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Raytron Technology CoSHSE:688002 -3.97%88 Days Payable is 148.90 as of Mar. 2026, which is 6% below its 10-year median of 158.86. GuruFocus rates SHSE:688002 with a GF Score™ of 88/100 and a GF Value™ of ¥94.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Raytron Technology Co ranks better than 81.87% on this metric.
Raytron Technology Co Days Payable Historical Data
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The historical data trend for Raytron Technology 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.
For the Electronic Components subindustry, Raytron 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.
Raytron Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Raytron Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Raytron Technology 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.
Raytron 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.
Raytron Technology Co (SHSE:688002) has a Days Payable of 148.90 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 Raytron Technology Co and its competitors. This is near median its historical median of 158.86. Over the past decade, Raytron Technology Co's Days Payable has ranged from 91.74 to 218.63. According to the industry distribution chart, Raytron Technology Co ranks #443 out of 2443 companies in the Hardware industry, placing it in the top 18.1%.
Is Raytron Technology Co's Days Payable too high?
Raytron Technology Co's current Days Payable of 148.90 is near median its 10-year median of 158.86. Over the past 10 years, this metric has ranged from a low of 91.74 to a high of 218.63. The Hardware industry median Days Payable is 69.89. Raytron Technology Co's value of 148.90 is 113% above this industry median. Based on the distribution chart, Raytron Technology Co ranks #443 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Raytron Technology Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raytron Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Raytron Technology Co ranks #443 out of 2443 companies for Days Payable. This places Raytron Technology Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Raytron Technology Co's value of 148.90 is 113% above this benchmark. Historically, Raytron Technology Co's own Days Payable has ranged from 91.74 to 218.63 over the past decade. While the company's 10-year median is 158.86 vs. the industry median of 69.89, Raytron 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Raytron Technology Co's current Days Payable of 148.90 is 113% 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 Raytron Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytron Technology Co's current Days Payable is 148.90, which is near median its own 10-year median of 158.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raytron Technology Co (SHSE:688002) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥94.24, compared to a current price of ¥135.88 — trading 44.2% above its estimated fair value. The current Days Payable is 148.90, which is near median its 10-year median of 158.86 and 113% above the Hardware industry median of 69.89. Raytron Technology Co's overall GF Score™ is 88/100 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 Raytron Technology Co (SHSE:688002), the current Days Payable is 148.90 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 Raytron Technology Co (SHSE:688002) Overvalued in 2026?
Based on GuruFocus' analysis, Raytron Technology Co stock appears to be overvalued.
The current stock price of ¥135.88 is trading 44.2% above its estimated GF Value™ of ¥94.24.
GuruFocus considers Raytron Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688002:
Days Payable: 148.90 (near median its 10-year median of 158.86)
GF Value™: ¥94.24 vs. price of ¥135.88 (44.2% above fair value)
Industry Position: 113% above the Hardware median (#443 of 2443)
No single metric tells the full story. See the SHSE:688002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raytron Technology Co Ltd is engaged in the research and development, production and sales of infrared MEMS chips, detectors, movements and complete machines.
88GF Score
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