Chengdu Qinchuan IoT Technology Co (SHSE:688528) Days Payable: 265.52 (As of Mar. 2026) — Near Median

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SHSE:688528 Chengdu Qinchuan IoT Technology Co Ltd SHSE:688528
64 GF Score
Price ¥7.87
GF Value ¥7.76
Valuation Fairly Valued
! 5 Warning Signs
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What is Chengdu Qinchuan IoT Technology Co Days Payable?

Chengdu Qinchuan IoT Technology Co SHSE:688528 -4.61% 64 Days Payable is 265.52 as of Mar. 2026, which is 7% below its 10-year median of 284.54. GuruFocus rates SHSE:688528 with a GF Score™ of 64/100 and a GF Value™ of ¥7.76 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,442 Hardware companies, Chengdu Qinchuan IoT Technology Co ranks better than 93.41% on this metric.

Chengdu Qinchuan IoT Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥155.7 Mil. Chengdu Qinchuan IoT Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥53.5 Mil. Hence, Chengdu Qinchuan IoT Technology Co's Days Payable for the three months ended in Mar. 2026 was 265.52.

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

SHSE:688528' s Days Payable Range Over the Past 10 Years
Min: 245.61   Med: 284.54   Max: 363.29
Current: 245.61

During the past 10 years, Chengdu Qinchuan IoT Technology Co's highest Days Payable was 363.29. The lowest was 245.61. And the median was 284.54.

SHSE:688528's Days Payable is ranked better than
93.41% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:688528: 245.61

Chengdu Qinchuan IoT Technology Co's Days Payable declined from Mar. 2025 (318.23) to Mar. 2026 (265.52). It may suggest that Chengdu Qinchuan IoT Technology Co accelerated paying its suppliers.


Chengdu Qinchuan IoT Technology Co Days Payable Related Terms


Chengdu Qinchuan IoT Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chengdu Qinchuan IoT 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.

Chengdu Qinchuan IoT Technology Co Days Payable Chart

Chengdu Qinchuan IoT Technology 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 345.30 254.09 252.85 250.56 257.89

Chengdu Qinchuan IoT Technology 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 318.23 243.26 203.39 285.41 265.52

SHSE:688528 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Chengdu Qinchuan IoT 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.


Chengdu Qinchuan IoT Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Chengdu Qinchuan IoT Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Qinchuan IoT Technology Co's Days Payable falls into.


SHSE:688528
64GF Score
Chengdu Qinchuan IoT Technology Co Ltd SHSE:688528
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Qinchuan IoT 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.

Chengdu Qinchuan IoT 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
=( (177.028 + 154.036) / 2 ) / 234.283*365
=165.532 / 234.283*365
=257.89

Chengdu Qinchuan IoT 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
=( (154.036 + 157.404) / 2 ) / 53.516*365 / 4
=155.72 / 53.516*365 / 4
=265.52

* 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 265.52 mean?
Chengdu Qinchuan IoT Technology Co (SHSE:688528) has a Days Payable of 265.52 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 Chengdu Qinchuan IoT Technology Co and its competitors. This is near median its historical median of 284.54. Over the past decade, Chengdu Qinchuan IoT Technology Co's Days Payable has ranged from 245.61 to 363.29. According to the industry distribution chart, Chengdu Qinchuan IoT Technology Co ranks #161 out of 2442 companies in the Hardware industry, placing it in the top 6.6%.
Is Chengdu Qinchuan IoT Technology Co's Days Payable too high?
Chengdu Qinchuan IoT Technology Co's current Days Payable of 265.52 is near median its 10-year median of 284.54. Over the past 10 years, this metric has ranged from a low of 245.61 to a high of 363.29. The Hardware industry median Days Payable is 69.89. Chengdu Qinchuan IoT Technology Co's value of 265.52 is 279.9% above this industry median. Based on the distribution chart, Chengdu Qinchuan IoT Technology Co ranks #161 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Qinchuan IoT Technology Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Qinchuan IoT Technology Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chengdu Qinchuan IoT Technology Co ranks #161 out of 2442 companies for Days Payable. This places Chengdu Qinchuan IoT Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Chengdu Qinchuan IoT Technology Co's value of 265.52 is 279.9% above this benchmark. Historically, Chengdu Qinchuan IoT Technology Co's own Days Payable has ranged from 245.61 to 363.29 over the past decade. While the company's 10-year median is 284.54 vs. the industry median of 69.89, Chengdu Qinchuan IoT 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Chengdu Qinchuan IoT Technology Co's current Days Payable of 265.52 is 279.9% 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 Chengdu Qinchuan IoT Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Qinchuan IoT Technology Co's current Days Payable is 265.52, which is near median its own 10-year median of 284.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Qinchuan IoT Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Qinchuan IoT Technology Co (SHSE:688528) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.76, compared to a current price of ¥7.87 — trading 1.4% above its estimated fair value. The current Days Payable is 265.52, which is near median its 10-year median of 284.54 and 279.9% above the Hardware industry median of 69.89. Chengdu Qinchuan IoT Technology Co's overall GF Score™ is 64/100 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 Chengdu Qinchuan IoT Technology Co (SHSE:688528), the current Days Payable is 265.52 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 Chengdu Qinchuan IoT Technology Co (SHSE:688528) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Qinchuan IoT Technology Co stock appears to be overvalued. The current stock price of ¥7.87 is trading 1.4% above its estimated GF Value™ of ¥7.76. GuruFocus considers Chengdu Qinchuan IoT Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688528:

  • Days Payable: 265.52 (near median its 10-year median of 284.54)
  • GF Value™: ¥7.76 vs. price of ¥7.87 (1.4% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 279.9% above the Hardware median (#161 of 2442)

No single metric tells the full story. See the SHSE:688528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Qinchuan IoT Technology Co Business Description

Address No.931, South Fourth Road, Economic Development Zone, Longquanyi District, Sichuan Province, Chengdu, CHN, 610100
Chengdu Qinchuan IoT Technology Co Ltd is engaged in manufacturing, sales and service of smart gas meters and Internet of Things system software. The company's main products are IC card smart gas meters, Internet of things smart gas meters, membrane gas meters, remote control smart gas meters and industrial and commercial gas meters.
64GF Score

Get the complete analysis for SHSE:688528

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

¥7.87
Price
¥7.76
GF Value