China Dredging Environment Protection Holdings (HKSE:00871) Days Payable: 212.38 (As of Dec. 2025) — 22% Above Median

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What is China Dredging Environment Protection Holdings Days Payable?

China Dredging Environment Protection Holdings HKSE:00871 Days Payable is 212.38 as of Dec. 2025, which is 22% above its 10-year median of 174.33. The stock has 4 warning signs investors should review. Among 1,721 Construction companies, China Dredging Environment Protection Holdings ranks better than 84.83% on this metric.

China Dredging Environment Protection Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$156.1 Mil. China Dredging Environment Protection Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$134.1 Mil. Hence, China Dredging Environment Protection Holdings's Days Payable for the six months ended in Dec. 2025 was 212.38.

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

HKSE:00871' s Days Payable Range Over the Past 10 Years
Min: 129.24   Med: 174.33   Max: 304.55
Current: 233.58

During the past 13 years, China Dredging Environment Protection Holdings's highest Days Payable was 304.55. The lowest was 129.24. And the median was 174.33.

HKSE:00871's Days Payable is ranked better than
84.83% of 1721 companies
in the Construction industry
Industry Median: 76.6 vs HKSE:00871: 233.58

China Dredging Environment Protection Holdings's Days Payable increased from Dec. 2024 (209.61) to Dec. 2025 (212.38). It may suggest that China Dredging Environment Protection Holdings delayed paying its suppliers.


China Dredging Environment Protection Holdings Days Payable Related Terms


China Dredging Environment Protection Holdings Days Payable Historical Data

* Premium members only.

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

China Dredging Environment Protection Holdings 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 145.46 196.07 193.78 227.32 242.02

China Dredging Environment Protection Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.32 216.45 209.61 245.42 212.38

HKSE:00871 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, China Dredging 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 Dredging Environment Protection Holdings Days Payable vs Construction Industry

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

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



China Dredging 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 Dredging 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
=( (197.171 + 156.51) / 2 ) / 266.702*365
=176.8405 / 266.702*365
=242.02

China Dredging 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
=( (155.646 + 156.51) / 2 ) / 134.121*365 / 2
=156.078 / 134.121*365 / 2
=212.38

* 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 212.38 mean?
China Dredging Environment Protection Holdings (HKSE:00871) has a Days Payable of 212.38 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 Dredging Environment Protection Holdings and its competitors. This is 22% above median its historical median of 174.33. Over the past decade, China Dredging Environment Protection Holdings' Days Payable has ranged from 129.24 to 304.55. According to the industry distribution chart, China Dredging Environment Protection Holdings ranks #261 out of 1721 companies in the Construction industry, placing it in the top 15.2%.
Is China Dredging Environment Protection Holdings' Days Payable too high?
China Dredging Environment Protection Holdings' current Days Payable of 212.38 is 22% above median its 10-year median of 174.33. Over the past 10 years, this metric has ranged from a low of 129.24 to a high of 304.55. The Construction industry median Days Payable is 76.60. China Dredging Environment Protection Holdings' value of 212.38 is 177.3% above this industry median. Based on the distribution chart, China Dredging Environment Protection Holdings ranks #261 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does China Dredging Environment Protection Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, China Dredging Environment Protection Holdings ranks #261 out of 1721 companies for Days Payable. This places China Dredging Environment Protection Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.60. China Dredging Environment Protection Holdings' value of 212.38 is 177.3% above this benchmark. Historically, China Dredging Environment Protection Holdings' own Days Payable has ranged from 129.24 to 304.55 over the past decade. While the company's 10-year median is 174.33 vs. the industry median of 76.60, China Dredging 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,721 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 Dredging Environment Protection Holdings's current Days Payable of 212.38 is 177.3% 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 Dredging Environment Protection Holdings and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Dredging Environment Protection Holdings's current Days Payable is 212.38, which is 22% above median its own 10-year median of 174.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Dredging Environment Protection Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Dredging Environment Protection Holdings (HKSE:00871) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.05 — trading 18.3% below its estimated fair value. The current Days Payable is 212.38, which is 22% above median its 10-year median of 174.33 and 177.3% above the Construction industry median of 76.60. 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 Dredging Environment Protection Holdings (HKSE:00871), the current Days Payable is 212.38 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.

China Dredging Environment Protection Holdings Business Description

Address 19 Chuang Xin Road, Yandu District, Jiangsu Province, Yancheng, CHN
China Dredging Environment Protection Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the provision of dredging and water management services, the provision of marine hoisting, installation, and other engineering services. It operates in four reportable segments: Capital and Reclamation Dredging Business; Environmental Protection Dredging and Water Management Business; Other Marine Business; and Property Management Business. The group generates the majority of its revenue from Other Marine Business, which mainly comprises marine hoisting, installation, salvaging, vessel chartering, and other engineering services. It derives revenue from the transfer of goods and services in geographical markets from Mainland China and Other countries and regions.