CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Days Payable: 169.75 (As of Mar. 2026) — 13% Below Median


FRA:GSZ CSSC Offshore & Marine Engineering (Group) Co Ltd FRA:GSZ
65 GF Score
Price €1.45
GF Value €2.02
! 3 Warning Signs
View Full Analysis

What is CSSC Offshore & Marine Engineering (Group) Co Days Payable?

CSSC Offshore & Marine Engineering (Group) Co FRA:GSZ 65 Days Payable is 169.75 as of Mar. 2026, which is 13% below its 10-year median of 195.62. GuruFocus rates FRA:GSZ with a GF Score™ of 65/100 and a GF Value™ of €2.02. The stock has 3 warning signs investors should review. Among 337 Aerospace & Defense companies, CSSC Offshore & Marine Engineering (Group) Co ranks better than 78.93% on this metric.

CSSC Offshore & Marine Engineering (Group) Co's average Accounts Payable for the three months ended in Mar. 2026 was €1,213 Mil. CSSC Offshore & Marine Engineering (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €652 Mil. Hence, CSSC Offshore & Marine Engineering (Group) Co's Days Payable for the three months ended in Mar. 2026 was 169.75.

The historical rank and industry rank for CSSC Offshore & Marine Engineering (Group) Co's Days Payable or its related term are showing as below:

FRA:GSZ' s Days Payable Range Over the Past 10 Years
Min: 153.64   Med: 195.62   Max: 330.04
Current: 196.18

During the past 13 years, CSSC Offshore & Marine Engineering (Group) Co's highest Days Payable was 330.04. The lowest was 153.64. And the median was 195.62.

FRA:GSZ's Days Payable is ranked better than
78.93% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs FRA:GSZ: 196.18

CSSC Offshore & Marine Engineering (Group) Co's Days Payable declined from Mar. 2025 (316.72) to Mar. 2026 (169.75). It may suggest that CSSC Offshore & Marine Engineering (Group) Co accelerated paying its suppliers.


CSSC Offshore & Marine Engineering (Group) Co Days Payable Related Terms


CSSC Offshore & Marine Engineering (Group) Co Days Payable Historical Data

* Premium members only.

The historical data trend for CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co Days Payable Chart

CSSC Offshore & Marine Engineering (Group) 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 270.07 246.89 200.81 192.69 204.18

CSSC Offshore & Marine Engineering (Group) 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 316.72 185.31 308.01 165.57 169.75

FRA:GSZ vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) 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.


CSSC Offshore & Marine Engineering (Group) Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Days Payable falls into.


FRA:GSZ
65GF Score
CSSC Offshore & Marine Engineering (Group) Co Ltd FRA:GSZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) 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
=( (1354.579 + 1152.242) / 2 ) / 2240.617*365
=1253.4105 / 2240.617*365
=204.18

CSSC Offshore & Marine Engineering (Group) 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
=( (1152.242 + 1273.634) / 2 ) / 652.004*365 / 4
=1212.938 / 652.004*365 / 4
=169.75

* 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 169.75 mean?
CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) has a Days Payable of 169.75 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 CSSC Offshore & Marine Engineering (Group) Co and its competitors. This is 13% below median its historical median of 195.62. Over the past decade, CSSC Offshore & Marine Engineering (Group) Co's Days Payable has ranged from 153.64 to 330.04. According to the industry distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #71 out of 337 companies in the Aerospace & Defense industry, placing it in the top 21.1%.
Is CSSC Offshore & Marine Engineering (Group) Co's Days Payable too high?
CSSC Offshore & Marine Engineering (Group) Co's current Days Payable of 169.75 is 13% below median its 10-year median of 195.62. Over the past 10 years, this metric has ranged from a low of 153.64 to a high of 330.04. The Aerospace & Defense industry median Days Payable is 65.05. CSSC Offshore & Marine Engineering (Group) Co's value of 169.75 is 161% above this industry median. Based on the distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #71 out of 337 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, CSSC Offshore & Marine Engineering (Group) Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does CSSC Offshore & Marine Engineering (Group) Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #71 out of 337 companies for Days Payable. This places CSSC Offshore & Marine Engineering (Group) Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.05. CSSC Offshore & Marine Engineering (Group) Co's value of 169.75 is 161% above this benchmark. Historically, CSSC Offshore & Marine Engineering (Group) Co's own Days Payable has ranged from 153.64 to 330.04 over the past decade. While the company's 10-year median is 195.62 vs. the industry median of 65.05, CSSC Offshore & Marine Engineering (Group) 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 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. CSSC Offshore & Marine Engineering (Group) Co's current Days Payable of 169.75 is 161% 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 CSSC Offshore & Marine Engineering (Group) 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. CSSC Offshore & Marine Engineering (Group) Co's current Days Payable is 169.75, which is 13% below median its own 10-year median of 195.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSSC Offshore & Marine Engineering (Group) Co stock overvalued right now?
CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) has a current Days Payable of 169.75. The stock's GF Value™ is €2.02, compared to a current price of €1.45 — trading 28.2% below its estimated fair value. The current Days Payable is 169.75, which is 13% below median its 10-year median of 195.62 and 161% above the Aerospace & Defense industry median of 65.05. CSSC Offshore & Marine Engineering (Group) Co's overall GF Score™ is 65/100 with 3 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 CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ), the current Days Payable is 169.75 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 CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Overvalued in 2026?

Based on GuruFocus' analysis, CSSC Offshore & Marine Engineering (Group) Co stock appears to be undervalued. The current stock price of €1.45 is trading 28.2% below its estimated GF Value™ of €2.02.

Key valuation signals for FRA:GSZ:

  • Days Payable: 169.75 (13% below median its 10-year median of 195.62)
  • GF Value™: €2.02 vs. price of €1.45 (28.2% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 161% above the Aerospace & Defense median (#71 of 337)

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


CSSC Offshore & Marine Engineering (Group) Co Business Description

Other Exchanges 00317:Hong Kong600685:China
Address No. 10, Jibaosha North Road, Nansha District, Guangzhou, CHN, 510250
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through the following business segments: Shipbuilding and related business which generates key revenue, Steel Structure engineering, Ship maintenance, and others.
65GF Score

Get the complete analysis for FRA:GSZ

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

€1.45
Price
€2.02
GF Value