Lipocine (STU:2VT0) Days Payable: 50.03 (As of Jun. 2026) — 31% Above Median

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STU:2VT0 Lipocine Inc STU:2VT0
46 GF Score
Price €3.94
GF Value €2.45
! 4 Warning Signs
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What is Lipocine Days Payable?

Lipocine STU:2VT0 46 Days Payable is 50.03 as of Jun. 2026, which is 31% above its 10-year median of 38.06. GuruFocus rates STU:2VT0 with a GF Score™ of 46/100 and a GF Value™ of €2.45. The stock has 4 warning signs investors should review. Among 704 Biotechnology companies, Lipocine ranks better than 58.52% on this metric.

Lipocine's average Accounts Payable for the three months ended in Jun. 2026 was €0.97 Mil. Lipocine's Cost of Goods Sold for the three months ended in Jun. 2026 was €1.77 Mil. Hence, Lipocine's Days Payable for the three months ended in Jun. 2026 was 50.03.

The historical rank and industry rank for Lipocine's Days Payable or its related term are showing as below:

STU:2VT0' s Days Payable Range Over the Past 10 Years
Min: 14   Med: 38.06   Max: 161.67
Current: 161.67

During the past 13 years, Lipocine's highest Days Payable was 161.67. The lowest was 14.00. And the median was 38.06.

STU:2VT0's Days Payable is ranked better than
58.52% of 704 companies
in the Biotechnology industry
Industry Median: 112.715 vs STU:2VT0: 161.67

Lipocine's Days Payable increased from Jun. 2025 (17.65) to Jun. 2026 (50.03). It may suggest that Lipocine delayed paying its suppliers.


Lipocine Days Payable Historical Data

* Premium members only.

The historical data trend for Lipocine'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.

Lipocine Days Payable Chart

Lipocine 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 66.01 38.56 36.10 40.03 27.14

Lipocine 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 17.65 0.00 0.00 0.00 50.03

STU:2VT0 vs NXTC, VYNE, QNCX: Days Payable Comparison

For the Biotechnology subindustry, Lipocine'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.


Lipocine Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lipocine's Days Payable distribution charts can be found below:

* The bar in red indicates where Lipocine's Days Payable falls into.


STU:2VT0
46GF Score
Lipocine Inc STU:2VT0
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lipocine 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.

Lipocine'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
=( (0.26 + 0.83) / 2 ) / 7.33*365
=0.545 / 7.33*365
=27.14

Lipocine'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
=( (1.352 + 0.591) / 2 ) / 1.772*365 / 4
=0.9715 / 1.772*365 / 4
=50.03

* 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 50.03 mean?
Lipocine (STU:2VT0) has a Days Payable of 50.03 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 Lipocine and its competitors. This is 31% above median its historical median of 38.06. Over the past decade, Lipocine's Days Payable has ranged from 14.00 to 161.67. According to the industry distribution chart, Lipocine ranks #292 out of 704 companies in the Biotechnology industry, placing it in the top 41.5%.
Is Lipocine's Days Payable too high?
Lipocine's current Days Payable of 50.03 is 31% above median its 10-year median of 38.06. Over the past 10 years, this metric has ranged from a low of 14.00 to a high of 161.67. The Biotechnology industry median Days Payable is 112.72. Lipocine's value of 50.03 is 55.6% below this industry median. Based on the distribution chart, Lipocine ranks #292 out of 704 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Lipocine has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Lipocine's Days Payable compare to NXTC and VYNE?
According to the Biotechnology industry distribution chart, Lipocine ranks #292 out of 704 companies for Days Payable. This puts Lipocine in the upper half of its industry. The industry median Days Payable is 112.72. Lipocine's value of 50.03 is 55.6% below this benchmark. Historically, Lipocine's own Days Payable has ranged from 14.00 to 161.67 over the past decade. While the company's 10-year median is 38.06 vs. the industry median of 112.72, Lipocine 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 112.72, based on 704 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. Lipocine's current Days Payable of 50.03 is 55.6% 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 Lipocine and its competitors. For the Biotechnology industry, the median Days Payable is 112.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lipocine's current Days Payable is 50.03, which is 31% above median its own 10-year median of 38.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lipocine stock overvalued right now?
Lipocine (STU:2VT0) has a current Days Payable of 50.03. The stock's GF Value™ is €2.45, compared to a current price of €3.94 — trading 61% above its estimated fair value. The current Days Payable is 50.03, which is 31% above median its 10-year median of 38.06 and 55.6% below the Biotechnology industry median of 112.72. Lipocine's overall GF Score™ is 46/100 with 4 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 Lipocine (STU:2VT0), the current Days Payable is 50.03 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 Lipocine (STU:2VT0) Overvalued in 2026?

Based on GuruFocus' analysis, Lipocine stock appears to be overvalued. The current stock price of €3.94 is trading 61% above its estimated GF Value™ of €2.45.

Key valuation signals for STU:2VT0:

  • Days Payable: 50.03 (31% above median its 10-year median of 38.06)
  • GF Value™: €2.45 vs. price of €3.94 (61% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 55.6% below the Biotechnology median (#292 of 704)

No single metric tells the full story. See the STU:2VT0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lipocine Business Description

Other Exchanges LPCN:USA
Address 675 Arapeen Drive, Suite 202, Salt Lake City, UT, USA, 84108
Lipocine Inc is a clinical-stage biopharmaceutical company that is engaged in research and development for the delivery of drugs using its proprietary delivery technology. Its principal operation is to provide oral delivery solutions for existing drugs. Lipocine develops its drug candidates, or it develops drug candidates on behalf of or in collaboration with corporate partners. The company's product TLANDO is an oral testosterone replacement therapy (TRT). It also has other products in the pipeline, such as LPCN 1144, TLANDO, TLANDO XR, LPCN 1148, LPCN 1107, LPCN 1154, and LIP RAL7 Technology. The Company has a single reportable segment, research, and development for the delivery of drugs using its proprietary delivery technology.
46GF Score

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

€3.94
Price
€2.45
GF Value