Shenzhen United Winners Laser Co (SHSE:688518) Days Payable: 338.72 (As of Mar. 2026) — 34% Above Median

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SHSE:688518 Shenzhen United Winners Laser Co Ltd SHSE:688518
91 GF Score
Price ¥17.48
GF Value ¥19.82
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shenzhen United Winners Laser Co Days Payable?

Shenzhen United Winners Laser Co SHSE:688518 -3.96% 91 Days Payable is 338.72 as of Mar. 2026, which is 34% above its 10-year median of 252.94. GuruFocus rates SHSE:688518 with a GF Score™ of 91/100 and a GF Value™ of ¥19.82 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,993 Industrial Products companies, Shenzhen United Winners Laser Co ranks better than 95.69% on this metric.

Shenzhen United Winners Laser Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,404 Mil. Shenzhen United Winners Laser Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥648 Mil. Hence, Shenzhen United Winners Laser Co's Days Payable for the three months ended in Mar. 2026 was 338.72.

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

SHSE:688518' s Days Payable Range Over the Past 10 Years
Min: 147.44   Med: 252.94   Max: 325.63
Current: 325.63

During the past 13 years, Shenzhen United Winners Laser Co's highest Days Payable was 325.63. The lowest was 147.44. And the median was 252.94.

SHSE:688518's Days Payable is ranked better than
95.69% of 2993 companies
in the Industrial Products industry
Industry Median: 78.05 vs SHSE:688518: 325.63

Shenzhen United Winners Laser Co's Days Payable increased from Mar. 2025 (231.43) to Mar. 2026 (338.72). It may suggest that Shenzhen United Winners Laser Co delayed paying its suppliers.


Shenzhen United Winners Laser Co Days Payable Related Terms


Shenzhen United Winners Laser Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co Days Payable Chart

Shenzhen United Winners Laser 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 322.92 269.61 252.94 278.41 299.49

Shenzhen United Winners Laser 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 231.43 351.81 382.40 258.36 338.72

SHSE:688518 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.


Shenzhen United Winners Laser Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's Days Payable falls into.


SHSE:688518
91GF Score
Shenzhen United Winners Laser Co Ltd SHSE:688518
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser 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
=( (1588.998 + 2245.203) / 2 ) / 2336.423*365
=1917.1005 / 2336.423*365
=299.49

Shenzhen United Winners Laser 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
=( (2245.203 + 2562.376) / 2 ) / 647.573*365 / 4
=2403.7895 / 647.573*365 / 4
=338.72

* 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 338.72 mean?
Shenzhen United Winners Laser Co (SHSE:688518) has a Days Payable of 338.72 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 Shenzhen United Winners Laser Co and its competitors. This is 34% above median its historical median of 252.94. Over the past decade, Shenzhen United Winners Laser Co's Days Payable has ranged from 147.44 to 325.63. According to the industry distribution chart, Shenzhen United Winners Laser Co ranks #129 out of 2993 companies in the Industrial Products industry, placing it in the top 4.3%.
Is Shenzhen United Winners Laser Co's Days Payable too high?
Shenzhen United Winners Laser Co's current Days Payable of 338.72 is 34% above median its 10-year median of 252.94. Over the past 10 years, this metric has ranged from a low of 147.44 to a high of 325.63. The Industrial Products industry median Days Payable is 78.05. Shenzhen United Winners Laser Co's value of 338.72 is 334% above this industry median. Based on the distribution chart, Shenzhen United Winners Laser Co ranks #129 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen United Winners Laser Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen United Winners Laser Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen United Winners Laser Co ranks #129 out of 2993 companies for Days Payable. This places Shenzhen United Winners Laser Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Shenzhen United Winners Laser Co's value of 338.72 is 334% above this benchmark. Historically, Shenzhen United Winners Laser Co's own Days Payable has ranged from 147.44 to 325.63 over the past decade. While the company's 10-year median is 252.94 vs. the industry median of 78.05, Shenzhen United Winners Laser 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. Shenzhen United Winners Laser Co's current Days Payable of 338.72 is 334% 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 Shenzhen United Winners Laser 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. Shenzhen United Winners Laser Co's current Days Payable is 338.72, which is 34% above median its own 10-year median of 252.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen United Winners Laser Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen United Winners Laser Co (SHSE:688518) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.82, compared to a current price of ¥17.48 — trading 11.8% below its estimated fair value. The current Days Payable is 338.72, which is 34% above median its 10-year median of 252.94 and 334% above the Industrial Products industry median of 78.05. Shenzhen United Winners Laser Co's overall GF Score™ is 91/100 with 8 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 Shenzhen United Winners Laser Co (SHSE:688518), the current Days Payable is 338.72 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 Shenzhen United Winners Laser Co (SHSE:688518) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen United Winners Laser Co stock appears to be undervalued. The current stock price of ¥17.48 is trading 11.8% below its estimated GF Value™ of ¥19.82. GuruFocus considers Shenzhen United Winners Laser Co to be Modestly Undervalued.

Key valuation signals for SHSE:688518:

  • Days Payable: 338.72 (34% above median its 10-year median of 252.94)
  • GF Value™: ¥19.82 vs. price of ¥17.48 (11.8% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 334% above the Industrial Products median (#129 of 2993)

No single metric tells the full story. See the SHSE:688518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen United Winners Laser Co Business Description

Address 3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
91GF Score

Get the complete analysis for SHSE:688518

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

¥17.48
Price
¥19.82
GF Value