WebRAY Tech Group (SHSE:688651) Days Payable: 556.77 (As of Mar. 2026) — 122% Above Median

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SHSE:688651 WebRAY Tech Group Inc SHSE:688651
80 GF Score
Price ¥20.11
GF Value ¥30.24
Valuation Possible Value Trap
! 3 Warning Signs
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What is WebRAY Tech Group Days Payable?

WebRAY Tech Group SHSE:688651 +0.75% 80 Days Payable is 556.77 as of Mar. 2026, which is 122% above its 10-year median of 250.98. GuruFocus rates SHSE:688651 with a GF Score™ of 80/100 and a GF Value™ of ¥30.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,610 Software companies, WebRAY Tech Group ranks better than 86.05% on this metric.

WebRAY Tech Group's average Accounts Payable for the three months ended in Mar. 2026 was ¥92.1 Mil. WebRAY Tech Group's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥15.1 Mil. Hence, WebRAY Tech Group's Days Payable for the three months ended in Mar. 2026 was 556.77.

The historical rank and industry rank for WebRAY Tech Group's Days Payable or its related term are showing as below:

SHSE:688651' s Days Payable Range Over the Past 10 Years
Min: 27.87   Med: 250.98   Max: 351.25
Current: 239.74

During the past 12 years, WebRAY Tech Group's highest Days Payable was 351.25. The lowest was 27.87. And the median was 250.98.

SHSE:688651's Days Payable is ranked better than
86.05% of 2610 companies
in the Software industry
Industry Median: 52.785 vs SHSE:688651: 239.74

WebRAY Tech Group's Days Payable increased from Mar. 2025 (556.05) to Mar. 2026 (556.77). It may suggest that WebRAY Tech Group delayed paying its suppliers.


WebRAY Tech Group Days Payable Historical Data

* Premium members only.

The historical data trend for WebRAY Tech 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.

WebRAY Tech Group Days Payable Chart

WebRAY Tech Group Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.99 293.76 290.56 351.25 316.47

WebRAY Tech Group 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 556.05 301.48 410.60 111.03 556.77

SHSE:688651 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, WebRAY Tech 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.


WebRAY Tech Group Days Payable vs Software Industry

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

* The bar in red indicates where WebRAY Tech Group's Days Payable falls into.


SHSE:688651
80GF Score
WebRAY Tech Group Inc SHSE:688651
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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WebRAY Tech 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.

WebRAY Tech 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
=( (84.376 + 100.385) / 2 ) / 106.548*365
=92.3805 / 106.548*365
=316.47

WebRAY Tech 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
=( (100.385 + 83.908) / 2 ) / 15.102*365 / 4
=92.1465 / 15.102*365 / 4
=556.77

* 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 556.77 mean?
WebRAY Tech Group (SHSE:688651) has a Days Payable of 556.77 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 WebRAY Tech Group and its competitors. This is 122% above median its historical median of 250.98. Over the past decade, WebRAY Tech Group's Days Payable has ranged from 27.87 to 351.25. According to the industry distribution chart, WebRAY Tech Group ranks #364 out of 2610 companies in the Software industry, placing it in the top 13.9%.
Is WebRAY Tech Group's Days Payable too high?
WebRAY Tech Group's current Days Payable of 556.77 is 122% above median its 10-year median of 250.98. Over the past 10 years, this metric has ranged from a low of 27.87 to a high of 351.25. The Software industry median Days Payable is 52.79. WebRAY Tech Group's value of 556.77 is 954.8% above this industry median. Based on the distribution chart, WebRAY Tech Group ranks #364 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, WebRAY Tech Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WebRAY Tech Group's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, WebRAY Tech Group ranks #364 out of 2610 companies for Days Payable. This places WebRAY Tech Group in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. WebRAY Tech Group's value of 556.77 is 954.8% above this benchmark. Historically, WebRAY Tech Group's own Days Payable has ranged from 27.87 to 351.25 over the past decade. While the company's 10-year median is 250.98 vs. the industry median of 52.79, WebRAY Tech 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 52.79, based on 2,610 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. WebRAY Tech Group's current Days Payable of 556.77 is 954.8% 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 WebRAY Tech Group and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WebRAY Tech Group's current Days Payable is 556.77, which is 122% above median its own 10-year median of 250.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WebRAY Tech Group stock overvalued right now?
Based on GuruFocus' analysis, WebRAY Tech Group (SHSE:688651) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.24, compared to a current price of ¥20.11 — trading 33.5% below its estimated fair value. The current Days Payable is 556.77, which is 122% above median its 10-year median of 250.98 and 954.8% above the Software industry median of 52.79. WebRAY Tech Group's overall GF Score™ is 80/100 with 3 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 WebRAY Tech Group (SHSE:688651), the current Days Payable is 556.77 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 WebRAY Tech Group (SHSE:688651) Overvalued in 2026?

Based on GuruFocus' analysis, WebRAY Tech Group stock appears to be undervalued. The current stock price of ¥20.11 is trading 33.5% below its estimated GF Value™ of ¥30.24. GuruFocus considers WebRAY Tech Group to be Possible Value Trap.

Key valuation signals for SHSE:688651:

  • Days Payable: 556.77 (122% above median its 10-year median of 250.98)
  • GF Value™: ¥30.24 vs. price of ¥20.11 (33.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 954.8% above the Software median (#364 of 2610)

No single metric tells the full story. See the SHSE:688651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WebRAY Tech Group Business Description

Address No. 9, Shangdi 9th Street, 2nd Floor, North Building, Digital Technology Plaza, Haidian District, Beijing, CHN, 100085
WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
80GF Score

Get the complete analysis for SHSE:688651

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

¥20.11
Price
¥30.24
GF Value