Suzhou Everbright Photonics Co (SHSE:688048) Days Payable: 193.47 (As of Mar. 2026) — 20% Below 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:688048 Suzhou Everbright Photonics Co Ltd SHSE:688048
51 GF Score
Price ¥459.00
GF Value ¥107.82
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Suzhou Everbright Photonics Co Days Payable?

Suzhou Everbright Photonics Co SHSE:688048 +13.70% 51 Days Payable is 193.47 as of Mar. 2026, which is 20% below its 10-year median of 241.10. GuruFocus rates SHSE:688048 with a GF Score™ of 51/100 and a GF Value™ of ¥107.82 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 998 Semiconductors companies, Suzhou Everbright Photonics Co ranks better than 90.78% on this metric.

Suzhou Everbright Photonics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥192.6 Mil. Suzhou Everbright Photonics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥90.8 Mil. Hence, Suzhou Everbright Photonics Co's Days Payable for the three months ended in Mar. 2026 was 193.47.

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

SHSE:688048' s Days Payable Range Over the Past 10 Years
Min: 132.18   Med: 241.1   Max: 314.37
Current: 204.23

During the past 8 years, Suzhou Everbright Photonics Co's highest Days Payable was 314.37. The lowest was 132.18. And the median was 241.10.

SHSE:688048's Days Payable is ranked better than
90.78% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688048: 204.23

Suzhou Everbright Photonics Co's Days Payable declined from Mar. 2025 (250.37) to Mar. 2026 (193.47). It may suggest that Suzhou Everbright Photonics Co accelerated paying its suppliers.


Suzhou Everbright Photonics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics Co Days Payable Chart

Suzhou Everbright Photonics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 264.96 314.37 260.76 287.29 221.43

Suzhou Everbright Photonics 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 250.37 225.28 226.53 181.06 193.47

SHSE:688048 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Suzhou Everbright Photonics 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.


Suzhou Everbright Photonics Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Everbright Photonics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Everbright Photonics Co's Days Payable falls into.


SHSE:688048
51GF Score
Suzhou Everbright Photonics Co Ltd SHSE:688048
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics 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
=( (182.307 + 196.861) / 2 ) / 312.499*365
=189.584 / 312.499*365
=221.43

Suzhou Everbright Photonics 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
=( (196.861 + 188.307) / 2 ) / 90.834*365 / 4
=192.584 / 90.834*365 / 4
=193.47

* 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 193.47 mean?
Suzhou Everbright Photonics Co (SHSE:688048) has a Days Payable of 193.47 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 Suzhou Everbright Photonics Co and its competitors. This is 20% below median its historical median of 241.10. Over the past decade, Suzhou Everbright Photonics Co's Days Payable has ranged from 132.18 to 314.37. According to the industry distribution chart, Suzhou Everbright Photonics Co ranks #92 out of 998 companies in the Semiconductors industry, placing it in the top 9.2%.
Is Suzhou Everbright Photonics Co's Days Payable too high?
Suzhou Everbright Photonics Co's current Days Payable of 193.47 is 20% below median its 10-year median of 241.10. Over the past 10 years, this metric has ranged from a low of 132.18 to a high of 314.37. The Semiconductors industry median Days Payable is 52.98. Suzhou Everbright Photonics Co's value of 193.47 is 265.2% above this industry median. Based on the distribution chart, Suzhou Everbright Photonics Co ranks #92 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Everbright Photonics Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Everbright Photonics Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Suzhou Everbright Photonics Co ranks #92 out of 998 companies for Days Payable. This places Suzhou Everbright Photonics Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.98. Suzhou Everbright Photonics Co's value of 193.47 is 265.2% above this benchmark. Historically, Suzhou Everbright Photonics Co's own Days Payable has ranged from 132.18 to 314.37 over the past decade. While the company's 10-year median is 241.10 vs. the industry median of 52.98, Suzhou Everbright Photonics 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 52.98, based on 998 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. Suzhou Everbright Photonics Co's current Days Payable of 193.47 is 265.2% 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 Suzhou Everbright Photonics Co 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. Suzhou Everbright Photonics Co's current Days Payable is 193.47, which is 20% below median its own 10-year median of 241.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Everbright Photonics Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Everbright Photonics Co (SHSE:688048) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥107.82, compared to a current price of ¥459.00 — trading 325.7% above its estimated fair value. The current Days Payable is 193.47, which is 20% below median its 10-year median of 241.10 and 265.2% above the Semiconductors industry median of 52.98. Suzhou Everbright Photonics Co's overall GF Score™ is 51/100 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 Suzhou Everbright Photonics Co (SHSE:688048), the current Days Payable is 193.47 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 Suzhou Everbright Photonics Co (SHSE:688048) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Everbright Photonics Co stock appears to be overvalued. The current stock price of ¥459.00 is trading 325.7% above its estimated GF Value™ of ¥107.82. GuruFocus considers Suzhou Everbright Photonics Co to be Significantly Overvalued.

Key valuation signals for SHSE:688048:

  • Days Payable: 193.47 (20% below median its 10-year median of 241.10)
  • GF Value™: ¥107.82 vs. price of ¥459.00 (325.7% above fair value)
  • GF Score™: 51/100 with 9 warning signs
  • Industry Position: 265.2% above the Semiconductors median (#92 of 998)

No single metric tells the full story. See the SHSE:688048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Everbright Photonics Co Business Description

Address No. 189 Kunlunshan Road, Suzhou High-tech Zone, No. 2 Factory-1-102, No. 2 Factory-2-203, Zone A, Industrial Square, Science and Technology City, Suzhou, CHN, 215163
Suzhou Everbright Photonics Co Ltd is engaged in the research and development, manufacturing and sales of core components in the laser industry such as semiconductor laser chips, devices and modules.
51GF Score

Get the complete analysis for SHSE:688048

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

¥459.00
Price
¥107.82
GF Value