360 Security Technology (SHSE:601360) Days Payable: 296.93 (As of Mar. 2026) — 51% Above Median

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SHSE:601360 360 Security Technology Inc SHSE:601360
58 GF Score
Price ¥9.05
GF Value ¥13.50
Valuation Possible Value Trap
! 5 Warning Signs
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What is 360 Security Technology Days Payable?

360 Security Technology SHSE:601360 +0.56% 58 Days Payable is 296.93 as of Mar. 2026, which is 51% above its 10-year median of 196.43. GuruFocus rates SHSE:601360 with a GF Score™ of 58/100 and a GF Value™ of ¥13.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,604 Software companies, 360 Security Technology ranks better than 85.75% on this metric.

360 Security Technology's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,917 Mil. 360 Security Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥589 Mil. Hence, 360 Security Technology's Days Payable for the three months ended in Mar. 2026 was 296.93.

The historical rank and industry rank for 360 Security Technology's Days Payable or its related term are showing as below:

SHSE:601360' s Days Payable Range Over the Past 10 Years
Min: 150.55   Med: 196.43   Max: 267.78
Current: 236.38

During the past 13 years, 360 Security Technology's highest Days Payable was 267.78. The lowest was 150.55. And the median was 196.43.

SHSE:601360's Days Payable is ranked better than
85.75% of 2604 companies
in the Software industry
Industry Median: 52.745 vs SHSE:601360: 236.38

360 Security Technology's Days Payable declined from Mar. 2025 (317.97) to Mar. 2026 (296.93). It may suggest that 360 Security Technology accelerated paying its suppliers.


360 Security Technology Days Payable Historical Data

* Premium members only.

The historical data trend for 360 Security Technology'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.

360 Security Technology Days Payable Chart

360 Security Technology 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 190.59 202.27 223.68 267.78 234.03

360 Security Technology 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 317.97 240.85 253.87 184.82 296.93

SHSE:601360 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, 360 Security Technology'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.


360 Security Technology Days Payable vs Software Industry

For the Software industry and Technology sector, 360 Security Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where 360 Security Technology's Days Payable falls into.


SHSE:601360
58GF Score
360 Security Technology Inc SHSE:601360
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

360 Security Technology 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.

360 Security Technology'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
=( (1786.862 + 1942.442) / 2 ) / 2908.126*365
=1864.652 / 2908.126*365
=234.03

360 Security Technology'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
=( (1942.442 + 1891.981) / 2 ) / 589.174*365 / 4
=1917.2115 / 589.174*365 / 4
=296.93

* 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 296.93 mean?
360 Security Technology (SHSE:601360) has a Days Payable of 296.93 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 360 Security Technology and its competitors. This is 51% above median its historical median of 196.43. Over the past decade, 360 Security Technology's Days Payable has ranged from 150.55 to 267.78. According to the industry distribution chart, 360 Security Technology ranks #371 out of 2604 companies in the Software industry, placing it in the top 14.2%.
Is 360 Security Technology's Days Payable too high?
360 Security Technology's current Days Payable of 296.93 is 51% above median its 10-year median of 196.43. Over the past 10 years, this metric has ranged from a low of 150.55 to a high of 267.78. The Software industry median Days Payable is 52.75. 360 Security Technology's value of 296.93 is 463% above this industry median. Based on the distribution chart, 360 Security Technology ranks #371 out of 2604 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, 360 Security Technology has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does 360 Security Technology's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, 360 Security Technology ranks #371 out of 2604 companies for Days Payable. This places 360 Security Technology in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.75. 360 Security Technology's value of 296.93 is 463% above this benchmark. Historically, 360 Security Technology's own Days Payable has ranged from 150.55 to 267.78 over the past decade. While the company's 10-year median is 196.43 vs. the industry median of 52.75, 360 Security Technology 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 52.75, based on 2,604 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. 360 Security Technology's current Days Payable of 296.93 is 463% 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 360 Security Technology and its competitors. For the Software industry, the median Days Payable is 52.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 360 Security Technology's current Days Payable is 296.93, which is 51% above median its own 10-year median of 196.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 360 Security Technology stock overvalued right now?
Based on GuruFocus' analysis, 360 Security Technology (SHSE:601360) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.50, compared to a current price of ¥9.05 — trading 33% below its estimated fair value. The current Days Payable is 296.93, which is 51% above median its 10-year median of 196.43 and 463% above the Software industry median of 52.75. 360 Security Technology's overall GF Score™ is 58/100 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 360 Security Technology (SHSE:601360), the current Days Payable is 296.93 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 360 Security Technology (SHSE:601360) Overvalued in 2026?

Based on GuruFocus' analysis, 360 Security Technology stock appears to be undervalued. The current stock price of ¥9.05 is trading 33% below its estimated GF Value™ of ¥13.50. GuruFocus considers 360 Security Technology to be Possible Value Trap.

Key valuation signals for SHSE:601360:

  • Days Payable: 296.93 (51% above median its 10-year median of 196.43)
  • GF Value™: ¥13.50 vs. price of ¥9.05 (33% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 463% above the Software median (#371 of 2604)

No single metric tells the full story. See the SHSE:601360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


360 Security Technology Business Description

Address No. 6, Jiuxianqiao Road, Block A, Building 2, Chaoyang District, Beijing, CHN, 100015
360 Security Technology Inc is engaged in the research and development of Internet security technology, design, development, and promotion of Internet security products, as well as commercial services such as Internet advertising and services based on Internet security products, Internet value-added services, and smart hardware services. The company operates through two segments. The Internet and Smart Hardware Business segment covers Internet commercialization, such as advertising and services, value-added Internet businesses like AI products and game distribution, and smart hardware, including cameras, video doorbells, driving recorders, and children's smartwatches. The Security Business segment focuses on digital security operations.
58GF Score

Get the complete analysis for SHSE:601360

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

¥9.05
Price
¥13.50
GF Value