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Micro-Tech (Nanjing) CoSHSE:688029 +1.68%97 Days Payable is 127.73 as of Mar. 2026, which is 8% below its 10-year median of 138.34. GuruFocus rates SHSE:688029 with a GF Score™ of 97/100 and a GF Value™ of ¥96.07 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 793 Medical Devices & Instruments companies, Micro-Tech (Nanjing) Co ranks better than 73.64% on this metric.
The historical rank and industry rank for Micro-Tech (Nanjing) Co's Days Payable or its related term are showing as below:
SHSE:688029'
s Days Payable Range Over the Past 10 Years
Min: 79.57 Med: 138.34 Max: 169.16
Current: 125.31
During the past 13 years, Micro-Tech (Nanjing) Co's highest Days Payable was 169.16. The lowest was 79.57. And the median was 138.34.
SHSE:688029's Days Payable is ranked better than 73.64% of 793
companies
in the Medical Devices & Instruments industry
Industry Median: 68.47
vs SHSE:688029: 125.31
* 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:688029 vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Micro-Tech (Nanjing) 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.
Micro-Tech (Nanjing) Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Micro-Tech (Nanjing) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Micro-Tech (Nanjing) Co's Days Payable falls into.
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.
Micro-Tech (Nanjing) Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Micro-Tech (Nanjing) Co (SHSE:688029) has a Days Payable of 127.73 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 Micro-Tech (Nanjing) Co and its competitors. This is near median its historical median of 138.34. Over the past decade, Micro-Tech (Nanjing) Co's Days Payable has ranged from 79.57 to 169.16. According to the industry distribution chart, Micro-Tech (Nanjing) Co ranks #209 out of 793 companies in the Medical Devices & Instruments industry, placing it in the top 26.4%.
Is Micro-Tech (Nanjing) Co's Days Payable too high?
Micro-Tech (Nanjing) Co's current Days Payable of 127.73 is near median its 10-year median of 138.34. Over the past 10 years, this metric has ranged from a low of 79.57 to a high of 169.16. The Medical Devices & Instruments industry median Days Payable is 68.47. Micro-Tech (Nanjing) Co's value of 127.73 is 86.5% above this industry median. Based on the distribution chart, Micro-Tech (Nanjing) Co ranks #209 out of 793 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Micro-Tech (Nanjing) Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro-Tech (Nanjing) Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Micro-Tech (Nanjing) Co ranks #209 out of 793 companies for Days Payable. This puts Micro-Tech (Nanjing) Co in the upper half of its industry. The industry median Days Payable is 68.47. Micro-Tech (Nanjing) Co's value of 127.73 is 86.5% above this benchmark. Historically, Micro-Tech (Nanjing) Co's own Days Payable has ranged from 79.57 to 169.16 over the past decade. While the company's 10-year median is 138.34 vs. the industry median of 68.47, Micro-Tech (Nanjing) 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 68.47, based on 793 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. Micro-Tech (Nanjing) Co's current Days Payable of 127.73 is 86.5% 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 Micro-Tech (Nanjing) Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro-Tech (Nanjing) Co's current Days Payable is 127.73, which is near median its own 10-year median of 138.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Tech (Nanjing) Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Tech (Nanjing) Co (SHSE:688029) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥96.07, compared to a current price of ¥78.29 — trading 18.5% below its estimated fair value. The current Days Payable is 127.73, which is near median its 10-year median of 138.34 and 86.5% above the Medical Devices & Instruments industry median of 68.47. Micro-Tech (Nanjing) Co's overall GF Score™ is 97/100 with 1 warning sign 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 Micro-Tech (Nanjing) Co (SHSE:688029), the current Days Payable is 127.73 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 Micro-Tech (Nanjing) Co (SHSE:688029) Overvalued in 2026?
Based on GuruFocus' analysis, Micro-Tech (Nanjing) Co stock appears to be undervalued.
The current stock price of ¥78.29 is trading 18.5% below its estimated GF Value™ of ¥96.07.
GuruFocus considers Micro-Tech (Nanjing) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688029:
Days Payable: 127.73 (near median its 10-year median of 138.34)
GF Value™: ¥96.07 vs. price of ¥78.29 (18.5% below fair value)
Industry Position: 86.5% above the Medical Devices & Instruments median (#209 of 793)
No single metric tells the full story. See the SHSE:688029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro-Tech (Nanjing) Co Ltd is engaged in the research, development, production and sales of examination and minimally invasive surgical instruments used in conjunction with endoscopes, as well as equipment and consumables required for microwave ablation.
97GF Score
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