China Ecotourism Group (FRA:WORA) Days Payable: 27.70 (As of Dec. 2025) — 36% Above Median

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FRA:WORA China Ecotourism Group Ltd FRA:WORA
38 GF Score
Price €0.12
GF Value €0.18
! 5 Warning Signs
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What is China Ecotourism Group Days Payable?

China Ecotourism Group FRA:WORA 38 Days Payable is 27.70 as of Dec. 2025, which is 36% above its 10-year median of 20.30. GuruFocus rates FRA:WORA with a GF Score™ of 38/100 and a GF Value™ of €0.18. The stock has 5 warning signs investors should review. Among 777 Travel & Leisure companies, China Ecotourism Group ranks worse than 75.29% on this metric.

China Ecotourism Group's average Accounts Payable for the six months ended in Dec. 2025 was €0.48 Mil. China Ecotourism Group's Cost of Goods Sold for the six months ended in Dec. 2025 was €3.18 Mil. Hence, China Ecotourism Group's Days Payable for the six months ended in Dec. 2025 was 27.70.

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

FRA:WORA' s Days Payable Range Over the Past 10 Years
Min: 6.63   Med: 20.3   Max: 37.24
Current: 27.94

During the past 13 years, China Ecotourism Group's highest Days Payable was 37.24. The lowest was 6.63. And the median was 20.30.

FRA:WORA's Days Payable is ranked worse than
75.29% of 777 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs FRA:WORA: 27.94

China Ecotourism Group's Days Payable increased from Dec. 2024 (9.44) to Dec. 2025 (27.70). It may suggest that China Ecotourism Group delayed paying its suppliers.


China Ecotourism Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Ecotourism 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 Ecotourism Group Days Payable Chart

China Ecotourism Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 15.16 20.82 20.16 26.27

China Ecotourism Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 13.63 68.07 9.44 38.78 27.70

FRA:WORA vs FLUT, DKNG, SGHC: Days Payable Comparison

For the Gambling subindustry, China Ecotourism 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 Ecotourism Group Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Days Payable distribution charts can be found below:

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


FRA:WORA
38GF Score
China Ecotourism Group Ltd FRA:WORA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Ecotourism 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 Ecotourism Group's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.387 + 0.296) / 2 ) / 4.744*365
=0.3415 / 4.744*365
=26.27

China Ecotourism 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
=( (0.654 + 0.312) / 2 ) / 3.182*365 / 2
=0.483 / 3.182*365 / 2
=27.70

* 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 27.70 mean?
China Ecotourism Group (FRA:WORA) has a Days Payable of 27.70 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 Ecotourism Group and its competitors. This is 36% above median its historical median of 20.30. Over the past decade, China Ecotourism Group's Days Payable has ranged from 6.63 to 37.24. According to the industry distribution chart, China Ecotourism Group ranks #585 out of 777 companies in the Travel & Leisure industry, placing it in the top 75.3%.
Is China Ecotourism Group's Days Payable too high?
China Ecotourism Group's current Days Payable of 27.70 is 36% above median its 10-year median of 20.30. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 37.24. The Travel & Leisure industry median Days Payable is 57.32. China Ecotourism Group's value of 27.70 is 51.7% below this industry median. Based on the distribution chart, China Ecotourism Group ranks #585 out of 777 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, China Ecotourism Group has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does China Ecotourism Group's Days Payable compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, China Ecotourism Group ranks #585 out of 777 companies for Days Payable. This places China Ecotourism Group in the lower half of its industry. The industry median Days Payable is 57.32. China Ecotourism Group's value of 27.70 is 51.7% below this benchmark. Historically, China Ecotourism Group's own Days Payable has ranged from 6.63 to 37.24 over the past decade. While the company's 10-year median is 20.30 vs. the industry median of 57.32, China Ecotourism Group 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.32, based on 777 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 Ecotourism Group's current Days Payable of 27.70 is 51.7% 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 China Ecotourism Group and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Ecotourism Group's current Days Payable is 27.70, which is 36% above median its own 10-year median of 20.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ecotourism Group stock overvalued right now?
China Ecotourism Group (FRA:WORA) has a current Days Payable of 27.70. The stock's GF Value™ is €0.18, compared to a current price of €0.12 — trading 33.3% below its estimated fair value. The current Days Payable is 27.70, which is 36% above median its 10-year median of 20.30 and 51.7% below the Travel & Leisure industry median of 57.32. China Ecotourism Group's overall GF Score™ is 38/100 with 5 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 Ecotourism Group (FRA:WORA), the current Days Payable is 27.70 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 Ecotourism Group (FRA:WORA) Overvalued in 2026?

Based on GuruFocus' analysis, China Ecotourism Group stock appears to be undervalued. The current stock price of €0.12 is trading 33.3% below its estimated GF Value™ of €0.18.

Key valuation signals for FRA:WORA:

  • Days Payable: 27.70 (36% above median its 10-year median of 20.30)
  • GF Value™: €0.18 vs. price of €0.12 (33.3% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 51.7% below the Travel & Leisure median (#585 of 777)

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


China Ecotourism Group Business Description

Other Exchanges 01371:Hong Kong
Address 39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and operation services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; Ecotourism; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
38GF Score

Get the complete analysis for FRA:WORA

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

€0.12
Price
€0.18
GF Value