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Raisecom Technology CoSHSE:603803 +3.63%59 Days Payable is 178.65 as of Mar. 2026, which is 34% above its 10-year median of 132.87. GuruFocus rates SHSE:603803 with a GF Score™ of 59/100 and a GF Value™ of ¥6.56 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,440 Hardware companies, Raisecom Technology Co ranks better than 87.54% on this metric.
* 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:603803 vs CSCO, MSI, HPE: Days Payable Comparison
For the Communication Equipment subindustry, Raisecom 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.
Raisecom Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Raisecom Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Raisecom 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.
Raisecom 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.
Raisecom Technology Co (SHSE:603803) has a Days Payable of 178.65 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 Raisecom Technology Co and its competitors. This is 34% above median its historical median of 132.87. Over the past decade, Raisecom Technology Co's Days Payable has ranged from 92.37 to 212.01. According to the industry distribution chart, Raisecom Technology Co ranks #304 out of 2440 companies in the Hardware industry, placing it in the top 12.5%.
Is Raisecom Technology Co's Days Payable too high?
Raisecom Technology Co's current Days Payable of 178.65 is 34% above median its 10-year median of 132.87. Over the past 10 years, this metric has ranged from a low of 92.37 to a high of 212.01. The Hardware industry median Days Payable is 69.55. Raisecom Technology Co's value of 178.65 is 156.9% above this industry median. Based on the distribution chart, Raisecom Technology Co ranks #304 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Raisecom Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raisecom Technology Co's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Raisecom Technology Co ranks #304 out of 2440 companies for Days Payable. This places Raisecom Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.55. Raisecom Technology Co's value of 178.65 is 156.9% above this benchmark. Historically, Raisecom Technology Co's own Days Payable has ranged from 92.37 to 212.01 over the past decade. While the company's 10-year median is 132.87 vs. the industry median of 69.55, Raisecom 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 69.55, 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. Raisecom Technology Co's current Days Payable of 178.65 is 156.9% 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 Raisecom Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raisecom Technology Co's current Days Payable is 178.65, which is 34% above median its own 10-year median of 132.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raisecom Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raisecom Technology Co (SHSE:603803) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.56, compared to a current price of ¥11.14 — trading 69.8% above its estimated fair value. The current Days Payable is 178.65, which is 34% above median its 10-year median of 132.87 and 156.9% above the Hardware industry median of 69.55. Raisecom Technology Co's overall GF Score™ is 59/100 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 Raisecom Technology Co (SHSE:603803), the current Days Payable is 178.65 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 Raisecom Technology Co (SHSE:603803) Overvalued in 2026?
Based on GuruFocus' analysis, Raisecom Technology Co stock appears to be overvalued.
The current stock price of ¥11.14 is trading 69.8% above its estimated GF Value™ of ¥6.56.
GuruFocus considers Raisecom Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603803:
Days Payable: 178.65 (34% above median its 10-year median of 132.87)
GF Value™: ¥6.56 vs. price of ¥11.14 (69.8% above fair value)
Industry Position: 156.9% above the Hardware median (#304 of 2440)
No single metric tells the full story. See the SHSE:603803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.
59GF Score
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