Grandblue Environment CoSHSE:600323 -1.26%88 Days Payable is 147.86 as of Mar. 2026, which is 9% above its 10-year median of 136.08. GuruFocus rates SHSE:600323 with a GF Score™ of 88/100 and a GF Value™ of ¥27.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 481 Utilities - Regulated companies, Grandblue Environment Co ranks better than 73.6% on this metric.
The historical rank and industry rank for Grandblue Environment Co's Days Payable or its related term are showing as below:
SHSE:600323'
s Days Payable Range Over the Past 10 Years
Min: 117.67 Med: 136.08 Max: 169.18
Current: 126.74
During the past 13 years, Grandblue Environment Co's highest Days Payable was 169.18. The lowest was 117.67. And the median was 136.08.
SHSE:600323's Days Payable is ranked better than 73.6% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs SHSE:600323: 126.74
* 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.
SHSE:600323 vs AWK, WTRG, AWR: Days Payable Comparison
For the Utilities - Regulated Water subindustry, Grandblue 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.
Grandblue Environment Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Grandblue Environment Co'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.
Grandblue Environment Co's Days Payable for the fiscal year that ended in Dec. 2025 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.
Grandblue Environment Co (SHSE:600323) has a Days Payable of 147.86 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 Grandblue Environment Co and its competitors. This is near median its historical median of 136.08. Over the past decade, Grandblue Environment Co's Days Payable has ranged from 117.67 to 169.18. According to the industry distribution chart, Grandblue Environment Co ranks #127 out of 481 companies in the Utilities - Regulated industry, placing it in the top 26.4%.
Is Grandblue Environment Co's Days Payable too high?
Grandblue Environment Co's current Days Payable of 147.86 is near median its 10-year median of 136.08. Over the past 10 years, this metric has ranged from a low of 117.67 to a high of 169.18. The Utilities - Regulated industry median Days Payable is 70.35. Grandblue Environment Co's value of 147.86 is 110.2% above this industry median. Based on the distribution chart, Grandblue Environment Co ranks #127 out of 481 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Grandblue Environment Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grandblue Environment Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Grandblue Environment Co ranks #127 out of 481 companies for Days Payable. This puts Grandblue Environment Co in the upper half of its industry. The industry median Days Payable is 70.35. Grandblue Environment Co's value of 147.86 is 110.2% above this benchmark. Historically, Grandblue Environment Co's own Days Payable has ranged from 117.67 to 169.18 over the past decade. While the company's 10-year median is 136.08 vs. the industry median of 70.35, Grandblue Environment 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 70.35, based on 481 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. Grandblue Environment Co's current Days Payable of 147.86 is 110.2% 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 Grandblue Environment Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandblue Environment Co's current Days Payable is 147.86, which is near median its own 10-year median of 136.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandblue Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Grandblue Environment Co (SHSE:600323) is currently considered Fairly Valued. The stock's GF Value™ is ¥27.47, compared to a current price of ¥28.17 — trading 2.5% above its estimated fair value. The current Days Payable is 147.86, which is near median its 10-year median of 136.08 and 110.2% above the Utilities - Regulated industry median of 70.35. Grandblue Environment Co's overall GF Score™ is 88/100 with 6 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 Grandblue Environment Co (SHSE:600323), the current Days Payable is 147.86 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 Grandblue Environment Co (SHSE:600323) Overvalued in 2026?
Based on GuruFocus' analysis, Grandblue Environment Co stock appears to be overvalued.
The current stock price of ¥28.17 is trading 2.5% above its estimated GF Value™ of ¥27.47.
GuruFocus considers Grandblue Environment Co to be Fairly Valued.
Key valuation signals for SHSE:600323:
Days Payable: 147.86 (near median its 10-year median of 136.08)
GF Value™: ¥27.47 vs. price of ¥28.17 (2.5% above fair value)
Industry Position: 110.2% above the Utilities - Regulated median (#127 of 481)
No single metric tells the full story. See the SHSE:600323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.
88GF Score
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