China Enterprise Co (SHSE:600675) Days Payable: 57.53 (As of Mar. 2026) — 61% Below Median

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SHSE:600675 China Enterprise Co Ltd SHSE:600675
55 GF Score
Price ¥2.16
GF Value ¥2.68
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Enterprise Co Days Payable?

China Enterprise Co SHSE:600675 +0.47% 55 Days Payable is 57.53 as of Mar. 2026, which is 61% below its 10-year median of 145.95. GuruFocus rates SHSE:600675 with a GF Score™ of 55/100 and a GF Value™ of ¥2.68 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, China Enterprise Co ranks better than 52.74% on this metric.

China Enterprise Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,718 Mil. China Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,726 Mil. Hence, China Enterprise Co's Days Payable for the three months ended in Mar. 2026 was 57.53.

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

SHSE:600675' s Days Payable Range Over the Past 10 Years
Min: 83.87   Med: 145.95   Max: 362.22
Current: 102.15

During the past 13 years, China Enterprise Co's highest Days Payable was 362.22. The lowest was 83.87. And the median was 145.95.

SHSE:600675's Days Payable is ranked better than
52.74% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs SHSE:600675: 102.15

China Enterprise Co's Days Payable increased from Mar. 2025 (49.83) to Mar. 2026 (57.53). It may suggest that China Enterprise Co delayed paying its suppliers.


China Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Enterprise 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 Enterprise Co Days Payable Chart

China Enterprise 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 152.38 362.22 83.87 181.85 96.62

China Enterprise 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 49.83 257.42 333.87 63.93 57.53

China Enterprise Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, China Enterprise 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 Enterprise Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Enterprise Co's Days Payable distribution charts can be found below:

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


SHSE:600675
55GF Score
China Enterprise Co Ltd SHSE:600675
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Enterprise 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 Enterprise 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
=( (2237.512 + 1783.755) / 2 ) / 7595.58*365
=2010.6335 / 7595.58*365
=96.62

China Enterprise 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
=( (1783.755 + 1652.98) / 2 ) / 2725.711*365 / 4
=1718.3675 / 2725.711*365 / 4
=57.53

* 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 57.53 mean?
China Enterprise Co (SHSE:600675) has a Days Payable of 57.53 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 Enterprise Co and its competitors. This is 61% below median its historical median of 145.95. Over the past decade, China Enterprise Co's Days Payable has ranged from 83.87 to 362.22. According to the industry distribution chart, China Enterprise Co ranks #741 out of 1568 companies in the Real Estate industry, placing it in the top 47.3%.
Is China Enterprise Co's Days Payable too high?
China Enterprise Co's current Days Payable of 57.53 is 61% below median its 10-year median of 145.95. Over the past 10 years, this metric has ranged from a low of 83.87 to a high of 362.22. The Real Estate industry median Days Payable is 94.38. China Enterprise Co's value of 57.53 is 39% below this industry median. Based on the distribution chart, China Enterprise Co ranks #741 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, China Enterprise 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 Enterprise Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, China Enterprise Co ranks #741 out of 1568 companies for Days Payable. This puts China Enterprise Co in the upper half of its industry. The industry median Days Payable is 94.38. China Enterprise Co's value of 57.53 is 39% below this benchmark. Historically, China Enterprise Co's own Days Payable has ranged from 83.87 to 362.22 over the past decade. While the company's 10-year median is 145.95 vs. the industry median of 94.38, China Enterprise 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, 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 Enterprise Co's current Days Payable of 57.53 is 39% 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 Enterprise Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Enterprise Co's current Days Payable is 57.53, which is 61% below median its own 10-year median of 145.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, China Enterprise Co (SHSE:600675) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.68, compared to a current price of ¥2.16 — trading 19.4% below its estimated fair value. The current Days Payable is 57.53, which is 61% below median its 10-year median of 145.95 and 39% below the Real Estate industry median of 94.38. China Enterprise Co's overall GF Score™ is 55/100 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 Enterprise Co (SHSE:600675), the current Days Payable is 57.53 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 Enterprise Co (SHSE:600675) Overvalued in 2026?

Based on GuruFocus' analysis, China Enterprise Co stock appears to be undervalued. The current stock price of ¥2.16 is trading 19.4% below its estimated GF Value™ of ¥2.68. GuruFocus considers China Enterprise Co to be Modestly Undervalued.

Key valuation signals for SHSE:600675:

  • Days Payable: 57.53 (61% below median its 10-year median of 145.95)
  • GF Value™: ¥2.68 vs. price of ¥2.16 (19.4% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 39% below the Real Estate median (#741 of 1568)

No single metric tells the full story. See the SHSE:600675 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Enterprise Co Business Description

Address No. 2 Huashan Road, Shanghai, CHN, 200125
China Enterprise Co Ltd is principally engaged in the development and operation of real estate. The company provides housing renovation, housing loans, real estate brokerage, and other services. China Enterprise also provides repair services.
55GF Score

Get the complete analysis for SHSE:600675

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

¥2.16
Price
¥2.68
GF Value