China Resources And Environment Co (SHSE:600217) Days Payable: 29.31 (As of Mar. 2026) — 33% Below Median


SHSE:600217 China Resources And Environment Co Ltd SHSE:600217
55 GF Score
Price ¥2.91
GF Value ¥3.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Resources And Environment Co Days Payable?

China Resources And Environment Co SHSE:600217 +2.46% 55 Days Payable is 29.31 as of Mar. 2026, which is 33% below its 10-year median of 43.58. GuruFocus rates SHSE:600217 with a GF Score™ of 55/100 and a GF Value™ of ¥3.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 232 Waste Management companies, China Resources And Environment Co ranks worse than 85.34% on this metric.

China Resources And Environment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥149 Mil. China Resources And Environment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥465 Mil. Hence, China Resources And Environment Co's Days Payable for the three months ended in Mar. 2026 was 29.31.

The historical rank and industry rank for China Resources And Environment Co's Days Payable or its related term are showing as below:

SHSE:600217' s Days Payable Range Over the Past 10 Years
Min: 17.7   Med: 43.58   Max: 93.17
Current: 20.54

During the past 13 years, China Resources And Environment Co's highest Days Payable was 93.17. The lowest was 17.70. And the median was 43.58.

SHSE:600217's Days Payable is ranked worse than
85.34% of 232 companies
in the Waste Management industry
Industry Median: 63.355 vs SHSE:600217: 20.54

China Resources And Environment Co's Days Payable declined from Mar. 2025 (29.86) to Mar. 2026 (29.31). It may suggest that China Resources And Environment Co accelerated paying its suppliers.


China Resources And Environment Co Days Payable Related Terms


China Resources And Environment Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Resources And Environment 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.

China Resources And Environment Co Days Payable Chart

China Resources And Environment 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 45.02 33.96 23.45 20.95 17.70

China Resources And Environment 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 29.86 21.02 16.58 16.63 29.31

SHSE:600217 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, China Resources And Environment 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 And Environment Co Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, China Resources And Environment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Resources And Environment Co's Days Payable falls into.


SHSE:600217
55GF Score
China Resources And Environment Co Ltd SHSE:600217
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources And Environment 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.

China Resources And Environment 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
=( (225.126 + 113.795) / 2 ) / 3494.129*365
=169.4605 / 3494.129*365
=17.70

China Resources And Environment 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
=( (113.795 + 184.951) / 2 ) / 465.077*365 / 4
=149.373 / 465.077*365 / 4
=29.31

* 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 29.31 mean?
China Resources And Environment Co (SHSE:600217) has a Days Payable of 29.31 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 China Resources And Environment Co and its competitors. This is 33% below median its historical median of 43.58. Over the past decade, China Resources And Environment Co's Days Payable has ranged from 17.70 to 93.17. According to the industry distribution chart, China Resources And Environment Co ranks #198 out of 232 companies in the Waste Management industry, placing it in the top 85.3%.
Is China Resources And Environment Co's Days Payable too high?
China Resources And Environment Co's current Days Payable of 29.31 is 33% below median its 10-year median of 43.58. Over the past 10 years, this metric has ranged from a low of 17.70 to a high of 93.17. The Waste Management industry median Days Payable is 63.36. China Resources And Environment Co's value of 29.31 is 53.7% below this industry median. Based on the distribution chart, China Resources And Environment Co ranks #198 out of 232 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, China Resources And Environment Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources And Environment Co's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, China Resources And Environment Co ranks #198 out of 232 companies for Days Payable. This places China Resources And Environment Co in the lower half of its industry. The industry median Days Payable is 63.36. China Resources And Environment Co's value of 29.31 is 53.7% below this benchmark. Historically, China Resources And Environment Co's own Days Payable has ranged from 17.70 to 93.17 over the past decade. While the company's 10-year median is 43.58 vs. the industry median of 63.36, China Resources And Environment 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.36, based on 232 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 And Environment Co's current Days Payable of 29.31 is 53.7% 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 And Environment Co and its competitors. For the Waste Management industry, the median Days Payable is 63.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources And Environment Co's current Days Payable is 29.31, which is 33% below median its own 10-year median of 43.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources And Environment Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources And Environment Co (SHSE:600217) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.27, compared to a current price of ¥2.91 — trading 11% below its estimated fair value. The current Days Payable is 29.31, which is 33% below median its 10-year median of 43.58 and 53.7% below the Waste Management industry median of 63.36. China Resources And Environment Co's overall GF Score™ is 55/100 with 4 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 And Environment Co (SHSE:600217), the current Days Payable is 29.31 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 China Resources And Environment Co (SHSE:600217) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources And Environment Co stock appears to be undervalued. The current stock price of ¥2.91 is trading 11% below its estimated GF Value™ of ¥3.27. GuruFocus considers China Resources And Environment Co to be Modestly Undervalued.

Key valuation signals for SHSE:600217:

  • Days Payable: 29.31 (33% below median its 10-year median of 43.58)
  • GF Value™: ¥3.27 vs. price of ¥2.91 (11% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 53.7% below the Waste Management median (#198 of 232)

No single metric tells the full story. See the SHSE:600217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Resources And Environment Co Business Description

Address No.1, Xuanwumen Street, 8th Floor, Block B, Global Finance Center, Xicheng District, Beijing, CHN, 100052
China Resources And Environment Co Ltd is engaged in waste electrical and electronic products dismantling business. The company's waste products are divide into plastic, glass, metal, and hazardous waste received from its customers.
55GF Score

Get the complete analysis for SHSE:600217

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

¥2.91
Price
¥3.27
GF Value