Sinopec Oilfield Service (SHSE:600871) Days Payable: 136.34 (As of Mar. 2026) — 18% Below Median


SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
73 GF Score
Price ¥2.10
GF Value ¥2.17
Valuation Fairly Valued
! 5 Warning Signs
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What is Sinopec Oilfield Service Days Payable?

Sinopec Oilfield Service SHSE:600871 +1.94% 73 Days Payable is 136.34 as of Mar. 2026, which is 18% below its 10-year median of 166.20. GuruFocus rates SHSE:600871 with a GF Score™ of 73/100 and a GF Value™ of ¥2.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, Sinopec Oilfield Service ranks better than 75.91% on this metric.

Sinopec Oilfield Service's average Accounts Payable for the three months ended in Mar. 2026 was ¥24,957 Mil. Sinopec Oilfield Service's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥16,703 Mil. Hence, Sinopec Oilfield Service's Days Payable for the three months ended in Mar. 2026 was 136.34.

The historical rank and industry rank for Sinopec Oilfield Service's Days Payable or its related term are showing as below:

SHSE:600871' s Days Payable Range Over the Past 10 Years
Min: 135.8   Med: 166.2   Max: 213.81
Current: 135.8

During the past 13 years, Sinopec Oilfield Service's highest Days Payable was 213.81. The lowest was 135.80. And the median was 166.20.

SHSE:600871's Days Payable is ranked better than
75.91% of 851 companies
in the Oil & Gas industry
Industry Median: 58.34 vs SHSE:600871: 135.80

Sinopec Oilfield Service's Days Payable declined from Mar. 2025 (178.38) to Mar. 2026 (136.34). It may suggest that Sinopec Oilfield Service accelerated paying its suppliers.


Sinopec Oilfield Service Days Payable Historical Data

* Premium members only.

The historical data trend for Sinopec Oilfield Service'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.

Sinopec Oilfield Service Days Payable Chart

Sinopec Oilfield Service 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 160.36 170.37 169.22 163.18 138.90

Sinopec Oilfield Service 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 178.38 159.25 154.31 100.81 136.34

SHSE:600871 vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Sinopec Oilfield Service'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.


Sinopec Oilfield Service Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Oilfield Service's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinopec Oilfield Service's Days Payable falls into.


SHSE:600871
73GF Score
Sinopec Oilfield Service Corp SHSE:600871
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Oilfield Service 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.

Sinopec Oilfield Service'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
=( (31653.815 + 24790.003) / 2 ) / 74158.853*365
=28221.909 / 74158.853*365
=138.90

Sinopec Oilfield Service'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
=( (24790.003 + 25123.621) / 2 ) / 16703.278*365 / 4
=24956.812 / 16703.278*365 / 4
=136.34

* 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 136.34 mean?
Sinopec Oilfield Service (SHSE:600871) has a Days Payable of 136.34 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 Sinopec Oilfield Service and its competitors. This is 18% below median its historical median of 166.20. Over the past decade, Sinopec Oilfield Service's Days Payable has ranged from 135.80 to 213.81. According to the industry distribution chart, Sinopec Oilfield Service ranks #205 out of 851 companies in the Oil & Gas industry, placing it in the top 24.1%.
Is Sinopec Oilfield Service's Days Payable too high?
Sinopec Oilfield Service's current Days Payable of 136.34 is 18% below median its 10-year median of 166.20. Over the past 10 years, this metric has ranged from a low of 135.80 to a high of 213.81. The Oil & Gas industry median Days Payable is 58.34. Sinopec Oilfield Service's value of 136.34 is 133.7% above this industry median. Based on the distribution chart, Sinopec Oilfield Service ranks #205 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sinopec Oilfield Service has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Sinopec Oilfield Service ranks #205 out of 851 companies for Days Payable. This places Sinopec Oilfield Service in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.34. Sinopec Oilfield Service's value of 136.34 is 133.7% above this benchmark. Historically, Sinopec Oilfield Service's own Days Payable has ranged from 135.80 to 213.81 over the past decade. While the company's 10-year median is 166.20 vs. the industry median of 58.34, Sinopec Oilfield Service 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 58.34, 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. Sinopec Oilfield Service's current Days Payable of 136.34 is 133.7% 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 Sinopec Oilfield Service and its competitors. For the Oil & Gas industry, the median Days Payable is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Oilfield Service's current Days Payable is 136.34, which is 18% below median its own 10-year median of 166.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Oilfield Service stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Oilfield Service (SHSE:600871) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.17, compared to a current price of ¥2.10 — trading 3.2% below its estimated fair value. The current Days Payable is 136.34, which is 18% below median its 10-year median of 166.20 and 133.7% above the Oil & Gas industry median of 58.34. Sinopec Oilfield Service's overall GF Score™ is 73/100 with 5 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 Sinopec Oilfield Service (SHSE:600871), the current Days Payable is 136.34 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 Sinopec Oilfield Service (SHSE:600871) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Oilfield Service stock appears to be undervalued. The current stock price of ¥2.10 is trading 3.2% below its estimated GF Value™ of ¥2.17. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • Days Payable: 136.34 (18% below median its 10-year median of 166.20)
  • GF Value™: ¥2.17 vs. price of ¥2.10 (3.2% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 133.7% above the Oil & Gas median (#205 of 851)

No single metric tells the full story. See the SHSE:600871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinopec Oilfield Service Business Description

Industry EnergyOil & Gas
Other Exchanges 01033:Hong KongYIZH:Germany
Address No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.
73GF Score

Get the complete analysis for SHSE:600871

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

¥2.10
Price
¥2.17
GF Value