Zensun Enterprises (HKSE:00185) Days Payable: 13.91 (As of Dec. 2025) — 28% Below Median

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What is Zensun Enterprises Days Payable?

Zensun Enterprises HKSE:00185 -6.25% Days Payable is 13.91 as of Dec. 2025, which is 28% below its 10-year median of 19.29. The stock has 7 warning signs investors should review. Among 1,573 Real Estate companies, Zensun Enterprises ranks worse than 87.98% on this metric.

Zensun Enterprises's average Accounts Payable for the six months ended in Dec. 2025 was HK$320 Mil. Zensun Enterprises's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$4,202 Mil. Hence, Zensun Enterprises's Days Payable for the six months ended in Dec. 2025 was 13.91.

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

HKSE:00185' s Days Payable Range Over the Past 10 Years
Min: 5.99   Med: 19.29   Max: 1754.89
Current: 17.49

During the past 13 years, Zensun Enterprises's highest Days Payable was 1754.89. The lowest was 5.99. And the median was 19.29.

HKSE:00185's Days Payable is ranked worse than
87.98% of 1573 companies
in the Real Estate industry
Industry Median: 94.33 vs HKSE:00185: 17.49

Zensun Enterprises's Days Payable increased from Dec. 2024 (8.36) to Dec. 2025 (13.91). It may suggest that Zensun Enterprises delayed paying its suppliers.


Zensun Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for Zensun Enterprises'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.

Zensun Enterprises Days Payable Chart

Zensun Enterprises 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 16.03 21.57 9.28 16.09 17.00

Zensun Enterprises 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 5.71 503.65 8.36 23.37 13.91

Zensun Enterprises Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Zensun Enterprises'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.


Zensun Enterprises Days Payable vs Real Estate Industry

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

* The bar in red indicates where Zensun Enterprises's Days Payable falls into.



Zensun Enterprises 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.

Zensun Enterprises'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
=( (366.348 + 288.9) / 2 ) / 7035.652*365
=327.624 / 7035.652*365
=17.00

Zensun Enterprises'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
=( (351.576 + 288.9) / 2 ) / 4202.469*365 / 2
=320.238 / 4202.469*365 / 2
=13.91

* 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 13.91 mean?
Zensun Enterprises (HKSE:00185) has a Days Payable of 13.91 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 Zensun Enterprises and its competitors. This is 28% below median its historical median of 19.29. Over the past decade, Zensun Enterprises' Days Payable has ranged from 5.99 to 1,754.89. According to the industry distribution chart, Zensun Enterprises ranks #1384 out of 1573 companies in the Real Estate industry, placing it in the top 88%.
Is Zensun Enterprises' Days Payable too high?
Zensun Enterprises' current Days Payable of 13.91 is 28% below median its 10-year median of 19.29. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 1,754.89. The Real Estate industry median Days Payable is 94.33. Zensun Enterprises' value of 13.91 is 85.3% below this industry median. Based on the distribution chart, Zensun Enterprises ranks #1384 out of 1573 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Zensun Enterprises' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Zensun Enterprises ranks #1384 out of 1573 companies for Days Payable. This places Zensun Enterprises in the lower half of its industry. The industry median Days Payable is 94.33. Zensun Enterprises' value of 13.91 is 85.3% below this benchmark. Historically, Zensun Enterprises' own Days Payable has ranged from 5.99 to 1,754.89 over the past decade. While the company's 10-year median is 19.29 vs. the industry median of 94.33, Zensun Enterprises 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.33, based on 1,573 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. Zensun Enterprises's current Days Payable of 13.91 is 85.3% 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 Zensun Enterprises and its competitors. For the Real Estate industry, the median Days Payable is 94.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zensun Enterprises's current Days Payable is 13.91, which is 28% below median its own 10-year median of 19.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zensun Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Zensun Enterprises (HKSE:00185) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.08 — trading 31.8% below its estimated fair value. The current Days Payable is 13.91, which is 28% below median its 10-year median of 19.29 and 85.3% below the Real Estate industry median of 94.33. 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 Zensun Enterprises (HKSE:00185), the current Days Payable is 13.91 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.

Zensun Enterprises Business Description

Other Exchanges OVZ1:Germany
Address 40-44 Wyndham Street, 24th Floor, Wyndham Commercial Centre, Hong Kong, HKG
Zensun Enterprises Ltd is an investment holding company. The group operates through the following segments, namely Property development in the Chinese Mainland, Property investment and management in the USA in AHR, Property investment other than AHR, Securities trading and investment, Hotel operations in the PRC, and Project management services in the Chinese Mainland. It generates maximum revenue from Property development in the Chinese Mainland. Geographically, it has operations in the PRC, Hong Kong, the USA, and Singapore.