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Asta Co's average Accounts Payable for the
three
months ended in Jun. 2026 was ₩165 Mil. Asta Co's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₩635 Mil.
Hence, Asta Co's Days Payable for the
three
months ended in Jun. 2026 was 23.65.
The historical rank and industry rank for Asta Co's Days Payable or its related term are showing as below:
XKRX:246720'
s Days Payable Range Over the Past 10 Years
Min: 2.52 Med: 16.14 Max: 175.69
Current: 13.96
During the past 12 years, Asta Co's highest Days Payable was 175.69. The lowest was 2.52. And the median was 16.14.
XKRX:246720's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 68.47
vs XKRX:246720: 13.96
Asta Co's Days Payable
declined
from Jun. 2025 (37.42) to Jun. 2026 (23.65).
It may suggest that Asta Coaccelerated paying its suppliers.
The historical data trend for Asta 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.
XKRX:246720 vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Asta 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.
Asta Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asta Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Asta Co's Days Payable falls into.
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.
Asta Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Asta Co (XKRX:246720) has a Days Payable of 23.65 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 Asta Co and its competitors. This is 47% above median its historical median of 16.14. Over the past decade, Asta Co's Days Payable has ranged from 2.52 to 175.69.
Is Asta Co's Days Payable too high?
Asta Co's current Days Payable of 23.65 is 47% above median its 10-year median of 16.14. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 175.69. The Medical Devices & Instruments industry median Days Payable is 68.47. Asta Co's value of 23.65 is 65.5% below this industry median. Overall, Asta Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Asta Co's Days Payable compare to ISRG and BDX?
Asta Co's Days Payable of 23.65 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.47. Asta Co's value of 23.65 is 65.5% below this benchmark. Historically, Asta Co's own Days Payable has ranged from 2.52 to 175.69 over the past decade. While the company's 10-year median is 16.14 vs. the industry median of 68.47, Asta 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 68.47, based on 793 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. Asta Co's current Days Payable of 23.65 is 65.5% 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 Asta Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asta Co's current Days Payable is 23.65, which is 47% above median its own 10-year median of 16.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asta Co stock overvalued right now?
Asta Co (XKRX:246720) has a current Days Payable of 23.65. The stock's GF Value™ is ₩4,746.50, compared to a current price of ₩6,070.00 — trading 27.9% above its estimated fair value. The current Days Payable is 23.65, which is 47% above median its 10-year median of 16.14 and 65.5% below the Medical Devices & Instruments industry median of 68.47. Asta Co's overall GF Score™ is 71/100 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 Asta Co (XKRX:246720), the current Days Payable is 23.65 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 Asta Co (XKRX:246720) Overvalued in 2026?
Based on GuruFocus' analysis, Asta Co stock appears to be overvalued.
The current stock price of ₩6,070.00 is trading 27.9% above its estimated GF Value™ of ₩4,746.50.
Key valuation signals for XKRX:246720:
Days Payable: 23.65 (47% above median its 10-year median of 16.14)
GF Value™: ₩4,746.50 vs. price of ₩6,070.00 (27.9% above fair value)
Industry Position: 65.5% below the Medical Devices & Instruments median
No single metric tells the full story. See the XKRX:246720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asta Co Ltd is a technology-based company that has been developing, manufacturing, and selling MALDI-TOF-based mass spectrometry instruments and related consumables. Its products are Microbial Identification, Microwave Digestion System, Surface/Organic/Inorganic analysis, Gas analysis, and Others.
71GF Score
Get the complete analysis for XKRX:246720
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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