Wenzhou Kangning Hospital Co (HKSE:02120) Days Payable: 40.52 (As of Jun. 2026) — Near Median

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HKSE:02120 Wenzhou Kangning Hospital Co Ltd HKSE:02120
75 GF Score
Price HK$9.33
GF Value HK$13.13
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wenzhou Kangning Hospital Co Days Payable?

Wenzhou Kangning Hospital Co HKSE:02120 +2.92% 75 Days Payable is 40.52 as of Jun. 2026, which is 3% above its 10-year median of 39.33. GuruFocus rates HKSE:02120 with a GF Score™ of 75/100 and a GF Value™ of HK$13.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 610 Healthcare Providers & Services companies, Wenzhou Kangning Hospital Co ranks worse than 65.25% on this metric.

Wenzhou Kangning Hospital Co's average Accounts Payable for the six months ended in Jun. 2026 was HK$161 Mil. Wenzhou Kangning Hospital Co's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$723 Mil. Hence, Wenzhou Kangning Hospital Co's Days Payable for the six months ended in Jun. 2026 was 40.52.

The historical rank and industry rank for Wenzhou Kangning Hospital Co's Days Payable or its related term are showing as below:

HKSE:02120' s Days Payable Range Over the Past 10 Years
Min: 26.06   Med: 39.33   Max: 61.87
Current: 38.03

During the past 12 years, Wenzhou Kangning Hospital Co's highest Days Payable was 61.87. The lowest was 26.06. And the median was 39.33.

HKSE:02120's Days Payable is ranked worse than
65.25% of 610 companies
in the Healthcare Providers & Services industry
Industry Median: 58.02 vs HKSE:02120: 38.03

Wenzhou Kangning Hospital Co's Days Payable declined from Jun. 2025 (41.15) to Jun. 2026 (40.52). It may suggest that Wenzhou Kangning Hospital Co accelerated paying its suppliers.


Wenzhou Kangning Hospital Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital Co Days Payable Chart

Wenzhou Kangning Hospital 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 26.16 26.06 30.43 36.73 43.82

Wenzhou Kangning Hospital Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 33.96 36.53 41.15 39.00 40.52

HKSE:02120 vs HCA, THC, DVA: Days Payable Comparison

For the Medical Care Facilities subindustry, Wenzhou Kangning Hospital 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.


Wenzhou Kangning Hospital Co Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wenzhou Kangning Hospital Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wenzhou Kangning Hospital Co's Days Payable falls into.


HKSE:02120
75GF Score
Wenzhou Kangning Hospital Co Ltd HKSE:02120
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital 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
=( (140.864 + 177.643) / 2 ) / 1326.46*365
=159.2535 / 1326.46*365
=43.82

Wenzhou Kangning Hospital Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (177.643 + 143.401) / 2 ) / 723.035*365 / 2
=160.522 / 723.035*365 / 2
=40.52

* 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 40.52 mean?
Wenzhou Kangning Hospital Co (HKSE:02120) has a Days Payable of 40.52 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wenzhou Kangning Hospital Co and its competitors. This is near median its historical median of 39.33. Over the past decade, Wenzhou Kangning Hospital Co's Days Payable has ranged from 26.06 to 61.87. According to the industry distribution chart, Wenzhou Kangning Hospital Co ranks #398 out of 610 companies in the Healthcare Providers & Services industry, placing it in the top 65.2%.
Is Wenzhou Kangning Hospital Co's Days Payable too high?
Wenzhou Kangning Hospital Co's current Days Payable of 40.52 is near median its 10-year median of 39.33. Over the past 10 years, this metric has ranged from a low of 26.06 to a high of 61.87. The Healthcare Providers & Services industry median Days Payable is 58.02. Wenzhou Kangning Hospital Co's value of 40.52 is 30.2% below this industry median. Based on the distribution chart, Wenzhou Kangning Hospital Co ranks #398 out of 610 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Wenzhou Kangning Hospital Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wenzhou Kangning Hospital Co's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wenzhou Kangning Hospital Co ranks #398 out of 610 companies for Days Payable. This places Wenzhou Kangning Hospital Co in the lower half of its industry. The industry median Days Payable is 58.02. Wenzhou Kangning Hospital Co's value of 40.52 is 30.2% below this benchmark. Historically, Wenzhou Kangning Hospital Co's own Days Payable has ranged from 26.06 to 61.87 over the past decade. While the company's 10-year median is 39.33 vs. the industry median of 58.02, Wenzhou Kangning Hospital 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.02, based on 610 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. Wenzhou Kangning Hospital Co's current Days Payable of 40.52 is 30.2% 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 Wenzhou Kangning Hospital Co and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wenzhou Kangning Hospital Co's current Days Payable is 40.52, which is near median its own 10-year median of 39.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wenzhou Kangning Hospital Co stock overvalued right now?
Based on GuruFocus' analysis, Wenzhou Kangning Hospital Co (HKSE:02120) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$13.13, compared to a current price of HK$9.33 — trading 28.9% below its estimated fair value. The current Days Payable is 40.52, which is near median its 10-year median of 39.33 and 30.2% below the Healthcare Providers & Services industry median of 58.02. Wenzhou Kangning Hospital Co's overall GF Score™ is 75/100 with 3 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 Wenzhou Kangning Hospital Co (HKSE:02120), the current Days Payable is 40.52 as of Jun. 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 Wenzhou Kangning Hospital Co (HKSE:02120) Overvalued in 2026?

Based on GuruFocus' analysis, Wenzhou Kangning Hospital Co stock appears to be undervalued. The current stock price of HK$9.33 is trading 28.9% below its estimated GF Value™ of HK$13.13. GuruFocus considers Wenzhou Kangning Hospital Co to be Modestly Undervalued.

Key valuation signals for HKSE:02120:

  • Days Payable: 40.52 (near median its 10-year median of 39.33)
  • GF Value™: HK$13.13 vs. price of HK$9.33 (28.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 30.2% below the Healthcare Providers & Services median (#398 of 610)

No single metric tells the full story. See the HKSE:02120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wenzhou Kangning Hospital Co Business Description

Address No.1 Shengjin Road, Huanglong Residential District, Zhejiang, Wenzhou, CHN
Wenzhou Kangning Hospital Co Ltd is engaged in operating a network of healthcare facilities that focus on providing psychiatric specialty care and elderly rehabilitation service across various regions in China. It derives revenue from operating its owned hospitals consists of fees charged for outpatient visits and inpatient services at the group's various hospitals, which can be divided into treatment and general healthcare services and pharmaceutical sales, as well as variable considerations for medical services provided by the group, mainly including medical insurance settlement differences.
75GF Score

Get the complete analysis for HKSE:02120

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

HK$9.33
Price
HK$13.13
GF Value