Beijing Vastdata Technology Co (SHSE:603138) Days Payable: 111.61 (As of Mar. 2026) — 77% Above Median

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SHSE:603138 Beijing Vastdata Technology Co Ltd SHSE:603138
61 GF Score
Price ¥11.43
GF Value ¥25.68
Valuation Significantly Undervalued
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What is Beijing Vastdata Technology Co Days Payable?

Beijing Vastdata Technology Co SHSE:603138 -3.87% 61 Days Payable is 111.61 as of Mar. 2026, which is 77% above its 10-year median of 63.11. GuruFocus rates SHSE:603138 with a GF Score™ of 61/100 and a GF Value™ of ¥25.68 (Significantly Undervalued). Among 2,611 Software companies, Beijing Vastdata Technology Co ranks better than 62.54% on this metric.

Beijing Vastdata Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥79.8 Mil. Beijing Vastdata Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥65.2 Mil. Hence, Beijing Vastdata Technology Co's Days Payable for the three months ended in Mar. 2026 was 111.61.

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

SHSE:603138' s Days Payable Range Over the Past 10 Years
Min: 34.14   Med: 63.11   Max: 106.24
Current: 79.26

During the past 13 years, Beijing Vastdata Technology Co's highest Days Payable was 106.24. The lowest was 34.14. And the median was 63.11.

SHSE:603138's Days Payable is ranked better than
62.54% of 2611 companies
in the Software industry
Industry Median: 52.78 vs SHSE:603138: 79.26

Beijing Vastdata Technology Co's Days Payable declined from Mar. 2025 (128.79) to Mar. 2026 (111.61). It may suggest that Beijing Vastdata Technology Co accelerated paying its suppliers.


Beijing Vastdata Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing Vastdata 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.

Beijing Vastdata Technology Co Days Payable Chart

Beijing Vastdata 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 63.12 66.05 60.44 34.14 106.24

Beijing Vastdata 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 128.79 61.69 88.21 80.72 111.61

SHSE:603138 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Beijing Vastdata 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.


Beijing Vastdata Technology Co Days Payable vs Software Industry

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

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


SHSE:603138
61GF Score
Beijing Vastdata Technology Co Ltd SHSE:603138
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Vastdata 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.

Beijing Vastdata 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
=( (26.885 + 134.934) / 2 ) / 277.963*365
=80.9095 / 277.963*365
=106.24

Beijing Vastdata 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
=( (134.934 + 24.587) / 2 ) / 65.212*365 / 4
=79.7605 / 65.212*365 / 4
=111.61

* 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 111.61 mean?
Beijing Vastdata Technology Co (SHSE:603138) has a Days Payable of 111.61 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 Beijing Vastdata Technology Co and its competitors. This is 77% above median its historical median of 63.11. Over the past decade, Beijing Vastdata Technology Co's Days Payable has ranged from 34.14 to 106.24. According to the industry distribution chart, Beijing Vastdata Technology Co ranks #978 out of 2611 companies in the Software industry, placing it in the top 37.5%.
Is Beijing Vastdata Technology Co's Days Payable too high?
Beijing Vastdata Technology Co's current Days Payable of 111.61 is 77% above median its 10-year median of 63.11. Over the past 10 years, this metric has ranged from a low of 34.14 to a high of 106.24. The Software industry median Days Payable is 52.78. Beijing Vastdata Technology Co's value of 111.61 is 111.5% above this industry median. Based on the distribution chart, Beijing Vastdata Technology Co ranks #978 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, Beijing Vastdata Technology Co has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Vastdata Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Beijing Vastdata Technology Co ranks #978 out of 2611 companies for Days Payable. This puts Beijing Vastdata Technology Co in the upper half of its industry. The industry median Days Payable is 52.78. Beijing Vastdata Technology Co's value of 111.61 is 111.5% above this benchmark. Historically, Beijing Vastdata Technology Co's own Days Payable has ranged from 34.14 to 106.24 over the past decade. While the company's 10-year median is 63.11 vs. the industry median of 52.78, Beijing Vastdata 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 52.78, based on 2,611 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. Beijing Vastdata Technology Co's current Days Payable of 111.61 is 111.5% 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 Beijing Vastdata Technology Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Vastdata Technology Co's current Days Payable is 111.61, which is 77% above median its own 10-year median of 63.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Vastdata Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Vastdata Technology Co (SHSE:603138) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥25.68, compared to a current price of ¥11.43 — trading 55.5% below its estimated fair value. The current Days Payable is 111.61, which is 77% above median its 10-year median of 63.11 and 111.5% above the Software industry median of 52.78. Beijing Vastdata Technology Co's overall GF Score™ is 61/100. 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 Beijing Vastdata Technology Co (SHSE:603138), the current Days Payable is 111.61 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 Beijing Vastdata Technology Co (SHSE:603138) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Vastdata Technology Co stock appears to be undervalued. The current stock price of ¥11.43 is trading 55.5% below its estimated GF Value™ of ¥25.68. GuruFocus considers Beijing Vastdata Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:603138:

  • Days Payable: 111.61 (77% above median its 10-year median of 63.11)
  • GF Value™: ¥25.68 vs. price of ¥11.43 (55.5% below fair value)
  • GF Score™: 61/100
  • Industry Position: 111.5% above the Software median (#978 of 2611)

No single metric tells the full story. See the SHSE:603138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Vastdata Technology Co Business Description

Address No. 30 Xueyuan Road, 6th Floor, Block B, Room 01, Keda Tiangong Building, Haidian District, Beijing, CHN, 100083
Beijing Vastdata Technology Co Ltd focuses on the database field and is mainly engaged in database product research and development, sales, services and consulting.
61GF Score

Get the complete analysis for SHSE:603138

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

¥11.43
Price
¥25.68
GF Value