Shenzhen Kiwi Instruments Co (SHSE:688045) Days Payable: 67.70 (As of Mar. 2026) — 11% Above Median

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SHSE:688045 Shenzhen Kiwi Instruments Co Ltd SHSE:688045
73 GF Score
Price ¥52.00
GF Value ¥52.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Shenzhen Kiwi Instruments Co Days Payable?

Shenzhen Kiwi Instruments Co SHSE:688045 -9.53% 73 Days Payable is 67.70 as of Mar. 2026, which is 11% above its 10-year median of 61.20. GuruFocus rates SHSE:688045 with a GF Score™ of 73/100 and a GF Value™ of ¥52.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, Shenzhen Kiwi Instruments Co ranks better than 52.25% on this metric.

Shenzhen Kiwi Instruments Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥100.6 Mil. Shenzhen Kiwi Instruments Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥135.6 Mil. Hence, Shenzhen Kiwi Instruments Co's Days Payable for the three months ended in Mar. 2026 was 67.70.

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

SHSE:688045' s Days Payable Range Over the Past 10 Years
Min: 47.03   Med: 61.2   Max: 77.79
Current: 55.3

During the past 8 years, Shenzhen Kiwi Instruments Co's highest Days Payable was 77.79. The lowest was 47.03. And the median was 61.20.

SHSE:688045's Days Payable is ranked better than
52.25% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688045: 55.30

Shenzhen Kiwi Instruments Co's Days Payable declined from Mar. 2025 (73.97) to Mar. 2026 (67.70). It may suggest that Shenzhen Kiwi Instruments Co accelerated paying its suppliers.


Shenzhen Kiwi Instruments Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Kiwi Instruments 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.

Shenzhen Kiwi Instruments Co Days Payable Chart

Shenzhen Kiwi Instruments Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 47.03 55.87 60.11 58.74 66.73

Shenzhen Kiwi Instruments 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 73.97 51.93 49.16 49.59 67.70

SHSE:688045 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Shenzhen Kiwi Instruments 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.


Shenzhen Kiwi Instruments Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Shenzhen Kiwi Instruments Co's Days Payable falls into.


SHSE:688045
73GF Score
Shenzhen Kiwi Instruments Co Ltd SHSE:688045
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Kiwi Instruments 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.

Shenzhen Kiwi Instruments 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
=( (77.787 + 97.402) / 2 ) / 479.15*365
=87.5945 / 479.15*365
=66.73

Shenzhen Kiwi Instruments 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
=( (97.402 + 103.885) / 2 ) / 135.645*365 / 4
=100.6435 / 135.645*365 / 4
=67.70

* 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 67.70 mean?
Shenzhen Kiwi Instruments Co (SHSE:688045) has a Days Payable of 67.70 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 Shenzhen Kiwi Instruments Co and its competitors. This is 11% above median its historical median of 61.20. Over the past decade, Shenzhen Kiwi Instruments Co's Days Payable has ranged from 47.03 to 77.79. According to the industry distribution chart, Shenzhen Kiwi Instruments Co ranks #477 out of 999 companies in the Semiconductors industry, placing it in the top 47.7%.
Is Shenzhen Kiwi Instruments Co's Days Payable too high?
Shenzhen Kiwi Instruments Co's current Days Payable of 67.70 is 11% above median its 10-year median of 61.20. Over the past 10 years, this metric has ranged from a low of 47.03 to a high of 77.79. The Semiconductors industry median Days Payable is 53.06. Shenzhen Kiwi Instruments Co's value of 67.70 is 27.6% above this industry median. Based on the distribution chart, Shenzhen Kiwi Instruments Co ranks #477 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shenzhen Kiwi Instruments Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kiwi Instruments Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shenzhen Kiwi Instruments Co ranks #477 out of 999 companies for Days Payable. This puts Shenzhen Kiwi Instruments Co in the upper half of its industry. The industry median Days Payable is 53.06. Shenzhen Kiwi Instruments Co's value of 67.70 is 27.6% above this benchmark. Historically, Shenzhen Kiwi Instruments Co's own Days Payable has ranged from 47.03 to 77.79 over the past decade. While the company's 10-year median is 61.20 vs. the industry median of 53.06, Shenzhen Kiwi Instruments 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, 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. Shenzhen Kiwi Instruments Co's current Days Payable of 67.70 is 27.6% 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 Shenzhen Kiwi Instruments Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kiwi Instruments Co's current Days Payable is 67.70, which is 11% above median its own 10-year median of 61.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kiwi Instruments Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kiwi Instruments Co (SHSE:688045) is currently considered Fairly Valued. The stock's GF Value™ is ¥52.54, compared to a current price of ¥52.00 — trading 1% below its estimated fair value. The current Days Payable is 67.70, which is 11% above median its 10-year median of 61.20 and 27.6% above the Semiconductors industry median of 53.06. Shenzhen Kiwi Instruments Co's overall GF Score™ is 73/100 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 Shenzhen Kiwi Instruments Co (SHSE:688045), the current Days Payable is 67.70 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 Shenzhen Kiwi Instruments Co (SHSE:688045) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Kiwi Instruments Co stock appears to be undervalued. The current stock price of ¥52.00 is trading 1% below its estimated GF Value™ of ¥52.54. GuruFocus considers Shenzhen Kiwi Instruments Co to be Fairly Valued.

Key valuation signals for SHSE:688045:

  • Days Payable: 67.70 (11% above median its 10-year median of 61.20)
  • GF Value™: ¥52.54 vs. price of ¥52.00 (1% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 27.6% above the Semiconductors median (#477 of 999)

No single metric tells the full story. See the SHSE:688045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Kiwi Instruments Co Business Description

Address Liuxin 4th Street, Block 8, Phase 3, Room 3303, Building A, Area C, Vanke Yuncheng, Xili Community, Xili Subdistrict, Nanshan District, Shenzhen, CHN, 518055
Shenzhen Kiwi Instruments Co Ltd is a high-performance analog and mixed-signal integrated circuit supplier. Its main products include AC-DC converters, DC-DC converters, driver ICs, protection ICs, linear voltage regulators, battery management, amplifiers, digital-to-analog converter, sensor, isolation and interface, microcontroller, etc. It provides one-stop chip solutions and system integration for customers in consumer electronics, industrial control, network communications, data centers, automotive electronics, and other fields.
73GF Score

Get the complete analysis for SHSE:688045

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

¥52.00
Price
¥52.54
GF Value