ENN Natural Gas Co (SHSE:600803) Days Payable: 30.73 (As of Mar. 2026) — 23% Below Median

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SHSE:600803 ENN Natural Gas Co Ltd SHSE:600803
66 GF Score
Price ¥17.86
GF Value ¥17.88
Valuation Fairly Valued
! 4 Warning Signs
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What is ENN Natural Gas Co Days Payable?

ENN Natural Gas Co SHSE:600803 +4.44% 66 Days Payable is 30.73 as of Mar. 2026, which is 23% below its 10-year median of 39.71. GuruFocus rates SHSE:600803 with a GF Score™ of 66/100 and a GF Value™ of ¥17.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, ENN Natural Gas Co ranks worse than 82.54% on this metric.

ENN Natural Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥9,194 Mil. ENN Natural Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥27,305 Mil. Hence, ENN Natural Gas Co's Days Payable for the three months ended in Mar. 2026 was 30.73.

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

SHSE:600803' s Days Payable Range Over the Past 10 Years
Min: 31.7   Med: 39.71   Max: 114.06
Current: 31.7

During the past 13 years, ENN Natural Gas Co's highest Days Payable was 114.06. The lowest was 31.70. And the median was 39.71.

SHSE:600803's Days Payable is ranked worse than
82.54% of 481 companies
in the Utilities - Regulated industry
Industry Median: 69.92 vs SHSE:600803: 31.70

ENN Natural Gas Co's Days Payable declined from Mar. 2025 (32.47) to Mar. 2026 (30.73). It may suggest that ENN Natural Gas Co accelerated paying its suppliers.


ENN Natural Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for ENN Natural 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.

ENN Natural Gas Co Days Payable Chart

ENN Natural Gas 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 44.52 34.35 33.67 34.89 33.70

ENN Natural Gas 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 32.47 34.57 34.05 28.95 30.73

SHSE:600803 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, ENN Natural 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.


ENN Natural Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ENN Natural Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ENN Natural Gas Co's Days Payable falls into.


SHSE:600803
66GF Score
ENN Natural Gas Co Ltd SHSE:600803
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ENN Natural Gas 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.

ENN Natural Gas 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
=( (10866.51 + 10027.76) / 2 ) / 113161*365
=10447.135 / 113161*365
=33.70

ENN Natural Gas 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
=( (10027.76 + 8360.87) / 2 ) / 27304.9*365 / 4
=9194.315 / 27304.9*365 / 4
=30.73

* 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 30.73 mean?
ENN Natural Gas Co (SHSE:600803) has a Days Payable of 30.73 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 ENN Natural Gas Co and its competitors. This is 23% below median its historical median of 39.71. Over the past decade, ENN Natural Gas Co's Days Payable has ranged from 31.70 to 114.06. According to the industry distribution chart, ENN Natural Gas Co ranks #397 out of 481 companies in the Utilities - Regulated industry, placing it in the top 82.5%.
Is ENN Natural Gas Co's Days Payable too high?
ENN Natural Gas Co's current Days Payable of 30.73 is 23% below median its 10-year median of 39.71. Over the past 10 years, this metric has ranged from a low of 31.70 to a high of 114.06. The Utilities - Regulated industry median Days Payable is 69.92. ENN Natural Gas Co's value of 30.73 is 56% below this industry median. Based on the distribution chart, ENN Natural Gas Co ranks #397 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, ENN Natural Gas Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ENN Natural Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, ENN Natural Gas Co ranks #397 out of 481 companies for Days Payable. This places ENN Natural Gas Co in the lower half of its industry. The industry median Days Payable is 69.92. ENN Natural Gas Co's value of 30.73 is 56% below this benchmark. Historically, ENN Natural Gas Co's own Days Payable has ranged from 31.70 to 114.06 over the past decade. While the company's 10-year median is 39.71 vs. the industry median of 69.92, ENN Natural Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.92, based on 481 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. ENN Natural Gas Co's current Days Payable of 30.73 is 56% 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 ENN Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENN Natural Gas Co's current Days Payable is 30.73, which is 23% below median its own 10-year median of 39.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENN Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, ENN Natural Gas Co (SHSE:600803) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.88, compared to a current price of ¥17.86 — trading 0.1% below its estimated fair value. The current Days Payable is 30.73, which is 23% below median its 10-year median of 39.71 and 56% below the Utilities - Regulated industry median of 69.92. ENN Natural Gas Co's overall GF Score™ is 66/100 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 ENN Natural Gas Co (SHSE:600803), the current Days Payable is 30.73 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 ENN Natural Gas Co (SHSE:600803) Overvalued in 2026?

Based on GuruFocus' analysis, ENN Natural Gas Co stock appears to be undervalued. The current stock price of ¥17.86 is trading 0.1% below its estimated GF Value™ of ¥17.88. GuruFocus considers ENN Natural Gas Co to be Fairly Valued.

Key valuation signals for SHSE:600803:

  • Days Payable: 30.73 (23% below median its 10-year median of 39.71)
  • GF Value™: ¥17.88 vs. price of ¥17.86 (0.1% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 56% below the Utilities - Regulated median (#397 of 481)

No single metric tells the full story. See the SHSE:600803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENN Natural Gas Co Business Description

Address No. 383, Heping East Road, Hebei Province, Shijiazhuang, CHN, 050000
ENN Natural Gas Co Ltd is a natural gas distributor. The company has formed four divisions, namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
66GF Score

Get the complete analysis for SHSE:600803

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

¥17.86
Price
¥17.88
GF Value