Henan Shijia Photons Technology Co (SHSE:688313) Days Payable: 90.11 (As of Mar. 2026) — Near Median

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SHSE:688313 Henan Shijia Photons Technology Co Ltd SHSE:688313
67 GF Score
Price ¥140.07
GF Value ¥44.97
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Henan Shijia Photons Technology Co Days Payable?

Henan Shijia Photons Technology Co SHSE:688313 -4.52% 67 Days Payable is 90.11 as of Mar. 2026, which is 7% above its 10-year median of 84.55. GuruFocus rates SHSE:688313 with a GF Score™ of 67/100 and a GF Value™ of ¥44.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, Henan Shijia Photons Technology Co ranks better than 75.48% on this metric.

Henan Shijia Photons Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥375 Mil. Henan Shijia Photons Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥380 Mil. Hence, Henan Shijia Photons Technology Co's Days Payable for the three months ended in Mar. 2026 was 90.11.

The historical rank and industry rank for Henan Shijia Photons Technology Co's Days Payable or its related term are showing as below:

SHSE:688313' s Days Payable Range Over the Past 10 Years
Min: 77.38   Med: 84.55   Max: 108.84
Current: 91.55

During the past 9 years, Henan Shijia Photons Technology Co's highest Days Payable was 108.84. The lowest was 77.38. And the median was 84.55.

SHSE:688313's Days Payable is ranked better than
75.48% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688313: 91.55

Henan Shijia Photons Technology Co's Days Payable declined from Mar. 2025 (123.08) to Mar. 2026 (90.11). It may suggest that Henan Shijia Photons Technology Co accelerated paying its suppliers.


Henan Shijia Photons Technology Co Days Payable Related Terms


Henan Shijia Photons Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Henan Shijia Photons 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.

Henan Shijia Photons Technology Co Days Payable Chart

Henan Shijia Photons Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 82.15 77.38 77.50 108.84 81.75

Henan Shijia Photons 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 123.08 103.44 92.65 74.66 90.11

SHSE:688313 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Henan Shijia Photons 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.


Henan Shijia Photons Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Shijia Photons Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Shijia Photons Technology Co's Days Payable falls into.


SHSE:688313
67GF Score
Henan Shijia Photons Technology Co Ltd SHSE:688313
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Shijia Photons 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.

Henan Shijia Photons 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
=( (349.593 + 287.676) / 2 ) / 1422.573*365
=318.6345 / 1422.573*365
=81.75

Henan Shijia Photons 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
=( (287.676 + 462.425) / 2 ) / 379.791*365 / 4
=375.0505 / 379.791*365 / 4
=90.11

* 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 90.11 mean?
Henan Shijia Photons Technology Co (SHSE:688313) has a Days Payable of 90.11 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 Henan Shijia Photons Technology Co and its competitors. This is near median its historical median of 84.55. Over the past decade, Henan Shijia Photons Technology Co's Days Payable has ranged from 77.38 to 108.84. According to the industry distribution chart, Henan Shijia Photons Technology Co ranks #245 out of 999 companies in the Semiconductors industry, placing it in the top 24.5%.
Is Henan Shijia Photons Technology Co's Days Payable too high?
Henan Shijia Photons Technology Co's current Days Payable of 90.11 is near median its 10-year median of 84.55. Over the past 10 years, this metric has ranged from a low of 77.38 to a high of 108.84. The Semiconductors industry median Days Payable is 53.06. Henan Shijia Photons Technology Co's value of 90.11 is 69.8% above this industry median. Based on the distribution chart, Henan Shijia Photons Technology Co ranks #245 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Shijia Photons Technology Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Shijia Photons Technology Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Henan Shijia Photons Technology Co ranks #245 out of 999 companies for Days Payable. This places Henan Shijia Photons Technology Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Henan Shijia Photons Technology Co's value of 90.11 is 69.8% above this benchmark. Historically, Henan Shijia Photons Technology Co's own Days Payable has ranged from 77.38 to 108.84 over the past decade. While the company's 10-year median is 84.55 vs. the industry median of 53.06, Henan Shijia Photons 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 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. Henan Shijia Photons Technology Co's current Days Payable of 90.11 is 69.8% 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 Henan Shijia Photons Technology 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. Henan Shijia Photons Technology Co's current Days Payable is 90.11, which is near median its own 10-year median of 84.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Shijia Photons Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Shijia Photons Technology Co (SHSE:688313) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.97, compared to a current price of ¥140.07 — trading 211.5% above its estimated fair value. The current Days Payable is 90.11, which is near median its 10-year median of 84.55 and 69.8% above the Semiconductors industry median of 53.06. Henan Shijia Photons Technology Co's overall GF Score™ is 67/100 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 Henan Shijia Photons Technology Co (SHSE:688313), the current Days Payable is 90.11 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 Henan Shijia Photons Technology Co (SHSE:688313) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Shijia Photons Technology Co stock appears to be overvalued. The current stock price of ¥140.07 is trading 211.5% above its estimated GF Value™ of ¥44.97. GuruFocus considers Henan Shijia Photons Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688313:

  • Days Payable: 90.11 (near median its 10-year median of 84.55)
  • GF Value™: ¥44.97 vs. price of ¥140.07 (211.5% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 69.8% above the Semiconductors median (#245 of 999)

No single metric tells the full story. See the SHSE:688313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Shijia Photons Technology Co Business Description

Address 201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030
Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.
67GF Score

Get the complete analysis for SHSE:688313

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

¥140.07
Price
¥44.97
GF Value