Shengyi Technology Co (SHSE:600183) Days Payable: 124.04 (As of Jun. 2026) — 34% Above Median

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SHSE:600183 Shengyi Technology Co Ltd SHSE:600183
75 GF Score
Price ¥148.43
GF Value ¥49.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shengyi Technology Co Days Payable?

Shengyi Technology Co SHSE:600183 +1.00% 75 Days Payable is 124.04 as of Jun. 2026, which is 34% above its 10-year median of 92.33. GuruFocus rates SHSE:600183 with a GF Score™ of 75/100 and a GF Value™ of ¥49.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,433 Hardware companies, Shengyi Technology Co ranks better than 76.16% on this metric.

Shengyi Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥9,967 Mil. Shengyi Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥7,333 Mil. Hence, Shengyi Technology Co's Days Payable for the three months ended in Jun. 2026 was 124.04.

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

SHSE:600183' s Days Payable Range Over the Past 10 Years
Min: 75.85   Med: 92.33   Max: 119.65
Current: 119.65

During the past 13 years, Shengyi Technology Co's highest Days Payable was 119.65. The lowest was 75.85. And the median was 92.33.

SHSE:600183's Days Payable is ranked better than
76.16% of 2433 companies
in the Hardware industry
Industry Median: 70.03 vs SHSE:600183: 119.65

Shengyi Technology Co's Days Payable increased from Jun. 2025 (101.45) to Jun. 2026 (124.04). It may suggest that Shengyi Technology Co delayed paying its suppliers.


Shengyi Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shengyi 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.

Shengyi Technology Co Days Payable Chart

Shengyi 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 87.90 101.13 102.87 102.10 106.81

Shengyi Technology Co 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 101.45 106.52 112.44 119.22 124.04

SHSE:600183 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Shengyi 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.


Shengyi Technology Co Days Payable vs Hardware Industry

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

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


SHSE:600183
75GF Score
Shengyi Technology Co Ltd SHSE:600183
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shengyi 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.

Shengyi 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
=( (5012.466 + 7221.748) / 2 ) / 20904.648*365
=6117.107 / 20904.648*365
=106.81

Shengyi Technology Co'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
=( (8074.57 + 11860.236) / 2 ) / 7332.62*365 / 4
=9967.403 / 7332.62*365 / 4
=124.04

* 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 124.04 mean?
Shengyi Technology Co (SHSE:600183) has a Days Payable of 124.04 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 Shengyi Technology Co and its competitors. This is 34% above median its historical median of 92.33. Over the past decade, Shengyi Technology Co's Days Payable has ranged from 75.85 to 119.65. According to the industry distribution chart, Shengyi Technology Co ranks #580 out of 2433 companies in the Hardware industry, placing it in the top 23.8%.
Is Shengyi Technology Co's Days Payable too high?
Shengyi Technology Co's current Days Payable of 124.04 is 34% above median its 10-year median of 92.33. Over the past 10 years, this metric has ranged from a low of 75.85 to a high of 119.65. The Hardware industry median Days Payable is 70.03. Shengyi Technology Co's value of 124.04 is 77.1% above this industry median. Based on the distribution chart, Shengyi Technology Co ranks #580 out of 2433 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shengyi Technology Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shengyi Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shengyi Technology Co ranks #580 out of 2433 companies for Days Payable. This places Shengyi Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.03. Shengyi Technology Co's value of 124.04 is 77.1% above this benchmark. Historically, Shengyi Technology Co's own Days Payable has ranged from 75.85 to 119.65 over the past decade. While the company's 10-year median is 92.33 vs. the industry median of 70.03, Shengyi 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 70.03, based on 2,433 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. Shengyi Technology Co's current Days Payable of 124.04 is 77.1% 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 Shengyi Technology Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shengyi Technology Co's current Days Payable is 124.04, which is 34% above median its own 10-year median of 92.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shengyi Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shengyi Technology Co (SHSE:600183) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥49.77, compared to a current price of ¥148.43 — trading 198.2% above its estimated fair value. The current Days Payable is 124.04, which is 34% above median its 10-year median of 92.33 and 77.1% above the Hardware industry median of 70.03. Shengyi Technology Co's overall GF Score™ is 75/100 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 Shengyi Technology Co (SHSE:600183), the current Days Payable is 124.04 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 Shengyi Technology Co (SHSE:600183) Overvalued in 2026?

Based on GuruFocus' analysis, Shengyi Technology Co stock appears to be overvalued. The current stock price of ¥148.43 is trading 198.2% above its estimated GF Value™ of ¥49.77. GuruFocus considers Shengyi Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600183:

  • Days Payable: 124.04 (34% above median its 10-year median of 92.33)
  • GF Value™: ¥49.77 vs. price of ¥148.43 (198.2% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 77.1% above the Hardware median (#580 of 2433)

No single metric tells the full story. See the SHSE:600183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shengyi Technology Co Business Description

Address No. 5, Gongye West Road, Songshan Lake Park, Guangdong Province, Dongguan, CHN, 523808
Shengyi Technology Co Ltd is engaged in the design, production, and sales of copper-clad laminates, bonding sheets, and printed circuit boards.
75GF Score

Get the complete analysis for SHSE:600183

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

¥148.43
Price
¥49.77
GF Value