Wafer Works (Shanghai) Co (SHSE:688584) Days Payable: 62.06 (As of Mar. 2026) — Near Median

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SHSE:688584 Wafer Works (Shanghai) Co Ltd SHSE:688584
35 GF Score
Price ¥29.71
! 4 Warning Signs
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What is Wafer Works (Shanghai) Co Days Payable?

Wafer Works (Shanghai) Co SHSE:688584 +2.13% 35 Days Payable is 62.06 as of Mar. 2026, which is 6% below its 10-year median of 65.71. GuruFocus rates SHSE:688584 with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 998 Semiconductors companies, Wafer Works (Shanghai) Co ranks worse than 60.12% on this metric.

Wafer Works (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥137 Mil. Wafer Works (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥201 Mil. Hence, Wafer Works (Shanghai) Co's Days Payable for the three months ended in Mar. 2026 was 62.06.

The historical rank and industry rank for Wafer Works (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:688584' s Days Payable Range Over the Past 10 Years
Min: 31.96   Med: 65.71   Max: 82.14
Current: 45.04

During the past 9 years, Wafer Works (Shanghai) Co's highest Days Payable was 82.14. The lowest was 31.96. And the median was 65.71.

SHSE:688584's Days Payable is ranked worse than
60.12% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs SHSE:688584: 45.04

Wafer Works (Shanghai) Co's Days Payable increased from Mar. 2025 (32.55) to Mar. 2026 (62.06). It may suggest that Wafer Works (Shanghai) Co delayed paying its suppliers.


Wafer Works (Shanghai) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co Days Payable Chart

Wafer Works (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 74.53 65.71 46.95 31.96 40.84

Wafer Works (Shanghai) 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 32.55 32.76 36.07 55.52 62.06

SHSE:688584 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works (Shanghai) 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.


Wafer Works (Shanghai) Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wafer Works (Shanghai) Co's Days Payable falls into.


SHSE:688584
35GF Score
Wafer Works (Shanghai) Co Ltd SHSE:688584
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) 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
=( (74.764 + 133.24) / 2 ) / 929.49*365
=104.002 / 929.49*365
=40.84

Wafer Works (Shanghai) 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
=( (133.24 + 140.473) / 2 ) / 201.24*365 / 4
=136.8565 / 201.24*365 / 4
=62.06

* 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 62.06 mean?
Wafer Works (Shanghai) Co (SHSE:688584) has a Days Payable of 62.06 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 Wafer Works (Shanghai) Co and its competitors. This is near median its historical median of 65.71. Over the past decade, Wafer Works (Shanghai) Co's Days Payable has ranged from 31.96 to 82.14. According to the industry distribution chart, Wafer Works (Shanghai) Co ranks #600 out of 998 companies in the Semiconductors industry, placing it in the top 60.1%.
Is Wafer Works (Shanghai) Co's Days Payable too high?
Wafer Works (Shanghai) Co's current Days Payable of 62.06 is near median its 10-year median of 65.71. Over the past 10 years, this metric has ranged from a low of 31.96 to a high of 82.14. The Semiconductors industry median Days Payable is 52.98. Wafer Works (Shanghai) Co's value of 62.06 is 17.1% above this industry median. Based on the distribution chart, Wafer Works (Shanghai) Co ranks #600 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works (Shanghai) Co has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Wafer Works (Shanghai) Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wafer Works (Shanghai) Co ranks #600 out of 998 companies for Days Payable. This places Wafer Works (Shanghai) Co in the lower half of its industry. The industry median Days Payable is 52.98. Wafer Works (Shanghai) Co's value of 62.06 is 17.1% above this benchmark. Historically, Wafer Works (Shanghai) Co's own Days Payable has ranged from 31.96 to 82.14 over the past decade. While the company's 10-year median is 65.71 vs. the industry median of 52.98, Wafer Works (Shanghai) 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 52.98, based on 998 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. Wafer Works (Shanghai) Co's current Days Payable of 62.06 is 17.1% 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 Wafer Works (Shanghai) Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafer Works (Shanghai) Co's current Days Payable is 62.06, which is near median its own 10-year median of 65.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works (Shanghai) Co stock overvalued right now?
Wafer Works (Shanghai) Co (SHSE:688584) has a current Days Payable of 62.06. The current Days Payable is 62.06, which is near median its 10-year median of 65.71 and 17.1% above the Semiconductors industry median of 52.98. Wafer Works (Shanghai) Co's overall GF Score™ is 35/100 with 4 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 Wafer Works (Shanghai) Co (SHSE:688584), the current Days Payable is 62.06 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.

Wafer Works (Shanghai) Co Business Description

Address Changta Road, No. 558, Shihudang Town, Songjiang District, Shanghai, CHN, 201617
Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.
35GF Score

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¥29.71
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