China Resources and Transportation Group (FRA:ZP3C) Days Payable: 54.95 (As of Sep. 2025) — 21% Below Median


What is China Resources and Transportation Group Days Payable?

China Resources and Transportation Group FRA:ZP3C Days Payable is 54.95 as of Sep. 2025, which is 21% below its 10-year median of 69.92. The stock has 4 warning signs investors should review. Among 1,709 Construction companies, China Resources and Transportation Group ranks worse than 67.29% on this metric.

China Resources and Transportation Group's average Accounts Payable for the six months ended in Sep. 2025 was €5.40 Mil. China Resources and Transportation Group's Cost of Goods Sold for the six months ended in Sep. 2025 was €17.94 Mil. Hence, China Resources and Transportation Group's Days Payable for the six months ended in Sep. 2025 was 54.95.

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

FRA:ZP3C' s Days Payable Range Over the Past 10 Years
Min: 0.05   Med: 69.92   Max: 121.55
Current: 53.97

During the past 13 years, China Resources and Transportation Group's highest Days Payable was 121.55. The lowest was 0.05. And the median was 69.92.

FRA:ZP3C's Days Payable is ranked worse than
67.29% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs FRA:ZP3C: 53.97

China Resources and Transportation Group's Days Payable declined from Sep. 2024 (78.09) to Sep. 2025 (54.95). It may suggest that China Resources and Transportation Group accelerated paying its suppliers.

China Resources and Transportation Group Days Payable Related Terms

China Resources and Transportation Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Resources and Transportation 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 Resources and Transportation Group Days Payable Chart

China Resources and Transportation Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.62 65.08 120.00 114.36 69.50

China Resources and Transportation Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 147.56 80.04 78.09 64.29 54.95

China Resources and Transportation Group Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, China Resources and Transportation 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 Resources and Transportation Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, China Resources and Transportation Group's Days Payable distribution charts can be found below:

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


China Resources and Transportation 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 Resources and Transportation Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (9.82 + 9.796) / 2 ) / 51.507*365
=9.808 / 51.507*365
=69.50

China Resources and Transportation Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (9.796 + 1.009) / 2 ) / 17.944*365 / 2
=5.4025 / 17.944*365 / 2
=54.95

* 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 54.95 mean?
China Resources and Transportation Group (FRA:ZP3C) has a Days Payable of 54.95 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Resources and Transportation Group and its competitors. This is 21% below median its historical median of 69.92. Over the past decade, China Resources and Transportation Group's Days Payable has ranged from 0.05 to 121.55. According to the industry distribution chart, China Resources and Transportation Group ranks #1150 out of 1709 companies in the Construction industry, placing it in the top 67.3%.
Is China Resources and Transportation Group's Days Payable too high?
China Resources and Transportation Group's current Days Payable of 54.95 is 21% below median its 10-year median of 69.92. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 121.55. The Construction industry median Days Payable is 76.72. China Resources and Transportation Group's value of 54.95 is 28.4% below this industry median. Based on the distribution chart, China Resources and Transportation Group ranks #1150 out of 1709 companies in the Construction industry, which is below the industry midpoint.
How does China Resources and Transportation Group's Days Payable compare to competitors?
According to the Construction industry distribution chart, China Resources and Transportation Group ranks #1150 out of 1709 companies for Days Payable. This places China Resources and Transportation Group in the lower half of its industry. The industry median Days Payable is 76.72. China Resources and Transportation Group's value of 54.95 is 28.4% below this benchmark. Historically, China Resources and Transportation Group's own Days Payable has ranged from 0.05 to 121.55 over the past decade. While the company's 10-year median is 69.92 vs. the industry median of 76.72, China Resources and Transportation 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 Construction company?
The median Days Payable among Construction companies is 76.72, 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. China Resources and Transportation Group's current Days Payable of 54.95 is 28.4% 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 Resources and Transportation Group and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources and Transportation Group's current Days Payable is 54.95, which is 21% below median its own 10-year median of 69.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources and Transportation Group stock overvalued right now?
China Resources and Transportation Group (FRA:ZP3C) has a current Days Payable of 54.95. The current Days Payable is 54.95, which is 21% below median its 10-year median of 69.92 and 28.4% below the Construction industry median of 76.72. 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 and Transportation Group (FRA:ZP3C), the current Days Payable is 54.95 as of Sep. 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 Resources and Transportation Group Business Description

Other Exchanges 00269:Hong Kong
Address 145 Hennessy Road, 22nd Floor, On Hong Commercial Building, Wan Chai, Hong Kong, HKG
China Resources and Transportation Group Ltd is a China-based company. It operates through various business segments that are Expressway Operations, which includes operations, management, maintenance and auxiliary facility investment of Zhunxing Expressway; CNG gas stations operation includes operation of CNG gas stations; and Other Operations, which includes sales of timber logs from forest concession, tree plantation area and outside suppliers, sales of seedlings and refined plant oil. The Expressway Operations segment generates maximum revenue for the company. Geographically, the company has business operations in the PRC and Hong Kong.