COUTF (Huicheng International Holdings) Days Payable: 53.63 (As of Dec. 2025) — 14% Above Median

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What is Huicheng International Holdings Days Payable?

Huicheng International Holdings COUTF Days Payable is 53.63 as of Dec. 2025, which is 14% above its 10-year median of 47.10. The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Huicheng International Holdings ranks better than 51.76% on this metric.

Huicheng International Holdings's average Accounts Payable for the six months ended in Dec. 2025 was $1.66 Mil. Huicheng International Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was $5.64 Mil. Hence, Huicheng International Holdings's Days Payable for the six months ended in Dec. 2025 was 53.63.

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

COUTF' s Days Payable Range Over the Past 10 Years
Min: 31.72   Med: 47.1   Max: 79.52
Current: 55.58

During the past 13 years, Huicheng International Holdings's highest Days Payable was 79.52. The lowest was 31.72. And the median was 47.10.

COUTF's Days Payable is ranked better than
51.76% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs COUTF: 55.58

Huicheng International Holdings's Days Payable declined from Dec. 2024 (57.39) to Dec. 2025 (53.63). It may suggest that Huicheng International Holdings accelerated paying its suppliers.


Huicheng International Holdings Days Payable Related Terms


Huicheng International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Huicheng International 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.

Huicheng International Holdings Days Payable Chart

Huicheng International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.73 38.61 31.76 45.05 49.04

Huicheng International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.94 74.61 57.39 65.15 53.63

COUTF vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Huicheng International 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.


Huicheng International Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Huicheng International Holdings's Days Payable distribution charts can be found below:

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



Huicheng International 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.

Huicheng International Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1.27 + 1.447) / 2 ) / 10.111*365
=1.3585 / 10.111*365
=49.04

Huicheng International Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.865 + 1.447) / 2 ) / 5.635*365 / 2
=1.656 / 5.635*365 / 2
=53.63

* 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 53.63 mean?
Huicheng International Holdings (COUTF) has a Days Payable of 53.63 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Huicheng International Holdings and its competitors. This is 14% above median its historical median of 47.10. Over the past decade, Huicheng International Holdings' Days Payable has ranged from 31.72 to 79.52. According to the industry distribution chart, Huicheng International Holdings ranks #492 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.2%.
Is Huicheng International Holdings' Days Payable too high?
Huicheng International Holdings' current Days Payable of 53.63 is 14% above median its 10-year median of 47.10. Over the past 10 years, this metric has ranged from a low of 31.72 to a high of 79.52. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Huicheng International Holdings' value of 53.63 is 1.2% below this industry median. Based on the distribution chart, Huicheng International Holdings ranks #492 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint.
How does Huicheng International Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Huicheng International Holdings ranks #492 out of 1020 companies for Days Payable. This puts Huicheng International Holdings in the upper half of its industry. The industry median Days Payable is 54.27. Huicheng International Holdings' value of 53.63 is 1.2% below this benchmark. Historically, Huicheng International Holdings' own Days Payable has ranged from 31.72 to 79.52 over the past decade. While the company's 10-year median is 47.10 vs. the industry median of 54.27, Huicheng International Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.27, based on 1,020 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. Huicheng International Holdings's current Days Payable of 53.63 is 1.2% 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 Huicheng International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huicheng International Holdings's current Days Payable is 53.63, which is 14% above median its own 10-year median of 47.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huicheng International Holdings stock overvalued right now?
Huicheng International Holdings (COUTF) has a current Days Payable of 53.63. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading right at its estimated fair value. The current Days Payable is 53.63, which is 14% above median its 10-year median of 47.10 and 1.2% below the Manufacturing - Apparel & Accessories industry median of 54.27. 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 Huicheng International Holdings (COUTF), the current Days Payable is 53.63 as of Dec. 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.

Huicheng International Holdings Business Description

Other Exchanges 01146:Hong Kong
Address Tong Pu Road, No. 9 Lane 1225, Pu Tuo District, Shanghai, CHN, 200333
Huicheng International Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sale of apparel products and accessories in the People's Republic of China with a focus on menswear. The company offers a wide range of men's casual wear, including smart casual wear, outdoor casual wear, leisure wear, and accessories. It also engages in property development in the PRC. Its segments include the apparel products and accessories segment, which generates maximum revenue and is engaged in the design, manufacture, marketing, and sale of apparel products and accessories with a focus on menswear, and the property development segment, engaged in the development of properties in the PRC. It generates maximum revenue from the Chinese Mainland.