Kwoon Chung Bus Holdings (HKSE:00306) Days Payable: 14.18 (As of Mar. 2026) — 10% Above 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:00306 Kwoon Chung Bus Holdings Ltd HKSE:00306
69 GF Score
Price HK$2.73
GF Value HK$2.81
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Kwoon Chung Bus Holdings Days Payable?

Kwoon Chung Bus Holdings HKSE:00306 69 Days Payable is 14.18 as of Mar. 2026, which is 10% above its 10-year median of 12.94. GuruFocus rates HKSE:00306 with a GF Score™ of 69/100 and a GF Value™ of HK$2.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 969 Transportation companies, Kwoon Chung Bus Holdings ranks worse than 89.16% on this metric.

Kwoon Chung Bus Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$79 Mil. Kwoon Chung Bus Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$1,017 Mil. Hence, Kwoon Chung Bus Holdings's Days Payable for the six months ended in Mar. 2026 was 14.18.

The historical rank and industry rank for Kwoon Chung Bus Holdings's Days Payable or its related term are showing as below:

HKSE:00306' s Days Payable Range Over the Past 10 Years
Min: 11.19   Med: 12.94   Max: 24.44
Current: 13.81

During the past 13 years, Kwoon Chung Bus Holdings's highest Days Payable was 24.44. The lowest was 11.19. And the median was 12.94.

HKSE:00306's Days Payable is ranked worse than
89.16% of 969 companies
in the Transportation industry
Industry Median: 38.63 vs HKSE:00306: 13.81

Kwoon Chung Bus Holdings's Days Payable increased from Mar. 2025 (13.01) to Mar. 2026 (14.18). It may suggest that Kwoon Chung Bus Holdings delayed paying its suppliers.


Kwoon Chung Bus Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kwoon Chung Bus Holdings'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.

Kwoon Chung Bus Holdings Days Payable Chart

Kwoon Chung Bus Holdings 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 24.44 19.98 12.73 12.20 14.08

Kwoon Chung Bus Holdings 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 11.88 12.96 13.01 13.15 14.18

HKSE:00306 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Kwoon Chung Bus Holdings'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.


Kwoon Chung Bus Holdings Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Kwoon Chung Bus Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Kwoon Chung Bus Holdings's Days Payable falls into.


HKSE:00306
69GF Score
Kwoon Chung Bus Holdings Ltd HKSE:00306
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwoon Chung Bus Holdings 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.

Kwoon Chung Bus Holdings'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
=( (67.383 + 85.831) / 2 ) / 1986.428*365
=76.607 / 1986.428*365
=14.08

Kwoon Chung Bus Holdings'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
=( (72.256 + 85.831) / 2 ) / 1017.265*365 / 2
=79.0435 / 1017.265*365 / 2
=14.18

* 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 14.18 mean?
Kwoon Chung Bus Holdings (HKSE:00306) has a Days Payable of 14.18 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 Kwoon Chung Bus Holdings and its competitors. This is 10% above median its historical median of 12.94. Over the past decade, Kwoon Chung Bus Holdings' Days Payable has ranged from 11.19 to 24.44. According to the industry distribution chart, Kwoon Chung Bus Holdings ranks #864 out of 969 companies in the Transportation industry, placing it in the top 89.2%.
Is Kwoon Chung Bus Holdings' Days Payable too high?
Kwoon Chung Bus Holdings' current Days Payable of 14.18 is 10% above median its 10-year median of 12.94. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 24.44. The Transportation industry median Days Payable is 38.63. Kwoon Chung Bus Holdings' value of 14.18 is 63.3% below this industry median. Based on the distribution chart, Kwoon Chung Bus Holdings ranks #864 out of 969 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kwoon Chung Bus Holdings has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kwoon Chung Bus Holdings' Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Kwoon Chung Bus Holdings ranks #864 out of 969 companies for Days Payable. This places Kwoon Chung Bus Holdings in the lower half of its industry. The industry median Days Payable is 38.63. Kwoon Chung Bus Holdings' value of 14.18 is 63.3% below this benchmark. Historically, Kwoon Chung Bus Holdings' own Days Payable has ranged from 11.19 to 24.44 over the past decade. While the company's 10-year median is 12.94 vs. the industry median of 38.63, Kwoon Chung Bus Holdings 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 Transportation company?
The median Days Payable among Transportation companies is 38.63, based on 969 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. Kwoon Chung Bus Holdings's current Days Payable of 14.18 is 63.3% 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 Kwoon Chung Bus Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwoon Chung Bus Holdings's current Days Payable is 14.18, which is 10% above median its own 10-year median of 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwoon Chung Bus Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kwoon Chung Bus Holdings (HKSE:00306) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.81, compared to a current price of HK$2.73 — trading 2.8% below its estimated fair value. The current Days Payable is 14.18, which is 10% above median its 10-year median of 12.94 and 63.3% below the Transportation industry median of 38.63. Kwoon Chung Bus Holdings' overall GF Score™ is 69/100 with 3 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 Kwoon Chung Bus Holdings (HKSE:00306), the current Days Payable is 14.18 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 Kwoon Chung Bus Holdings (HKSE:00306) Overvalued in 2026?

Based on GuruFocus' analysis, Kwoon Chung Bus Holdings stock appears to be undervalued. The current stock price of HK$2.73 is trading 2.8% below its estimated GF Value™ of HK$2.81. GuruFocus considers Kwoon Chung Bus Holdings to be Fairly Valued.

Key valuation signals for HKSE:00306:

  • Days Payable: 14.18 (10% above median its 10-year median of 12.94)
  • GF Value™: HK$2.81 vs. price of HK$2.73 (2.8% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 63.3% below the Transportation median (#864 of 969)

No single metric tells the full story. See the HKSE:00306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwoon Chung Bus Holdings Business Description

Address 8 Chong Fu Road, 3rd Floor, Chai Wan, Hong Kong, HKG
Kwoon Chung Bus Holdings Ltd is engaged in transportation businesses. The company's operating segment includes a Non-franchised Bus; Limousine; Franchised Bus and PLB; Mainland China Business and Others. It generates maximum revenue from the Non-franchised bus segment. The Non-franchised bus segment includes the provision of non-franchised bus hire services in Hong Kong, cross-boundary passenger transportation services (other than limousine hire services) between Hong Kong and Mainland China, and other related services. Geographically, it operates in Hong Kong and Macau; and Chinese Mainland.
69GF Score

Get the complete analysis for HKSE:00306

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

HK$2.73
Price
HK$2.81
GF Value