GoFintech Quantum Innovation (HKSE:00290) Days Payable: 296.97 (As of Mar. 2026) — 73% Below Median

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HKSE:00290 GoFintech Quantum Innovation Ltd HKSE:00290
41 GF Score
Price HK$1.66
! 5 Warning Signs
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What is GoFintech Quantum Innovation Days Payable?

GoFintech Quantum Innovation HKSE:00290 +4.09% 41 Days Payable is 296.97 as of Mar. 2026, which is 73% below its 10-year median of 1,083.64. GuruFocus rates HKSE:00290 with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 74 Diversified Financial Services companies, GoFintech Quantum Innovation ranks better than 67.57% on this metric.

GoFintech Quantum Innovation's average Accounts Payable for the six months ended in Mar. 2026 was HK$1,078 Mil. GoFintech Quantum Innovation's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$662 Mil. Hence, GoFintech Quantum Innovation's Days Payable for the six months ended in Mar. 2026 was 296.97.

The historical rank and industry rank for GoFintech Quantum Innovation's Days Payable or its related term are showing as below:

HKSE:00290' s Days Payable Range Over the Past 10 Years
Min: 108.22   Med: 1083.64   Max: 3639.45
Current: 177.73

During the past 13 years, GoFintech Quantum Innovation's highest Days Payable was 3639.45. The lowest was 108.22. And the median was 1083.64.

HKSE:00290's Days Payable is ranked better than
67.57% of 74 companies
in the Diversified Financial Services industry
Industry Median: 70.99 vs HKSE:00290: 177.73

GoFintech Quantum Innovation's Days Payable increased from Mar. 2025 (46.55) to Mar. 2026 (296.97). It may suggest that GoFintech Quantum Innovation delayed paying its suppliers.


GoFintech Quantum Innovation Days Payable Historical Data

* Premium members only.

The historical data trend for GoFintech Quantum Innovation'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.

GoFintech Quantum Innovation Days Payable Chart

GoFintech Quantum Innovation 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 1,169.41 1,385.04 3,639.45 108.22 199.04

GoFintech Quantum Innovation 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 5,734.05 7,877.22 46.55 73.04 296.97

HKSE:00290 vs FRHC, VOYA: Days Payable Comparison

For the Financial Conglomerates subindustry, GoFintech Quantum Innovation'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.


GoFintech Quantum Innovation Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GoFintech Quantum Innovation's Days Payable distribution charts can be found below:

* The bar in red indicates where GoFintech Quantum Innovation's Days Payable falls into.


HKSE:00290
41GF Score
GoFintech Quantum Innovation Ltd HKSE:00290
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GoFintech Quantum Innovation 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.

GoFintech Quantum Innovation'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
=( (213.687 + 1601.313) / 2 ) / 1664.138*365
=907.5 / 1664.138*365
=199.04

GoFintech Quantum Innovation'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
=( (554.439 + 1601.313) / 2 ) / 662.406*365 / 2
=1077.876 / 662.406*365 / 2
=296.97

* 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 296.97 mean?
GoFintech Quantum Innovation (HKSE:00290) has a Days Payable of 296.97 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 GoFintech Quantum Innovation and its competitors. This is 73% below median its historical median of 1,083.64. Over the past decade, GoFintech Quantum Innovation's Days Payable has ranged from 108.22 to 3,639.45. According to the industry distribution chart, GoFintech Quantum Innovation ranks #24 out of 74 companies in the Diversified Financial Services industry, placing it in the top 32.4%.
Is GoFintech Quantum Innovation's Days Payable too high?
GoFintech Quantum Innovation's current Days Payable of 296.97 is 73% below median its 10-year median of 1,083.64. Over the past 10 years, this metric has ranged from a low of 108.22 to a high of 3,639.45. The Diversified Financial Services industry median Days Payable is 70.99. GoFintech Quantum Innovation's value of 296.97 is 318.3% above this industry median. Based on the distribution chart, GoFintech Quantum Innovation ranks #24 out of 74 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, GoFintech Quantum Innovation has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does GoFintech Quantum Innovation's Days Payable compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, GoFintech Quantum Innovation ranks #24 out of 74 companies for Days Payable. This puts GoFintech Quantum Innovation in the upper half of its industry. The industry median Days Payable is 70.99. GoFintech Quantum Innovation's value of 296.97 is 318.3% above this benchmark. Historically, GoFintech Quantum Innovation's own Days Payable has ranged from 108.22 to 3,639.45 over the past decade. While the company's 10-year median is 1,083.64 vs. the industry median of 70.99, GoFintech Quantum Innovation 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 70.99, based on 74 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. GoFintech Quantum Innovation's current Days Payable of 296.97 is 318.3% 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 GoFintech Quantum Innovation and its competitors. For the Diversified Financial Services industry, the median Days Payable is 70.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoFintech Quantum Innovation's current Days Payable is 296.97, which is 73% below median its own 10-year median of 1,083.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoFintech Quantum Innovation stock overvalued right now?
GoFintech Quantum Innovation (HKSE:00290) has a current Days Payable of 296.97. The current Days Payable is 296.97, which is 73% below median its 10-year median of 1,083.64 and 318.3% above the Diversified Financial Services industry median of 70.99. GoFintech Quantum Innovation's overall GF Score™ is 41/100 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 GoFintech Quantum Innovation (HKSE:00290), the current Days Payable is 296.97 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.

GoFintech Quantum Innovation Business Description

Address 183 Queen’s Road Central, 41st Floor COSCO Tower, Room 4102-06, Hong Kong, HKG
GoFintech Quantum Innovation Ltd Formerly GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.
41GF Score

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HK$1.66
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