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Chenqi TechnologyHKSE:09680 11 Days Payable is 7.51 as of Dec. 2025, which is 35% below its 10-year median of 11.47. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 949 Business Services companies, Chenqi Technology ranks worse than 88.72% on this metric.
The historical rank and industry rank for Chenqi Technology's Days Payable or its related term are showing as below:
HKSE:09680'
s Days Payable Range Over the Past 10 Years
Min: 8.21 Med: 11.47 Max: 15.32
Current: 8.21
During the past 5 years, Chenqi Technology's highest Days Payable was 15.32. The lowest was 8.21. And the median was 11.47.
HKSE:09680's Days Payable is ranked worse than 88.72% of 949
companies
in the Business Services industry
Industry Median: 45.81
vs HKSE:09680: 8.21
Chenqi Technology's Days Payable
declined
from Dec. 2024 (10.63) to Dec. 2025 (7.51).
It may suggest that Chenqi Technologyaccelerated paying its suppliers.
The historical data trend for Chenqi Technology'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.
HKSE:09680 vs URI, SUNB, AER: Days Payable Comparison
For the Rental & Leasing Services subindustry, Chenqi Technology'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.
Chenqi Technology Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Chenqi Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Chenqi Technology's Days Payable falls into.
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.
Chenqi Technology's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Chenqi Technology (HKSE:09680) has a Days Payable of 7.51 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 Chenqi Technology and its competitors. This is 35% below median its historical median of 11.47. Over the past decade, Chenqi Technology's Days Payable has ranged from 8.21 to 15.32. According to the industry distribution chart, Chenqi Technology ranks #842 out of 949 companies in the Business Services industry, placing it in the top 88.7%.
Is Chenqi Technology's Days Payable too high?
Chenqi Technology's current Days Payable of 7.51 is 35% below median its 10-year median of 11.47. Over the past 10 years, this metric has ranged from a low of 8.21 to a high of 15.32. The Business Services industry median Days Payable is 45.81. Chenqi Technology's value of 7.51 is 83.6% below this industry median. Based on the distribution chart, Chenqi Technology ranks #842 out of 949 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #842 out of 949 companies for Days Payable. This places Chenqi Technology in the lower half of its industry. The industry median Days Payable is 45.81. Chenqi Technology's value of 7.51 is 83.6% below this benchmark. Historically, Chenqi Technology's own Days Payable has ranged from 8.21 to 15.32 over the past decade. While the company's 10-year median is 11.47 vs. the industry median of 45.81, Chenqi Technology 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 Business Services company?
The median Days Payable among Business Services companies is 45.81, based on 949 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. Chenqi Technology's current Days Payable of 7.51 is 83.6% 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 Chenqi Technology and its competitors. For the Business Services industry, the median Days Payable is 45.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current Days Payable is 7.51, which is 35% below median its own 10-year median of 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Days Payable of 7.51. The current Days Payable is 7.51, which is 35% below median its 10-year median of 11.47 and 83.6% below the Business Services industry median of 45.81. Chenqi Technology's overall GF Score™ is 11/100 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 Chenqi Technology (HKSE:09680), the current Days Payable is 7.51 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.
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
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