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What is China Resources Beverage (Holdings) Co Days Payable?
China Resources Beverage (Holdings) CoHKSE:02460 -2.22%21 Days Payable is 40.93 as of Dec. 2025, which is 45% above its 10-year median of 28.27. GuruFocus rates HKSE:02460 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, China Resources Beverage (Holdings) Co ranks worse than 73.91% on this metric.
HKSE:02460's Days Payable is ranked worse than 73.91% of 115
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 57.76
vs HKSE:02460: 36.87
* 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 Beverage (Holdings) Co Days Payable Chart
China Resources Beverage (Holdings) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Days Payable
22.33
24.54
33.96
37.46
28.27
China Resources Beverage (Holdings) Co Semi-Annual Data
HKSE:02460 vs KO, PEP, MNST: Days Payable Comparison
For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) Co'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 Beverage (Holdings) Co Days Payable vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China Resources Beverage (Holdings) Co's Days Payable falls into.
China Resources Beverage (Holdings) Co 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 Resources Beverage (Holdings) Co (HKSE:02460) has a Days Payable of 40.93 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 Resources Beverage (Holdings) Co and its competitors. This is 45% above median its historical median of 28.27. Over the past decade, China Resources Beverage (Holdings) Co's Days Payable has ranged from 22.33 to 37.46. According to the industry distribution chart, China Resources Beverage (Holdings) Co ranks #85 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 73.9%.
Is China Resources Beverage (Holdings) Co's Days Payable too high?
China Resources Beverage (Holdings) Co's current Days Payable of 40.93 is 45% above median its 10-year median of 28.27. Over the past 10 years, this metric has ranged from a low of 22.33 to a high of 37.46. The Beverages - Non-Alcoholic industry median Days Payable is 57.76. China Resources Beverage (Holdings) Co's value of 40.93 is 29.1% below this industry median. Based on the distribution chart, China Resources Beverage (Holdings) Co ranks #85 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, China Resources Beverage (Holdings) Co ranks #85 out of 115 companies for Days Payable. This places China Resources Beverage (Holdings) Co in the lower half of its industry. The industry median Days Payable is 57.76. China Resources Beverage (Holdings) Co's value of 40.93 is 29.1% below this benchmark. Historically, China Resources Beverage (Holdings) Co's own Days Payable has ranged from 22.33 to 37.46 over the past decade. While the company's 10-year median is 28.27 vs. the industry median of 57.76, China Resources Beverage (Holdings) Co 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 57.76, based on 115 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 Beverage (Holdings) Co's current Days Payable of 40.93 is 29.1% 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 Beverage (Holdings) Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 57.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beverage (Holdings) Co's current Days Payable is 40.93, which is 45% above median its own 10-year median of 28.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current Days Payable of 40.93. The current Days Payable is 40.93, which is 45% above median its 10-year median of 28.27 and 29.1% below the Beverages - Non-Alcoholic industry median of 57.76. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 with 5 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 Resources Beverage (Holdings) Co (HKSE:02460), the current Days Payable is 40.93 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 Resources Beverage (Holdings) Co Business Description
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
21GF Score
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