Nanjing Vishee Medical Technology Co (SHSE:688580) Days Payable: 45.60 (As of Mar. 2026) — Near Median

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SHSE:688580 Nanjing Vishee Medical Technology Co Ltd SHSE:688580
89 GF Score
Price ¥50.56
GF Value ¥54.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Nanjing Vishee Medical Technology Co Days Payable?

Nanjing Vishee Medical Technology Co SHSE:688580 -13.02% 89 Days Payable is 45.60 as of Mar. 2026, which is 9% below its 10-year median of 49.89. GuruFocus rates SHSE:688580 with a GF Score™ of 89/100 and a GF Value™ of ¥54.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Nanjing Vishee Medical Technology Co ranks worse than 74.31% on this metric.

Nanjing Vishee Medical Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥17.9 Mil. Nanjing Vishee Medical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥35.9 Mil. Hence, Nanjing Vishee Medical Technology Co's Days Payable for the three months ended in Mar. 2026 was 45.60.

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

SHSE:688580' s Days Payable Range Over the Past 10 Years
Min: 32.2   Med: 49.89   Max: 68.47
Current: 42.15

During the past 13 years, Nanjing Vishee Medical Technology Co's highest Days Payable was 68.47. The lowest was 32.20. And the median was 49.89.

SHSE:688580's Days Payable is ranked worse than
74.31% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.97 vs SHSE:688580: 42.15

Nanjing Vishee Medical Technology Co's Days Payable declined from Mar. 2025 (48.31) to Mar. 2026 (45.60). It may suggest that Nanjing Vishee Medical Technology Co accelerated paying its suppliers.


Nanjing Vishee Medical Technology Co Days Payable Related Terms


Nanjing Vishee Medical Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nanjing Vishee Medical 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.

Nanjing Vishee Medical Technology Co Days Payable Chart

Nanjing Vishee Medical 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 32.20 59.78 46.09 49.33 50.44

Nanjing Vishee Medical Technology 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 48.31 42.00 52.80 41.62 45.60

SHSE:688580 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Nanjing Vishee Medical 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.


Nanjing Vishee Medical Technology Co Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Nanjing Vishee Medical Technology Co's Days Payable falls into.


SHSE:688580
89GF Score
Nanjing Vishee Medical Technology Co Ltd SHSE:688580
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Vishee Medical 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.

Nanjing Vishee Medical 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
=( (19.404 + 23.842) / 2 ) / 156.457*365
=21.623 / 156.457*365
=50.44

Nanjing Vishee Medical Technology 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
=( (23.842 + 12.029) / 2 ) / 35.887*365 / 4
=17.9355 / 35.887*365 / 4
=45.60

* 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 45.60 mean?
Nanjing Vishee Medical Technology Co (SHSE:688580) has a Days Payable of 45.60 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 Nanjing Vishee Medical Technology Co and its competitors. This is near median its historical median of 49.89. Over the past decade, Nanjing Vishee Medical Technology Co's Days Payable has ranged from 32.20 to 68.47. According to the industry distribution chart, Nanjing Vishee Medical Technology Co ranks #590 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 74.3%.
Is Nanjing Vishee Medical Technology Co's Days Payable too high?
Nanjing Vishee Medical Technology Co's current Days Payable of 45.60 is near median its 10-year median of 49.89. Over the past 10 years, this metric has ranged from a low of 32.20 to a high of 68.47. The Medical Devices & Instruments industry median Days Payable is 67.97. Nanjing Vishee Medical Technology Co's value of 45.60 is 32.9% below this industry median. Based on the distribution chart, Nanjing Vishee Medical Technology Co ranks #590 out of 794 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Nanjing Vishee Medical Technology Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Vishee Medical Technology Co's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Nanjing Vishee Medical Technology Co ranks #590 out of 794 companies for Days Payable. This places Nanjing Vishee Medical Technology Co in the lower half of its industry. The industry median Days Payable is 67.97. Nanjing Vishee Medical Technology Co's value of 45.60 is 32.9% below this benchmark. Historically, Nanjing Vishee Medical Technology Co's own Days Payable has ranged from 32.20 to 68.47 over the past decade. While the company's 10-year median is 49.89 vs. the industry median of 67.97, Nanjing Vishee Medical Technology 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 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. Nanjing Vishee Medical Technology Co's current Days Payable of 45.60 is 32.9% 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 Nanjing Vishee Medical Technology 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. Nanjing Vishee Medical Technology Co's current Days Payable is 45.60, which is near median its own 10-year median of 49.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Vishee Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Vishee Medical Technology Co (SHSE:688580) is currently considered Fairly Valued. The stock's GF Value™ is ¥54.15, compared to a current price of ¥50.56 — trading 6.6% below its estimated fair value. The current Days Payable is 45.60, which is near median its 10-year median of 49.89 and 32.9% below the Medical Devices & Instruments industry median of 67.97. Nanjing Vishee Medical Technology Co's overall GF Score™ is 89/100 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 Nanjing Vishee Medical Technology Co (SHSE:688580), the current Days Payable is 45.60 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 Nanjing Vishee Medical Technology Co (SHSE:688580) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Vishee Medical Technology Co stock appears to be undervalued. The current stock price of ¥50.56 is trading 6.6% below its estimated GF Value™ of ¥54.15. GuruFocus considers Nanjing Vishee Medical Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688580:

  • Days Payable: 45.60 (near median its 10-year median of 49.89)
  • GF Value™: ¥54.15 vs. price of ¥50.56 (6.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 32.9% below the Medical Devices & Instruments median (#590 of 794)

No single metric tells the full story. See the SHSE:688580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Vishee Medical Technology Co Business Description

Address No. 19 Ningshuang Road, Building 9, Yuhuatai District, Nanjing, CHN, 210012
Nanjing Vishee Medical Technology Co Ltd is engaged in production and sales of rehabilitation medical devices. The company's products under Pelvic floor and postpartum rehabilitation include Pelvic floor electromyography biofeedback instrument; Myotrac series biological stimulation feedback instrument; Ruiyi Series Biostimulation Feedback Apparatus; Magneuro Series Magnetic Stimulator; Female psychological rehabilitation; Neonatal electroencephalograph; Consumables; and under Mental rehabilitation include Multi-parameter biofeedback instrument; Group biofeedback; Magneuro Series Magnetic Stimulator; and Cognitive dysfunction treatment software.
89GF Score

Get the complete analysis for SHSE:688580

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

¥50.56
Price
¥54.15
GF Value