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DBAPPSecurity CoSHSE:688023 -3.09%72 Days Payable is 355.33 as of Mar. 2026, which is 119% above its 10-year median of 162.13. GuruFocus rates SHSE:688023 with a GF Score™ of 72/100 and a GF Value™ of ¥55.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,610 Software companies, DBAPPSecurity Co ranks better than 85.44% on this metric.
The historical rank and industry rank for DBAPPSecurity Co's Days Payable or its related term are showing as below:
SHSE:688023'
s Days Payable Range Over the Past 10 Years
Min: 120.49 Med: 162.13 Max: 265.03
Current: 232.01
During the past 10 years, DBAPPSecurity Co's highest Days Payable was 265.03. The lowest was 120.49. And the median was 162.13.
SHSE:688023's Days Payable is ranked better than 85.44% of 2610
companies
in the Software industry
Industry Median: 52.785
vs SHSE:688023: 232.01
DBAPPSecurity Co's Days Payable
declined
from Mar. 2025 (368.81) to Mar. 2026 (355.33).
It may suggest that DBAPPSecurity Coaccelerated paying its suppliers.
DBAPPSecurity Co Days Payable Related Terms
DBAPPSecurity Co Days Payable Historical Data
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The historical data trend for DBAPPSecurity 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:688023 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, DBAPPSecurity 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.
DBAPPSecurity Co Days Payable vs Software Industry
For the Software industry and Technology sector, DBAPPSecurity Co's Days Payable distribution charts can be found below:
* The bar in red indicates where DBAPPSecurity 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.
DBAPPSecurity 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.
DBAPPSecurity Co (SHSE:688023) has a Days Payable of 355.33 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 DBAPPSecurity Co and its competitors. This is 119% above median its historical median of 162.13. Over the past decade, DBAPPSecurity Co's Days Payable has ranged from 120.49 to 265.03. According to the industry distribution chart, DBAPPSecurity Co ranks #380 out of 2610 companies in the Software industry, placing it in the top 14.6%.
Is DBAPPSecurity Co's Days Payable too high?
DBAPPSecurity Co's current Days Payable of 355.33 is 119% above median its 10-year median of 162.13. Over the past 10 years, this metric has ranged from a low of 120.49 to a high of 265.03. The Software industry median Days Payable is 52.79. DBAPPSecurity Co's value of 355.33 is 573.2% above this industry median. Based on the distribution chart, DBAPPSecurity Co ranks #380 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, DBAPPSecurity Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DBAPPSecurity Co's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, DBAPPSecurity Co ranks #380 out of 2610 companies for Days Payable. This places DBAPPSecurity Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. DBAPPSecurity Co's value of 355.33 is 573.2% above this benchmark. Historically, DBAPPSecurity Co's own Days Payable has ranged from 120.49 to 265.03 over the past decade. While the company's 10-year median is 162.13 vs. the industry median of 52.79, DBAPPSecurity 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. DBAPPSecurity Co's current Days Payable of 355.33 is 573.2% 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 DBAPPSecurity Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DBAPPSecurity Co's current Days Payable is 355.33, which is 119% above median its own 10-year median of 162.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBAPPSecurity Co stock overvalued right now?
Based on GuruFocus' analysis, DBAPPSecurity Co (SHSE:688023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.76, compared to a current price of ¥36.43 — trading 34.7% below its estimated fair value. The current Days Payable is 355.33, which is 119% above median its 10-year median of 162.13 and 573.2% above the Software industry median of 52.79. DBAPPSecurity Co's overall GF Score™ is 72/100 with 4 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 DBAPPSecurity Co (SHSE:688023), the current Days Payable is 355.33 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 DBAPPSecurity Co (SHSE:688023) Overvalued in 2026?
Based on GuruFocus' analysis, DBAPPSecurity Co stock appears to be undervalued.
The current stock price of ¥36.43 is trading 34.7% below its estimated GF Value™ of ¥55.76.
GuruFocus considers DBAPPSecurity Co to be Possible Value Trap.
Key valuation signals for SHSE:688023:
Days Payable: 355.33 (119% above median its 10-year median of 162.13)
GF Value™: ¥55.76 vs. price of ¥36.43 (34.7% below fair value)
Industry Position: 573.2% above the Software median (#380 of 2610)
No single metric tells the full story. See the SHSE:688023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
72GF Score
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