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Zhonghua Gas HoldingsHKSE:08246 42 Days Payable is 271.60 as of Mar. 2026, which is 30% above its 10-year median of 209.06. GuruFocus rates HKSE:08246 with a GF Score™ of 42/100 and a GF Value™ of HK$0.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 476 Utilities - Regulated companies, Zhonghua Gas Holdings ranks better than 95.17% on this metric.
The historical rank and industry rank for Zhonghua Gas Holdings's Days Payable or its related term are showing as below:
HKSE:08246'
s Days Payable Range Over the Past 10 Years
Min: 59.52 Med: 209.06 Max: 505.88
Current: 505.88
During the past 13 years, Zhonghua Gas Holdings's highest Days Payable was 505.88. The lowest was 59.52. And the median was 209.06.
HKSE:08246's Days Payable is ranked better than 95.17% of 476
companies
in the Utilities - Regulated industry
Industry Median: 69.715
vs HKSE:08246: 505.88
Zhonghua Gas Holdings Days Payable Historical Data
* Premium members only.
The historical data trend for Zhonghua Gas 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.
For the Utilities - Regulated Gas subindustry, Zhonghua Gas 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.
Zhonghua Gas Holdings Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhonghua Gas Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhonghua Gas Holdings's Days Payable falls into.
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.
Zhonghua Gas Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Zhonghua Gas Holdings (HKSE:08246) has a Days Payable of 271.60 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhonghua Gas Holdings and its competitors. This is 30% above median its historical median of 209.06. Over the past decade, Zhonghua Gas Holdings' Days Payable has ranged from 59.52 to 505.88. According to the industry distribution chart, Zhonghua Gas Holdings ranks #23 out of 476 companies in the Utilities - Regulated industry, placing it in the top 4.8%.
Is Zhonghua Gas Holdings' Days Payable too high?
Zhonghua Gas Holdings' current Days Payable of 271.60 is 30% above median its 10-year median of 209.06. Over the past 10 years, this metric has ranged from a low of 59.52 to a high of 505.88. The Utilities - Regulated industry median Days Payable is 69.72. Zhonghua Gas Holdings' value of 271.60 is 289.6% above this industry median. Based on the distribution chart, Zhonghua Gas Holdings ranks #23 out of 476 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Zhonghua Gas Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhonghua Gas Holdings' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Zhonghua Gas Holdings ranks #23 out of 476 companies for Days Payable. This places Zhonghua Gas Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.72. Zhonghua Gas Holdings' value of 271.60 is 289.6% above this benchmark. Historically, Zhonghua Gas Holdings' own Days Payable has ranged from 59.52 to 505.88 over the past decade. While the company's 10-year median is 209.06 vs. the industry median of 69.72, Zhonghua Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.72, based on 476 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. Zhonghua Gas Holdings's current Days Payable of 271.60 is 289.6% 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 Zhonghua Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhonghua Gas Holdings's current Days Payable is 271.60, which is 30% above median its own 10-year median of 209.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhonghua Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zhonghua Gas Holdings (HKSE:08246) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.59, compared to a current price of HK$0.63 — trading 6.8% above its estimated fair value. The current Days Payable is 271.60, which is 30% above median its 10-year median of 209.06 and 289.6% above the Utilities - Regulated industry median of 69.72. Zhonghua Gas Holdings' overall GF Score™ is 42/100 with 3 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 Zhonghua Gas Holdings (HKSE:08246), the current Days Payable is 271.60 as of Mar. 2026. 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 Zhonghua Gas Holdings (HKSE:08246) Overvalued in 2026?
Based on GuruFocus' analysis, Zhonghua Gas Holdings stock appears to be overvalued.
The current stock price of HK$0.63 is trading 6.8% above its estimated GF Value™ of HK$0.59.
GuruFocus considers Zhonghua Gas Holdings to be Fairly Valued.
Key valuation signals for HKSE:08246:
Days Payable: 271.60 (30% above median its 10-year median of 209.06)
GF Value™: HK$0.59 vs. price of HK$0.63 (6.8% above fair value)
Industry Position: 289.6% above the Utilities - Regulated median (#23 of 476)
No single metric tells the full story. See the HKSE:08246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhonghua Gas Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of diverse integrated new energy services including technological development, construction and consultancy services about heat supply and coal-to-natural gas conversion, operation of liquefied natural gas stations, coupled with the trading of new energy-related industrial products (New Energy Business); the operation of restaurants and trading of non-staple food (Catering Business) and the leasing of investment properties. The Group has two reportable operating segments, which are Energy Business and Property Investments. It derives a majority of its revenue from the energy business.
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