China Chengtong Development Group (FRA:CCO) Days Payable: 95.23 (As of Dec. 2025) — 874% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:CCO China Chengtong Development Group Ltd FRA:CCO
28 GF Score
Price €0.01
! 6 Warning Signs
View Full Analysis

What is China Chengtong Development Group Days Payable?

China Chengtong Development Group FRA:CCO 28 Days Payable is 95.23 as of Dec. 2025, which is 874% above its 10-year median of 9.78. GuruFocus rates FRA:CCO with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 302 Credit Services companies, China Chengtong Development Group ranks better than 72.85% on this metric.

China Chengtong Development Group's average Accounts Payable for the six months ended in Dec. 2025 was €12.23 Mil. China Chengtong Development Group's Cost of Goods Sold for the six months ended in Dec. 2025 was €23.44 Mil. Hence, China Chengtong Development Group's Days Payable for the six months ended in Dec. 2025 was 95.23.

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

FRA:CCO' s Days Payable Range Over the Past 10 Years
Min: 4.29   Med: 9.78   Max: 259.46
Current: 119.73

During the past 13 years, China Chengtong Development Group's highest Days Payable was 259.46. The lowest was 4.29. And the median was 9.78.

FRA:CCO's Days Payable is ranked better than
72.85% of 302 companies
in the Credit Services industry
Industry Median: 32.59 vs FRA:CCO: 119.73

China Chengtong Development Group's Days Payable declined from Dec. 2024 (209.96) to Dec. 2025 (95.23). It may suggest that China Chengtong Development Group accelerated paying its suppliers.


China Chengtong Development Group Days Payable Related Terms


China Chengtong Development Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Chengtong Development 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 Chengtong Development Group Days Payable Chart

China Chengtong Development 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 4.03 69.80 264.71 179.11 80.29

China Chengtong Development 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 203.11 205.40 209.96 234.26 95.23

FRA:CCO vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, China Chengtong Development 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 Chengtong Development Group Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, China Chengtong Development Group's Days Payable distribution charts can be found below:

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


FRA:CCO
28GF Score
China Chengtong Development Group Ltd FRA:CCO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Chengtong Development 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 Chengtong Development 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
=( (13.815 + 2.576) / 2 ) / 37.258*365
=8.1955 / 37.258*365
=80.29

China Chengtong Development 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
=( (21.888 + 2.576) / 2 ) / 23.441*365 / 2
=12.232 / 23.441*365 / 2
=95.23

* 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 95.23 mean?
China Chengtong Development Group (FRA:CCO) has a Days Payable of 95.23 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 Chengtong Development Group and its competitors. This is 874% above median its historical median of 9.78. Over the past decade, China Chengtong Development Group's Days Payable has ranged from 4.29 to 259.46. According to the industry distribution chart, China Chengtong Development Group ranks #82 out of 302 companies in the Credit Services industry, placing it in the top 27.2%.
Is China Chengtong Development Group's Days Payable too high?
China Chengtong Development Group's current Days Payable of 95.23 is 874% above median its 10-year median of 9.78. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 259.46. The Credit Services industry median Days Payable is 32.59. China Chengtong Development Group's value of 95.23 is 192.2% above this industry median. Based on the distribution chart, China Chengtong Development Group ranks #82 out of 302 companies in the Credit Services industry, which is above the industry midpoint. Overall, China Chengtong Development Group has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does China Chengtong Development Group's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, China Chengtong Development Group ranks #82 out of 302 companies for Days Payable. This puts China Chengtong Development Group in the upper half of its industry. The industry median Days Payable is 32.59. China Chengtong Development Group's value of 95.23 is 192.2% above this benchmark. Historically, China Chengtong Development Group's own Days Payable has ranged from 4.29 to 259.46 over the past decade. While the company's 10-year median is 9.78 vs. the industry median of 32.59, China Chengtong Development Group 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 a Credit Services company?
The median Days Payable among Credit Services companies is 32.59, based on 302 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 Chengtong Development Group's current Days Payable of 95.23 is 192.2% 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 Chengtong Development Group and its competitors. For the Credit Services industry, the median Days Payable is 32.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Chengtong Development Group's current Days Payable is 95.23, which is 874% above median its own 10-year median of 9.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Chengtong Development Group stock overvalued right now?
China Chengtong Development Group (FRA:CCO) has a current Days Payable of 95.23. The current Days Payable is 95.23, which is 874% above median its 10-year median of 9.78 and 192.2% above the Credit Services industry median of 32.59. China Chengtong Development Group's overall GF Score™ is 28/100 with 6 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 Chengtong Development Group (FRA:CCO), the current Days Payable is 95.23 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.

China Chengtong Development Group Business Description

Other Exchanges 00217:Hong Kong
Address 189 Des Voeux Road Central, 22nd Floor, Li Po Chun Chambers, Hong Kong, HKG
China Chengtong Development Group Ltd is an investment holding company and has its operations divided into business segments: property development and investment, leasing, and marine recreation services and hotels. The property development and investment segment offers sales of properties and holding investment properties for appreciation and/ or providing rental services. The leasing segment provides leasing services, including finance lease, sale and leaseback, and operating lease services, and the Marine recreation services and hotel segment provides marine recreation and hotel services. It generates the majority of its revenue from the leasing segment.
28GF Score

Get the complete analysis for FRA:CCO

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

€0.01
Price