Zhejiang Gongdong Medical Technology Co (SHSE:605369) Days Payable: 47.66 (As of Mar. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605369 Zhejiang Gongdong Medical Technology Co Ltd SHSE:605369
71 GF Score
Price ¥15.76
GF Value ¥26.57
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Zhejiang Gongdong Medical Technology Co Days Payable?

Zhejiang Gongdong Medical Technology Co SHSE:605369 -0.13% 71 Days Payable is 47.66 as of Mar. 2026, which is 13% below its 10-year median of 54.51. GuruFocus rates SHSE:605369 with a GF Score™ of 71/100 and a GF Value™ of ¥26.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Zhejiang Gongdong Medical Technology Co ranks worse than 78.46% on this metric.

Zhejiang Gongdong Medical Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥102 Mil. Zhejiang Gongdong Medical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥195 Mil. Hence, Zhejiang Gongdong Medical Technology Co's Days Payable for the three months ended in Mar. 2026 was 47.66.

The historical rank and industry rank for Zhejiang Gongdong Medical Technology Co's Days Payable or its related term are showing as below:

SHSE:605369' s Days Payable Range Over the Past 10 Years
Min: 35   Med: 54.51   Max: 75
Current: 36.51

During the past 10 years, Zhejiang Gongdong Medical Technology Co's highest Days Payable was 75.00. The lowest was 35.00. And the median was 54.51.

SHSE:605369's Days Payable is ranked worse than
78.46% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.85 vs SHSE:605369: 36.51

Zhejiang Gongdong Medical Technology Co's Days Payable increased from Mar. 2025 (30.99) to Mar. 2026 (47.66). It may suggest that Zhejiang Gongdong Medical Technology Co delayed paying its suppliers.


Zhejiang Gongdong Medical Technology Co Days Payable Related Terms


Zhejiang Gongdong Medical Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Gongdong Medical Technology 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.

Zhejiang Gongdong Medical Technology Co Days Payable Chart

Zhejiang Gongdong Medical Technology 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 58.67 59.79 63.32 36.57 41.02

Zhejiang Gongdong Medical Technology 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 30.99 29.49 35.71 39.21 47.66

SHSE:605369 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Zhejiang Gongdong Medical Technology 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.


Zhejiang Gongdong Medical Technology Co Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhejiang Gongdong Medical Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Gongdong Medical Technology Co's Days Payable falls into.


SHSE:605369
71GF Score
Zhejiang Gongdong Medical Technology Co Ltd SHSE:605369
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Gongdong Medical Technology 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.

Zhejiang Gongdong Medical Technology 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
=( (69.979 + 114.133) / 2 ) / 819.182*365
=92.056 / 819.182*365
=41.02

Zhejiang Gongdong Medical Technology 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
=( (114.133 + 89.498) / 2 ) / 194.922*365 / 4
=101.8155 / 194.922*365 / 4
=47.66

* 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 47.66 mean?
Zhejiang Gongdong Medical Technology Co (SHSE:605369) has a Days Payable of 47.66 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 Zhejiang Gongdong Medical Technology Co and its competitors. This is 13% below median its historical median of 54.51. Over the past decade, Zhejiang Gongdong Medical Technology Co's Days Payable has ranged from 35.00 to 75.00. According to the industry distribution chart, Zhejiang Gongdong Medical Technology Co ranks #623 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 78.5%.
Is Zhejiang Gongdong Medical Technology Co's Days Payable too high?
Zhejiang Gongdong Medical Technology Co's current Days Payable of 47.66 is 13% below median its 10-year median of 54.51. Over the past 10 years, this metric has ranged from a low of 35.00 to a high of 75.00. The Medical Devices & Instruments industry median Days Payable is 67.85. Zhejiang Gongdong Medical Technology Co's value of 47.66 is 29.8% below this industry median. Based on the distribution chart, Zhejiang Gongdong Medical Technology Co ranks #623 out of 794 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Gongdong Medical Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Gongdong Medical Technology Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Zhejiang Gongdong Medical Technology Co ranks #623 out of 794 companies for Days Payable. This places Zhejiang Gongdong Medical Technology Co in the lower half of its industry. The industry median Days Payable is 67.85. Zhejiang Gongdong Medical Technology Co's value of 47.66 is 29.8% below this benchmark. Historically, Zhejiang Gongdong Medical Technology Co's own Days Payable has ranged from 35.00 to 75.00 over the past decade. While the company's 10-year median is 54.51 vs. the industry median of 67.85, Zhejiang Gongdong Medical Technology 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.85, 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. Zhejiang Gongdong Medical Technology Co's current Days Payable of 47.66 is 29.8% 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 Zhejiang Gongdong Medical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Gongdong Medical Technology Co's current Days Payable is 47.66, which is 13% below median its own 10-year median of 54.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Gongdong Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Gongdong Medical Technology Co (SHSE:605369) is currently considered Possible Value Trap. The stock's GF Value™ is ¥26.57, compared to a current price of ¥15.76 — trading 40.7% below its estimated fair value. The current Days Payable is 47.66, which is 13% below median its 10-year median of 54.51 and 29.8% below the Medical Devices & Instruments industry median of 67.85. Zhejiang Gongdong Medical Technology Co's overall GF Score™ is 71/100 with 6 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 Zhejiang Gongdong Medical Technology Co (SHSE:605369), the current Days Payable is 47.66 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 Zhejiang Gongdong Medical Technology Co (SHSE:605369) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Gongdong Medical Technology Co stock appears to be undervalued. The current stock price of ¥15.76 is trading 40.7% below its estimated GF Value™ of ¥26.57. GuruFocus considers Zhejiang Gongdong Medical Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:605369:

  • Days Payable: 47.66 (13% below median its 10-year median of 54.51)
  • GF Value™: ¥26.57 vs. price of ¥15.76 (40.7% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 29.8% below the Medical Devices & Instruments median (#623 of 794)

No single metric tells the full story. See the SHSE:605369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Gongdong Medical Technology Co Business Description

Address No. 10 Beiyuan Avenue, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020
Zhejiang Gongdong Medical Technology Co Ltd is engaged in production and sales of disposable medical devices, and medical testing supplies. The company's products include Vacuum Blood collection system; Specimen Collection system; Petri Dish Family; Centrifugation Tube; Vaginal Speculum; Surgical Supplies; Pipette tip; Transfer Pipette; Test Tube; Test Tube Racks; and Colorimetric Cup.
71GF Score

Get the complete analysis for SHSE:605369

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

¥15.76
Price
¥26.57
GF Value