Siglent Technologies Co (SHSE:688112) Days Payable: 103.66 (As of Mar. 2026) — 25% Above Median

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SHSE:688112 Siglent Technologies Co Ltd SHSE:688112
94 GF Score
Price ¥50.95
GF Value ¥45.55
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Siglent Technologies Co Days Payable?

Siglent Technologies Co SHSE:688112 -3.32% 94 Days Payable is 103.66 as of Mar. 2026, which is 25% above its 10-year median of 83.05. GuruFocus rates SHSE:688112 with a GF Score™ of 94/100 and a GF Value™ of ¥45.55 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, Siglent Technologies Co ranks better than 53.98% on this metric.

Siglent Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥65.8 Mil. Siglent Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥57.9 Mil. Hence, Siglent Technologies Co's Days Payable for the three months ended in Mar. 2026 was 103.66.

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

SHSE:688112' s Days Payable Range Over the Past 10 Years
Min: 72.36   Med: 83.05   Max: 105.83
Current: 74.68

During the past 9 years, Siglent Technologies Co's highest Days Payable was 105.83. The lowest was 72.36. And the median was 83.05.

SHSE:688112's Days Payable is ranked better than
53.98% of 2440 companies
in the Hardware industry
Industry Median: 69.605 vs SHSE:688112: 74.68

Siglent Technologies Co's Days Payable increased from Mar. 2025 (75.18) to Mar. 2026 (103.66). It may suggest that Siglent Technologies Co delayed paying its suppliers.


Siglent Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Siglent Technologies 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.

Siglent Technologies Co Days Payable Chart

Siglent Technologies Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 96.12 94.06 83.05 80.72 80.76

Siglent Technologies 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 75.18 53.63 62.45 69.38 103.66

SHSE:688112 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Siglent Technologies 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.


Siglent Technologies Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Siglent Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Siglent Technologies Co's Days Payable falls into.


SHSE:688112
94GF Score
Siglent Technologies Co Ltd SHSE:688112
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siglent Technologies 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.

Siglent Technologies 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
=( (46.697 + 55.918) / 2 ) / 231.901*365
=51.3075 / 231.901*365
=80.76

Siglent Technologies 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
=( (55.918 + 75.648) / 2 ) / 57.91*365 / 4
=65.783 / 57.91*365 / 4
=103.66

* 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 103.66 mean?
Siglent Technologies Co (SHSE:688112) has a Days Payable of 103.66 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 Siglent Technologies Co and its competitors. This is 25% above median its historical median of 83.05. Over the past decade, Siglent Technologies Co's Days Payable has ranged from 72.36 to 105.83. According to the industry distribution chart, Siglent Technologies Co ranks #1123 out of 2440 companies in the Hardware industry, placing it in the top 46%.
Is Siglent Technologies Co's Days Payable too high?
Siglent Technologies Co's current Days Payable of 103.66 is 25% above median its 10-year median of 83.05. Over the past 10 years, this metric has ranged from a low of 72.36 to a high of 105.83. The Hardware industry median Days Payable is 69.61. Siglent Technologies Co's value of 103.66 is 48.9% above this industry median. Based on the distribution chart, Siglent Technologies Co ranks #1123 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Siglent Technologies Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siglent Technologies Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Siglent Technologies Co ranks #1123 out of 2440 companies for Days Payable. This puts Siglent Technologies Co in the upper half of its industry. The industry median Days Payable is 69.61. Siglent Technologies Co's value of 103.66 is 48.9% above this benchmark. Historically, Siglent Technologies Co's own Days Payable has ranged from 72.36 to 105.83 over the past decade. While the company's 10-year median is 83.05 vs. the industry median of 69.61, Siglent Technologies 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 Hardware company?
The median Days Payable among Hardware companies is 69.61, based on 2,440 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. Siglent Technologies Co's current Days Payable of 103.66 is 48.9% 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 Siglent Technologies Co and its competitors. For the Hardware industry, the median Days Payable is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siglent Technologies Co's current Days Payable is 103.66, which is 25% above median its own 10-year median of 83.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siglent Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Siglent Technologies Co (SHSE:688112) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥45.55, compared to a current price of ¥50.95 — trading 11.9% above its estimated fair value. The current Days Payable is 103.66, which is 25% above median its 10-year median of 83.05 and 48.9% above the Hardware industry median of 69.61. Siglent Technologies Co's overall GF Score™ is 94/100 with 3 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 Siglent Technologies Co (SHSE:688112), the current Days Payable is 103.66 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 Siglent Technologies Co (SHSE:688112) Overvalued in 2026?

Based on GuruFocus' analysis, Siglent Technologies Co stock appears to be overvalued. The current stock price of ¥50.95 is trading 11.9% above its estimated GF Value™ of ¥45.55. GuruFocus considers Siglent Technologies Co to be Modestly Overvalued.

Key valuation signals for SHSE:688112:

  • Days Payable: 103.66 (25% above median its 10-year median of 83.05)
  • GF Value™: ¥45.55 vs. price of ¥50.95 (11.9% above fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 48.9% above the Hardware median (#1123 of 2440)

No single metric tells the full story. See the SHSE:688112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siglent Technologies Co Business Description

Address Xin’an Street, Floor 3, Floor 4, Building 4, Office Building, 1-3 Floor, Block 68, Xingdong Community, Guangdong Province, Shenzhen, CHN, 518101
Siglent Technologies Co Ltd is engaged in the development and technological innovation of general electronic test and measurement instruments.
94GF Score

Get the complete analysis for SHSE:688112

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

¥50.95
Price
¥45.55
GF Value