United Nova Technology Co (SHSE:688469) Days Payable: 99.72 (As of Mar. 2026) — 55% Below Median

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SHSE:688469 United Nova Technology Co Ltd SHSE:688469
63 GF Score
Price ¥8.48
GF Value ¥5.78
Valuation Significantly Overvalued
! 5 Warning Signs
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What is United Nova Technology Co Days Payable?

United Nova Technology Co SHSE:688469 -2.08% 63 Days Payable is 99.72 as of Mar. 2026, which is 55% below its 10-year median of 221.10. GuruFocus rates SHSE:688469 with a GF Score™ of 63/100 and a GF Value™ of ¥5.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 998 Semiconductors companies, United Nova Technology Co ranks better than 76.95% on this metric.

United Nova Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,023 Mil. United Nova Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,851 Mil. Hence, United Nova Technology Co's Days Payable for the three months ended in Mar. 2026 was 99.72.

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

SHSE:688469' s Days Payable Range Over the Past 10 Years
Min: 97.69   Med: 221.1   Max: 461.05
Current: 97.69

During the past 7 years, United Nova Technology Co's highest Days Payable was 461.05. The lowest was 97.69. And the median was 221.10.

SHSE:688469's Days Payable is ranked better than
76.95% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688469: 97.69

United Nova Technology Co's Days Payable declined from Mar. 2025 (126.64) to Mar. 2026 (99.72). It may suggest that United Nova Technology Co accelerated paying its suppliers.


United Nova Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for United Nova Technology 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.

United Nova Technology Co Days Payable Chart

United Nova Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 213.18 229.25 221.10 149.62 103.46

United Nova Technology 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 126.64 120.57 106.03 73.53 99.72

SHSE:688469 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, United Nova Technology 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.


United Nova Technology Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where United Nova Technology Co's Days Payable falls into.


SHSE:688469
63GF Score
United Nova Technology Co Ltd SHSE:688469
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Nova Technology 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.

United Nova Technology 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
=( (2360.501 + 2021.247) / 2 ) / 7729.053*365
=2190.874 / 7729.053*365
=103.46

United Nova Technology 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
=( (2021.247 + 2023.905) / 2 ) / 1850.769*365 / 4
=2022.576 / 1850.769*365 / 4
=99.72

* 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 99.72 mean?
United Nova Technology Co (SHSE:688469) has a Days Payable of 99.72 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 United Nova Technology Co and its competitors. This is 55% below median its historical median of 221.10. Over the past decade, United Nova Technology Co's Days Payable has ranged from 97.69 to 461.05. According to the industry distribution chart, United Nova Technology Co ranks #230 out of 998 companies in the Semiconductors industry, placing it in the top 23%.
Is United Nova Technology Co's Days Payable too high?
United Nova Technology Co's current Days Payable of 99.72 is 55% below median its 10-year median of 221.10. Over the past 10 years, this metric has ranged from a low of 97.69 to a high of 461.05. The Semiconductors industry median Days Payable is 52.98. United Nova Technology Co's value of 99.72 is 88.2% above this industry median. Based on the distribution chart, United Nova Technology Co ranks #230 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, United Nova Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Nova Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Nova Technology Co ranks #230 out of 998 companies for Days Payable. This places United Nova Technology Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.98. United Nova Technology Co's value of 99.72 is 88.2% above this benchmark. Historically, United Nova Technology Co's own Days Payable has ranged from 97.69 to 461.05 over the past decade. While the company's 10-year median is 221.10 vs. the industry median of 52.98, United Nova Technology 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 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. United Nova Technology Co's current Days Payable of 99.72 is 88.2% 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 United Nova Technology 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. United Nova Technology Co's current Days Payable is 99.72, which is 55% below median its own 10-year median of 221.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Nova Technology Co stock overvalued right now?
Based on GuruFocus' analysis, United Nova Technology Co (SHSE:688469) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.78, compared to a current price of ¥8.48 — trading 46.7% above its estimated fair value. The current Days Payable is 99.72, which is 55% below median its 10-year median of 221.10 and 88.2% above the Semiconductors industry median of 52.98. United Nova Technology Co's overall GF Score™ is 63/100 with 5 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 United Nova Technology Co (SHSE:688469), the current Days Payable is 99.72 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 United Nova Technology Co (SHSE:688469) Overvalued in 2026?

Based on GuruFocus' analysis, United Nova Technology Co stock appears to be overvalued. The current stock price of ¥8.48 is trading 46.7% above its estimated GF Value™ of ¥5.78. GuruFocus considers United Nova Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688469:

  • Days Payable: 99.72 (55% below median its 10-year median of 221.10)
  • GF Value™: ¥5.78 vs. price of ¥8.48 (46.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 88.2% above the Semiconductors median (#230 of 998)

No single metric tells the full story. See the SHSE:688469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Nova Technology Co Business Description

Address No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd provides foundry service focusing on technology solutions for power, connection, and sensor signal chains. On top of wafer foundry service, It also extended its foundry service to module packages in order to support semiconductor companies with one stop solution. It provides a complete manufacturing platform to support customer mass production as well as technology development.
63GF Score

Get the complete analysis for SHSE:688469

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

¥8.48
Price
¥5.78
GF Value