CHNSF (China Starch Holdings) Days Payable: 17.69 (As of Jun. 2026) — 141% Above Median

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CHNSF China Starch Holdings Ltd CHNSF
56 GF Score
Price $0.02
GF Value $0.02
! 7 Warning Signs
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What is China Starch Holdings Days Payable?

China Starch Holdings CHNSF 56 Days Payable is 17.69 as of Jun. 2026, which is 141% above its 10-year median of 7.35. GuruFocus rates CHNSF with a GF Score™ of 56/100 and a GF Value™ of $0.02. The stock has 7 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, China Starch Holdings ranks worse than 91.69% on this metric.

China Starch Holdings's average Accounts Payable for the six months ended in Jun. 2026 was $70 Mil. China Starch Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was $721 Mil. Hence, China Starch Holdings's Days Payable for the six months ended in Jun. 2026 was 17.69.

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

CHNSF' s Days Payable Range Over the Past 10 Years
Min: 5.33   Med: 7.35   Max: 17.74
Current: 13.97

During the past 13 years, China Starch Holdings's highest Days Payable was 17.74. The lowest was 5.33. And the median was 7.35.

CHNSF's Days Payable is ranked worse than
91.69% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 44.21 vs CHNSF: 13.97

China Starch Holdings's Days Payable increased from Jun. 2025 (6.07) to Jun. 2026 (17.69). It may suggest that China Starch Holdings delayed paying its suppliers.


China Starch Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Starch 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 Starch Holdings Days Payable Chart

China Starch 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 6.50 6.97 5.48 5.32 10.08

China Starch Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 7.58 8.01 6.07 9.87 17.69

CHNSF vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, China Starch 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 Starch Holdings Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Starch Holdings's Days Payable distribution charts can be found below:

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


CHNSF
56GF Score
China Starch Holdings Ltd CHNSF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Starch 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 Starch 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
=( (21.934 + 52.705) / 2 ) / 1351.31*365
=37.3195 / 1351.31*365
=10.08

China Starch Holdings's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (52.705 + 87.2) / 2 ) / 721.499*365 / 2
=69.9525 / 721.499*365 / 2
=17.69

* 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 17.69 mean?
China Starch Holdings (CHNSF) has a Days Payable of 17.69 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Starch Holdings and its competitors. This is 141% above median its historical median of 7.35. Over the past decade, China Starch Holdings' Days Payable has ranged from 5.33 to 17.74. According to the industry distribution chart, China Starch Holdings ranks #1744 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 91.7%.
Is China Starch Holdings' Days Payable too high?
China Starch Holdings' current Days Payable of 17.69 is 141% above median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 17.74. The Consumer Packaged Goods industry median Days Payable is 44.21. China Starch Holdings' value of 17.69 is 60% below this industry median. Based on the distribution chart, China Starch Holdings ranks #1744 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, China Starch Holdings has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does China Starch Holdings' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, China Starch Holdings ranks #1744 out of 1902 companies for Days Payable. This places China Starch Holdings in the lower half of its industry. The industry median Days Payable is 44.21. China Starch Holdings' value of 17.69 is 60% below this benchmark. Historically, China Starch Holdings' own Days Payable has ranged from 5.33 to 17.74 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 44.21, China Starch Holdings 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.21, based on 1,902 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 Starch Holdings's current Days Payable of 17.69 is 60% 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 Starch Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Starch Holdings's current Days Payable is 17.69, which is 141% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Starch Holdings stock overvalued right now?
China Starch Holdings (CHNSF) has a current Days Payable of 17.69. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading right at its estimated fair value. The current Days Payable is 17.69, which is 141% above median its 10-year median of 7.35 and 60% below the Consumer Packaged Goods industry median of 44.21. China Starch Holdings' overall GF Score™ is 56/100 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 Starch Holdings (CHNSF), the current Days Payable is 17.69 as of Jun. 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 China Starch Holdings (CHNSF) Overvalued in 2026?

Based on GuruFocus' analysis, China Starch Holdings stock appears to be undervalued. The current stock price of $0.02 is trading 0% below its estimated GF Value™ of $0.02.

Key valuation signals for CHNSF:

  • Days Payable: 17.69 (141% above median its 10-year median of 7.35)
  • GF Value™: $0.02 vs. price of $0.02 (0% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 60% below the Consumer Packaged Goods median (#1744 of 1902)

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


China Starch Holdings Business Description

Other Exchanges 03838:Hong Kong
Address 39 Gloucester Road, Room 1101-1104, 11th Floor, Harcourt House, Wanchai, Hong Kong, HKG
China Starch Holdings Ltd principal activity of the Company is investment holding. The Company manufacture and sales of cornstarch, lysine, starch-based sweetener, modified starch and its related products. The group has two segments Upstream products which manufacture and sales of cornstarch and ancillary corn-refined products, and Fermented and downstream products which manufacture and sales of lysine, starch-based sweetener, modified starch and other products. Majority of revenue comes from Upstream Products. The Group's is predominately attributable to a single geographical region, which is the PRC.
56GF Score

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

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