Wing Tai Properties (HKSE:00369) Days Payable: 33.69 (As of Dec. 2025) — 33% Above Median

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HKSE:00369 Wing Tai Properties Ltd HKSE:00369
66 GF Score
Price HK$1.92
GF Value HK$1.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Wing Tai Properties Days Payable?

Wing Tai Properties HKSE:00369 66 Days Payable is 33.69 as of Dec. 2025, which is 33% above its 10-year median of 25.40. GuruFocus rates HKSE:00369 with a GF Score™ of 66/100 and a GF Value™ of HK$1.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,575 Real Estate companies, Wing Tai Properties ranks worse than 73.65% on this metric.

Wing Tai Properties's average Accounts Payable for the six months ended in Dec. 2025 was HK$50 Mil. Wing Tai Properties's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$270 Mil. Hence, Wing Tai Properties's Days Payable for the six months ended in Dec. 2025 was 33.69.

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

HKSE:00369' s Days Payable Range Over the Past 10 Years
Min: 1.62   Med: 25.4   Max: 182.84
Current: 42.14

During the past 13 years, Wing Tai Properties's highest Days Payable was 182.84. The lowest was 1.62. And the median was 25.40.

HKSE:00369's Days Payable is ranked worse than
73.65% of 1575 companies
in the Real Estate industry
Industry Median: 95.33 vs HKSE:00369: 42.14

Wing Tai Properties's Days Payable declined from Dec. 2024 (44.64) to Dec. 2025 (33.69). It may suggest that Wing Tai Properties accelerated paying its suppliers.


Wing Tai Properties Days Payable Historical Data

* Premium members only.

The historical data trend for Wing Tai Properties'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 Tai Properties Days Payable Chart

Wing Tai Properties 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 1.62 1.90 40.54 28.03 44.29

Wing Tai Properties Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 23.68 44.64 26.99 33.69 56.20

Wing Tai Properties Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Wing Tai Properties'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 Tai Properties Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Days Payable falls into.


HKSE:00369
66GF Score
Wing Tai Properties Ltd HKSE:00369
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing Tai Properties 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 Tai Properties'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
=( (32.6 + 77.8) / 2 ) / 454.9*365
=55.2 / 454.9*365
=44.29

Wing Tai Properties'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
=( (22 + 77.8) / 2 ) / 270.3*365 / 2
=49.9 / 270.3*365 / 2
=33.69

* 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 33.69 mean?
Wing Tai Properties (HKSE:00369) has a Days Payable of 33.69 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 Tai Properties and its competitors. This is 33% above median its historical median of 25.40. Over the past decade, Wing Tai Properties' Days Payable has ranged from 1.62 to 182.84. According to the industry distribution chart, Wing Tai Properties ranks #1160 out of 1575 companies in the Real Estate industry, placing it in the top 73.7%.
Is Wing Tai Properties' Days Payable too high?
Wing Tai Properties' current Days Payable of 33.69 is 33% above median its 10-year median of 25.40. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 182.84. The Real Estate industry median Days Payable is 95.33. Wing Tai Properties' value of 33.69 is 64.7% below this industry median. Based on the distribution chart, Wing Tai Properties ranks #1160 out of 1575 companies in the Real Estate industry, which is below the industry midpoint. Overall, Wing Tai Properties has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Tai Properties' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Wing Tai Properties ranks #1160 out of 1575 companies for Days Payable. This places Wing Tai Properties in the lower half of its industry. The industry median Days Payable is 95.33. Wing Tai Properties' value of 33.69 is 64.7% below this benchmark. Historically, Wing Tai Properties' own Days Payable has ranged from 1.62 to 182.84 over the past decade. While the company's 10-year median is 25.40 vs. the industry median of 95.33, Wing Tai Properties 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 Real Estate company?
The median Days Payable among Real Estate companies is 95.33, based on 1,575 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 Tai Properties's current Days Payable of 33.69 is 64.7% 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 Wing Tai Properties and its competitors. For the Real Estate industry, the median Days Payable is 95.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Tai Properties's current Days Payable is 33.69, which is 33% above median its own 10-year median of 25.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Tai Properties stock overvalued right now?
Based on GuruFocus' analysis, Wing Tai Properties (HKSE:00369) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.43, compared to a current price of HK$1.92 — trading 34.3% above its estimated fair value. The current Days Payable is 33.69, which is 33% above median its 10-year median of 25.40 and 64.7% below the Real Estate industry median of 95.33. Wing Tai Properties' overall GF Score™ is 66/100 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 Wing Tai Properties (HKSE:00369), the current Days Payable is 33.69 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 Tai Properties (HKSE:00369) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Tai Properties stock appears to be overvalued. The current stock price of HK$1.92 is trading 34.3% above its estimated GF Value™ of HK$1.43. GuruFocus considers Wing Tai Properties to be Significantly Overvalued.

Key valuation signals for HKSE:00369:

  • Days Payable: 33.69 (33% above median its 10-year median of 25.40)
  • GF Value™: HK$1.43 vs. price of HK$1.92 (34.3% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 64.7% below the Real Estate median (#1160 of 1575)

No single metric tells the full story. See the HKSE:00369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing Tai Properties Business Description

Other Exchanges USH:Germany
Address Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through the following segments; Property Development which generates key revenue, Property Investment & Management, Hospitality Investment & Management, and Others. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, Chinese Mainland, Singapore and Others, of which the majority of its revenue comes from Hong Kong.
66GF Score

Get the complete analysis for HKSE:00369

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

HK$1.92
Price
HK$1.43
GF Value