AXG (Solowin Holdings) Days Payable: 166.33 (As of Sep. 2025) — 90% Below Median


AXG Solowin Holdings Ltd AXG
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What is Solowin Holdings Days Payable?

Solowin Holdings AXG 12 Days Payable is 166.33 as of Sep. 2025, which is 90% below its 10-year median of 1,728.02. GuruFocus rates AXG with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 541 Capital Markets companies, Solowin Holdings ranks better than 63.96% on this metric.

Solowin Holdings's average Accounts Payable for the six months ended in Sep. 2025 was $5.85 Mil. Solowin Holdings's Cost of Goods Sold for the six months ended in Sep. 2025 was $6.42 Mil. Hence, Solowin Holdings's Days Payable for the six months ended in Sep. 2025 was 166.33.

The historical rank and industry rank for Solowin Holdings's Days Payable or its related term are showing as below:

AXG' s Days Payable Range Over the Past 10 Years
Min: 261.83   Med: 1728.02   Max: 12419.33
Current: 261.83

During the past 5 years, Solowin Holdings's highest Days Payable was 12419.33. The lowest was 261.83. And the median was 1728.02.

AXG's Days Payable is ranked better than
63.96% of 541 companies
in the Capital Markets industry
Industry Median: 91.67 vs AXG: 261.83

Solowin Holdings's Days Payable declined from Sep. 2024 (940.65) to Sep. 2025 (166.33). It may suggest that Solowin Holdings accelerated paying its suppliers.


Solowin Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Solowin Holdings'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.

Solowin Holdings Days Payable Chart

Solowin Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
12,419.33 1,519.31 1,966.82 1,728.02 683.65

Solowin Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,257.44 1,325.06 940.65 589.11 166.33

AXG vs BTGO, BTBT, RHNO: Days Payable Comparison

For the Capital Markets subindustry, Solowin Holdings'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.


Solowin Holdings Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Solowin Holdings's Days Payable falls into.


AXG
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Solowin Holdings Ltd AXG
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Solowin Holdings 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.

Solowin Holdings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (5.111 + 5.022) / 2 ) / 2.705*365
=5.0665 / 2.705*365
=683.65

Solowin Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (5.022 + 6.682) / 2 ) / 6.421*365 / 2
=5.852 / 6.421*365 / 2
=166.33

* 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 166.33 mean?
Solowin Holdings (AXG) has a Days Payable of 166.33 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solowin Holdings and its competitors. This is 90% below median its historical median of 1,728.02. Over the past decade, Solowin Holdings' Days Payable has ranged from 261.83 to 12,419.33. According to the industry distribution chart, Solowin Holdings ranks #195 out of 541 companies in the Capital Markets industry, placing it in the top 36%.
Is Solowin Holdings' Days Payable too high?
Solowin Holdings' current Days Payable of 166.33 is 90% below median its 10-year median of 1,728.02. Over the past 10 years, this metric has ranged from a low of 261.83 to a high of 12,419.33. The Capital Markets industry median Days Payable is 91.67. Solowin Holdings' value of 166.33 is 81.4% above this industry median. Based on the distribution chart, Solowin Holdings ranks #195 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Solowin Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Solowin Holdings' Days Payable compare to BTGO and BTBT?
According to the Capital Markets industry distribution chart, Solowin Holdings ranks #195 out of 541 companies for Days Payable. This puts Solowin Holdings in the upper half of its industry. The industry median Days Payable is 91.67. Solowin Holdings' value of 166.33 is 81.4% above this benchmark. Historically, Solowin Holdings' own Days Payable has ranged from 261.83 to 12,419.33 over the past decade. While the company's 10-year median is 1,728.02 vs. the industry median of 91.67, Solowin Holdings 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. Solowin Holdings's current Days Payable of 166.33 is 81.4% 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 Solowin Holdings and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solowin Holdings's current Days Payable is 166.33, which is 90% below median its own 10-year median of 1,728.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solowin Holdings stock overvalued right now?
Solowin Holdings (AXG) has a current Days Payable of 166.33. The current Days Payable is 166.33, which is 90% below median its 10-year median of 1,728.02 and 81.4% above the Capital Markets industry median of 91.67. Solowin Holdings' overall GF Score™ is 12/100 with 7 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 Solowin Holdings (AXG), the current Days Payable is 166.33 as of Sep. 2025. 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.

Solowin Holdings Business Description

Address 33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Solowin Holdings Ltd is an investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secure one-stop electronic platform. It is engaged in providing securities-related services, investment advisory services, and asset management services to customers. The operations were organized into four reportable segments: Corporate Finance Services, Wealth Management Services, Asset Management Services and Virtual Assets. It derives maximum revenue from Wealth Management Services.
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