CQ Pharmaceutical Holding Co (SZSE:000950) Days Payable: 78.24 (As of Jun. 2026) — Near Median

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SZSE:000950 CQ Pharmaceutical Holding Co Ltd SZSE:000950
77 GF Score
Price ¥5.17
GF Value ¥5.68
Valuation Fairly Valued
! 8 Warning Signs
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What is CQ Pharmaceutical Holding Co Days Payable?

CQ Pharmaceutical Holding Co SZSE:000950 77 Days Payable is 78.24 as of Jun. 2026, which is 2% below its 10-year median of 80.01. GuruFocus rates SZSE:000950 with a GF Score™ of 77/100 and a GF Value™ of ¥5.68 (Fairly Valued). The stock has 8 warning signs investors should review. Among 121 Medical Distribution companies, CQ Pharmaceutical Holding Co ranks better than 61.16% on this metric.

CQ Pharmaceutical Holding Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥15,842 Mil. CQ Pharmaceutical Holding Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥18,476 Mil. Hence, CQ Pharmaceutical Holding Co's Days Payable for the three months ended in Jun. 2026 was 78.24.

The historical rank and industry rank for CQ Pharmaceutical Holding Co's Days Payable or its related term are showing as below:

SZSE:000950' s Days Payable Range Over the Past 10 Years
Min: 59.54   Med: 80.01   Max: 110.38
Current: 95.69

During the past 13 years, CQ Pharmaceutical Holding Co's highest Days Payable was 110.38. The lowest was 59.54. And the median was 80.01.

SZSE:000950's Days Payable is ranked better than
61.16% of 121 companies
in the Medical Distribution industry
Industry Median: 78.2 vs SZSE:000950: 95.69

CQ Pharmaceutical Holding Co's Days Payable increased from Jun. 2025 (75.15) to Jun. 2026 (78.24). It may suggest that CQ Pharmaceutical Holding Co delayed paying its suppliers.


CQ Pharmaceutical Holding Co Days Payable Historical Data

* Premium members only.

The historical data trend for CQ Pharmaceutical Holding 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.

CQ Pharmaceutical Holding Co Days Payable Chart

CQ Pharmaceutical Holding 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 57.28 59.70 61.43 66.11 70.46

CQ Pharmaceutical Holding Co 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 75.15 74.61 77.78 76.31 78.24

SZSE:000950 vs MCK, COR, CAH: Days Payable Comparison

For the Medical Distribution subindustry, CQ Pharmaceutical Holding 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.


CQ Pharmaceutical Holding Co Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, CQ Pharmaceutical Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CQ Pharmaceutical Holding Co's Days Payable falls into.


SZSE:000950
77GF Score
CQ Pharmaceutical Holding Co Ltd SZSE:000950
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CQ Pharmaceutical Holding 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.

CQ Pharmaceutical Holding 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
=( (13754.08706045 + 15949.33632942) / 2 ) / 76931.3568831*365
=14851.711694935 / 76931.3568831*365
=70.46

CQ Pharmaceutical Holding Co'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
=( (16052.59338128 + 15630.62372363) / 2 ) / 18476.49936187*365 / 4
=15841.608552455 / 18476.49936187*365 / 4
=78.24

* 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 78.24 mean?
CQ Pharmaceutical Holding Co (SZSE:000950) has a Days Payable of 78.24 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 CQ Pharmaceutical Holding Co and its competitors. This is near median its historical median of 80.01. Over the past decade, CQ Pharmaceutical Holding Co's Days Payable has ranged from 59.54 to 110.38. According to the industry distribution chart, CQ Pharmaceutical Holding Co ranks #47 out of 121 companies in the Medical Distribution industry, placing it in the top 38.8%.
Is CQ Pharmaceutical Holding Co's Days Payable too high?
CQ Pharmaceutical Holding Co's current Days Payable of 78.24 is near median its 10-year median of 80.01. Over the past 10 years, this metric has ranged from a low of 59.54 to a high of 110.38. The Medical Distribution industry median Days Payable is 78.20. CQ Pharmaceutical Holding Co's value of 78.24 is 0.1% above this industry median. Based on the distribution chart, CQ Pharmaceutical Holding Co ranks #47 out of 121 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, CQ Pharmaceutical Holding Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CQ Pharmaceutical Holding Co's Days Payable compare to MCK and COR?
According to the Medical Distribution industry distribution chart, CQ Pharmaceutical Holding Co ranks #47 out of 121 companies for Days Payable. This puts CQ Pharmaceutical Holding Co in the upper half of its industry. The industry median Days Payable is 78.20. CQ Pharmaceutical Holding Co's value of 78.24 is 0.1% above this benchmark. Historically, CQ Pharmaceutical Holding Co's own Days Payable has ranged from 59.54 to 110.38 over the past decade. While the company's 10-year median is 80.01 vs. the industry median of 78.20, CQ Pharmaceutical Holding 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 Distribution company?
The median Days Payable among Medical Distribution companies is 78.20, based on 121 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. CQ Pharmaceutical Holding Co's current Days Payable of 78.24 is 0.1% 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 CQ Pharmaceutical Holding Co and its competitors. For the Medical Distribution industry, the median Days Payable is 78.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CQ Pharmaceutical Holding Co's current Days Payable is 78.24, which is near median its own 10-year median of 80.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CQ Pharmaceutical Holding Co stock overvalued right now?
Based on GuruFocus' analysis, CQ Pharmaceutical Holding Co (SZSE:000950) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.68, compared to a current price of ¥5.17 — trading 9% below its estimated fair value. The current Days Payable is 78.24, which is near median its 10-year median of 80.01 and 0.1% above the Medical Distribution industry median of 78.20. CQ Pharmaceutical Holding Co's overall GF Score™ is 77/100 with 8 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 CQ Pharmaceutical Holding Co (SZSE:000950), the current Days Payable is 78.24 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 CQ Pharmaceutical Holding Co (SZSE:000950) Overvalued in 2026?

Based on GuruFocus' analysis, CQ Pharmaceutical Holding Co stock appears to be undervalued. The current stock price of ¥5.17 is trading 9% below its estimated GF Value™ of ¥5.68. GuruFocus considers CQ Pharmaceutical Holding Co to be Fairly Valued.

Key valuation signals for SZSE:000950:

  • Days Payable: 78.24 (near median its 10-year median of 80.01)
  • GF Value™: ¥5.68 vs. price of ¥5.17 (9% below fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 0.1% above the Medical Distribution median (#47 of 121)

No single metric tells the full story. See the SZSE:000950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CQ Pharmaceutical Holding Co Business Description

Address 333 Jinshi Avenue, Yubei District, Chongqing, CHN, 400010
CQ Pharmaceutical Holding Co Ltd distributes pharmaceutical products. It is the fixed-point reserve unit for drug and medical equipment of the central and Chongqing industries. The pharmaceutical business sector covers hospitals, pharmaceuticals, healthcare products, hospital sales, commercial wholesale, retail chains, terminal distribution, warehousing logistics and supply chain value-added services. Geographically, the group operates through China.
77GF Score

Get the complete analysis for SZSE:000950

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

¥5.17
Price
¥5.68
GF Value