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SHSE:603987's Days Payable is ranked worse than 51.26% of 794
companies
in the Medical Devices & Instruments industry
Industry Median: 67.97
vs SHSE:603987: 67.47
* 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.
Shanghai Kindly Enterprise Development Group Co Days Payable Chart
Shanghai Kindly Enterprise Development Group Co Annual Data
SHSE:603987 vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Shanghai Kindly Enterprise Development 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.
Shanghai Kindly Enterprise Development Group Co Days Payable vs Medical Devices & Instruments Industry
Shanghai Kindly Enterprise Development 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.
* 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.
Shanghai Kindly Enterprise Development Group Co (SHSE:603987) has a Days Payable of 70.40 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 Shanghai Kindly Enterprise Development Group Co and its competitors. This is near median its historical median of 72.04. Over the past decade, Shanghai Kindly Enterprise Development Group Co's Days Payable has ranged from 51.57 to 82.75. According to the industry distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #407 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 51.3%.
Is Shanghai Kindly Enterprise Development Group Co's Days Payable too high?
Shanghai Kindly Enterprise Development Group Co's current Days Payable of 70.40 is near median its 10-year median of 72.04. Over the past 10 years, this metric has ranged from a low of 51.57 to a high of 82.75. The Medical Devices & Instruments industry median Days Payable is 67.97. Shanghai Kindly Enterprise Development Group Co's value of 70.40 is 3.6% above this industry median. Based on the distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #407 out of 794 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Shanghai Kindly Enterprise Development Group Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kindly Enterprise Development Group Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shanghai Kindly Enterprise Development Group Co ranks #407 out of 794 companies for Days Payable. This places Shanghai Kindly Enterprise Development Group Co in the lower half of its industry. The industry median Days Payable is 67.97. Shanghai Kindly Enterprise Development Group Co's value of 70.40 is 3.6% above this benchmark. Historically, Shanghai Kindly Enterprise Development Group Co's own Days Payable has ranged from 51.57 to 82.75 over the past decade. While the company's 10-year median is 72.04 vs. the industry median of 67.97, Shanghai Kindly Enterprise Development Group 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 67.97, based on 794 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. Shanghai Kindly Enterprise Development Group Co's current Days Payable of 70.40 is 3.6% 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 Shanghai Kindly Enterprise Development Group Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Kindly Enterprise Development Group Co's current Days Payable is 70.40, which is near median its own 10-year median of 72.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kindly Enterprise Development Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co (SHSE:603987) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.67, compared to a current price of ¥7.32 — trading 4.6% below its estimated fair value. The current Days Payable is 70.40, which is near median its 10-year median of 72.04 and 3.6% above the Medical Devices & Instruments industry median of 67.97. Shanghai Kindly Enterprise Development Group Co's overall GF Score™ is 71/100 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987), the current Days Payable is 70.40 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co stock appears to be undervalued.
The current stock price of ¥7.32 is trading 4.6% below its estimated GF Value™ of ¥7.67.
GuruFocus considers Shanghai Kindly Enterprise Development Group Co to be Fairly Valued.
Key valuation signals for SHSE:603987:
Days Payable: 70.40 (near median its 10-year median of 72.04)
GF Value™: ¥7.67 vs. price of ¥7.32 (4.6% below fair value)
Industry Position: 3.6% above the Medical Devices & Instruments median (#407 of 794)
No single metric tells the full story. See the SHSE:603987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Kindly Enterprise Development Group Co Ltd is the manufacturer of medical polymer products in China. The principal business activities include research and development, production and sales of medical puncture devices. Its product portfolio comprises infusion sets, transfusion sets, medical tubes, medical package material, needle and cannula, medical bags and medical kits.
71GF Score
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