Wing On Co International (HKSE:00289) Days Payable: 302.94 (As of Dec. 2025) — 16% Above Median

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HKSE:00289 Wing On Co International Ltd HKSE:00289
64 GF Score
Price HK$13.36
GF Value HK$9.98
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Wing On Co International Days Payable?

Wing On Co International HKSE:00289 64 Days Payable is 302.94 as of Dec. 2025, which is 16% above its 10-year median of 261.60. GuruFocus rates HKSE:00289 with a GF Score™ of 64/100 and a GF Value™ of HK$9.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Wing On Co International ranks better than 95.13% on this metric.

Wing On Co International's average Accounts Payable for the six months ended in Dec. 2025 was HK$311.5 Mil. Wing On Co International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$187.6 Mil. Hence, Wing On Co International's Days Payable for the six months ended in Dec. 2025 was 302.94.

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

HKSE:00289' s Days Payable Range Over the Past 10 Years
Min: 174.85   Med: 261.6   Max: 314.6
Current: 301.36

During the past 13 years, Wing On Co International's highest Days Payable was 314.60. The lowest was 174.85. And the median was 261.60.

HKSE:00289's Days Payable is ranked better than
95.13% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.57 vs HKSE:00289: 301.36

Wing On Co International's Days Payable declined from Dec. 2024 (342.71) to Dec. 2025 (302.94). It may suggest that Wing On Co International accelerated paying its suppliers.


Wing On Co International Days Payable Historical Data

* Premium members only.

The historical data trend for Wing On Co International'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.

Wing On Co International Days Payable Chart

Wing On Co International 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 284.39 314.60 301.44 282.78 260.01

Wing On Co International 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 374.44 405.97 342.71 343.98 302.94

HKSE:00289 vs DDS: Days Payable Comparison

For the Department Stores subindustry, Wing On Co International'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.


Wing On Co International Days Payable vs Retail - Cyclical Industry

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

* The bar in red indicates where Wing On Co International's Days Payable falls into.


HKSE:00289
64GF Score
Wing On Co International Ltd HKSE:00289
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wing On Co International 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.

Wing On Co International'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
=( (246.574 + 253.537) / 2 ) / 351.028*365
=250.0555 / 351.028*365
=260.01

Wing On Co International'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
=( (369.371 + 253.537) / 2 ) / 187.63*365 / 2
=311.454 / 187.63*365 / 2
=302.94

* 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 302.94 mean?
Wing On Co International (HKSE:00289) has a Days Payable of 302.94 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 Wing On Co International and its competitors. This is 16% above median its historical median of 261.60. Over the past decade, Wing On Co International's Days Payable has ranged from 174.85 to 314.60. According to the industry distribution chart, Wing On Co International ranks #54 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 4.9%.
Is Wing On Co International's Days Payable too high?
Wing On Co International's current Days Payable of 302.94 is 16% above median its 10-year median of 261.60. Over the past 10 years, this metric has ranged from a low of 174.85 to a high of 314.60. The Retail - Cyclical industry median Days Payable is 50.57. Wing On Co International's value of 302.94 is 499.1% above this industry median. Based on the distribution chart, Wing On Co International ranks #54 out of 1108 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Wing On Co International has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing On Co International's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, Wing On Co International ranks #54 out of 1108 companies for Days Payable. This places Wing On Co International in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.57. Wing On Co International's value of 302.94 is 499.1% above this benchmark. Historically, Wing On Co International's own Days Payable has ranged from 174.85 to 314.60 over the past decade. While the company's 10-year median is 261.60 vs. the industry median of 50.57, Wing On Co International 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.57, 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. Wing On Co International's current Days Payable of 302.94 is 499.1% 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 Wing On Co International and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing On Co International's current Days Payable is 302.94, which is 16% above median its own 10-year median of 261.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing On Co International stock overvalued right now?
Based on GuruFocus' analysis, Wing On Co International (HKSE:00289) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$9.98, compared to a current price of HK$13.36 — trading 33.9% above its estimated fair value. The current Days Payable is 302.94, which is 16% above median its 10-year median of 261.60 and 499.1% above the Retail - Cyclical industry median of 50.57. Wing On Co International's overall GF Score™ is 64/100 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 Wing On Co International (HKSE:00289), the current Days Payable is 302.94 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 Wing On Co International (HKSE:00289) Overvalued in 2026?

Based on GuruFocus' analysis, Wing On Co International stock appears to be overvalued. The current stock price of HK$13.36 is trading 33.9% above its estimated GF Value™ of HK$9.98. GuruFocus considers Wing On Co International to be Significantly Overvalued.

Key valuation signals for HKSE:00289:

  • Days Payable: 302.94 (16% above median its 10-year median of 261.60)
  • GF Value™: HK$9.98 vs. price of HK$13.36 (33.9% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 499.1% above the Retail - Cyclical median (#54 of 1108)

No single metric tells the full story. See the HKSE:00289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing On Co International Business Description

Address 211 Des Voeux Road Centrat, 7th Floor, Wing On Centre, Hong Kong, HKG
Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments, namely, Department Stores and Property Investment. The department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, the United States of America, and Mainland China. The firm derives the majority of its revenues from the department stores segment.
64GF Score

Get the complete analysis for HKSE:00289

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

HK$13.36
Price
HK$9.98
GF Value