Hangzhou Raycloud Technology Co (SHSE:688365) Days Payable: 79.84 (As of Mar. 2026) — 446% Above Median

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SHSE:688365 Hangzhou Raycloud Technology Co Ltd SHSE:688365
63 GF Score
Price ¥13.60
GF Value ¥13.11
Valuation Fairly Valued
! 4 Warning Signs
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What is Hangzhou Raycloud Technology Co Days Payable?

Hangzhou Raycloud Technology Co SHSE:688365 +2.03% 63 Days Payable is 79.84 as of Mar. 2026, which is 446% above its 10-year median of 14.62. GuruFocus rates SHSE:688365 with a GF Score™ of 63/100 and a GF Value™ of ¥13.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,608 Software companies, Hangzhou Raycloud Technology Co ranks better than 65.15% on this metric.

Hangzhou Raycloud Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥33.6 Mil. Hangzhou Raycloud Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥38.4 Mil. Hence, Hangzhou Raycloud Technology Co's Days Payable for the three months ended in Mar. 2026 was 79.84.

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

SHSE:688365' s Days Payable Range Over the Past 10 Years
Min: 9.14   Med: 14.62   Max: 115.37
Current: 86.37

During the past 10 years, Hangzhou Raycloud Technology Co's highest Days Payable was 115.37. The lowest was 9.14. And the median was 14.62.

SHSE:688365's Days Payable is ranked better than
65.15% of 2608 companies
in the Software industry
Industry Median: 52.785 vs SHSE:688365: 86.37

Hangzhou Raycloud Technology Co's Days Payable declined from Mar. 2025 (129.16) to Mar. 2026 (79.84). It may suggest that Hangzhou Raycloud Technology Co accelerated paying its suppliers.


Hangzhou Raycloud Technology Co Days Payable Related Terms


Hangzhou Raycloud Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hangzhou Raycloud 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.

Hangzhou Raycloud Technology Co Days Payable Chart

Hangzhou Raycloud Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.79 45.99 100.61 115.37 84.17

Hangzhou Raycloud 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 129.16 109.63 80.69 62.24 79.84

SHSE:688365 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Hangzhou Raycloud 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.


Hangzhou Raycloud Technology Co Days Payable vs Software Industry

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

* The bar in red indicates where Hangzhou Raycloud Technology Co's Days Payable falls into.


SHSE:688365
63GF Score
Hangzhou Raycloud Technology Co Ltd SHSE:688365
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Raycloud 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.

Hangzhou Raycloud 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
=( (46.775 + 31.264) / 2 ) / 169.212*365
=39.0195 / 169.212*365
=84.17

Hangzhou Raycloud 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
=( (31.264 + 35.876) / 2 ) / 38.369*365 / 4
=33.57 / 38.369*365 / 4
=79.84

* 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 79.84 mean?
Hangzhou Raycloud Technology Co (SHSE:688365) has a Days Payable of 79.84 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 Hangzhou Raycloud Technology Co and its competitors. This is 446% above median its historical median of 14.62. Over the past decade, Hangzhou Raycloud Technology Co's Days Payable has ranged from 9.14 to 115.37. According to the industry distribution chart, Hangzhou Raycloud Technology Co ranks #909 out of 2608 companies in the Software industry, placing it in the top 34.9%.
Is Hangzhou Raycloud Technology Co's Days Payable too high?
Hangzhou Raycloud Technology Co's current Days Payable of 79.84 is 446% above median its 10-year median of 14.62. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 115.37. The Software industry median Days Payable is 52.79. Hangzhou Raycloud Technology Co's value of 79.84 is 51.3% above this industry median. Based on the distribution chart, Hangzhou Raycloud Technology Co ranks #909 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Hangzhou Raycloud Technology Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Raycloud Technology Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Hangzhou Raycloud Technology Co ranks #909 out of 2608 companies for Days Payable. This puts Hangzhou Raycloud Technology Co in the upper half of its industry. The industry median Days Payable is 52.79. Hangzhou Raycloud Technology Co's value of 79.84 is 51.3% above this benchmark. Historically, Hangzhou Raycloud Technology Co's own Days Payable has ranged from 9.14 to 115.37 over the past decade. While the company's 10-year median is 14.62 vs. the industry median of 52.79, Hangzhou Raycloud 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 52.79, based on 2,608 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. Hangzhou Raycloud Technology Co's current Days Payable of 79.84 is 51.3% 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 Hangzhou Raycloud Technology Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Raycloud Technology Co's current Days Payable is 79.84, which is 446% above median its own 10-year median of 14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Raycloud Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Raycloud Technology Co (SHSE:688365) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.11, compared to a current price of ¥13.60 — trading 3.7% above its estimated fair value. The current Days Payable is 79.84, which is 446% above median its 10-year median of 14.62 and 51.3% above the Software industry median of 52.79. Hangzhou Raycloud Technology Co's overall GF Score™ is 63/100 with 4 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 Hangzhou Raycloud Technology Co (SHSE:688365), the current Days Payable is 79.84 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 Hangzhou Raycloud Technology Co (SHSE:688365) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Raycloud Technology Co stock appears to be overvalued. The current stock price of ¥13.60 is trading 3.7% above its estimated GF Value™ of ¥13.11. GuruFocus considers Hangzhou Raycloud Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688365:

  • Days Payable: 79.84 (446% above median its 10-year median of 14.62)
  • GF Value™: ¥13.11 vs. price of ¥13.60 (3.7% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 51.3% above the Software median (#909 of 2608)

No single metric tells the full story. See the SHSE:688365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Raycloud Technology Co Business Description

Address No.588 Jiangnan Avenue, 11th Floor, Main Building, Hengxin Building, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310052
Hangzhou Raycloud Technology Co Ltd is an e-commerce software and service technology company. It provides value-added products and services such as SaaS products, supporting hardware, operating services, and CRM SMS for e-commerce merchants based on e-commerce platforms. Its products and services include super manager, courier assistant, wangdian transaction, wangdian data, merchandise, prosperous store promotion, super store manager-cross-border edition, super express, super commodity, super deal and seller network.
63GF Score

Get the complete analysis for SHSE:688365

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

¥13.60
Price
¥13.11
GF Value