Moore Threads Technology Co (SHSE:688795) Days Payable: 65.41 (As of Mar. 2026) — 44% Below Median

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SHSE:688795 Moore Threads Technology Co Ltd SHSE:688795
3 GF Score
Price ¥564.54
! 2 Warning Signs
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What is Moore Threads Technology Co Days Payable?

Moore Threads Technology Co SHSE:688795 +0.22% 3 Days Payable is 65.41 as of Mar. 2026, which is 44% below its 10-year median of 117.67. GuruFocus rates SHSE:688795 with a GF Score™ of 3/100. The stock has 2 warning signs investors should review. Among 2,441 Hardware companies, Moore Threads Technology Co ranks worse than 60.22% on this metric.

Moore Threads Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥173 Mil. Moore Threads Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥241 Mil. Hence, Moore Threads Technology Co's Days Payable for the three months ended in Mar. 2026 was 65.41.

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

SHSE:688795' s Days Payable Range Over the Past 10 Years
Min: 58.56   Med: 117.67   Max: 299.13
Current: 58.56

During the past 4 years, Moore Threads Technology Co's highest Days Payable was 299.13. The lowest was 58.56. And the median was 117.67.

SHSE:688795's Days Payable is ranked worse than
60.22% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:688795: 58.56

Moore Threads Technology Co's Days Payable declined from Mar. 2025 (245.53) to Mar. 2026 (65.41). It may suggest that Moore Threads Technology Co accelerated paying its suppliers.


Moore Threads Technology Co Days Payable Historical Data

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The historical data trend for Moore Threads 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.

Moore Threads Technology Co Days Payable Chart

Moore Threads Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
68.78 102.20 299.13 133.13

Moore Threads Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 245.53 14.79 55.51 58.33 65.41

SHSE:688795 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Moore Threads 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.


Moore Threads Technology Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Moore Threads Technology Co's Days Payable falls into.


SHSE:688795
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Moore Threads Technology Co Ltd SHSE:688795
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Moore Threads 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.

Moore Threads 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
=( (173.826 + 204.285) / 2 ) / 518.339*365
=189.0555 / 518.339*365
=133.13

Moore Threads 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
=( (204.285 + 140.936) / 2 ) / 240.815*365 / 4
=172.6105 / 240.815*365 / 4
=65.41

* 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 65.41 mean?
Moore Threads Technology Co (SHSE:688795) has a Days Payable of 65.41 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 Moore Threads Technology Co and its competitors. This is 44% below median its historical median of 117.67. Over the past decade, Moore Threads Technology Co's Days Payable has ranged from 58.56 to 299.13. According to the industry distribution chart, Moore Threads Technology Co ranks #1470 out of 2441 companies in the Hardware industry, placing it in the top 60.2%.
Is Moore Threads Technology Co's Days Payable too high?
Moore Threads Technology Co's current Days Payable of 65.41 is 44% below median its 10-year median of 117.67. Over the past 10 years, this metric has ranged from a low of 58.56 to a high of 299.13. The Hardware industry median Days Payable is 69.89. Moore Threads Technology Co's value of 65.41 is 6.4% below this industry median. Based on the distribution chart, Moore Threads Technology Co ranks #1470 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Moore Threads Technology Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Moore Threads Technology Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Moore Threads Technology Co ranks #1470 out of 2441 companies for Days Payable. This places Moore Threads Technology Co in the lower half of its industry. The industry median Days Payable is 69.89. Moore Threads Technology Co's value of 65.41 is 6.4% below this benchmark. Historically, Moore Threads Technology Co's own Days Payable has ranged from 58.56 to 299.13 over the past decade. While the company's 10-year median is 117.67 vs. the industry median of 69.89, Moore Threads Technology 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. Moore Threads Technology Co's current Days Payable of 65.41 is 6.4% 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 Moore Threads Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moore Threads Technology Co's current Days Payable is 65.41, which is 44% below median its own 10-year median of 117.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moore Threads Technology Co stock overvalued right now?
Moore Threads Technology Co (SHSE:688795) has a current Days Payable of 65.41. The current Days Payable is 65.41, which is 44% below median its 10-year median of 117.67 and 6.4% below the Hardware industry median of 69.89. Moore Threads Technology Co's overall GF Score™ is 3/100 with 2 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 Moore Threads Technology Co (SHSE:688795), the current Days Payable is 65.41 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.

Moore Threads Technology Co Business Description

Address Donghu Street, 3rd floor, Block I, Wangjing International R&D Park, Chaoyang District, Beijing, CHN, 100102
Moore Threads Technology Co Ltd is principally engaged in the R&D, design and sales of graphics processing units(GPUs) and related products. The business includes providing technical services, technology development, technical consulting, technology exchanges, technology transfers, technology promotion and information system integration. Besides chip design and sales, it also engages in import-export activities related to technology and hardware products.
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