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* 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.
Innovita Biological Technology Co Days Payable Chart
SHSE:688253 vs VRTX, REGN, ALNY: Days Payable Comparison
For the Biotechnology subindustry, Innovita Biological 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.
Innovita Biological Technology Co Days Payable vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Innovita Biological Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Innovita Biological Technology Co's Days Payable falls into.
Innovita Biological 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.
* 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.
Innovita Biological Technology Co (SHSE:688253) has a Days Payable of 246.65 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 Innovita Biological Technology Co and its competitors. This is 14% above median its historical median of 216.22. Over the past decade, Innovita Biological Technology Co's Days Payable has ranged from 95.27 to 341.77. According to the industry distribution chart, Innovita Biological Technology Co ranks #191 out of 701 companies in the Biotechnology industry, placing it in the top 27.2%.
Is Innovita Biological Technology Co's Days Payable too high?
Innovita Biological Technology Co's current Days Payable of 246.65 is 14% above median its 10-year median of 216.22. Over the past 10 years, this metric has ranged from a low of 95.27 to a high of 341.77. The Biotechnology industry median Days Payable is 112.84. Innovita Biological Technology Co's value of 246.65 is 118.6% above this industry median. Based on the distribution chart, Innovita Biological Technology Co ranks #191 out of 701 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Innovita Biological Technology Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovita Biological Technology Co's Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Innovita Biological Technology Co ranks #191 out of 701 companies for Days Payable. This puts Innovita Biological Technology Co in the upper half of its industry. The industry median Days Payable is 112.84. Innovita Biological Technology Co's value of 246.65 is 118.6% above this benchmark. Historically, Innovita Biological Technology Co's own Days Payable has ranged from 95.27 to 341.77 over the past decade. While the company's 10-year median is 216.22 vs. the industry median of 112.84, Innovita Biological Technology 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 112.84, 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. Innovita Biological Technology Co's current Days Payable of 246.65 is 118.6% 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 Innovita Biological Technology Co 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. Innovita Biological Technology Co's current Days Payable is 246.65, which is 14% above median its own 10-year median of 216.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovita Biological Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Innovita Biological Technology Co (SHSE:688253) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.48, compared to a current price of ¥54.13 — trading 164.3% above its estimated fair value. The current Days Payable is 246.65, which is 14% above median its 10-year median of 216.22 and 118.6% above the Biotechnology industry median of 112.84. Innovita Biological Technology Co's overall GF Score™ is 61/100 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 Innovita Biological Technology Co (SHSE:688253), the current Days Payable is 246.65 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 Innovita Biological Technology Co (SHSE:688253) Overvalued in 2026?
Based on GuruFocus' analysis, Innovita Biological Technology Co stock appears to be overvalued.
The current stock price of ¥54.13 is trading 164.3% above its estimated GF Value™ of ¥20.48.
GuruFocus considers Innovita Biological Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688253:
Days Payable: 246.65 (14% above median its 10-year median of 216.22)
GF Value™: ¥20.48 vs. price of ¥54.13 (164.3% above fair value)
Industry Position: 118.6% above the Biotechnology median (#191 of 701)
No single metric tells the full story. See the SHSE:688253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovita Biological Technology Co Business Description
Innovita Biological Technology Co Ltd is a biotechnology company focusing on the research and development, production, and sales of POCT in vitro diagnostic products.
61GF Score
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