Elegance Optical International Holdings (FRA:5HW) Days Payable: 49.41 (As of Mar. 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:5HW Elegance Optical International Holdings Ltd FRA:5HW
8 GF Score
Price €0.00
! 7 Warning Signs
View Full Analysis

What is Elegance Optical International Holdings Days Payable?

Elegance Optical International Holdings FRA:5HW 8 Days Payable is 49.41 as of Mar. 2026, which is 18% above its 10-year median of 42.01. GuruFocus rates FRA:5HW with a GF Score™ of 8/100. The stock has 7 warning signs investors should review.

Elegance Optical International Holdings's average Accounts Payable for the six months ended in Mar. 2026 was €3.05 Mil. Elegance Optical International Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was €11.27 Mil. Hence, Elegance Optical International Holdings's Days Payable for the six months ended in Mar. 2026 was 49.41.

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

FRA:5HW' s Days Payable Range Over the Past 10 Years
Min: 18   Med: 42.01   Max: 193.15
Current: 54.57

During the past 13 years, Elegance Optical International Holdings's highest Days Payable was 193.15. The lowest was 18.00. And the median was 42.01.

FRA:5HW's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 68.47 vs FRA:5HW: 54.57

Elegance Optical International Holdings's Days Payable declined from Mar. 2025 (119.44) to Mar. 2026 (49.41). It may suggest that Elegance Optical International Holdings accelerated paying its suppliers.


Elegance Optical International Holdings Days Payable Related Terms


Elegance Optical International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Elegance Optical 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.

Elegance Optical International Holdings Days Payable Chart

Elegance Optical International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.96 164.40 134.60 191.98 44.78

Elegance Optical International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 103.96 176.82 119.44 89.78 49.41

FRA:5HW vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Elegance Optical 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.


Elegance Optical International Holdings Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elegance Optical International Holdings's Days Payable distribution charts can be found below:

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


FRA:5HW
8GF Score
Elegance Optical International Holdings Ltd FRA:5HW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elegance Optical 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.

Elegance Optical International Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.777 + 2.972) / 2 ) / 15.279*365
=1.8745 / 15.279*365
=44.78

Elegance Optical International Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3.13 + 2.972) / 2 ) / 11.27*365 / 2
=3.051 / 11.27*365 / 2
=49.41

* 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 49.41 mean?
Elegance Optical International Holdings (FRA:5HW) has a Days Payable of 49.41 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 Elegance Optical International Holdings and its competitors. This is 18% above median its historical median of 42.01. Over the past decade, Elegance Optical International Holdings' Days Payable has ranged from 18.00 to 193.15.
Is Elegance Optical International Holdings' Days Payable too high?
Elegance Optical International Holdings' current Days Payable of 49.41 is 18% above median its 10-year median of 42.01. Over the past 10 years, this metric has ranged from a low of 18.00 to a high of 193.15. The Medical Devices & Instruments industry median Days Payable is 68.47. Elegance Optical International Holdings' value of 49.41 is 27.8% below this industry median. Overall, Elegance Optical International Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Elegance Optical International Holdings' Days Payable compare to ISRG and BDX?
Elegance Optical International Holdings' Days Payable of 49.41 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.47. Elegance Optical International Holdings' value of 49.41 is 27.8% below this benchmark. Historically, Elegance Optical International Holdings' own Days Payable has ranged from 18.00 to 193.15 over the past decade. While the company's 10-year median is 42.01 vs. the industry median of 68.47, Elegance Optical 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.47, based on 793 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. Elegance Optical International Holdings's current Days Payable of 49.41 is 27.8% 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 Elegance Optical International Holdings and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegance Optical International Holdings's current Days Payable is 49.41, which is 18% above median its own 10-year median of 42.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegance Optical International Holdings stock overvalued right now?
Elegance Optical International Holdings (FRA:5HW) has a current Days Payable of 49.41. The current Days Payable is 49.41, which is 18% above median its 10-year median of 42.01 and 27.8% below the Medical Devices & Instruments industry median of 68.47. Elegance Optical International Holdings' overall GF Score™ is 8/100 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 Elegance Optical International Holdings (FRA:5HW), the current Days Payable is 49.41 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.

Elegance Optical International Holdings Business Description

Other Exchanges 00907:Hong Kong
Address 145 Hennessy Road, On Hong Commercial Building, Room 22, 22nd Floor, Wanchai, Hong Kong, HKG
Elegance Optical International Holdings Ltd and its subsidiaries are the manufacturers and sellers of optical frames and sunglasses. Its operating segments include the trading segment engaged in the manufacture and trading of optical frames and sunglasses; the Property investment segment is involved in leasing properties for rental income; the Debts and securities investment segment engaged in investments in financial instruments and quoted shares; Film investment and distribution segment engaged in film right and movie distributions; and Energy business. It derives key revenue from the trading segment. It operates in Europe, America, the PRC (including Hong Kong), and other countries.
8GF Score

Get the complete analysis for FRA:5HW

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.00
Price