* 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.
Semiconductor Manufacturing International Days Payable Chart
Semiconductor Manufacturing International Annual Data
SHSE:688981 vs NVDA, AVGO, MU: Days Payable Comparison
For the Semiconductors subindustry, Semiconductor Manufacturing International'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.
Semiconductor Manufacturing International Days Payable vs Semiconductors Industry
Semiconductor Manufacturing International 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.
* 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.
Semiconductor Manufacturing International (SHSE:688981) has a Days Payable of 89.43 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 Semiconductor Manufacturing International and its competitors. This is 25% above median its historical median of 71.33. Over the past decade, Semiconductor Manufacturing International's Days Payable has ranged from 40.56 to 147.25. According to the industry distribution chart, Semiconductor Manufacturing International ranks #230 out of 999 companies in the Semiconductors industry, placing it in the top 23%.
Is Semiconductor Manufacturing International's Days Payable too high?
Semiconductor Manufacturing International's current Days Payable of 89.43 is 25% above median its 10-year median of 71.33. Over the past 10 years, this metric has ranged from a low of 40.56 to a high of 147.25. The Semiconductors industry median Days Payable is 53.06. Semiconductor Manufacturing International's value of 89.43 is 68.5% above this industry median. Based on the distribution chart, Semiconductor Manufacturing International ranks #230 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Semiconductor Manufacturing International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Semiconductor Manufacturing International ranks #230 out of 999 companies for Days Payable. This places Semiconductor Manufacturing International in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Semiconductor Manufacturing International's value of 89.43 is 68.5% above this benchmark. Historically, Semiconductor Manufacturing International's own Days Payable has ranged from 40.56 to 147.25 over the past decade. While the company's 10-year median is 71.33 vs. the industry median of 53.06, Semiconductor Manufacturing International 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. Semiconductor Manufacturing International's current Days Payable of 89.43 is 68.5% 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 Semiconductor Manufacturing International 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. Semiconductor Manufacturing International's current Days Payable is 89.43, which is 25% above median its own 10-year median of 71.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥70.03, compared to a current price of ¥148.76 — trading 112.4% above its estimated fair value. The current Days Payable is 89.43, which is 25% above median its 10-year median of 71.33 and 68.5% above the Semiconductors industry median of 53.06. Semiconductor Manufacturing International's overall GF Score™ is 77/100 with 6 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 Semiconductor Manufacturing International (SHSE:688981), the current Days Payable is 89.43 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 Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?
Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued.
The current stock price of ¥148.76 is trading 112.4% above its estimated GF Value™ of ¥70.03.
GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.
Key valuation signals for SHSE:688981:
Days Payable: 89.43 (25% above median its 10-year median of 71.33)
GF Value™: ¥70.03 vs. price of ¥148.76 (112.4% above fair value)
Industry Position: 68.5% above the Semiconductors median (#230 of 999)
No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Semiconductor Manufacturing International Business Description
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
77GF Score
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