Hubei Kangnong Seed Co (BJSE:920403) Days Payable: 151.74 (As of Mar. 2026) — 30% Above Median

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BJSE:920403 Hubei Kangnong Seed Co Ltd BJSE:920403
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What is Hubei Kangnong Seed Co Days Payable?

Hubei Kangnong Seed Co BJSE:920403 50 Days Payable is 151.74 as of Mar. 2026, which is 30% above its 10-year median of 116.62. GuruFocus rates BJSE:920403 with a GF Score™ of 50/100. The stock has 5 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Hubei Kangnong Seed Co ranks better than 67.37% on this metric.

Hubei Kangnong Seed Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥36.7 Mil. Hubei Kangnong Seed Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥22.0 Mil. Hence, Hubei Kangnong Seed Co's Days Payable for the three months ended in Mar. 2026 was 151.74.

The historical rank and industry rank for Hubei Kangnong Seed Co's Days Payable or its related term are showing as below:

BJSE:920403' s Days Payable Range Over the Past 10 Years
Min: 45.63   Med: 116.62   Max: 177.27
Current: 62.54

During the past 13 years, Hubei Kangnong Seed Co's highest Days Payable was 177.27. The lowest was 45.63. And the median was 116.62.

BJSE:920403's Days Payable is ranked better than
67.37% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 43.945 vs BJSE:920403: 62.54

Hubei Kangnong Seed Co's Days Payable declined from Mar. 2025 (407.65) to Mar. 2026 (151.74). It may suggest that Hubei Kangnong Seed Co accelerated paying its suppliers.


Hubei Kangnong Seed Co Days Payable Historical Data

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The historical data trend for Hubei Kangnong Seed 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.

Hubei Kangnong Seed Co Days Payable Chart

Hubei Kangnong Seed 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 46.70 45.63 67.64 137.03 137.55

Hubei Kangnong Seed Co Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 407.65 463.76 1,940.80 20.11 151.74

BJSE:920403 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Hubei Kangnong Seed 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.


Hubei Kangnong Seed Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's Days Payable falls into.


BJSE:920403
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Hubei Kangnong Seed Co Ltd BJSE:920403
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Hubei Kangnong Seed 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.

Hubei Kangnong Seed 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
=( (109.401 + 54.691) / 2 ) / 217.716*365
=82.046 / 217.716*365
=137.55

Hubei Kangnong Seed 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
=( (54.691 + 18.616) / 2 ) / 22.042*365 / 4
=36.6535 / 22.042*365 / 4
=151.74

* 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 151.74 mean?
Hubei Kangnong Seed Co (BJSE:920403) has a Days Payable of 151.74 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 Hubei Kangnong Seed Co and its competitors. This is 30% above median its historical median of 116.62. Over the past decade, Hubei Kangnong Seed Co's Days Payable has ranged from 45.63 to 177.27. According to the industry distribution chart, Hubei Kangnong Seed Co ranks #616 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 32.6%.
Is Hubei Kangnong Seed Co's Days Payable too high?
Hubei Kangnong Seed Co's current Days Payable of 151.74 is 30% above median its 10-year median of 116.62. Over the past 10 years, this metric has ranged from a low of 45.63 to a high of 177.27. The Consumer Packaged Goods industry median Days Payable is 43.95. Hubei Kangnong Seed Co's value of 151.74 is 245.3% above this industry median. Based on the distribution chart, Hubei Kangnong Seed Co ranks #616 out of 1888 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hubei Kangnong Seed Co has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Hubei Kangnong Seed Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hubei Kangnong Seed Co ranks #616 out of 1888 companies for Days Payable. This puts Hubei Kangnong Seed Co in the upper half of its industry. The industry median Days Payable is 43.95. Hubei Kangnong Seed Co's value of 151.74 is 245.3% above this benchmark. Historically, Hubei Kangnong Seed Co's own Days Payable has ranged from 45.63 to 177.27 over the past decade. While the company's 10-year median is 116.62 vs. the industry median of 43.95, Hubei Kangnong Seed 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.95, based on 1,888 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. Hubei Kangnong Seed Co's current Days Payable of 151.74 is 245.3% 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 Hubei Kangnong Seed Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubei Kangnong Seed Co's current Days Payable is 151.74, which is 30% above median its own 10-year median of 116.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Kangnong Seed Co stock overvalued right now?
Hubei Kangnong Seed Co (BJSE:920403) has a current Days Payable of 151.74. The current Days Payable is 151.74, which is 30% above median its 10-year median of 116.62 and 245.3% above the Consumer Packaged Goods industry median of 43.95. Hubei Kangnong Seed Co's overall GF Score™ is 50/100 with 5 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 Hubei Kangnong Seed Co (BJSE:920403), the current Days Payable is 151.74 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.

Hubei Kangnong Seed Co Business Description

Address No. 553, Changyang Avenue, Changyang Economic Development Zone, Hubei Province, Yichang, CHN, 443501
Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.
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