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.
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.
* 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.
Shenzhen Fortune Trend Technology Co Days Payable Chart
SHSE:688318 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Shenzhen Fortune Trend 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.
Shenzhen Fortune Trend Technology Co Days Payable vs Software Industry
Shenzhen Fortune Trend 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.
* 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.
Shenzhen Fortune Trend Technology Co (SHSE:688318) has a Days Payable of 193.16 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 Shenzhen Fortune Trend Technology Co and its competitors. This is 1933% above median its historical median of 9.50. Over the past decade, Shenzhen Fortune Trend Technology Co's Days Payable has ranged from 1.65 to 222.41. According to the industry distribution chart, Shenzhen Fortune Trend Technology Co ranks #523 out of 2610 companies in the Software industry, placing it in the top 20%.
Is Shenzhen Fortune Trend Technology Co's Days Payable too high?
Shenzhen Fortune Trend Technology Co's current Days Payable of 193.16 is 1933% above median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 222.41. The Software industry median Days Payable is 52.71. Shenzhen Fortune Trend Technology Co's value of 193.16 is 266.5% above this industry median. Based on the distribution chart, Shenzhen Fortune Trend Technology Co ranks #523 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Fortune Trend Technology Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Fortune Trend Technology Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Shenzhen Fortune Trend Technology Co ranks #523 out of 2610 companies for Days Payable. This places Shenzhen Fortune Trend Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.71. Shenzhen Fortune Trend Technology Co's value of 193.16 is 266.5% above this benchmark. Historically, Shenzhen Fortune Trend Technology Co's own Days Payable has ranged from 1.65 to 222.41 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 52.71, Shenzhen Fortune Trend 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 Software company?
The median Days Payable among Software companies is 52.71, based on 2,610 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. Shenzhen Fortune Trend Technology Co's current Days Payable of 193.16 is 266.5% 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 Shenzhen Fortune Trend Technology Co and its competitors. For the Software industry, the median Days Payable is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Fortune Trend Technology Co's current Days Payable is 193.16, which is 1933% above median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Fortune Trend Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Fortune Trend Technology Co (SHSE:688318) is currently considered Fairly Valued. The stock's GF Value™ is ¥74.40, compared to a current price of ¥81.46 — trading 9.5% above its estimated fair value. The current Days Payable is 193.16, which is 1933% above median its 10-year median of 9.50 and 266.5% above the Software industry median of 52.71. Shenzhen Fortune Trend Technology Co's overall GF Score™ is 94/100 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 Shenzhen Fortune Trend Technology Co (SHSE:688318), the current Days Payable is 193.16 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 Shenzhen Fortune Trend Technology Co (SHSE:688318) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Fortune Trend Technology Co stock appears to be overvalued.
The current stock price of ¥81.46 is trading 9.5% above its estimated GF Value™ of ¥74.40.
GuruFocus considers Shenzhen Fortune Trend Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688318:
Days Payable: 193.16 (1933% above median its 10-year median of 9.50)
GF Value™: ¥74.40 vs. price of ¥81.46 (9.5% above fair value)
Industry Position: 266.5% above the Software median (#523 of 2610)
No single metric tells the full story. See the SHSE:688318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.
94GF Score
Get the complete analysis for SHSE:688318
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688318 has been successfully added to your 
