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IReader Technology CoSHSE:603533 -8.21%73 Days Payable is 85.46 as of Mar. 2026, which is 15% below its 10-year median of 100.38. GuruFocus rates SHSE:603533 with a GF Score™ of 73/100 and a GF Value™ of ¥25.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,608 Software companies, IReader Technology Co ranks better than 66.99% on this metric.
IReader Technology Co Days Payable Historical Data
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The historical data trend for IReader 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.
SHSE:603533 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, IReader 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.
IReader Technology Co Days Payable vs Software Industry
For the Software industry and Technology sector, IReader Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where IReader Technology Co's Days Payable falls into.
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.
IReader Technology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
IReader Technology Co (SHSE:603533) has a Days Payable of 85.46 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 IReader Technology Co and its competitors. This is 15% below median its historical median of 100.38. Over the past decade, IReader Technology Co's Days Payable has ranged from 46.02 to 209.29. According to the industry distribution chart, IReader Technology Co ranks #861 out of 2608 companies in the Software industry, placing it in the top 33%.
Is IReader Technology Co's Days Payable too high?
IReader Technology Co's current Days Payable of 85.46 is 15% below median its 10-year median of 100.38. Over the past 10 years, this metric has ranged from a low of 46.02 to a high of 209.29. The Software industry median Days Payable is 52.79. IReader Technology Co's value of 85.46 is 61.9% above this industry median. Based on the distribution chart, IReader Technology Co ranks #861 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, IReader Technology Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IReader Technology Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, IReader Technology Co ranks #861 out of 2608 companies for Days Payable. This puts IReader Technology Co in the upper half of its industry. The industry median Days Payable is 52.79. IReader Technology Co's value of 85.46 is 61.9% above this benchmark. Historically, IReader Technology Co's own Days Payable has ranged from 46.02 to 209.29 over the past decade. While the company's 10-year median is 100.38 vs. the industry median of 52.79, IReader 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 52.79, based on 2,608 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. IReader Technology Co's current Days Payable of 85.46 is 61.9% 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 IReader Technology Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IReader Technology Co's current Days Payable is 85.46, which is 15% below median its own 10-year median of 100.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IReader Technology Co stock overvalued right now?
Based on GuruFocus' analysis, IReader Technology Co (SHSE:603533) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.21, compared to a current price of ¥17.90 — trading 29% below its estimated fair value. The current Days Payable is 85.46, which is 15% below median its 10-year median of 100.38 and 61.9% above the Software industry median of 52.79. IReader Technology Co's overall GF Score™ is 73/100 with 1 warning sign 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 IReader Technology Co (SHSE:603533), the current Days Payable is 85.46 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 IReader Technology Co (SHSE:603533) Overvalued in 2026?
Based on GuruFocus' analysis, IReader Technology Co stock appears to be undervalued.
The current stock price of ¥17.90 is trading 29% below its estimated GF Value™ of ¥25.21.
GuruFocus considers IReader Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603533:
Days Payable: 85.46 (15% below median its 10-year median of 100.38)
GF Value™: ¥25.21 vs. price of ¥17.90 (29% below fair value)
Industry Position: 61.9% above the Software median (#861 of 2608)
No single metric tells the full story. See the SHSE:603533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IReader Technology Co Ltd operates as a mobile software development company. It develops, and markets mobile phone reading application known as iReader e-book reader, a software for mobile reading APP. The app is developed for both android and iPhone platform. Geographically the activities are carried out through China.
73GF Score
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