Yangtzekiang Garment (HKSE:00294) Days Payable: 26.66 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00294 Yangtzekiang Garment Ltd HKSE:00294
40 GF Score
Price HK$1.00
GF Value HK$0.81
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Yangtzekiang Garment Days Payable?

Yangtzekiang Garment HKSE:00294 +1.01% 40 Days Payable is 26.66 as of Mar. 2026, which is 6% below its 10-year median of 28.41. GuruFocus rates HKSE:00294 with a GF Score™ of 40/100 and a GF Value™ of HK$0.81 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Yangtzekiang Garment ranks worse than 81.29% on this metric.

Yangtzekiang Garment's average Accounts Payable for the six months ended in Mar. 2026 was HK$11.9 Mil. Yangtzekiang Garment's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$81.4 Mil. Hence, Yangtzekiang Garment's Days Payable for the six months ended in Mar. 2026 was 26.66.

The historical rank and industry rank for Yangtzekiang Garment's Days Payable or its related term are showing as below:

HKSE:00294' s Days Payable Range Over the Past 10 Years
Min: 18.22   Med: 28.41   Max: 48.41
Current: 24.81

During the past 13 years, Yangtzekiang Garment's highest Days Payable was 48.41. The lowest was 18.22. And the median was 28.41.

HKSE:00294's Days Payable is ranked worse than
81.29% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.9 vs HKSE:00294: 24.81

Yangtzekiang Garment's Days Payable increased from Mar. 2025 (25.83) to Mar. 2026 (26.66). It may suggest that Yangtzekiang Garment delayed paying its suppliers.


Yangtzekiang Garment Days Payable Historical Data

* Premium members only.

The historical data trend for Yangtzekiang Garment'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.

Yangtzekiang Garment Days Payable Chart

Yangtzekiang Garment 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 26.03 25.38 28.24 25.68 18.22

Yangtzekiang Garment 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 34.75 48.06 25.83 29.78 26.66

HKSE:00294 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Yangtzekiang Garment'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.


Yangtzekiang Garment Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Yangtzekiang Garment's Days Payable falls into.


HKSE:00294
40GF Score
Yangtzekiang Garment Ltd HKSE:00294
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yangtzekiang Garment 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.

Yangtzekiang Garment'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
=( (7.193 + 7.973) / 2 ) / 151.931*365
=7.583 / 151.931*365
=18.22

Yangtzekiang Garment'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
=( (15.818 + 7.973) / 2 ) / 81.427*365 / 2
=11.8955 / 81.427*365 / 2
=26.66

* 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 26.66 mean?
Yangtzekiang Garment (HKSE:00294) has a Days Payable of 26.66 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 Yangtzekiang Garment and its competitors. This is near median its historical median of 28.41. Over the past decade, Yangtzekiang Garment's Days Payable has ranged from 18.22 to 48.41. According to the industry distribution chart, Yangtzekiang Garment ranks #830 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.3%.
Is Yangtzekiang Garment's Days Payable too high?
Yangtzekiang Garment's current Days Payable of 26.66 is near median its 10-year median of 28.41. Over the past 10 years, this metric has ranged from a low of 18.22 to a high of 48.41. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.90. Yangtzekiang Garment's value of 26.66 is 50.5% below this industry median. Based on the distribution chart, Yangtzekiang Garment ranks #830 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Yangtzekiang Garment has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yangtzekiang Garment's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yangtzekiang Garment ranks #830 out of 1021 companies for Days Payable. This places Yangtzekiang Garment in the lower half of its industry. The industry median Days Payable is 53.90. Yangtzekiang Garment's value of 26.66 is 50.5% below this benchmark. Historically, Yangtzekiang Garment's own Days Payable has ranged from 18.22 to 48.41 over the past decade. While the company's 10-year median is 28.41 vs. the industry median of 53.90, Yangtzekiang Garment 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 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. Yangtzekiang Garment's current Days Payable of 26.66 is 50.5% 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 Yangtzekiang Garment 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. Yangtzekiang Garment's current Days Payable is 26.66, which is near median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangtzekiang Garment stock overvalued right now?
Based on GuruFocus' analysis, Yangtzekiang Garment (HKSE:00294) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.81, compared to a current price of HK$1.00 — trading 23.5% above its estimated fair value. The current Days Payable is 26.66, which is near median its 10-year median of 28.41 and 50.5% below the Manufacturing - Apparel & Accessories industry median of 53.90. Yangtzekiang Garment's overall GF Score™ is 40/100 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 Yangtzekiang Garment (HKSE:00294), the current Days Payable is 26.66 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 Yangtzekiang Garment (HKSE:00294) Overvalued in 2026?

Based on GuruFocus' analysis, Yangtzekiang Garment stock appears to be overvalued. The current stock price of HK$1.00 is trading 23.5% above its estimated GF Value™ of HK$0.81. GuruFocus considers Yangtzekiang Garment to be Modestly Overvalued.

Key valuation signals for HKSE:00294:

  • Days Payable: 26.66 (near median its 10-year median of 28.41)
  • GF Value™: HK$0.81 vs. price of HK$1.00 (23.5% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 50.5% below the Manufacturing - Apparel & Accessories median (#830 of 1021)

No single metric tells the full story. See the HKSE:00294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yangtzekiang Garment Business Description

Address 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
Yangtzekiang Garment Ltd is a Hong Kong-based company principally engaged in garment and property businesses. The company operates through three segments; Manufacture and sale of garments and textiles segment which generates revenue. This segment also covers the provision of garment processing services. Interests in the joint ventures segment are engaged in the manufacture and sales of textile yarn products through its joint ventures. The property leasing segment is engaged in the leasing of commercial and industrial properties.
40GF Score

Get the complete analysis for HKSE:00294

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

HK$1.00
Price
HK$0.81
GF Value