Arctech Solar Holding Co (SHSE:688408) Days Payable: 252.23 (As of Mar. 2026) — 23% Above Median

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SHSE:688408 Arctech Solar Holding Co Ltd SHSE:688408
75 GF Score
Price ¥24.70
GF Value ¥49.42
Valuation Possible Value Trap
! 9 Warning Signs
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What is Arctech Solar Holding Co Days Payable?

Arctech Solar Holding Co SHSE:688408 -4.60% 75 Days Payable is 252.23 as of Mar. 2026, which is 23% above its 10-year median of 204.34. GuruFocus rates SHSE:688408 with a GF Score™ of 75/100 and a GF Value™ of ¥49.42 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 999 Semiconductors companies, Arctech Solar Holding Co ranks better than 90.69% on this metric.

Arctech Solar Holding Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,322 Mil. Arctech Solar Holding Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,202 Mil. Hence, Arctech Solar Holding Co's Days Payable for the three months ended in Mar. 2026 was 252.23.

The historical rank and industry rank for Arctech Solar Holding Co's Days Payable or its related term are showing as below:

SHSE:688408' s Days Payable Range Over the Past 10 Years
Min: 150.55   Med: 204.34   Max: 326.1
Current: 204.17

During the past 10 years, Arctech Solar Holding Co's highest Days Payable was 326.10. The lowest was 150.55. And the median was 204.34.

SHSE:688408's Days Payable is ranked better than
90.69% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688408: 204.17

Arctech Solar Holding Co's Days Payable increased from Mar. 2025 (233.22) to Mar. 2026 (252.23). It may suggest that Arctech Solar Holding Co delayed paying its suppliers.


Arctech Solar Holding Co Days Payable Historical Data

* Premium members only.

The historical data trend for Arctech Solar Holding 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.

Arctech Solar Holding Co Days Payable Chart

Arctech Solar Holding 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 326.10 230.45 188.67 167.11 204.34

Arctech Solar Holding 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 233.22 134.39 246.09 222.13 252.23

SHSE:688408 vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Arctech Solar Holding 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.


Arctech Solar Holding Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Arctech Solar Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Arctech Solar Holding Co's Days Payable falls into.


SHSE:688408
75GF Score
Arctech Solar Holding Co Ltd SHSE:688408
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Arctech Solar Holding 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.

Arctech Solar Holding 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
=( (3369.149 + 3020.134) / 2 ) / 5706.441*365
=3194.6415 / 5706.441*365
=204.34

Arctech Solar Holding 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
=( (3020.134 + 3624.705) / 2 ) / 1201.941*365 / 4
=3322.4195 / 1201.941*365 / 4
=252.23

* 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 252.23 mean?
Arctech Solar Holding Co (SHSE:688408) has a Days Payable of 252.23 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 Arctech Solar Holding Co and its competitors. This is 23% above median its historical median of 204.34. Over the past decade, Arctech Solar Holding Co's Days Payable has ranged from 150.55 to 326.10. According to the industry distribution chart, Arctech Solar Holding Co ranks #93 out of 999 companies in the Semiconductors industry, placing it in the top 9.3%.
Is Arctech Solar Holding Co's Days Payable too high?
Arctech Solar Holding Co's current Days Payable of 252.23 is 23% above median its 10-year median of 204.34. Over the past 10 years, this metric has ranged from a low of 150.55 to a high of 326.10. The Semiconductors industry median Days Payable is 53.06. Arctech Solar Holding Co's value of 252.23 is 375.4% above this industry median. Based on the distribution chart, Arctech Solar Holding Co ranks #93 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Arctech Solar Holding Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctech Solar Holding Co's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Arctech Solar Holding Co ranks #93 out of 999 companies for Days Payable. This places Arctech Solar Holding Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Arctech Solar Holding Co's value of 252.23 is 375.4% above this benchmark. Historically, Arctech Solar Holding Co's own Days Payable has ranged from 150.55 to 326.10 over the past decade. While the company's 10-year median is 204.34 vs. the industry median of 53.06, Arctech Solar Holding 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 53.06, based on 999 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. Arctech Solar Holding Co's current Days Payable of 252.23 is 375.4% 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 Arctech Solar Holding Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctech Solar Holding Co's current Days Payable is 252.23, which is 23% above median its own 10-year median of 204.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥49.42, compared to a current price of ¥24.70 — trading 50% below its estimated fair value. The current Days Payable is 252.23, which is 23% above median its 10-year median of 204.34 and 375.4% above the Semiconductors industry median of 53.06. Arctech Solar Holding Co's overall GF Score™ is 75/100 with 9 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 Arctech Solar Holding Co (SHSE:688408), the current Days Payable is 252.23 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?

Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued. The current stock price of ¥24.70 is trading 50% below its estimated GF Value™ of ¥49.42. GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.

Key valuation signals for SHSE:688408:

  • Days Payable: 252.23 (23% above median its 10-year median of 204.34)
  • GF Value™: ¥49.42 vs. price of ¥24.70 (50% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 375.4% above the Semiconductors median (#93 of 999)

No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arctech Solar Holding Co Business Description

Address 2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
75GF Score

Get the complete analysis for SHSE:688408

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

¥24.70
Price
¥49.42
GF Value