Beijing Seeyon Internet Software (SHSE:688369) Days Payable: 364.04 (As of Mar. 2026) — 168% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688369 Beijing Seeyon Internet Software Corp SHSE:688369
76 GF Score
Price ¥17.55
GF Value ¥26.61
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Beijing Seeyon Internet Software Days Payable?

Beijing Seeyon Internet Software SHSE:688369 -1.63% 76 Days Payable is 364.04 as of Mar. 2026, which is 168% above its 10-year median of 135.84. GuruFocus rates SHSE:688369 with a GF Score™ of 76/100 and a GF Value™ of ¥26.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,605 Software companies, Beijing Seeyon Internet Software ranks better than 79.04% on this metric.

Beijing Seeyon Internet Software's average Accounts Payable for the three months ended in Mar. 2026 was ¥217.4 Mil. Beijing Seeyon Internet Software's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥54.5 Mil. Hence, Beijing Seeyon Internet Software's Days Payable for the three months ended in Mar. 2026 was 364.04.

The historical rank and industry rank for Beijing Seeyon Internet Software's Days Payable or its related term are showing as below:

SHSE:688369' s Days Payable Range Over the Past 10 Years
Min: 117.74   Med: 135.84   Max: 204.92
Current: 157.03

During the past 10 years, Beijing Seeyon Internet Software's highest Days Payable was 204.92. The lowest was 117.74. And the median was 135.84.

SHSE:688369's Days Payable is ranked better than
79.04% of 2605 companies
in the Software industry
Industry Median: 52.79 vs SHSE:688369: 157.03

Beijing Seeyon Internet Software's Days Payable increased from Mar. 2025 (341.14) to Mar. 2026 (364.04). It may suggest that Beijing Seeyon Internet Software delayed paying its suppliers.


Beijing Seeyon Internet Software Days Payable Related Terms


Beijing Seeyon Internet Software Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing Seeyon Internet Software'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.

Beijing Seeyon Internet Software Days Payable Chart

Beijing Seeyon Internet Software 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 117.74 156.52 160.58 204.92 195.90

Beijing Seeyon Internet Software 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 341.14 133.93 145.39 114.87 364.04

SHSE:688369 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Beijing Seeyon Internet Software'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.


Beijing Seeyon Internet Software Days Payable vs Software Industry

For the Software industry and Technology sector, Beijing Seeyon Internet Software's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Seeyon Internet Software's Days Payable falls into.


SHSE:688369
76GF Score
Beijing Seeyon Internet Software Corp SHSE:688369
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Seeyon Internet Software 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.

Beijing Seeyon Internet Software'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
=( (178.642 + 239.824) / 2 ) / 389.846*365
=209.233 / 389.846*365
=195.90

Beijing Seeyon Internet Software'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
=( (239.824 + 194.895) / 2 ) / 54.483*365 / 4
=217.3595 / 54.483*365 / 4
=364.04

* 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 364.04 mean?
Beijing Seeyon Internet Software (SHSE:688369) has a Days Payable of 364.04 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 Beijing Seeyon Internet Software and its competitors. This is 168% above median its historical median of 135.84. Over the past decade, Beijing Seeyon Internet Software's Days Payable has ranged from 117.74 to 204.92. According to the industry distribution chart, Beijing Seeyon Internet Software ranks #546 out of 2605 companies in the Software industry, placing it in the top 21%.
Is Beijing Seeyon Internet Software's Days Payable too high?
Beijing Seeyon Internet Software's current Days Payable of 364.04 is 168% above median its 10-year median of 135.84. Over the past 10 years, this metric has ranged from a low of 117.74 to a high of 204.92. The Software industry median Days Payable is 52.79. Beijing Seeyon Internet Software's value of 364.04 is 589.6% above this industry median. Based on the distribution chart, Beijing Seeyon Internet Software ranks #546 out of 2605 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Seeyon Internet Software has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Seeyon Internet Software's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Beijing Seeyon Internet Software ranks #546 out of 2605 companies for Days Payable. This places Beijing Seeyon Internet Software in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Beijing Seeyon Internet Software's value of 364.04 is 589.6% above this benchmark. Historically, Beijing Seeyon Internet Software's own Days Payable has ranged from 117.74 to 204.92 over the past decade. While the company's 10-year median is 135.84 vs. the industry median of 52.79, Beijing Seeyon Internet Software 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 2,605 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. Beijing Seeyon Internet Software's current Days Payable of 364.04 is 589.6% 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 Beijing Seeyon Internet Software 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. Beijing Seeyon Internet Software's current Days Payable is 364.04, which is 168% above median its own 10-year median of 135.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Seeyon Internet Software stock overvalued right now?
Based on GuruFocus' analysis, Beijing Seeyon Internet Software (SHSE:688369) is currently considered Possible Value Trap. The stock's GF Value™ is ¥26.61, compared to a current price of ¥17.55 — trading 34% below its estimated fair value. The current Days Payable is 364.04, which is 168% above median its 10-year median of 135.84 and 589.6% above the Software industry median of 52.79. Beijing Seeyon Internet Software's overall GF Score™ is 76/100 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 Beijing Seeyon Internet Software (SHSE:688369), the current Days Payable is 364.04 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 Beijing Seeyon Internet Software (SHSE:688369) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Seeyon Internet Software stock appears to be undervalued. The current stock price of ¥17.55 is trading 34% below its estimated GF Value™ of ¥26.61. GuruFocus considers Beijing Seeyon Internet Software to be Possible Value Trap.

Key valuation signals for SHSE:688369:

  • Days Payable: 364.04 (168% above median its 10-year median of 135.84)
  • GF Value™: ¥26.61 vs. price of ¥17.55 (34% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 589.6% above the Software median (#546 of 2605)

No single metric tells the full story. See the SHSE:688369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Seeyon Internet Software Business Description

Address No. 25, Beiwu Village Road, Block N, Jingxinyuan, Haidian District, Beijing, CHN, 100195
Beijing Seeyon Internet Software Corp is a collaborative management software and cloud service provider in China.
76GF Score

Get the complete analysis for SHSE:688369

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

¥17.55
Price
¥26.61
GF Value