China International Development (HKSE:00264) Days Payable: 53.90 (As of Dec. 2025) — 43% Above Median

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HKSE:00264 China International Development Corp Ltd HKSE:00264
54 GF Score
Price HK$2.01
GF Value HK$2.96
Valuation Possible Value Trap
! 5 Warning Signs
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What is China International Development Days Payable?

China International Development HKSE:00264 -0.50% 54 Days Payable is 53.90 as of Dec. 2025, which is 43% above its 10-year median of 37.79. GuruFocus rates HKSE:00264 with a GF Score™ of 54/100 and a GF Value™ of HK$2.96 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, China International Development ranks better than 58.18% on this metric.

China International Development's average Accounts Payable for the six months ended in Dec. 2025 was HK$9.33 Mil. China International Development's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$31.60 Mil. Hence, China International Development's Days Payable for the six months ended in Dec. 2025 was 53.90.

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

HKSE:00264' s Days Payable Range Over the Past 10 Years
Min: 27.85   Med: 37.79   Max: 93.46
Current: 63.21

During the past 13 years, China International Development's highest Days Payable was 93.46. The lowest was 27.85. And the median was 37.79.

HKSE:00264's Days Payable is ranked better than
58.18% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.9 vs HKSE:00264: 63.21

China International Development's Days Payable declined from Dec. 2024 (75.83) to Dec. 2025 (53.90). It may suggest that China International Development accelerated paying its suppliers.


China International Development Days Payable Related Terms


China International Development Days Payable Historical Data

* Premium members only.

The historical data trend for China International Development'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.

China International Development Days Payable Chart

China International Development Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.81 47.02 75.11 93.46 38.14

China International Development Semi-Annual Data
Mar16 Sep16 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 62.19 77.62 75.83 126.84 53.90

HKSE:00264 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, China International Development'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.


China International Development Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China International Development's Days Payable distribution charts can be found below:

* The bar in red indicates where China International Development's Days Payable falls into.


HKSE:00264
54GF Score
China International Development Corp Ltd HKSE:00264
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China International Development 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.

China International Development'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
=( (4.766 + 4.661) / 2 ) / 45.109*365
=4.7135 / 45.109*365
=38.14

China International Development'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
=( (14.007 + 4.661) / 2 ) / 31.604*365 / 2
=9.334 / 31.604*365 / 2
=53.90

* 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 53.90 mean?
China International Development (HKSE:00264) has a Days Payable of 53.90 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 China International Development and its competitors. This is 43% above median its historical median of 37.79. Over the past decade, China International Development's Days Payable has ranged from 27.85 to 93.46. According to the industry distribution chart, China International Development ranks #427 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.8%.
Is China International Development's Days Payable too high?
China International Development's current Days Payable of 53.90 is 43% above median its 10-year median of 37.79. Over the past 10 years, this metric has ranged from a low of 27.85 to a high of 93.46. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.90. China International Development's value of 53.90 is 0% at this industry median. Based on the distribution chart, China International Development ranks #427 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, China International Development has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China International Development's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China International Development ranks #427 out of 1021 companies for Days Payable. This puts China International Development in the upper half of its industry. The industry median Days Payable is 53.90. China International Development's value of 53.90 is 0% at this benchmark. Historically, China International Development's own Days Payable has ranged from 27.85 to 93.46 over the past decade. While the company's 10-year median is 37.79 vs. the industry median of 53.90, China International Development has consistently been at 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.90, based on 1,021 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. China International Development's current Days Payable of 53.90 is 0% at 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 China International Development and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China International Development's current Days Payable is 53.90, which is 43% above median its own 10-year median of 37.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China International Development stock overvalued right now?
Based on GuruFocus' analysis, China International Development (HKSE:00264) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.96, compared to a current price of HK$2.01 — trading 32.3% below its estimated fair value. The current Days Payable is 53.90, which is 43% above median its 10-year median of 37.79 and 0% at the Manufacturing - Apparel & Accessories industry median of 53.90. China International Development's overall GF Score™ is 54/100 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 China International Development (HKSE:00264), the current Days Payable is 53.90 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.

Is China International Development (HKSE:00264) Overvalued in 2026?

Based on GuruFocus' analysis, China International Development stock appears to be undervalued. The current stock price of HK$2.01 is trading 32.3% below its estimated GF Value™ of HK$2.96. GuruFocus considers China International Development to be Possible Value Trap.

Key valuation signals for HKSE:00264:

  • Days Payable: 53.90 (43% above median its 10-year median of 37.79)
  • GF Value™: HK$2.96 vs. price of HK$2.01 (32.3% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 0% at the Manufacturing - Apparel & Accessories median (#427 of 1021)

No single metric tells the full story. See the HKSE:00264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China International Development Business Description

Address 8 Fleming Road, Room 06, 15th Floor, Tai Tung Building, Wanchai, Hong Kong, HKG
China International Development Corp Ltd is an investment holding company engaged in the manufacturing and distribution of leather products, retail of fashion apparel, footwear, and leather accessories, industrial hemp planting and production of hemp fabric products, and provision of automobile services and sales of related products. Its segments are: Leather Manufacturing Business segment, which generates maximum revenue and engages in manufacturing and distribution of leather products; Leather Retail Business segment; Automobile Services Business segment; and Lifestyle Consumer Business segment, which engages in sales of lifestyle consumer products. The Group generates the majority of revenue from Hong Kong, China.
54GF Score

Get the complete analysis for HKSE:00264

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

HK$2.01
Price
HK$2.96
GF Value