Crocodile Garments (HKSE:00122) Days Payable: 537.76 (As of Dec. 2025) — 227% Above Median

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HKSE:00122 Crocodile Garments Ltd HKSE:00122
55 GF Score
Price HK$1.40
GF Value HK$1.85
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Crocodile Garments Days Payable?

Crocodile Garments HKSE:00122 55 Days Payable is 537.76 as of Dec. 2025, which is 227% above its 10-year median of 164.67. GuruFocus rates HKSE:00122 with a GF Score™ of 55/100 and a GF Value™ of HK$1.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,575 Real Estate companies, Crocodile Garments ranks better than 86.67% on this metric.

Crocodile Garments's average Accounts Payable for the six months ended in Dec. 2025 was HK$25.84 Mil. Crocodile Garments's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$8.77 Mil. Hence, Crocodile Garments's Days Payable for the six months ended in Dec. 2025 was 537.76.

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

HKSE:00122' s Days Payable Range Over the Past 10 Years
Min: 51.57   Med: 164.67   Max: 875.45
Current: 490.96

During the past 13 years, Crocodile Garments's highest Days Payable was 875.45. The lowest was 51.57. And the median was 164.67.

HKSE:00122's Days Payable is ranked better than
86.67% of 1575 companies
in the Real Estate industry
Industry Median: 94.76 vs HKSE:00122: 490.96

Crocodile Garments's Days Payable declined from Jul. 2024 (715.77) to Dec. 2025 (537.76). It may suggest that Crocodile Garments accelerated paying its suppliers.


Crocodile Garments Days Payable Historical Data

* Premium members only.

The historical data trend for Crocodile Garments'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.

Crocodile Garments Days Payable Chart

Crocodile Garments Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.35 265.94 875.45 647.23 540.79

Crocodile Garments Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 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 455.80 675.97 715.77 461.62 537.76

HKSE:00122 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Crocodile Garments'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.


Crocodile Garments Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Crocodile Garments's Days Payable distribution charts can be found below:

* The bar in red indicates where Crocodile Garments's Days Payable falls into.


HKSE:00122
55GF Score
Crocodile Garments Ltd HKSE:00122
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Crocodile Garments 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.

Crocodile Garments'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: Jul. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (29.035 + 27.895) / 2 ) / 19.212*365
=28.465 / 19.212*365
=540.79

Crocodile Garments'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
=( (23.789 + 27.895) / 2 ) / 8.77*365 / 2
=25.842 / 8.77*365 / 2
=537.76

* 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 537.76 mean?
Crocodile Garments (HKSE:00122) has a Days Payable of 537.76 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 Crocodile Garments and its competitors. This is 227% above median its historical median of 164.67. Over the past decade, Crocodile Garments' Days Payable has ranged from 51.57 to 875.45. According to the industry distribution chart, Crocodile Garments ranks #210 out of 1575 companies in the Real Estate industry, placing it in the top 13.3%.
Is Crocodile Garments' Days Payable too high?
Crocodile Garments' current Days Payable of 537.76 is 227% above median its 10-year median of 164.67. Over the past 10 years, this metric has ranged from a low of 51.57 to a high of 875.45. The Real Estate industry median Days Payable is 94.76. Crocodile Garments' value of 537.76 is 467.5% above this industry median. Based on the distribution chart, Crocodile Garments ranks #210 out of 1575 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Crocodile Garments has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crocodile Garments' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Crocodile Garments ranks #210 out of 1575 companies for Days Payable. This places Crocodile Garments in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.76. Crocodile Garments' value of 537.76 is 467.5% above this benchmark. Historically, Crocodile Garments' own Days Payable has ranged from 51.57 to 875.45 over the past decade. While the company's 10-year median is 164.67 vs. the industry median of 94.76, Crocodile Garments 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.76, based on 1,575 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. Crocodile Garments's current Days Payable of 537.76 is 467.5% 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 Crocodile Garments and its competitors. For the Real Estate industry, the median Days Payable is 94.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crocodile Garments's current Days Payable is 537.76, which is 227% above median its own 10-year median of 164.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crocodile Garments stock overvalued right now?
Based on GuruFocus' analysis, Crocodile Garments (HKSE:00122) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.85, compared to a current price of HK$1.40 — trading 24.3% below its estimated fair value. The current Days Payable is 537.76, which is 227% above median its 10-year median of 164.67 and 467.5% above the Real Estate industry median of 94.76. Crocodile Garments' overall GF Score™ is 55/100 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 Crocodile Garments (HKSE:00122), the current Days Payable is 537.76 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.

Is Crocodile Garments (HKSE:00122) Overvalued in 2026?

Based on GuruFocus' analysis, Crocodile Garments stock appears to be undervalued. The current stock price of HK$1.40 is trading 24.3% below its estimated GF Value™ of HK$1.85. GuruFocus considers Crocodile Garments to be Modestly Undervalued.

Key valuation signals for HKSE:00122:

  • Days Payable: 537.76 (227% above median its 10-year median of 164.67)
  • GF Value™: HK$1.85 vs. price of HK$1.40 (24.3% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 467.5% above the Real Estate median (#210 of 1575)

No single metric tells the full story. See the HKSE:00122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crocodile Garments Business Description

Address 79 Hoi Yuen Road, 25th Floor, Crocodile Center, Kwun Tong, Kowloon, Hong Kong, HKG
Crocodile Garments Ltd is a Hong Kong-based company engaged in the sale of garments. The company owns different fashion labels and is engaged in the fashion retail in Hong Kong, Macau and Mainland China, and property investment and letting in Hong Kong and Mainland China. The firm operates in three reportable segments including Garment and related accessories business, Property investment and letting business and Treasury management. The products of the company include men's, women's children's clothing, ties, underwear, bags and wallets, belts and shoes. The company generates the majority of the revenue from property investment and letting business.
55GF Score

Get the complete analysis for HKSE:00122

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

HK$1.40
Price
HK$1.85
GF Value