Chongqing Chongbai Technology Group Co (SHSE:600729) Days Payable: 90.73 (As of Mar. 2026) — 12% Above Median

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SHSE:600729 Chongqing Chongbai Technology Group Co Ltd SHSE:600729
57 GF Score
Price ¥19.84
GF Value ¥23.05
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chongqing Chongbai Technology Group Co Days Payable?

Chongqing Chongbai Technology Group Co SHSE:600729 +1.43% 57 Days Payable is 90.73 as of Mar. 2026, which is 12% above its 10-year median of 80.84. GuruFocus rates SHSE:600729 with a GF Score™ of 57/100 and a GF Value™ of ¥23.05 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Chongqing Chongbai Technology Group Co ranks better than 77.98% on this metric.

Chongqing Chongbai Technology Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,862 Mil. Chongqing Chongbai Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,878 Mil. Hence, Chongqing Chongbai Technology Group Co's Days Payable for the three months ended in Mar. 2026 was 90.73.

The historical rank and industry rank for Chongqing Chongbai Technology Group Co's Days Payable or its related term are showing as below:

SHSE:600729' s Days Payable Range Over the Past 10 Years
Min: 47.79   Med: 80.84   Max: 98.96
Current: 98.96

During the past 13 years, Chongqing Chongbai Technology Group Co's highest Days Payable was 98.96. The lowest was 47.79. And the median was 80.84.

SHSE:600729's Days Payable is ranked better than
77.98% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.79 vs SHSE:600729: 98.96

Chongqing Chongbai Technology Group Co's Days Payable declined from Mar. 2025 (91.43) to Mar. 2026 (90.73). It may suggest that Chongqing Chongbai Technology Group Co accelerated paying its suppliers.


Chongqing Chongbai Technology Group Co Days Payable Related Terms


Chongqing Chongbai Technology Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chongqing Chongbai Technology Group 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.

Chongqing Chongbai Technology Group Co Days Payable Chart

Chongqing Chongbai Technology Group 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 83.67 88.43 78.01 84.05 92.51

Chongqing Chongbai Technology Group 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 91.43 97.06 89.85 106.54 90.73

SHSE:600729 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Chongqing Chongbai Technology Group 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.


Chongqing Chongbai Technology Group Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chongqing Chongbai Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Chongbai Technology Group Co's Days Payable falls into.


SHSE:600729
57GF Score
Chongqing Chongbai Technology Group Co Ltd SHSE:600729
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Chongbai Technology Group 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.

Chongqing Chongbai Technology Group 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
=( (2895.134 + 2425.237) / 2 ) / 10495.628*365
=2660.1855 / 10495.628*365
=92.51

Chongqing Chongbai Technology Group 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
=( (2425.237 + 3297.994) / 2 ) / 2878.132*365 / 4
=2861.6155 / 2878.132*365 / 4
=90.73

* 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 90.73 mean?
Chongqing Chongbai Technology Group Co (SHSE:600729) has a Days Payable of 90.73 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 Chongqing Chongbai Technology Group Co and its competitors. This is 12% above median its historical median of 80.84. Over the past decade, Chongqing Chongbai Technology Group Co's Days Payable has ranged from 47.79 to 98.96. According to the industry distribution chart, Chongqing Chongbai Technology Group Co ranks #242 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 22%.
Is Chongqing Chongbai Technology Group Co's Days Payable too high?
Chongqing Chongbai Technology Group Co's current Days Payable of 90.73 is 12% above median its 10-year median of 80.84. Over the past 10 years, this metric has ranged from a low of 47.79 to a high of 98.96. The Retail - Cyclical industry median Days Payable is 51.79. Chongqing Chongbai Technology Group Co's value of 90.73 is 75.2% above this industry median. Based on the distribution chart, Chongqing Chongbai Technology Group Co ranks #242 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Chongbai Technology Group Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Chongbai Technology Group Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Chongqing Chongbai Technology Group Co ranks #242 out of 1099 companies for Days Payable. This places Chongqing Chongbai Technology Group Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.79. Chongqing Chongbai Technology Group Co's value of 90.73 is 75.2% above this benchmark. Historically, Chongqing Chongbai Technology Group Co's own Days Payable has ranged from 47.79 to 98.96 over the past decade. While the company's 10-year median is 80.84 vs. the industry median of 51.79, Chongqing Chongbai Technology Group 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.79, based on 1,099 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. Chongqing Chongbai Technology Group Co's current Days Payable of 90.73 is 75.2% 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 Chongqing Chongbai Technology Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Chongbai Technology Group Co's current Days Payable is 90.73, which is 12% above median its own 10-year median of 80.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Chongbai Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Chongbai Technology Group Co (SHSE:600729) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.05, compared to a current price of ¥19.84 — trading 13.9% below its estimated fair value. The current Days Payable is 90.73, which is 12% above median its 10-year median of 80.84 and 75.2% above the Retail - Cyclical industry median of 51.79. Chongqing Chongbai Technology Group Co's overall GF Score™ is 57/100 with 4 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 Chongqing Chongbai Technology Group Co (SHSE:600729), the current Days Payable is 90.73 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 Chongqing Chongbai Technology Group Co (SHSE:600729) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Chongbai Technology Group Co stock appears to be undervalued. The current stock price of ¥19.84 is trading 13.9% below its estimated GF Value™ of ¥23.05. GuruFocus considers Chongqing Chongbai Technology Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600729:

  • Days Payable: 90.73 (12% above median its 10-year median of 80.84)
  • GF Value™: ¥23.05 vs. price of ¥19.84 (13.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 75.2% above the Retail - Cyclical median (#242 of 1099)

No single metric tells the full story. See the SHSE:600729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Chongbai Technology Group Co Business Description

Address No. 18 Qingnian Road, 10th, 11th and 14th floors, Yuzhong District, Chongqing, CHN, 400010
Chongqing Chongbai Technology Group Co Ltd is engaged the Business operations include department stores, supermarkets, electronics and automobile trading, etc.
57GF Score

Get the complete analysis for SHSE:600729

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

¥19.84
Price
¥23.05
GF Value