Shanghai Obio Technology (Group) (SHSE:688238) Days Payable: 116.66 (As of Mar. 2026) — 47% Below Median


SHSE:688238 Shanghai Obio Technology (Group) Corp Ltd SHSE:688238
66 GF Score
Price ¥6.59
GF Value ¥7.83
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shanghai Obio Technology (Group) Days Payable?

Shanghai Obio Technology (Group) SHSE:688238 -1.79% 66 Days Payable is 116.66 as of Mar. 2026, which is 47% below its 10-year median of 220.06. GuruFocus rates SHSE:688238 with a GF Score™ of 66/100 and a GF Value™ of ¥7.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 701 Biotechnology companies, Shanghai Obio Technology (Group) ranks better than 52.35% on this metric.

Shanghai Obio Technology (Group)'s average Accounts Payable for the three months ended in Mar. 2026 was ¥80.0 Mil. Shanghai Obio Technology (Group)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ¥62.6 Mil. Hence, Shanghai Obio Technology (Group)'s Days Payable for the three months ended in Mar. 2026 was 116.66.

The historical rank and industry rank for Shanghai Obio Technology (Group)'s Days Payable or its related term are showing as below:

SHSE:688238' s Days Payable Range Over the Past 10 Years
Min: 96   Med: 220.06   Max: 413.24
Current: 121.06

During the past 12 years, Shanghai Obio Technology (Group)'s highest Days Payable was 413.24. The lowest was 96.00. And the median was 220.06.

SHSE:688238's Days Payable is ranked better than
52.35% of 701 companies
in the Biotechnology industry
Industry Median: 112.84 vs SHSE:688238: 121.06

Shanghai Obio Technology (Group)'s Days Payable declined from Mar. 2025 (189.78) to Mar. 2026 (116.66). It may suggest that Shanghai Obio Technology (Group) accelerated paying its suppliers.


Shanghai Obio Technology (Group) Days Payable Related Terms


Shanghai Obio Technology (Group) Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Obio Technology (Group)'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 Obio Technology (Group) Days Payable Chart

Shanghai Obio Technology (Group) 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 96.00 190.37 291.30 219.51 165.56

Shanghai Obio Technology (Group) 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 189.78 159.19 133.60 95.78 116.66

SHSE:688238 vs VRTX, REGN, ALNY: Days Payable Comparison

For the Biotechnology subindustry, Shanghai Obio Technology (Group)'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 Obio Technology (Group) Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Obio Technology (Group)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Obio Technology (Group)'s Days Payable falls into.


SHSE:688238
66GF Score
Shanghai Obio Technology (Group) Corp Ltd SHSE:688238
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Obio Technology (Group) 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 Obio Technology (Group)'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
=( (182.816 + 95.296) / 2 ) / 306.57*365
=139.056 / 306.57*365
=165.56

Shanghai Obio Technology (Group)'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
=( (95.296 + 64.746) / 2 ) / 62.592*365 / 4
=80.021 / 62.592*365 / 4
=116.66

* 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 116.66 mean?
Shanghai Obio Technology (Group) (SHSE:688238) has a Days Payable of 116.66 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 Shanghai Obio Technology (Group) and its competitors. This is 47% below median its historical median of 220.06. Over the past decade, Shanghai Obio Technology (Group)'s Days Payable has ranged from 96.00 to 413.24. According to the industry distribution chart, Shanghai Obio Technology (Group) ranks #334 out of 701 companies in the Biotechnology industry, placing it in the top 47.6%.
Is Shanghai Obio Technology (Group)'s Days Payable too high?
Shanghai Obio Technology (Group)'s current Days Payable of 116.66 is 47% below median its 10-year median of 220.06. Over the past 10 years, this metric has ranged from a low of 96.00 to a high of 413.24. The Biotechnology industry median Days Payable is 112.84. Shanghai Obio Technology (Group)'s value of 116.66 is 3.4% above this industry median. Based on the distribution chart, Shanghai Obio Technology (Group) ranks #334 out of 701 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Shanghai Obio Technology (Group) has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Obio Technology (Group)'s Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shanghai Obio Technology (Group) ranks #334 out of 701 companies for Days Payable. This puts Shanghai Obio Technology (Group) in the upper half of its industry. The industry median Days Payable is 112.84. Shanghai Obio Technology (Group)'s value of 116.66 is 3.4% above this benchmark. Historically, Shanghai Obio Technology (Group)'s own Days Payable has ranged from 96.00 to 413.24 over the past decade. While the company's 10-year median is 220.06 vs. the industry median of 112.84, Shanghai Obio Technology (Group) 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 112.84, based on 701 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 Obio Technology (Group)'s current Days Payable of 116.66 is 3.4% 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 Obio Technology (Group) and its competitors. For the Biotechnology industry, the median Days Payable is 112.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Obio Technology (Group)'s current Days Payable is 116.66, which is 47% below median its own 10-year median of 220.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Obio Technology (Group) stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Obio Technology (Group) (SHSE:688238) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.83, compared to a current price of ¥6.59 — trading 15.8% below its estimated fair value. The current Days Payable is 116.66, which is 47% below median its 10-year median of 220.06 and 3.4% above the Biotechnology industry median of 112.84. Shanghai Obio Technology (Group)'s overall GF Score™ is 66/100 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 Shanghai Obio Technology (Group) (SHSE:688238), the current Days Payable is 116.66 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 Shanghai Obio Technology (Group) (SHSE:688238) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Obio Technology (Group) stock appears to be undervalued. The current stock price of ¥6.59 is trading 15.8% below its estimated GF Value™ of ¥7.83. GuruFocus considers Shanghai Obio Technology (Group) to be Modestly Undervalued.

Key valuation signals for SHSE:688238:

  • Days Payable: 116.66 (47% below median its 10-year median of 220.06)
  • GF Value™: ¥7.83 vs. price of ¥6.59 (15.8% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 3.4% above the Biotechnology median (#334 of 701)

No single metric tells the full story. See the SHSE:688238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Obio Technology (Group) Business Description

Address Lane 908, Ziping Road, Building 19, International Medical Park, Pudong New Area, Shanghai, CHN, 201318
Shanghai Obio Technology (Group) Corp Ltd provides contract research organization (CRO) services, including gene therapy vector development and gene function research for basic research, as well as contract development and manufacturing organization (CDMO) services, including IND-enabling CMC research and GMP production of clinical samples for gene therapy drug development.
66GF Score

Get the complete analysis for SHSE:688238

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

¥6.59
Price
¥7.83
GF Value