Beijing United Information Technology Co (SHSE:603613) Days Payable: 32.12 (As of Mar. 2026) — 46% Above Median

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SHSE:603613 Beijing United Information Technology Co Ltd SHSE:603613
88 GF Score
Price ¥18.17
GF Value ¥25.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Beijing United Information Technology Co Days Payable?

Beijing United Information Technology Co SHSE:603613 +0.94% 88 Days Payable is 32.12 as of Mar. 2026, which is 46% above its 10-year median of 21.99. GuruFocus rates SHSE:603613 with a GF Score™ of 88/100 and a GF Value™ of ¥25.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,610 Software companies, Beijing United Information Technology Co ranks worse than 75.56% on this metric.

Beijing United Information Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,216 Mil. Beijing United Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥9,139 Mil. Hence, Beijing United Information Technology Co's Days Payable for the three months ended in Mar. 2026 was 32.12.

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

SHSE:603613' s Days Payable Range Over the Past 10 Years
Min: 2.8   Med: 21.99   Max: 27.92
Current: 23.79

During the past 13 years, Beijing United Information Technology Co's highest Days Payable was 27.92. The lowest was 2.80. And the median was 21.99.

SHSE:603613's Days Payable is ranked worse than
75.56% of 2610 companies
in the Software industry
Industry Median: 52.785 vs SHSE:603613: 23.79

Beijing United Information Technology Co's Days Payable increased from Mar. 2025 (30.53) to Mar. 2026 (32.12). It may suggest that Beijing United Information Technology Co delayed paying its suppliers.


Beijing United Information Technology Co Days Payable Related Terms


Beijing United Information Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing United Information 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 United Information Technology Co Days Payable Chart

Beijing United Information 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 20.50 27.47 24.50 23.48 26.56

Beijing United Information 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 30.53 22.98 17.24 24.64 32.12

SHSE:603613 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Beijing United Information 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 United Information Technology Co Days Payable vs Software Industry

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

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


SHSE:603613
88GF Score
Beijing United Information Technology Co Ltd SHSE:603613
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing United Information 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 United Information 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
=( (3439.222 + 3500.328) / 2 ) / 47676.537*365
=3469.775 / 47676.537*365
=26.56

Beijing United Information 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
=( (3500.328 + 2932.647) / 2 ) / 9138.669*365 / 4
=3216.4875 / 9138.669*365 / 4
=32.12

* 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 32.12 mean?
Beijing United Information Technology Co (SHSE:603613) has a Days Payable of 32.12 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 United Information Technology Co and its competitors. This is 46% above median its historical median of 21.99. Over the past decade, Beijing United Information Technology Co's Days Payable has ranged from 2.80 to 27.92. According to the industry distribution chart, Beijing United Information Technology Co ranks #1972 out of 2610 companies in the Software industry, placing it in the top 75.6%.
Is Beijing United Information Technology Co's Days Payable too high?
Beijing United Information Technology Co's current Days Payable of 32.12 is 46% above median its 10-year median of 21.99. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 27.92. The Software industry median Days Payable is 52.79. Beijing United Information Technology Co's value of 32.12 is 39.1% below this industry median. Based on the distribution chart, Beijing United Information Technology Co ranks #1972 out of 2610 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Beijing United Information Technology Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing United Information Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Beijing United Information Technology Co ranks #1972 out of 2610 companies for Days Payable. This places Beijing United Information Technology Co in the lower half of its industry. The industry median Days Payable is 52.79. Beijing United Information Technology Co's value of 32.12 is 39.1% below this benchmark. Historically, Beijing United Information Technology Co's own Days Payable has ranged from 2.80 to 27.92 over the past decade. While the company's 10-year median is 21.99 vs. the industry median of 52.79, Beijing United Information Technology Co has consistently been below 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 2,610 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 United Information Technology Co's current Days Payable of 32.12 is 39.1% below 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 United Information 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. Beijing United Information Technology Co's current Days Payable is 32.12, which is 46% above median its own 10-year median of 21.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing United Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing United Information Technology Co (SHSE:603613) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.70, compared to a current price of ¥18.17 — trading 29.3% below its estimated fair value. The current Days Payable is 32.12, which is 46% above median its 10-year median of 21.99 and 39.1% below the Software industry median of 52.79. Beijing United Information Technology Co's overall GF Score™ is 88/100 with 2 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 Beijing United Information Technology Co (SHSE:603613), the current Days Payable is 32.12 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 United Information Technology Co (SHSE:603613) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing United Information Technology Co stock appears to be undervalued. The current stock price of ¥18.17 is trading 29.3% below its estimated GF Value™ of ¥25.70. GuruFocus considers Beijing United Information Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603613:

  • Days Payable: 32.12 (46% above median its 10-year median of 21.99)
  • GF Value™: ¥25.70 vs. price of ¥18.17 (29.3% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 39.1% below the Software median (#1972 of 2610)

No single metric tells the full story. See the SHSE:603613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing United Information Technology Co Business Description

Address No. 1, Shangdi Information Road, Building 703, Building 1, Haidian District, Beijing, CHN
Beijing United Information Technology Co Ltd operates business to business e-commerce platform. The company provides online commodity trading, commercial information services, and Internet technology for industrial products and raw materials for related industries. It also provides online commodity trading services for upstream and downstream industries such as coating chemicals, sanitary products, and glass, including self-operated e-commerce, third-party e-commerce, and SaaS services.
88GF Score

Get the complete analysis for SHSE:603613

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

¥18.17
Price
¥25.70
GF Value