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Chongqing Gas GroupSHSE:600917 -2.90%63 Days Payable is 79.00 as of Jun. 2026, which is 232% above its 10-year median of 23.83. GuruFocus rates SHSE:600917 with a GF Score™ of 63/100 and a GF Value™ of ¥5.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 478 Utilities - Regulated companies, Chongqing Gas Group ranks worse than 55.44% on this metric.
The historical rank and industry rank for Chongqing Gas Group's Days Payable or its related term are showing as below:
SHSE:600917'
s Days Payable Range Over the Past 10 Years
Min: 21.58 Med: 23.83 Max: 61.6
Current: 61.6
During the past 13 years, Chongqing Gas Group's highest Days Payable was 61.60. The lowest was 21.58. And the median was 23.83.
SHSE:600917's Days Payable is ranked worse than 55.44% of 478
companies
in the Utilities - Regulated industry
Industry Median: 69.46
vs SHSE:600917: 61.60
Chongqing Gas Group's Days Payable
increased
from Jun. 2025 (48.46) to Jun. 2026 (79.00).
It may suggest that Chongqing Gas Groupdelayed paying its suppliers.
The historical data trend for Chongqing Gas Group'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.
For the Utilities - Regulated Gas subindustry, Chongqing Gas Group'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 Gas Group Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Chongqing Gas Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Chongqing Gas Group's Days Payable falls into.
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 Gas Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Gas Group (SHSE:600917) has a Days Payable of 79.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chongqing Gas Group and its competitors. This is 232% above median its historical median of 23.83. Over the past decade, Chongqing Gas Group's Days Payable has ranged from 21.58 to 61.60. According to the industry distribution chart, Chongqing Gas Group ranks #265 out of 478 companies in the Utilities - Regulated industry, placing it in the top 55.4%.
Is Chongqing Gas Group's Days Payable too high?
Chongqing Gas Group's current Days Payable of 79.00 is 232% above median its 10-year median of 23.83. Over the past 10 years, this metric has ranged from a low of 21.58 to a high of 61.60. The Utilities - Regulated industry median Days Payable is 69.46. Chongqing Gas Group's value of 79.00 is 13.7% above this industry median. Based on the distribution chart, Chongqing Gas Group ranks #265 out of 478 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Chongqing Gas Group has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Gas Group's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chongqing Gas Group ranks #265 out of 478 companies for Days Payable. This places Chongqing Gas Group in the lower half of its industry. The industry median Days Payable is 69.46. Chongqing Gas Group's value of 79.00 is 13.7% above this benchmark. Historically, Chongqing Gas Group's own Days Payable has ranged from 21.58 to 61.60 over the past decade. While the company's 10-year median is 23.83 vs. the industry median of 69.46, Chongqing Gas Group 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.46, based on 478 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 Gas Group's current Days Payable of 79.00 is 13.7% 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 Chongqing Gas Group and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Gas Group's current Days Payable is 79.00, which is 232% above median its own 10-year median of 23.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Gas Group (SHSE:600917) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.31, compared to a current price of ¥5.02 — trading 5.5% below its estimated fair value. The current Days Payable is 79.00, which is 232% above median its 10-year median of 23.83 and 13.7% above the Utilities - Regulated industry median of 69.46. Chongqing Gas Group's overall GF Score™ is 63/100 with 7 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 Gas Group (SHSE:600917), the current Days Payable is 79.00 as of Jun. 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 Gas Group (SHSE:600917) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Gas Group stock appears to be undervalued.
The current stock price of ¥5.02 is trading 5.5% below its estimated GF Value™ of ¥5.31.
GuruFocus considers Chongqing Gas Group to be Fairly Valued.
Key valuation signals for SHSE:600917:
Days Payable: 79.00 (232% above median its 10-year median of 23.83)
GF Value™: ¥5.31 vs. price of ¥5.02 (5.5% below fair value)
Industry Position: 13.7% above the Utilities - Regulated median (#265 of 478)
No single metric tells the full story. See the SHSE:600917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.
63GF Score
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