SWS Hemodialysis Care Co (SHSE:688410) Days Payable: 199.00 (As of Mar. 2026) — 134% 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:688410 SWS Hemodialysis Care Co Ltd SHSE:688410
88 GF Score
Price ¥10.59
GF Value ¥15.44
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is SWS Hemodialysis Care Co Days Payable?

SWS Hemodialysis Care Co SHSE:688410 +0.38% 88 Days Payable is 199.00 as of Mar. 2026, which is 134% above its 10-year median of 85.11. GuruFocus rates SHSE:688410 with a GF Score™ of 88/100 and a GF Value™ of ¥15.44 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 794 Medical Devices & Instruments companies, SWS Hemodialysis Care Co ranks better than 77.71% on this metric.

SWS Hemodialysis Care Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥224.8 Mil. SWS Hemodialysis Care Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥103.1 Mil. Hence, SWS Hemodialysis Care Co's Days Payable for the three months ended in Mar. 2026 was 199.00.

The historical rank and industry rank for SWS Hemodialysis Care Co's Days Payable or its related term are showing as below:

SHSE:688410' s Days Payable Range Over the Past 10 Years
Min: 50.88   Med: 85.11   Max: 147.91
Current: 147.91

During the past 12 years, SWS Hemodialysis Care Co's highest Days Payable was 147.91. The lowest was 50.88. And the median was 85.11.

SHSE:688410's Days Payable is ranked better than
77.71% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.97 vs SHSE:688410: 147.91

SWS Hemodialysis Care Co's Days Payable increased from Mar. 2025 (92.29) to Mar. 2026 (199.00). It may suggest that SWS Hemodialysis Care Co delayed paying its suppliers.


SWS Hemodialysis Care Co Days Payable Historical Data

* Premium members only.

The historical data trend for SWS Hemodialysis Care 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.

SWS Hemodialysis Care Co Days Payable Chart

SWS Hemodialysis Care 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 59.14 95.92 65.56 77.79 142.08

SWS Hemodialysis Care 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 92.29 121.95 103.87 161.40 199.00

SHSE:688410 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, SWS Hemodialysis Care 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.


SWS Hemodialysis Care Co Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SWS Hemodialysis Care Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SWS Hemodialysis Care Co's Days Payable falls into.


SHSE:688410
88GF Score
SWS Hemodialysis Care Co Ltd SHSE:688410
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SWS Hemodialysis Care 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.

SWS Hemodialysis Care 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
=( (94.818 + 217.82) / 2 ) / 401.589*365
=156.319 / 401.589*365
=142.08

SWS Hemodialysis Care 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
=( (217.82 + 231.811) / 2 ) / 103.086*365 / 4
=224.8155 / 103.086*365 / 4
=199.00

* 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 199.00 mean?
SWS Hemodialysis Care Co (SHSE:688410) has a Days Payable of 199.00 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 SWS Hemodialysis Care Co and its competitors. This is 134% above median its historical median of 85.11. Over the past decade, SWS Hemodialysis Care Co's Days Payable has ranged from 50.88 to 147.91. According to the industry distribution chart, SWS Hemodialysis Care Co ranks #177 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 22.3%.
Is SWS Hemodialysis Care Co's Days Payable too high?
SWS Hemodialysis Care Co's current Days Payable of 199.00 is 134% above median its 10-year median of 85.11. Over the past 10 years, this metric has ranged from a low of 50.88 to a high of 147.91. The Medical Devices & Instruments industry median Days Payable is 67.97. SWS Hemodialysis Care Co's value of 199.00 is 192.8% above this industry median. Based on the distribution chart, SWS Hemodialysis Care Co ranks #177 out of 794 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, SWS Hemodialysis Care Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SWS Hemodialysis Care Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, SWS Hemodialysis Care Co ranks #177 out of 794 companies for Days Payable. This places SWS Hemodialysis Care Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.97. SWS Hemodialysis Care Co's value of 199.00 is 192.8% above this benchmark. Historically, SWS Hemodialysis Care Co's own Days Payable has ranged from 50.88 to 147.91 over the past decade. While the company's 10-year median is 85.11 vs. the industry median of 67.97, SWS Hemodialysis Care 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 67.97, 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. SWS Hemodialysis Care Co's current Days Payable of 199.00 is 192.8% 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 SWS Hemodialysis Care Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SWS Hemodialysis Care Co's current Days Payable is 199.00, which is 134% above median its own 10-year median of 85.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWS Hemodialysis Care Co stock overvalued right now?
Based on GuruFocus' analysis, SWS Hemodialysis Care Co (SHSE:688410) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥15.44, compared to a current price of ¥10.59 — trading 31.4% below its estimated fair value. The current Days Payable is 199.00, which is 134% above median its 10-year median of 85.11 and 192.8% above the Medical Devices & Instruments industry median of 67.97. SWS Hemodialysis Care Co's overall GF Score™ is 88/100 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 SWS Hemodialysis Care Co (SHSE:688410), the current Days Payable is 199.00 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 SWS Hemodialysis Care Co (SHSE:688410) Overvalued in 2026?

Based on GuruFocus' analysis, SWS Hemodialysis Care Co stock appears to be undervalued. The current stock price of ¥10.59 is trading 31.4% below its estimated GF Value™ of ¥15.44. GuruFocus considers SWS Hemodialysis Care Co to be Significantly Undervalued.

Key valuation signals for SHSE:688410:

  • Days Payable: 199.00 (134% above median its 10-year median of 85.11)
  • GF Value™: ¥15.44 vs. price of ¥10.59 (31.4% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 192.8% above the Medical Devices & Instruments median (#177 of 794)

No single metric tells the full story. See the SHSE:688410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SWS Hemodialysis Care Co Business Description

Address No. 1, Ciji Road, Liangjiang New District, Chongqing, CHN, 401123
SWS Hemodialysis Care Co Ltd along with its subsidiaries is engaged in the field of blood purification. Its focused on patients welfare and ensuring the delivery of safe and effective products and services. The group operates through four segments: Blood Purification Equipment, Blood Purification Consumables, advanced Hemodialysis Management System, and Chain Dialysis centers. The organization is delivering medical solutions for patients with chronic kidney disease (CKD). Its products include Blood Purification Equipment Dialysis, Disposables Dialysis Center, Intelligent Management System, and Chain Dialysis centers. SWS is committed to enhancing patient wellness by prioritizing care through advanced integrated blood purification technologies.
88GF Score

Get the complete analysis for SHSE:688410

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

¥10.59
Price
¥15.44
GF Value