China National Chemical Engineering Co (SHSE:601117) Days Payable: 214.62 (As of Mar. 2026) — 23% Above Median

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SHSE:601117 China National Chemical Engineering Co Ltd SHSE:601117
89 GF Score
Price ¥7.57
GF Value ¥8.21
Valuation Fairly Valued
! 4 Warning Signs
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What is China National Chemical Engineering Co Days Payable?

China National Chemical Engineering Co SHSE:601117 -3.20% 89 Days Payable is 214.62 as of Mar. 2026, which is 23% above its 10-year median of 173.93. GuruFocus rates SHSE:601117 with a GF Score™ of 89/100 and a GF Value™ of ¥8.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,714 Construction companies, China National Chemical Engineering Co ranks better than 83.2% on this metric.

China National Chemical Engineering Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥97,924 Mil. China National Chemical Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥41,633 Mil. Hence, China National Chemical Engineering Co's Days Payable for the three months ended in Mar. 2026 was 214.62.

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

SHSE:601117' s Days Payable Range Over the Past 10 Years
Min: 135.12   Med: 173.93   Max: 214.86
Current: 214.86

During the past 13 years, China National Chemical Engineering Co's highest Days Payable was 214.86. The lowest was 135.12. And the median was 173.93.

SHSE:601117's Days Payable is ranked better than
83.2% of 1714 companies
in the Construction industry
Industry Median: 76.41 vs SHSE:601117: 214.86

China National Chemical Engineering Co's Days Payable declined from Mar. 2025 (226.58) to Mar. 2026 (214.62). It may suggest that China National Chemical Engineering Co accelerated paying its suppliers.


China National Chemical Engineering Co Days Payable Related Terms


China National Chemical Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for China National Chemical Engineering 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 National Chemical Engineering Co Days Payable Chart

China National Chemical Engineering 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 169.95 169.91 177.61 205.70 212.80

China National Chemical Engineering 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 226.58 222.75 228.04 197.91 214.62

SHSE:601117 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, China National Chemical Engineering 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 National Chemical Engineering Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, China National Chemical Engineering Co's Days Payable distribution charts can be found below:

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


SHSE:601117
89GF Score
China National Chemical Engineering Co Ltd SHSE:601117
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Chemical Engineering 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 National Chemical Engineering 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
=( (100837.673 + 96454.736) / 2 ) / 169202.421*365
=98646.2045 / 169202.421*365
=212.80

China National Chemical Engineering 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
=( (96454.736 + 99392.438) / 2 ) / 41633.492*365 / 4
=97923.587 / 41633.492*365 / 4
=214.62

* 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 214.62 mean?
China National Chemical Engineering Co (SHSE:601117) has a Days Payable of 214.62 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 National Chemical Engineering Co and its competitors. This is 23% above median its historical median of 173.93. Over the past decade, China National Chemical Engineering Co's Days Payable has ranged from 135.12 to 214.86. According to the industry distribution chart, China National Chemical Engineering Co ranks #288 out of 1714 companies in the Construction industry, placing it in the top 16.8%.
Is China National Chemical Engineering Co's Days Payable too high?
China National Chemical Engineering Co's current Days Payable of 214.62 is 23% above median its 10-year median of 173.93. Over the past 10 years, this metric has ranged from a low of 135.12 to a high of 214.86. The Construction industry median Days Payable is 76.41. China National Chemical Engineering Co's value of 214.62 is 180.9% above this industry median. Based on the distribution chart, China National Chemical Engineering Co ranks #288 out of 1714 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China National Chemical Engineering Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Chemical Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, China National Chemical Engineering Co ranks #288 out of 1714 companies for Days Payable. This places China National Chemical Engineering Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.41. China National Chemical Engineering Co's value of 214.62 is 180.9% above this benchmark. Historically, China National Chemical Engineering Co's own Days Payable has ranged from 135.12 to 214.86 over the past decade. While the company's 10-year median is 173.93 vs. the industry median of 76.41, China National Chemical Engineering 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 Construction company?
The median Days Payable among Construction companies is 76.41, based on 1,714 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 National Chemical Engineering Co's current Days Payable of 214.62 is 180.9% 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 China National Chemical Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Chemical Engineering Co's current Days Payable is 214.62, which is 23% above median its own 10-year median of 173.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Chemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China National Chemical Engineering Co (SHSE:601117) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.21, compared to a current price of ¥7.57 — trading 7.8% below its estimated fair value. The current Days Payable is 214.62, which is 23% above median its 10-year median of 173.93 and 180.9% above the Construction industry median of 76.41. China National Chemical Engineering Co's overall GF Score™ is 89/100 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 China National Chemical Engineering Co (SHSE:601117), the current Days Payable is 214.62 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 National Chemical Engineering Co (SHSE:601117) Overvalued in 2026?

Based on GuruFocus' analysis, China National Chemical Engineering Co stock appears to be undervalued. The current stock price of ¥7.57 is trading 7.8% below its estimated GF Value™ of ¥8.21. GuruFocus considers China National Chemical Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:601117:

  • Days Payable: 214.62 (23% above median its 10-year median of 173.93)
  • GF Value™: ¥8.21 vs. price of ¥7.57 (7.8% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 180.9% above the Construction median (#288 of 1714)

No single metric tells the full story. See the SHSE:601117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Chemical Engineering Co Business Description

Address No. 2, Dongzhimennei Street, Dongcheng District, Beijing, CHN, 100007
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management, environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.
89GF Score

Get the complete analysis for SHSE:601117

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

¥7.57
Price
¥8.21
GF Value