Pioneer Global Group (HKSE:00224) Days Payable: 27.46 (As of Mar. 2026) — 51% Below Median

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HKSE:00224 Pioneer Global Group Ltd HKSE:00224
30 GF Score
Price HK$0.58
GF Value HK$0.61
Valuation Fairly Valued
! 5 Warning Signs
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What is Pioneer Global Group Days Payable?

Pioneer Global Group HKSE:00224 30 Days Payable is 27.46 as of Mar. 2026, which is 51% below its 10-year median of 56.48. GuruFocus rates HKSE:00224 with a GF Score™ of 30/100 and a GF Value™ of HK$0.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,573 Real Estate companies, Pioneer Global Group ranks worse than 83.22% on this metric.

Pioneer Global Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$3.9 Mil. Pioneer Global Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$25.8 Mil. Hence, Pioneer Global Group's Days Payable for the six months ended in Mar. 2026 was 27.46.

The historical rank and industry rank for Pioneer Global Group's Days Payable or its related term are showing as below:

HKSE:00224' s Days Payable Range Over the Past 10 Years
Min: 25.2   Med: 56.48   Max: 282.89
Current: 26.38

During the past 13 years, Pioneer Global Group's highest Days Payable was 282.89. The lowest was 25.20. And the median was 56.48.

HKSE:00224's Days Payable is ranked worse than
83.22% of 1573 companies
in the Real Estate industry
Industry Median: 92.71 vs HKSE:00224: 26.38

Pioneer Global Group's Days Payable increased from Mar. 2025 (26.09) to Mar. 2026 (27.46). It may suggest that Pioneer Global Group delayed paying its suppliers.


Pioneer Global Group Days Payable Historical Data

* Premium members only.

The historical data trend for Pioneer Global Group'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.

Pioneer Global Group Days Payable Chart

Pioneer Global Group 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 64.22 46.65 39.15 31.25 25.20

Pioneer Global Group 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 39.69 37.04 26.09 26.45 27.46

HKSE:00224 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Pioneer Global Group'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.


Pioneer Global Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Pioneer Global Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Global Group's Days Payable falls into.


HKSE:00224
30GF Score
Pioneer Global Group Ltd HKSE:00224
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Global Group 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.

Pioneer Global Group'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
=( (3.068 + 3.821) / 2 ) / 49.896*365
=3.4445 / 49.896*365
=25.20

Pioneer Global Group'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
=( (3.929 + 3.821) / 2 ) / 25.754*365 / 2
=3.875 / 25.754*365 / 2
=27.46

* 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 27.46 mean?
Pioneer Global Group (HKSE:00224) has a Days Payable of 27.46 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 Pioneer Global Group and its competitors. This is 51% below median its historical median of 56.48. Over the past decade, Pioneer Global Group's Days Payable has ranged from 25.20 to 282.89. According to the industry distribution chart, Pioneer Global Group ranks #1309 out of 1573 companies in the Real Estate industry, placing it in the top 83.2%.
Is Pioneer Global Group's Days Payable too high?
Pioneer Global Group's current Days Payable of 27.46 is 51% below median its 10-year median of 56.48. Over the past 10 years, this metric has ranged from a low of 25.20 to a high of 282.89. The Real Estate industry median Days Payable is 92.71. Pioneer Global Group's value of 27.46 is 70.4% below this industry median. Based on the distribution chart, Pioneer Global Group ranks #1309 out of 1573 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Pioneer Global Group has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Global Group's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Pioneer Global Group ranks #1309 out of 1573 companies for Days Payable. This places Pioneer Global Group in the lower half of its industry. The industry median Days Payable is 92.71. Pioneer Global Group's value of 27.46 is 70.4% below this benchmark. Historically, Pioneer Global Group's own Days Payable has ranged from 25.20 to 282.89 over the past decade. While the company's 10-year median is 56.48 vs. the industry median of 92.71, Pioneer Global Group 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 92.71, 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. Pioneer Global Group's current Days Payable of 27.46 is 70.4% 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 Pioneer Global Group and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Global Group's current Days Payable is 27.46, which is 51% below median its own 10-year median of 56.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Global Group stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Global Group (HKSE:00224) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.61, compared to a current price of HK$0.58 — trading 5.7% below its estimated fair value. The current Days Payable is 27.46, which is 51% below median its 10-year median of 56.48 and 70.4% below the Real Estate industry median of 92.71. Pioneer Global Group's overall GF Score™ is 30/100 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 Pioneer Global Group (HKSE:00224), the current Days Payable is 27.46 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 Pioneer Global Group (HKSE:00224) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Global Group stock appears to be undervalued. The current stock price of HK$0.58 is trading 5.7% below its estimated GF Value™ of HK$0.61. GuruFocus considers Pioneer Global Group to be Fairly Valued.

Key valuation signals for HKSE:00224:

  • Days Payable: 27.46 (51% below median its 10-year median of 56.48)
  • GF Value™: HK$0.61 vs. price of HK$0.58 (5.7% below fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 70.4% below the Real Estate median (#1309 of 1573)

No single metric tells the full story. See the HKSE:00224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pioneer Global Group Business Description

Address 68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG
Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, Investments, and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.
30GF Score

Get the complete analysis for HKSE:00224

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

HK$0.58
Price
HK$0.61
GF Value