China Resources Beer (Holdings) Co (FRA:CHK) Days Payable: 258.75 (As of Dec. 2025) — 449% Above Median


FRA:CHK China Resources Beer (Holdings) Co Ltd FRA:CHK
90 GF Score
Price €2.53
GF Value €3.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Resources Beer (Holdings) Co Days Payable?

China Resources Beer (Holdings) Co FRA:CHK +6.99% 90 Days Payable is 258.75 as of Dec. 2025, which is 449% above its 10-year median of 47.13. GuruFocus rates FRA:CHK with a GF Score™ of 90/100 and a GF Value™ of €3.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 202 Beverages - Alcoholic companies, China Resources Beer (Holdings) Co ranks better than 73.76% on this metric.

China Resources Beer (Holdings) Co's average Accounts Payable for the six months ended in Dec. 2025 was €1,614 Mil. China Resources Beer (Holdings) Co's Cost of Goods Sold for the six months ended in Dec. 2025 was €1,138 Mil. Hence, China Resources Beer (Holdings) Co's Days Payable for the six months ended in Dec. 2025 was 258.75.

The historical rank and industry rank for China Resources Beer (Holdings) Co's Days Payable or its related term are showing as below:

FRA:CHK' s Days Payable Range Over the Past 10 Years
Min: 28.85   Med: 47.13   Max: 167.58
Current: 167.58

During the past 13 years, China Resources Beer (Holdings) Co's highest Days Payable was 167.58. The lowest was 28.85. And the median was 47.13.

FRA:CHK's Days Payable is ranked better than
73.76% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs FRA:CHK: 167.58

China Resources Beer (Holdings) Co's Days Payable declined from Dec. 2024 (258.76) to Dec. 2025 (258.75). It may suggest that China Resources Beer (Holdings) Co accelerated paying its suppliers.


China Resources Beer (Holdings) Co Days Payable Related Terms


China Resources Beer (Holdings) Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Resources Beer (Holdings) 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.

China Resources Beer (Holdings) Co Days Payable Chart

China Resources Beer (Holdings) 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 46.92 55.76 52.66 50.62 55.67

China Resources Beer (Holdings) Co 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 251.09 198.31 258.76 202.55 258.75

FRA:CHK vs BUD, STZ, TAP: Days Payable Comparison

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) 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.


China Resources Beer (Holdings) Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's Days Payable falls into.


FRA:CHK
90GF Score
China Resources Beer (Holdings) Co Ltd FRA:CHK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Beer (Holdings) 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.

China Resources Beer (Holdings) 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
=( (426.167 + 373.698) / 2 ) / 2622.068*365
=399.9325 / 2622.068*365
=55.67

China Resources Beer (Holdings) 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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2853.817 + 373.698) / 2 ) / 1138.19*365 / 2
=1613.7575 / 1138.19*365 / 2
=258.75

* 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 258.75 mean?
China Resources Beer (Holdings) Co (FRA:CHK) has a Days Payable of 258.75 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 Resources Beer (Holdings) Co and its competitors. This is 449% above median its historical median of 47.13. Over the past decade, China Resources Beer (Holdings) Co's Days Payable has ranged from 28.85 to 167.58. According to the industry distribution chart, China Resources Beer (Holdings) Co ranks #53 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 26.2%.
Is China Resources Beer (Holdings) Co's Days Payable too high?
China Resources Beer (Holdings) Co's current Days Payable of 258.75 is 449% above median its 10-year median of 47.13. Over the past 10 years, this metric has ranged from a low of 28.85 to a high of 167.58. The Beverages - Alcoholic industry median Days Payable is 82.04. China Resources Beer (Holdings) Co's value of 258.75 is 215.4% above this industry median. Based on the distribution chart, China Resources Beer (Holdings) Co ranks #53 out of 202 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beer (Holdings) Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Beer (Holdings) Co's Days Payable compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, China Resources Beer (Holdings) Co ranks #53 out of 202 companies for Days Payable. This puts China Resources Beer (Holdings) Co in the upper half of its industry. The industry median Days Payable is 82.04. China Resources Beer (Holdings) Co's value of 258.75 is 215.4% above this benchmark. Historically, China Resources Beer (Holdings) Co's own Days Payable has ranged from 28.85 to 167.58 over the past decade. While the company's 10-year median is 47.13 vs. the industry median of 82.04, China Resources Beer (Holdings) Co 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 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 Resources Beer (Holdings) Co's current Days Payable of 258.75 is 215.4% 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 Resources Beer (Holdings) Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beer (Holdings) Co's current Days Payable is 258.75, which is 449% above median its own 10-year median of 47.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beer (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co (FRA:CHK) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.27, compared to a current price of €2.53 — trading 22.8% below its estimated fair value. The current Days Payable is 258.75, which is 449% above median its 10-year median of 47.13 and 215.4% above the Beverages - Alcoholic industry median of 82.04. China Resources Beer (Holdings) Co's overall GF Score™ is 90/100 with 4 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 Resources Beer (Holdings) Co (FRA:CHK), the current Days Payable is 258.75 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 China Resources Beer (Holdings) Co (FRA:CHK) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Beer (Holdings) Co stock appears to be undervalued. The current stock price of €2.53 is trading 22.8% below its estimated GF Value™ of €3.27. GuruFocus considers China Resources Beer (Holdings) Co to be Modestly Undervalued.

Key valuation signals for FRA:CHK:

  • Days Payable: 258.75 (449% above median its 10-year median of 47.13)
  • GF Value™: €3.27 vs. price of €2.53 (22.8% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 215.4% above the Beverages - Alcoholic median (#53 of 202)

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


China Resources Beer (Holdings) Co Business Description

Address Xuehua Road, Xin\'an Street, No. 2, 30th Floor, Snow Beer Headquarters Building, 70th District, Bao\'an District, Shenzhen, CHN
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
90GF Score

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

€2.53
Price
€3.27
GF Value