CETC Digital Technology Co (SHSE:600850) Days Payable: 146.21 (As of Mar. 2026) — 69% Above Median

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SHSE:600850 CETC Digital Technology Co Ltd SHSE:600850
62 GF Score
Price ¥14.45
GF Value ¥20.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CETC Digital Technology Co Days Payable?

CETC Digital Technology Co SHSE:600850 -2.03% 62 Days Payable is 146.21 as of Mar. 2026, which is 69% above its 10-year median of 86.41. GuruFocus rates SHSE:600850 with a GF Score™ of 62/100 and a GF Value™ of ¥20.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,605 Software companies, CETC Digital Technology Co ranks better than 69.25% on this metric.

CETC Digital Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,705 Mil. CETC Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,688 Mil. Hence, CETC Digital Technology Co's Days Payable for the three months ended in Mar. 2026 was 146.21.

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

SHSE:600850' s Days Payable Range Over the Past 10 Years
Min: 80.72   Med: 86.41   Max: 115.72
Current: 102.1

During the past 13 years, CETC Digital Technology Co's highest Days Payable was 115.72. The lowest was 80.72. And the median was 86.41.

SHSE:600850's Days Payable is ranked better than
69.25% of 2605 companies
in the Software industry
Industry Median: 52.79 vs SHSE:600850: 102.10

CETC Digital Technology Co's Days Payable increased from Mar. 2025 (140.39) to Mar. 2026 (146.21). It may suggest that CETC Digital Technology Co delayed paying its suppliers.


CETC Digital Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for CETC Digital 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.

CETC Digital Technology Co Days Payable Chart

CETC Digital 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 80.72 90.31 98.97 103.67 115.72

CETC Digital 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 140.39 87.24 98.18 92.46 146.21

SHSE:600850 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, CETC Digital 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.


CETC Digital Technology Co Days Payable vs Software Industry

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

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


SHSE:600850
62GF Score
CETC Digital Technology Co Ltd SHSE:600850
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Digital 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.

CETC Digital 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
=( (2794.526 + 2816.941) / 2 ) / 8849.531*365
=2805.7335 / 8849.531*365
=115.72

CETC Digital 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
=( (2816.941 + 2593.739) / 2 ) / 1688.385*365 / 4
=2705.34 / 1688.385*365 / 4
=146.21

* 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 146.21 mean?
CETC Digital Technology Co (SHSE:600850) has a Days Payable of 146.21 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 CETC Digital Technology Co and its competitors. This is 69% above median its historical median of 86.41. Over the past decade, CETC Digital Technology Co's Days Payable has ranged from 80.72 to 115.72. According to the industry distribution chart, CETC Digital Technology Co ranks #801 out of 2605 companies in the Software industry, placing it in the top 30.7%.
Is CETC Digital Technology Co's Days Payable too high?
CETC Digital Technology Co's current Days Payable of 146.21 is 69% above median its 10-year median of 86.41. Over the past 10 years, this metric has ranged from a low of 80.72 to a high of 115.72. The Software industry median Days Payable is 52.79. CETC Digital Technology Co's value of 146.21 is 177% above this industry median. Based on the distribution chart, CETC Digital Technology Co ranks #801 out of 2605 companies in the Software industry, which is above the industry midpoint. Overall, CETC Digital Technology Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CETC Digital Technology Co's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, CETC Digital Technology Co ranks #801 out of 2605 companies for Days Payable. This puts CETC Digital Technology Co in the upper half of its industry. The industry median Days Payable is 52.79. CETC Digital Technology Co's value of 146.21 is 177% above this benchmark. Historically, CETC Digital Technology Co's own Days Payable has ranged from 80.72 to 115.72 over the past decade. While the company's 10-year median is 86.41 vs. the industry median of 52.79, CETC Digital 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. CETC Digital Technology Co's current Days Payable of 146.21 is 177% 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 CETC Digital Technology Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Digital Technology Co's current Days Payable is 146.21, which is 69% above median its own 10-year median of 86.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, CETC Digital Technology Co (SHSE:600850) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.27, compared to a current price of ¥14.45 — trading 28.7% below its estimated fair value. The current Days Payable is 146.21, which is 69% above median its 10-year median of 86.41 and 177% above the Software industry median of 52.79. CETC Digital Technology Co's overall GF Score™ is 62/100 with 5 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 CETC Digital Technology Co (SHSE:600850), the current Days Payable is 146.21 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 CETC Digital Technology Co (SHSE:600850) Overvalued in 2026?

Based on GuruFocus' analysis, CETC Digital Technology Co stock appears to be undervalued. The current stock price of ¥14.45 is trading 28.7% below its estimated GF Value™ of ¥20.27. GuruFocus considers CETC Digital Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600850:

  • Days Payable: 146.21 (69% above median its 10-year median of 86.41)
  • GF Value™: ¥20.27 vs. price of ¥14.45 (28.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 177% above the Software median (#801 of 2605)

No single metric tells the full story. See the SHSE:600850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CETC Digital Technology Co Business Description

Address 1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233
CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.
62GF Score

Get the complete analysis for SHSE:600850

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

¥14.45
Price
¥20.27
GF Value