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SHSE:603060's Days Payable is ranked better than 68.82% of 946
companies
in the Business Services industry
Industry Median: 45.785
vs SHSE:603060: 78.29
* 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 Testing & Certification International Group Co Days Payable Chart
China Testing & Certification International Group Co Annual Data
* 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 Testing & Certification International Group Co Days Payable vs Business Services Industry
China Testing & Certification International Group 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 Testing & Certification International Group Co (SHSE:603060) has a Days Payable of 96.95 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 Testing & Certification International Group Co and its competitors. This is 197% above median its historical median of 32.63. Over the past decade, China Testing & Certification International Group Co's Days Payable has ranged from 16.67 to 85.79. According to the industry distribution chart, China Testing & Certification International Group Co ranks #295 out of 946 companies in the Business Services industry, placing it in the top 31.2%.
Is China Testing & Certification International Group Co's Days Payable too high?
China Testing & Certification International Group Co's current Days Payable of 96.95 is 197% above median its 10-year median of 32.63. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 85.79. The Business Services industry median Days Payable is 45.79. China Testing & Certification International Group Co's value of 96.95 is 111.8% above this industry median. Based on the distribution chart, China Testing & Certification International Group Co ranks #295 out of 946 companies in the Business Services industry, which is above the industry midpoint. Overall, China Testing & Certification International Group Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Testing & Certification International Group Co's Days Payable compare to VRSK and EFX?
According to the Business Services industry distribution chart, China Testing & Certification International Group Co ranks #295 out of 946 companies for Days Payable. This puts China Testing & Certification International Group Co in the upper half of its industry. The industry median Days Payable is 45.79. China Testing & Certification International Group Co's value of 96.95 is 111.8% above this benchmark. Historically, China Testing & Certification International Group Co's own Days Payable has ranged from 16.67 to 85.79 over the past decade. While the company's 10-year median is 32.63 vs. the industry median of 45.79, China Testing & Certification International Group 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 Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 946 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 Testing & Certification International Group Co's current Days Payable of 96.95 is 111.8% 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 Testing & Certification International Group Co and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Testing & Certification International Group Co's current Days Payable is 96.95, which is 197% above median its own 10-year median of 32.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Testing & Certification International Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Testing & Certification International Group Co (SHSE:603060) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.85, compared to a current price of ¥5.32 — trading 22.3% below its estimated fair value. The current Days Payable is 96.95, which is 197% above median its 10-year median of 32.63 and 111.8% above the Business Services industry median of 45.79. China Testing & Certification International Group Co's overall GF Score™ is 91/100 with 8 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 Testing & Certification International Group Co (SHSE:603060), the current Days Payable is 96.95 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 Testing & Certification International Group Co (SHSE:603060) Overvalued in 2026?
Based on GuruFocus' analysis, China Testing & Certification International Group Co stock appears to be undervalued.
The current stock price of ¥5.32 is trading 22.3% below its estimated GF Value™ of ¥6.85.
GuruFocus considers China Testing & Certification International Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603060:
Days Payable: 96.95 (197% above median its 10-year median of 32.63)
GF Value™: ¥6.85 vs. price of ¥5.32 (22.3% below fair value)
Industry Position: 111.8% above the Business Services median (#295 of 946)
No single metric tells the full story. See the SHSE:603060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Testing & Certification International Group Co Business Description
China Testing & Certification International Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.
91GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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