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ENC Digital Technology CoSHSE:603869 -5.83%61 Days Payable is 624.83 as of Mar. 2026, which is 164% above its 10-year median of 236.24. GuruFocus rates SHSE:603869 with a GF Score™ of 61/100 and a GF Value™ of ¥6.77 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,608 Software companies, ENC Digital Technology Co ranks better than 90.53% 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:603869 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, ENC Digital 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.
ENC Digital Technology Co Days Payable vs Software Industry
For the Software industry and Technology sector, ENC Digital Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where ENC Digital Technology Co's Days Payable falls into.
ENC Digital 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.
ENC Digital 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.
ENC Digital Technology Co (SHSE:603869) has a Days Payable of 624.83 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 ENC Digital Technology Co and its competitors. This is 164% above median its historical median of 236.24. Over the past decade, ENC Digital Technology Co's Days Payable has ranged from 91.20 to 431.45. According to the industry distribution chart, ENC Digital Technology Co ranks #247 out of 2608 companies in the Software industry, placing it in the top 9.5%.
Is ENC Digital Technology Co's Days Payable too high?
ENC Digital Technology Co's current Days Payable of 624.83 is 164% above median its 10-year median of 236.24. Over the past 10 years, this metric has ranged from a low of 91.20 to a high of 431.45. The Software industry median Days Payable is 52.79. ENC Digital Technology Co's value of 624.83 is 1083.7% above this industry median. Based on the distribution chart, ENC Digital Technology Co ranks #247 out of 2608 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ENC Digital Technology Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENC Digital Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, ENC Digital Technology Co ranks #247 out of 2608 companies for Days Payable. This places ENC Digital Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. ENC Digital Technology Co's value of 624.83 is 1083.7% above this benchmark. Historically, ENC Digital Technology Co's own Days Payable has ranged from 91.20 to 431.45 over the past decade. While the company's 10-year median is 236.24 vs. the industry median of 52.79, ENC Digital 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. ENC Digital Technology Co's current Days Payable of 624.83 is 1083.7% 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 ENC Digital 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. ENC Digital Technology Co's current Days Payable is 624.83, which is 164% above median its own 10-year median of 236.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENC Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ENC Digital Technology Co (SHSE:603869) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.77, compared to a current price of ¥7.76 — trading 14.6% above its estimated fair value. The current Days Payable is 624.83, which is 164% above median its 10-year median of 236.24 and 1083.7% above the Software industry median of 52.79. ENC Digital Technology Co's overall GF Score™ is 61/100 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 ENC Digital Technology Co (SHSE:603869), the current Days Payable is 624.83 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 ENC Digital Technology Co (SHSE:603869) Overvalued in 2026?
Based on GuruFocus' analysis, ENC Digital Technology Co stock appears to be overvalued.
The current stock price of ¥7.76 is trading 14.6% above its estimated GF Value™ of ¥6.77.
GuruFocus considers ENC Digital Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:603869:
Days Payable: 624.83 (164% above median its 10-year median of 236.24)
GF Value™: ¥6.77 vs. price of ¥7.76 (14.6% above fair value)
Industry Position: 1083.7% above the Software median (#247 of 2608)
No single metric tells the full story. See the SHSE:603869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENC Digital Technology Co Ltd operates in the Digital industry. Its products include Synthetic command system, Intelligent algorithm platform, Big data fusion service platform.
61GF Score
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