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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.
China Fortune Land Development Co Days Payable Chart
China Fortune Land Development Co Days Payable Competitor Comparison
For the Real Estate - Development subindustry, China Fortune Land Development 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 Fortune Land Development Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Fortune Land Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China Fortune Land Development Co's Days Payable falls into.
China Fortune Land Development 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 Fortune Land Development Co (SHSE:600340) has a Days Payable of 3,888.91 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 Fortune Land Development Co and its competitors. This is 803% above median its historical median of 430.63. Over the past decade, China Fortune Land Development Co's Days Payable has ranged from 200.34 to 1,493.98. According to the industry distribution chart, China Fortune Land Development Co ranks #72 out of 1568 companies in the Real Estate industry, placing it in the top 4.6%.
Is China Fortune Land Development Co's Days Payable too high?
China Fortune Land Development Co's current Days Payable of 3,888.91 is 803% above median its 10-year median of 430.63. Over the past 10 years, this metric has ranged from a low of 200.34 to a high of 1,493.98. The Real Estate industry median Days Payable is 94.21. China Fortune Land Development Co's value of 3,888.91 is 4028.1% above this industry median. Based on the distribution chart, China Fortune Land Development Co ranks #72 out of 1568 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China Fortune Land Development Co has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Fortune Land Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, China Fortune Land Development Co ranks #72 out of 1568 companies for Days Payable. This places China Fortune Land Development Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.21. China Fortune Land Development Co's value of 3,888.91 is 4028.1% above this benchmark. Historically, China Fortune Land Development Co's own Days Payable has ranged from 200.34 to 1,493.98 over the past decade. While the company's 10-year median is 430.63 vs. the industry median of 94.21, China Fortune Land Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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 Fortune Land Development Co's current Days Payable of 3,888.91 is 4028.1% 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 Fortune Land Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Fortune Land Development Co's current Days Payable is 3,888.91, which is 803% above median its own 10-year median of 430.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Fortune Land Development Co stock overvalued right now?
Based on GuruFocus' analysis, China Fortune Land Development Co (SHSE:600340) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.61, compared to a current price of ¥1.06 — trading 73.8% above its estimated fair value. The current Days Payable is 3,888.91, which is 803% above median its 10-year median of 430.63 and 4028.1% above the Real Estate industry median of 94.21. China Fortune Land Development Co's overall GF Score™ is 24/100 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 China Fortune Land Development Co (SHSE:600340), the current Days Payable is 3,888.91 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 Fortune Land Development Co (SHSE:600340) Overvalued in 2026?
Based on GuruFocus' analysis, China Fortune Land Development Co stock appears to be overvalued.
The current stock price of ¥1.06 is trading 73.8% above its estimated GF Value™ of ¥0.61.
GuruFocus considers China Fortune Land Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:600340:
Days Payable: 3,888.91 (803% above median its 10-year median of 430.63)
GF Value™: ¥0.61 vs. price of ¥1.06 (73.8% above fair value)
Industry Position: 4028.1% above the Real Estate median (#72 of 1568)
No single metric tells the full story. See the SHSE:600340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Fortune Land Development Co Ltd is engaged in the investment, development, construction and operation of the new industrial city. It is primarily involved in planning, designing, land consolidation, investment, infrastructure construction and public facility development. Further, it is also involved in development of green cities and construction of smart urban.
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