Union Semiconductor (Hefei) Co (SHSE:688403) Days Payable: 38.83 (As of Mar. 2026) — 15% Below Median

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SHSE:688403 Union Semiconductor (Hefei) Co Ltd SHSE:688403
45 GF Score
Price ¥29.87
GF Value ¥11.09
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Union Semiconductor (Hefei) Co Days Payable?

Union Semiconductor (Hefei) Co SHSE:688403 -8.32% 45 Days Payable is 38.83 as of Mar. 2026, which is 15% below its 10-year median of 45.79. GuruFocus rates SHSE:688403 with a GF Score™ of 45/100 and a GF Value™ of ¥11.09 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 998 Semiconductors companies, Union Semiconductor (Hefei) Co ranks worse than 64.03% on this metric.

Union Semiconductor (Hefei) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥150 Mil. Union Semiconductor (Hefei) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥351 Mil. Hence, Union Semiconductor (Hefei) Co's Days Payable for the three months ended in Mar. 2026 was 38.83.

The historical rank and industry rank for Union Semiconductor (Hefei) Co's Days Payable or its related term are showing as below:

SHSE:688403' s Days Payable Range Over the Past 10 Years
Min: 34.45   Med: 45.79   Max: 134.6
Current: 41.36

During the past 8 years, Union Semiconductor (Hefei) Co's highest Days Payable was 134.60. The lowest was 34.45. And the median was 45.79.

SHSE:688403's Days Payable is ranked worse than
64.03% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688403: 41.36

Union Semiconductor (Hefei) Co's Days Payable declined from Mar. 2025 (44.92) to Mar. 2026 (38.83). It may suggest that Union Semiconductor (Hefei) Co accelerated paying its suppliers.


Union Semiconductor (Hefei) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) Co Days Payable Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 44.77 45.69 45.88 44.05 34.45

Union Semiconductor (Hefei) 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 44.92 38.76 51.89 38.76 38.83

SHSE:688403 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Union Semiconductor (Hefei) 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.


Union Semiconductor (Hefei) Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's Days Payable falls into.


SHSE:688403
45GF Score
Union Semiconductor (Hefei) Co Ltd SHSE:688403
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) 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
=( (138.023 + 125.395) / 2 ) / 1395.393*365
=131.709 / 1395.393*365
=34.45

Union Semiconductor (Hefei) 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
=( (125.395 + 173.63) / 2 ) / 351.326*365 / 4
=149.5125 / 351.326*365 / 4
=38.83

* 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 38.83 mean?
Union Semiconductor (Hefei) Co (SHSE:688403) has a Days Payable of 38.83 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 Union Semiconductor (Hefei) Co and its competitors. This is 15% below median its historical median of 45.79. Over the past decade, Union Semiconductor (Hefei) Co's Days Payable has ranged from 34.45 to 134.60. According to the industry distribution chart, Union Semiconductor (Hefei) Co ranks #639 out of 998 companies in the Semiconductors industry, placing it in the top 64%.
Is Union Semiconductor (Hefei) Co's Days Payable too high?
Union Semiconductor (Hefei) Co's current Days Payable of 38.83 is 15% below median its 10-year median of 45.79. Over the past 10 years, this metric has ranged from a low of 34.45 to a high of 134.60. The Semiconductors industry median Days Payable is 52.98. Union Semiconductor (Hefei) Co's value of 38.83 is 26.7% below this industry median. Based on the distribution chart, Union Semiconductor (Hefei) Co ranks #639 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Union Semiconductor (Hefei) Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Semiconductor (Hefei) Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Union Semiconductor (Hefei) Co ranks #639 out of 998 companies for Days Payable. This places Union Semiconductor (Hefei) Co in the lower half of its industry. The industry median Days Payable is 52.98. Union Semiconductor (Hefei) Co's value of 38.83 is 26.7% below this benchmark. Historically, Union Semiconductor (Hefei) Co's own Days Payable has ranged from 34.45 to 134.60 over the past decade. While the company's 10-year median is 45.79 vs. the industry median of 52.98, Union Semiconductor (Hefei) Co has consistently been below 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. Union Semiconductor (Hefei) Co's current Days Payable of 38.83 is 26.7% below 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 Union Semiconductor (Hefei) 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. Union Semiconductor (Hefei) Co's current Days Payable is 38.83, which is 15% below median its own 10-year median of 45.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Semiconductor (Hefei) Co stock overvalued right now?
Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co (SHSE:688403) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.09, compared to a current price of ¥29.87 — trading 169.3% above its estimated fair value. The current Days Payable is 38.83, which is 15% below median its 10-year median of 45.79 and 26.7% below the Semiconductors industry median of 52.98. Union Semiconductor (Hefei) Co's overall GF Score™ is 45/100 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 Union Semiconductor (Hefei) Co (SHSE:688403), the current Days Payable is 38.83 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 Union Semiconductor (Hefei) Co (SHSE:688403) Overvalued in 2026?

Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co stock appears to be overvalued. The current stock price of ¥29.87 is trading 169.3% above its estimated GF Value™ of ¥11.09. GuruFocus considers Union Semiconductor (Hefei) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688403:

  • Days Payable: 38.83 (15% below median its 10-year median of 45.79)
  • GF Value™: ¥11.09 vs. price of ¥29.87 (169.3% above fair value)
  • GF Score™: 45/100 with 10 warning signs
  • Industry Position: 26.7% below the Semiconductors median (#639 of 998)

No single metric tells the full story. See the SHSE:688403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Semiconductor (Hefei) Co Business Description

Address Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core, and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.
45GF Score

Get the complete analysis for SHSE:688403

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

¥29.87
Price
¥11.09
GF Value