Veken Technology Co (SHSE:600152) Days Payable: 256.96 (As of Mar. 2026) — 22% Above Median

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SHSE:600152 Veken Technology Co Ltd SHSE:600152
55 GF Score
Price ¥7.49
GF Value ¥5.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Veken Technology Co Days Payable?

Veken Technology Co SHSE:600152 +0.27% 55 Days Payable is 256.96 as of Mar. 2026, which is 22% above its 10-year median of 211.04. GuruFocus rates SHSE:600152 with a GF Score™ of 55/100 and a GF Value™ of ¥5.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, Veken Technology Co ranks better than 92.58% on this metric.

Veken Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥936 Mil. Veken Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥332 Mil. Hence, Veken Technology Co's Days Payable for the three months ended in Mar. 2026 was 256.96.

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

SHSE:600152' s Days Payable Range Over the Past 10 Years
Min: 69.26   Med: 211.04   Max: 267.22
Current: 237.36

During the past 13 years, Veken Technology Co's highest Days Payable was 267.22. The lowest was 69.26. And the median was 211.04.

SHSE:600152's Days Payable is ranked better than
92.58% of 2440 companies
in the Hardware industry
Industry Median: 69.965 vs SHSE:600152: 237.36

Veken Technology Co's Days Payable declined from Mar. 2025 (292.16) to Mar. 2026 (256.96). It may suggest that Veken Technology Co accelerated paying its suppliers.


Veken Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Veken 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.

Veken Technology Co Days Payable Chart

Veken Technology Co 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 224.44 197.64 252.03 267.22 260.76

Veken Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 292.16 221.42 222.83 246.96 256.96

SHSE:600152 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Veken 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.


Veken Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Veken Technology Co's Days Payable distribution charts can be found below:

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


SHSE:600152
55GF Score
Veken Technology Co Ltd SHSE:600152
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Veken 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.

Veken 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
=( (832.739 + 897.227) / 2 ) / 1210.78*365
=864.983 / 1210.78*365
=260.76

Veken Technology Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (897.227 + 975.325) / 2 ) / 332.484*365 / 4
=936.276 / 332.484*365 / 4
=256.96

* 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 256.96 mean?
Veken Technology Co (SHSE:600152) has a Days Payable of 256.96 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Veken Technology Co and its competitors. This is 22% above median its historical median of 211.04. Over the past decade, Veken Technology Co's Days Payable has ranged from 69.26 to 267.22. According to the industry distribution chart, Veken Technology Co ranks #181 out of 2440 companies in the Hardware industry, placing it in the top 7.4%.
Is Veken Technology Co's Days Payable too high?
Veken Technology Co's current Days Payable of 256.96 is 22% above median its 10-year median of 211.04. Over the past 10 years, this metric has ranged from a low of 69.26 to a high of 267.22. The Hardware industry median Days Payable is 69.97. Veken Technology Co's value of 256.96 is 267.3% above this industry median. Based on the distribution chart, Veken Technology Co ranks #181 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Veken Technology Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veken Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Veken Technology Co ranks #181 out of 2440 companies for Days Payable. This places Veken Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.97. Veken Technology Co's value of 256.96 is 267.3% above this benchmark. Historically, Veken Technology Co's own Days Payable has ranged from 69.26 to 267.22 over the past decade. While the company's 10-year median is 211.04 vs. the industry median of 69.97, Veken 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 Hardware company?
The median Days Payable among Hardware companies is 69.97, based on 2,440 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. Veken Technology Co's current Days Payable of 256.96 is 267.3% 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 Veken Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veken Technology Co's current Days Payable is 256.96, which is 22% above median its own 10-year median of 211.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veken Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Veken Technology Co (SHSE:600152) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥7.49 — trading 27.6% above its estimated fair value. The current Days Payable is 256.96, which is 22% above median its 10-year median of 211.04 and 267.3% above the Hardware industry median of 69.97. Veken Technology Co's overall GF Score™ is 55/100 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 Veken Technology Co (SHSE:600152), the current Days Payable is 256.96 as of Mar. 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 Veken Technology Co (SHSE:600152) Overvalued in 2026?

Based on GuruFocus' analysis, Veken Technology Co stock appears to be overvalued. The current stock price of ¥7.49 is trading 27.6% above its estimated GF Value™ of ¥5.87. GuruFocus considers Veken Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:600152:

  • Days Payable: 256.96 (22% above median its 10-year median of 211.04)
  • GF Value™: ¥5.87 vs. price of ¥7.49 (27.6% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 267.3% above the Hardware median (#181 of 2440)

No single metric tells the full story. See the SHSE:600152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veken Technology Co Business Description

Address No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010
Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.
55GF Score

Get the complete analysis for SHSE:600152

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

¥7.49
Price
¥5.87
GF Value