Huaqin Technology Co (SHSE:603296) Days Payable: 106.11 (As of Jun. 2026) — Near Median

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SHSE:603296 Huaqin Technology Co Ltd SHSE:603296
88 GF Score
Price ¥74.31
GF Value ¥81.09
Valuation Fairly Valued
! 7 Warning Signs
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What is Huaqin Technology Co Days Payable?

Huaqin Technology Co SHSE:603296 -1.17% 88 Days Payable is 106.11 as of Jun. 2026, which is 2% below its 10-year median of 108.62. GuruFocus rates SHSE:603296 with a GF Score™ of 88/100 and a GF Value™ of ¥81.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,433 Hardware companies, Huaqin Technology Co ranks better than 73.78% on this metric.

Huaqin Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥56,786 Mil. Huaqin Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥48,831 Mil. Hence, Huaqin Technology Co's Days Payable for the three months ended in Jun. 2026 was 106.11.

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

SHSE:603296' s Days Payable Range Over the Past 10 Years
Min: 75.74   Med: 108.62   Max: 130.54
Current: 112.35

During the past 13 years, Huaqin Technology Co's highest Days Payable was 130.54. The lowest was 75.74. And the median was 108.62.

SHSE:603296's Days Payable is ranked better than
73.78% of 2433 companies
in the Hardware industry
Industry Median: 70.03 vs SHSE:603296: 112.35

Huaqin Technology Co's Days Payable increased from Jun. 2025 (84.16) to Jun. 2026 (106.11). It may suggest that Huaqin Technology Co delayed paying its suppliers.


Huaqin Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Huaqin 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.

Huaqin Technology Co Days Payable Chart

Huaqin Technology Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.69 109.34 105.72 107.89 95.42

Huaqin Technology Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 84.16 107.52 111.77 112.38 106.11

SHSE:603296 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Huaqin 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.


Huaqin Technology Co Days Payable vs Hardware Industry

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

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


SHSE:603296
88GF Score
Huaqin Technology Co Ltd SHSE:603296
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Huaqin 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.

Huaqin 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
=( (37280.614 + 45206.094) / 2 ) / 157768.381*365
=41243.354 / 157768.381*365
=95.42

Huaqin Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (46583.629 + 66988.553) / 2 ) / 48831.339*365 / 4
=56786.091 / 48831.339*365 / 4
=106.11

* 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 106.11 mean?
Huaqin Technology Co (SHSE:603296) has a Days Payable of 106.11 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Huaqin Technology Co and its competitors. This is near median its historical median of 108.62. Over the past decade, Huaqin Technology Co's Days Payable has ranged from 75.74 to 130.54. According to the industry distribution chart, Huaqin Technology Co ranks #638 out of 2433 companies in the Hardware industry, placing it in the top 26.2%.
Is Huaqin Technology Co's Days Payable too high?
Huaqin Technology Co's current Days Payable of 106.11 is near median its 10-year median of 108.62. Over the past 10 years, this metric has ranged from a low of 75.74 to a high of 130.54. The Hardware industry median Days Payable is 70.03. Huaqin Technology Co's value of 106.11 is 51.5% above this industry median. Based on the distribution chart, Huaqin Technology Co ranks #638 out of 2433 companies in the Hardware industry, which is above the industry midpoint. Overall, Huaqin Technology Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huaqin Technology Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Huaqin Technology Co ranks #638 out of 2433 companies for Days Payable. This puts Huaqin Technology Co in the upper half of its industry. The industry median Days Payable is 70.03. Huaqin Technology Co's value of 106.11 is 51.5% above this benchmark. Historically, Huaqin Technology Co's own Days Payable has ranged from 75.74 to 130.54 over the past decade. While the company's 10-year median is 108.62 vs. the industry median of 70.03, Huaqin 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 Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,433 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. Huaqin Technology Co's current Days Payable of 106.11 is 51.5% 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 Huaqin Technology Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaqin Technology Co's current Days Payable is 106.11, which is near median its own 10-year median of 108.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaqin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Huaqin Technology Co (SHSE:603296) is currently considered Fairly Valued. The stock's GF Value™ is ¥81.09, compared to a current price of ¥74.31 — trading 8.4% below its estimated fair value. The current Days Payable is 106.11, which is near median its 10-year median of 108.62 and 51.5% above the Hardware industry median of 70.03. Huaqin Technology Co's overall GF Score™ is 88/100 with 7 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 Huaqin Technology Co (SHSE:603296), the current Days Payable is 106.11 as of Jun. 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 Huaqin Technology Co (SHSE:603296) Overvalued in 2026?

Based on GuruFocus' analysis, Huaqin Technology Co stock appears to be undervalued. The current stock price of ¥74.31 is trading 8.4% below its estimated GF Value™ of ¥81.09. GuruFocus considers Huaqin Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603296:

  • Days Payable: 106.11 (near median its 10-year median of 108.62)
  • GF Value™: ¥81.09 vs. price of ¥74.31 (8.4% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 51.5% above the Hardware median (#638 of 2433)

No single metric tells the full story. See the SHSE:603296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huaqin Technology Co Business Description

Address No. 699 Lvke Road, Huaqin Global Research & Development Center, Pudong New District, Shanghai, CHN, 200120
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing, and operation of intelligent hardware products. The company operates four businesses: smart terminal business; high-performance computing business; automotive electronics and industrial products business; and artificial intelligence & internet of things (AIoT) business.
88GF Score

Get the complete analysis for SHSE:603296

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

¥74.31
Price
¥81.09
GF Value