Hillstone Networks Co (SHSE:688030) Days Payable: 332.83 (As of Mar. 2026) — 79% Above Median

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SHSE:688030 Hillstone Networks Co Ltd SHSE:688030
60 GF Score
Price ¥14.36
GF Value ¥21.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Hillstone Networks Co Days Payable?

Hillstone Networks Co SHSE:688030 -1.17% 60 Days Payable is 332.83 as of Mar. 2026, which is 79% above its 10-year median of 185.54. GuruFocus rates SHSE:688030 with a GF Score™ of 60/100 and a GF Value™ of ¥21.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,610 Software companies, Hillstone Networks Co ranks better than 86.78% on this metric.

Hillstone Networks Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥200.2 Mil. Hillstone Networks Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥54.9 Mil. Hence, Hillstone Networks Co's Days Payable for the three months ended in Mar. 2026 was 332.83.

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

SHSE:688030' s Days Payable Range Over the Past 10 Years
Min: 101.32   Med: 185.54   Max: 291.96
Current: 257.2

During the past 10 years, Hillstone Networks Co's highest Days Payable was 291.96. The lowest was 101.32. And the median was 185.54.

SHSE:688030's Days Payable is ranked better than
86.78% of 2610 companies
in the Software industry
Industry Median: 52.785 vs SHSE:688030: 257.20

Hillstone Networks Co's Days Payable declined from Mar. 2025 (429.22) to Mar. 2026 (332.83). It may suggest that Hillstone Networks Co accelerated paying its suppliers.


Hillstone Networks Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hillstone Networks 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.

Hillstone Networks Co Days Payable Chart

Hillstone Networks 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 234.38 228.47 175.41 229.40 291.96

Hillstone Networks 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 429.22 273.38 219.74 249.47 332.83

SHSE:688030 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Hillstone Networks 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.


Hillstone Networks Co Days Payable vs Software Industry

For the Software industry and Technology sector, Hillstone Networks Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hillstone Networks Co's Days Payable falls into.


SHSE:688030
60GF Score
Hillstone Networks Co Ltd SHSE:688030
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hillstone Networks 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.

Hillstone Networks 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
=( (239.59 + 236.827) / 2 ) / 297.801*365
=238.2085 / 297.801*365
=291.96

Hillstone Networks 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
=( (236.827 + 163.559) / 2 ) / 54.886*365 / 4
=200.193 / 54.886*365 / 4
=332.83

* 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 332.83 mean?
Hillstone Networks Co (SHSE:688030) has a Days Payable of 332.83 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 Hillstone Networks Co and its competitors. This is 79% above median its historical median of 185.54. Over the past decade, Hillstone Networks Co's Days Payable has ranged from 101.32 to 291.96. According to the industry distribution chart, Hillstone Networks Co ranks #345 out of 2610 companies in the Software industry, placing it in the top 13.2%.
Is Hillstone Networks Co's Days Payable too high?
Hillstone Networks Co's current Days Payable of 332.83 is 79% above median its 10-year median of 185.54. Over the past 10 years, this metric has ranged from a low of 101.32 to a high of 291.96. The Software industry median Days Payable is 52.79. Hillstone Networks Co's value of 332.83 is 530.5% above this industry median. Based on the distribution chart, Hillstone Networks Co ranks #345 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hillstone Networks Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hillstone Networks Co's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Hillstone Networks Co ranks #345 out of 2610 companies for Days Payable. This places Hillstone Networks Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Hillstone Networks Co's value of 332.83 is 530.5% above this benchmark. Historically, Hillstone Networks Co's own Days Payable has ranged from 101.32 to 291.96 over the past decade. While the company's 10-year median is 185.54 vs. the industry median of 52.79, Hillstone Networks 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. Hillstone Networks Co's current Days Payable of 332.83 is 530.5% 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 Hillstone Networks 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. Hillstone Networks Co's current Days Payable is 332.83, which is 79% above median its own 10-year median of 185.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillstone Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Hillstone Networks Co (SHSE:688030) is currently considered Possible Value Trap. The stock's GF Value™ is ¥21.97, compared to a current price of ¥14.36 — trading 34.6% below its estimated fair value. The current Days Payable is 332.83, which is 79% above median its 10-year median of 185.54 and 530.5% above the Software industry median of 52.79. Hillstone Networks Co's overall GF Score™ is 60/100 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 Hillstone Networks Co (SHSE:688030), the current Days Payable is 332.83 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 Hillstone Networks Co (SHSE:688030) Overvalued in 2026?

Based on GuruFocus' analysis, Hillstone Networks Co stock appears to be undervalued. The current stock price of ¥14.36 is trading 34.6% below its estimated GF Value™ of ¥21.97. GuruFocus considers Hillstone Networks Co to be Possible Value Trap.

Key valuation signals for SHSE:688030:

  • Days Payable: 332.83 (79% above median its 10-year median of 185.54)
  • GF Value™: ¥21.97 vs. price of ¥14.36 (34.6% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 530.5% above the Software median (#345 of 2610)

No single metric tells the full story. See the SHSE:688030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hillstone Networks Co Business Description

Address No. 181, Jingrun Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215153
Hillstone Networks Co Ltd is a provider of enterprise network security and risk management solutions. Its customers include financial and educational institutions, government and service providers. The company offers visibility, intelligence and protection to ensure enterprises can comprehensively see, thoroughly understand and rapidly act against cyber-threats.
60GF Score

Get the complete analysis for SHSE:688030

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

¥14.36
Price
¥21.97
GF Value