CGHOF (China Gas Holdings) Days Payable: 86.81 (As of Sep. 2025) — 10% Above Median


CGHOF China Gas Holdings Ltd CGHOF
74 GF Score
Price $0.95
GF Value $1.17
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Gas Holdings Days Payable?

China Gas Holdings CGHOF -3.14% 74 Days Payable is 86.81 as of Sep. 2025, which is 10% above its 10-year median of 78.94. GuruFocus rates CGHOF with a GF Score™ of 74/100 and a GF Value™ of $1.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 481 Utilities - Regulated companies, China Gas Holdings ranks better than 54.47% on this metric.

China Gas Holdings's average Accounts Payable for the six months ended in Sep. 2025 was $1,771 Mil. China Gas Holdings's Cost of Goods Sold for the six months ended in Sep. 2025 was $3,722 Mil. Hence, China Gas Holdings's Days Payable for the six months ended in Sep. 2025 was 86.81.

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

CGHOF' s Days Payable Range Over the Past 10 Years
Min: 55.32   Med: 78.94   Max: 141.13
Current: 79.81

During the past 13 years, China Gas Holdings's highest Days Payable was 141.13. The lowest was 55.32. And the median was 78.94.

CGHOF's Days Payable is ranked better than
54.47% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs CGHOF: 79.81

China Gas Holdings's Days Payable declined from Sep. 2024 (89.78) to Sep. 2025 (86.81). It may suggest that China Gas Holdings accelerated paying its suppliers.


China Gas Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Gas 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.

China Gas Holdings Days Payable Chart

China Gas Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.93 78.51 79.35 75.09 79.94

China Gas Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 69.33 89.78 66.64 86.81 74.20

CGHOF vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, China Gas 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.


China Gas Holdings Days Payable vs Utilities - Regulated Industry

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

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


CGHOF
74GF Score
China Gas Holdings Ltd CGHOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Gas 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.

China Gas Holdings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1826.448 + 1772.784) / 2 ) / 8747.791*365
=1799.616 / 8747.791*365
=75.09

China Gas Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1772.784 + 1768.414) / 2 ) / 3722.116*365 / 2
=1770.599 / 3722.116*365 / 2
=86.81

* 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 86.81 mean?
China Gas Holdings (CGHOF) has a Days Payable of 86.81 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Gas Holdings and its competitors. This is 10% above median its historical median of 78.94. Over the past decade, China Gas Holdings' Days Payable has ranged from 55.32 to 141.13. According to the industry distribution chart, China Gas Holdings ranks #219 out of 481 companies in the Utilities - Regulated industry, placing it in the top 45.5%.
Is China Gas Holdings' Days Payable too high?
China Gas Holdings' current Days Payable of 86.81 is 10% above median its 10-year median of 78.94. Over the past 10 years, this metric has ranged from a low of 55.32 to a high of 141.13. The Utilities - Regulated industry median Days Payable is 70.61. China Gas Holdings' value of 86.81 is 22.9% above this industry median. Based on the distribution chart, China Gas Holdings ranks #219 out of 481 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, China Gas Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Gas Holdings' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Gas Holdings ranks #219 out of 481 companies for Days Payable. This puts China Gas Holdings in the upper half of its industry. The industry median Days Payable is 70.61. China Gas Holdings' value of 86.81 is 22.9% above this benchmark. Historically, China Gas Holdings' own Days Payable has ranged from 55.32 to 141.13 over the past decade. While the company's 10-year median is 78.94 vs. the industry median of 70.61, China Gas 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 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 Gas Holdings's current Days Payable of 86.81 is 22.9% 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 China Gas Holdings 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 Gas Holdings's current Days Payable is 86.81, which is 10% above median its own 10-year median of 78.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Gas Holdings (CGHOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.17, compared to a current price of $0.95 — trading 19.1% below its estimated fair value. The current Days Payable is 86.81, which is 10% above median its 10-year median of 78.94 and 22.9% above the Utilities - Regulated industry median of 70.61. China Gas Holdings' overall GF Score™ is 74/100 with 8 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 Gas Holdings (CGHOF), the current Days Payable is 86.81 as of Sep. 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 Gas Holdings (CGHOF) Overvalued in 2026?

Based on GuruFocus' analysis, China Gas Holdings stock appears to be undervalued. The current stock price of $0.95 is trading 19.1% below its estimated GF Value™ of $1.17. GuruFocus considers China Gas Holdings to be Modestly Undervalued.

Key valuation signals for CGHOF:

  • Days Payable: 86.81 (10% above median its 10-year median of 78.94)
  • GF Value™: $1.17 vs. price of $0.95 (19.1% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 22.9% above the Utilities - Regulated median (#219 of 481)

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


China Gas Holdings Business Description

Address 188 Meiyuan Road, China Gas Building, Luohu District, Guangdong Province, Shenzhen, CHN
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2025 (ended March 31, 2025), the group had secured a total of 662 piped gas concessions and 488 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 48.5 million residential households and achieved a penetration rate of 72.9%.
74GF Score

Get the complete analysis for CGHOF

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

$0.95
Price
$1.17
GF Value