CCS Supply Chain Management Co (SHSE:600180) Days Payable: 1,665.03 (As of Mar. 2026) — 1482% Above Median

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SHSE:600180 CCS Supply Chain Management Co Ltd SHSE:600180
46 GF Score
Price ¥1.34
GF Value ¥2.16
Valuation Possible Value Trap
! 9 Warning Signs
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What is CCS Supply Chain Management Co Days Payable?

CCS Supply Chain Management Co SHSE:600180 +1.52% 46 Days Payable is 1,665.03 as of Mar. 2026, which is 1482% above its 10-year median of 105.25. GuruFocus rates SHSE:600180 with a GF Score™ of 46/100 and a GF Value™ of ¥2.16 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 969 Transportation companies, CCS Supply Chain Management Co ranks better than 95.25% on this metric.

CCS Supply Chain Management Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥9,061 Mil. CCS Supply Chain Management Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥497 Mil. Hence, CCS Supply Chain Management Co's Days Payable for the three months ended in Mar. 2026 was 1,665.03.

The historical rank and industry rank for CCS Supply Chain Management Co's Days Payable or its related term are showing as below:

SHSE:600180' s Days Payable Range Over the Past 10 Years
Min: 29.65   Med: 105.25   Max: 284.33
Current: 284.33

During the past 13 years, CCS Supply Chain Management Co's highest Days Payable was 284.33. The lowest was 29.65. And the median was 105.25.

SHSE:600180's Days Payable is ranked better than
95.25% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs SHSE:600180: 284.33

CCS Supply Chain Management Co's Days Payable increased from Mar. 2025 (295.36) to Mar. 2026 (1,665.03). It may suggest that CCS Supply Chain Management Co delayed paying its suppliers.


CCS Supply Chain Management Co Days Payable Historical Data

* Premium members only.

The historical data trend for CCS Supply Chain Management 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.

CCS Supply Chain Management Co Days Payable Chart

CCS Supply Chain Management Co 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 111.76 98.74 153.94 195.88 226.50

CCS Supply Chain Management Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 295.36 328.15 219.85 217.10 1,665.03

SHSE:600180 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, CCS Supply Chain Management 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.


CCS Supply Chain Management Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, CCS Supply Chain Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CCS Supply Chain Management Co's Days Payable falls into.


SHSE:600180
46GF Score
CCS Supply Chain Management Co Ltd SHSE:600180
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CCS Supply Chain Management 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.

CCS Supply Chain Management 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
=( (16161.686 + 9810.869) / 2 ) / 20927.089*365
=12986.2775 / 20927.089*365
=226.50

CCS Supply Chain Management Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9810.869 + 8311.793) / 2 ) / 496.595*365 / 4
=9061.331 / 496.595*365 / 4
=1,665.03

* 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 1,665.03 mean?
CCS Supply Chain Management Co (SHSE:600180) has a Days Payable of 1,665.03 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 CCS Supply Chain Management Co and its competitors. This is 1482% above median its historical median of 105.25. Over the past decade, CCS Supply Chain Management Co's Days Payable has ranged from 29.65 to 284.33. According to the industry distribution chart, CCS Supply Chain Management Co ranks #46 out of 969 companies in the Transportation industry, placing it in the top 4.7%.
Is CCS Supply Chain Management Co's Days Payable too high?
CCS Supply Chain Management Co's current Days Payable of 1,665.03 is 1482% above median its 10-year median of 105.25. Over the past 10 years, this metric has ranged from a low of 29.65 to a high of 284.33. The Transportation industry median Days Payable is 38.61. CCS Supply Chain Management Co's value of 1,665.03 is 4212.4% above this industry median. Based on the distribution chart, CCS Supply Chain Management Co ranks #46 out of 969 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, CCS Supply Chain Management Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CCS Supply Chain Management Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, CCS Supply Chain Management Co ranks #46 out of 969 companies for Days Payable. This places CCS Supply Chain Management Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.61. CCS Supply Chain Management Co's value of 1,665.03 is 4212.4% above this benchmark. Historically, CCS Supply Chain Management Co's own Days Payable has ranged from 29.65 to 284.33 over the past decade. While the company's 10-year median is 105.25 vs. the industry median of 38.61, CCS Supply Chain Management 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 a Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. CCS Supply Chain Management Co's current Days Payable of 1,665.03 is 4212.4% 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 CCS Supply Chain Management Co and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CCS Supply Chain Management Co's current Days Payable is 1,665.03, which is 1482% above median its own 10-year median of 105.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCS Supply Chain Management Co stock overvalued right now?
Based on GuruFocus' analysis, CCS Supply Chain Management Co (SHSE:600180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥2.16, compared to a current price of ¥1.34 — trading 38% below its estimated fair value. The current Days Payable is 1,665.03, which is 1482% above median its 10-year median of 105.25 and 4212.4% above the Transportation industry median of 38.61. CCS Supply Chain Management Co's overall GF Score™ is 46/100 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 CCS Supply Chain Management Co (SHSE:600180), the current Days Payable is 1,665.03 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 CCS Supply Chain Management Co (SHSE:600180) Overvalued in 2026?

Based on GuruFocus' analysis, CCS Supply Chain Management Co stock appears to be undervalued. The current stock price of ¥1.34 is trading 38% below its estimated GF Value™ of ¥2.16. GuruFocus considers CCS Supply Chain Management Co to be Possible Value Trap.

Key valuation signals for SHSE:600180:

  • Days Payable: 1,665.03 (1482% above median its 10-year median of 105.25)
  • GF Value™: ¥2.16 vs. price of ¥1.34 (38% below fair value)
  • GF Score™: 46/100 with 9 warning signs
  • Industry Position: 4212.4% above the Transportation median (#46 of 969)

No single metric tells the full story. See the SHSE:600180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CCS Supply Chain Management Co Business Description

Address 20/F, HailianMasion, No.20, Business Outer Ring Road, CBD, Zhengdong New Area, Zhengzhou, CHN, 450000
CCS Supply Chain Management Co Ltd is a China-based company engaged in coal supply chain management business. In addition, it is also engaged in supply chain financial business. Through its subsidiaries, the company is also engaged in the procurement and sales of coal.
46GF Score

Get the complete analysis for SHSE:600180

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

¥1.34
Price
¥2.16
GF Value