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What is China Environmental Technology Holdings Days Payable?
China Environmental Technology HoldingsHKSE:00646 9 Days Payable is 8,721.38 as of Dec. 2025, which is 110% above its 10-year median of 4,153.98. GuruFocus rates HKSE:00646 with a GF Score™ of 9/100 and a GF Value™ of HK$0.19 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 233 Waste Management companies, China Environmental Technology Holdings ranks better than 99.14% on this metric.
* 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 Environmental Technology Holdings Days Payable Chart
China Environmental Technology Holdings Annual Data
HKSE:00646 vs WM, RSG, WCN: Days Payable Comparison
For the Waste Management subindustry, China Environmental Technology 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 Environmental Technology Holdings Days Payable vs Waste Management Industry
China Environmental Technology 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.
* 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 Environmental Technology Holdings (HKSE:00646) has a Days Payable of 8,721.38 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 Environmental Technology Holdings and its competitors. This is 110% above median its historical median of 4,153.98. Over the past decade, China Environmental Technology Holdings' Days Payable has ranged from 306.91 to 14,122.54. According to the industry distribution chart, China Environmental Technology Holdings ranks #2 out of 233 companies in the Waste Management industry, placing it in the top 0.90000000000001%.
Is China Environmental Technology Holdings' Days Payable too high?
China Environmental Technology Holdings' current Days Payable of 8,721.38 is 110% above median its 10-year median of 4,153.98. Over the past 10 years, this metric has ranged from a low of 306.91 to a high of 14,122.54. The Waste Management industry median Days Payable is 64.49. China Environmental Technology Holdings' value of 8,721.38 is 13423.6% above this industry median. Based on the distribution chart, China Environmental Technology Holdings ranks #2 out of 233 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, China Environmental Technology Holdings has a GF Score™ of 9/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Environmental Technology Holdings' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, China Environmental Technology Holdings ranks #2 out of 233 companies for Days Payable. This places China Environmental Technology Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.49. China Environmental Technology Holdings' value of 8,721.38 is 13423.6% above this benchmark. Historically, China Environmental Technology Holdings' own Days Payable has ranged from 306.91 to 14,122.54 over the past decade. While the company's 10-year median is 4,153.98 vs. the industry median of 64.49, China Environmental Technology 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 Environmental Technology Holdings's current Days Payable of 8,721.38 is 13423.6% 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 Environmental Technology 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 Environmental Technology Holdings's current Days Payable is 8,721.38, which is 110% above median its own 10-year median of 4,153.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Environmental Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Environmental Technology Holdings (HKSE:00646) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.13 — trading 31.6% below its estimated fair value. The current Days Payable is 8,721.38, which is 110% above median its 10-year median of 4,153.98 and 13423.6% above the Waste Management industry median of 64.49. China Environmental Technology Holdings' overall GF Score™ is 9/100 with 8 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 Environmental Technology Holdings (HKSE:00646), the current Days Payable is 8,721.38 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 Environmental Technology Holdings (HKSE:00646) Overvalued in 2026?
Based on GuruFocus' analysis, China Environmental Technology Holdings stock appears to be undervalued.
The current stock price of HK$0.13 is trading 31.6% below its estimated GF Value™ of HK$0.19.
GuruFocus considers China Environmental Technology Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00646:
Days Payable: 8,721.38 (110% above median its 10-year median of 4,153.98)
GF Value™: HK$0.19 vs. price of HK$0.13 (31.6% below fair value)
Industry Position: 13423.6% above the Waste Management median (#2 of 233)
No single metric tells the full story. See the HKSE:00646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Environmental Technology Holdings Ltd is engaged in the environmental protection business, including trading of machinery and equipment, environmental protection technology, equipment system integration, cities and towns wastewater treatment and project technical service, and health-related products and services. It operates through three segments: the Wastewater Treatment segment, which generates key revenue and engages in the provision of wastewater treatment plants construction and operation services, as well as the trading of wastewater treatment facilities and machinery, and the provision of related services; the Healthcare segment and the Energy management segment. Geographically, the company generates the majority of its revenue from the PRC.
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