Greetec Co (BJSE:920208) Days Payable: 67.89 (As of Mar. 2026) — 57% Above Median

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BJSE:920208 Greetec Co Ltd BJSE:920208
80 GF Score
Price ¥12.07
GF Value ¥19.77
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Greetec Co Days Payable?

Greetec Co BJSE:920208 80 Days Payable is 67.89 as of Mar. 2026, which is 57% above its 10-year median of 43.31. GuruFocus rates BJSE:920208 with a GF Score™ of 80/100 and a GF Value™ of ¥19.77 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,721 Construction companies, Greetec Co ranks worse than 75.6% on this metric.

Greetec Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥65.8 Mil. Greetec Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥88.4 Mil. Hence, Greetec Co's Days Payable for the three months ended in Mar. 2026 was 67.89.

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

BJSE:920208' s Days Payable Range Over the Past 10 Years
Min: 28.06   Med: 43.31   Max: 54.9
Current: 44.35

During the past 13 years, Greetec Co's highest Days Payable was 54.90. The lowest was 28.06. And the median was 43.31.

BJSE:920208's Days Payable is ranked worse than
75.6% of 1721 companies
in the Construction industry
Industry Median: 76.61 vs BJSE:920208: 44.35

Greetec Co's Days Payable declined from Mar. 2025 (75.32) to Mar. 2026 (67.89). It may suggest that Greetec Co accelerated paying its suppliers.


Greetec Co Days Payable Historical Data

* Premium members only.

The historical data trend for Greetec 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.

Greetec Co Days Payable Chart

Greetec 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 39.82 41.38 45.23 54.58 54.90

Greetec Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 75.32 53.43 48.79 27.17 67.89

BJSE:920208 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Greetec 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.


Greetec Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Greetec Co's Days Payable distribution charts can be found below:

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


BJSE:920208
80GF Score
Greetec Co Ltd BJSE:920208
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greetec 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.

Greetec 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
=( (80.26 + 70.325) / 2 ) / 500.6*365
=75.2925 / 500.6*365
=54.90

Greetec 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
=( (70.325 + 61.241) / 2 ) / 88.422*365 / 4
=65.783 / 88.422*365 / 4
=67.89

* 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 67.89 mean?
Greetec Co (BJSE:920208) has a Days Payable of 67.89 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 Greetec Co and its competitors. This is 57% above median its historical median of 43.31. Over the past decade, Greetec Co's Days Payable has ranged from 28.06 to 54.90. According to the industry distribution chart, Greetec Co ranks #1301 out of 1721 companies in the Construction industry, placing it in the top 75.6%.
Is Greetec Co's Days Payable too high?
Greetec Co's current Days Payable of 67.89 is 57% above median its 10-year median of 43.31. Over the past 10 years, this metric has ranged from a low of 28.06 to a high of 54.90. The Construction industry median Days Payable is 76.61. Greetec Co's value of 67.89 is 11.4% below this industry median. Based on the distribution chart, Greetec Co ranks #1301 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Greetec Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greetec Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Greetec Co ranks #1301 out of 1721 companies for Days Payable. This places Greetec Co in the lower half of its industry. The industry median Days Payable is 76.61. Greetec Co's value of 67.89 is 11.4% below this benchmark. Historically, Greetec Co's own Days Payable has ranged from 28.06 to 54.90 over the past decade. While the company's 10-year median is 43.31 vs. the industry median of 76.61, Greetec 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 Construction company?
The median Days Payable among Construction companies is 76.61, based on 1,721 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. Greetec Co's current Days Payable of 67.89 is 11.4% 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 Greetec Co and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greetec Co's current Days Payable is 67.89, which is 57% above median its own 10-year median of 43.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greetec Co stock overvalued right now?
Based on GuruFocus' analysis, Greetec Co (BJSE:920208) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥19.77, compared to a current price of ¥12.07 — trading 38.9% below its estimated fair value. The current Days Payable is 67.89, which is 57% above median its 10-year median of 43.31 and 11.4% below the Construction industry median of 76.61. Greetec Co's overall GF Score™ is 80/100 with 1 warning sign 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 Greetec Co (BJSE:920208), the current Days Payable is 67.89 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.

Is Greetec Co (BJSE:920208) Overvalued in 2026?

Based on GuruFocus' analysis, Greetec Co stock appears to be undervalued. The current stock price of ¥12.07 is trading 38.9% below its estimated GF Value™ of ¥19.77. GuruFocus considers Greetec Co to be Significantly Undervalued.

Key valuation signals for BJSE:920208:

  • Days Payable: 67.89 (57% above median its 10-year median of 43.31)
  • GF Value™: ¥19.77 vs. price of ¥12.07 (38.9% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 11.4% below the Construction median (#1301 of 1721)

No single metric tells the full story. See the BJSE:920208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greetec Co Business Description

Address No. 19 Chegongzhuang West Road, Room 306, 3rd Floor, Building 68, Haidian District, Beijing, CHN, 100048
Greetec Co Ltd engages in providing engineering project management technology services. Its services comprise investment decision consultation, project financing consultation, survey and design consultation, bidding procurement consultation, engineering cost consultation, engineering financial consultation, engineering supervision and construction project management services, information technology consultation, risk management consultation, post-project evaluation consultation.
80GF Score

Get the complete analysis for BJSE:920208

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

¥12.07
Price
¥19.77
GF Value