Wingtech Technology Co (SHSE:600745) Days Payable: 360.97 (As of Jun. 2026) — 210% Above Median

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SHSE:600745 Wingtech Technology Co Ltd SHSE:600745
39 GF Score
Price ¥18.49
GF Value ¥4.44
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Wingtech Technology Co Days Payable?

Wingtech Technology Co SHSE:600745 39 Days Payable is 360.97 as of Jun. 2026, which is 210% above its 10-year median of 116.60. GuruFocus rates SHSE:600745 with a GF Score™ of 39/100 and a GF Value™ of ¥4.44 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,439 Hardware companies, Wingtech Technology Co ranks better than 90.49% on this metric.

Wingtech Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥2,120 Mil. Wingtech Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥536 Mil. Hence, Wingtech Technology Co's Days Payable for the three months ended in Jun. 2026 was 360.97.

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

SHSE:600745' s Days Payable Range Over the Past 10 Years
Min: 80.51   Med: 116.6   Max: 204.14
Current: 204.14

During the past 13 years, Wingtech Technology Co's highest Days Payable was 204.14. The lowest was 80.51. And the median was 116.60.

SHSE:600745's Days Payable is ranked better than
90.49% of 2439 companies
in the Hardware industry
Industry Median: 70.06 vs SHSE:600745: 204.14

Wingtech Technology Co's Days Payable increased from Jun. 2025 (65.76) to Jun. 2026 (360.97). It may suggest that Wingtech Technology Co delayed paying its suppliers.


Wingtech Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wingtech 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.

Wingtech Technology Co Days Payable Chart

Wingtech 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 135.70 112.95 102.31 80.51 120.25

Wingtech 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 65.76 111.36 316.80 327.30 360.97

SHSE:600745 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, Wingtech 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.


Wingtech Technology Co Days Payable vs Hardware Industry

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

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


SHSE:600745
39GF Score
Wingtech Technology Co Ltd SHSE:600745
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wingtech 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.

Wingtech 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
=( (14536.061 + 2309.391) / 2 ) / 25566.237*365
=8422.726 / 25566.237*365
=120.25

Wingtech 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
=( (1915.688 + 2323.434) / 2 ) / 535.804*365 / 4
=2119.561 / 535.804*365 / 4
=360.97

* 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 360.97 mean?
Wingtech Technology Co (SHSE:600745) has a Days Payable of 360.97 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 Wingtech Technology Co and its competitors. This is 210% above median its historical median of 116.60. Over the past decade, Wingtech Technology Co's Days Payable has ranged from 80.51 to 204.14. According to the industry distribution chart, Wingtech Technology Co ranks #232 out of 2439 companies in the Hardware industry, placing it in the top 9.5%.
Is Wingtech Technology Co's Days Payable too high?
Wingtech Technology Co's current Days Payable of 360.97 is 210% above median its 10-year median of 116.60. Over the past 10 years, this metric has ranged from a low of 80.51 to a high of 204.14. The Hardware industry median Days Payable is 70.06. Wingtech Technology Co's value of 360.97 is 415.2% above this industry median. Based on the distribution chart, Wingtech Technology Co ranks #232 out of 2439 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wingtech Technology Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wingtech Technology Co's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Wingtech Technology Co ranks #232 out of 2439 companies for Days Payable. This places Wingtech Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.06. Wingtech Technology Co's value of 360.97 is 415.2% above this benchmark. Historically, Wingtech Technology Co's own Days Payable has ranged from 80.51 to 204.14 over the past decade. While the company's 10-year median is 116.60 vs. the industry median of 70.06, Wingtech 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 70.06, based on 2,439 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. Wingtech Technology Co's current Days Payable of 360.97 is 415.2% 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 Wingtech Technology Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wingtech Technology Co's current Days Payable is 360.97, which is 210% above median its own 10-year median of 116.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingtech Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Wingtech Technology Co (SHSE:600745) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.44, compared to a current price of ¥18.49 — trading 316.4% above its estimated fair value. The current Days Payable is 360.97, which is 210% above median its 10-year median of 116.60 and 415.2% above the Hardware industry median of 70.06. Wingtech Technology Co's overall GF Score™ is 39/100 with 10 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 Wingtech Technology Co (SHSE:600745), the current Days Payable is 360.97 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 Wingtech Technology Co (SHSE:600745) Overvalued in 2026?

Based on GuruFocus' analysis, Wingtech Technology Co stock appears to be overvalued. The current stock price of ¥18.49 is trading 316.4% above its estimated GF Value™ of ¥4.44. GuruFocus considers Wingtech Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600745:

  • Days Payable: 360.97 (210% above median its 10-year median of 116.60)
  • GF Value™: ¥4.44 vs. price of ¥18.49 (316.4% above fair value)
  • GF Score™: 39/100 with 10 warning signs
  • Industry Position: 415.2% above the Hardware median (#232 of 2439)

No single metric tells the full story. See the SHSE:600745 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wingtech Technology Co Business Description

Address No. 777, Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314000
Wingtech Technology Co Ltd is a China-based semiconductor and product integration company that integrates R&D, design, and production manufacturing. The company's operations are organized into three segments. The Product Integration Business Segment focuses on designing and producing mobile internet devices, with smartphones being the core product line. The Semiconductor Business Segment is dedicated to the innovation, development, and fabrication of semiconductor components. The Other Business Segment includes various supplementary operations that support the company's overall activities.
39GF Score

Get the complete analysis for SHSE:600745

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

¥18.49
Price
¥4.44
GF Value