Shenzhen Leading Semiconductor Industry Co (SHSE:603991) Days Payable: 80.33 (As of Mar. 2026) — 33% Above Median

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SHSE:603991 Shenzhen Leading Semiconductor Industry Co Ltd SHSE:603991
70 GF Score
Price ¥134.54
GF Value ¥168.50
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shenzhen Leading Semiconductor Industry Co Days Payable?

Shenzhen Leading Semiconductor Industry Co SHSE:603991 +0.55% 70 Days Payable is 80.33 as of Mar. 2026, which is 33% above its 10-year median of 60.20. GuruFocus rates SHSE:603991 with a GF Score™ of 70/100 and a GF Value™ of ¥168.50 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,004 Semiconductors companies, Shenzhen Leading Semiconductor Industry Co ranks better than 75.1% on this metric.

Shenzhen Leading Semiconductor Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥662 Mil. Shenzhen Leading Semiconductor Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥752 Mil. Hence, Shenzhen Leading Semiconductor Industry Co's Days Payable for the three months ended in Mar. 2026 was 80.33.

The historical rank and industry rank for Shenzhen Leading Semiconductor Industry Co's Days Payable or its related term are showing as below:

SHSE:603991' s Days Payable Range Over the Past 10 Years
Min: 38.45   Med: 60.2   Max: 275.42
Current: 91.02

During the past 13 years, Shenzhen Leading Semiconductor Industry Co's highest Days Payable was 275.42. The lowest was 38.45. And the median was 60.20.

SHSE:603991's Days Payable is ranked better than
75.1% of 1004 companies
in the Semiconductors industry
Industry Median: 52.895 vs SHSE:603991: 91.02

Shenzhen Leading Semiconductor Industry Co's Days Payable declined from Mar. 2025 (106.18) to Mar. 2026 (80.33). It may suggest that Shenzhen Leading Semiconductor Industry Co accelerated paying its suppliers.


Shenzhen Leading Semiconductor Industry Co Days Payable Related Terms


Shenzhen Leading Semiconductor Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Leading Semiconductor Industry 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.

Shenzhen Leading Semiconductor Industry Co Days Payable Chart

Shenzhen Leading Semiconductor Industry 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 109.94 79.68 67.19 64.97 275.42

Shenzhen Leading Semiconductor Industry 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 106.18 85.54 87.57 94.02 80.33

SHSE:603991 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Shenzhen Leading Semiconductor Industry 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.


Shenzhen Leading Semiconductor Industry Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Leading Semiconductor Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Leading Semiconductor Industry Co's Days Payable falls into.


SHSE:603991
70GF Score
Shenzhen Leading Semiconductor Industry Co Ltd SHSE:603991
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Leading Semiconductor Industry 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.

Shenzhen Leading Semiconductor Industry 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
=( (64.152 + 627.758) / 2 ) / 458.479*365
=345.955 / 458.479*365
=275.42

Shenzhen Leading Semiconductor Industry 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
=( (627.758 + 696.444) / 2 ) / 752.135*365 / 4
=662.101 / 752.135*365 / 4
=80.33

* 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 80.33 mean?
Shenzhen Leading Semiconductor Industry Co (SHSE:603991) has a Days Payable of 80.33 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 Shenzhen Leading Semiconductor Industry Co and its competitors. This is 33% above median its historical median of 60.20. Over the past decade, Shenzhen Leading Semiconductor Industry Co's Days Payable has ranged from 38.45 to 275.42. According to the industry distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #250 out of 1004 companies in the Semiconductors industry, placing it in the top 24.9%.
Is Shenzhen Leading Semiconductor Industry Co's Days Payable too high?
Shenzhen Leading Semiconductor Industry Co's current Days Payable of 80.33 is 33% above median its 10-year median of 60.20. Over the past 10 years, this metric has ranged from a low of 38.45 to a high of 275.42. The Semiconductors industry median Days Payable is 52.90. Shenzhen Leading Semiconductor Industry Co's value of 80.33 is 51.9% above this industry median. Based on the distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #250 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Leading Semiconductor Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Leading Semiconductor Industry Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #250 out of 1004 companies for Days Payable. This places Shenzhen Leading Semiconductor Industry Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.90. Shenzhen Leading Semiconductor Industry Co's value of 80.33 is 51.9% above this benchmark. Historically, Shenzhen Leading Semiconductor Industry Co's own Days Payable has ranged from 38.45 to 275.42 over the past decade. While the company's 10-year median is 60.20 vs. the industry median of 52.90, Shenzhen Leading Semiconductor Industry 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.90, 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. Shenzhen Leading Semiconductor Industry Co's current Days Payable of 80.33 is 51.9% 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 Shenzhen Leading Semiconductor Industry Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Leading Semiconductor Industry Co's current Days Payable is 80.33, which is 33% above median its own 10-year median of 60.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Leading Semiconductor Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Leading Semiconductor Industry Co (SHSE:603991) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥168.50, compared to a current price of ¥134.54 — trading 20.2% below its estimated fair value. The current Days Payable is 80.33, which is 33% above median its 10-year median of 60.20 and 51.9% above the Semiconductors industry median of 52.90. Shenzhen Leading Semiconductor Industry Co's overall GF Score™ is 70/100 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 Shenzhen Leading Semiconductor Industry Co (SHSE:603991), the current Days Payable is 80.33 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 Shenzhen Leading Semiconductor Industry Co (SHSE:603991) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Leading Semiconductor Industry Co stock appears to be undervalued. The current stock price of ¥134.54 is trading 20.2% below its estimated GF Value™ of ¥168.50. GuruFocus considers Shenzhen Leading Semiconductor Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:603991:

  • Days Payable: 80.33 (33% above median its 10-year median of 60.20)
  • GF Value™: ¥168.50 vs. price of ¥134.54 (20.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 51.9% above the Semiconductors median (#250 of 1004)

No single metric tells the full story. See the SHSE:603991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Leading Semiconductor Industry Co Business Description

Address No. 1 Enping Street, Room 304, Building E4, Eastern Industrial Zone, Guanghua Street Community, Shahe Subdistrict, Nanshan District, Shenzhen, CHN
Shenzhen Leading Semiconductor Industry Co Ltd is engaged in the sales of self-produced products, the import and export of goods and technologies, and semiconductor device manufacturing. The company operates in the manufacturing of specialized semiconductor device equipment and electronic equipment, the development of basic and application artificial intelligence software, and the research, development, and production of electronic specialty materials. It also provides technical services, technology development, and information system operation and maintenance services.
70GF Score

Get the complete analysis for SHSE:603991

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

¥134.54
Price
¥168.50
GF Value