Shanghai Bright Power Semiconductor Co (SHSE:688368) Days Payable: 70.85 (As of Mar. 2026) — 14% Below Median

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SHSE:688368 Shanghai Bright Power Semiconductor Co Ltd SHSE:688368
54 GF Score
Price ¥171.16
GF Value ¥83.36
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shanghai Bright Power Semiconductor Co Days Payable?

Shanghai Bright Power Semiconductor Co SHSE:688368 +0.82% 54 Days Payable is 70.85 as of Mar. 2026, which is 14% below its 10-year median of 82.05. GuruFocus rates SHSE:688368 with a GF Score™ of 54/100 and a GF Value™ of ¥83.36 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Shanghai Bright Power Semiconductor Co ranks better than 69.14% on this metric.

Shanghai Bright Power Semiconductor Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥296 Mil. Shanghai Bright Power Semiconductor Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥381 Mil. Hence, Shanghai Bright Power Semiconductor Co's Days Payable for the three months ended in Mar. 2026 was 70.85.

The historical rank and industry rank for Shanghai Bright Power Semiconductor Co's Days Payable or its related term are showing as below:

SHSE:688368' s Days Payable Range Over the Past 10 Years
Min: 65.48   Med: 82.05   Max: 104.91
Current: 76.49

During the past 12 years, Shanghai Bright Power Semiconductor Co's highest Days Payable was 104.91. The lowest was 65.48. And the median was 82.05.

SHSE:688368's Days Payable is ranked better than
69.14% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688368: 76.49

Shanghai Bright Power Semiconductor Co's Days Payable declined from Mar. 2025 (93.72) to Mar. 2026 (70.85). It may suggest that Shanghai Bright Power Semiconductor Co accelerated paying its suppliers.


Shanghai Bright Power Semiconductor Co Days Payable Related Terms


Shanghai Bright Power Semiconductor Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Bright Power Semiconductor 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.

Shanghai Bright Power Semiconductor Co Days Payable Chart

Shanghai Bright Power Semiconductor 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 75.96 76.19 65.48 85.33 92.84

Shanghai Bright Power Semiconductor 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 93.72 66.78 86.46 80.38 70.85

SHSE:688368 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Shanghai Bright Power Semiconductor 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.


Shanghai Bright Power Semiconductor Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Bright Power Semiconductor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Bright Power Semiconductor Co's Days Payable falls into.


SHSE:688368
54GF Score
Shanghai Bright Power Semiconductor Co Ltd SHSE:688368
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Bright Power Semiconductor 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.

Shanghai Bright Power Semiconductor 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
=( (235.123 + 253.623) / 2 ) / 960.772*365
=244.373 / 960.772*365
=92.84

Shanghai Bright Power Semiconductor 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
=( (253.623 + 337.893) / 2 ) / 380.92*365 / 4
=295.758 / 380.92*365 / 4
=70.85

* 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 70.85 mean?
Shanghai Bright Power Semiconductor Co (SHSE:688368) has a Days Payable of 70.85 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 Shanghai Bright Power Semiconductor Co and its competitors. This is 14% below median its historical median of 82.05. Over the past decade, Shanghai Bright Power Semiconductor Co's Days Payable has ranged from 65.48 to 104.91. According to the industry distribution chart, Shanghai Bright Power Semiconductor Co ranks #308 out of 998 companies in the Semiconductors industry, placing it in the top 30.9%.
Is Shanghai Bright Power Semiconductor Co's Days Payable too high?
Shanghai Bright Power Semiconductor Co's current Days Payable of 70.85 is 14% below median its 10-year median of 82.05. Over the past 10 years, this metric has ranged from a low of 65.48 to a high of 104.91. The Semiconductors industry median Days Payable is 52.98. Shanghai Bright Power Semiconductor Co's value of 70.85 is 33.7% above this industry median. Based on the distribution chart, Shanghai Bright Power Semiconductor Co ranks #308 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shanghai Bright Power Semiconductor Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bright Power Semiconductor Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai Bright Power Semiconductor Co ranks #308 out of 998 companies for Days Payable. This puts Shanghai Bright Power Semiconductor Co in the upper half of its industry. The industry median Days Payable is 52.98. Shanghai Bright Power Semiconductor Co's value of 70.85 is 33.7% above this benchmark. Historically, Shanghai Bright Power Semiconductor Co's own Days Payable has ranged from 65.48 to 104.91 over the past decade. While the company's 10-year median is 82.05 vs. the industry median of 52.98, Shanghai Bright Power Semiconductor 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 52.98, based on 998 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. Shanghai Bright Power Semiconductor Co's current Days Payable of 70.85 is 33.7% 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 Shanghai Bright Power Semiconductor Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bright Power Semiconductor Co's current Days Payable is 70.85, which is 14% below median its own 10-year median of 82.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Bright Power Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Bright Power Semiconductor Co (SHSE:688368) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥83.36, compared to a current price of ¥171.16 — trading 105.3% above its estimated fair value. The current Days Payable is 70.85, which is 14% below median its 10-year median of 82.05 and 33.7% above the Semiconductors industry median of 52.98. Shanghai Bright Power Semiconductor Co's overall GF Score™ is 54/100 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 Shanghai Bright Power Semiconductor Co (SHSE:688368), the current Days Payable is 70.85 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 Shanghai Bright Power Semiconductor Co (SHSE:688368) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Bright Power Semiconductor Co stock appears to be overvalued. The current stock price of ¥171.16 is trading 105.3% above its estimated GF Value™ of ¥83.36. GuruFocus considers Shanghai Bright Power Semiconductor Co to be Significantly Overvalued.

Key valuation signals for SHSE:688368:

  • Days Payable: 70.85 (14% below median its 10-year median of 82.05)
  • GF Value™: ¥83.36 vs. price of ¥171.16 (105.3% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 33.7% above the Semiconductors median (#308 of 998)

No single metric tells the full story. See the SHSE:688368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Bright Power Semiconductor Co Business Description

Address No. 2, Lane 666, Zhangheng Road, Room 504-511, 5th Floor, Pilot Free Trade Zone, Shanghai, CHN, 201203
Shanghai Bright Power Semiconductor Co Ltd is a analog and mixed-signal IC design company in China. It offers LED lightning and motor driven products.
54GF Score

Get the complete analysis for SHSE:688368

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

¥171.16
Price
¥83.36
GF Value