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Ways Electron CoSHSE:605218 -0.58%74 Days Payable is 130.86 as of Mar. 2026, which is 51% above its 10-year median of 86.40. GuruFocus rates SHSE:605218 with a GF Score™ of 74/100 and a GF Value™ of ¥27.19 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,441 Hardware companies, Ways Electron Co ranks better than 71.81% on this metric.
The historical rank and industry rank for Ways Electron Co's Days Payable or its related term are showing as below:
SHSE:605218'
s Days Payable Range Over the Past 10 Years
Min: 71.13 Med: 86.4 Max: 122.98
Current: 108.56
During the past 10 years, Ways Electron Co's highest Days Payable was 122.98. The lowest was 71.13. And the median was 86.40.
SHSE:605218's Days Payable is ranked better than 71.81% of 2441
companies
in the Hardware industry
Industry Median: 70.03
vs SHSE:605218: 108.56
Ways Electron Co's Days Payable
declined
from Mar. 2025 (130.94) to Mar. 2026 (130.86).
It may suggest that Ways Electron Coaccelerated paying its suppliers.
The historical data trend for Ways Electron 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.
SHSE:605218 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Ways Electron 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.
Ways Electron Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Ways Electron Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ways Electron 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.
Ways Electron 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.
Ways Electron Co (SHSE:605218) has a Days Payable of 130.86 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 Ways Electron Co and its competitors. This is 51% above median its historical median of 86.40. Over the past decade, Ways Electron Co's Days Payable has ranged from 71.13 to 122.98. According to the industry distribution chart, Ways Electron Co ranks #688 out of 2441 companies in the Hardware industry, placing it in the top 28.2%.
Is Ways Electron Co's Days Payable too high?
Ways Electron Co's current Days Payable of 130.86 is 51% above median its 10-year median of 86.40. Over the past 10 years, this metric has ranged from a low of 71.13 to a high of 122.98. The Hardware industry median Days Payable is 70.03. Ways Electron Co's value of 130.86 is 86.9% above this industry median. Based on the distribution chart, Ways Electron Co ranks #688 out of 2441 companies in the Hardware industry, which is above the industry midpoint. Overall, Ways Electron Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ways Electron Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Ways Electron Co ranks #688 out of 2441 companies for Days Payable. This puts Ways Electron Co in the upper half of its industry. The industry median Days Payable is 70.03. Ways Electron Co's value of 130.86 is 86.9% above this benchmark. Historically, Ways Electron Co's own Days Payable has ranged from 71.13 to 122.98 over the past decade. While the company's 10-year median is 86.40 vs. the industry median of 70.03, Ways Electron 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 70.03, based on 2,441 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. Ways Electron Co's current Days Payable of 130.86 is 86.9% 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 Ways Electron Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ways Electron Co's current Days Payable is 130.86, which is 51% above median its own 10-year median of 86.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ways Electron Co stock overvalued right now?
Based on GuruFocus' analysis, Ways Electron Co (SHSE:605218) is currently considered Possible Value Trap. The stock's GF Value™ is ¥27.19, compared to a current price of ¥13.63 — trading 49.9% below its estimated fair value. The current Days Payable is 130.86, which is 51% above median its 10-year median of 86.40 and 86.9% above the Hardware industry median of 70.03. Ways Electron Co's overall GF Score™ is 74/100 with 8 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 Ways Electron Co (SHSE:605218), the current Days Payable is 130.86 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 Ways Electron Co (SHSE:605218) Overvalued in 2026?
Based on GuruFocus' analysis, Ways Electron Co stock appears to be undervalued.
The current stock price of ¥13.63 is trading 49.9% below its estimated GF Value™ of ¥27.19.
GuruFocus considers Ways Electron Co to be Possible Value Trap.
Key valuation signals for SHSE:605218:
Days Payable: 130.86 (51% above median its 10-year median of 86.40)
GF Value™: ¥27.19 vs. price of ¥13.63 (49.9% below fair value)
Industry Position: 86.9% above the Hardware median (#688 of 2441)
No single metric tells the full story. See the SHSE:605218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ways Electron Co Ltd is engaged in production and sales of backlight display modules, liquid crystal display modules and other products. The company specializes in the research & development, designing, manufacturing and sales area which focus on the products such as Backlight module, Liquid crystal module, Touch screen, related hardware parts and Rubber rollers of OA equipment such as printer.
74GF Score
Get the complete analysis for SHSE:605218
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