Shanghai Suochen Information Technology Co (SHSE:688507) Days Payable: 573.51 (As of Mar. 2026) — 132% 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:688507 Shanghai Suochen Information Technology Co Ltd SHSE:688507
80 GF Score
Price ¥147.68
GF Value ¥105.90
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Shanghai Suochen Information Technology Co Days Payable?

Shanghai Suochen Information Technology Co SHSE:688507 +14.48% 80 Days Payable is 573.51 as of Mar. 2026, which is 132% above its 10-year median of 247.64. GuruFocus rates SHSE:688507 with a GF Score™ of 80/100 and a GF Value™ of ¥105.90 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,611 Software companies, Shanghai Suochen Information Technology Co ranks better than 86.06% on this metric.

Shanghai Suochen Information Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥123.6 Mil. Shanghai Suochen Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥19.7 Mil. Hence, Shanghai Suochen Information Technology Co's Days Payable for the three months ended in Mar. 2026 was 573.51.

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

SHSE:688507' s Days Payable Range Over the Past 10 Years
Min: 171.14   Med: 247.64   Max: 329
Current: 239.65

During the past 7 years, Shanghai Suochen Information Technology Co's highest Days Payable was 329.00. The lowest was 171.14. And the median was 247.64.

SHSE:688507's Days Payable is ranked better than
86.06% of 2611 companies
in the Software industry
Industry Median: 52.64 vs SHSE:688507: 239.65

Shanghai Suochen Information Technology Co's Days Payable increased from Mar. 2025 (298.56) to Mar. 2026 (573.51). It may suggest that Shanghai Suochen Information Technology Co delayed paying its suppliers.


Shanghai Suochen Information Technology Co Days Payable Related Terms


Shanghai Suochen Information Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Suochen Information 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.

Shanghai Suochen Information Technology Co Days Payable Chart

Shanghai Suochen Information Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 171.14 195.58 329.00 293.04 247.64

Shanghai Suochen Information Technology Co Quarterly Data
Dec19 Dec20 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 298.56 743.79 228.28 106.43 573.51

SHSE:688507 vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Shanghai Suochen Information 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.


Shanghai Suochen Information Technology Co Days Payable vs Software Industry

For the Software industry and Technology sector, Shanghai Suochen Information Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Suochen Information Technology Co's Days Payable falls into.


SHSE:688507
80GF Score
Shanghai Suochen Information Technology Co Ltd SHSE:688507
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Suochen Information 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.

Shanghai Suochen Information 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
=( (74.28 + 126.96) / 2 ) / 148.307*365
=100.62 / 148.307*365
=247.64

Shanghai Suochen Information 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
=( (126.96 + 120.22) / 2 ) / 19.664*365 / 4
=123.59 / 19.664*365 / 4
=573.51

* 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 573.51 mean?
Shanghai Suochen Information Technology Co (SHSE:688507) has a Days Payable of 573.51 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 Shanghai Suochen Information Technology Co and its competitors. This is 132% above median its historical median of 247.64. Over the past decade, Shanghai Suochen Information Technology Co's Days Payable has ranged from 171.14 to 329.00. According to the industry distribution chart, Shanghai Suochen Information Technology Co ranks #364 out of 2611 companies in the Software industry, placing it in the top 13.9%.
Is Shanghai Suochen Information Technology Co's Days Payable too high?
Shanghai Suochen Information Technology Co's current Days Payable of 573.51 is 132% above median its 10-year median of 247.64. Over the past 10 years, this metric has ranged from a low of 171.14 to a high of 329.00. The Software industry median Days Payable is 52.64. Shanghai Suochen Information Technology Co's value of 573.51 is 989.5% above this industry median. Based on the distribution chart, Shanghai Suochen Information Technology Co ranks #364 out of 2611 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Suochen Information Technology Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Suochen Information Technology Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Shanghai Suochen Information Technology Co ranks #364 out of 2611 companies for Days Payable. This places Shanghai Suochen Information Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.64. Shanghai Suochen Information Technology Co's value of 573.51 is 989.5% above this benchmark. Historically, Shanghai Suochen Information Technology Co's own Days Payable has ranged from 171.14 to 329.00 over the past decade. While the company's 10-year median is 247.64 vs. the industry median of 52.64, Shanghai Suochen Information 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 Software company?
The median Days Payable among Software companies is 52.64, based on 2,611 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. Shanghai Suochen Information Technology Co's current Days Payable of 573.51 is 989.5% 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 Shanghai Suochen Information Technology Co and its competitors. For the Software industry, the median Days Payable is 52.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Suochen Information Technology Co's current Days Payable is 573.51, which is 132% above median its own 10-year median of 247.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Suochen Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Suochen Information Technology Co (SHSE:688507) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥105.90, compared to a current price of ¥147.68 — trading 39.5% above its estimated fair value. The current Days Payable is 573.51, which is 132% above median its 10-year median of 247.64 and 989.5% above the Software industry median of 52.64. Shanghai Suochen Information Technology Co's overall GF Score™ is 80/100 with 6 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 Shanghai Suochen Information Technology Co (SHSE:688507), the current Days Payable is 573.51 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 Shanghai Suochen Information Technology Co (SHSE:688507) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Suochen Information Technology Co stock appears to be overvalued. The current stock price of ¥147.68 is trading 39.5% above its estimated GF Value™ of ¥105.90. GuruFocus considers Shanghai Suochen Information Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688507:

  • Days Payable: 573.51 (132% above median its 10-year median of 247.64)
  • GF Value™: ¥105.90 vs. price of ¥147.68 (39.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 989.5% above the Software median (#364 of 2611)

No single metric tells the full story. See the SHSE:688507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Suochen Information Technology Co Business Description

Address No. 27, Xinjinqiao Road, 2F, Building No. 13, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206
Shanghai Suochen Information Technology Co Ltd takes simulation to lead the future, achieve customer innovation as its corporate vision, and develops engineering simulation software and related solutions independently. Suochen Technology is a high-tech enterprise focusing on CAE software R&D, sales and service. Computer Aided Engineering (CAE) refers to the use of computer software to simulate the working status and behavior of products/engineering projects based on physical models in the product/engineering design stage to predict their functional availability, reliability, efficiency and safety. performance, etc., to achieve product/engineering design optimization, to ensure that the product/project achieves the expected function and meets various performance indicators.
80GF Score

Get the complete analysis for SHSE:688507

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

¥147.68
Price
¥105.90
GF Value