Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Changchun Gas CoSHSE:600333 +1.34%57 Days Payable is 192.31 as of Jun. 2026, which is 61% above its 10-year median of 119.27. GuruFocus rates SHSE:600333 with a GF Score™ of 57/100 and a GF Value™ of ¥5.94 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 478 Utilities - Regulated companies, Changchun Gas Co ranks better than 71.55% on this metric.
The historical rank and industry rank for Changchun Gas Co's Days Payable or its related term are showing as below:
SHSE:600333'
s Days Payable Range Over the Past 10 Years
Min: 81.42 Med: 119.27 Max: 269.98
Current: 119.34
During the past 13 years, Changchun Gas Co's highest Days Payable was 269.98. The lowest was 81.42. And the median was 119.27.
SHSE:600333's Days Payable is ranked better than 71.55% of 478
companies
in the Utilities - Regulated industry
Industry Median: 69.46
vs SHSE:600333: 119.34
Changchun Gas Co's Days Payable
increased
from Jun. 2025 (186.59) to Jun. 2026 (192.31).
It may suggest that Changchun Gas Codelayed paying its suppliers.
The historical data trend for Changchun Gas 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.
For the Utilities - Regulated Gas subindustry, Changchun Gas 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.
Changchun Gas Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Changchun Gas 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.
Changchun Gas 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.
Changchun Gas Co (SHSE:600333) has a Days Payable of 192.31 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Changchun Gas Co and its competitors. This is 61% above median its historical median of 119.27. Over the past decade, Changchun Gas Co's Days Payable has ranged from 81.42 to 269.98. According to the industry distribution chart, Changchun Gas Co ranks #136 out of 478 companies in the Utilities - Regulated industry, placing it in the top 28.5%.
Is Changchun Gas Co's Days Payable too high?
Changchun Gas Co's current Days Payable of 192.31 is 61% above median its 10-year median of 119.27. Over the past 10 years, this metric has ranged from a low of 81.42 to a high of 269.98. The Utilities - Regulated industry median Days Payable is 69.46. Changchun Gas Co's value of 192.31 is 176.9% above this industry median. Based on the distribution chart, Changchun Gas Co ranks #136 out of 478 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Changchun Gas Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changchun Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Changchun Gas Co ranks #136 out of 478 companies for Days Payable. This puts Changchun Gas Co in the upper half of its industry. The industry median Days Payable is 69.46. Changchun Gas Co's value of 192.31 is 176.9% above this benchmark. Historically, Changchun Gas Co's own Days Payable has ranged from 81.42 to 269.98 over the past decade. While the company's 10-year median is 119.27 vs. the industry median of 69.46, Changchun Gas 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 69.46, 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. Changchun Gas Co's current Days Payable of 192.31 is 176.9% 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 Changchun Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changchun Gas Co's current Days Payable is 192.31, which is 61% above median its own 10-year median of 119.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Gas Co (SHSE:600333) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.94, compared to a current price of ¥6.82 — trading 14.8% above its estimated fair value. The current Days Payable is 192.31, which is 61% above median its 10-year median of 119.27 and 176.9% above the Utilities - Regulated industry median of 69.46. Changchun Gas Co's overall GF Score™ is 57/100 with 8 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 Changchun Gas Co (SHSE:600333), the current Days Payable is 192.31 as of Jun. 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 Changchun Gas Co (SHSE:600333) Overvalued in 2026?
Based on GuruFocus' analysis, Changchun Gas Co stock appears to be overvalued.
The current stock price of ¥6.82 is trading 14.8% above its estimated GF Value™ of ¥5.94.
GuruFocus considers Changchun Gas Co to be Modestly Overvalued.
Key valuation signals for SHSE:600333:
Days Payable: 192.31 (61% above median its 10-year median of 119.27)
GF Value™: ¥5.94 vs. price of ¥6.82 (14.8% above fair value)
Industry Position: 176.9% above the Utilities - Regulated median (#136 of 478)
No single metric tells the full story. See the SHSE:600333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations. The company's business consists of Urban Pipeline Gas Supply, Municipal Engineering Construction, and Comprehensive Energy Services. The generates key revenue from Gas sales.
57GF Score
Get the complete analysis for SHSE:600333
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600333 has been successfully added to your 
