Neusoft (SHSE:600718) Days Payable: 132.39 (As of Mar. 2026) — 57% Above Median

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SHSE:600718 Neusoft Corp SHSE:600718
67 GF Score
Price ¥7.75
GF Value ¥12.85
Valuation Possible Value Trap
! 4 Warning Signs
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What is Neusoft Days Payable?

Neusoft SHSE:600718 +0.78% 67 Days Payable is 132.39 as of Mar. 2026, which is 57% above its 10-year median of 84.20. GuruFocus rates SHSE:600718 with a GF Score™ of 67/100 and a GF Value™ of ¥12.85 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,603 Software companies, Neusoft ranks better than 59.43% on this metric.

Neusoft's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,010 Mil. Neusoft's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,385 Mil. Hence, Neusoft's Days Payable for the three months ended in Mar. 2026 was 132.39.

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

SHSE:600718' s Days Payable Range Over the Past 10 Years
Min: 70.99   Med: 84.2   Max: 99.53
Current: 72.13

During the past 13 years, Neusoft's highest Days Payable was 99.53. The lowest was 70.99. And the median was 84.20.

SHSE:600718's Days Payable is ranked better than
59.43% of 2603 companies
in the Software industry
Industry Median: 52.78 vs SHSE:600718: 72.13

Neusoft's Days Payable increased from Mar. 2025 (116.67) to Mar. 2026 (132.39). It may suggest that Neusoft delayed paying its suppliers.


Neusoft Days Payable Historical Data

* Premium members only.

The historical data trend for Neusoft'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.

Neusoft Days Payable Chart

Neusoft 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 99.53 95.86 86.19 74.34 70.99

Neusoft 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 116.67 75.07 76.49 44.16 132.39

SHSE:600718 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Neusoft'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.


Neusoft Days Payable vs Software Industry

For the Software industry and Technology sector, Neusoft's Days Payable distribution charts can be found below:

* The bar in red indicates where Neusoft's Days Payable falls into.


SHSE:600718
67GF Score
Neusoft Corp SHSE:600718
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neusoft 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.

Neusoft'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
=( (1819.713 + 1827.573) / 2 ) / 9376.117*365
=1823.643 / 9376.117*365
=70.99

Neusoft'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
=( (1827.573 + 2192.649) / 2 ) / 1385.429*365 / 4
=2010.111 / 1385.429*365 / 4
=132.39

* 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 132.39 mean?
Neusoft (SHSE:600718) has a Days Payable of 132.39 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 Neusoft and its competitors. This is 57% above median its historical median of 84.20. Over the past decade, Neusoft's Days Payable has ranged from 70.99 to 99.53. According to the industry distribution chart, Neusoft ranks #1056 out of 2603 companies in the Software industry, placing it in the top 40.6%.
Is Neusoft's Days Payable too high?
Neusoft's current Days Payable of 132.39 is 57% above median its 10-year median of 84.20. Over the past 10 years, this metric has ranged from a low of 70.99 to a high of 99.53. The Software industry median Days Payable is 52.78. Neusoft's value of 132.39 is 150.8% above this industry median. Based on the distribution chart, Neusoft ranks #1056 out of 2603 companies in the Software industry, which is above the industry midpoint. Overall, Neusoft has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neusoft's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Neusoft ranks #1056 out of 2603 companies for Days Payable. This puts Neusoft in the upper half of its industry. The industry median Days Payable is 52.78. Neusoft's value of 132.39 is 150.8% above this benchmark. Historically, Neusoft's own Days Payable has ranged from 70.99 to 99.53 over the past decade. While the company's 10-year median is 84.20 vs. the industry median of 52.78, Neusoft 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 52.78, based on 2,603 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. Neusoft's current Days Payable of 132.39 is 150.8% 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 Neusoft and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neusoft's current Days Payable is 132.39, which is 57% above median its own 10-year median of 84.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neusoft stock overvalued right now?
Based on GuruFocus' analysis, Neusoft (SHSE:600718) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.85, compared to a current price of ¥7.75 — trading 39.7% below its estimated fair value. The current Days Payable is 132.39, which is 57% above median its 10-year median of 84.20 and 150.8% above the Software industry median of 52.78. Neusoft's overall GF Score™ is 67/100 with 4 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 Neusoft (SHSE:600718), the current Days Payable is 132.39 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 Neusoft (SHSE:600718) Overvalued in 2026?

Based on GuruFocus' analysis, Neusoft stock appears to be undervalued. The current stock price of ¥7.75 is trading 39.7% below its estimated GF Value™ of ¥12.85. GuruFocus considers Neusoft to be Possible Value Trap.

Key valuation signals for SHSE:600718:

  • Days Payable: 132.39 (57% above median its 10-year median of 84.20)
  • GF Value™: ¥12.85 vs. price of ¥7.75 (39.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 150.8% above the Software median (#1056 of 2603)

No single metric tells the full story. See the SHSE:600718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neusoft Business Description

Address No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.
67GF Score

Get the complete analysis for SHSE:600718

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

¥7.75
Price
¥12.85
GF Value