Sun-Create Electronics Co (SHSE:600990) Days Payable: 1,129.62 (As of Mar. 2026) — 258% Above Median

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SHSE:600990 Sun-Create Electronics Co Ltd SHSE:600990
50 GF Score
Price ¥16.63
GF Value ¥19.56
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Sun-Create Electronics Co Days Payable?

Sun-Create Electronics Co SHSE:600990 -4.04% 50 Days Payable is 1,129.62 as of Mar. 2026, which is 258% above its 10-year median of 315.38. GuruFocus rates SHSE:600990 with a GF Score™ of 50/100 and a GF Value™ of ¥19.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,445 Hardware companies, Sun-Create Electronics Co ranks better than 98.08% on this metric.

Sun-Create Electronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,746 Mil. Sun-Create Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥141 Mil. Hence, Sun-Create Electronics Co's Days Payable for the three months ended in Mar. 2026 was 1,129.62.

The historical rank and industry rank for Sun-Create Electronics Co's Days Payable or its related term are showing as below:

SHSE:600990' s Days Payable Range Over the Past 10 Years
Min: 155.41   Med: 315.38   Max: 488.52
Current: 459.49

During the past 13 years, Sun-Create Electronics Co's highest Days Payable was 488.52. The lowest was 155.41. And the median was 315.38.

SHSE:600990's Days Payable is ranked better than
98.08% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs SHSE:600990: 459.49

Sun-Create Electronics Co's Days Payable increased from Mar. 2025 (695.47) to Mar. 2026 (1,129.62). It may suggest that Sun-Create Electronics Co delayed paying its suppliers.


Sun-Create Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sun-Create Electronics 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.

Sun-Create Electronics Co Days Payable Chart

Sun-Create Electronics 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 339.26 367.48 453.95 488.52 453.18

Sun-Create Electronics 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 695.47 512.34 520.84 260.98 1,129.62

SHSE:600990 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Sun-Create Electronics 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.


Sun-Create Electronics Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Sun-Create Electronics Co's Days Payable falls into.


SHSE:600990
50GF Score
Sun-Create Electronics Co Ltd SHSE:600990
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun-Create Electronics 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.

Sun-Create Electronics 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
=( (1864.084 + 1833.471) / 2 ) / 1489.025*365
=1848.7775 / 1489.025*365
=453.18

Sun-Create Electronics 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
=( (1833.471 + 1658.351) / 2 ) / 141.034*365 / 4
=1745.911 / 141.034*365 / 4
=1,129.62

* 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 1,129.62 mean?
Sun-Create Electronics Co (SHSE:600990) has a Days Payable of 1,129.62 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 Sun-Create Electronics Co and its competitors. This is 258% above median its historical median of 315.38. Over the past decade, Sun-Create Electronics Co's Days Payable has ranged from 155.41 to 488.52. According to the industry distribution chart, Sun-Create Electronics Co ranks #47 out of 2445 companies in the Hardware industry, placing it in the top 1.9%.
Is Sun-Create Electronics Co's Days Payable too high?
Sun-Create Electronics Co's current Days Payable of 1,129.62 is 258% above median its 10-year median of 315.38. Over the past 10 years, this metric has ranged from a low of 155.41 to a high of 488.52. The Hardware industry median Days Payable is 70.06. Sun-Create Electronics Co's value of 1,129.62 is 1512.4% above this industry median. Based on the distribution chart, Sun-Create Electronics Co ranks #47 out of 2445 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sun-Create Electronics Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun-Create Electronics Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Sun-Create Electronics Co ranks #47 out of 2445 companies for Days Payable. This places Sun-Create Electronics Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.06. Sun-Create Electronics Co's value of 1,129.62 is 1512.4% above this benchmark. Historically, Sun-Create Electronics Co's own Days Payable has ranged from 155.41 to 488.52 over the past decade. While the company's 10-year median is 315.38 vs. the industry median of 70.06, Sun-Create Electronics 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 2,445 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. Sun-Create Electronics Co's current Days Payable of 1,129.62 is 1512.4% 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 Sun-Create Electronics 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. Sun-Create Electronics Co's current Days Payable is 1,129.62, which is 258% above median its own 10-year median of 315.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun-Create Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sun-Create Electronics Co (SHSE:600990) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.56, compared to a current price of ¥16.63 — trading 15% below its estimated fair value. The current Days Payable is 1,129.62, which is 258% above median its 10-year median of 315.38 and 1512.4% above the Hardware industry median of 70.06. Sun-Create Electronics Co's overall GF Score™ is 50/100 with 6 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 Sun-Create Electronics Co (SHSE:600990), the current Days Payable is 1,129.62 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 Sun-Create Electronics Co (SHSE:600990) Overvalued in 2026?

Based on GuruFocus' analysis, Sun-Create Electronics Co stock appears to be undervalued. The current stock price of ¥16.63 is trading 15% below its estimated GF Value™ of ¥19.56. GuruFocus considers Sun-Create Electronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:600990:

  • Days Payable: 1,129.62 (258% above median its 10-year median of 315.38)
  • GF Value™: ¥19.56 vs. price of ¥16.63 (15% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 1512.4% above the Hardware median (#47 of 2445)

No single metric tells the full story. See the SHSE:600990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun-Create Electronics Co Business Description

Address No. 3366, Xiyou Road, High-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Sun-Create Electronics Co Ltd is engaged in the design, manufacturing, installation, and sale of electronic and communication equipment. Its business activities include radar systems and related products, satellite television broadcasting ground receiving equipment, integrated circuits, broadcast television and microwave communication products, and electronic system engineering services. The company operates across the military-civilian integration radar industry, smart industry, and energy industry.
50GF Score

Get the complete analysis for SHSE:600990

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

¥16.63
Price
¥19.56
GF Value