Hangzhou Arcvideo Technology Co (SHSE:688039) Days Payable: 282.96 (As of Mar. 2026) — 34% Above 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:688039 Hangzhou Arcvideo Technology Co Ltd SHSE:688039
80 GF Score
Price ¥31.29
GF Value ¥42.45
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hangzhou Arcvideo Technology Co Days Payable?

Hangzhou Arcvideo Technology Co SHSE:688039 -5.18% 80 Days Payable is 282.96 as of Mar. 2026, which is 34% above its 10-year median of 210.95. GuruFocus rates SHSE:688039 with a GF Score™ of 80/100 and a GF Value™ of ¥42.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,608 Software companies, Hangzhou Arcvideo Technology Co ranks better than 84.7% on this metric.

Hangzhou Arcvideo Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥166.3 Mil. Hangzhou Arcvideo Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥53.6 Mil. Hence, Hangzhou Arcvideo Technology Co's Days Payable for the three months ended in Mar. 2026 was 282.96.

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

SHSE:688039' s Days Payable Range Over the Past 10 Years
Min: 67.36   Med: 210.95   Max: 297.9
Current: 219.64

During the past 10 years, Hangzhou Arcvideo Technology Co's highest Days Payable was 297.90. The lowest was 67.36. And the median was 210.95.

SHSE:688039's Days Payable is ranked better than
84.7% of 2608 companies
in the Software industry
Industry Median: 52.785 vs SHSE:688039: 219.64

Hangzhou Arcvideo Technology Co's Days Payable declined from Mar. 2025 (517.01) to Mar. 2026 (282.96). It may suggest that Hangzhou Arcvideo Technology Co accelerated paying its suppliers.


Hangzhou Arcvideo Technology Co Days Payable Related Terms


Hangzhou Arcvideo Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hangzhou Arcvideo 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.

Hangzhou Arcvideo Technology Co Days Payable Chart

Hangzhou Arcvideo 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 256.06 259.59 244.79 284.38 297.90

Hangzhou Arcvideo 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 517.01 206.62 203.91 200.56 282.96

SHSE:688039 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Hangzhou Arcvideo 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.


Hangzhou Arcvideo Technology Co Days Payable vs Software Industry

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

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


SHSE:688039
80GF Score
Hangzhou Arcvideo Technology Co Ltd SHSE:688039
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Arcvideo 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.

Hangzhou Arcvideo 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
=( (137.677 + 193.586) / 2 ) / 202.942*365
=165.6315 / 202.942*365
=297.90

Hangzhou Arcvideo 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
=( (193.586 + 139.087) / 2 ) / 53.64*365 / 4
=166.3365 / 53.64*365 / 4
=282.96

* 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 282.96 mean?
Hangzhou Arcvideo Technology Co (SHSE:688039) has a Days Payable of 282.96 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 Hangzhou Arcvideo Technology Co and its competitors. This is 34% above median its historical median of 210.95. Over the past decade, Hangzhou Arcvideo Technology Co's Days Payable has ranged from 67.36 to 297.90. According to the industry distribution chart, Hangzhou Arcvideo Technology Co ranks #399 out of 2608 companies in the Software industry, placing it in the top 15.3%.
Is Hangzhou Arcvideo Technology Co's Days Payable too high?
Hangzhou Arcvideo Technology Co's current Days Payable of 282.96 is 34% above median its 10-year median of 210.95. Over the past 10 years, this metric has ranged from a low of 67.36 to a high of 297.90. The Software industry median Days Payable is 52.79. Hangzhou Arcvideo Technology Co's value of 282.96 is 436.1% above this industry median. Based on the distribution chart, Hangzhou Arcvideo Technology Co ranks #399 out of 2608 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Arcvideo Technology Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Arcvideo Technology Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Hangzhou Arcvideo Technology Co ranks #399 out of 2608 companies for Days Payable. This places Hangzhou Arcvideo Technology Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Hangzhou Arcvideo Technology Co's value of 282.96 is 436.1% above this benchmark. Historically, Hangzhou Arcvideo Technology Co's own Days Payable has ranged from 67.36 to 297.90 over the past decade. While the company's 10-year median is 210.95 vs. the industry median of 52.79, Hangzhou Arcvideo 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,608 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. Hangzhou Arcvideo Technology Co's current Days Payable of 282.96 is 436.1% 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 Hangzhou Arcvideo Technology 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. Hangzhou Arcvideo Technology Co's current Days Payable is 282.96, which is 34% above median its own 10-year median of 210.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Arcvideo Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Arcvideo Technology Co (SHSE:688039) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥42.45, compared to a current price of ¥31.29 — trading 26.3% below its estimated fair value. The current Days Payable is 282.96, which is 34% above median its 10-year median of 210.95 and 436.1% above the Software industry median of 52.79. Hangzhou Arcvideo Technology Co's overall GF Score™ is 80/100 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 Hangzhou Arcvideo Technology Co (SHSE:688039), the current Days Payable is 282.96 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 Hangzhou Arcvideo Technology Co (SHSE:688039) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Arcvideo Technology Co stock appears to be undervalued. The current stock price of ¥31.29 is trading 26.3% below its estimated GF Value™ of ¥42.45. GuruFocus considers Hangzhou Arcvideo Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688039:

  • Days Payable: 282.96 (34% above median its 10-year median of 210.95)
  • GF Value™: ¥42.45 vs. price of ¥31.29 (26.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 436.1% above the Software median (#399 of 2608)

No single metric tells the full story. See the SHSE:688039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Arcvideo Technology Co Business Description

Address 3 Xidoumen Road, Room A, 16th Floor, Building E, Paradise Software Park, Zhejiang, Hangzhou, CHN, 310012
Hangzhou Arcvideo Technology Co Ltd is engaged in providing large video and intelligent video solutions and video cloud services. The company offers video transcoding, intelligent portrait recognition, full terminal playback, and low-latency video communication And other core algorithm research and application, in China for radio and television media, Internet video, education, public security, justice, social security, government and other large video industries.
80GF Score

Get the complete analysis for SHSE:688039

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

¥31.29
Price
¥42.45
GF Value