AVE Science & Technology Co (SHSE:688067) Days Payable: 29.58 (As of Mar. 2026) — Near Median

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SHSE:688067 AVE Science & Technology Co Ltd SHSE:688067
78 GF Score
Price ¥19.36
GF Value ¥24.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is AVE Science & Technology Co Days Payable?

AVE Science & Technology Co SHSE:688067 +3.03% 78 Days Payable is 29.58 as of Mar. 2026, which is 3% below its 10-year median of 30.43. GuruFocus rates SHSE:688067 with a GF Score™ of 78/100 and a GF Value™ of ¥24.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 794 Medical Devices & Instruments companies, AVE Science & Technology Co ranks worse than 86.52% on this metric.

AVE Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥7.2 Mil. AVE Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥22.4 Mil. Hence, AVE Science & Technology Co's Days Payable for the three months ended in Mar. 2026 was 29.58.

The historical rank and industry rank for AVE Science & Technology Co's Days Payable or its related term are showing as below:

SHSE:688067' s Days Payable Range Over the Past 10 Years
Min: 19.55   Med: 30.43   Max: 40.66
Current: 29.15

During the past 13 years, AVE Science & Technology Co's highest Days Payable was 40.66. The lowest was 19.55. And the median was 30.43.

SHSE:688067's Days Payable is ranked worse than
86.52% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.85 vs SHSE:688067: 29.15

AVE Science & Technology Co's Days Payable increased from Mar. 2025 (22.72) to Mar. 2026 (29.58). It may suggest that AVE Science & Technology Co delayed paying its suppliers.


AVE Science & Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for AVE Science & 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.

AVE Science & Technology Co Days Payable Chart

AVE Science & 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 33.98 33.47 30.88 24.10 19.55

AVE Science & 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 22.72 24.65 22.00 38.40 29.58

SHSE:688067 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, AVE Science & 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.


AVE Science & Technology Co Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where AVE Science & Technology Co's Days Payable falls into.


SHSE:688067
78GF Score
AVE Science & Technology Co Ltd SHSE:688067
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AVE Science & 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.

AVE Science & 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
=( (4.285 + 5.018) / 2 ) / 86.855*365
=4.6515 / 86.855*365
=19.55

AVE Science & 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
=( (5.018 + 9.479) / 2 ) / 22.362*365 / 4
=7.2485 / 22.362*365 / 4
=29.58

* 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 29.58 mean?
AVE Science & Technology Co (SHSE:688067) has a Days Payable of 29.58 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 AVE Science & Technology Co and its competitors. This is near median its historical median of 30.43. Over the past decade, AVE Science & Technology Co's Days Payable has ranged from 19.55 to 40.66. According to the industry distribution chart, AVE Science & Technology Co ranks #687 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 86.5%.
Is AVE Science & Technology Co's Days Payable too high?
AVE Science & Technology Co's current Days Payable of 29.58 is near median its 10-year median of 30.43. Over the past 10 years, this metric has ranged from a low of 19.55 to a high of 40.66. The Medical Devices & Instruments industry median Days Payable is 67.85. AVE Science & Technology Co's value of 29.58 is 56.4% below this industry median. Based on the distribution chart, AVE Science & Technology Co ranks #687 out of 794 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, AVE Science & Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AVE Science & Technology Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, AVE Science & Technology Co ranks #687 out of 794 companies for Days Payable. This places AVE Science & Technology Co in the lower half of its industry. The industry median Days Payable is 67.85. AVE Science & Technology Co's value of 29.58 is 56.4% below this benchmark. Historically, AVE Science & Technology Co's own Days Payable has ranged from 19.55 to 40.66 over the past decade. While the company's 10-year median is 30.43 vs. the industry median of 67.85, AVE Science & 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. AVE Science & Technology Co's current Days Payable of 29.58 is 56.4% 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 AVE Science & 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. AVE Science & Technology Co's current Days Payable is 29.58, which is near median its own 10-year median of 30.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVE Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, AVE Science & Technology Co (SHSE:688067) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.21, compared to a current price of ¥19.36 — trading 20% below its estimated fair value. The current Days Payable is 29.58, which is near median its 10-year median of 30.43 and 56.4% below the Medical Devices & Instruments industry median of 67.85. AVE Science & Technology Co's overall GF Score™ is 78/100 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 AVE Science & Technology Co (SHSE:688067), the current Days Payable is 29.58 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 AVE Science & Technology Co (SHSE:688067) Overvalued in 2026?

Based on GuruFocus' analysis, AVE Science & Technology Co stock appears to be undervalued. The current stock price of ¥19.36 is trading 20% below its estimated GF Value™ of ¥24.21. GuruFocus considers AVE Science & Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688067:

  • Days Payable: 29.58 (near median its 10-year median of 30.43)
  • GF Value™: ¥24.21 vs. price of ¥19.36 (20% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 56.4% below the Medical Devices & Instruments median (#687 of 794)

No single metric tells the full story. See the SHSE:688067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVE Science & Technology Co Business Description

Address No. 26, Fuling Road, Xueshi Street, Aiwei Medical Technology Park, Yuelu District, Hunan Province, Changsha, CHN, 410208
AVE Science & Technology Co Ltd is engaged in the research and development, production, sales and service of medical clinical laboratory analysis instruments and supporting in vitro diagnostic reagents and medical consumables.
78GF Score

Get the complete analysis for SHSE:688067

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

¥19.36
Price
¥24.21
GF Value