GigaDevice Semiconductor (HKSE:03986) Days Payable: 48.50 (As of Jun. 2026) — Near Median

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HKSE:03986 GigaDevice Semiconductor Inc HKSE:03986
69 GF Score
Price HK$464.80
GF Value HK$366.05
Valuation Modestly Overvalued
! 5 Warning Signs
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What is GigaDevice Semiconductor Days Payable?

GigaDevice Semiconductor HKSE:03986 -0.43% 69 Days Payable is 48.50 as of Jun. 2026, which is 7% below its 10-year median of 52.04. GuruFocus rates HKSE:03986 with a GF Score™ of 69/100 and a GF Value™ of HK$366.05 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,004 Semiconductors companies, GigaDevice Semiconductor ranks worse than 53.88% on this metric.

GigaDevice Semiconductor's average Accounts Payable for the three months ended in Jun. 2026 was HK$1,516 Mil. GigaDevice Semiconductor's Cost of Goods Sold for the three months ended in Jun. 2026 was HK$2,853 Mil. Hence, GigaDevice Semiconductor's Days Payable for the three months ended in Jun. 2026 was 48.50.

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

HKSE:03986' s Days Payable Range Over the Past 10 Years
Min: 41.74   Med: 52.04   Max: 76.37
Current: 50.5

During the past 13 years, GigaDevice Semiconductor's highest Days Payable was 76.37. The lowest was 41.74. And the median was 52.04.

HKSE:03986's Days Payable is ranked worse than
53.88% of 1004 companies
in the Semiconductors industry
Industry Median: 54.815 vs HKSE:03986: 50.50

GigaDevice Semiconductor's Days Payable increased from Jun. 2025 (48.26) to Jun. 2026 (48.50). It may suggest that GigaDevice Semiconductor delayed paying its suppliers.


GigaDevice Semiconductor Days Payable Historical Data

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The historical data trend for GigaDevice Semiconductor'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.

GigaDevice Semiconductor Days Payable Chart

GigaDevice Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.20 49.58 47.88 49.93 50.48

GigaDevice Semiconductor 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 48.26 43.09 55.39 45.21 48.50

HKSE:03986 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, GigaDevice Semiconductor'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.


GigaDevice Semiconductor Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's Days Payable distribution charts can be found below:

* The bar in red indicates where GigaDevice Semiconductor's Days Payable falls into.


HKSE:03986
69GF Score
GigaDevice Semiconductor Inc HKSE:03986
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GigaDevice Semiconductor 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.

GigaDevice Semiconductor'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
=( (783.243 + 898.063) / 2 ) / 6078.397*365
=840.653 / 6078.397*365
=50.48

GigaDevice Semiconductor'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
=( (1125 + 1907.835) / 2 ) / 2853.146*365 / 4
=1516.4175 / 2853.146*365 / 4
=48.50

* 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 48.50 mean?
GigaDevice Semiconductor (HKSE:03986) has a Days Payable of 48.50 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 GigaDevice Semiconductor and its competitors. This is near median its historical median of 52.04. Over the past decade, GigaDevice Semiconductor's Days Payable has ranged from 41.74 to 76.37. According to the industry distribution chart, GigaDevice Semiconductor ranks #541 out of 1004 companies in the Semiconductors industry, placing it in the top 53.9%.
Is GigaDevice Semiconductor's Days Payable too high?
GigaDevice Semiconductor's current Days Payable of 48.50 is near median its 10-year median of 52.04. Over the past 10 years, this metric has ranged from a low of 41.74 to a high of 76.37. The Semiconductors industry median Days Payable is 54.82. GigaDevice Semiconductor's value of 48.50 is 11.5% below this industry median. Based on the distribution chart, GigaDevice Semiconductor ranks #541 out of 1004 companies in the Semiconductors industry, which is below the industry midpoint. Overall, GigaDevice Semiconductor has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #541 out of 1004 companies for Days Payable. This places GigaDevice Semiconductor in the lower half of its industry. The industry median Days Payable is 54.82. GigaDevice Semiconductor's value of 48.50 is 11.5% below this benchmark. Historically, GigaDevice Semiconductor's own Days Payable has ranged from 41.74 to 76.37 over the past decade. While the company's 10-year median is 52.04 vs. the industry median of 54.82, GigaDevice Semiconductor 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 54.82, based on 1,004 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. GigaDevice Semiconductor's current Days Payable of 48.50 is 11.5% 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 GigaDevice Semiconductor and its competitors. For the Semiconductors industry, the median Days Payable is 54.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GigaDevice Semiconductor's current Days Payable is 48.50, which is near median its own 10-year median of 52.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (HKSE:03986) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$366.05, compared to a current price of HK$464.80 — trading 27% above its estimated fair value. The current Days Payable is 48.50, which is near median its 10-year median of 52.04 and 11.5% below the Semiconductors industry median of 54.82. GigaDevice Semiconductor's overall GF Score™ is 69/100 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 GigaDevice Semiconductor (HKSE:03986), the current Days Payable is 48.50 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 GigaDevice Semiconductor (HKSE:03986) Overvalued in 2026?

Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued. The current stock price of HK$464.80 is trading 27% above its estimated GF Value™ of HK$366.05. GuruFocus considers GigaDevice Semiconductor to be Modestly Overvalued.

Key valuation signals for HKSE:03986:

  • Days Payable: 48.50 (near median its 10-year median of 52.04)
  • GF Value™: HK$366.05 vs. price of HK$464.80 (27% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 11.5% below the Semiconductors median (#541 of 1004)

No single metric tells the full story. See the HKSE:03986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GigaDevice Semiconductor Business Description

Other Exchanges 603986:China
Address No. 9, Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
69GF Score

Get the complete analysis for HKSE:03986

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

HK$464.80
Price
HK$366.05
GF Value