New Times (HKSE:00166) Days Payable: 1.07 (As of Dec. 2025) — 57% Above Median

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What is New Times Days Payable?

New Times HKSE:00166 Days Payable is 1.07 as of Dec. 2025, which is 57% above its 10-year median of 0.68. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, New Times ranks worse than 99.81% on this metric.

New Times's average Accounts Payable for the six months ended in Dec. 2025 was HK$46 Mil. New Times's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$7,876 Mil. Hence, New Times's Days Payable for the six months ended in Dec. 2025 was 1.07.

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

HKSE:00166' s Days Payable Range Over the Past 10 Years
Min: 0.3   Med: 0.68   Max: 146.91
Current: 0.84

During the past 13 years, New Times's highest Days Payable was 146.91. The lowest was 0.30. And the median was 0.68.

HKSE:00166's Days Payable is ranked worse than
99.81% of 1064 companies
in the Metals & Mining industry
Industry Median: 125.475 vs HKSE:00166: 0.84

New Times's Days Payable increased from Dec. 2024 (0.38) to Dec. 2025 (1.07). It may suggest that New Times delayed paying its suppliers.


New Times Days Payable Historical Data

* Premium members only.

The historical data trend for New Times'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.

New Times Days Payable Chart

New Times 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 0.39 0.35 0.30 0.55 0.81

New Times 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 0.38 0.74 0.38 0.62 1.07

New Times Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, New Times'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.


New Times Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Times's Days Payable distribution charts can be found below:

* The bar in red indicates where New Times's Days Payable falls into.



New Times 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.

New Times'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
=( (11.6 + 55.2) / 2 ) / 15000.8*365
=33.4 / 15000.8*365
=0.81

New Times'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
=( (36.9 + 55.2) / 2 ) / 7876.1*365 / 2
=46.05 / 7876.1*365 / 2
=1.07

* 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 1.07 mean?
New Times (HKSE:00166) has a Days Payable of 1.07 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 New Times and its competitors. This is 57% above median its historical median of 0.68. Over the past decade, New Times' Days Payable has ranged from 0.30 to 146.91. According to the industry distribution chart, New Times ranks #1062 out of 1064 companies in the Metals & Mining industry, placing it in the top 99.8%.
Is New Times' Days Payable too high?
New Times' current Days Payable of 1.07 is 57% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 146.91. The Metals & Mining industry median Days Payable is 125.48. New Times' value of 1.07 is 99.1% below this industry median. Based on the distribution chart, New Times ranks #1062 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does New Times' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, New Times ranks #1062 out of 1064 companies for Days Payable. This places New Times in the lower half of its industry. The industry median Days Payable is 125.48. New Times' value of 1.07 is 99.1% below this benchmark. Historically, New Times' own Days Payable has ranged from 0.30 to 146.91 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 125.48, New Times 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.48, based on 1,064 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. New Times's current Days Payable of 1.07 is 99.1% 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 New Times and its competitors. For the Metals & Mining industry, the median Days Payable is 125.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Times's current Days Payable is 1.07, which is 57% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Times stock overvalued right now?
Based on GuruFocus' analysis, New Times (HKSE:00166) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.04 — trading 30% below its estimated fair value. The current Days Payable is 1.07, which is 57% above median its 10-year median of 0.68 and 99.1% below the Metals & Mining industry median of 125.48. 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 New Times (HKSE:00166), the current Days Payable is 1.07 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.

New Times Business Description

Address 18 Queen’s Road Central, Room 1402, 14th Floor, New World Tower I, Hong Kong, HKG
New Times Corp Ltd is an investment holding company. The company operates its business through two segments. The Energy upstream and industrial park development, and the Precious metals refinery and trading segment. The company generates maximum revenue from the Precious metals refinery and trading segment, which includes trading and refinery of precious metals in Hong Kong.. The Energy upstream and industrial park development segment is engaged in the exploration, exploitation and sale of oil and gas products in Western Canada and Argentina, as well as the development of a new energy industrial park with an ecosystem which is self-sustaining in Campbell River, Canada. Geographically, Hong Kong accounts for the majority of its revenue.