Shanghai Chenguang Medical Technologies Co (BJSE:920300) Days Payable: 87.19 (As of Mar. 2026) — 19% Above Median

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BJSE:920300 Shanghai Chenguang Medical Technologies Co Ltd BJSE:920300
53 GF Score
Price ¥9.47
GF Value ¥6.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shanghai Chenguang Medical Technologies Co Days Payable?

Shanghai Chenguang Medical Technologies Co BJSE:920300 53 Days Payable is 87.19 as of Mar. 2026, which is 19% above its 10-year median of 73.43. GuruFocus rates BJSE:920300 with a GF Score™ of 53/100 and a GF Value™ of ¥6.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,996 Industrial Products companies, Shanghai Chenguang Medical Technologies Co ranks better than 75.03% on this metric.

Shanghai Chenguang Medical Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥13.88 Mil. Shanghai Chenguang Medical Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥14.53 Mil. Hence, Shanghai Chenguang Medical Technologies Co's Days Payable for the three months ended in Mar. 2026 was 87.19.

The historical rank and industry rank for Shanghai Chenguang Medical Technologies Co's Days Payable or its related term are showing as below:

BJSE:920300' s Days Payable Range Over the Past 10 Years
Min: 52.48   Med: 73.43   Max: 146.55
Current: 146.55

During the past 13 years, Shanghai Chenguang Medical Technologies Co's highest Days Payable was 146.55. The lowest was 52.48. And the median was 73.43.

BJSE:920300's Days Payable is ranked better than
75.03% of 2996 companies
in the Industrial Products industry
Industry Median: 78.01 vs BJSE:920300: 146.55

Shanghai Chenguang Medical Technologies Co's Days Payable declined from Mar. 2025 (109.39) to Mar. 2026 (87.19). It may suggest that Shanghai Chenguang Medical Technologies Co accelerated paying its suppliers.


Shanghai Chenguang Medical Technologies Co Days Payable Related Terms


Shanghai Chenguang Medical Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Chenguang Medical Technologies 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.

Shanghai Chenguang Medical Technologies Co Days Payable Chart

Shanghai Chenguang Medical Technologies 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 76.71 98.97 75.73 104.00 140.45

Shanghai Chenguang Medical Technologies 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 109.39 204.37 181.85 137.04 87.19

BJSE:920300 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Chenguang Medical Technologies 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.


Shanghai Chenguang Medical Technologies Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Chenguang Medical Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Chenguang Medical Technologies Co's Days Payable falls into.


BJSE:920300
53GF Score
Shanghai Chenguang Medical Technologies Co Ltd BJSE:920300
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Chenguang Medical Technologies 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.

Shanghai Chenguang Medical Technologies 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
=( (22.547 + 10.618) / 2 ) / 43.095*365
=16.5825 / 43.095*365
=140.45

Shanghai Chenguang Medical Technologies 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
=( (10.618 + 17.141) / 2 ) / 14.526*365 / 4
=13.8795 / 14.526*365 / 4
=87.19

* 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 87.19 mean?
Shanghai Chenguang Medical Technologies Co (BJSE:920300) has a Days Payable of 87.19 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 Shanghai Chenguang Medical Technologies Co and its competitors. This is 19% above median its historical median of 73.43. Over the past decade, Shanghai Chenguang Medical Technologies Co's Days Payable has ranged from 52.48 to 146.55. According to the industry distribution chart, Shanghai Chenguang Medical Technologies Co ranks #748 out of 2996 companies in the Industrial Products industry, placing it in the top 25%.
Is Shanghai Chenguang Medical Technologies Co's Days Payable too high?
Shanghai Chenguang Medical Technologies Co's current Days Payable of 87.19 is 19% above median its 10-year median of 73.43. Over the past 10 years, this metric has ranged from a low of 52.48 to a high of 146.55. The Industrial Products industry median Days Payable is 78.01. Shanghai Chenguang Medical Technologies Co's value of 87.19 is 11.8% above this industry median. Based on the distribution chart, Shanghai Chenguang Medical Technologies Co ranks #748 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Chenguang Medical Technologies Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Chenguang Medical Technologies Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Chenguang Medical Technologies Co ranks #748 out of 2996 companies for Days Payable. This places Shanghai Chenguang Medical Technologies Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.01. Shanghai Chenguang Medical Technologies Co's value of 87.19 is 11.8% above this benchmark. Historically, Shanghai Chenguang Medical Technologies Co's own Days Payable has ranged from 52.48 to 146.55 over the past decade. While the company's 10-year median is 73.43 vs. the industry median of 78.01, Shanghai Chenguang Medical Technologies 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.01, based on 2,996 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. Shanghai Chenguang Medical Technologies Co's current Days Payable of 87.19 is 11.8% 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 Shanghai Chenguang Medical Technologies Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Chenguang Medical Technologies Co's current Days Payable is 87.19, which is 19% above median its own 10-year median of 73.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Chenguang Medical Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Chenguang Medical Technologies Co (BJSE:920300) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.57, compared to a current price of ¥9.47 — trading 44.1% above its estimated fair value. The current Days Payable is 87.19, which is 19% above median its 10-year median of 73.43 and 11.8% above the Industrial Products industry median of 78.01. Shanghai Chenguang Medical Technologies Co's overall GF Score™ is 53/100 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 Shanghai Chenguang Medical Technologies Co (BJSE:920300), the current Days Payable is 87.19 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 Shanghai Chenguang Medical Technologies Co (BJSE:920300) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Chenguang Medical Technologies Co stock appears to be overvalued. The current stock price of ¥9.47 is trading 44.1% above its estimated GF Value™ of ¥6.57. GuruFocus considers Shanghai Chenguang Medical Technologies Co to be Significantly Overvalued.

Key valuation signals for BJSE:920300:

  • Days Payable: 87.19 (19% above median its 10-year median of 73.43)
  • GF Value™: ¥6.57 vs. price of ¥9.47 (44.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 11.8% above the Industrial Products median (#748 of 2996)

No single metric tells the full story. See the BJSE:920300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Chenguang Medical Technologies Co Business Description

Address No. 1269, Huaqing Road, Qingpu District, Shanghai, CHN, 201707
Shanghai Chenguang Medical Technologies Co Ltd engages in research and development, production, and sales of the core hardware of medical imaging superconducting MRI equipment and special magnets in the field of scientific research. The company's product system covers hardware of superconducting MRI devices, including: RF detectors, superconducting magnets, gradient coils, RF amplifiers, gradient amplifiers.
53GF Score

Get the complete analysis for BJSE:920300

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

¥9.47
Price
¥6.57
GF Value