Sa International Holdings (HKSE:00178) Days Payable: 38.65 (As of Mar. 2026) — Near Median

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HKSE:00178 Sa SA International Holdings Ltd HKSE:00178
54 GF Score
Price HK$0.95
GF Value HK$0.76
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sa International Holdings Days Payable?

Sa International Holdings HKSE:00178 -1.05% 54 Days Payable is 38.65 as of Mar. 2026, which is 8% below its 10-year median of 42.00. GuruFocus rates HKSE:00178 with a GF Score™ of 54/100 and a GF Value™ of HK$0.76 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Sa International Holdings ranks worse than 62.82% on this metric.

Sa International Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$312 Mil. Sa International Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$1,472 Mil. Hence, Sa International Holdings's Days Payable for the six months ended in Mar. 2026 was 38.65.

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

HKSE:00178' s Days Payable Range Over the Past 10 Years
Min: 23.81   Med: 42   Max: 52.94
Current: 38.74

During the past 13 years, Sa International Holdings's highest Days Payable was 52.94. The lowest was 23.81. And the median was 42.00.

HKSE:00178's Days Payable is ranked worse than
62.82% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.755 vs HKSE:00178: 38.74

Sa International Holdings's Days Payable increased from Mar. 2025 (37.61) to Mar. 2026 (38.65). It may suggest that Sa International Holdings delayed paying its suppliers.


Sa International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Sa 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.

Sa International Holdings Days Payable Chart

Sa 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 48.28 52.94 44.94 42.84 37.79

Sa 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 44.56 44.33 37.61 39.88 38.65

HKSE:00178 vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Sa 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.


Sa International Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sa International Holdings's Days Payable distribution charts can be found below:

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


HKSE:00178
54GF Score
Sa SA International Holdings Ltd HKSE:00178
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sa 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.

Sa 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
=( (238.626 + 322.161) / 2 ) / 2707.983*365
=280.3935 / 2707.983*365
=37.79

Sa 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
=( (301.421 + 322.161) / 2 ) / 1472.416*365 / 2
=311.791 / 1472.416*365 / 2
=38.65

* 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 38.65 mean?
Sa International Holdings (HKSE:00178) has a Days Payable of 38.65 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 Sa International Holdings and its competitors. This is near median its historical median of 42.00. Over the past decade, Sa International Holdings' Days Payable has ranged from 23.81 to 52.94. According to the industry distribution chart, Sa International Holdings ranks #696 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 62.8%.
Is Sa International Holdings' Days Payable too high?
Sa International Holdings' current Days Payable of 38.65 is near median its 10-year median of 42.00. Over the past 10 years, this metric has ranged from a low of 23.81 to a high of 52.94. The Retail - Cyclical industry median Days Payable is 50.76. Sa International Holdings' value of 38.65 is 23.8% below this industry median. Based on the distribution chart, Sa International Holdings ranks #696 out of 1108 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Sa International Holdings has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sa International Holdings' Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Sa International Holdings ranks #696 out of 1108 companies for Days Payable. This places Sa International Holdings in the lower half of its industry. The industry median Days Payable is 50.76. Sa International Holdings' value of 38.65 is 23.8% below this benchmark. Historically, Sa International Holdings' own Days Payable has ranged from 23.81 to 52.94 over the past decade. While the company's 10-year median is 42.00 vs. the industry median of 50.76, Sa 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.76, based on 1,108 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. Sa International Holdings's current Days Payable of 38.65 is 23.8% 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 Sa International Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sa International Holdings's current Days Payable is 38.65, which is near median its own 10-year median of 42.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sa International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sa International Holdings (HKSE:00178) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.76, compared to a current price of HK$0.95 — trading 24.3% above its estimated fair value. The current Days Payable is 38.65, which is near median its 10-year median of 42.00 and 23.8% below the Retail - Cyclical industry median of 50.76. Sa International Holdings' overall GF Score™ is 54/100 with 4 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 Sa International Holdings (HKSE:00178), the current Days Payable is 38.65 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.

Is Sa International Holdings (HKSE:00178) Overvalued in 2026?

Based on GuruFocus' analysis, Sa International Holdings stock appears to be overvalued. The current stock price of HK$0.95 is trading 24.3% above its estimated GF Value™ of HK$0.76. GuruFocus considers Sa International Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:00178:

  • Days Payable: 38.65 (near median its 10-year median of 42.00)
  • GF Value™: HK$0.76 vs. price of HK$0.95 (24.3% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 23.8% below the Retail - Cyclical median (#696 of 1108)

No single metric tells the full story. See the HKSE:00178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sa International Holdings Business Description

Other Exchanges SAXJY:USA
Address 18 Ka Yip Street, 8th Floor, Block B, MP Industrial Centre, Chai Wan, Hong Kong, HKG
Sa SA International Holdings Ltd is an investment holding company. The group operates as a beauty-product retail group in Asia. Its business covers Hong Kong and Macao SARs, the Chinese Mainland, and Southeast Asia. It is a one-stop beauty product specialty platform with a business focus on Beauty. The group provides diverse and quality products under more than 650 brands, ranging from skincare, fragrance, make-up, hair care, body care products, inner beauty and health products, as well as beauty equipment. Its diversified e-commerce platforms offer round-the-clock online shopping services along with comprehensive product information to customers from different countries. Its physical and online business presence is striving to provide a customer-centric omni-channel shopping experience.
54GF Score

Get the complete analysis for HKSE:00178

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

HK$0.95
Price
HK$0.76
GF Value