Suzhou Iron Technology Co (SHSE:688329) Days Payable: 219.99 (As of Jun. 2026) — 16% Below Median

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SHSE:688329 Suzhou Iron Technology Co Ltd SHSE:688329
79 GF Score
Price ¥20.76
GF Value ¥22.51
Valuation Fairly Valued
! 8 Warning Signs
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What is Suzhou Iron Technology Co Days Payable?

Suzhou Iron Technology Co SHSE:688329 -2.67% 79 Days Payable is 219.99 as of Jun. 2026, which is 16% below its 10-year median of 261.26. GuruFocus rates SHSE:688329 with a GF Score™ of 79/100 and a GF Value™ of ¥22.51 (Fairly Valued). The stock has 8 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Suzhou Iron Technology Co ranks better than 89.18% on this metric.

Suzhou Iron Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥202.6 Mil. Suzhou Iron Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥84.1 Mil. Hence, Suzhou Iron Technology Co's Days Payable for the three months ended in Jun. 2026 was 219.99.

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

SHSE:688329' s Days Payable Range Over the Past 10 Years
Min: 147.03   Med: 261.26   Max: 355.45
Current: 278.83

During the past 10 years, Suzhou Iron Technology Co's highest Days Payable was 355.45. The lowest was 147.03. And the median was 261.26.

SHSE:688329's Days Payable is ranked better than
89.18% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.6 vs SHSE:688329: 278.83

Suzhou Iron Technology Co's Days Payable declined from Jun. 2025 (350.66) to Jun. 2026 (219.99). It may suggest that Suzhou Iron Technology Co accelerated paying its suppliers.


Suzhou Iron Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Suzhou Iron 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.

Suzhou Iron Technology Co Days Payable Chart

Suzhou Iron 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 298.83 250.14 355.45 343.23 302.52

Suzhou Iron Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 350.66 222.34 257.29 721.97 219.99

SHSE:688329 vs ISRG, BDX, RMD: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Suzhou Iron 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.


Suzhou Iron Technology Co Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Suzhou Iron Technology Co's Days Payable falls into.


SHSE:688329
79GF Score
Suzhou Iron Technology Co Ltd SHSE:688329
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Suzhou Iron 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.

Suzhou Iron 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
=( (159.407 + 212.326) / 2 ) / 224.257*365
=185.8665 / 224.257*365
=302.52

Suzhou Iron Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (192.894 + 212.398) / 2 ) / 84.057*365 / 4
=202.646 / 84.057*365 / 4
=219.99

* 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 219.99 mean?
Suzhou Iron Technology Co (SHSE:688329) has a Days Payable of 219.99 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Suzhou Iron Technology Co and its competitors. This is 16% below median its historical median of 261.26. Over the past decade, Suzhou Iron Technology Co's Days Payable has ranged from 147.03 to 355.45. According to the industry distribution chart, Suzhou Iron Technology Co ranks #86 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 10.8%.
Is Suzhou Iron Technology Co's Days Payable too high?
Suzhou Iron Technology Co's current Days Payable of 219.99 is 16% below median its 10-year median of 261.26. Over the past 10 years, this metric has ranged from a low of 147.03 to a high of 355.45. The Medical Devices & Instruments industry median Days Payable is 68.60. Suzhou Iron Technology Co's value of 219.99 is 220.7% above this industry median. Based on the distribution chart, Suzhou Iron Technology Co ranks #86 out of 795 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Iron Technology Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Iron Technology Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Suzhou Iron Technology Co ranks #86 out of 795 companies for Days Payable. This places Suzhou Iron Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 68.60. Suzhou Iron Technology Co's value of 219.99 is 220.7% above this benchmark. Historically, Suzhou Iron Technology Co's own Days Payable has ranged from 147.03 to 355.45 over the past decade. While the company's 10-year median is 261.26 vs. the industry median of 68.60, Suzhou Iron 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.60, based on 795 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. Suzhou Iron Technology Co's current Days Payable of 219.99 is 220.7% 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 Suzhou Iron Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Iron Technology Co's current Days Payable is 219.99, which is 16% below median its own 10-year median of 261.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Iron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Iron Technology Co (SHSE:688329) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.51, compared to a current price of ¥20.76 — trading 7.8% below its estimated fair value. The current Days Payable is 219.99, which is 16% below median its 10-year median of 261.26 and 220.7% above the Medical Devices & Instruments industry median of 68.60. Suzhou Iron Technology Co's overall GF Score™ is 79/100 with 8 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 Suzhou Iron Technology Co (SHSE:688329), the current Days Payable is 219.99 as of Jun. 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 Suzhou Iron Technology Co (SHSE:688329) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Iron Technology Co stock appears to be undervalued. The current stock price of ¥20.76 is trading 7.8% below its estimated GF Value™ of ¥22.51. GuruFocus considers Suzhou Iron Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688329:

  • Days Payable: 219.99 (16% below median its 10-year median of 261.26)
  • GF Value™: ¥22.51 vs. price of ¥20.76 (7.8% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 220.7% above the Medical Devices & Instruments median (#86 of 795)

No single metric tells the full story. See the SHSE:688329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Iron Technology Co Business Description

Address No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002
Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.
79GF Score

Get the complete analysis for SHSE:688329

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

¥20.76
Price
¥22.51
GF Value