Sino Medical Sciences Technology (SHSE:688108) Days Payable: 69.43 (As of Mar. 2026) — 59% Below Median

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SHSE:688108 Sino Medical Sciences Technology Inc SHSE:688108
80 GF Score
Price ¥15.18
GF Value ¥20.42
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Sino Medical Sciences Technology Days Payable?

Sino Medical Sciences Technology SHSE:688108 -3.25% 80 Days Payable is 69.43 as of Mar. 2026, which is 59% below its 10-year median of 167.53. GuruFocus rates SHSE:688108 with a GF Score™ of 80/100 and a GF Value™ of ¥20.42 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Sino Medical Sciences Technology ranks worse than 56.93% on this metric.

Sino Medical Sciences Technology's average Accounts Payable for the three months ended in Mar. 2026 was ¥32.1 Mil. Sino Medical Sciences Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥42.2 Mil. Hence, Sino Medical Sciences Technology's Days Payable for the three months ended in Mar. 2026 was 69.43.

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

SHSE:688108' s Days Payable Range Over the Past 10 Years
Min: 51.22   Med: 167.53   Max: 231.06
Current: 61.24

During the past 10 years, Sino Medical Sciences Technology's highest Days Payable was 231.06. The lowest was 51.22. And the median was 167.53.

SHSE:688108's Days Payable is ranked worse than
56.93% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.85 vs SHSE:688108: 61.24

Sino Medical Sciences Technology's Days Payable increased from Mar. 2025 (47.38) to Mar. 2026 (69.43). It may suggest that Sino Medical Sciences Technology delayed paying its suppliers.


Sino Medical Sciences Technology Days Payable Related Terms


Sino Medical Sciences Technology Days Payable Historical Data

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The historical data trend for Sino Medical Sciences Technology'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.

Sino Medical Sciences Technology Days Payable Chart

Sino Medical Sciences Technology 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 231.06 132.87 73.14 51.22 55.55

Sino Medical Sciences Technology 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 47.38 45.26 78.33 63.11 69.43

SHSE:688108 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Sino Medical Sciences Technology'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.


Sino Medical Sciences Technology Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Sino Medical Sciences Technology's Days Payable falls into.


SHSE:688108
80GF Score
Sino Medical Sciences Technology Inc SHSE:688108
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sino Medical Sciences Technology 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.

Sino Medical Sciences Technology'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
=( (20.833 + 33.034) / 2 ) / 176.985*365
=26.9335 / 176.985*365
=55.55

Sino Medical Sciences Technology'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
=( (33.034 + 31.156) / 2 ) / 42.18*365 / 4
=32.095 / 42.18*365 / 4
=69.43

* 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 69.43 mean?
Sino Medical Sciences Technology (SHSE:688108) has a Days Payable of 69.43 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 Sino Medical Sciences Technology and its competitors. This is 59% below median its historical median of 167.53. Over the past decade, Sino Medical Sciences Technology's Days Payable has ranged from 51.22 to 231.06. According to the industry distribution chart, Sino Medical Sciences Technology ranks #452 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 56.9%.
Is Sino Medical Sciences Technology's Days Payable too high?
Sino Medical Sciences Technology's current Days Payable of 69.43 is 59% below median its 10-year median of 167.53. Over the past 10 years, this metric has ranged from a low of 51.22 to a high of 231.06. The Medical Devices & Instruments industry median Days Payable is 67.85. Sino Medical Sciences Technology's value of 69.43 is 2.3% above this industry median. Based on the distribution chart, Sino Medical Sciences Technology ranks #452 out of 794 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sino Medical Sciences Technology has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sino Medical Sciences Technology's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sino Medical Sciences Technology ranks #452 out of 794 companies for Days Payable. This places Sino Medical Sciences Technology in the lower half of its industry. The industry median Days Payable is 67.85. Sino Medical Sciences Technology's value of 69.43 is 2.3% above this benchmark. Historically, Sino Medical Sciences Technology's own Days Payable has ranged from 51.22 to 231.06 over the past decade. While the company's 10-year median is 167.53 vs. the industry median of 67.85, Sino Medical Sciences Technology 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 67.85, 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. Sino Medical Sciences Technology's current Days Payable of 69.43 is 2.3% 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 Sino Medical Sciences Technology 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. Sino Medical Sciences Technology's current Days Payable is 69.43, which is 59% below median its own 10-year median of 167.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Medical Sciences Technology stock overvalued right now?
Based on GuruFocus' analysis, Sino Medical Sciences Technology (SHSE:688108) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.42, compared to a current price of ¥15.18 — trading 25.7% below its estimated fair value. The current Days Payable is 69.43, which is 59% below median its 10-year median of 167.53 and 2.3% above the Medical Devices & Instruments industry median of 67.85. Sino Medical Sciences Technology's overall GF Score™ is 80/100 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 Sino Medical Sciences Technology (SHSE:688108), the current Days Payable is 69.43 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 Sino Medical Sciences Technology (SHSE:688108) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Medical Sciences Technology stock appears to be undervalued. The current stock price of ¥15.18 is trading 25.7% below its estimated GF Value™ of ¥20.42. GuruFocus considers Sino Medical Sciences Technology to be Modestly Undervalued.

Key valuation signals for SHSE:688108:

  • Days Payable: 69.43 (59% below median its 10-year median of 167.53)
  • GF Value™: ¥20.42 vs. price of ¥15.18 (25.7% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 2.3% above the Medical Devices & Instruments median (#452 of 794)

No single metric tells the full story. See the SHSE:688108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino Medical Sciences Technology Business Description

Address TEDA Biomedical Research and Development Building, No. 5, Fourth Avenue, Tianjin Development Zone, 2nd Floor, Zone B, Tianjin, CHN, 300457
Sino Medical Sciences Technology Inc is a China based company engaged in the research, development, production and sales of high-end interventional medical devices.
80GF Score

Get the complete analysis for SHSE:688108

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

¥15.18
Price
¥20.42
GF Value