China Conch Environment Protection Holdings (HKSE:00587) Days Payable: 118.58 (As of Dec. 2025) — 52% 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.

HKSE:00587 China Conch Environment Protection Holdings Ltd HKSE:00587
57 GF Score
Price HK$0.27
GF Value HK$0.94
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is China Conch Environment Protection Holdings Days Payable?

China Conch Environment Protection Holdings HKSE:00587 +1.89% 57 Days Payable is 118.58 as of Dec. 2025, which is 52% above its 10-year median of 78.20. GuruFocus rates HKSE:00587 with a GF Score™ of 57/100 and a GF Value™ of HK$0.94 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 233 Waste Management companies, China Conch Environment Protection Holdings ranks better than 69.96% on this metric.

China Conch Environment Protection Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$457 Mil. China Conch Environment Protection Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$703 Mil. Hence, China Conch Environment Protection Holdings's Days Payable for the six months ended in Dec. 2025 was 118.58.

The historical rank and industry rank for China Conch Environment Protection Holdings's Days Payable or its related term are showing as below:

HKSE:00587' s Days Payable Range Over the Past 10 Years
Min: 35.59   Med: 78.2   Max: 146.79
Current: 131.62

During the past 8 years, China Conch Environment Protection Holdings's highest Days Payable was 146.79. The lowest was 35.59. And the median was 78.20.

HKSE:00587's Days Payable is ranked better than
69.96% of 233 companies
in the Waste Management industry
Industry Median: 64.49 vs HKSE:00587: 131.62

China Conch Environment Protection Holdings's Days Payable declined from Dec. 2024 (128.91) to Dec. 2025 (118.58). It may suggest that China Conch Environment Protection Holdings accelerated paying its suppliers.


China Conch Environment Protection Holdings Days Payable Related Terms


China Conch Environment Protection Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Conch Environment Protection Holdings'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 Conch Environment Protection Holdings Days Payable Chart

China Conch Environment Protection Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 68.41 87.98 113.91 146.79 140.21

China Conch Environment Protection Holdings Semi-Annual Data
Dec18 Dec19 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 119.32 168.66 128.91 137.16 118.58

HKSE:00587 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, China Conch Environment Protection Holdings'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 Conch Environment Protection Holdings Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, China Conch Environment Protection Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Conch Environment Protection Holdings's Days Payable falls into.


HKSE:00587
57GF Score
China Conch Environment Protection Holdings Ltd HKSE:00587
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Conch Environment Protection Holdings 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 Conch Environment Protection Holdings'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
=( (474.633 + 516.394) / 2 ) / 1289.949*365
=495.5135 / 1289.949*365
=140.21

China Conch Environment Protection Holdings'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
=( (397.707 + 516.394) / 2 ) / 703.417*365 / 2
=457.0505 / 703.417*365 / 2
=118.58

* 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 118.58 mean?
China Conch Environment Protection Holdings (HKSE:00587) has a Days Payable of 118.58 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 Conch Environment Protection Holdings and its competitors. This is 52% above median its historical median of 78.20. Over the past decade, China Conch Environment Protection Holdings' Days Payable has ranged from 35.59 to 146.79. According to the industry distribution chart, China Conch Environment Protection Holdings ranks #70 out of 233 companies in the Waste Management industry, placing it in the top 30%.
Is China Conch Environment Protection Holdings' Days Payable too high?
China Conch Environment Protection Holdings' current Days Payable of 118.58 is 52% above median its 10-year median of 78.20. Over the past 10 years, this metric has ranged from a low of 35.59 to a high of 146.79. The Waste Management industry median Days Payable is 64.49. China Conch Environment Protection Holdings' value of 118.58 is 83.9% above this industry median. Based on the distribution chart, China Conch Environment Protection Holdings ranks #70 out of 233 companies in the Waste Management industry, which is above the industry midpoint. Overall, China Conch Environment Protection Holdings has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Conch Environment Protection Holdings' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, China Conch Environment Protection Holdings ranks #70 out of 233 companies for Days Payable. This puts China Conch Environment Protection Holdings in the upper half of its industry. The industry median Days Payable is 64.49. China Conch Environment Protection Holdings' value of 118.58 is 83.9% above this benchmark. Historically, China Conch Environment Protection Holdings' own Days Payable has ranged from 35.59 to 146.79 over the past decade. While the company's 10-year median is 78.20 vs. the industry median of 64.49, China Conch Environment Protection Holdings 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.49, based on 233 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 Conch Environment Protection Holdings's current Days Payable of 118.58 is 83.9% 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 Conch Environment Protection Holdings and its competitors. For the Waste Management industry, the median Days Payable is 64.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Conch Environment Protection Holdings's current Days Payable is 118.58, which is 52% above median its own 10-year median of 78.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Conch Environment Protection Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Conch Environment Protection Holdings (HKSE:00587) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.27 — trading 71.3% below its estimated fair value. The current Days Payable is 118.58, which is 52% above median its 10-year median of 78.20 and 83.9% above the Waste Management industry median of 64.49. China Conch Environment Protection Holdings' overall GF Score™ is 57/100 with 7 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 Conch Environment Protection Holdings (HKSE:00587), the current Days Payable is 118.58 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 Conch Environment Protection Holdings (HKSE:00587) Overvalued in 2026?

Based on GuruFocus' analysis, China Conch Environment Protection Holdings stock appears to be undervalued. The current stock price of HK$0.27 is trading 71.3% below its estimated GF Value™ of HK$0.94. GuruFocus considers China Conch Environment Protection Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00587:

  • Days Payable: 118.58 (52% above median its 10-year median of 78.20)
  • GF Value™: HK$0.94 vs. price of HK$0.27 (71.3% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 83.9% above the Waste Management median (#70 of 233)

No single metric tells the full story. See the HKSE:00587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Conch Environment Protection Holdings Business Description

Address No. 39 Wenhua Road, Jinghu District, Anhui Province, Wuhu, CHN, 241000
China Conch Environment Protection Holdings Ltd provides treatment solutions for industrial solid waste and hazardous waste, utilizing cement kiln waste treatment technologies in People's Republic of China. The company operates in a single segment of providing industrial solid waste and hazardous waste treatment services. It derives revenue from Industrial hazardous waste treatment services which includes general hazardous waste, oil sludge, fly ash, industrial solid waste treatment services, and Comprehensive resource utilization. Geographically, its revenue is derived from the PRC.
57GF Score

Get the complete analysis for HKSE:00587

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

HK$0.27
Price
HK$0.94
GF Value