CRCC High-Tech Equipment (HKSE:01786) Days Payable: 269.41 (As of Dec. 2025) — 15% Below Median

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HKSE:01786 CRCC High-Tech Equipment Corporation Ltd HKSE:01786
59 GF Score
Price HK$0.72
GF Value HK$0.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CRCC High-Tech Equipment Days Payable?

CRCC High-Tech Equipment HKSE:01786 59 Days Payable is 269.41 as of Dec. 2025, which is 15% below its 10-year median of 316.59. GuruFocus rates HKSE:01786 with a GF Score™ of 59/100 and a GF Value™ of HK$0.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 968 Transportation companies, CRCC High-Tech Equipment ranks better than 94.73% on this metric.

CRCC High-Tech Equipment's average Accounts Payable for the six months ended in Dec. 2025 was HK$2,392 Mil. CRCC High-Tech Equipment's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,620 Mil. Hence, CRCC High-Tech Equipment's Days Payable for the six months ended in Dec. 2025 was 269.41.

The historical rank and industry rank for CRCC High-Tech Equipment's Days Payable or its related term are showing as below:

HKSE:01786' s Days Payable Range Over the Past 10 Years
Min: 174.44   Med: 316.59   Max: 450.89
Current: 271.68

During the past 12 years, CRCC High-Tech Equipment's highest Days Payable was 450.89. The lowest was 174.44. And the median was 316.59.

HKSE:01786's Days Payable is ranked better than
94.73% of 968 companies
in the Transportation industry
Industry Median: 38.2 vs HKSE:01786: 271.68

CRCC High-Tech Equipment's Days Payable declined from Dec. 2024 (385.02) to Dec. 2025 (269.41). It may suggest that CRCC High-Tech Equipment accelerated paying its suppliers.


CRCC High-Tech Equipment Days Payable Historical Data

* Premium members only.

The historical data trend for CRCC High-Tech Equipment'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.

CRCC High-Tech Equipment Days Payable Chart

CRCC High-Tech Equipment 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 324.08 313.49 301.18 348.13 286.09

CRCC High-Tech Equipment 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 327.53 320.34 385.02 258.23 269.41

HKSE:01786 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, CRCC High-Tech Equipment'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.


CRCC High-Tech Equipment Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, CRCC High-Tech Equipment's Days Payable distribution charts can be found below:

* The bar in red indicates where CRCC High-Tech Equipment's Days Payable falls into.


HKSE:01786
59GF Score
CRCC High-Tech Equipment Corporation Ltd HKSE:01786
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CRCC High-Tech Equipment 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.

CRCC High-Tech Equipment'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
=( (2613.736 + 2607.563) / 2 ) / 3330.76*365
=2610.6495 / 3330.76*365
=286.09

CRCC High-Tech Equipment'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
=( (2175.983 + 2607.563) / 2 ) / 1620.175*365 / 2
=2391.773 / 1620.175*365 / 2
=269.41

* 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 269.41 mean?
CRCC High-Tech Equipment (HKSE:01786) has a Days Payable of 269.41 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 CRCC High-Tech Equipment and its competitors. This is 15% below median its historical median of 316.59. Over the past decade, CRCC High-Tech Equipment's Days Payable has ranged from 174.44 to 450.89. According to the industry distribution chart, CRCC High-Tech Equipment ranks #51 out of 968 companies in the Transportation industry, placing it in the top 5.3%.
Is CRCC High-Tech Equipment's Days Payable too high?
CRCC High-Tech Equipment's current Days Payable of 269.41 is 15% below median its 10-year median of 316.59. Over the past 10 years, this metric has ranged from a low of 174.44 to a high of 450.89. The Transportation industry median Days Payable is 38.20. CRCC High-Tech Equipment's value of 269.41 is 605.3% above this industry median. Based on the distribution chart, CRCC High-Tech Equipment ranks #51 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, CRCC High-Tech Equipment has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRCC High-Tech Equipment's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, CRCC High-Tech Equipment ranks #51 out of 968 companies for Days Payable. This places CRCC High-Tech Equipment in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.20. CRCC High-Tech Equipment's value of 269.41 is 605.3% above this benchmark. Historically, CRCC High-Tech Equipment's own Days Payable has ranged from 174.44 to 450.89 over the past decade. While the company's 10-year median is 316.59 vs. the industry median of 38.20, CRCC High-Tech Equipment 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 Transportation company?
The median Days Payable among Transportation companies is 38.20, based on 968 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. CRCC High-Tech Equipment's current Days Payable of 269.41 is 605.3% 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 CRCC High-Tech Equipment and its competitors. For the Transportation industry, the median Days Payable is 38.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRCC High-Tech Equipment's current Days Payable is 269.41, which is 15% below median its own 10-year median of 316.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRCC High-Tech Equipment stock overvalued right now?
Based on GuruFocus' analysis, CRCC High-Tech Equipment (HKSE:01786) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.88, compared to a current price of HK$0.72 — trading 18.2% below its estimated fair value. The current Days Payable is 269.41, which is 15% below median its 10-year median of 316.59 and 605.3% above the Transportation industry median of 38.20. CRCC High-Tech Equipment's overall GF Score™ is 59/100 with 4 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 CRCC High-Tech Equipment (HKSE:01786), the current Days Payable is 269.41 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 CRCC High-Tech Equipment (HKSE:01786) Overvalued in 2026?

Based on GuruFocus' analysis, CRCC High-Tech Equipment stock appears to be undervalued. The current stock price of HK$0.72 is trading 18.2% below its estimated GF Value™ of HK$0.88. GuruFocus considers CRCC High-Tech Equipment to be Modestly Undervalued.

Key valuation signals for HKSE:01786:

  • Days Payable: 269.41 (15% below median its 10-year median of 316.59)
  • GF Value™: HK$0.88 vs. price of HK$0.72 (18.2% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 605.3% above the Transportation median (#51 of 968)

No single metric tells the full story. See the HKSE:01786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRCC High-Tech Equipment Business Description

Address No. 384, Yangfangwang, Jinma Town, Yunnan Province, Kunming, CHN
CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.
59GF Score

Get the complete analysis for HKSE:01786

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

HK$0.72
Price
HK$0.88
GF Value