Macmic Science & Technology Co (SHSE:688711) Days Payable: 175.74 (As of Mar. 2026) — 39% Above Median

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SHSE:688711 Macmic Science & Technology Co Ltd SHSE:688711
85 GF Score
Price ¥22.68
GF Value ¥24.86
Valuation Fairly Valued
! 9 Warning Signs
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What is Macmic Science & Technology Co Days Payable?

Macmic Science & Technology Co SHSE:688711 -2.74% 85 Days Payable is 175.74 as of Mar. 2026, which is 39% above its 10-year median of 126.78. GuruFocus rates SHSE:688711 with a GF Score™ of 85/100 and a GF Value™ of ¥24.86 (Fairly Valued). The stock has 9 warning signs investors should review. Among 999 Semiconductors companies, Macmic Science & Technology Co ranks better than 85.59% on this metric.

Macmic Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥512 Mil. Macmic Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥266 Mil. Hence, Macmic Science & Technology Co's Days Payable for the three months ended in Mar. 2026 was 175.74.

The historical rank and industry rank for Macmic Science & Technology Co's Days Payable or its related term are showing as below:

SHSE:688711' s Days Payable Range Over the Past 10 Years
Min: 77.67   Med: 126.78   Max: 167.07
Current: 148.52

During the past 13 years, Macmic Science & Technology Co's highest Days Payable was 167.07. The lowest was 77.67. And the median was 126.78.

SHSE:688711's Days Payable is ranked better than
85.59% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SHSE:688711: 148.52

Macmic Science & Technology Co's Days Payable declined from Mar. 2025 (180.30) to Mar. 2026 (175.74). It may suggest that Macmic Science & Technology Co accelerated paying its suppliers.


Macmic Science & Technology Co Days Payable Historical Data

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The historical data trend for Macmic Science & Technology 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.

Macmic Science & Technology Co Days Payable Chart

Macmic Science & Technology 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 131.26 123.86 114.85 152.50 167.07

Macmic Science & Technology 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 180.30 123.71 151.11 139.11 175.74

SHSE:688711 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Macmic Science & Technology 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.


Macmic Science & Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Macmic Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Macmic Science & Technology Co's Days Payable falls into.


SHSE:688711
85GF Score
Macmic Science & Technology Co Ltd SHSE:688711
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Macmic Science & Technology 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.

Macmic Science & Technology 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
=( (497.951 + 521.863) / 2 ) / 1113.991*365
=509.907 / 1113.991*365
=167.07

Macmic Science & Technology 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
=( (521.863 + 502.421) / 2 ) / 265.918*365 / 4
=512.142 / 265.918*365 / 4
=175.74

* 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 175.74 mean?
Macmic Science & Technology Co (SHSE:688711) has a Days Payable of 175.74 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 Macmic Science & Technology Co and its competitors. This is 39% above median its historical median of 126.78. Over the past decade, Macmic Science & Technology Co's Days Payable has ranged from 77.67 to 167.07. According to the industry distribution chart, Macmic Science & Technology Co ranks #144 out of 999 companies in the Semiconductors industry, placing it in the top 14.4%.
Is Macmic Science & Technology Co's Days Payable too high?
Macmic Science & Technology Co's current Days Payable of 175.74 is 39% above median its 10-year median of 126.78. Over the past 10 years, this metric has ranged from a low of 77.67 to a high of 167.07. The Semiconductors industry median Days Payable is 53.06. Macmic Science & Technology Co's value of 175.74 is 231.2% above this industry median. Based on the distribution chart, Macmic Science & Technology Co ranks #144 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Macmic Science & Technology Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macmic Science & Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Macmic Science & Technology Co ranks #144 out of 999 companies for Days Payable. This places Macmic Science & Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Macmic Science & Technology Co's value of 175.74 is 231.2% above this benchmark. Historically, Macmic Science & Technology Co's own Days Payable has ranged from 77.67 to 167.07 over the past decade. While the company's 10-year median is 126.78 vs. the industry median of 53.06, Macmic Science & Technology 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. Macmic Science & Technology Co's current Days Payable of 175.74 is 231.2% 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 Macmic Science & Technology 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. Macmic Science & Technology Co's current Days Payable is 175.74, which is 39% above median its own 10-year median of 126.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macmic Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Macmic Science & Technology Co (SHSE:688711) is currently considered Fairly Valued. The stock's GF Value™ is ¥24.86, compared to a current price of ¥22.68 — trading 8.8% below its estimated fair value. The current Days Payable is 175.74, which is 39% above median its 10-year median of 126.78 and 231.2% above the Semiconductors industry median of 53.06. Macmic Science & Technology Co's overall GF Score™ is 85/100 with 9 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 Macmic Science & Technology Co (SHSE:688711), the current Days Payable is 175.74 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 Macmic Science & Technology Co (SHSE:688711) Overvalued in 2026?

Based on GuruFocus' analysis, Macmic Science & Technology Co stock appears to be undervalued. The current stock price of ¥22.68 is trading 8.8% below its estimated GF Value™ of ¥24.86. GuruFocus considers Macmic Science & Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688711:

  • Days Payable: 175.74 (39% above median its 10-year median of 126.78)
  • GF Value™: ¥24.86 vs. price of ¥22.68 (8.8% below fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 231.2% above the Semiconductors median (#144 of 999)

No single metric tells the full story. See the SHSE:688711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macmic Science & Technology Co Business Description

Address 18 Huashan Middle Road, Jiangsu Province, Changzhou, CHN, 213022
Macmic Science & Technology Co Ltd is engaged in the design, research and development, production and sales of power semiconductor chips, single tubes, modules and power modules based on IGBT and FRED.
85GF Score

Get the complete analysis for SHSE:688711

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

¥22.68
Price
¥24.86
GF Value