PASW (Ping An Biomedical Co) Days Payable: 101.86 (As of Sep. 2025) — 91% Above Median

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PASW Ping An Biomedical Co Ltd PASW
17 GF Score
Price $0.12
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What is Ping An Biomedical Co Days Payable?

Ping An Biomedical Co PASW -6.49% 17 Days Payable is 101.86 as of Sep. 2025, which is 91% above its 10-year median of 53.40. GuruFocus rates PASW with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Ping An Biomedical Co ranks better than 80.16% on this metric.

Ping An Biomedical Co's average Accounts Payable for the six months ended in Sep. 2025 was $1.12 Mil. Ping An Biomedical Co's Cost of Goods Sold for the six months ended in Sep. 2025 was $2.00 Mil. Hence, Ping An Biomedical Co's Days Payable for the six months ended in Sep. 2025 was 101.86.

The historical rank and industry rank for Ping An Biomedical Co's Days Payable or its related term are showing as below:

PASW' s Days Payable Range Over the Past 10 Years
Min: 30.55   Med: 53.4   Max: 135.04
Current: 115.1

During the past 5 years, Ping An Biomedical Co's highest Days Payable was 135.04. The lowest was 30.55. And the median was 53.40.

PASW's Days Payable is ranked better than
80.16% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs PASW: 115.10

Ping An Biomedical Co's Days Payable increased from Sep. 2024 (87.81) to Sep. 2025 (101.86). It may suggest that Ping An Biomedical Co delayed paying its suppliers.


Ping An Biomedical Co Days Payable Historical Data

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The historical data trend for Ping An Biomedical 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.

Ping An Biomedical Co Days Payable Chart

Ping An Biomedical Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
30.55 46.88 65.30 53.40 135.04

Ping An Biomedical Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only 45.41 71.99 87.81 106.39 101.86

PASW vs DXYN, CULP, UFI: Days Payable Comparison

For the Textile Manufacturing subindustry, Ping An Biomedical 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.


Ping An Biomedical Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ping An Biomedical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ping An Biomedical Co's Days Payable falls into.


PASW
17GF Score
Ping An Biomedical Co Ltd PASW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ping An Biomedical 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.

Ping An Biomedical Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (2.128 + 1.321) / 2 ) / 4.661*365
=1.7245 / 4.661*365
=135.04

Ping An Biomedical Co's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.915 + 1.321) / 2 ) / 2.003*365 / 2
=1.118 / 2.003*365 / 2
=101.86

* 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 101.86 mean?
Ping An Biomedical Co (PASW) has a Days Payable of 101.86 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ping An Biomedical Co and its competitors. This is 91% above median its historical median of 53.40. Over the past decade, Ping An Biomedical Co's Days Payable has ranged from 30.55 to 135.04. According to the industry distribution chart, Ping An Biomedical Co ranks #202 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.8%.
Is Ping An Biomedical Co's Days Payable too high?
Ping An Biomedical Co's current Days Payable of 101.86 is 91% above median its 10-year median of 53.40. Over the past 10 years, this metric has ranged from a low of 30.55 to a high of 135.04. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Ping An Biomedical Co's value of 101.86 is 87.7% above this industry median. Based on the distribution chart, Ping An Biomedical Co ranks #202 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ping An Biomedical Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ping An Biomedical Co's Days Payable compare to DXYN and CULP?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ping An Biomedical Co ranks #202 out of 1018 companies for Days Payable. This places Ping An Biomedical Co in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.27. Ping An Biomedical Co's value of 101.86 is 87.7% above this benchmark. Historically, Ping An Biomedical Co's own Days Payable has ranged from 30.55 to 135.04 over the past decade. While the company's 10-year median is 53.40 vs. the industry median of 54.27, Ping An Biomedical 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.27, based on 1,018 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. Ping An Biomedical Co's current Days Payable of 101.86 is 87.7% 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 Ping An Biomedical Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Biomedical Co's current Days Payable is 101.86, which is 91% above median its own 10-year median of 53.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Biomedical Co stock overvalued right now?
Ping An Biomedical Co (PASW) has a current Days Payable of 101.86. The current Days Payable is 101.86, which is 91% above median its 10-year median of 53.40 and 87.7% above the Manufacturing - Apparel & Accessories industry median of 54.27. Ping An Biomedical Co's overall GF Score™ is 17/100 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 Ping An Biomedical Co (PASW), the current Days Payable is 101.86 as of Sep. 2025. 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.

Ping An Biomedical Co Business Description

Address Tai Nan West Street, 1002-1008, 22nd Floor, China United Plaza, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Ping An Biomedical Co Ltd formerly Majestic Ideal Holdings Ltd is a Cayman Islands-based holding company, conducting operations through its PRC subsidiary, NewBrand. The group is a provider of SCM services in the apparel industry, offering solutions for a broad range of yarn products, textiles, and finished garments. Its service offerings encompass every key aspect of the supply chain of textile products, such as market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The group has two reportable segments, yarns and finished garments. The majority of its revenue is generated from the sale of yarns, including pure cashmere and cashmere-mix yarn, merino wool, cotton, and fancy yarn.
17GF Score

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