JiaXing Gas Group Co (HKSE:09908) Days Payable: 86.34 (As of Dec. 2025) — 114% Above Median

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HKSE:09908 JiaXing Gas Group Co Ltd HKSE:09908
80 GF Score
Price HK$8.48
GF Value HK$7.24
Valuation Modestly Overvalued
! 9 Warning Signs
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What is JiaXing Gas Group Co Days Payable?

JiaXing Gas Group Co HKSE:09908 +2.11% 80 Days Payable is 86.34 as of Dec. 2025, which is 114% above its 10-year median of 40.29. GuruFocus rates HKSE:09908 with a GF Score™ of 80/100 and a GF Value™ of HK$7.24 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 478 Utilities - Regulated companies, JiaXing Gas Group Co ranks better than 62.76% on this metric.

JiaXing Gas Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$821 Mil. JiaXing Gas Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,735 Mil. Hence, JiaXing Gas Group Co's Days Payable for the six months ended in Dec. 2025 was 86.34.

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

HKSE:09908' s Days Payable Range Over the Past 10 Years
Min: 31.62   Med: 40.29   Max: 97.32
Current: 91.93

During the past 9 years, JiaXing Gas Group Co's highest Days Payable was 97.32. The lowest was 31.62. And the median was 40.29.

HKSE:09908's Days Payable is ranked better than
62.76% of 478 companies
in the Utilities - Regulated industry
Industry Median: 68.945 vs HKSE:09908: 91.93

JiaXing Gas Group Co's Days Payable increased from Dec. 2024 (64.91) to Dec. 2025 (86.34). It may suggest that JiaXing Gas Group Co delayed paying its suppliers.


JiaXing Gas Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for JiaXing Gas 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.

JiaXing Gas Group Co Days Payable Chart

JiaXing Gas Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 39.20 31.62 54.67 73.56 97.32

JiaXing Gas Group Co Semi-Annual Data
Dec17 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 61.84 62.87 64.91 92.14 86.34

HKSE:09908 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, JiaXing Gas 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.


JiaXing Gas Group Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where JiaXing Gas Group Co's Days Payable falls into.


HKSE:09908
80GF Score
JiaXing Gas Group Co Ltd HKSE:09908
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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JiaXing Gas 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.

JiaXing Gas 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
=( (778.733 + 937.919) / 2 ) / 3219.322*365
=858.326 / 3219.322*365
=97.32

JiaXing Gas 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
=( (703.969 + 937.919) / 2 ) / 1735.222*365 / 2
=820.944 / 1735.222*365 / 2
=86.34

* 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 86.34 mean?
JiaXing Gas Group Co (HKSE:09908) has a Days Payable of 86.34 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 JiaXing Gas Group Co and its competitors. This is 114% above median its historical median of 40.29. Over the past decade, JiaXing Gas Group Co's Days Payable has ranged from 31.62 to 97.32. According to the industry distribution chart, JiaXing Gas Group Co ranks #178 out of 478 companies in the Utilities - Regulated industry, placing it in the top 37.2%.
Is JiaXing Gas Group Co's Days Payable too high?
JiaXing Gas Group Co's current Days Payable of 86.34 is 114% above median its 10-year median of 40.29. Over the past 10 years, this metric has ranged from a low of 31.62 to a high of 97.32. The Utilities - Regulated industry median Days Payable is 68.95. JiaXing Gas Group Co's value of 86.34 is 25.2% above this industry median. Based on the distribution chart, JiaXing Gas Group Co ranks #178 out of 478 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, JiaXing Gas Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiaXing Gas Group Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, JiaXing Gas Group Co ranks #178 out of 478 companies for Days Payable. This puts JiaXing Gas Group Co in the upper half of its industry. The industry median Days Payable is 68.95. JiaXing Gas Group Co's value of 86.34 is 25.2% above this benchmark. Historically, JiaXing Gas Group Co's own Days Payable has ranged from 31.62 to 97.32 over the past decade. While the company's 10-year median is 40.29 vs. the industry median of 68.95, JiaXing Gas 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 68.95, based on 478 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. JiaXing Gas Group Co's current Days Payable of 86.34 is 25.2% 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 JiaXing Gas Group Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 68.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiaXing Gas Group Co's current Days Payable is 86.34, which is 114% above median its own 10-year median of 40.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiaXing Gas Group Co stock overvalued right now?
Based on GuruFocus' analysis, JiaXing Gas Group Co (HKSE:09908) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$7.24, compared to a current price of HK$8.48 — trading 17.1% above its estimated fair value. The current Days Payable is 86.34, which is 114% above median its 10-year median of 40.29 and 25.2% above the Utilities - Regulated industry median of 68.95. JiaXing Gas Group Co's overall GF Score™ is 80/100 with 9 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 JiaXing Gas Group Co (HKSE:09908), the current Days Payable is 86.34 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 JiaXing Gas Group Co (HKSE:09908) Overvalued in 2026?

Based on GuruFocus' analysis, JiaXing Gas Group Co stock appears to be overvalued. The current stock price of HK$8.48 is trading 17.1% above its estimated GF Value™ of HK$7.24. GuruFocus considers JiaXing Gas Group Co to be Modestly Overvalued.

Key valuation signals for HKSE:09908:

  • Days Payable: 86.34 (114% above median its 10-year median of 40.29)
  • GF Value™: HK$7.24 vs. price of HK$8.48 (17.1% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 25.2% above the Utilities - Regulated median (#178 of 478)

No single metric tells the full story. See the HKSE:09908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JiaXing Gas Group Co Business Description

Address No. 32 Qinyi Road, 5th Floor, Hualong Plaza, Building 3, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN
JiaXing Gas Group Co Ltd is engaged in the sale of gas, mainly piped natural gas(PNG) (under the concessions), liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in Jiaxing; (ii) provision of construction and installation services; and (iii) other activities, including provision of natural gas transportation services, sale of vapour and construction materials, and leasing of properties, etc. Geographically, the company generates all of its revenue from Mainland China.
80GF Score

Get the complete analysis for HKSE:09908

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

HK$8.48
Price
HK$7.24
GF Value