ContiOcean Environment Tech Group Co (HKSE:02613) Days Payable: 70.11 (As of Dec. 2025) — 11% Above Median

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HKSE:02613 ContiOcean Environment Tech Group Co Ltd HKSE:02613
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Price HK$33.50
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What is ContiOcean Environment Tech Group Co Days Payable?

ContiOcean Environment Tech Group Co HKSE:02613 20 Days Payable is 70.11 as of Dec. 2025, which is 11% above its 10-year median of 62.93. GuruFocus rates HKSE:02613 with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 341 Aerospace & Defense companies, ContiOcean Environment Tech Group Co ranks better than 58.36% on this metric.

ContiOcean Environment Tech Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$70.5 Mil. ContiOcean Environment Tech Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$183.5 Mil. Hence, ContiOcean Environment Tech Group Co's Days Payable for the six months ended in Dec. 2025 was 70.11.

The historical rank and industry rank for ContiOcean Environment Tech Group Co's Days Payable or its related term are showing as below:

HKSE:02613' s Days Payable Range Over the Past 10 Years
Min: 43.05   Med: 62.93   Max: 89.08
Current: 83.58

During the past 5 years, ContiOcean Environment Tech Group Co's highest Days Payable was 89.08. The lowest was 43.05. And the median was 62.93.

HKSE:02613's Days Payable is ranked better than
58.36% of 341 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs HKSE:02613: 83.58

ContiOcean Environment Tech Group Co's Days Payable increased from Dec. 2024 (47.71) to Dec. 2025 (70.11). It may suggest that ContiOcean Environment Tech Group Co delayed paying its suppliers.


ContiOcean Environment Tech Group Co Days Payable Related Terms


ContiOcean Environment Tech Group Co Days Payable Historical Data

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The historical data trend for ContiOcean Environment Tech Group Co'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.

ContiOcean Environment Tech Group Co Days Payable Chart

ContiOcean Environment Tech Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
81.61 62.93 44.91 43.05 89.08

ContiOcean Environment Tech Group Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 37.09 31.33 47.71 98.54 70.11

HKSE:02613 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, ContiOcean Environment Tech Group 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.


ContiOcean Environment Tech Group Co Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, ContiOcean Environment Tech Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ContiOcean Environment Tech Group Co's Days Payable falls into.


HKSE:02613
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ContiOcean Environment Tech Group Co Ltd HKSE:02613
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ContiOcean Environment Tech Group 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.

ContiOcean Environment Tech Group Co'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
=( (59.452 + 83.519) / 2 ) / 292.919*365
=71.4855 / 292.919*365
=89.08

ContiOcean Environment Tech Group Co'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
=( (57.462 + 83.519) / 2 ) / 183.496*365 / 2
=70.4905 / 183.496*365 / 2
=70.11

* 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 70.11 mean?
ContiOcean Environment Tech Group Co (HKSE:02613) has a Days Payable of 70.11 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 ContiOcean Environment Tech Group Co and its competitors. This is 11% above median its historical median of 62.93. Over the past decade, ContiOcean Environment Tech Group Co's Days Payable has ranged from 43.05 to 89.08. According to the industry distribution chart, ContiOcean Environment Tech Group Co ranks #142 out of 341 companies in the Aerospace & Defense industry, placing it in the top 41.6%.
Is ContiOcean Environment Tech Group Co's Days Payable too high?
ContiOcean Environment Tech Group Co's current Days Payable of 70.11 is 11% above median its 10-year median of 62.93. Over the past 10 years, this metric has ranged from a low of 43.05 to a high of 89.08. The Aerospace & Defense industry median Days Payable is 64.65. ContiOcean Environment Tech Group Co's value of 70.11 is 8.4% above this industry median. Based on the distribution chart, ContiOcean Environment Tech Group Co ranks #142 out of 341 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, ContiOcean Environment Tech Group Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does ContiOcean Environment Tech Group Co's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, ContiOcean Environment Tech Group Co ranks #142 out of 341 companies for Days Payable. This puts ContiOcean Environment Tech Group Co in the upper half of its industry. The industry median Days Payable is 64.65. ContiOcean Environment Tech Group Co's value of 70.11 is 8.4% above this benchmark. Historically, ContiOcean Environment Tech Group Co's own Days Payable has ranged from 43.05 to 89.08 over the past decade. While the company's 10-year median is 62.93 vs. the industry median of 64.65, ContiOcean Environment Tech Group Co 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 341 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. ContiOcean Environment Tech Group Co's current Days Payable of 70.11 is 8.4% 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 ContiOcean Environment Tech Group Co and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ContiOcean Environment Tech Group Co's current Days Payable is 70.11, which is 11% above median its own 10-year median of 62.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ContiOcean Environment Tech Group Co stock overvalued right now?
ContiOcean Environment Tech Group Co (HKSE:02613) has a current Days Payable of 70.11. The current Days Payable is 70.11, which is 11% above median its 10-year median of 62.93 and 8.4% above the Aerospace & Defense industry median of 64.65. ContiOcean Environment Tech Group Co's overall GF Score™ is 20/100 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 ContiOcean Environment Tech Group Co (HKSE:02613), the current Days Payable is 70.11 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.

ContiOcean Environment Tech Group Co Business Description

Address No. 36 Xin Jin Qiao Road, Unit 3002, 30th Floor, South Tower, Shanghai International Fortune Center, Pudong New District, Shanghai, CHN
ContiOcean Environment Tech Group Co Ltd is a maritime environmental protection equipment and system provider. The equipment and systems include marine exhaust gas cleaning systems, marine energy-saving devices, marine clean-energy supply systems, and maritime services. It derives maximum revenue from Marine exhaust gas cleaning systems.
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HK$33.50
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