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Huitongda Network CoHKSE:09878 +0.24%76 Days Payable is 113.08 as of Dec. 2025, which is 55% above its 10-year median of 73.03. GuruFocus rates HKSE:09878 with a GF Score™ of 76/100 and a GF Value™ of HK$17.57 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,608 Software companies, Huitongda Network Co ranks better than 72.55% on this metric.
The historical rank and industry rank for Huitongda Network Co's Days Payable or its related term are showing as below:
HKSE:09878'
s Days Payable Range Over the Past 10 Years
Min: 68.18 Med: 73.03 Max: 115.74
Current: 115.74
During the past 8 years, Huitongda Network Co's highest Days Payable was 115.74. The lowest was 68.18. And the median was 73.03.
HKSE:09878's Days Payable is ranked better than 72.55% of 2608
companies
in the Software industry
Industry Median: 51.815
vs HKSE:09878: 115.74
Huitongda Network Co's Days Payable
increased
from Dec. 2024 (107.75) to Dec. 2025 (113.08).
It may suggest that Huitongda Network Codelayed paying its suppliers.
The historical data trend for Huitongda Network 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.
HKSE:09878 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Huitongda Network 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.
Huitongda Network Co Days Payable vs Software Industry
For the Software industry and Technology sector, Huitongda Network Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Huitongda Network Co'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.
Huitongda Network Co'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.
Huitongda Network Co (HKSE:09878) has a Days Payable of 113.08 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 Huitongda Network Co and its competitors. This is 55% above median its historical median of 73.03. Over the past decade, Huitongda Network Co's Days Payable has ranged from 68.18 to 115.74. According to the industry distribution chart, Huitongda Network Co ranks #716 out of 2608 companies in the Software industry, placing it in the top 27.5%.
Is Huitongda Network Co's Days Payable too high?
Huitongda Network Co's current Days Payable of 113.08 is 55% above median its 10-year median of 73.03. Over the past 10 years, this metric has ranged from a low of 68.18 to a high of 115.74. The Software industry median Days Payable is 51.82. Huitongda Network Co's value of 113.08 is 118.2% above this industry median. Based on the distribution chart, Huitongda Network Co ranks #716 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Huitongda Network Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Huitongda Network Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Huitongda Network Co ranks #716 out of 2608 companies for Days Payable. This puts Huitongda Network Co in the upper half of its industry. The industry median Days Payable is 51.82. Huitongda Network Co's value of 113.08 is 118.2% above this benchmark. Historically, Huitongda Network Co's own Days Payable has ranged from 68.18 to 115.74 over the past decade. While the company's 10-year median is 73.03 vs. the industry median of 51.82, Huitongda Network 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 51.82, based on 2,608 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. Huitongda Network Co's current Days Payable of 113.08 is 118.2% 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 Huitongda Network Co and its competitors. For the Software industry, the median Days Payable is 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huitongda Network Co's current Days Payable is 113.08, which is 55% above median its own 10-year median of 73.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huitongda Network Co stock overvalued right now?
Based on GuruFocus' analysis, Huitongda Network Co (HKSE:09878) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$17.57, compared to a current price of HK$8.42 — trading 52.1% below its estimated fair value. The current Days Payable is 113.08, which is 55% above median its 10-year median of 73.03 and 118.2% above the Software industry median of 51.82. Huitongda Network Co's overall GF Score™ is 76/100 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 Huitongda Network Co (HKSE:09878), the current Days Payable is 113.08 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 Huitongda Network Co (HKSE:09878) Overvalued in 2026?
Based on GuruFocus' analysis, Huitongda Network Co stock appears to be undervalued.
The current stock price of HK$8.42 is trading 52.1% below its estimated GF Value™ of HK$17.57.
GuruFocus considers Huitongda Network Co to be Significantly Undervalued.
Key valuation signals for HKSE:09878:
Days Payable: 113.08 (55% above median its 10-year median of 73.03)
GF Value™: HK$17.57 vs. price of HK$8.42 (52.1% below fair value)
Industry Position: 118.2% above the Software median (#716 of 2608)
No single metric tells the full story. See the HKSE:09878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Huitongda Network Co Ltd principally engaged in sale of a comprehensive suite of merchandise in the PRC and provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various services. The company has three reportable segments, The commerce business segment, which mainly represents the direct sales of merchandise; The service business segment, which mainly represents the provision of intelligent business and marketing subscription service and a collection of merchant solutions; and Others Revenues from the others are mainly derived from other services rendered by the Group. The company generates majority of revenue from Commerce business.
76GF Score
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