CITAF (Cosco Shipping Development Co) Days Payable: 62.55 (As of Mar. 2026) — 13% Below Median


CITAF Cosco Shipping Development Co Ltd CITAF
44 GF Score
Price $0.12
GF Value $0.17
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Cosco Shipping Development Co Days Payable?

Cosco Shipping Development Co CITAF 44 Days Payable is 62.55 as of Mar. 2026, which is 13% below its 10-year median of 72.04. GuruFocus rates CITAF with a GF Score™ of 44/100 and a GF Value™ of $0.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 337 Aerospace & Defense companies, Cosco Shipping Development Co ranks worse than 50.45% on this metric.

Cosco Shipping Development Co's average Accounts Payable for the three months ended in Mar. 2026 was $510 Mil. Cosco Shipping Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $744 Mil. Hence, Cosco Shipping Development Co's Days Payable for the three months ended in Mar. 2026 was 62.55.

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

CITAF' s Days Payable Range Over the Past 10 Years
Min: 51.8   Med: 72.04   Max: 110.25
Current: 64.7

During the past 13 years, Cosco Shipping Development Co's highest Days Payable was 110.25. The lowest was 51.80. And the median was 72.04.

CITAF's Days Payable is ranked worse than
50.45% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs CITAF: 64.70

Cosco Shipping Development Co's Days Payable declined from Mar. 2025 (80.45) to Mar. 2026 (62.55). It may suggest that Cosco Shipping Development Co accelerated paying its suppliers.


Cosco Shipping Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Days Payable Chart

Cosco Shipping Development 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 64.27 67.69 85.63 52.21 67.01

Cosco Shipping Development 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 80.45 62.51 58.42 80.29 62.55

CITAF vs GE, RTX, BA: Days Payable Comparison

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.


Cosco Shipping Development Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Days Payable falls into.


CITAF
44GF Score
Cosco Shipping Development Co Ltd CITAF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cosco Shipping Development 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.

Cosco Shipping Development 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
=( (531.632 + 530.114) / 2 ) / 2891.704*365
=530.873 / 2891.704*365
=67.01

Cosco Shipping Development 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
=( (530.114 + 490.272) / 2 ) / 744.332*365 / 4
=510.193 / 744.332*365 / 4
=62.55

* 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 62.55 mean?
Cosco Shipping Development Co (CITAF) has a Days Payable of 62.55 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 Cosco Shipping Development Co and its competitors. This is 13% below median its historical median of 72.04. Over the past decade, Cosco Shipping Development Co's Days Payable has ranged from 51.80 to 110.25. According to the industry distribution chart, Cosco Shipping Development Co ranks #170 out of 337 companies in the Aerospace & Defense industry, placing it in the top 50.4%.
Is Cosco Shipping Development Co's Days Payable too high?
Cosco Shipping Development Co's current Days Payable of 62.55 is 13% below median its 10-year median of 72.04. Over the past 10 years, this metric has ranged from a low of 51.80 to a high of 110.25. The Aerospace & Defense industry median Days Payable is 65.05. Cosco Shipping Development Co's value of 62.55 is 3.8% below this industry median. Based on the distribution chart, Cosco Shipping Development Co ranks #170 out of 337 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Cosco Shipping Development Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cosco Shipping Development Co's Days Payable compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Cosco Shipping Development Co ranks #170 out of 337 companies for Days Payable. This places Cosco Shipping Development Co in the lower half of its industry. The industry median Days Payable is 65.05. Cosco Shipping Development Co's value of 62.55 is 3.8% below this benchmark. Historically, Cosco Shipping Development Co's own Days Payable has ranged from 51.80 to 110.25 over the past decade. While the company's 10-year median is 72.04 vs. the industry median of 65.05, Cosco Shipping Development 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Cosco Shipping Development Co's current Days Payable of 62.55 is 3.8% 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 Cosco Shipping Development Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosco Shipping Development Co's current Days Payable is 62.55, which is 13% below median its own 10-year median of 72.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosco Shipping Development Co stock overvalued right now?
Based on GuruFocus' analysis, Cosco Shipping Development Co (CITAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.17, compared to a current price of $0.12 — trading 29.4% below its estimated fair value. The current Days Payable is 62.55, which is 13% below median its 10-year median of 72.04 and 3.8% below the Aerospace & Defense industry median of 65.05. Cosco Shipping Development Co's overall GF Score™ is 44/100 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 Cosco Shipping Development Co (CITAF), the current Days Payable is 62.55 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 Cosco Shipping Development Co (CITAF) Overvalued in 2026?

Based on GuruFocus' analysis, Cosco Shipping Development Co stock appears to be undervalued. The current stock price of $0.12 is trading 29.4% below its estimated GF Value™ of $0.17. GuruFocus considers Cosco Shipping Development Co to be Modestly Undervalued.

Key valuation signals for CITAF:

  • Days Payable: 62.55 (13% below median its 10-year median of 72.04)
  • GF Value™: $0.17 vs. price of $0.12 (29.4% below fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 3.8% below the Aerospace & Defense median (#170 of 337)

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


Cosco Shipping Development Co Business Description

Address Lane 1318 Shangcheng Road, No. 1 Building, Pudong New Area, Shanghai, CHN, 200127
Cosco Shipping Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping leasing and container leasing business segment, which derives maximum revenue, renders vessel chartering, container leasing, and finance lease services; the Container manufacturing segment, which manufactures and sells containers; the Investment management business segment, which focuses on equity or debt investment and insurance brokerage services. geographically , the company derives maximum revenue from Chinese Mainland.
44GF Score

Get the complete analysis for CITAF

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

$0.12
Price
$0.17
GF Value