Vanchip (Tianjin) Technology Co (SHSE:688153) Days Payable: 85.67 (As of Mar. 2026) — 12% Above Median


SHSE:688153 Vanchip (Tianjin) Technology Co Ltd SHSE:688153
70 GF Score
Price ¥32.24
GF Value ¥40.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vanchip (Tianjin) Technology Co Days Payable?

Vanchip (Tianjin) Technology Co SHSE:688153 +1.03% 70 Days Payable is 85.67 as of Mar. 2026, which is 12% above its 10-year median of 76.21. GuruFocus rates SHSE:688153 with a GF Score™ of 70/100 and a GF Value™ of ¥40.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 996 Semiconductors companies, Vanchip (Tianjin) Technology Co ranks better than 58.53% on this metric.

Vanchip (Tianjin) Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥357 Mil. Vanchip (Tianjin) Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥380 Mil. Hence, Vanchip (Tianjin) Technology Co's Days Payable for the three months ended in Mar. 2026 was 85.67.

The historical rank and industry rank for Vanchip (Tianjin) Technology Co's Days Payable or its related term are showing as below:

SHSE:688153' s Days Payable Range Over the Past 10 Years
Min: 46.05   Med: 76.21   Max: 80.83
Current: 60.09

During the past 11 years, Vanchip (Tianjin) Technology Co's highest Days Payable was 80.83. The lowest was 46.05. And the median was 76.21.

SHSE:688153's Days Payable is ranked better than
58.53% of 996 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688153: 60.09

Vanchip (Tianjin) Technology Co's Days Payable increased from Mar. 2025 (40.71) to Mar. 2026 (85.67). It may suggest that Vanchip (Tianjin) Technology Co delayed paying its suppliers.


Vanchip (Tianjin) Technology Co Days Payable Related Terms


Vanchip (Tianjin) Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Vanchip (Tianjin) 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.

Vanchip (Tianjin) Technology Co Days Payable Chart

Vanchip (Tianjin) Technology Co Annual Data
Trend Dec14 Dec15 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.04 80.83 46.05 73.54 49.20

Vanchip (Tianjin) 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 40.71 53.47 55.24 47.52 85.67

SHSE:688153 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Vanchip (Tianjin) 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.


Vanchip (Tianjin) Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanchip (Tianjin) Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Vanchip (Tianjin) Technology Co's Days Payable falls into.


SHSE:688153
70GF Score
Vanchip (Tianjin) Technology Co Ltd SHSE:688153
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vanchip (Tianjin) 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.

Vanchip (Tianjin) 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
=( (160.772 + 306.645) / 2 ) / 1733.8*365
=233.7085 / 1733.8*365
=49.20

Vanchip (Tianjin) 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
=( (306.645 + 407.131) / 2 ) / 380.121*365 / 4
=356.888 / 380.121*365 / 4
=85.67

* 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 85.67 mean?
Vanchip (Tianjin) Technology Co (SHSE:688153) has a Days Payable of 85.67 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 Vanchip (Tianjin) Technology Co and its competitors. This is 12% above median its historical median of 76.21. Over the past decade, Vanchip (Tianjin) Technology Co's Days Payable has ranged from 46.05 to 80.83. According to the industry distribution chart, Vanchip (Tianjin) Technology Co ranks #413 out of 996 companies in the Semiconductors industry, placing it in the top 41.5%.
Is Vanchip (Tianjin) Technology Co's Days Payable too high?
Vanchip (Tianjin) Technology Co's current Days Payable of 85.67 is 12% above median its 10-year median of 76.21. Over the past 10 years, this metric has ranged from a low of 46.05 to a high of 80.83. The Semiconductors industry median Days Payable is 52.98. Vanchip (Tianjin) Technology Co's value of 85.67 is 61.7% above this industry median. Based on the distribution chart, Vanchip (Tianjin) Technology Co ranks #413 out of 996 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Vanchip (Tianjin) Technology Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanchip (Tianjin) Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vanchip (Tianjin) Technology Co ranks #413 out of 996 companies for Days Payable. This puts Vanchip (Tianjin) Technology Co in the upper half of its industry. The industry median Days Payable is 52.98. Vanchip (Tianjin) Technology Co's value of 85.67 is 61.7% above this benchmark. Historically, Vanchip (Tianjin) Technology Co's own Days Payable has ranged from 46.05 to 80.83 over the past decade. While the company's 10-year median is 76.21 vs. the industry median of 52.98, Vanchip (Tianjin) 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 996 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. Vanchip (Tianjin) Technology Co's current Days Payable of 85.67 is 61.7% 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 Vanchip (Tianjin) Technology 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. Vanchip (Tianjin) Technology Co's current Days Payable is 85.67, which is 12% above median its own 10-year median of 76.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanchip (Tianjin) Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Vanchip (Tianjin) Technology Co (SHSE:688153) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥40.54, compared to a current price of ¥32.24 — trading 20.5% below its estimated fair value. The current Days Payable is 85.67, which is 12% above median its 10-year median of 76.21 and 61.7% above the Semiconductors industry median of 52.98. Vanchip (Tianjin) Technology Co's overall GF Score™ is 70/100 with 1 warning sign 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 Vanchip (Tianjin) Technology Co (SHSE:688153), the current Days Payable is 85.67 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 Vanchip (Tianjin) Technology Co (SHSE:688153) Overvalued in 2026?

Based on GuruFocus' analysis, Vanchip (Tianjin) Technology Co stock appears to be undervalued. The current stock price of ¥32.24 is trading 20.5% below its estimated GF Value™ of ¥40.54. GuruFocus considers Vanchip (Tianjin) Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688153:

  • Days Payable: 85.67 (12% above median its 10-year median of 76.21)
  • GF Value™: ¥40.54 vs. price of ¥32.24 (20.5% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 61.7% above the Semiconductors median (#413 of 996)

No single metric tells the full story. See the SHSE:688153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanchip (Tianjin) Technology Co Business Description

Address No. 19, Xinhuan West Road, Room 2701-3, Building 2, Development Zone, Tianjin, CHN, 300457
Vanchip (Tianjin) Technology Co Ltd is engaged in the research and development, design and sales of RF front-end chips.
70GF Score

Get the complete analysis for SHSE:688153

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

¥32.24
Price
¥40.54
GF Value