Farsoon Technologies Co (SHSE:688433) Days Payable: 481.38 (As of Mar. 2026) — 160% 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:688433 Farsoon Technologies Co Ltd SHSE:688433
82 GF Score
Price ¥78.98
GF Value ¥58.11
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Farsoon Technologies Co Days Payable?

Farsoon Technologies Co SHSE:688433 -2.75% 82 Days Payable is 481.38 as of Mar. 2026, which is 160% above its 10-year median of 184.85. GuruFocus rates SHSE:688433 with a GF Score™ of 82/100 and a GF Value™ of ¥58.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,993 Industrial Products companies, Farsoon Technologies Co ranks better than 94.92% on this metric.

Farsoon Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥377.7 Mil. Farsoon Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥71.6 Mil. Hence, Farsoon Technologies Co's Days Payable for the three months ended in Mar. 2026 was 481.38.

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

SHSE:688433' s Days Payable Range Over the Past 10 Years
Min: 105.5   Med: 184.85   Max: 335.47
Current: 302.7

During the past 7 years, Farsoon Technologies Co's highest Days Payable was 335.47. The lowest was 105.50. And the median was 184.85.

SHSE:688433's Days Payable is ranked better than
94.92% of 2993 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:688433: 302.70

Farsoon Technologies Co's Days Payable increased from Mar. 2025 (368.00) to Mar. 2026 (481.38). It may suggest that Farsoon Technologies Co delayed paying its suppliers.


Farsoon Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Farsoon Technologies 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.

Farsoon Technologies Co Days Payable Chart

Farsoon Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 132.72 190.55 184.85 335.47 317.04

Farsoon Technologies Co Quarterly Data
Dec20 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 368.00 430.48 301.38 187.69 481.38

SHSE:688433 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Farsoon Technologies 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.


Farsoon Technologies Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Farsoon Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Farsoon Technologies Co's Days Payable falls into.


SHSE:688433
82GF Score
Farsoon Technologies Co Ltd SHSE:688433
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Farsoon Technologies 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.

Farsoon Technologies 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
=( (323.522 + 379.025) / 2 ) / 404.409*365
=351.2735 / 404.409*365
=317.04

Farsoon Technologies 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
=( (379.025 + 376.319) / 2 ) / 71.591*365 / 4
=377.672 / 71.591*365 / 4
=481.38

* 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 481.38 mean?
Farsoon Technologies Co (SHSE:688433) has a Days Payable of 481.38 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 Farsoon Technologies Co and its competitors. This is 160% above median its historical median of 184.85. Over the past decade, Farsoon Technologies Co's Days Payable has ranged from 105.50 to 335.47. According to the industry distribution chart, Farsoon Technologies Co ranks #152 out of 2993 companies in the Industrial Products industry, placing it in the top 5.1%.
Is Farsoon Technologies Co's Days Payable too high?
Farsoon Technologies Co's current Days Payable of 481.38 is 160% above median its 10-year median of 184.85. Over the past 10 years, this metric has ranged from a low of 105.50 to a high of 335.47. The Industrial Products industry median Days Payable is 78.05. Farsoon Technologies Co's value of 481.38 is 516.8% above this industry median. Based on the distribution chart, Farsoon Technologies Co ranks #152 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Farsoon Technologies Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farsoon Technologies Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Farsoon Technologies Co ranks #152 out of 2993 companies for Days Payable. This places Farsoon Technologies Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Farsoon Technologies Co's value of 481.38 is 516.8% above this benchmark. Historically, Farsoon Technologies Co's own Days Payable has ranged from 105.50 to 335.47 over the past decade. While the company's 10-year median is 184.85 vs. the industry median of 78.05, Farsoon Technologies 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,993 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. Farsoon Technologies Co's current Days Payable of 481.38 is 516.8% 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 Farsoon Technologies Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farsoon Technologies Co's current Days Payable is 481.38, which is 160% above median its own 10-year median of 184.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farsoon Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Farsoon Technologies Co (SHSE:688433) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥58.11, compared to a current price of ¥78.98 — trading 35.9% above its estimated fair value. The current Days Payable is 481.38, which is 160% above median its 10-year median of 184.85 and 516.8% above the Industrial Products industry median of 78.05. Farsoon Technologies Co's overall GF Score™ is 82/100 with 7 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 Farsoon Technologies Co (SHSE:688433), the current Days Payable is 481.38 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 Farsoon Technologies Co (SHSE:688433) Overvalued in 2026?

Based on GuruFocus' analysis, Farsoon Technologies Co stock appears to be overvalued. The current stock price of ¥78.98 is trading 35.9% above its estimated GF Value™ of ¥58.11. GuruFocus considers Farsoon Technologies Co to be Significantly Overvalued.

Key valuation signals for SHSE:688433:

  • Days Payable: 481.38 (160% above median its 10-year median of 184.85)
  • GF Value™: ¥58.11 vs. price of ¥78.98 (35.9% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 516.8% above the Industrial Products median (#152 of 2993)

No single metric tells the full story. See the SHSE:688433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farsoon Technologies Co Business Description

Address No. 2710, Yuelu West Avenue, Yuelu District, Hunan Province, Changsha, CHN, 410000
Farsoon Technologies Co Ltd provides industrial-grade metal additive manufacturing systems with different molding cylinder sizes and different laser configurations, auxiliary equipment, and rich material processes to help users accelerate the industrialization of additive manufacturing.
82GF Score

Get the complete analysis for SHSE:688433

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

¥78.98
Price
¥58.11
GF Value