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What is Shinva Medical Instrument Co Days Payable?
Shinva Medical Instrument CoSHSE:600587 -0.46%58 Days Payable is 140.42 as of Mar. 2026, which is 32% above its 10-year median of 106.40. GuruFocus rates SHSE:600587 with a GF Score™ of 58/100 and a GF Value™ of ¥15.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Shinva Medical Instrument Co ranks better than 74.21% on this metric.
The historical rank and industry rank for Shinva Medical Instrument Co's Days Payable or its related term are showing as below:
SHSE:600587'
s Days Payable Range Over the Past 10 Years
Min: 96.67 Med: 106.4 Max: 132.38
Current: 129.98
During the past 13 years, Shinva Medical Instrument Co's highest Days Payable was 132.38. The lowest was 96.67. And the median was 106.40.
SHSE:600587's Days Payable is ranked better than 74.21% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 67.87
vs SHSE:600587: 129.98
* 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.
SHSE:600587 vs ABT, SYK, MDT: Days Payable Comparison
For the Medical Devices subindustry, Shinva Medical Instrument 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.
Shinva Medical Instrument Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shinva Medical Instrument Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shinva Medical Instrument Co's Days Payable falls into.
Shinva Medical Instrument 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.
* 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.
Shinva Medical Instrument Co (SHSE:600587) has a Days Payable of 140.42 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 Shinva Medical Instrument Co and its competitors. This is 32% above median its historical median of 106.40. Over the past decade, Shinva Medical Instrument Co's Days Payable has ranged from 96.67 to 132.38. According to the industry distribution chart, Shinva Medical Instrument Co ranks #205 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 25.8%.
Is Shinva Medical Instrument Co's Days Payable too high?
Shinva Medical Instrument Co's current Days Payable of 140.42 is 32% above median its 10-year median of 106.40. Over the past 10 years, this metric has ranged from a low of 96.67 to a high of 132.38. The Medical Devices & Instruments industry median Days Payable is 67.87. Shinva Medical Instrument Co's value of 140.42 is 106.9% above this industry median. Based on the distribution chart, Shinva Medical Instrument Co ranks #205 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Shinva Medical Instrument Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinva Medical Instrument Co's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Shinva Medical Instrument Co ranks #205 out of 795 companies for Days Payable. This puts Shinva Medical Instrument Co in the upper half of its industry. The industry median Days Payable is 67.87. Shinva Medical Instrument Co's value of 140.42 is 106.9% above this benchmark. Historically, Shinva Medical Instrument Co's own Days Payable has ranged from 96.67 to 132.38 over the past decade. While the company's 10-year median is 106.40 vs. the industry median of 67.87, Shinva Medical Instrument 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Shinva Medical Instrument Co's current Days Payable of 140.42 is 106.9% 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 Shinva Medical Instrument Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinva Medical Instrument Co's current Days Payable is 140.42, which is 32% above median its own 10-year median of 106.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinva Medical Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Shinva Medical Instrument Co (SHSE:600587) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.52, compared to a current price of ¥13.09 — trading 15.7% below its estimated fair value. The current Days Payable is 140.42, which is 32% above median its 10-year median of 106.40 and 106.9% above the Medical Devices & Instruments industry median of 67.87. Shinva Medical Instrument Co's overall GF Score™ is 58/100 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 Shinva Medical Instrument Co (SHSE:600587), the current Days Payable is 140.42 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 Shinva Medical Instrument Co (SHSE:600587) Overvalued in 2026?
Based on GuruFocus' analysis, Shinva Medical Instrument Co stock appears to be undervalued.
The current stock price of ¥13.09 is trading 15.7% below its estimated GF Value™ of ¥15.52.
GuruFocus considers Shinva Medical Instrument Co to be Modestly Undervalued.
Key valuation signals for SHSE:600587:
Days Payable: 140.42 (32% above median its 10-year median of 106.40)
GF Value™: ¥15.52 vs. price of ¥13.09 (15.7% below fair value)
Industry Position: 106.9% above the Medical Devices & Instruments median (#205 of 795)
No single metric tells the full story. See the SHSE:600587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinva Medical Instrument Co Ltd manufactures medical instruments in China. Its main products include sterilizers and testing products, radiotherapy and digital diagnosis equipment, surgical instruments and pharmaceutical machinery.
58GF Score
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