WETH (Wetouch Technology) Days Payable: 8.70 (As of Mar. 2026) — 39% Below Median


WETH Wetouch Technology Inc WETH
68 GF Score
Price $1.17
GF Value $1.78
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Wetouch Technology Days Payable?

Wetouch Technology WETH +7.87% 68 Days Payable is 8.70 as of Mar. 2026, which is 39% below its 10-year median of 14.32. GuruFocus rates WETH with a GF Score™ of 68/100 and a GF Value™ of $1.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Wetouch Technology ranks worse than 97.01% on this metric.

Wetouch Technology's average Accounts Payable for the three months ended in Mar. 2026 was $1.00 Mil. Wetouch Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was $10.49 Mil. Hence, Wetouch Technology's Days Payable for the three months ended in Mar. 2026 was 8.70.

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

WETH' s Days Payable Range Over the Past 10 Years
Min: 12.13   Med: 14.32   Max: 19.57
Current: 14.72

During the past 9 years, Wetouch Technology's highest Days Payable was 19.57. The lowest was 12.13. And the median was 14.32.

WETH's Days Payable is ranked worse than
97.01% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs WETH: 14.72

Wetouch Technology's Days Payable declined from Mar. 2025 (13.52) to Mar. 2026 (8.70). It may suggest that Wetouch Technology accelerated paying its suppliers.


Wetouch Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Wetouch Technology'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.

Wetouch Technology Days Payable Chart

Wetouch Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 13.82 16.70 16.41 12.13 13.81

Wetouch Technology 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 13.52 16.93 15.45 23.30 8.70

WETH vs MTEK, NEON, MSAI: Days Payable Comparison

For the Electronic Components subindustry, Wetouch Technology'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.


Wetouch Technology Days Payable vs Hardware Industry

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

* The bar in red indicates where Wetouch Technology's Days Payable falls into.


WETH
68GF Score
Wetouch Technology Inc WETH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wetouch Technology 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.

Wetouch Technology'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
=( (1.264 + 1.064) / 2 ) / 30.766*365
=1.164 / 30.766*365
=13.81

Wetouch Technology'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
=( (1.064 + 0.937) / 2 ) / 10.489*365 / 4
=1.0005 / 10.489*365 / 4
=8.70

* 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 8.70 mean?
Wetouch Technology (WETH) has a Days Payable of 8.70 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 Wetouch Technology and its competitors. This is 39% below median its historical median of 14.32. Over the past decade, Wetouch Technology's Days Payable has ranged from 12.13 to 19.57. According to the industry distribution chart, Wetouch Technology ranks #2368 out of 2441 companies in the Hardware industry, placing it in the top 97%.
Is Wetouch Technology's Days Payable too high?
Wetouch Technology's current Days Payable of 8.70 is 39% below median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 19.57. The Hardware industry median Days Payable is 69.99. Wetouch Technology's value of 8.70 is 87.6% below this industry median. Based on the distribution chart, Wetouch Technology ranks #2368 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wetouch Technology has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wetouch Technology's Days Payable compare to MTEK and NEON?
According to the Hardware industry distribution chart, Wetouch Technology ranks #2368 out of 2441 companies for Days Payable. This places Wetouch Technology in the lower half of its industry. The industry median Days Payable is 69.99. Wetouch Technology's value of 8.70 is 87.6% below this benchmark. Historically, Wetouch Technology's own Days Payable has ranged from 12.13 to 19.57 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 69.99, Wetouch Technology 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 69.99, 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. Wetouch Technology's current Days Payable of 8.70 is 87.6% 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 Wetouch Technology and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wetouch Technology's current Days Payable is 8.70, which is 39% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wetouch Technology stock overvalued right now?
Based on GuruFocus' analysis, Wetouch Technology (WETH) is currently considered Possible Value Trap. The stock's GF Value™ is $1.78, compared to a current price of $1.17 — trading 34.6% below its estimated fair value. The current Days Payable is 8.70, which is 39% below median its 10-year median of 14.32 and 87.6% below the Hardware industry median of 69.99. Wetouch Technology's overall GF Score™ is 68/100 with 4 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 Wetouch Technology (WETH), the current Days Payable is 8.70 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 Wetouch Technology (WETH) Overvalued in 2026?

Based on GuruFocus' analysis, Wetouch Technology stock appears to be undervalued. The current stock price of $1.17 is trading 34.6% below its estimated GF Value™ of $1.78. GuruFocus considers Wetouch Technology to be Possible Value Trap.

Key valuation signals for WETH:

  • Days Payable: 8.70 (39% below median its 10-year median of 14.32)
  • GF Value™: $1.78 vs. price of $1.17 (34.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 87.6% below the Hardware median (#2368 of 2441)

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


Wetouch Technology Business Description

Address No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Wetouch Technology Inc is a business of research and development, manufacturing, and distribution of touchscreen displays to customers both in the PRC and overseas. The touchscreen products, which are manufactured by the Company, are mainly for use in financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (HMI), and other specialized industries. The company sells touchscreen products both domestically in China and internationally, covering areas in Mainland China, including but not limited to the eastern, southern, northern, and southwest regions of Mainland China, Taiwan, South Korea, Germany, and other countries.
68GF Score

Get the complete analysis for WETH

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

$1.17
Price
$1.78
GF Value