Liu Chong Hing Investment (HKSE:00194) Days Payable: 193.61 (As of Jun. 2026) — Near Median

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HKSE:00194 Liu Chong Hing Investment Ltd HKSE:00194
66 GF Score
Price HK$4.24
GF Value HK$4.87
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Liu Chong Hing Investment Days Payable?

Liu Chong Hing Investment HKSE:00194 66 Days Payable is 193.61 as of Jun. 2026, which is 2% above its 10-year median of 189.71. GuruFocus rates HKSE:00194 with a GF Score™ of 66/100 and a GF Value™ of HK$4.87 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,574 Real Estate companies, Liu Chong Hing Investment ranks better than 61.05% on this metric.

Liu Chong Hing Investment's average Accounts Payable for the six months ended in Jun. 2026 was HK$203.4 Mil. Liu Chong Hing Investment's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$191.8 Mil. Hence, Liu Chong Hing Investment's Days Payable for the six months ended in Jun. 2026 was 193.61.

The historical rank and industry rank for Liu Chong Hing Investment's Days Payable or its related term are showing as below:

HKSE:00194' s Days Payable Range Over the Past 10 Years
Min: 103.65   Med: 189.71   Max: 368.16
Current: 136.33

During the past 13 years, Liu Chong Hing Investment's highest Days Payable was 368.16. The lowest was 103.65. And the median was 189.71.

HKSE:00194's Days Payable is ranked better than
61.05% of 1574 companies
in the Real Estate industry
Industry Median: 94.67 vs HKSE:00194: 136.33

Liu Chong Hing Investment's Days Payable increased from Jun. 2025 (183.03) to Jun. 2026 (193.61). It may suggest that Liu Chong Hing Investment delayed paying its suppliers.


Liu Chong Hing Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Liu Chong Hing Investment'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.

Liu Chong Hing Investment Days Payable Chart

Liu Chong Hing Investment 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 189.49 326.35 171.24 368.16 279.52

Liu Chong Hing Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 599.28 245.60 183.03 160.02 193.61

Liu Chong Hing Investment Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.


Liu Chong Hing Investment Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Liu Chong Hing Investment's Days Payable falls into.


HKSE:00194
66GF Score
Liu Chong Hing Investment Ltd HKSE:00194
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Liu Chong Hing Investment 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.

Liu Chong Hing Investment'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
=( (442.744 + 351.982) / 2 ) / 518.882*365
=397.363 / 518.882*365
=279.52

Liu Chong Hing Investment's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (351.982 + 54.911) / 2 ) / 191.776*365 / 2
=203.4465 / 191.776*365 / 2
=193.61

* 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 193.61 mean?
Liu Chong Hing Investment (HKSE:00194) has a Days Payable of 193.61 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Liu Chong Hing Investment and its competitors. This is near median its historical median of 189.71. Over the past decade, Liu Chong Hing Investment's Days Payable has ranged from 103.65 to 368.16. According to the industry distribution chart, Liu Chong Hing Investment ranks #613 out of 1574 companies in the Real Estate industry, placing it in the top 38.9%.
Is Liu Chong Hing Investment's Days Payable too high?
Liu Chong Hing Investment's current Days Payable of 193.61 is near median its 10-year median of 189.71. Over the past 10 years, this metric has ranged from a low of 103.65 to a high of 368.16. The Real Estate industry median Days Payable is 94.67. Liu Chong Hing Investment's value of 193.61 is 104.5% above this industry median. Based on the distribution chart, Liu Chong Hing Investment ranks #613 out of 1574 companies in the Real Estate industry, which is above the industry midpoint. Overall, Liu Chong Hing Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liu Chong Hing Investment's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Liu Chong Hing Investment ranks #613 out of 1574 companies for Days Payable. This puts Liu Chong Hing Investment in the upper half of its industry. The industry median Days Payable is 94.67. Liu Chong Hing Investment's value of 193.61 is 104.5% above this benchmark. Historically, Liu Chong Hing Investment's own Days Payable has ranged from 103.65 to 368.16 over the past decade. While the company's 10-year median is 189.71 vs. the industry median of 94.67, Liu Chong Hing Investment 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 94.67, based on 1,574 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. Liu Chong Hing Investment's current Days Payable of 193.61 is 104.5% 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 Liu Chong Hing Investment and its competitors. For the Real Estate industry, the median Days Payable is 94.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liu Chong Hing Investment's current Days Payable is 193.61, which is near median its own 10-year median of 189.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liu Chong Hing Investment stock overvalued right now?
Based on GuruFocus' analysis, Liu Chong Hing Investment (HKSE:00194) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$4.87, compared to a current price of HK$4.24 — trading 13% below its estimated fair value. The current Days Payable is 193.61, which is near median its 10-year median of 189.71 and 104.5% above the Real Estate industry median of 94.67. Liu Chong Hing Investment's overall GF Score™ is 66/100 with 6 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 Liu Chong Hing Investment (HKSE:00194), the current Days Payable is 193.61 as of Jun. 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 Liu Chong Hing Investment (HKSE:00194) Overvalued in 2026?

Based on GuruFocus' analysis, Liu Chong Hing Investment stock appears to be undervalued. The current stock price of HK$4.24 is trading 13% below its estimated GF Value™ of HK$4.87. GuruFocus considers Liu Chong Hing Investment to be Modestly Undervalued.

Key valuation signals for HKSE:00194:

  • Days Payable: 193.61 (near median its 10-year median of 189.71)
  • GF Value™: HK$4.87 vs. price of HK$4.24 (13% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 104.5% above the Real Estate median (#613 of 1574)

No single metric tells the full story. See the HKSE:00194 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liu Chong Hing Investment Business Description

Address 24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG
Liu Chong Hing Investment Ltd principal activities of the Company are property investment and investment holding. It has six operating segments the Property investment includes investment and letting of properties; Property development includes development and sale of properties; Property management includes provision of property management services; Treasury investment includes dealings and investments in securities and other financial instruments; Trading and manufacturing includes manufacture and sale of magnetic products; and Hotel operation includes management and operation of hotel and food & beverage business. The company generates majority of revenue from Property development segment.
66GF Score

Get the complete analysis for HKSE:00194

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

HK$4.24
Price
HK$4.87
GF Value