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* 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:600339 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, China Petroleum Engineering 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 Petroleum Engineering Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Petroleum Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China Petroleum Engineering Co's Days Payable falls into.
China Petroleum Engineering 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.
* 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 Petroleum Engineering Co (SHSE:600339) has a Days Payable of 225.37 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 Petroleum Engineering Co and its competitors. This is 10% above median its historical median of 204.02. Over the past decade, China Petroleum Engineering Co's Days Payable has ranged from 135.50 to 300.26. According to the industry distribution chart, China Petroleum Engineering Co ranks #201 out of 851 companies in the Oil & Gas industry, placing it in the top 23.6%.
Is China Petroleum Engineering Co's Days Payable too high?
China Petroleum Engineering Co's current Days Payable of 225.37 is 10% above median its 10-year median of 204.02. Over the past 10 years, this metric has ranged from a low of 135.50 to a high of 300.26. The Oil & Gas industry median Days Payable is 57.95. China Petroleum Engineering Co's value of 225.37 is 288.9% above this industry median. Based on the distribution chart, China Petroleum Engineering Co ranks #201 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, China Petroleum Engineering Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum Engineering Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, China Petroleum Engineering Co ranks #201 out of 851 companies for Days Payable. This places China Petroleum Engineering Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. China Petroleum Engineering Co's value of 225.37 is 288.9% above this benchmark. Historically, China Petroleum Engineering Co's own Days Payable has ranged from 135.50 to 300.26 over the past decade. While the company's 10-year median is 204.02 vs. the industry median of 57.95, China Petroleum Engineering 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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 Petroleum Engineering Co's current Days Payable of 225.37 is 288.9% 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 China Petroleum Engineering Co and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petroleum Engineering Co's current Days Payable is 225.37, which is 10% above median its own 10-year median of 204.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Petroleum Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China Petroleum Engineering Co (SHSE:600339) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.00, compared to a current price of ¥3.30 — trading 17.5% below its estimated fair value. The current Days Payable is 225.37, which is 10% above median its 10-year median of 204.02 and 288.9% above the Oil & Gas industry median of 57.95. China Petroleum Engineering Co's overall GF Score™ is 80/100 with 3 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 Petroleum Engineering Co (SHSE:600339), the current Days Payable is 225.37 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 Petroleum Engineering Co (SHSE:600339) Overvalued in 2026?
Based on GuruFocus' analysis, China Petroleum Engineering Co stock appears to be undervalued.
The current stock price of ¥3.30 is trading 17.5% below its estimated GF Value™ of ¥4.00.
GuruFocus considers China Petroleum Engineering Co to be Modestly Undervalued.
Key valuation signals for SHSE:600339:
Days Payable: 225.37 (10% above median its 10-year median of 204.02)
GF Value™: ¥4.00 vs. price of ¥3.30 (17.5% below fair value)
Industry Position: 288.9% above the Oil & Gas median (#201 of 851)
No single metric tells the full story. See the SHSE:600339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Petroleum Engineering Co Business Description
China Petroleum Engineering Co Ltd provides surface facilities to petroleum upstream industry. The company's services include planning through front end engineering design to engineering, procurement, construction and project management consultancy for surface facilities, pipelines, buildings, water treatment facilities, highways, and infrastructure. The firm operates projects in China as well as in the overseas markets such as the Middle East, Central Asia, North Africa, America, Australia, and Europe.
80GF Score
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