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* 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.
SHSE:603421 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Days Payable distribution charts can be found below:
* The bar in red indicates where Qingdao Topscomm Communication's Days Payable falls into.
Qingdao Topscomm Communication 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.
* 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.
Qingdao Topscomm Communication (SHSE:603421) has a Days Payable of 218.33 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 Qingdao Topscomm Communication and its competitors. This is 31% above median its historical median of 166.37. Over the past decade, Qingdao Topscomm Communication's Days Payable has ranged from 63.01 to 286.24. According to the industry distribution chart, Qingdao Topscomm Communication ranks #420 out of 2440 companies in the Hardware industry, placing it in the top 17.2%.
Is Qingdao Topscomm Communication's Days Payable too high?
Qingdao Topscomm Communication's current Days Payable of 218.33 is 31% above median its 10-year median of 166.37. Over the past 10 years, this metric has ranged from a low of 63.01 to a high of 286.24. The Hardware industry median Days Payable is 69.97. Qingdao Topscomm Communication's value of 218.33 is 212.1% above this industry median. Based on the distribution chart, Qingdao Topscomm Communication ranks #420 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Qingdao Topscomm Communication has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #420 out of 2440 companies for Days Payable. This places Qingdao Topscomm Communication in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.97. Qingdao Topscomm Communication's value of 218.33 is 212.1% above this benchmark. Historically, Qingdao Topscomm Communication's own Days Payable has ranged from 63.01 to 286.24 over the past decade. While the company's 10-year median is 166.37 vs. the industry median of 69.97, Qingdao Topscomm Communication 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 69.97, based on 2,440 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. Qingdao Topscomm Communication's current Days Payable of 218.33 is 212.1% 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 Qingdao Topscomm Communication and its competitors. For the Hardware industry, the median Days Payable is 69.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Topscomm Communication's current Days Payable is 218.33, which is 31% above median its own 10-year median of 166.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Topscomm Communication stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Topscomm Communication (SHSE:603421) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.40, compared to a current price of ¥5.49 — trading 61.5% above its estimated fair value. The current Days Payable is 218.33, which is 31% above median its 10-year median of 166.37 and 212.1% above the Hardware industry median of 69.97. Qingdao Topscomm Communication's overall GF Score™ is 56/100 with 4 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 Qingdao Topscomm Communication (SHSE:603421), the current Days Payable is 218.33 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 Qingdao Topscomm Communication (SHSE:603421) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Topscomm Communication stock appears to be overvalued.
The current stock price of ¥5.49 is trading 61.5% above its estimated GF Value™ of ¥3.40.
GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.
Key valuation signals for SHSE:603421:
Days Payable: 218.33 (31% above median its 10-year median of 166.37)
GF Value™: ¥3.40 vs. price of ¥5.49 (61.5% above fair value)
Industry Position: 212.1% above the Hardware median (#420 of 2440)
No single metric tells the full story. See the SHSE:603421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
56GF Score
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