Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) Days Payable: 286.57 (As of Mar. 2026) — 45% Above Median

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SHSE:603052 Suzhou K-Hiragawa Electronic Technology Co Ltd SHSE:603052
65 GF Score
Price ¥47.92
GF Value ¥26.69
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Suzhou K-Hiragawa Electronic Technology Co Days Payable?

Suzhou K-Hiragawa Electronic Technology Co SHSE:603052 -4.16% 65 Days Payable is 286.57 as of Mar. 2026, which is 45% above its 10-year median of 197.47. GuruFocus rates SHSE:603052 with a GF Score™ of 65/100 and a GF Value™ of ¥26.69 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Suzhou K-Hiragawa Electronic Technology Co ranks better than 91.25% on this metric.

Suzhou K-Hiragawa Electronic Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥618.4 Mil. Suzhou K-Hiragawa Electronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥196.9 Mil. Hence, Suzhou K-Hiragawa Electronic Technology Co's Days Payable for the three months ended in Mar. 2026 was 286.57.

The historical rank and industry rank for Suzhou K-Hiragawa Electronic Technology Co's Days Payable or its related term are showing as below:

SHSE:603052' s Days Payable Range Over the Past 10 Years
Min: 162.4   Med: 197.47   Max: 255.25
Current: 245.83

During the past 10 years, Suzhou K-Hiragawa Electronic Technology Co's highest Days Payable was 255.25. The lowest was 162.40. And the median was 197.47.

SHSE:603052's Days Payable is ranked better than
91.25% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs SHSE:603052: 245.83

Suzhou K-Hiragawa Electronic Technology Co's Days Payable increased from Mar. 2025 (253.39) to Mar. 2026 (286.57). It may suggest that Suzhou K-Hiragawa Electronic Technology Co delayed paying its suppliers.


Suzhou K-Hiragawa Electronic Technology Co Days Payable Related Terms


Suzhou K-Hiragawa Electronic Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou K-Hiragawa Electronic 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.

Suzhou K-Hiragawa Electronic Technology Co Days Payable Chart

Suzhou K-Hiragawa Electronic 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 193.32 201.62 255.25 255.03 252.73

Suzhou K-Hiragawa Electronic 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 253.39 245.34 236.30 226.47 286.57

SHSE:603052 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Suzhou K-Hiragawa Electronic 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.


Suzhou K-Hiragawa Electronic Technology Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou K-Hiragawa Electronic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou K-Hiragawa Electronic Technology Co's Days Payable falls into.


SHSE:603052
65GF Score
Suzhou K-Hiragawa Electronic Technology Co Ltd SHSE:603052
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou K-Hiragawa Electronic 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.

Suzhou K-Hiragawa Electronic 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
=( (480.316 + 615.195) / 2 ) / 791.074*365
=547.7555 / 791.074*365
=252.73

Suzhou K-Hiragawa Electronic 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
=( (615.195 + 621.578) / 2 ) / 196.909*365 / 4
=618.3865 / 196.909*365 / 4
=286.57

* 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 286.57 mean?
Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) has a Days Payable of 286.57 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 Suzhou K-Hiragawa Electronic Technology Co and its competitors. This is 45% above median its historical median of 197.47. Over the past decade, Suzhou K-Hiragawa Electronic Technology Co's Days Payable has ranged from 162.40 to 255.25. According to the industry distribution chart, Suzhou K-Hiragawa Electronic Technology Co ranks #262 out of 2994 companies in the Industrial Products industry, placing it in the top 8.8%.
Is Suzhou K-Hiragawa Electronic Technology Co's Days Payable too high?
Suzhou K-Hiragawa Electronic Technology Co's current Days Payable of 286.57 is 45% above median its 10-year median of 197.47. Over the past 10 years, this metric has ranged from a low of 162.40 to a high of 255.25. The Industrial Products industry median Days Payable is 78.07. Suzhou K-Hiragawa Electronic Technology Co's value of 286.57 is 267.1% above this industry median. Based on the distribution chart, Suzhou K-Hiragawa Electronic Technology Co ranks #262 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou K-Hiragawa Electronic Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou K-Hiragawa Electronic Technology Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Suzhou K-Hiragawa Electronic Technology Co ranks #262 out of 2994 companies for Days Payable. This places Suzhou K-Hiragawa Electronic Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Suzhou K-Hiragawa Electronic Technology Co's value of 286.57 is 267.1% above this benchmark. Historically, Suzhou K-Hiragawa Electronic Technology Co's own Days Payable has ranged from 162.40 to 255.25 over the past decade. While the company's 10-year median is 197.47 vs. the industry median of 78.07, Suzhou K-Hiragawa Electronic 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Suzhou K-Hiragawa Electronic Technology Co's current Days Payable of 286.57 is 267.1% 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 Suzhou K-Hiragawa Electronic Technology Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou K-Hiragawa Electronic Technology Co's current Days Payable is 286.57, which is 45% above median its own 10-year median of 197.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou K-Hiragawa Electronic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.69, compared to a current price of ¥47.92 — trading 79.5% above its estimated fair value. The current Days Payable is 286.57, which is 45% above median its 10-year median of 197.47 and 267.1% above the Industrial Products industry median of 78.07. Suzhou K-Hiragawa Electronic Technology Co's overall GF Score™ is 65/100 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 Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052), the current Days Payable is 286.57 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 Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou K-Hiragawa Electronic Technology Co stock appears to be overvalued. The current stock price of ¥47.92 is trading 79.5% above its estimated GF Value™ of ¥26.69. GuruFocus considers Suzhou K-Hiragawa Electronic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603052:

  • Days Payable: 286.57 (45% above median its 10-year median of 197.47)
  • GF Value™: ¥26.69 vs. price of ¥47.92 (79.5% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 267.1% above the Industrial Products median (#262 of 2994)

No single metric tells the full story. See the SHSE:603052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou K-Hiragawa Electronic Technology Co Business Description

Address No. 1, Zhipu Road, Room 5, Qiandeng Town, Jiangsu Province, Kunshan, CHN, 215300
Suzhou K-Hiragawa Electronic Technology Co Ltd is engaged in the research and development, design, processing and sales of functional electronic devices, optical thin-film devices and automotive power battery insulation products, specializing in consumer electronics brands such as notebook computers and mobile phones, large optoelectronic technology companies and automotive battery manufacturers.
65GF Score

Get the complete analysis for SHSE:603052

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

¥47.92
Price
¥26.69
GF Value