Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Zhongman Petroleum And Natural Gas Group Days Payable Chart
Zhongman Petroleum And Natural Gas Group Annual Data
For the Oil & Gas Integrated subindustry, Zhongman Petroleum And Natural 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.
Zhongman Petroleum And Natural Gas Group Days Payable vs Oil & Gas Industry
Zhongman Petroleum And Natural Gas Group 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.
Zhongman Petroleum And Natural Gas Group (SHSE:603619) has a Days Payable of 205.05 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 Zhongman Petroleum And Natural Gas Group and its competitors. This is near median its historical median of 201.62. Over the past decade, Zhongman Petroleum And Natural Gas Group's Days Payable has ranged from 178.85 to 319.44. According to the industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #125 out of 856 companies in the Oil & Gas industry, placing it in the top 14.6%.
Is Zhongman Petroleum And Natural Gas Group's Days Payable too high?
Zhongman Petroleum And Natural Gas Group's current Days Payable of 205.05 is near median its 10-year median of 201.62. Over the past 10 years, this metric has ranged from a low of 178.85 to a high of 319.44. The Oil & Gas industry median Days Payable is 59.32. Zhongman Petroleum And Natural Gas Group's value of 205.05 is 245.7% above this industry median. Based on the distribution chart, Zhongman Petroleum And Natural Gas Group ranks #125 out of 856 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Zhongman Petroleum And Natural Gas Group has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongman Petroleum And Natural Gas Group's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #125 out of 856 companies for Days Payable. This places Zhongman Petroleum And Natural Gas Group in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.32. Zhongman Petroleum And Natural Gas Group's value of 205.05 is 245.7% above this benchmark. Historically, Zhongman Petroleum And Natural Gas Group's own Days Payable has ranged from 178.85 to 319.44 over the past decade. While the company's 10-year median is 201.62 vs. the industry median of 59.32, Zhongman Petroleum And Natural 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 59.32, based on 856 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. Zhongman Petroleum And Natural Gas Group's current Days Payable of 205.05 is 245.7% 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 Zhongman Petroleum And Natural Gas Group and its competitors. For the Oil & Gas industry, the median Days Payable is 59.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongman Petroleum And Natural Gas Group's current Days Payable is 205.05, which is near median its own 10-year median of 201.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongman Petroleum And Natural Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group (SHSE:603619) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.09, compared to a current price of ¥23.24 — trading 36% above its estimated fair value. The current Days Payable is 205.05, which is near median its 10-year median of 201.62 and 245.7% above the Oil & Gas industry median of 59.32. Zhongman Petroleum And Natural Gas Group's overall GF Score™ is 73/100 with 9 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619), the current Days Payable is 205.05 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group stock appears to be overvalued.
The current stock price of ¥23.24 is trading 36% above its estimated GF Value™ of ¥17.09.
GuruFocus considers Zhongman Petroleum And Natural Gas Group to be Significantly Overvalued.
Key valuation signals for SHSE:603619:
Days Payable: 205.05 (near median its 10-year median of 201.62)
GF Value™: ¥17.09 vs. price of ¥23.24 (36% above fair value)
Industry Position: 245.7% above the Oil & Gas median (#125 of 856)
No single metric tells the full story. See the SHSE:603619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603619 has been successfully added to your 
