Jiangsu Cowin Biotech Co (SHSE:688426) Days Payable: 60.85 (As of Mar. 2026) — Near Median

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SHSE:688426 Jiangsu Cowin Biotech Co Ltd SHSE:688426
63 GF Score
Price ¥15.30
GF Value ¥29.27
Valuation Possible Value Trap
! 2 Warning Signs
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What is Jiangsu Cowin Biotech Co Days Payable?

Jiangsu Cowin Biotech Co SHSE:688426 +2.34% 63 Days Payable is 60.85 as of Mar. 2026, which is 6% below its 10-year median of 64.81. GuruFocus rates SHSE:688426 with a GF Score™ of 63/100 and a GF Value™ of ¥29.27 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 702 Biotechnology companies, Jiangsu Cowin Biotech Co ranks worse than 59.4% on this metric.

Jiangsu Cowin Biotech Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥20.8 Mil. Jiangsu Cowin Biotech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥31.2 Mil. Hence, Jiangsu Cowin Biotech Co's Days Payable for the three months ended in Mar. 2026 was 60.85.

The historical rank and industry rank for Jiangsu Cowin Biotech Co's Days Payable or its related term are showing as below:

SHSE:688426' s Days Payable Range Over the Past 10 Years
Min: 34.59   Med: 64.81   Max: 275.8
Current: 68.29

During the past 8 years, Jiangsu Cowin Biotech Co's highest Days Payable was 275.80. The lowest was 34.59. And the median was 64.81.

SHSE:688426's Days Payable is ranked worse than
59.4% of 702 companies
in the Biotechnology industry
Industry Median: 113.1 vs SHSE:688426: 68.29

Jiangsu Cowin Biotech Co's Days Payable declined from Mar. 2025 (118.21) to Mar. 2026 (60.85). It may suggest that Jiangsu Cowin Biotech Co accelerated paying its suppliers.


Jiangsu Cowin Biotech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Cowin Biotech 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.

Jiangsu Cowin Biotech Co Days Payable Chart

Jiangsu Cowin Biotech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 46.86 71.89 275.80 261.17 88.53

Jiangsu Cowin Biotech 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 118.21 96.70 70.84 53.53 60.85

SHSE:688426 vs VRTX, REGN, RVMD: Days Payable Comparison

For the Biotechnology subindustry, Jiangsu Cowin Biotech 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.


Jiangsu Cowin Biotech Co Days Payable vs Biotechnology Industry

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

* The bar in red indicates where Jiangsu Cowin Biotech Co's Days Payable falls into.


SHSE:688426
63GF Score
Jiangsu Cowin Biotech Co Ltd SHSE:688426
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Cowin Biotech 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.

Jiangsu Cowin Biotech 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
=( (31.857 + 19.391) / 2 ) / 105.647*365
=25.624 / 105.647*365
=88.53

Jiangsu Cowin Biotech 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
=( (19.391 + 22.175) / 2 ) / 31.165*365 / 4
=20.783 / 31.165*365 / 4
=60.85

* 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 60.85 mean?
Jiangsu Cowin Biotech Co (SHSE:688426) has a Days Payable of 60.85 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 Jiangsu Cowin Biotech Co and its competitors. This is near median its historical median of 64.81. Over the past decade, Jiangsu Cowin Biotech Co's Days Payable has ranged from 34.59 to 275.80. According to the industry distribution chart, Jiangsu Cowin Biotech Co ranks #417 out of 702 companies in the Biotechnology industry, placing it in the top 59.4%.
Is Jiangsu Cowin Biotech Co's Days Payable too high?
Jiangsu Cowin Biotech Co's current Days Payable of 60.85 is near median its 10-year median of 64.81. Over the past 10 years, this metric has ranged from a low of 34.59 to a high of 275.80. The Biotechnology industry median Days Payable is 113.10. Jiangsu Cowin Biotech Co's value of 60.85 is 46.2% below this industry median. Based on the distribution chart, Jiangsu Cowin Biotech Co ranks #417 out of 702 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Jiangsu Cowin Biotech Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Cowin Biotech Co's Days Payable compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Jiangsu Cowin Biotech Co ranks #417 out of 702 companies for Days Payable. This places Jiangsu Cowin Biotech Co in the lower half of its industry. The industry median Days Payable is 113.10. Jiangsu Cowin Biotech Co's value of 60.85 is 46.2% below this benchmark. Historically, Jiangsu Cowin Biotech Co's own Days Payable has ranged from 34.59 to 275.80 over the past decade. While the company's 10-year median is 64.81 vs. the industry median of 113.10, Jiangsu Cowin Biotech Co has consistently been below 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 113.10, based on 702 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. Jiangsu Cowin Biotech Co's current Days Payable of 60.85 is 46.2% below 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 Jiangsu Cowin Biotech Co and its competitors. For the Biotechnology industry, the median Days Payable is 113.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Cowin Biotech Co's current Days Payable is 60.85, which is near median its own 10-year median of 64.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Cowin Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Cowin Biotech Co (SHSE:688426) is currently considered Possible Value Trap. The stock's GF Value™ is ¥29.27, compared to a current price of ¥15.30 — trading 47.7% below its estimated fair value. The current Days Payable is 60.85, which is near median its 10-year median of 64.81 and 46.2% below the Biotechnology industry median of 113.10. Jiangsu Cowin Biotech Co's overall GF Score™ is 63/100 with 2 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 Jiangsu Cowin Biotech Co (SHSE:688426), the current Days Payable is 60.85 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 Jiangsu Cowin Biotech Co (SHSE:688426) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Cowin Biotech Co stock appears to be undervalued. The current stock price of ¥15.30 is trading 47.7% below its estimated GF Value™ of ¥29.27. GuruFocus considers Jiangsu Cowin Biotech Co to be Possible Value Trap.

Key valuation signals for SHSE:688426:

  • Days Payable: 60.85 (near median its 10-year median of 64.81)
  • GF Value™: ¥29.27 vs. price of ¥15.30 (47.7% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 46.2% below the Biotechnology median (#417 of 702)

No single metric tells the full story. See the SHSE:688426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Cowin Biotech Co Business Description

Address No. 1 Yaocheng Avenue, 4th Floor, TQB Building, Jiangsu Province, Taizhou, CHN, 225300
Jiangsu Cowin Biotech Co Ltd is a national high-tech enterprise with independent intellectual property rights based in the field of life sciences. It provides innovative biological products and services to in vitro diagnostic users. The product line mainly includes molecular diagnostic raw materials enzymes, nucleic acid collection and protection agents, nucleic acid extraction kits, molecular diagnostic detection reagents and others.
63GF Score

Get the complete analysis for SHSE:688426

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

¥15.30
Price
¥29.27
GF Value