Shanghai New Vision Microelectronics Co (SHSE:688593) Days Payable: 84.98 (As of Mar. 2026) — 25% Below Median

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SHSE:688593 Shanghai New Vision Microelectronics Co Ltd SHSE:688593
53 GF Score
Price ¥30.89
GF Value ¥22.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shanghai New Vision Microelectronics Co Days Payable?

Shanghai New Vision Microelectronics Co SHSE:688593 +4.39% 53 Days Payable is 84.98 as of Mar. 2026, which is 25% below its 10-year median of 113.18. GuruFocus rates SHSE:688593 with a GF Score™ of 53/100 and a GF Value™ of ¥22.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Shanghai New Vision Microelectronics Co ranks better than 75.44% on this metric.

Shanghai New Vision Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥121.0 Mil. Shanghai New Vision Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥129.9 Mil. Hence, Shanghai New Vision Microelectronics Co's Days Payable for the three months ended in Mar. 2026 was 84.98.

The historical rank and industry rank for Shanghai New Vision Microelectronics Co's Days Payable or its related term are showing as below:

SHSE:688593' s Days Payable Range Over the Past 10 Years
Min: 75.49   Med: 113.18   Max: 187.49
Current: 118.77

During the past 7 years, Shanghai New Vision Microelectronics Co's highest Days Payable was 187.49. The lowest was 75.49. And the median was 113.18.

SHSE:688593's Days Payable is ranked better than
75.44% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:688593: 118.77

Shanghai New Vision Microelectronics Co's Days Payable declined from Mar. 2025 (122.46) to Mar. 2026 (84.98). It may suggest that Shanghai New Vision Microelectronics Co accelerated paying its suppliers.


Shanghai New Vision Microelectronics Co Days Payable Related Terms


Shanghai New Vision Microelectronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics Co Days Payable Chart

Shanghai New Vision Microelectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 187.49 83.11 75.49 113.18 104.37

Shanghai New Vision Microelectronics 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 122.46 180.11 150.80 91.67 84.98

SHSE:688593 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Shanghai New Vision Microelectronics 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.


Shanghai New Vision Microelectronics Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Shanghai New Vision Microelectronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai New Vision Microelectronics Co's Days Payable falls into.


SHSE:688593
53GF Score
Shanghai New Vision Microelectronics Co Ltd SHSE:688593
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics 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
=( (158.369 + 143.58) / 2 ) / 527.965*365
=150.9745 / 527.965*365
=104.37

Shanghai New Vision Microelectronics 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
=( (143.58 + 98.457) / 2 ) / 129.94*365 / 4
=121.0185 / 129.94*365 / 4
=84.98

* 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 84.98 mean?
Shanghai New Vision Microelectronics Co (SHSE:688593) has a Days Payable of 84.98 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 Shanghai New Vision Microelectronics Co and its competitors. This is 25% below median its historical median of 113.18. Over the past decade, Shanghai New Vision Microelectronics Co's Days Payable has ranged from 75.49 to 187.49. According to the industry distribution chart, Shanghai New Vision Microelectronics Co ranks #600 out of 2443 companies in the Hardware industry, placing it in the top 24.6%.
Is Shanghai New Vision Microelectronics Co's Days Payable too high?
Shanghai New Vision Microelectronics Co's current Days Payable of 84.98 is 25% below median its 10-year median of 113.18. Over the past 10 years, this metric has ranged from a low of 75.49 to a high of 187.49. The Hardware industry median Days Payable is 69.89. Shanghai New Vision Microelectronics Co's value of 84.98 is 21.6% above this industry median. Based on the distribution chart, Shanghai New Vision Microelectronics Co ranks #600 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai New Vision Microelectronics Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Vision Microelectronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shanghai New Vision Microelectronics Co ranks #600 out of 2443 companies for Days Payable. This places Shanghai New Vision Microelectronics Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Shanghai New Vision Microelectronics Co's value of 84.98 is 21.6% above this benchmark. Historically, Shanghai New Vision Microelectronics Co's own Days Payable has ranged from 75.49 to 187.49 over the past decade. While the company's 10-year median is 113.18 vs. the industry median of 69.89, Shanghai New Vision Microelectronics 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 2,443 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. Shanghai New Vision Microelectronics Co's current Days Payable of 84.98 is 21.6% 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 Shanghai New Vision Microelectronics 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. Shanghai New Vision Microelectronics Co's current Days Payable is 84.98, which is 25% below median its own 10-year median of 113.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Vision Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co (SHSE:688593) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.18, compared to a current price of ¥30.89 — trading 39.3% above its estimated fair value. The current Days Payable is 84.98, which is 25% below median its 10-year median of 113.18 and 21.6% above the Hardware industry median of 69.89. Shanghai New Vision Microelectronics Co's overall GF Score™ is 53/100 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 Shanghai New Vision Microelectronics Co (SHSE:688593), the current Days Payable is 84.98 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 Shanghai New Vision Microelectronics Co (SHSE:688593) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co stock appears to be overvalued. The current stock price of ¥30.89 is trading 39.3% above its estimated GF Value™ of ¥22.18. GuruFocus considers Shanghai New Vision Microelectronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:688593:

  • Days Payable: 84.98 (25% below median its 10-year median of 113.18)
  • GF Value™: ¥22.18 vs. price of ¥30.89 (39.3% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 21.6% above the Hardware median (#600 of 2443)

No single metric tells the full story. See the SHSE:688593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai New Vision Microelectronics Co Business Description

Address No. 10 Cangwu Road, 3rd Floor, Xuhui District, Shanghai, CHN, 200233
Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design, and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, etc, and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.
53GF Score

Get the complete analysis for SHSE:688593

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

¥30.89
Price
¥22.18
GF Value