Rigol Technologies Co (SHSE:688337) Days Payable: 94.90 (As of Jun. 2026) — Near Median

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SHSE:688337 Rigol Technologies Co Ltd SHSE:688337
84 GF Score
Price ¥42.64
GF Value ¥50.02
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Rigol Technologies Co Days Payable?

Rigol Technologies Co SHSE:688337 -2.04% 84 Days Payable is 94.90 as of Jun. 2026, which is 1% above its 10-year median of 94.16. GuruFocus rates SHSE:688337 with a GF Score™ of 84/100 and a GF Value™ of ¥50.02 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,442 Hardware companies, Rigol Technologies Co ranks better than 59.25% on this metric.

Rigol Technologies Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥129 Mil. Rigol Technologies Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥124 Mil. Hence, Rigol Technologies Co's Days Payable for the three months ended in Jun. 2026 was 94.90.

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

SHSE:688337' s Days Payable Range Over the Past 10 Years
Min: 79.97   Med: 94.16   Max: 114.94
Current: 83.87

During the past 8 years, Rigol Technologies Co's highest Days Payable was 114.94. The lowest was 79.97. And the median was 94.16.

SHSE:688337's Days Payable is ranked better than
59.25% of 2442 companies
in the Hardware industry
Industry Median: 70.065 vs SHSE:688337: 83.87

Rigol Technologies Co's Days Payable increased from Jun. 2025 (75.51) to Jun. 2026 (94.90). It may suggest that Rigol Technologies Co delayed paying its suppliers.


Rigol Technologies Co Days Payable Historical Data

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The historical data trend for Rigol 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.

Rigol Technologies Co Days Payable Chart

Rigol Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 79.97 80.26 84.29 93.65 96.31

Rigol Technologies Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 75.51 70.25 68.77 107.82 94.90

SHSE:688337 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Rigol 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.


Rigol Technologies Co Days Payable vs Hardware Industry

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

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


SHSE:688337
84GF Score
Rigol Technologies Co Ltd SHSE:688337
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rigol 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.

Rigol 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
=( (104.632 + 108.779) / 2 ) / 404.382*365
=106.7055 / 404.382*365
=96.31

Rigol Technologies Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (120.486 + 136.989) / 2 ) / 123.786*365 / 4
=128.7375 / 123.786*365 / 4
=94.90

* 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 94.90 mean?
Rigol Technologies Co (SHSE:688337) has a Days Payable of 94.90 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rigol Technologies Co and its competitors. This is near median its historical median of 94.16. Over the past decade, Rigol Technologies Co's Days Payable has ranged from 79.97 to 114.94. According to the industry distribution chart, Rigol Technologies Co ranks #995 out of 2442 companies in the Hardware industry, placing it in the top 40.7%.
Is Rigol Technologies Co's Days Payable too high?
Rigol Technologies Co's current Days Payable of 94.90 is near median its 10-year median of 94.16. Over the past 10 years, this metric has ranged from a low of 79.97 to a high of 114.94. The Hardware industry median Days Payable is 70.07. Rigol Technologies Co's value of 94.90 is 35.4% above this industry median. Based on the distribution chart, Rigol Technologies Co ranks #995 out of 2442 companies in the Hardware industry, which is above the industry midpoint. Overall, Rigol Technologies Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rigol Technologies Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Rigol Technologies Co ranks #995 out of 2442 companies for Days Payable. This puts Rigol Technologies Co in the upper half of its industry. The industry median Days Payable is 70.07. Rigol Technologies Co's value of 94.90 is 35.4% above this benchmark. Historically, Rigol Technologies Co's own Days Payable has ranged from 79.97 to 114.94 over the past decade. While the company's 10-year median is 94.16 vs. the industry median of 70.07, Rigol 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 Hardware company?
The median Days Payable among Hardware companies is 70.07, based on 2,442 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. Rigol Technologies Co's current Days Payable of 94.90 is 35.4% 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 Rigol Technologies Co and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rigol Technologies Co's current Days Payable is 94.90, which is near median its own 10-year median of 94.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rigol Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Rigol Technologies Co (SHSE:688337) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.02, compared to a current price of ¥42.64 — trading 14.8% below its estimated fair value. The current Days Payable is 94.90, which is near median its 10-year median of 94.16 and 35.4% above the Hardware industry median of 70.07. Rigol Technologies Co's overall GF Score™ is 84/100 with 3 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 Rigol Technologies Co (SHSE:688337), the current Days Payable is 94.90 as of Jun. 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 Rigol Technologies Co (SHSE:688337) Overvalued in 2026?

Based on GuruFocus' analysis, Rigol Technologies Co stock appears to be undervalued. The current stock price of ¥42.64 is trading 14.8% below its estimated GF Value™ of ¥50.02. GuruFocus considers Rigol Technologies Co to be Modestly Undervalued.

Key valuation signals for SHSE:688337:

  • Days Payable: 94.90 (near median its 10-year median of 94.16)
  • GF Value™: ¥50.02 vs. price of ¥42.64 (14.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 35.4% above the Hardware median (#995 of 2442)

No single metric tells the full story. See the SHSE:688337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rigol Technologies Co Business Description

Other Exchanges 00537:Hong Kong
Address No. 8 Keling Road, High-tech Zone, Jiangsu Province, Suzhou City, CHN, 215163
Rigol Technologies Co Ltd is engaged in the research and development, production and sales of general electronic measuring instruments.
84GF Score

Get the complete analysis for SHSE:688337

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

¥42.64
Price
¥50.02
GF Value