Strong Petrochemical Holdings (FRA:K20A) Days Payable: 1.72 (As of Jun. 2025) — 94% Below Median


FRA:K20A Strong Petrochemical Holdings Ltd FRA:K20A
41 GF Score
Price €0.01
! 5 Warning Signs
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What is Strong Petrochemical Holdings Days Payable?

Strong Petrochemical Holdings FRA:K20A 41 Days Payable is 1.72 as of Jun. 2025, which is 94% below its 10-year median of 31.16. GuruFocus rates FRA:K20A with a GF Score™ of 41/100. The stock has 5 warning signs investors should review.

Strong Petrochemical Holdings's average Accounts Payable for the six months ended in Jun. 2025 was €1.0 Mil. Strong Petrochemical Holdings's Cost of Goods Sold for the six months ended in Jun. 2025 was €104.3 Mil. Hence, Strong Petrochemical Holdings's Days Payable for the six months ended in Jun. 2025 was 1.72.

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

FRA:K20A' s Days Payable Range Over the Past 10 Years
Min: 3.24   Med: 31.16   Max: 44.09
Current: 3.24

During the past 13 years, Strong Petrochemical Holdings's highest Days Payable was 44.09. The lowest was 3.24. And the median was 31.16.

FRA:K20A's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.95 vs FRA:K20A: 3.24

Strong Petrochemical Holdings's Days Payable increased from Dec. 2023 (0.71) to Jun. 2025 (1.72). It may suggest that Strong Petrochemical Holdings delayed paying its suppliers.


Strong Petrochemical Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Strong Petrochemical 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.

Strong Petrochemical Holdings Days Payable Chart

Strong Petrochemical Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.15 40.21 12.78 15.94 6.42

Strong Petrochemical Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25
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 11.59 15.49 0.71 1.76 1.72

FRA:K20A vs PSX, MPC, VLO: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Strong Petrochemical 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.


Strong Petrochemical Holdings Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strong Petrochemical Holdings's Days Payable distribution charts can be found below:

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


FRA:K20A
41GF Score
Strong Petrochemical Holdings Ltd FRA:K20A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Strong Petrochemical 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.

Strong Petrochemical Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4.711 + 0.346) / 2 ) / 143.805*365
=2.5285 / 143.805*365
=6.42

Strong Petrochemical Holdings's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (1.678 + 0.292) / 2 ) / 104.26*365 / 2
=0.985 / 104.26*365 / 2
=1.72

* 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 1.72 mean?
Strong Petrochemical Holdings (FRA:K20A) has a Days Payable of 1.72 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Strong Petrochemical Holdings and its competitors. This is 94% below median its historical median of 31.16. Over the past decade, Strong Petrochemical Holdings' Days Payable has ranged from 3.24 to 44.09.
Is Strong Petrochemical Holdings' Days Payable too high?
Strong Petrochemical Holdings' current Days Payable of 1.72 is 94% below median its 10-year median of 31.16. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 44.09. The Oil & Gas industry median Days Payable is 57.95. Strong Petrochemical Holdings' value of 1.72 is 97% below this industry median. Overall, Strong Petrochemical Holdings has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Strong Petrochemical Holdings' Days Payable compare to PSX and MPC?
Strong Petrochemical Holdings' Days Payable of 1.72 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Strong Petrochemical Holdings' value of 1.72 is 97% below this benchmark. Historically, Strong Petrochemical Holdings' own Days Payable has ranged from 3.24 to 44.09 over the past decade. While the company's 10-year median is 31.16 vs. the industry median of 57.95, Strong Petrochemical 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Strong Petrochemical Holdings's current Days Payable of 1.72 is 97% 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 Strong Petrochemical Holdings and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strong Petrochemical Holdings's current Days Payable is 1.72, which is 94% below median its own 10-year median of 31.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strong Petrochemical Holdings stock overvalued right now?
Strong Petrochemical Holdings (FRA:K20A) has a current Days Payable of 1.72. The current Days Payable is 1.72, which is 94% below median its 10-year median of 31.16 and 97% below the Oil & Gas industry median of 57.95. Strong Petrochemical Holdings' overall GF Score™ is 41/100 with 5 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 Strong Petrochemical Holdings (FRA:K20A), the current Days Payable is 1.72 as of Jun. 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.

Strong Petrochemical Holdings Business Description

Industry EnergyOil & Gas
Address 16 Harcourt Road, Room 1604, 16th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Strong Petrochemical Holdings Ltd is a Hong Kong-based company engaged in the trading of Coal, crude oil, petroleum products, Storage, and petrochemicals. Its segments include the Trading business and Storage business. The Trading business segment includes trading of commodities including crude oil, petroleum products, petrochemicals, coal, and iron ore. The Storage business segment includes the provision of general storage and other ancillary services concerning petroleum products and petrochemicals. The majority of the firm's revenue comes from the People's Republic of China.
41GF Score

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