Biwin Storage Technology Co (SHSE:688525) Days Payable: 70.37 (As of Mar. 2026) — 19% Above Median

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SHSE:688525 Biwin Storage Technology Co Ltd SHSE:688525
74 GF Score
Price ¥236.38
GF Value ¥223.67
Valuation Fairly Valued
! 6 Warning Signs
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What is Biwin Storage Technology Co Days Payable?

Biwin Storage Technology Co SHSE:688525 -5.60% 74 Days Payable is 70.37 as of Mar. 2026, which is 19% above its 10-year median of 58.90. GuruFocus rates SHSE:688525 with a GF Score™ of 74/100 and a GF Value™ of ¥223.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Biwin Storage Technology Co ranks better than 61.26% on this metric.

Biwin Storage Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,454 Mil. Biwin Storage Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥3,182 Mil. Hence, Biwin Storage Technology Co's Days Payable for the three months ended in Mar. 2026 was 70.37.

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

SHSE:688525' s Days Payable Range Over the Past 10 Years
Min: 48.6   Med: 58.9   Max: 80.48
Current: 63.07

During the past 8 years, Biwin Storage Technology Co's highest Days Payable was 80.48. The lowest was 48.60. And the median was 58.90.

SHSE:688525's Days Payable is ranked better than
61.26% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688525: 63.07

Biwin Storage Technology Co's Days Payable increased from Mar. 2025 (58.88) to Mar. 2026 (70.37). It may suggest that Biwin Storage Technology Co delayed paying its suppliers.


Biwin Storage Technology Co Days Payable Historical Data

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The historical data trend for Biwin Storage 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.

Biwin Storage Technology Co Days Payable Chart

Biwin Storage Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 60.48 48.60 52.11 50.32 64.68

Biwin Storage 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 58.88 57.00 66.44 56.53 70.37

SHSE:688525 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Biwin Storage 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.


Biwin Storage Technology Co Days Payable vs Semiconductors Industry

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

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


SHSE:688525
74GF Score
Biwin Storage Technology Co Ltd SHSE:688525
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Biwin Storage 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.

Biwin Storage 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
=( (809.35 + 2337.474) / 2 ) / 8879.168*365
=1573.412 / 8879.168*365
=64.68

Biwin Storage 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
=( (2337.474 + 2570.508) / 2 ) / 3181.925*365 / 4
=2453.991 / 3181.925*365 / 4
=70.37

* 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 70.37 mean?
Biwin Storage Technology Co (SHSE:688525) has a Days Payable of 70.37 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 Biwin Storage Technology Co and its competitors. This is 19% above median its historical median of 58.90. Over the past decade, Biwin Storage Technology Co's Days Payable has ranged from 48.60 to 80.48. According to the industry distribution chart, Biwin Storage Technology Co ranks #387 out of 999 companies in the Semiconductors industry, placing it in the top 38.7%.
Is Biwin Storage Technology Co's Days Payable too high?
Biwin Storage Technology Co's current Days Payable of 70.37 is 19% above median its 10-year median of 58.90. Over the past 10 years, this metric has ranged from a low of 48.60 to a high of 80.48. The Semiconductors industry median Days Payable is 53.06. Biwin Storage Technology Co's value of 70.37 is 32.6% above this industry median. Based on the distribution chart, Biwin Storage Technology Co ranks #387 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Biwin Storage Technology Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Biwin Storage Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Biwin Storage Technology Co ranks #387 out of 999 companies for Days Payable. This puts Biwin Storage Technology Co in the upper half of its industry. The industry median Days Payable is 53.06. Biwin Storage Technology Co's value of 70.37 is 32.6% above this benchmark. Historically, Biwin Storage Technology Co's own Days Payable has ranged from 48.60 to 80.48 over the past decade. While the company's 10-year median is 58.90 vs. the industry median of 53.06, Biwin Storage 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 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. Biwin Storage Technology Co's current Days Payable of 70.37 is 32.6% 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 Biwin Storage Technology 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. Biwin Storage Technology Co's current Days Payable is 70.37, which is 19% above median its own 10-year median of 58.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biwin Storage Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Biwin Storage Technology Co (SHSE:688525) is currently considered Fairly Valued. The stock's GF Value™ is ¥223.67, compared to a current price of ¥236.38 — trading 5.7% above its estimated fair value. The current Days Payable is 70.37, which is 19% above median its 10-year median of 58.90 and 32.6% above the Semiconductors industry median of 53.06. Biwin Storage Technology Co's overall GF Score™ is 74/100 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 Biwin Storage Technology Co (SHSE:688525), the current Days Payable is 70.37 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 Biwin Storage Technology Co (SHSE:688525) Overvalued in 2026?

Based on GuruFocus' analysis, Biwin Storage Technology Co stock appears to be overvalued. The current stock price of ¥236.38 is trading 5.7% above its estimated GF Value™ of ¥223.67. GuruFocus considers Biwin Storage Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688525:

  • Days Payable: 70.37 (19% above median its 10-year median of 58.90)
  • GF Value™: ¥223.67 vs. price of ¥236.38 (5.7% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 32.6% above the Semiconductors median (#387 of 999)

No single metric tells the full story. See the SHSE:688525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biwin Storage Technology Co Business Description

Address No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055
Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.
74GF Score

Get the complete analysis for SHSE:688525

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

¥236.38
Price
¥223.67
GF Value