Wave Cyber (Shanghai) Co (SHSE:688718) Days Payable: 52.76 (As of Jun. 2026) — 18% Below Median

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SHSE:688718 Wave Cyber (Shanghai) Co Ltd SHSE:688718
81 GF Score
Price ¥14.17
GF Value ¥13.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Wave Cyber (Shanghai) Co Days Payable?

Wave Cyber (Shanghai) Co SHSE:688718 -1.46% 81 Days Payable is 52.76 as of Jun. 2026, which is 18% below its 10-year median of 64.21. GuruFocus rates SHSE:688718 with a GF Score™ of 81/100 and a GF Value™ of ¥13.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 234 Waste Management companies, Wave Cyber (Shanghai) Co ranks worse than 58.97% on this metric.

Wave Cyber (Shanghai) Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥41.7 Mil. Wave Cyber (Shanghai) Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥72.1 Mil. Hence, Wave Cyber (Shanghai) Co's Days Payable for the three months ended in Jun. 2026 was 52.76.

The historical rank and industry rank for Wave Cyber (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:688718' s Days Payable Range Over the Past 10 Years
Min: 31.13   Med: 64.21   Max: 74.28
Current: 51.5

During the past 9 years, Wave Cyber (Shanghai) Co's highest Days Payable was 74.28. The lowest was 31.13. And the median was 64.21.

SHSE:688718's Days Payable is ranked worse than
58.97% of 234 companies
in the Waste Management industry
Industry Median: 66.42 vs SHSE:688718: 51.50

Wave Cyber (Shanghai) Co's Days Payable increased from Jun. 2025 (51.88) to Jun. 2026 (52.76). It may suggest that Wave Cyber (Shanghai) Co delayed paying its suppliers.


Wave Cyber (Shanghai) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) Co Days Payable Chart

Wave Cyber (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 48.74 70.92 68.55 74.28 63.17

Wave Cyber (Shanghai) 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 51.88 55.18 39.05 67.03 52.76

SHSE:688718 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Wave Cyber (Shanghai) 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.


Wave Cyber (Shanghai) Co Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wave Cyber (Shanghai) Co's Days Payable falls into.


SHSE:688718
81GF Score
Wave Cyber (Shanghai) Co Ltd SHSE:688718
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) 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
=( (56.336 + 40.797) / 2 ) / 280.618*365
=48.5665 / 280.618*365
=63.17

Wave Cyber (Shanghai) 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
=( (45.286 + 38.106) / 2 ) / 72.117*365 / 4
=41.696 / 72.117*365 / 4
=52.76

* 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 52.76 mean?
Wave Cyber (Shanghai) Co (SHSE:688718) has a Days Payable of 52.76 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 Wave Cyber (Shanghai) Co and its competitors. This is 18% below median its historical median of 64.21. Over the past decade, Wave Cyber (Shanghai) Co's Days Payable has ranged from 31.13 to 74.28. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #138 out of 234 companies in the Waste Management industry, placing it in the top 59%.
Is Wave Cyber (Shanghai) Co's Days Payable too high?
Wave Cyber (Shanghai) Co's current Days Payable of 52.76 is 18% below median its 10-year median of 64.21. Over the past 10 years, this metric has ranged from a low of 31.13 to a high of 74.28. The Waste Management industry median Days Payable is 66.42. Wave Cyber (Shanghai) Co's value of 52.76 is 20.6% below this industry median. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #138 out of 234 companies in the Waste Management industry, which is below the industry midpoint. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #138 out of 234 companies for Days Payable. This places Wave Cyber (Shanghai) Co in the lower half of its industry. The industry median Days Payable is 66.42. Wave Cyber (Shanghai) Co's value of 52.76 is 20.6% below this benchmark. Historically, Wave Cyber (Shanghai) Co's own Days Payable has ranged from 31.13 to 74.28 over the past decade. While the company's 10-year median is 64.21 vs. the industry median of 66.42, Wave Cyber (Shanghai) Co has consistently been below 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 Waste Management company?
The median Days Payable among Waste Management companies is 66.42, based on 234 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. Wave Cyber (Shanghai) Co's current Days Payable of 52.76 is 20.6% below 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 Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median Days Payable is 66.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current Days Payable is 52.76, which is 18% below median its own 10-year median of 64.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.98, compared to a current price of ¥14.17 — trading 1.4% above its estimated fair value. The current Days Payable is 52.76, which is 18% below median its 10-year median of 64.21 and 20.6% below the Waste Management industry median of 66.42. Wave Cyber (Shanghai) Co's overall GF Score™ is 81/100 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Days Payable is 52.76 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?

Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be overvalued. The current stock price of ¥14.17 is trading 1.4% above its estimated GF Value™ of ¥13.98. GuruFocus considers Wave Cyber (Shanghai) Co to be Fairly Valued.

Key valuation signals for SHSE:688718:

  • Days Payable: 52.76 (18% below median its 10-year median of 64.21)
  • GF Value™: ¥13.98 vs. price of ¥14.17 (1.4% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 20.6% below the Waste Management median (#138 of 234)

No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wave Cyber (Shanghai) Co Business Description

Address 899 Songying Road, Qingpu District, Shanghai, CHN, 201703
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
81GF Score

Get the complete analysis for SHSE:688718

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

¥14.17
Price
¥13.98
GF Value