Greenheart Group (HKSE:00094) Days Payable: 105.55 (As of Dec. 2025) — 215% 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.

What is Greenheart Group Days Payable?

Greenheart Group HKSE:00094 -6.25% Days Payable is 105.55 as of Dec. 2025, which is 215% above its 10-year median of 33.51. The stock has 5 warning signs investors should review. Among 272 Forest Products companies, Greenheart Group ranks better than 76.1% on this metric.

Greenheart Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$10.57 Mil. Greenheart Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$18.27 Mil. Hence, Greenheart Group's Days Payable for the six months ended in Dec. 2025 was 105.55.

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

HKSE:00094' s Days Payable Range Over the Past 10 Years
Min: 24.04   Med: 33.51   Max: 112.73
Current: 96.02

During the past 13 years, Greenheart Group's highest Days Payable was 112.73. The lowest was 24.04. And the median was 33.51.

HKSE:00094's Days Payable is ranked better than
76.1% of 272 companies
in the Forest Products industry
Industry Median: 57.065 vs HKSE:00094: 96.02

Greenheart Group's Days Payable declined from Dec. 2024 (112.28) to Dec. 2025 (105.55). It may suggest that Greenheart Group accelerated paying its suppliers.


Greenheart Group Days Payable Historical Data

* Premium members only.

The historical data trend for Greenheart Group'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.

Greenheart Group Days Payable Chart

Greenheart Group 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 38.78 32.62 40.74 115.09 111.48

Greenheart Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 19.63 133.69 112.28 98.36 105.55

HKSE:00094 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Greenheart Group'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.


Greenheart Group Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenheart Group's Days Payable falls into.



Greenheart Group 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.

Greenheart Group'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
=( (8.042 + 9.024) / 2 ) / 27.939*365
=8.533 / 27.939*365
=111.48

Greenheart Group'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
=( (12.114 + 9.024) / 2 ) / 18.274*365 / 2
=10.569 / 18.274*365 / 2
=105.55

* 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 105.55 mean?
Greenheart Group (HKSE:00094) has a Days Payable of 105.55 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 Greenheart Group and its competitors. This is 215% above median its historical median of 33.51. Over the past decade, Greenheart Group's Days Payable has ranged from 24.04 to 112.73. According to the industry distribution chart, Greenheart Group ranks #65 out of 272 companies in the Forest Products industry, placing it in the top 23.9%.
Is Greenheart Group's Days Payable too high?
Greenheart Group's current Days Payable of 105.55 is 215% above median its 10-year median of 33.51. Over the past 10 years, this metric has ranged from a low of 24.04 to a high of 112.73. The Forest Products industry median Days Payable is 57.07. Greenheart Group's value of 105.55 is 85% above this industry median. Based on the distribution chart, Greenheart Group ranks #65 out of 272 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers.
How does Greenheart Group's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Greenheart Group ranks #65 out of 272 companies for Days Payable. This places Greenheart Group in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.07. Greenheart Group's value of 105.55 is 85% above this benchmark. Historically, Greenheart Group's own Days Payable has ranged from 24.04 to 112.73 over the past decade. While the company's 10-year median is 33.51 vs. the industry median of 57.07, Greenheart Group 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.07, based on 272 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. Greenheart Group's current Days Payable of 105.55 is 85% 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 Greenheart Group and its competitors. For the Forest Products industry, the median Days Payable is 57.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenheart Group's current Days Payable is 105.55, which is 215% above median its own 10-year median of 33.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenheart Group stock overvalued right now?
Based on GuruFocus' analysis, Greenheart Group (HKSE:00094) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.05 — trading 125% above its estimated fair value. The current Days Payable is 105.55, which is 215% above median its 10-year median of 33.51 and 85% above the Forest Products industry median of 57.07. 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 Greenheart Group (HKSE:00094), the current Days Payable is 105.55 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.

Greenheart Group Business Description

Address No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Greenheart Group Ltd is investment holding. The principal activities of the Company comprise log harvesting, timber processing, marketing, sales and trading of logs and timber products and provision of forest management services. It has one reporting segment New Zealand which includes Softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. The company's products includes Softwood, and Hardwood. the company has geographical presence in New Zealand, and Hong Kong. The company generates majority of revenue from New Zealand.