 2025) — 22% Below Median

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HKSE:03317 Shenzhen Xunce Technology Co Ltd HKSE:03317
11 GF Score
Price HK$145.60
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What is Shenzhen Xunce Technology Co Days Payable?

Shenzhen Xunce Technology Co HKSE:03317 +5.51% 11 Days Payable is 92.67 as of Dec. 2025, which is 22% below its 10-year median of 118.18. GuruFocus rates HKSE:03317 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,611 Software companies, Shenzhen Xunce Technology Co ranks better than 72.04% on this metric.

Shenzhen Xunce Technology Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$239 Mil. Shenzhen Xunce Technology Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$471 Mil. Hence, Shenzhen Xunce Technology Co's Days Payable for the six months ended in Dec. 2025 was 92.67.

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

HKSE:03317' s Days Payable Range Over the Past 10 Years
Min: 107.09   Med: 118.18   Max: 150.89
Current: 113.65

During the past 4 years, Shenzhen Xunce Technology Co's highest Days Payable was 150.89. The lowest was 107.09. And the median was 118.18.

HKSE:03317's Days Payable is ranked better than
72.04% of 2611 companies
in the Software industry
Industry Median: 51.77 vs HKSE:03317: 113.65

Shenzhen Xunce Technology Co's Days Payable increased from Dec. 2024 (53.36) to Dec. 2025 (92.67). It may suggest that Shenzhen Xunce Technology Co delayed paying its suppliers.


Shenzhen Xunce Technology Co Days Payable Historical Data

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The historical data trend for Shenzhen Xunce 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 Xunce Technology Co Days Payable Chart

Shenzhen Xunce Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
107.09 127.87 108.49 150.89

Shenzhen Xunce Technology Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 200.70 53.36 109.66 92.67

HKSE:03317 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Shenzhen Xunce 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 Xunce Technology Co Days Payable vs Software Industry

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

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


HKSE:03317
11GF Score
Shenzhen Xunce Technology Co Ltd HKSE:03317
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Xunce 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 Xunce 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
=( (28.977 + 420.929) / 2 ) / 544.16*365
=224.953 / 544.16*365
=150.89

Shenzhen Xunce Technology 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
=( (57.672 + 420.929) / 2 ) / 471.289*365 / 2
=239.3005 / 471.289*365 / 2
=92.67

* 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 92.67 mean?
Shenzhen Xunce Technology Co (HKSE:03317) has a Days Payable of 92.67 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 Shenzhen Xunce Technology Co and its competitors. This is 22% below median its historical median of 118.18. Over the past decade, Shenzhen Xunce Technology Co's Days Payable has ranged from 107.09 to 150.89. According to the industry distribution chart, Shenzhen Xunce Technology Co ranks #730 out of 2611 companies in the Software industry, placing it in the top 28%.
Is Shenzhen Xunce Technology Co's Days Payable too high?
Shenzhen Xunce Technology Co's current Days Payable of 92.67 is 22% below median its 10-year median of 118.18. Over the past 10 years, this metric has ranged from a low of 107.09 to a high of 150.89. The Software industry median Days Payable is 51.77. Shenzhen Xunce Technology Co's value of 92.67 is 79% above this industry median. Based on the distribution chart, Shenzhen Xunce Technology Co ranks #730 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, Shenzhen Xunce Technology Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Xunce Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Shenzhen Xunce Technology Co ranks #730 out of 2611 companies for Days Payable. This puts Shenzhen Xunce Technology Co in the upper half of its industry. The industry median Days Payable is 51.77. Shenzhen Xunce Technology Co's value of 92.67 is 79% above this benchmark. Historically, Shenzhen Xunce Technology Co's own Days Payable has ranged from 107.09 to 150.89 over the past decade. While the company's 10-year median is 118.18 vs. the industry median of 51.77, Shenzhen Xunce 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 a Software company?
The median Days Payable among Software companies is 51.77, 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. Shenzhen Xunce Technology Co's current Days Payable of 92.67 is 79% 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 Xunce Technology Co 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. Shenzhen Xunce Technology Co's current Days Payable is 92.67, which is 22% below median its own 10-year median of 118.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Xunce Technology Co stock overvalued right now?
Shenzhen Xunce Technology Co (HKSE:03317) has a current Days Payable of 92.67. The current Days Payable is 92.67, which is 22% below median its 10-year median of 118.18 and 79% above the Software industry median of 51.77. Shenzhen Xunce Technology Co's overall GF Score™ is 11/100 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 Shenzhen Xunce Technology Co (HKSE:03317), the current Days Payable is 92.67 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.

Shenzhen Xunce Technology Co Business Description

Other Exchanges LV3:Germany
Address No. 3156 Keyuan South Road, Yuehai Street, 66th Floor, Tower A, Building 2, Shenzhen Bay, Innovation Technology Center, Gaoxin Community, Nanshan District, Guangdong Province, Shenzhen, CHN
Shenzhen Xunce Technology Co Ltd is a real-time data infrastructure and analytics solutions provider in China. The Company, with its core AI Data Agent, continuously strengthened its millisecond-level real-time data processing capabilities and built a full-chain technical system covering data acquisition, cleansing, standardisation, real-time computation, and large model fine-tuning. The Group provides solutions encompassing data infrastructure and data analytics to customers across various industries, achieving seamless deployment within clients' self-managed clouds and on-premises systems. The Group is organized into one single business unit that is the provision of transactionbased specialist technology products and subscription-based specialist technology products.
11GF Score

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HK$145.60
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