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* 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.
Chinatesta Textile Testing and Certification Services Co Days Payable Chart
Chinatesta Textile Testing and Certification Services Co Annual Data
* 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.
Chinatesta Textile Testing and Certification Services Co Days Payable vs Business Services Industry
Chinatesta Textile Testing and Certification Services 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.
* 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.
Chinatesta Textile Testing and Certification Services Co (BJSE:920122) has a Days Payable of 17.11 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 Chinatesta Textile Testing and Certification Services Co and its competitors. This is 21% above median its historical median of 14.19. Over the past decade, Chinatesta Textile Testing and Certification Services Co's Days Payable has ranged from 4.53 to 27.18. According to the industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #751 out of 945 companies in the Business Services industry, placing it in the top 79.5%.
Is Chinatesta Textile Testing and Certification Services Co's Days Payable too high?
Chinatesta Textile Testing and Certification Services Co's current Days Payable of 17.11 is 21% above median its 10-year median of 14.19. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 27.18. The Business Services industry median Days Payable is 45.76. Chinatesta Textile Testing and Certification Services Co's value of 17.11 is 62.6% below this industry median. Based on the distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #751 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chinatesta Textile Testing and Certification Services Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chinatesta Textile Testing and Certification Services Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #751 out of 945 companies for Days Payable. This places Chinatesta Textile Testing and Certification Services Co in the lower half of its industry. The industry median Days Payable is 45.76. Chinatesta Textile Testing and Certification Services Co's value of 17.11 is 62.6% below this benchmark. Historically, Chinatesta Textile Testing and Certification Services Co's own Days Payable has ranged from 4.53 to 27.18 over the past decade. While the company's 10-year median is 14.19 vs. the industry median of 45.76, Chinatesta Textile Testing and Certification Services 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 Business Services company?
The median Days Payable among Business Services companies is 45.76, based on 945 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. Chinatesta Textile Testing and Certification Services Co's current Days Payable of 17.11 is 62.6% 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 Chinatesta Textile Testing and Certification Services Co and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatesta Textile Testing and Certification Services Co's current Days Payable is 17.11, which is 21% above median its own 10-year median of 14.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatesta Textile Testing and Certification Services Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co (BJSE:920122) is currently considered Possible Value Trap. The stock's GF Value™ is ¥39.68, compared to a current price of ¥21.36 — trading 46.2% below its estimated fair value. The current Days Payable is 17.11, which is 21% above median its 10-year median of 14.19 and 62.6% below the Business Services industry median of 45.76. Chinatesta Textile Testing and Certification Services Co's overall GF Score™ is 63/100 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 Chinatesta Textile Testing and Certification Services Co (BJSE:920122), the current Days Payable is 17.11 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 Chinatesta Textile Testing and Certification Services Co (BJSE:920122) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co stock appears to be undervalued.
The current stock price of ¥21.36 is trading 46.2% below its estimated GF Value™ of ¥39.68.
GuruFocus considers Chinatesta Textile Testing and Certification Services Co to be Possible Value Trap.
Key valuation signals for BJSE:920122:
Days Payable: 17.11 (21% above median its 10-year median of 14.19)
GF Value™: ¥39.68 vs. price of ¥21.36 (46.2% below fair value)
Industry Position: 62.6% below the Business Services median (#751 of 945)
No single metric tells the full story. See the BJSE:920122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinatesta Textile Testing and Certification Services Co Business Description
Chinatesta Textile Testing and Certification Services Co Ltd is engaged in the research and revision of textile standards, inspection, testing, and certification of textile and light industrial products, research and development, management of test consumables, and calibration of textile instruments.
63GF Score
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