Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Days Payable: 168.16 (As of Mar. 2026) — 12% Above Median

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SHSE:688689 Changzhou Galaxy Century Microelectronics Co Ltd SHSE:688689
79 GF Score
Price ¥37.03
GF Value ¥32.76
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Changzhou Galaxy Century Microelectronics Co Days Payable?

Changzhou Galaxy Century Microelectronics Co SHSE:688689 -7.29% 79 Days Payable is 168.16 as of Mar. 2026, which is 12% above its 10-year median of 150.10. GuruFocus rates SHSE:688689 with a GF Score™ of 79/100 and a GF Value™ of ¥32.76 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 999 Semiconductors companies, Changzhou Galaxy Century Microelectronics Co ranks better than 86.19% on this metric.

Changzhou Galaxy Century Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥372 Mil. Changzhou Galaxy Century Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥202 Mil. Hence, Changzhou Galaxy Century Microelectronics Co's Days Payable for the three months ended in Mar. 2026 was 168.16.

The historical rank and industry rank for Changzhou Galaxy Century Microelectronics Co's Days Payable or its related term are showing as below:

SHSE:688689' s Days Payable Range Over the Past 10 Years
Min: 136.61   Med: 150.1   Max: 172.54
Current: 154.91

During the past 12 years, Changzhou Galaxy Century Microelectronics Co's highest Days Payable was 172.54. The lowest was 136.61. And the median was 150.10.

SHSE:688689's Days Payable is ranked better than
86.19% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688689: 154.91

Changzhou Galaxy Century Microelectronics Co's Days Payable declined from Mar. 2025 (179.36) to Mar. 2026 (168.16). It may suggest that Changzhou Galaxy Century Microelectronics Co accelerated paying its suppliers.


Changzhou Galaxy Century Microelectronics Co Days Payable Related Terms


Changzhou Galaxy Century Microelectronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Changzhou Galaxy Century 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.

Changzhou Galaxy Century Microelectronics Co Days Payable Chart

Changzhou Galaxy Century Microelectronics 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 151.88 172.54 142.12 146.82 163.90

Changzhou Galaxy Century Microelectronics 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 179.36 153.77 149.77 149.90 168.16

SHSE:688689 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Changzhou Galaxy Century 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.


Changzhou Galaxy Century Microelectronics Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Changzhou Galaxy Century Microelectronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changzhou Galaxy Century Microelectronics Co's Days Payable falls into.


SHSE:688689
79GF Score
Changzhou Galaxy Century Microelectronics Co Ltd SHSE:688689
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Galaxy Century 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.

Changzhou Galaxy Century 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
=( (329.996 + 375.689) / 2 ) / 785.752*365
=352.8425 / 785.752*365
=163.90

Changzhou Galaxy Century 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
=( (375.689 + 368.142) / 2 ) / 201.816*365 / 4
=371.9155 / 201.816*365 / 4
=168.16

* 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 168.16 mean?
Changzhou Galaxy Century Microelectronics Co (SHSE:688689) has a Days Payable of 168.16 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 Changzhou Galaxy Century Microelectronics Co and its competitors. This is 12% above median its historical median of 150.10. Over the past decade, Changzhou Galaxy Century Microelectronics Co's Days Payable has ranged from 136.61 to 172.54. According to the industry distribution chart, Changzhou Galaxy Century Microelectronics Co ranks #138 out of 999 companies in the Semiconductors industry, placing it in the top 13.8%.
Is Changzhou Galaxy Century Microelectronics Co's Days Payable too high?
Changzhou Galaxy Century Microelectronics Co's current Days Payable of 168.16 is 12% above median its 10-year median of 150.10. Over the past 10 years, this metric has ranged from a low of 136.61 to a high of 172.54. The Semiconductors industry median Days Payable is 53.06. Changzhou Galaxy Century Microelectronics Co's value of 168.16 is 216.9% above this industry median. Based on the distribution chart, Changzhou Galaxy Century Microelectronics Co ranks #138 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Galaxy Century Microelectronics Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Galaxy Century Microelectronics Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Changzhou Galaxy Century Microelectronics Co ranks #138 out of 999 companies for Days Payable. This places Changzhou Galaxy Century Microelectronics Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Changzhou Galaxy Century Microelectronics Co's value of 168.16 is 216.9% above this benchmark. Historically, Changzhou Galaxy Century Microelectronics Co's own Days Payable has ranged from 136.61 to 172.54 over the past decade. While the company's 10-year median is 150.10 vs. the industry median of 53.06, Changzhou Galaxy Century 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Changzhou Galaxy Century Microelectronics Co's current Days Payable of 168.16 is 216.9% 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 Changzhou Galaxy Century Microelectronics Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Galaxy Century Microelectronics Co's current Days Payable is 168.16, which is 12% above median its own 10-year median of 150.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Galaxy Century Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Galaxy Century Microelectronics Co (SHSE:688689) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥32.76, compared to a current price of ¥37.03 — trading 13% above its estimated fair value. The current Days Payable is 168.16, which is 12% above median its 10-year median of 150.10 and 216.9% above the Semiconductors industry median of 53.06. Changzhou Galaxy Century Microelectronics Co's overall GF Score™ is 79/100 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 Changzhou Galaxy Century Microelectronics Co (SHSE:688689), the current Days Payable is 168.16 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 Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Galaxy Century Microelectronics Co stock appears to be overvalued. The current stock price of ¥37.03 is trading 13% above its estimated GF Value™ of ¥32.76. GuruFocus considers Changzhou Galaxy Century Microelectronics Co to be Modestly Overvalued.

Key valuation signals for SHSE:688689:

  • Days Payable: 168.16 (12% above median its 10-year median of 150.10)
  • GF Value™: ¥32.76 vs. price of ¥37.03 (13% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 216.9% above the Semiconductors median (#138 of 999)

No single metric tells the full story. See the SHSE:688689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Galaxy Century Microelectronics Co Business Description

Address 19 Changjiang North Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Galaxy Century Microelectronics Co Ltd is primarily involved in the research and design, chip manufacturing, packaging and testing, sales and technical services for diode, triode, bridge rectifier and other semiconductor discrete devices. The company's products have been widely used in household appliances, power and chargers, green lighting, network and communications, automotive electronics, smart meters and instruments.
79GF Score

Get the complete analysis for SHSE:688689

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

¥37.03
Price
¥32.76
GF Value