Nanjing Well Pharmaceutical Group Co (SHSE:603351) Days Payable: 37.73 (As of Mar. 2026) — 27% Below Median

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SHSE:603351 Nanjing Well Pharmaceutical Group Co Ltd SHSE:603351
81 GF Score
Price ¥26.93
GF Value ¥28.01
Valuation Fairly Valued
! 3 Warning Signs
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What is Nanjing Well Pharmaceutical Group Co Days Payable?

Nanjing Well Pharmaceutical Group Co SHSE:603351 +0.34% 81 Days Payable is 37.73 as of Mar. 2026, which is 27% below its 10-year median of 51.68. GuruFocus rates SHSE:603351 with a GF Score™ of 81/100 and a GF Value™ of ¥28.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 925 Drug Manufacturers companies, Nanjing Well Pharmaceutical Group Co ranks worse than 82.16% on this metric.

Nanjing Well Pharmaceutical Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥107 Mil. Nanjing Well Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥258 Mil. Hence, Nanjing Well Pharmaceutical Group Co's Days Payable for the three months ended in Mar. 2026 was 37.73.

The historical rank and industry rank for Nanjing Well Pharmaceutical Group Co's Days Payable or its related term are showing as below:

SHSE:603351' s Days Payable Range Over the Past 10 Years
Min: 40.17   Med: 51.68   Max: 89.43
Current: 41.74

During the past 12 years, Nanjing Well Pharmaceutical Group Co's highest Days Payable was 89.43. The lowest was 40.17. And the median was 51.68.

SHSE:603351's Days Payable is ranked worse than
82.16% of 925 companies
in the Drug Manufacturers industry
Industry Median: 89.27 vs SHSE:603351: 41.74

Nanjing Well Pharmaceutical Group Co's Days Payable increased from Mar. 2025 (33.48) to Mar. 2026 (37.73). It may suggest that Nanjing Well Pharmaceutical Group Co delayed paying its suppliers.


Nanjing Well Pharmaceutical Group Co Days Payable Related Terms


Nanjing Well Pharmaceutical Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nanjing Well Pharmaceutical Group 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.

Nanjing Well Pharmaceutical Group Co Days Payable Chart

Nanjing Well Pharmaceutical Group 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 76.32 60.73 50.11 40.17 40.36

Nanjing Well Pharmaceutical Group 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 33.48 44.26 45.15 45.36 37.73

SHSE:603351 vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Nanjing Well Pharmaceutical Group 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.


Nanjing Well Pharmaceutical Group Co Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nanjing Well Pharmaceutical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Well Pharmaceutical Group Co's Days Payable falls into.


SHSE:603351
81GF Score
Nanjing Well Pharmaceutical Group Co Ltd SHSE:603351
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Well Pharmaceutical Group 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.

Nanjing Well Pharmaceutical Group 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
=( (98.757 + 112.427) / 2 ) / 955.04*365
=105.592 / 955.04*365
=40.36

Nanjing Well Pharmaceutical Group 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
=( (112.427 + 101.262) / 2 ) / 258.376*365 / 4
=106.8445 / 258.376*365 / 4
=37.73

* 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 37.73 mean?
Nanjing Well Pharmaceutical Group Co (SHSE:603351) has a Days Payable of 37.73 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 Nanjing Well Pharmaceutical Group Co and its competitors. This is 27% below median its historical median of 51.68. Over the past decade, Nanjing Well Pharmaceutical Group Co's Days Payable has ranged from 40.17 to 89.43. According to the industry distribution chart, Nanjing Well Pharmaceutical Group Co ranks #760 out of 925 companies in the Drug Manufacturers industry, placing it in the top 82.2%.
Is Nanjing Well Pharmaceutical Group Co's Days Payable too high?
Nanjing Well Pharmaceutical Group Co's current Days Payable of 37.73 is 27% below median its 10-year median of 51.68. Over the past 10 years, this metric has ranged from a low of 40.17 to a high of 89.43. The Drug Manufacturers industry median Days Payable is 89.27. Nanjing Well Pharmaceutical Group Co's value of 37.73 is 57.7% below this industry median. Based on the distribution chart, Nanjing Well Pharmaceutical Group Co ranks #760 out of 925 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Nanjing Well Pharmaceutical Group Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Well Pharmaceutical Group Co's Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Nanjing Well Pharmaceutical Group Co ranks #760 out of 925 companies for Days Payable. This places Nanjing Well Pharmaceutical Group Co in the lower half of its industry. The industry median Days Payable is 89.27. Nanjing Well Pharmaceutical Group Co's value of 37.73 is 57.7% below this benchmark. Historically, Nanjing Well Pharmaceutical Group Co's own Days Payable has ranged from 40.17 to 89.43 over the past decade. While the company's 10-year median is 51.68 vs. the industry median of 89.27, Nanjing Well Pharmaceutical Group 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 89.27, based on 925 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. Nanjing Well Pharmaceutical Group Co's current Days Payable of 37.73 is 57.7% 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 Nanjing Well Pharmaceutical Group Co and its competitors. For the Drug Manufacturers industry, the median Days Payable is 89.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Well Pharmaceutical Group Co's current Days Payable is 37.73, which is 27% below median its own 10-year median of 51.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Well Pharmaceutical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Well Pharmaceutical Group Co (SHSE:603351) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.01, compared to a current price of ¥26.93 — trading 3.9% below its estimated fair value. The current Days Payable is 37.73, which is 27% below median its 10-year median of 51.68 and 57.7% below the Drug Manufacturers industry median of 89.27. Nanjing Well Pharmaceutical Group Co's overall GF Score™ is 81/100 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 Nanjing Well Pharmaceutical Group Co (SHSE:603351), the current Days Payable is 37.73 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 Nanjing Well Pharmaceutical Group Co (SHSE:603351) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Well Pharmaceutical Group Co stock appears to be undervalued. The current stock price of ¥26.93 is trading 3.9% below its estimated GF Value™ of ¥28.01. GuruFocus considers Nanjing Well Pharmaceutical Group Co to be Fairly Valued.

Key valuation signals for SHSE:603351:

  • Days Payable: 37.73 (27% below median its 10-year median of 51.68)
  • GF Value™: ¥28.01 vs. price of ¥26.93 (3.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 57.7% below the Drug Manufacturers median (#760 of 925)

No single metric tells the full story. See the SHSE:603351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Well Pharmaceutical Group Co Business Description

Address No. 99, Changfeng Hexi Road, Nanjing Chemical Industry Park, Jiangsu Province, Nanjing, CHN, 210000
Nanjing Well Pharmaceutical Group Co Ltd is engaged in research and development, production and sales of pharmaceutical auxiliary materials and synthetic lubricating base oil and other products. The company uses a variety of pharmaceutical dosage forms such as injection, oral administration and external use to guarantee the molding, effectiveness, stability and safety of pharmaceutical dosage forms.
81GF Score

Get the complete analysis for SHSE:603351

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

¥26.93
Price
¥28.01
GF Value