Montage Technology Co (SHSE:688008) Days Payable: 47.06 (As of Mar. 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688008 Montage Technology Co Ltd SHSE:688008
84 GF Score
Price ¥211.13
GF Value ¥134.97
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Montage Technology Co Days Payable?

Montage Technology Co SHSE:688008 -16.44% 84 Days Payable is 47.06 as of Mar. 2026, which is 26% below its 10-year median of 63.70. GuruFocus rates SHSE:688008 with a GF Score™ of 84/100 and a GF Value™ of ¥134.97 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 999 Semiconductors companies, Montage Technology Co ranks worse than 65.27% on this metric.

Montage Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥228 Mil. Montage Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥441 Mil. Hence, Montage Technology Co's Days Payable for the three months ended in Mar. 2026 was 47.06.

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

SHSE:688008' s Days Payable Range Over the Past 10 Years
Min: 37.14   Med: 63.7   Max: 99.33
Current: 40.12

During the past 10 years, Montage Technology Co's highest Days Payable was 99.33. The lowest was 37.14. And the median was 63.70.

SHSE:688008's Days Payable is ranked worse than
65.27% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs SHSE:688008: 40.12

Montage Technology Co's Days Payable increased from Mar. 2025 (39.21) to Mar. 2026 (47.06). It may suggest that Montage Technology Co delayed paying its suppliers.


Montage Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Montage 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.

Montage Technology Co Days Payable Chart

Montage Technology 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 40.14 37.48 63.79 41.00 37.14

Montage Technology 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 39.21 28.55 39.33 47.10 47.06

SHSE:688008 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Montage 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.


Montage Technology Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Montage Technology Co's Days Payable falls into.


SHSE:688008
84GF Score
Montage Technology Co Ltd SHSE:688008
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Montage 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.

Montage Technology 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
=( (211.154 + 208.234) / 2 ) / 2060.961*365
=209.694 / 2060.961*365
=37.14

Montage Technology 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
=( (208.234 + 246.949) / 2 ) / 441.309*365 / 4
=227.5915 / 441.309*365 / 4
=47.06

* 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 47.06 mean?
Montage Technology Co (SHSE:688008) has a Days Payable of 47.06 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 Montage Technology Co and its competitors. This is 26% below median its historical median of 63.70. Over the past decade, Montage Technology Co's Days Payable has ranged from 37.14 to 99.33. According to the industry distribution chart, Montage Technology Co ranks #652 out of 999 companies in the Semiconductors industry, placing it in the top 65.3%.
Is Montage Technology Co's Days Payable too high?
Montage Technology Co's current Days Payable of 47.06 is 26% below median its 10-year median of 63.70. Over the past 10 years, this metric has ranged from a low of 37.14 to a high of 99.33. The Semiconductors industry median Days Payable is 53.16. Montage Technology Co's value of 47.06 is 11.5% below this industry median. Based on the distribution chart, Montage Technology Co ranks #652 out of 999 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Montage Technology Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montage Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Montage Technology Co ranks #652 out of 999 companies for Days Payable. This places Montage Technology Co in the lower half of its industry. The industry median Days Payable is 53.16. Montage Technology Co's value of 47.06 is 11.5% below this benchmark. Historically, Montage Technology Co's own Days Payable has ranged from 37.14 to 99.33 over the past decade. While the company's 10-year median is 63.70 vs. the industry median of 53.16, Montage Technology Co has consistently been below 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 53.16, based on 999 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. Montage Technology Co's current Days Payable of 47.06 is 11.5% below 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 Montage Technology Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montage Technology Co's current Days Payable is 47.06, which is 26% below median its own 10-year median of 63.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montage Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Montage Technology Co (SHSE:688008) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥134.97, compared to a current price of ¥211.13 — trading 56.4% above its estimated fair value. The current Days Payable is 47.06, which is 26% below median its 10-year median of 63.70 and 11.5% below the Semiconductors industry median of 53.16. Montage Technology Co's overall GF Score™ is 84/100 with 7 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 Montage Technology Co (SHSE:688008), the current Days Payable is 47.06 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 Montage Technology Co (SHSE:688008) Overvalued in 2026?

Based on GuruFocus' analysis, Montage Technology Co stock appears to be overvalued. The current stock price of ¥211.13 is trading 56.4% above its estimated GF Value™ of ¥134.97. GuruFocus considers Montage Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688008:

  • Days Payable: 47.06 (26% below median its 10-year median of 63.70)
  • GF Value™: ¥134.97 vs. price of ¥211.13 (56.4% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 11.5% below the Semiconductors median (#652 of 999)

No single metric tells the full story. See the SHSE:688008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Montage Technology Co Business Description

Address No. 181 Caobao Road, 15th Floor, Building 1, Xuhui District, Shanghai, CHN, 200233
Montage Technology Co Ltd provides chip-based solutions for cloud computing and artificial intelligence. The company operates two main product lines: interconnection chips and the Jindai Server Platform. Its interconnection chip portfolio covers memory interface chips, memory module support chips, PCIe retimers, and related products. The Jindai Server Platform includes the Jindai CPU and Hybrid Secure Memory Module. Geographically, company operates in Mainland China and Hong Kong and others segment.
84GF Score

Get the complete analysis for SHSE:688008

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

¥211.13
Price
¥134.97
GF Value