Ningbo Jansen Superconducting Technologies Co (SHSE:688805) Days Payable: 86.89 (As of Mar. 2026) — 22% Below Median

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SHSE:688805 Ningbo Jansen Superconducting Technologies Co Ltd SHSE:688805
14 GF Score
Price ¥40.02
! 2 Warning Signs
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What is Ningbo Jansen Superconducting Technologies Co Days Payable?

Ningbo Jansen Superconducting Technologies Co SHSE:688805 +4.41% 14 Days Payable is 86.89 as of Mar. 2026, which is 22% below its 10-year median of 111.58. GuruFocus rates SHSE:688805 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Ningbo Jansen Superconducting Technologies Co ranks better than 63.1% on this metric.

Ningbo Jansen Superconducting Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥112.6 Mil. Ningbo Jansen Superconducting Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥118.3 Mil. Hence, Ningbo Jansen Superconducting Technologies Co's Days Payable for the three months ended in Mar. 2026 was 86.89.

The historical rank and industry rank for Ningbo Jansen Superconducting Technologies Co's Days Payable or its related term are showing as below:

SHSE:688805' s Days Payable Range Over the Past 10 Years
Min: 94.76   Med: 111.58   Max: 150.76
Current: 94.76

During the past 4 years, Ningbo Jansen Superconducting Technologies Co's highest Days Payable was 150.76. The lowest was 94.76. And the median was 111.58.

SHSE:688805's Days Payable is ranked better than
63.1% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.97 vs SHSE:688805: 94.76

Ningbo Jansen Superconducting Technologies Co's Days Payable declined from Mar. 2025 (113.87) to Mar. 2026 (86.89). It may suggest that Ningbo Jansen Superconducting Technologies Co accelerated paying its suppliers.


Ningbo Jansen Superconducting Technologies Co Days Payable Related Terms


Ningbo Jansen Superconducting Technologies Co Days Payable Historical Data

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The historical data trend for Ningbo Jansen Superconducting Technologies 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.

Ningbo Jansen Superconducting Technologies Co Days Payable Chart

Ningbo Jansen Superconducting Technologies Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
107.26 115.89 150.76 103.63

Ningbo Jansen Superconducting Technologies Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 113.87 129.51 100.64 78.10 86.89

SHSE:688805 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Ningbo Jansen Superconducting Technologies 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.


Ningbo Jansen Superconducting Technologies Co Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ningbo Jansen Superconducting Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Jansen Superconducting Technologies Co's Days Payable falls into.


SHSE:688805
14GF Score
Ningbo Jansen Superconducting Technologies Co Ltd SHSE:688805
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Ningbo Jansen Superconducting Technologies 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.

Ningbo Jansen Superconducting Technologies 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
=( (125.224 + 114.355) / 2 ) / 421.92*365
=119.7895 / 421.92*365
=103.63

Ningbo Jansen Superconducting Technologies 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
=( (114.355 + 110.849) / 2 ) / 118.252*365 / 4
=112.602 / 118.252*365 / 4
=86.89

* 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 86.89 mean?
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a Days Payable of 86.89 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 Ningbo Jansen Superconducting Technologies Co and its competitors. This is 22% below median its historical median of 111.58. Over the past decade, Ningbo Jansen Superconducting Technologies Co's Days Payable has ranged from 94.76 to 150.76. According to the industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #293 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 36.9%.
Is Ningbo Jansen Superconducting Technologies Co's Days Payable too high?
Ningbo Jansen Superconducting Technologies Co's current Days Payable of 86.89 is 22% below median its 10-year median of 111.58. Over the past 10 years, this metric has ranged from a low of 94.76 to a high of 150.76. The Medical Devices & Instruments industry median Days Payable is 67.97. Ningbo Jansen Superconducting Technologies Co's value of 86.89 is 27.8% above this industry median. Based on the distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #293 out of 794 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Ningbo Jansen Superconducting Technologies Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jansen Superconducting Technologies Co's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #293 out of 794 companies for Days Payable. This puts Ningbo Jansen Superconducting Technologies Co in the upper half of its industry. The industry median Days Payable is 67.97. Ningbo Jansen Superconducting Technologies Co's value of 86.89 is 27.8% above this benchmark. Historically, Ningbo Jansen Superconducting Technologies Co's own Days Payable has ranged from 94.76 to 150.76 over the past decade. While the company's 10-year median is 111.58 vs. the industry median of 67.97, Ningbo Jansen Superconducting Technologies 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. Ningbo Jansen Superconducting Technologies Co's current Days Payable of 86.89 is 27.8% 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 Ningbo Jansen Superconducting Technologies 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. Ningbo Jansen Superconducting Technologies Co's current Days Payable is 86.89, which is 22% below median its own 10-year median of 111.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jansen Superconducting Technologies Co stock overvalued right now?
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a current Days Payable of 86.89. The current Days Payable is 86.89, which is 22% below median its 10-year median of 111.58 and 27.8% above the Medical Devices & Instruments industry median of 67.97. Ningbo Jansen Superconducting Technologies Co's overall GF Score™ is 14/100 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 Ningbo Jansen Superconducting Technologies Co (SHSE:688805), the current Days Payable is 86.89 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.

Ningbo Jansen Superconducting Technologies Co Business Description

Address No. 427, Gaoke Avenue, Cixi High-tech Industrial Development Zone, Zhejiang Province, Ningbo, CHN, 315301
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