Chengdu Expressway Co (FRA:3E8) Days Payable: 37.55 (As of Dec. 2025) — 75% Below Median


FRA:3E8 Chengdu Expressway Co Ltd FRA:3E8
86 GF Score
Price €0.19
GF Value €0.22
! 2 Warning Signs
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What is Chengdu Expressway Co Days Payable?

Chengdu Expressway Co FRA:3E8 86 Days Payable is 37.55 as of Dec. 2025, which is 75% below its 10-year median of 151.91. GuruFocus rates FRA:3E8 with a GF Score™ of 86/100 and a GF Value™ of €0.22. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, Chengdu Expressway Co ranks worse than 51.32% on this metric.

Chengdu Expressway Co's average Accounts Payable for the three months ended in Dec. 2025 was €25.0 Mil. Chengdu Expressway Co's Cost of Goods Sold for the three months ended in Dec. 2025 was €60.7 Mil. Hence, Chengdu Expressway Co's Days Payable for the three months ended in Dec. 2025 was 37.55.

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

FRA:3E8' s Days Payable Range Over the Past 10 Years
Min: 40.58   Med: 151.91   Max: 264.04
Current: 74.03

During the past 11 years, Chengdu Expressway Co's highest Days Payable was 264.04. The lowest was 40.58. And the median was 151.91.

FRA:3E8's Days Payable is ranked worse than
51.32% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs FRA:3E8: 74.03

Chengdu Expressway Co's Days Payable declined from Sep. 2024 (90.45) to Dec. 2025 (37.55). It may suggest that Chengdu Expressway Co accelerated paying its suppliers.


Chengdu Expressway Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chengdu Expressway 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.

Chengdu Expressway Co Days Payable Chart

Chengdu Expressway 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 182.05 166.62 125.26 69.07 42.74

Chengdu Expressway Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 90.45 51.83 0.00 37.02 37.55

Chengdu Expressway Co Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Chengdu Expressway 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.


Chengdu Expressway Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Chengdu Expressway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Expressway Co's Days Payable falls into.


FRA:3E8
86GF Score
Chengdu Expressway Co Ltd FRA:3E8
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Expressway 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.

Chengdu Expressway 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
=( (24.634 + 27.439) / 2 ) / 222.353*365
=26.0365 / 222.353*365
=42.74

Chengdu Expressway Co'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (22.527 + 27.439) / 2 ) / 60.711*365 / 4
=24.983 / 60.711*365 / 4
=37.55

* 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 37.55 mean?
Chengdu Expressway Co (FRA:3E8) has a Days Payable of 37.55 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 Chengdu Expressway Co and its competitors. This is 75% below median its historical median of 151.91. Over the past decade, Chengdu Expressway Co's Days Payable has ranged from 40.58 to 264.04. According to the industry distribution chart, Chengdu Expressway Co ranks #877 out of 1709 companies in the Construction industry, placing it in the top 51.3%.
Is Chengdu Expressway Co's Days Payable too high?
Chengdu Expressway Co's current Days Payable of 37.55 is 75% below median its 10-year median of 151.91. Over the past 10 years, this metric has ranged from a low of 40.58 to a high of 264.04. The Construction industry median Days Payable is 76.67. Chengdu Expressway Co's value of 37.55 is 51% below this industry median. Based on the distribution chart, Chengdu Expressway Co ranks #877 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Chengdu Expressway Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Expressway Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Chengdu Expressway Co ranks #877 out of 1709 companies for Days Payable. This places Chengdu Expressway Co in the lower half of its industry. The industry median Days Payable is 76.67. Chengdu Expressway Co's value of 37.55 is 51% below this benchmark. Historically, Chengdu Expressway Co's own Days Payable has ranged from 40.58 to 264.04 over the past decade. While the company's 10-year median is 151.91 vs. the industry median of 76.67, Chengdu Expressway 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 a Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Chengdu Expressway Co's current Days Payable of 37.55 is 51% 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 Chengdu Expressway Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Expressway Co's current Days Payable is 37.55, which is 75% below median its own 10-year median of 151.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Expressway Co stock overvalued right now?
Chengdu Expressway Co (FRA:3E8) has a current Days Payable of 37.55. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 13.6% below its estimated fair value. The current Days Payable is 37.55, which is 75% below median its 10-year median of 151.91 and 51% below the Construction industry median of 76.67. Chengdu Expressway Co's overall GF Score™ is 86/100 with 2 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 Chengdu Expressway Co (FRA:3E8), the current Days Payable is 37.55 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 Chengdu Expressway Co (FRA:3E8) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Expressway Co stock appears to be undervalued. The current stock price of €0.19 is trading 13.6% below its estimated GF Value™ of €0.22.

Key valuation signals for FRA:3E8:

  • Days Payable: 37.55 (75% below median its 10-year median of 151.91)
  • GF Value™: €0.22 vs. price of €0.19 (13.6% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 51% below the Construction median (#877 of 1709)

No single metric tells the full story. See the FRA:3E8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Expressway Co Business Description

Other Exchanges 01785:Hong Kong
Address No. 66 Shenghe 1st Road, 9th Floor, Chengnan Tianfu Building, High-Tech Zone, Sichuan, Chengdu, CHN
Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province and retailing of refined oil. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Mainland China; and the Energy Investment segment comprises the operation of petrol stations and a gas station in Mainland China. It derives majority of the revenue from Expressway segment.
86GF Score

Get the complete analysis for FRA:3E8

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

€0.19
Price
€0.22
GF Value