Guangdong Leadyo IC Testing Co (SHSE:688135) Days Payable: 128.25 (As of Mar. 2026) — 53% Above Median

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SHSE:688135 Guangdong Leadyo IC Testing Co Ltd SHSE:688135
79 GF Score
Price ¥22.46
GF Value ¥34.99
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Guangdong Leadyo IC Testing Co Days Payable?

Guangdong Leadyo IC Testing Co SHSE:688135 -1.71% 79 Days Payable is 128.25 as of Mar. 2026, which is 53% above its 10-year median of 83.71. GuruFocus rates SHSE:688135 with a GF Score™ of 79/100 and a GF Value™ of ¥34.99 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, Guangdong Leadyo IC Testing Co ranks better than 80.48% on this metric.

Guangdong Leadyo IC Testing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥169.7 Mil. Guangdong Leadyo IC Testing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥120.8 Mil. Hence, Guangdong Leadyo IC Testing Co's Days Payable for the three months ended in Mar. 2026 was 128.25.

The historical rank and industry rank for Guangdong Leadyo IC Testing Co's Days Payable or its related term are showing as below:

SHSE:688135' s Days Payable Range Over the Past 10 Years
Min: 44.59   Med: 83.71   Max: 121.87
Current: 113.77

During the past 13 years, Guangdong Leadyo IC Testing Co's highest Days Payable was 121.87. The lowest was 44.59. And the median was 83.71.

SHSE:688135's Days Payable is ranked better than
80.48% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688135: 113.77

Guangdong Leadyo IC Testing Co's Days Payable increased from Mar. 2025 (94.49) to Mar. 2026 (128.25). It may suggest that Guangdong Leadyo IC Testing Co delayed paying its suppliers.


Guangdong Leadyo IC Testing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Guangdong Leadyo IC Testing 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.

Guangdong Leadyo IC Testing Co Days Payable Chart

Guangdong Leadyo IC Testing 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 77.53 79.28 93.64 96.28 105.38

Guangdong Leadyo IC Testing 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 94.49 99.79 108.81 117.46 128.25

SHSE:688135 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Guangdong Leadyo IC Testing 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.


Guangdong Leadyo IC Testing Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Guangdong Leadyo IC Testing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Leadyo IC Testing Co's Days Payable falls into.


SHSE:688135
79GF Score
Guangdong Leadyo IC Testing Co Ltd SHSE:688135
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Leadyo IC Testing 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.

Guangdong Leadyo IC Testing 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
=( (94.635 + 162.957) / 2 ) / 446.099*365
=128.796 / 446.099*365
=105.38

Guangdong Leadyo IC Testing 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
=( (162.957 + 176.482) / 2 ) / 120.759*365 / 4
=169.7195 / 120.759*365 / 4
=128.25

* 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 128.25 mean?
Guangdong Leadyo IC Testing Co (SHSE:688135) has a Days Payable of 128.25 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 Guangdong Leadyo IC Testing Co and its competitors. This is 53% above median its historical median of 83.71. Over the past decade, Guangdong Leadyo IC Testing Co's Days Payable has ranged from 44.59 to 121.87. According to the industry distribution chart, Guangdong Leadyo IC Testing Co ranks #195 out of 999 companies in the Semiconductors industry, placing it in the top 19.5%.
Is Guangdong Leadyo IC Testing Co's Days Payable too high?
Guangdong Leadyo IC Testing Co's current Days Payable of 128.25 is 53% above median its 10-year median of 83.71. Over the past 10 years, this metric has ranged from a low of 44.59 to a high of 121.87. The Semiconductors industry median Days Payable is 53.06. Guangdong Leadyo IC Testing Co's value of 128.25 is 141.7% above this industry median. Based on the distribution chart, Guangdong Leadyo IC Testing Co ranks #195 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Leadyo IC Testing Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Leadyo IC Testing Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Guangdong Leadyo IC Testing Co ranks #195 out of 999 companies for Days Payable. This places Guangdong Leadyo IC Testing Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Guangdong Leadyo IC Testing Co's value of 128.25 is 141.7% above this benchmark. Historically, Guangdong Leadyo IC Testing Co's own Days Payable has ranged from 44.59 to 121.87 over the past decade. While the company's 10-year median is 83.71 vs. the industry median of 53.06, Guangdong Leadyo IC Testing 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. Guangdong Leadyo IC Testing Co's current Days Payable of 128.25 is 141.7% 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 Guangdong Leadyo IC Testing 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. Guangdong Leadyo IC Testing Co's current Days Payable is 128.25, which is 53% above median its own 10-year median of 83.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Leadyo IC Testing Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Leadyo IC Testing Co (SHSE:688135) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥34.99, compared to a current price of ¥22.46 — trading 35.8% below its estimated fair value. The current Days Payable is 128.25, which is 53% above median its 10-year median of 83.71 and 141.7% above the Semiconductors industry median of 53.06. Guangdong Leadyo IC Testing Co's overall GF Score™ is 79/100 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 Guangdong Leadyo IC Testing Co (SHSE:688135), the current Days Payable is 128.25 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 Guangdong Leadyo IC Testing Co (SHSE:688135) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Leadyo IC Testing Co stock appears to be undervalued. The current stock price of ¥22.46 is trading 35.8% below its estimated GF Value™ of ¥34.99. GuruFocus considers Guangdong Leadyo IC Testing Co to be Significantly Undervalued.

Key valuation signals for SHSE:688135:

  • Days Payable: 128.25 (53% above median its 10-year median of 83.71)
  • GF Value™: ¥34.99 vs. price of ¥22.46 (35.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 141.7% above the Semiconductors median (#195 of 999)

No single metric tells the full story. See the SHSE:688135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Leadyo IC Testing Co Business Description

Address No. 2, Xinfeng East 2nd Road, Wanjiang Street, Mowu, Guangdong Province, Dongguan, CHN, 523050
Guangdong Leadyo IC Testing Co Ltd is engaged in integrated circuit testing program development, 12-inch and 8-inch wafer testing services, finished chip testing services, and supporting services related to integrated circuit testing. It specializes in the semiconductor back-end processing step including the manufacture of integrated circuits of wafer testing, wafer thinning, wafer cutting, product testing and IC taping one-stop service, IC testing and provide software development, chip testing analysis, Load Board MPW production and engineering validation and Probe Card batch production, and other related services.
79GF Score

Get the complete analysis for SHSE:688135

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

¥22.46
Price
¥34.99
GF Value