Qi An Xin Technology Group (SHSE:688561) Days Payable: 552.33 (As of Mar. 2026) — 127% Above Median


SHSE:688561 Qi An Xin Technology Group Inc SHSE:688561
63 GF Score
Price ¥25.89
GF Value ¥32.86
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Qi An Xin Technology Group Days Payable?

Qi An Xin Technology Group SHSE:688561 +2.33% 63 Days Payable is 552.33 as of Mar. 2026, which is 127% above its 10-year median of 243.34. GuruFocus rates SHSE:688561 with a GF Score™ of 63/100 and a GF Value™ of ¥32.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,598 Software companies, Qi An Xin Technology Group ranks better than 89.26% on this metric.

Qi An Xin Technology Group's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,996 Mil. Qi An Xin Technology Group's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥330 Mil. Hence, Qi An Xin Technology Group's Days Payable for the three months ended in Mar. 2026 was 552.33.

The historical rank and industry rank for Qi An Xin Technology Group's Days Payable or its related term are showing as below:

SHSE:688561' s Days Payable Range Over the Past 10 Years
Min: 187.97   Med: 243.34   Max: 532.91
Current: 321.27

During the past 9 years, Qi An Xin Technology Group's highest Days Payable was 532.91. The lowest was 187.97. And the median was 243.34.

SHSE:688561's Days Payable is ranked better than
89.26% of 2598 companies
in the Software industry
Industry Median: 53.515 vs SHSE:688561: 321.27

Qi An Xin Technology Group's Days Payable declined from Mar. 2025 (572.77) to Mar. 2026 (552.33). It may suggest that Qi An Xin Technology Group accelerated paying its suppliers.


Qi An Xin Technology Group Days Payable Historical Data

* Premium members only.

The historical data trend for Qi An Xin Technology Group'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.

Qi An Xin Technology Group Days Payable Chart

Qi An Xin Technology Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 194.62 243.34 281.75 385.81 340.20

Qi An Xin Technology Group 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 572.77 333.58 320.13 220.00 552.33

SHSE:688561 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Qi An Xin Technology Group'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.


Qi An Xin Technology Group Days Payable vs Software Industry

For the Software industry and Technology sector, Qi An Xin Technology Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Qi An Xin Technology Group's Days Payable falls into.


SHSE:688561
63GF Score
Qi An Xin Technology Group Inc SHSE:688561
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qi An Xin Technology Group 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.

Qi An Xin Technology Group'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
=( (2036.848 + 2030.033) / 2 ) / 2181.681*365
=2033.4405 / 2181.681*365
=340.20

Qi An Xin Technology Group'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
=( (2030.033 + 1961.128) / 2 ) / 329.688*365 / 4
=1995.5805 / 329.688*365 / 4
=552.33

* 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 552.33 mean?
Qi An Xin Technology Group (SHSE:688561) has a Days Payable of 552.33 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 Qi An Xin Technology Group and its competitors. This is 127% above median its historical median of 243.34. Over the past decade, Qi An Xin Technology Group's Days Payable has ranged from 187.97 to 532.91. According to the industry distribution chart, Qi An Xin Technology Group ranks #279 out of 2598 companies in the Software industry, placing it in the top 10.7%.
Is Qi An Xin Technology Group's Days Payable too high?
Qi An Xin Technology Group's current Days Payable of 552.33 is 127% above median its 10-year median of 243.34. Over the past 10 years, this metric has ranged from a low of 187.97 to a high of 532.91. The Software industry median Days Payable is 53.52. Qi An Xin Technology Group's value of 552.33 is 932.1% above this industry median. Based on the distribution chart, Qi An Xin Technology Group ranks #279 out of 2598 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Qi An Xin Technology Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qi An Xin Technology Group's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Qi An Xin Technology Group ranks #279 out of 2598 companies for Days Payable. This places Qi An Xin Technology Group in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.52. Qi An Xin Technology Group's value of 552.33 is 932.1% above this benchmark. Historically, Qi An Xin Technology Group's own Days Payable has ranged from 187.97 to 532.91 over the past decade. While the company's 10-year median is 243.34 vs. the industry median of 53.52, Qi An Xin Technology Group 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 53.52, based on 2,598 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. Qi An Xin Technology Group's current Days Payable of 552.33 is 932.1% 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 Qi An Xin Technology Group and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qi An Xin Technology Group's current Days Payable is 552.33, which is 127% above median its own 10-year median of 243.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qi An Xin Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Qi An Xin Technology Group (SHSE:688561) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.86, compared to a current price of ¥25.89 — trading 21.2% below its estimated fair value. The current Days Payable is 552.33, which is 127% above median its 10-year median of 243.34 and 932.1% above the Software industry median of 53.52. Qi An Xin Technology Group'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 Qi An Xin Technology Group (SHSE:688561), the current Days Payable is 552.33 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 Qi An Xin Technology Group (SHSE:688561) Overvalued in 2026?

Based on GuruFocus' analysis, Qi An Xin Technology Group stock appears to be undervalued. The current stock price of ¥25.89 is trading 21.2% below its estimated GF Value™ of ¥32.86. GuruFocus considers Qi An Xin Technology Group to be Modestly Undervalued.

Key valuation signals for SHSE:688561:

  • Days Payable: 552.33 (127% above median its 10-year median of 243.34)
  • GF Value™: ¥32.86 vs. price of ¥25.89 (21.2% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 932.1% above the Software median (#279 of 2598)

No single metric tells the full story. See the SHSE:688561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qi An Xin Technology Group Business Description

Address No.1, 26 of Xizhimenwai South Road, Qianxin Security Center, Xicheng District, Beijing, CHN
Qi An Xin Technology Group Inc provides a new generation of enterprise-level network security products and services to government and corporate customers.
63GF Score

Get the complete analysis for SHSE:688561

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

¥25.89
Price
¥32.86
GF Value