Shanghai AtHub Co (SHSE:603881) Days Payable: 113.82 (As of Mar. 2026) — 47% Below Median

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SHSE:603881 Shanghai AtHub Co Ltd SHSE:603881
79 GF Score
Price ¥24.48
GF Value ¥13.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shanghai AtHub Co Days Payable?

Shanghai AtHub Co SHSE:603881 +1.07% 79 Days Payable is 113.82 as of Mar. 2026, which is 47% below its 10-year median of 216.45. GuruFocus rates SHSE:603881 with a GF Score™ of 79/100 and a GF Value™ of ¥13.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,611 Software companies, Shanghai AtHub Co ranks better than 76.14% on this metric.

Shanghai AtHub Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥324 Mil. Shanghai AtHub Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥259 Mil. Hence, Shanghai AtHub Co's Days Payable for the three months ended in Mar. 2026 was 113.82.

The historical rank and industry rank for Shanghai AtHub Co's Days Payable or its related term are showing as below:

SHSE:603881' s Days Payable Range Over the Past 10 Years
Min: 117.79   Med: 216.45   Max: 639.43
Current: 134.3

During the past 13 years, Shanghai AtHub Co's highest Days Payable was 639.43. The lowest was 117.79. And the median was 216.45.

SHSE:603881's Days Payable is ranked better than
76.14% of 2611 companies
in the Software industry
Industry Median: 52.78 vs SHSE:603881: 134.30

Shanghai AtHub Co's Days Payable declined from Mar. 2025 (130.54) to Mar. 2026 (113.82). It may suggest that Shanghai AtHub Co accelerated paying its suppliers.


Shanghai AtHub Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai AtHub 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.

Shanghai AtHub Co Days Payable Chart

Shanghai AtHub 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 543.66 274.07 145.29 117.79 148.93

Shanghai AtHub 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 130.54 129.38 133.56 222.07 113.82

SHSE:603881 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Shanghai AtHub 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.


Shanghai AtHub Co Days Payable vs Software Industry

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

* The bar in red indicates where Shanghai AtHub Co's Days Payable falls into.


SHSE:603881
79GF Score
Shanghai AtHub Co Ltd SHSE:603881
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai AtHub 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.

Shanghai AtHub 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
=( (422.995 + 453.841) / 2 ) / 1074.459*365
=438.418 / 1074.459*365
=148.93

Shanghai AtHub 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
=( (453.841 + 193.462) / 2 ) / 259.473*365 / 4
=323.6515 / 259.473*365 / 4
=113.82

* 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 113.82 mean?
Shanghai AtHub Co (SHSE:603881) has a Days Payable of 113.82 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 Shanghai AtHub Co and its competitors. This is 47% below median its historical median of 216.45. Over the past decade, Shanghai AtHub Co's Days Payable has ranged from 117.79 to 639.43. According to the industry distribution chart, Shanghai AtHub Co ranks #623 out of 2611 companies in the Software industry, placing it in the top 23.9%.
Is Shanghai AtHub Co's Days Payable too high?
Shanghai AtHub Co's current Days Payable of 113.82 is 47% below median its 10-year median of 216.45. Over the past 10 years, this metric has ranged from a low of 117.79 to a high of 639.43. The Software industry median Days Payable is 52.78. Shanghai AtHub Co's value of 113.82 is 115.6% above this industry median. Based on the distribution chart, Shanghai AtHub Co ranks #623 out of 2611 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai AtHub Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai AtHub Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Shanghai AtHub Co ranks #623 out of 2611 companies for Days Payable. This places Shanghai AtHub Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.78. Shanghai AtHub Co's value of 113.82 is 115.6% above this benchmark. Historically, Shanghai AtHub Co's own Days Payable has ranged from 117.79 to 639.43 over the past decade. While the company's 10-year median is 216.45 vs. the industry median of 52.78, Shanghai AtHub 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 52.78, based on 2,611 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. Shanghai AtHub Co's current Days Payable of 113.82 is 115.6% 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 Shanghai AtHub Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai AtHub Co's current Days Payable is 113.82, which is 47% below median its own 10-year median of 216.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai AtHub Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai AtHub Co (SHSE:603881) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.37, compared to a current price of ¥24.48 — trading 83.1% above its estimated fair value. The current Days Payable is 113.82, which is 47% below median its 10-year median of 216.45 and 115.6% above the Software industry median of 52.78. Shanghai AtHub Co's overall GF Score™ is 79/100 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 Shanghai AtHub Co (SHSE:603881), the current Days Payable is 113.82 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 Shanghai AtHub Co (SHSE:603881) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai AtHub Co stock appears to be overvalued. The current stock price of ¥24.48 is trading 83.1% above its estimated GF Value™ of ¥13.37. GuruFocus considers Shanghai AtHub Co to be Significantly Overvalued.

Key valuation signals for SHSE:603881:

  • Days Payable: 113.82 (47% below median its 10-year median of 216.45)
  • GF Value™: ¥13.37 vs. price of ¥24.48 (83.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 115.6% above the Software median (#623 of 2611)

No single metric tells the full story. See the SHSE:603881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai AtHub Co Business Description

Address No. 166, Jiangchang 3rd Road, Jing\'an District, Shanghai, CHN, 200436
Shanghai AtHub Co Ltd is a China based internet infrastructure service provider. It is engaged in the data center customized business. The company offers services like data center planning consulting, customizing data center and operational and management support services.
79GF Score

Get the complete analysis for SHSE:603881

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

¥24.48
Price
¥13.37
GF Value