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.
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.
CMGE Technology GroupHKSE:00302 +0.53%47 Days Payable is 78.56 as of Dec. 2025, which is 70% above its 10-year median of 46.34. GuruFocus rates HKSE:00302 with a GF Score™ of 47/100 and a GF Value™ of HK$0.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 430 Interactive Media companies, CMGE Technology Group ranks better than 54.42% on this metric.
CMGE Technology Group Days Payable Historical Data
* Premium members only.
The historical data trend for CMGE Technology 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.
HKSE:00302 vs NTES, EA, TTWO: Days Payable Comparison
For the Electronic Gaming & Multimedia subindustry, CMGE Technology 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.
CMGE Technology Group Days Payable vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CMGE Technology Group's Days Payable distribution charts can be found below:
* The bar in red indicates where CMGE Technology Group's Days Payable falls into.
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.
CMGE Technology Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CMGE Technology Group (HKSE:00302) has a Days Payable of 78.56 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 CMGE Technology Group and its competitors. This is 70% above median its historical median of 46.34. Over the past decade, CMGE Technology Group's Days Payable has ranged from 26.47 to 82.32. According to the industry distribution chart, CMGE Technology Group ranks #196 out of 430 companies in the Interactive Media industry, placing it in the top 45.6%.
Is CMGE Technology Group's Days Payable too high?
CMGE Technology Group's current Days Payable of 78.56 is 70% above median its 10-year median of 46.34. Over the past 10 years, this metric has ranged from a low of 26.47 to a high of 82.32. The Interactive Media industry median Days Payable is 64.37. CMGE Technology Group's value of 78.56 is 22.1% above this industry median. Based on the distribution chart, CMGE Technology Group ranks #196 out of 430 companies in the Interactive Media industry, which is above the industry midpoint. Overall, CMGE Technology Group has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CMGE Technology Group's Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, CMGE Technology Group ranks #196 out of 430 companies for Days Payable. This puts CMGE Technology Group in the upper half of its industry. The industry median Days Payable is 64.37. CMGE Technology Group's value of 78.56 is 22.1% above this benchmark. Historically, CMGE Technology Group's own Days Payable has ranged from 26.47 to 82.32 over the past decade. While the company's 10-year median is 46.34 vs. the industry median of 64.37, CMGE Technology Group 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 64.37, based on 430 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. CMGE Technology Group's current Days Payable of 78.56 is 22.1% 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 CMGE Technology Group and its competitors. For the Interactive Media industry, the median Days Payable is 64.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMGE Technology Group's current Days Payable is 78.56, which is 70% above median its own 10-year median of 46.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMGE Technology Group stock overvalued right now?
Based on GuruFocus' analysis, CMGE Technology Group (HKSE:00302) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.19 — trading 66.7% below its estimated fair value. The current Days Payable is 78.56, which is 70% above median its 10-year median of 46.34 and 22.1% above the Interactive Media industry median of 64.37. CMGE Technology Group's overall GF Score™ is 47/100 with 6 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 CMGE Technology Group (HKSE:00302), the current Days Payable is 78.56 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 CMGE Technology Group (HKSE:00302) Overvalued in 2026?
Based on GuruFocus' analysis, CMGE Technology Group stock appears to be undervalued.
The current stock price of HK$0.19 is trading 66.7% below its estimated GF Value™ of HK$0.57.
GuruFocus considers CMGE Technology Group to be Possible Value Trap.
Key valuation signals for HKSE:00302:
Days Payable: 78.56 (70% above median its 10-year median of 46.34)
GF Value™: HK$0.57 vs. price of HK$0.19 (66.7% below fair value)
Industry Position: 22.1% above the Interactive Media median (#196 of 430)
No single metric tells the full story. See the HKSE:00302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMGE Technology Group Ltd is a China-based mobile game developer and publisher. The company provides IP-oriented games for players throughout the world through independent research and development (R&D) and co-development efforts. The company continues with its excellent contents and amazing interaction experience by focusing on its Proprietary IP "Legend of Sword and Fairy".
47GF Score
Get the complete analysis for HKSE:00302
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00302 has been successfully added to your 
