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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.
Hangzhou First Applied Material Co Days Payable Chart
SHSE:603806 vs AMAT, LRCX, KLAC: Days Payable Comparison
For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied Material 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.
Hangzhou First Applied Material Co Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hangzhou First Applied Material Co's Days Payable falls into.
Hangzhou First Applied Material 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.
* 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.
Hangzhou First Applied Material Co (SHSE:603806) has a Days Payable of 27.02 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 Hangzhou First Applied Material Co and its competitors. This is 33% below median its historical median of 40.10. Over the past decade, Hangzhou First Applied Material Co's Days Payable has ranged from 21.22 to 59.46. According to the industry distribution chart, Hangzhou First Applied Material Co ranks #867 out of 1004 companies in the Semiconductors industry, placing it in the top 86.4%.
Is Hangzhou First Applied Material Co's Days Payable too high?
Hangzhou First Applied Material Co's current Days Payable of 27.02 is 33% below median its 10-year median of 40.10. Over the past 10 years, this metric has ranged from a low of 21.22 to a high of 59.46. The Semiconductors industry median Days Payable is 53.03. Hangzhou First Applied Material Co's value of 27.02 is 49% below this industry median. Based on the distribution chart, Hangzhou First Applied Material Co ranks #867 out of 1004 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Hangzhou First Applied Material Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou First Applied Material Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Hangzhou First Applied Material Co ranks #867 out of 1004 companies for Days Payable. This places Hangzhou First Applied Material Co in the lower half of its industry. The industry median Days Payable is 53.03. Hangzhou First Applied Material Co's value of 27.02 is 49% below this benchmark. Historically, Hangzhou First Applied Material Co's own Days Payable has ranged from 21.22 to 59.46 over the past decade. While the company's 10-year median is 40.10 vs. the industry median of 53.03, Hangzhou First Applied Material 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.03, based on 1,004 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. Hangzhou First Applied Material Co's current Days Payable of 27.02 is 49% 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 Hangzhou First Applied Material Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou First Applied Material Co's current Days Payable is 27.02, which is 33% below median its own 10-year median of 40.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou First Applied Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co (SHSE:603806) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.30, compared to a current price of ¥15.45 — trading 25.6% above its estimated fair value. The current Days Payable is 27.02, which is 33% below median its 10-year median of 40.10 and 49% below the Semiconductors industry median of 53.03. Hangzhou First Applied Material Co's overall GF Score™ is 87/100 with 5 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 Hangzhou First Applied Material Co (SHSE:603806), the current Days Payable is 27.02 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 Hangzhou First Applied Material Co (SHSE:603806) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co stock appears to be overvalued.
The current stock price of ¥15.45 is trading 25.6% above its estimated GF Value™ of ¥12.30.
GuruFocus considers Hangzhou First Applied Material Co to be Modestly Overvalued.
Key valuation signals for SHSE:603806:
Days Payable: 27.02 (33% below median its 10-year median of 40.10)
GF Value™: ¥12.30 vs. price of ¥15.45 (25.6% above fair value)
Industry Position: 49% below the Semiconductors median (#867 of 1004)
No single metric tells the full story. See the SHSE:603806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou First Applied Material Co Ltd is a China-based company engaged in the production of solar cell adhesive film, solar cell backplane, photosensitive dry film, flexible copper clad laminate, silicone material, hot melt adhesive film (hot melt adhesive), hot melt web film (double-sided adhesive), clothing accessories (lining cloth); sales of solar cell modules, cells, polysilicon, polymer materials, and chemical raw materials and products.
87GF Score
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