Asiainfo Security Technologies Co (SHSE:688225) Days Payable: 121.48 (As of Mar. 2026) — 108% Above 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:688225 Asiainfo Security Technologies Co Ltd SHSE:688225
70 GF Score
Price ¥11.84
GF Value ¥64.80
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Asiainfo Security Technologies Co Days Payable?

Asiainfo Security Technologies Co SHSE:688225 +2.42% 70 Days Payable is 121.48 as of Mar. 2026, which is 108% above its 10-year median of 58.45. GuruFocus rates SHSE:688225 with a GF Score™ of 70/100 and a GF Value™ of ¥64.80 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,611 Software companies, Asiainfo Security Technologies Co ranks better than 67.83% on this metric.

Asiainfo Security Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,164 Mil. Asiainfo Security Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥874 Mil. Hence, Asiainfo Security Technologies Co's Days Payable for the three months ended in Mar. 2026 was 121.48.

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

SHSE:688225' s Days Payable Range Over the Past 10 Years
Min: 25.33   Med: 58.45   Max: 184.8
Current: 96.09

During the past 9 years, Asiainfo Security Technologies Co's highest Days Payable was 184.80. The lowest was 25.33. And the median was 58.45.

SHSE:688225's Days Payable is ranked better than
67.83% of 2611 companies
in the Software industry
Industry Median: 52.78 vs SHSE:688225: 96.09

Asiainfo Security Technologies Co's Days Payable declined from Mar. 2025 (123.15) to Mar. 2026 (121.48). It may suggest that Asiainfo Security Technologies Co accelerated paying its suppliers.


Asiainfo Security Technologies Co Days Payable Related Terms


Asiainfo Security Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Asiainfo Security 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.

Asiainfo Security Technologies Co Days Payable Chart

Asiainfo Security 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 58.45 91.51 122.66 184.80 99.39

Asiainfo Security 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 123.15 114.67 106.36 63.45 121.48

SHSE:688225 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Asiainfo Security 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.


Asiainfo Security Technologies Co Days Payable vs Software Industry

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

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


SHSE:688225
70GF Score
Asiainfo Security Technologies Co Ltd SHSE:688225
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asiainfo Security 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.

Asiainfo Security 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
=( (1443.054 + 1122.61) / 2 ) / 4711.095*365
=1282.832 / 4711.095*365
=99.39

Asiainfo Security 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
=( (1122.61 + 1204.836) / 2 ) / 874.165*365 / 4
=1163.723 / 874.165*365 / 4
=121.48

* 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 121.48 mean?
Asiainfo Security Technologies Co (SHSE:688225) has a Days Payable of 121.48 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 Asiainfo Security Technologies Co and its competitors. This is 108% above median its historical median of 58.45. Over the past decade, Asiainfo Security Technologies Co's Days Payable has ranged from 25.33 to 184.80. According to the industry distribution chart, Asiainfo Security Technologies Co ranks #840 out of 2611 companies in the Software industry, placing it in the top 32.2%.
Is Asiainfo Security Technologies Co's Days Payable too high?
Asiainfo Security Technologies Co's current Days Payable of 121.48 is 108% above median its 10-year median of 58.45. Over the past 10 years, this metric has ranged from a low of 25.33 to a high of 184.80. The Software industry median Days Payable is 52.78. Asiainfo Security Technologies Co's value of 121.48 is 130.2% above this industry median. Based on the distribution chart, Asiainfo Security Technologies Co ranks #840 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, Asiainfo Security Technologies Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asiainfo Security Technologies Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Asiainfo Security Technologies Co ranks #840 out of 2611 companies for Days Payable. This puts Asiainfo Security Technologies Co in the upper half of its industry. The industry median Days Payable is 52.78. Asiainfo Security Technologies Co's value of 121.48 is 130.2% above this benchmark. Historically, Asiainfo Security Technologies Co's own Days Payable has ranged from 25.33 to 184.80 over the past decade. While the company's 10-year median is 58.45 vs. the industry median of 52.78, Asiainfo Security 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,611 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. Asiainfo Security Technologies Co's current Days Payable of 121.48 is 130.2% 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 Asiainfo Security Technologies Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiainfo Security Technologies Co's current Days Payable is 121.48, which is 108% above median its own 10-year median of 58.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiainfo Security Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Asiainfo Security Technologies Co (SHSE:688225) is currently considered Possible Value Trap. The stock's GF Value™ is ¥64.80, compared to a current price of ¥11.84 — trading 81.7% below its estimated fair value. The current Days Payable is 121.48, which is 108% above median its 10-year median of 58.45 and 130.2% above the Software industry median of 52.78. Asiainfo Security Technologies Co's overall GF Score™ is 70/100 with 6 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 Asiainfo Security Technologies Co (SHSE:688225), the current Days Payable is 121.48 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 Asiainfo Security Technologies Co (SHSE:688225) Overvalued in 2026?

Based on GuruFocus' analysis, Asiainfo Security Technologies Co stock appears to be undervalued. The current stock price of ¥11.84 is trading 81.7% below its estimated GF Value™ of ¥64.80. GuruFocus considers Asiainfo Security Technologies Co to be Possible Value Trap.

Key valuation signals for SHSE:688225:

  • Days Payable: 121.48 (108% above median its 10-year median of 58.45)
  • GF Value™: ¥64.80 vs. price of ¥11.84 (81.7% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 130.2% above the Software median (#840 of 2611)

No single metric tells the full story. See the SHSE:688225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asiainfo Security Technologies Co Business Description

Address No. 98, Huashen Avenue, Building 01, Yuhuatai District, Jiangsu Province, Nanjing, CHN, 100089
Asiainfo Security Technologies Co Ltd is a leader in China's network security software field, and a network security company that knows the Internet and the cloud in the industry.
70GF Score

Get the complete analysis for SHSE:688225

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

¥11.84
Price
¥64.80
GF Value