* 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.
China Resources Microelectronics Days Payable Chart
SHSE:688396 vs NVDA, AVGO, MU: Days Payable Comparison
For the Semiconductors subindustry, China Resources Microelectronics'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.
China Resources Microelectronics Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, China Resources Microelectronics's Days Payable distribution charts can be found below:
* The bar in red indicates where China Resources Microelectronics's Days Payable falls into.
China Resources Microelectronics 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.
* 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.
China Resources Microelectronics (SHSE:688396) has a Days Payable of 69.18 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 China Resources Microelectronics and its competitors. This is near median its historical median of 68.30. Over the past decade, China Resources Microelectronics' Days Payable has ranged from 61.16 to 76.28. According to the industry distribution chart, China Resources Microelectronics ranks #378 out of 996 companies in the Semiconductors industry, placing it in the top 38%.
Is China Resources Microelectronics' Days Payable too high?
China Resources Microelectronics' current Days Payable of 69.18 is near median its 10-year median of 68.30. Over the past 10 years, this metric has ranged from a low of 61.16 to a high of 76.28. The Semiconductors industry median Days Payable is 52.98. China Resources Microelectronics' value of 69.18 is 30.6% above this industry median. Based on the distribution chart, China Resources Microelectronics ranks #378 out of 996 companies in the Semiconductors industry, which is above the industry midpoint. Overall, China Resources Microelectronics has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, China Resources Microelectronics ranks #378 out of 996 companies for Days Payable. This puts China Resources Microelectronics in the upper half of its industry. The industry median Days Payable is 52.98. China Resources Microelectronics' value of 69.18 is 30.6% above this benchmark. Historically, China Resources Microelectronics' own Days Payable has ranged from 61.16 to 76.28 over the past decade. While the company's 10-year median is 68.30 vs. the industry median of 52.98, China Resources Microelectronics 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 996 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. China Resources Microelectronics's current Days Payable of 69.18 is 30.6% 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 China Resources Microelectronics 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. China Resources Microelectronics's current Days Payable is 69.18, which is near median its own 10-year median of 68.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥56.18, compared to a current price of ¥85.00 — trading 51.3% above its estimated fair value. The current Days Payable is 69.18, which is near median its 10-year median of 68.30 and 30.6% above the Semiconductors industry median of 52.98. China Resources Microelectronics' overall GF Score™ is 81/100 with 10 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 China Resources Microelectronics (SHSE:688396), the current Days Payable is 69.18 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 China Resources Microelectronics (SHSE:688396) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued.
The current stock price of ¥85.00 is trading 51.3% above its estimated GF Value™ of ¥56.18.
GuruFocus considers China Resources Microelectronics to be Significantly Overvalued.
Key valuation signals for SHSE:688396:
Days Payable: 69.18 (near median its 10-year median of 68.30)
GF Value™: ¥56.18 vs. price of ¥85.00 (51.3% above fair value)
Industry Position: 30.6% above the Semiconductors median (#378 of 996)
No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Microelectronics Business Description
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
81GF Score
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