Rayitek Hi-Tech Film CoSHSE:688323 -1.10%53 Days Payable is 194.00 as of Mar. 2026, which is 20% below its 10-year median of 241.44. GuruFocus rates SHSE:688323 with a GF Score™ of 53/100 and a GF Value™ of ¥20.97 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,445 Hardware companies, Rayitek Hi-Tech Film Co ranks better than 89.04% on this metric.
* 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.
For the Electronic Components subindustry, Rayitek Hi-Tech Film 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.
Rayitek Hi-Tech Film Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Rayitek Hi-Tech Film Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Rayitek Hi-Tech Film Co's Days Payable falls into.
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.
Rayitek Hi-Tech Film Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Rayitek Hi-Tech Film Co (SHSE:688323) has a Days Payable of 194.00 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 Rayitek Hi-Tech Film Co and its competitors. This is 20% below median its historical median of 241.44. Over the past decade, Rayitek Hi-Tech Film Co's Days Payable has ranged from 156.13 to 320.08. According to the industry distribution chart, Rayitek Hi-Tech Film Co ranks #268 out of 2445 companies in the Hardware industry, placing it in the top 11%.
Is Rayitek Hi-Tech Film Co's Days Payable too high?
Rayitek Hi-Tech Film Co's current Days Payable of 194.00 is 20% below median its 10-year median of 241.44. Over the past 10 years, this metric has ranged from a low of 156.13 to a high of 320.08. The Hardware industry median Days Payable is 70.06. Rayitek Hi-Tech Film Co's value of 194.00 is 176.9% above this industry median. Based on the distribution chart, Rayitek Hi-Tech Film Co ranks #268 out of 2445 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Rayitek Hi-Tech Film Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rayitek Hi-Tech Film Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Rayitek Hi-Tech Film Co ranks #268 out of 2445 companies for Days Payable. This places Rayitek Hi-Tech Film Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.06. Rayitek Hi-Tech Film Co's value of 194.00 is 176.9% above this benchmark. Historically, Rayitek Hi-Tech Film Co's own Days Payable has ranged from 156.13 to 320.08 over the past decade. While the company's 10-year median is 241.44 vs. the industry median of 70.06, Rayitek Hi-Tech Film 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 Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. Rayitek Hi-Tech Film Co's current Days Payable of 194.00 is 176.9% 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 Rayitek Hi-Tech Film Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayitek Hi-Tech Film Co's current Days Payable is 194.00, which is 20% below median its own 10-year median of 241.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayitek Hi-Tech Film Co stock overvalued right now?
Based on GuruFocus' analysis, Rayitek Hi-Tech Film Co (SHSE:688323) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.97, compared to a current price of ¥37.61 — trading 79.4% above its estimated fair value. The current Days Payable is 194.00, which is 20% below median its 10-year median of 241.44 and 176.9% above the Hardware industry median of 70.06. Rayitek Hi-Tech Film Co's overall GF Score™ is 53/100 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 Rayitek Hi-Tech Film Co (SHSE:688323), the current Days Payable is 194.00 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 Rayitek Hi-Tech Film Co (SHSE:688323) Overvalued in 2026?
Based on GuruFocus' analysis, Rayitek Hi-Tech Film Co stock appears to be overvalued.
The current stock price of ¥37.61 is trading 79.4% above its estimated GF Value™ of ¥20.97.
GuruFocus considers Rayitek Hi-Tech Film Co to be Significantly Overvalued.
Key valuation signals for SHSE:688323:
Days Payable: 194.00 (20% below median its 10-year median of 241.44)
GF Value™: ¥20.97 vs. price of ¥37.61 (79.4% above fair value)
Industry Position: 176.9% above the Hardware median (#268 of 2445)
No single metric tells the full story. See the SHSE:688323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.
53GF Score
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