Shanghai Rightongene Biotechnology Co (SHSE:688217) Days Payable: 140.86 (As of Mar. 2026) — 41% Above 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:688217 Shanghai Rightongene Biotechnology Co Ltd SHSE:688217
62 GF Score
Price ¥24.70
GF Value ¥15.00
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Shanghai Rightongene Biotechnology Co Days Payable?

Shanghai Rightongene Biotechnology Co SHSE:688217 +2.96% 62 Days Payable is 140.86 as of Mar. 2026, which is 41% above its 10-year median of 100.13. GuruFocus rates SHSE:688217 with a GF Score™ of 62/100 and a GF Value™ of ¥15.00 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 704 Biotechnology companies, Shanghai Rightongene Biotechnology Co ranks better than 50.71% on this metric.

Shanghai Rightongene Biotechnology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥12.0 Mil. Shanghai Rightongene Biotechnology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥7.8 Mil. Hence, Shanghai Rightongene Biotechnology Co's Days Payable for the three months ended in Mar. 2026 was 140.86.

The historical rank and industry rank for Shanghai Rightongene Biotechnology Co's Days Payable or its related term are showing as below:

SHSE:688217' s Days Payable Range Over the Past 10 Years
Min: 54.86   Med: 100.13   Max: 223.98
Current: 114.75

During the past 9 years, Shanghai Rightongene Biotechnology Co's highest Days Payable was 223.98. The lowest was 54.86. And the median was 100.13.

SHSE:688217's Days Payable is ranked better than
50.71% of 704 companies
in the Biotechnology industry
Industry Median: 112.715 vs SHSE:688217: 114.75

Shanghai Rightongene Biotechnology Co's Days Payable increased from Mar. 2025 (117.51) to Mar. 2026 (140.86). It may suggest that Shanghai Rightongene Biotechnology Co delayed paying its suppliers.


Shanghai Rightongene Biotechnology Co Days Payable Related Terms


Shanghai Rightongene Biotechnology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Rightongene Biotechnology 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.

Shanghai Rightongene Biotechnology Co Days Payable Chart

Shanghai Rightongene Biotechnology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 54.86 68.43 172.93 75.80 100.13

Shanghai Rightongene Biotechnology 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 117.51 79.45 109.11 150.71 140.86

SHSE:688217 vs VRTX, REGN, RVMD: Days Payable Comparison

For the Biotechnology subindustry, Shanghai Rightongene Biotechnology 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 Rightongene Biotechnology Co Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Rightongene Biotechnology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Rightongene Biotechnology Co's Days Payable falls into.


SHSE:688217
62GF Score
Shanghai Rightongene Biotechnology Co Ltd SHSE:688217
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Rightongene Biotechnology 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.

Shanghai Rightongene Biotechnology 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
=( (11.269 + 12.676) / 2 ) / 43.641*365
=11.9725 / 43.641*365
=100.13

Shanghai Rightongene Biotechnology 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
=( (12.676 + 11.278) / 2 ) / 7.759*365 / 4
=11.977 / 7.759*365 / 4
=140.86

* 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 140.86 mean?
Shanghai Rightongene Biotechnology Co (SHSE:688217) has a Days Payable of 140.86 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 Rightongene Biotechnology Co and its competitors. This is 41% above median its historical median of 100.13. Over the past decade, Shanghai Rightongene Biotechnology Co's Days Payable has ranged from 54.86 to 223.98. According to the industry distribution chart, Shanghai Rightongene Biotechnology Co ranks #347 out of 704 companies in the Biotechnology industry, placing it in the top 49.3%.
Is Shanghai Rightongene Biotechnology Co's Days Payable too high?
Shanghai Rightongene Biotechnology Co's current Days Payable of 140.86 is 41% above median its 10-year median of 100.13. Over the past 10 years, this metric has ranged from a low of 54.86 to a high of 223.98. The Biotechnology industry median Days Payable is 112.72. Shanghai Rightongene Biotechnology Co's value of 140.86 is 25% above this industry median. Based on the distribution chart, Shanghai Rightongene Biotechnology Co ranks #347 out of 704 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Shanghai Rightongene Biotechnology Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Rightongene Biotechnology Co's Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shanghai Rightongene Biotechnology Co ranks #347 out of 704 companies for Days Payable. This puts Shanghai Rightongene Biotechnology Co in the upper half of its industry. The industry median Days Payable is 112.72. Shanghai Rightongene Biotechnology Co's value of 140.86 is 25% above this benchmark. Historically, Shanghai Rightongene Biotechnology Co's own Days Payable has ranged from 54.86 to 223.98 over the past decade. While the company's 10-year median is 100.13 vs. the industry median of 112.72, Shanghai Rightongene Biotechnology 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 112.72, based on 704 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 Rightongene Biotechnology Co's current Days Payable of 140.86 is 25% 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 Rightongene Biotechnology Co and its competitors. For the Biotechnology industry, the median Days Payable is 112.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Rightongene Biotechnology Co's current Days Payable is 140.86, which is 41% above median its own 10-year median of 100.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Rightongene Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Rightongene Biotechnology Co (SHSE:688217) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.00, compared to a current price of ¥24.70 — trading 64.7% above its estimated fair value. The current Days Payable is 140.86, which is 41% above median its 10-year median of 100.13 and 25% above the Biotechnology industry median of 112.72. Shanghai Rightongene Biotechnology Co's overall GF Score™ is 62/100 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 Shanghai Rightongene Biotechnology Co (SHSE:688217), the current Days Payable is 140.86 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 Rightongene Biotechnology Co (SHSE:688217) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Rightongene Biotechnology Co stock appears to be overvalued. The current stock price of ¥24.70 is trading 64.7% above its estimated GF Value™ of ¥15.00. GuruFocus considers Shanghai Rightongene Biotechnology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688217:

  • Days Payable: 140.86 (41% above median its 10-year median of 100.13)
  • GF Value™: ¥15.00 vs. price of ¥24.70 (64.7% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 25% above the Biotechnology median (#347 of 704)

No single metric tells the full story. See the SHSE:688217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Rightongene Biotechnology Co Business Description

Address No. 6055, Jinhai Road, Building 3, Fengxian District, Shanghai, CHN, 201499
Shanghai Rightongene Biotechnology Co Ltd is engaged in the research and development, production, sales, scientific research and testing services of in vitro diagnostic products.
62GF Score

Get the complete analysis for SHSE:688217

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

¥24.70
Price
¥15.00
GF Value