Advanced Micro-fabrication Equipment (SHSE:688012) Days Payable: 102.42 (As of Mar. 2026) — Near Median


SHSE:688012 Advanced Micro-fabrication Equipment Inc SHSE:688012
86 GF Score
Price ¥434.51
GF Value ¥230.86
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro-fabrication Equipment Days Payable?

Advanced Micro-fabrication Equipment SHSE:688012 -7.86% 86 Days Payable is 102.42 as of Mar. 2026, which is 7% below its 10-year median of 109.72. GuruFocus rates SHSE:688012 with a GF Score™ of 86/100 and a GF Value™ of ¥230.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 996 Semiconductors companies, Advanced Micro-fabrication Equipment ranks better than 76.81% on this metric.

Advanced Micro-fabrication Equipment's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,967 Mil. Advanced Micro-fabrication Equipment's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,752 Mil. Hence, Advanced Micro-fabrication Equipment's Days Payable for the three months ended in Mar. 2026 was 102.42.

The historical rank and industry rank for Advanced Micro-fabrication Equipment's Days Payable or its related term are showing as below:

SHSE:688012' s Days Payable Range Over the Past 10 Years
Min: 82.93   Med: 109.72   Max: 150.89
Current: 95.41

During the past 10 years, Advanced Micro-fabrication Equipment's highest Days Payable was 150.89. The lowest was 82.93. And the median was 109.72.

SHSE:688012's Days Payable is ranked better than
76.81% of 996 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688012: 95.41

Advanced Micro-fabrication Equipment's Days Payable declined from Mar. 2025 (130.91) to Mar. 2026 (102.42). It may suggest that Advanced Micro-fabrication Equipment accelerated paying its suppliers.


Advanced Micro-fabrication Equipment Days Payable Related Terms


Advanced Micro-fabrication Equipment Days Payable Historical Data

* Premium members only.

The historical data trend for Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment Days Payable Chart

Advanced Micro-fabrication Equipment 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 119.92 120.26 117.47 101.96 85.66

Advanced Micro-fabrication Equipment 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 130.91 118.16 108.41 68.90 102.42

SHSE:688012 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.


Advanced Micro-fabrication Equipment Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's Days Payable falls into.


SHSE:688012
86GF Score
Advanced Micro-fabrication Equipment Inc SHSE:688012
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro-fabrication Equipment 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.

Advanced Micro-fabrication Equipment'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
=( (1679.974 + 1856.268) / 2 ) / 7534.139*365
=1768.121 / 7534.139*365
=85.66

Advanced Micro-fabrication Equipment'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
=( (1856.268 + 2076.756) / 2 ) / 1752.124*365 / 4
=1966.512 / 1752.124*365 / 4
=102.42

* 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 102.42 mean?
Advanced Micro-fabrication Equipment (SHSE:688012) has a Days Payable of 102.42 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 Advanced Micro-fabrication Equipment and its competitors. This is near median its historical median of 109.72. Over the past decade, Advanced Micro-fabrication Equipment's Days Payable has ranged from 82.93 to 150.89. According to the industry distribution chart, Advanced Micro-fabrication Equipment ranks #231 out of 996 companies in the Semiconductors industry, placing it in the top 23.2%.
Is Advanced Micro-fabrication Equipment's Days Payable too high?
Advanced Micro-fabrication Equipment's current Days Payable of 102.42 is near median its 10-year median of 109.72. Over the past 10 years, this metric has ranged from a low of 82.93 to a high of 150.89. The Semiconductors industry median Days Payable is 52.98. Advanced Micro-fabrication Equipment's value of 102.42 is 93.3% above this industry median. Based on the distribution chart, Advanced Micro-fabrication Equipment ranks #231 out of 996 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advanced Micro-fabrication Equipment ranks #231 out of 996 companies for Days Payable. This places Advanced Micro-fabrication Equipment in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.98. Advanced Micro-fabrication Equipment's value of 102.42 is 93.3% above this benchmark. Historically, Advanced Micro-fabrication Equipment's own Days Payable has ranged from 82.93 to 150.89 over the past decade. While the company's 10-year median is 109.72 vs. the industry median of 52.98, Advanced Micro-fabrication Equipment 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 52.98, based on 996 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. Advanced Micro-fabrication Equipment's current Days Payable of 102.42 is 93.3% 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 Advanced Micro-fabrication Equipment and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro-fabrication Equipment's current Days Payable is 102.42, which is near median its own 10-year median of 109.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥230.86, compared to a current price of ¥434.51 — trading 88.2% above its estimated fair value. The current Days Payable is 102.42, which is near median its 10-year median of 109.72 and 93.3% above the Semiconductors industry median of 52.98. Advanced Micro-fabrication Equipment's overall GF Score™ is 86/100 with 9 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 Advanced Micro-fabrication Equipment (SHSE:688012), the current Days Payable is 102.42 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 Advanced Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued. The current stock price of ¥434.51 is trading 88.2% above its estimated GF Value™ of ¥230.86. GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688012:

  • Days Payable: 102.42 (near median its 10-year median of 109.72)
  • GF Value™: ¥230.86 vs. price of ¥434.51 (88.2% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 93.3% above the Semiconductors median (#231 of 996)

No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro-fabrication Equipment Business Description

Address No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
86GF Score

Get the complete analysis for SHSE:688012

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

¥434.51
Price
¥230.86
GF Value