CGASY (China Resources Gas Group) Days Payable: 58.96 (As of Dec. 2025) — Near Median


CGASY China Resources Gas Group Ltd CGASY
65 GF Score
Price $21.81
GF Value $37.00
Valuation Possible Value Trap
! 7 Warning Signs
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What is China Resources Gas Group Days Payable?

China Resources Gas Group CGASY 65 Days Payable is 58.96 as of Dec. 2025, which is 4% above its 10-year median of 56.70. GuruFocus rates CGASY with a GF Score™ of 65/100 and a GF Value™ of $37.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 481 Utilities - Regulated companies, China Resources Gas Group ranks worse than 59.46% on this metric.

China Resources Gas Group's average Accounts Payable for the six months ended in Dec. 2025 was $1,622 Mil. China Resources Gas Group's Cost of Goods Sold for the six months ended in Dec. 2025 was $5,019 Mil. Hence, China Resources Gas Group's Days Payable for the six months ended in Dec. 2025 was 58.96.

The historical rank and industry rank for China Resources Gas Group's Days Payable or its related term are showing as below:

CGASY' s Days Payable Range Over the Past 10 Years
Min: 44.82   Med: 56.7   Max: 81.14
Current: 56.55

During the past 13 years, China Resources Gas Group's highest Days Payable was 81.14. The lowest was 44.82. And the median was 56.70.

CGASY's Days Payable is ranked worse than
59.46% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs CGASY: 56.55

China Resources Gas Group's Days Payable increased from Dec. 2024 (54.95) to Dec. 2025 (58.96). It may suggest that China Resources Gas Group delayed paying its suppliers.


China Resources Gas Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Resources Gas Group'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.

China Resources Gas Group Days Payable Chart

China Resources Gas Group 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 48.04 44.79 54.53 56.96 55.83

China Resources Gas Group 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 52.61 59.86 54.95 54.99 58.96

CGASY vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, China Resources Gas Group'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.


China Resources Gas Group Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Resources Gas Group's Days Payable falls into.


CGASY
65GF Score
China Resources Gas Group Ltd CGASY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Gas Group 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.

China Resources Gas Group'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
=( (1541.393 + 1616.212) / 2 ) / 10321.925*365
=1578.8025 / 10321.925*365
=55.83

China Resources Gas Group'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
=( (1626.977 + 1616.212) / 2 ) / 5019.001*365 / 2
=1621.5945 / 5019.001*365 / 2
=58.96

* 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 58.96 mean?
China Resources Gas Group (CGASY) has a Days Payable of 58.96 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 China Resources Gas Group and its competitors. This is near median its historical median of 56.70. Over the past decade, China Resources Gas Group's Days Payable has ranged from 44.82 to 81.14. According to the industry distribution chart, China Resources Gas Group ranks #286 out of 481 companies in the Utilities - Regulated industry, placing it in the top 59.5%.
Is China Resources Gas Group's Days Payable too high?
China Resources Gas Group's current Days Payable of 58.96 is near median its 10-year median of 56.70. Over the past 10 years, this metric has ranged from a low of 44.82 to a high of 81.14. The Utilities - Regulated industry median Days Payable is 70.61. China Resources Gas Group's value of 58.96 is 16.5% below this industry median. Based on the distribution chart, China Resources Gas Group ranks #286 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Resources Gas Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Gas Group's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #286 out of 481 companies for Days Payable. This places China Resources Gas Group in the lower half of its industry. The industry median Days Payable is 70.61. China Resources Gas Group's value of 58.96 is 16.5% below this benchmark. Historically, China Resources Gas Group's own Days Payable has ranged from 44.82 to 81.14 over the past decade. While the company's 10-year median is 56.70 vs. the industry median of 70.61, China Resources Gas Group 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. China Resources Gas Group's current Days Payable of 58.96 is 16.5% 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 China Resources Gas Group and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current Days Payable is 58.96, which is near median its own 10-year median of 56.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Gas Group stock overvalued right now?
Based on GuruFocus' analysis, China Resources Gas Group (CGASY) is currently considered Possible Value Trap. The stock's GF Value™ is $37.00, compared to a current price of $21.81 — trading 41.1% below its estimated fair value. The current Days Payable is 58.96, which is near median its 10-year median of 56.70 and 16.5% below the Utilities - Regulated industry median of 70.61. China Resources Gas Group's overall GF Score™ is 65/100 with 7 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 China Resources Gas Group (CGASY), the current Days Payable is 58.96 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 China Resources Gas Group (CGASY) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Gas Group stock appears to be undervalued. The current stock price of $21.81 is trading 41.1% below its estimated GF Value™ of $37.00. GuruFocus considers China Resources Gas Group to be Possible Value Trap.

Key valuation signals for CGASY:

  • Days Payable: 58.96 (near median its 10-year median of 56.70)
  • GF Value™: $37.00 vs. price of $21.81 (41.1% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 16.5% below the Utilities - Regulated median (#286 of 481)

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


China Resources Gas Group Business Description

Other Exchanges 01193:Hong KongLGX1:Germany
Address 26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2025, CRG's portfolio comprised 275 city gas projects in China. The firm achieved annual gas sales volume of 40.2 billion cubic meters and has connected 62.7 million residential customers.
65GF Score

Get the complete analysis for CGASY

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

$21.81
Price
$37.00
GF Value