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* 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.
China Information Technology Development Days Payable Chart
China Information Technology Development Annual Data
HKSE:08178 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, China Information Technology Development'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.
China Information Technology Development Days Payable vs Software Industry
China Information Technology Development 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.
China Information Technology Development (HKSE:08178) has a Days Payable of 67.87 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 China Information Technology Development and its competitors. This is near median its historical median of 70.46. Over the past decade, China Information Technology Development's Days Payable has ranged from 45.95 to 216.37. According to the industry distribution chart, China Information Technology Development ranks #1175 out of 2610 companies in the Software industry, placing it in the top 45%.
Is China Information Technology Development's Days Payable too high?
China Information Technology Development's current Days Payable of 67.87 is near median its 10-year median of 70.46. Over the past 10 years, this metric has ranged from a low of 45.95 to a high of 216.37. The Software industry median Days Payable is 52.71. China Information Technology Development's value of 67.87 is 28.8% above this industry median. Based on the distribution chart, China Information Technology Development ranks #1175 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, China Information Technology Development has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Information Technology Development's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, China Information Technology Development ranks #1175 out of 2610 companies for Days Payable. This puts China Information Technology Development in the upper half of its industry. The industry median Days Payable is 52.71. China Information Technology Development's value of 67.87 is 28.8% above this benchmark. Historically, China Information Technology Development's own Days Payable has ranged from 45.95 to 216.37 over the past decade. While the company's 10-year median is 70.46 vs. the industry median of 52.71, China Information Technology Development 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 52.71, 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. China Information Technology Development's current Days Payable of 67.87 is 28.8% 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 China Information Technology Development and its competitors. For the Software industry, the median Days Payable is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Information Technology Development's current Days Payable is 67.87, which is near median its own 10-year median of 70.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Information Technology Development stock overvalued right now?
Based on GuruFocus' analysis, China Information Technology Development (HKSE:08178) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.18 — trading 74.6% below its estimated fair value. The current Days Payable is 67.87, which is near median its 10-year median of 70.46 and 28.8% above the Software industry median of 52.71. China Information Technology Development's overall GF Score™ is 29/100 with 6 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 China Information Technology Development (HKSE:08178), the current Days Payable is 67.87 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.
Is China Information Technology Development (HKSE:08178) Overvalued in 2026?
Based on GuruFocus' analysis, China Information Technology Development stock appears to be undervalued.
The current stock price of HK$0.18 is trading 74.6% below its estimated GF Value™ of HK$0.70.
GuruFocus considers China Information Technology Development to be Possible Value Trap.
Key valuation signals for HKSE:08178:
Days Payable: 67.87 (near median its 10-year median of 70.46)
GF Value™: HK$0.70 vs. price of HK$0.18 (74.6% below fair value)
Industry Position: 28.8% above the Software median (#1175 of 2610)
No single metric tells the full story. See the HKSE:08178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Information Technology Development Ltd is an investment holding company. The company and its subsidiaries are principally engaged in provision of system integration and related support services, provision of IT infrastructure solutions and maintenance services, rental of properties and securities trading. It operates in three reportable segments: i) provision of IT infrastructure solutions and maintenance services (IT solutions and maintenance); ii) securities investments; and iii) rental of properties. It generates the majority of revenue from the IT solutions and maintenance segment. Geographically, the maximum revenue is generated from Hong Kong and the rest from the PRC except Hong Kong.
29GF Score
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