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CoCreation Grass CoSHSE:605099 -4.56%94 Days Payable is 42.22 as of Mar. 2026, which is 87% above its 10-year median of 22.58. GuruFocus rates SHSE:605099 with a GF Score™ of 94/100 and a GF Value™ of ¥30.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 777 Travel & Leisure companies, CoCreation Grass Co ranks worse than 72.59% on this metric.
The historical rank and industry rank for CoCreation Grass Co's Days Payable or its related term are showing as below:
SHSE:605099'
s Days Payable Range Over the Past 10 Years
Min: 17.12 Med: 22.58 Max: 41.96
Current: 30.65
During the past 13 years, CoCreation Grass Co's highest Days Payable was 41.96. The lowest was 17.12. And the median was 22.58.
SHSE:605099's Days Payable is ranked worse than 72.59% of 777
companies
in the Travel & Leisure industry
Industry Median: 57.32
vs SHSE:605099: 30.65
CoCreation Grass Co's Days Payable
increased
from Mar. 2025 (19.94) to Mar. 2026 (42.22).
It may suggest that CoCreation Grass Codelayed paying its suppliers.
CoCreation Grass Co Days Payable Related Terms
CoCreation Grass Co Days Payable Historical Data
* Premium members only.
The historical data trend for CoCreation Grass 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.
SHSE:605099 vs AS, HAS, LTH: Days Payable Comparison
For the Leisure subindustry, CoCreation Grass 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.
CoCreation Grass Co Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, CoCreation Grass Co's Days Payable distribution charts can be found below:
* The bar in red indicates where CoCreation Grass Co'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.
CoCreation Grass Co'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.
CoCreation Grass Co (SHSE:605099) has a Days Payable of 42.22 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 CoCreation Grass Co and its competitors. This is 87% above median its historical median of 22.58. Over the past decade, CoCreation Grass Co's Days Payable has ranged from 17.12 to 41.96. According to the industry distribution chart, CoCreation Grass Co ranks #564 out of 777 companies in the Travel & Leisure industry, placing it in the top 72.6%.
Is CoCreation Grass Co's Days Payable too high?
CoCreation Grass Co's current Days Payable of 42.22 is 87% above median its 10-year median of 22.58. Over the past 10 years, this metric has ranged from a low of 17.12 to a high of 41.96. The Travel & Leisure industry median Days Payable is 57.32. CoCreation Grass Co's value of 42.22 is 26.3% below this industry median. Based on the distribution chart, CoCreation Grass Co ranks #564 out of 777 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, CoCreation Grass Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CoCreation Grass Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, CoCreation Grass Co ranks #564 out of 777 companies for Days Payable. This places CoCreation Grass Co in the lower half of its industry. The industry median Days Payable is 57.32. CoCreation Grass Co's value of 42.22 is 26.3% below this benchmark. Historically, CoCreation Grass Co's own Days Payable has ranged from 17.12 to 41.96 over the past decade. While the company's 10-year median is 22.58 vs. the industry median of 57.32, CoCreation Grass 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 a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.32, based on 777 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. CoCreation Grass Co's current Days Payable of 42.22 is 26.3% 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 CoCreation Grass Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoCreation Grass Co's current Days Payable is 42.22, which is 87% above median its own 10-year median of 22.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoCreation Grass Co stock overvalued right now?
Based on GuruFocus' analysis, CoCreation Grass Co (SHSE:605099) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.89, compared to a current price of ¥30.15 — trading 2.4% below its estimated fair value. The current Days Payable is 42.22, which is 87% above median its 10-year median of 22.58 and 26.3% below the Travel & Leisure industry median of 57.32. CoCreation Grass Co's overall GF Score™ is 94/100 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 CoCreation Grass Co (SHSE:605099), the current Days Payable is 42.22 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 CoCreation Grass Co (SHSE:605099) Overvalued in 2026?
Based on GuruFocus' analysis, CoCreation Grass Co stock appears to be undervalued.
The current stock price of ¥30.15 is trading 2.4% below its estimated GF Value™ of ¥30.89.
GuruFocus considers CoCreation Grass Co to be Fairly Valued.
Key valuation signals for SHSE:605099:
Days Payable: 42.22 (87% above median its 10-year median of 22.58)
GF Value™: ¥30.89 vs. price of ¥30.15 (2.4% below fair value)
Industry Position: 26.3% below the Travel & Leisure median (#564 of 777)
No single metric tells the full story. See the SHSE:605099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CoCreation Grass Co Ltd is a manufacturer of artificial grass providing the artificial turf for both athletic and landscape purposes. The company's products include football turf, hockey turf, rugby turf, tennis turf, and multi-sport turf and landscape grass.
94GF Score
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