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* 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 Merchants Energy Shipping Co Days Payable Chart
SHSE:601872 vs WMB, EPD, KMI: Days Payable Comparison
For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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 Merchants Energy Shipping Co Days Payable vs Oil & Gas Industry
China Merchants Energy Shipping 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.
* 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 Merchants Energy Shipping Co (SHSE:601872) has a Days Payable of 36.94 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 Merchants Energy Shipping Co and its competitors. This is 15% below median its historical median of 43.68. Over the past decade, China Merchants Energy Shipping Co's Days Payable has ranged from 32.12 to 51.23. According to the industry distribution chart, China Merchants Energy Shipping Co ranks #633 out of 850 companies in the Oil & Gas industry, placing it in the top 74.5%.
Is China Merchants Energy Shipping Co's Days Payable too high?
China Merchants Energy Shipping Co's current Days Payable of 36.94 is 15% below median its 10-year median of 43.68. Over the past 10 years, this metric has ranged from a low of 32.12 to a high of 51.23. The Oil & Gas industry median Days Payable is 58.04. China Merchants Energy Shipping Co's value of 36.94 is 36.3% below this industry median. Based on the distribution chart, China Merchants Energy Shipping Co ranks #633 out of 850 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, China Merchants Energy Shipping Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Energy Shipping Co's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, China Merchants Energy Shipping Co ranks #633 out of 850 companies for Days Payable. This places China Merchants Energy Shipping Co in the lower half of its industry. The industry median Days Payable is 58.04. China Merchants Energy Shipping Co's value of 36.94 is 36.3% below this benchmark. Historically, China Merchants Energy Shipping Co's own Days Payable has ranged from 32.12 to 51.23 over the past decade. While the company's 10-year median is 43.68 vs. the industry median of 58.04, China Merchants Energy Shipping 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.04, based on 850 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 Merchants Energy Shipping Co's current Days Payable of 36.94 is 36.3% 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 China Merchants Energy Shipping Co and its competitors. For the Oil & Gas industry, the median Days Payable is 58.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Energy Shipping Co's current Days Payable is 36.94, which is 15% below median its own 10-year median of 43.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Energy Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Energy Shipping Co (SHSE:601872) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.60, compared to a current price of ¥15.70 — trading 82.6% above its estimated fair value. The current Days Payable is 36.94, which is 15% below median its 10-year median of 43.68 and 36.3% below the Oil & Gas industry median of 58.04. China Merchants Energy Shipping Co's overall GF Score™ is 63/100 with 2 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 Merchants Energy Shipping Co (SHSE:601872), the current Days Payable is 36.94 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 Merchants Energy Shipping Co (SHSE:601872) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Energy Shipping Co stock appears to be overvalued.
The current stock price of ¥15.70 is trading 82.6% above its estimated GF Value™ of ¥8.60.
GuruFocus considers China Merchants Energy Shipping Co to be Significantly Overvalued.
Key valuation signals for SHSE:601872:
Days Payable: 36.94 (15% below median its 10-year median of 43.68)
GF Value™: ¥8.60 vs. price of ¥15.70 (82.6% above fair value)
Industry Position: 36.3% below the Oil & Gas median (#633 of 850)
No single metric tells the full story. See the SHSE:601872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Energy Shipping Co Business Description
China Merchants Energy Shipping Co Ltd is a China-based company that engages in tanker transportation, bulk cargo vessel transportation, and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to customers from China, Japan, Korea, Southeast Asia, the United States, and other countries.
63GF Score
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