CESTF (Chinese Estates Holdings) Days Payable: 621.60 (As of Dec. 2025) — 482% Above Median


CESTF Chinese Estates Holdings Ltd CESTF
40 GF Score
Price $0.15
GF Value $0.11
! 4 Warning Signs
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What is Chinese Estates Holdings Days Payable?

Chinese Estates Holdings CESTF 40 Days Payable is 621.60 as of Dec. 2025, which is 482% above its 10-year median of 106.86. GuruFocus rates CESTF with a GF Score™ of 40/100 and a GF Value™ of $0.11. The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Chinese Estates Holdings ranks better than 84.91% on this metric.

Chinese Estates Holdings's average Accounts Payable for the six months ended in Dec. 2025 was $9.30 Mil. Chinese Estates Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was $2.73 Mil. Hence, Chinese Estates Holdings's Days Payable for the six months ended in Dec. 2025 was 621.60.

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

CESTF' s Days Payable Range Over the Past 10 Years
Min: 38.1   Med: 106.86   Max: 719.75
Current: 445.08

During the past 13 years, Chinese Estates Holdings's highest Days Payable was 719.75. The lowest was 38.10. And the median was 106.86.

CESTF's Days Payable is ranked better than
84.91% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs CESTF: 445.08

Chinese Estates Holdings's Days Payable increased from Dec. 2024 (73.61) to Dec. 2025 (621.60). It may suggest that Chinese Estates Holdings delayed paying its suppliers.


Chinese Estates Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Chinese Estates Holdings'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.

Chinese Estates Holdings Days Payable Chart

Chinese Estates Holdings 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 38.27 87.26 79.52 67.69 52.30

Chinese Estates Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 699.11 56.42 73.61 655.96 621.60

Chinese Estates Holdings Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, Chinese Estates Holdings'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.


Chinese Estates Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinese Estates Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Chinese Estates Holdings's Days Payable falls into.


CESTF
40GF Score
Chinese Estates Holdings Ltd CESTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinese Estates Holdings 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.

Chinese Estates Holdings'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
=( (1.486 + 0.099) / 2 ) / 5.531*365
=0.7925 / 5.531*365
=52.30

Chinese Estates Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (18.491 + 0.099) / 2 ) / 2.729*365 / 2
=9.295 / 2.729*365 / 2
=621.60

* 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 621.60 mean?
Chinese Estates Holdings (CESTF) has a Days Payable of 621.60 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chinese Estates Holdings and its competitors. This is 482% above median its historical median of 106.86. Over the past decade, Chinese Estates Holdings' Days Payable has ranged from 38.10 to 719.75. According to the industry distribution chart, Chinese Estates Holdings ranks #237 out of 1571 companies in the Real Estate industry, placing it in the top 15.1%.
Is Chinese Estates Holdings' Days Payable too high?
Chinese Estates Holdings' current Days Payable of 621.60 is 482% above median its 10-year median of 106.86. Over the past 10 years, this metric has ranged from a low of 38.10 to a high of 719.75. The Real Estate industry median Days Payable is 94.38. Chinese Estates Holdings' value of 621.60 is 558.6% above this industry median. Based on the distribution chart, Chinese Estates Holdings ranks #237 out of 1571 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Chinese Estates Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Chinese Estates Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Chinese Estates Holdings ranks #237 out of 1571 companies for Days Payable. This places Chinese Estates Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. Chinese Estates Holdings' value of 621.60 is 558.6% above this benchmark. Historically, Chinese Estates Holdings' own Days Payable has ranged from 38.10 to 719.75 over the past decade. While the company's 10-year median is 106.86 vs. the industry median of 94.38, Chinese Estates Holdings 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. Chinese Estates Holdings's current Days Payable of 621.60 is 558.6% 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 Chinese Estates Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinese Estates Holdings's current Days Payable is 621.60, which is 482% above median its own 10-year median of 106.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinese Estates Holdings stock overvalued right now?
Chinese Estates Holdings (CESTF) has a current Days Payable of 621.60. The stock's GF Value™ is $0.11, compared to a current price of $0.15 — trading 38.1% above its estimated fair value. The current Days Payable is 621.60, which is 482% above median its 10-year median of 106.86 and 558.6% above the Real Estate industry median of 94.38. Chinese Estates Holdings' overall GF Score™ is 40/100 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 Chinese Estates Holdings (CESTF), the current Days Payable is 621.60 as of Dec. 2025. 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 Chinese Estates Holdings (CESTF) Overvalued in 2026?

Based on GuruFocus' analysis, Chinese Estates Holdings stock appears to be overvalued. The current stock price of $0.15 is trading 38.1% above its estimated GF Value™ of $0.11.

Key valuation signals for CESTF:

  • Days Payable: 621.60 (482% above median its 10-year median of 106.86)
  • GF Value™: $0.11 vs. price of $0.15 (38.1% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 558.6% above the Real Estate median (#237 of 1571)

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


Chinese Estates Holdings Business Description

Other Exchanges 00127:Hong Kong
Address 311 Gloucester Road, 21st Floor, Chubb Tower, Windsor House, Causeway Bay, Hong Kong, HKG
Chinese Estates Holdings Ltd is an investment holding company. The company's operating segment includes Property development and trading; Property leasing includes Retail and Non-retail; Listed equity investments at FVTOCI; Investments and treasury products at FVTPL; Unlisted investments, investment holding and brokerage, and other segments. It derives maximum revenue from Investments and treasury products at FVTPL segment, which includes Securities investments in investments held for trading, OTC trading and structured products. The Group focuses in Hong Kong, and diversifies its property interests to mainland China and the United Kingdom.
40GF Score

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

$0.15
Price
$0.11
GF Value