Shenzhen Sunmoon Microelectronics Co (SHSE:688699) Days Payable: 111.27 (As of Jun. 2026) — 19% Above Median

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SHSE:688699 Shenzhen Sunmoon Microelectronics Co Ltd SHSE:688699
73 GF Score
Price ¥57.99
GF Value ¥50.82
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shenzhen Sunmoon Microelectronics Co Days Payable?

Shenzhen Sunmoon Microelectronics Co SHSE:688699 -0.97% 73 Days Payable is 111.27 as of Jun. 2026, which is 19% above its 10-year median of 93.33. GuruFocus rates SHSE:688699 with a GF Score™ of 73/100 and a GF Value™ of ¥50.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,438 Hardware companies, Shenzhen Sunmoon Microelectronics Co ranks better than 72.68% on this metric.

Shenzhen Sunmoon Microelectronics Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥195.1 Mil. Shenzhen Sunmoon Microelectronics Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥160.0 Mil. Hence, Shenzhen Sunmoon Microelectronics Co's Days Payable for the three months ended in Jun. 2026 was 111.27.

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

SHSE:688699' s Days Payable Range Over the Past 10 Years
Min: 68.44   Med: 93.33   Max: 114.73
Current: 110.44

During the past 12 years, Shenzhen Sunmoon Microelectronics Co's highest Days Payable was 114.73. The lowest was 68.44. And the median was 93.33.

SHSE:688699's Days Payable is ranked better than
72.68% of 2438 companies
in the Hardware industry
Industry Median: 70.08 vs SHSE:688699: 110.44

Shenzhen Sunmoon Microelectronics Co's Days Payable increased from Jun. 2025 (92.29) to Jun. 2026 (111.27). It may suggest that Shenzhen Sunmoon Microelectronics Co delayed paying its suppliers.


Shenzhen Sunmoon Microelectronics Co Days Payable Related Terms


Shenzhen Sunmoon Microelectronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shenzhen Sunmoon 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.

Shenzhen Sunmoon Microelectronics Co Days Payable Chart

Shenzhen Sunmoon 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 93.11 89.91 89.37 107.58 114.73

Shenzhen Sunmoon Microelectronics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 92.29 124.99 104.70 112.10 111.27

SHSE:688699 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Shenzhen Sunmoon 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.


Shenzhen Sunmoon Microelectronics Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Shenzhen Sunmoon Microelectronics Co's Days Payable falls into.


SHSE:688699
73GF Score
Shenzhen Sunmoon Microelectronics Co Ltd SHSE:688699
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Sunmoon 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.

Shenzhen Sunmoon 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
=( (121.014 + 207.565) / 2 ) / 522.653*365
=164.2895 / 522.653*365
=114.73

Shenzhen Sunmoon Microelectronics Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (196.127 + 193.98) / 2 ) / 159.963*365 / 4
=195.0535 / 159.963*365 / 4
=111.27

* 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 111.27 mean?
Shenzhen Sunmoon Microelectronics Co (SHSE:688699) has a Days Payable of 111.27 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shenzhen Sunmoon Microelectronics Co and its competitors. This is 19% above median its historical median of 93.33. Over the past decade, Shenzhen Sunmoon Microelectronics Co's Days Payable has ranged from 68.44 to 114.73. According to the industry distribution chart, Shenzhen Sunmoon Microelectronics Co ranks #666 out of 2438 companies in the Hardware industry, placing it in the top 27.3%.
Is Shenzhen Sunmoon Microelectronics Co's Days Payable too high?
Shenzhen Sunmoon Microelectronics Co's current Days Payable of 111.27 is 19% above median its 10-year median of 93.33. Over the past 10 years, this metric has ranged from a low of 68.44 to a high of 114.73. The Hardware industry median Days Payable is 70.08. Shenzhen Sunmoon Microelectronics Co's value of 111.27 is 58.8% above this industry median. Based on the distribution chart, Shenzhen Sunmoon Microelectronics Co ranks #666 out of 2438 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Sunmoon Microelectronics Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Sunmoon Microelectronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Sunmoon Microelectronics Co ranks #666 out of 2438 companies for Days Payable. This puts Shenzhen Sunmoon Microelectronics Co in the upper half of its industry. The industry median Days Payable is 70.08. Shenzhen Sunmoon Microelectronics Co's value of 111.27 is 58.8% above this benchmark. Historically, Shenzhen Sunmoon Microelectronics Co's own Days Payable has ranged from 68.44 to 114.73 over the past decade. While the company's 10-year median is 93.33 vs. the industry median of 70.08, Shenzhen Sunmoon 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 70.08, based on 2,438 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. Shenzhen Sunmoon Microelectronics Co's current Days Payable of 111.27 is 58.8% 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 Shenzhen Sunmoon Microelectronics Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Sunmoon Microelectronics Co's current Days Payable is 111.27, which is 19% above median its own 10-year median of 93.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Sunmoon Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Sunmoon Microelectronics Co (SHSE:688699) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥50.82, compared to a current price of ¥57.99 — trading 14.1% above its estimated fair value. The current Days Payable is 111.27, which is 19% above median its 10-year median of 93.33 and 58.8% above the Hardware industry median of 70.08. Shenzhen Sunmoon Microelectronics Co's overall GF Score™ is 73/100 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 Shenzhen Sunmoon Microelectronics Co (SHSE:688699), the current Days Payable is 111.27 as of Jun. 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 Shenzhen Sunmoon Microelectronics Co (SHSE:688699) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Sunmoon Microelectronics Co stock appears to be overvalued. The current stock price of ¥57.99 is trading 14.1% above its estimated GF Value™ of ¥50.82. GuruFocus considers Shenzhen Sunmoon Microelectronics Co to be Modestly Overvalued.

Key valuation signals for SHSE:688699:

  • Days Payable: 111.27 (19% above median its 10-year median of 93.33)
  • GF Value™: ¥50.82 vs. price of ¥57.99 (14.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 58.8% above the Hardware median (#666 of 2438)

No single metric tells the full story. See the SHSE:688699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Sunmoon Microelectronics Co Business Description

Address No. 015, Gaoxin South Road, 3rd Floor, Guowei Research and Development Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Sunmoon Microelectronics Co Ltd is engaged in the research and development design, packaging testing and sales of integrated circuit. Further, it is also involved in the technical development and related technical services of integrated circuits and related electronic application products.
73GF Score

Get the complete analysis for SHSE:688699

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

¥57.99
Price
¥50.82
GF Value