China Pipe Group (HKSE:00380) Days Payable: 27.70 (As of Dec. 2025) — 20% Below Median

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HKSE:00380 China Pipe Group Ltd HKSE:00380
50 GF Score
Price HK$0.12
GF Value HK$0.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is China Pipe Group Days Payable?

China Pipe Group HKSE:00380 -3.88% 50 Days Payable is 27.70 as of Dec. 2025, which is 20% below its 10-year median of 34.67. GuruFocus rates HKSE:00380 with a GF Score™ of 50/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,108 Retail - Cyclical companies, China Pipe Group ranks worse than 72.74% on this metric.

China Pipe Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$33.5 Mil. China Pipe Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$220.8 Mil. Hence, China Pipe Group's Days Payable for the six months ended in Dec. 2025 was 27.70.

The historical rank and industry rank for China Pipe Group's Days Payable or its related term are showing as below:

HKSE:00380' s Days Payable Range Over the Past 10 Years
Min: 21.85   Med: 34.67   Max: 51.94
Current: 31.25

During the past 13 years, China Pipe Group's highest Days Payable was 51.94. The lowest was 21.85. And the median was 34.67.

HKSE:00380's Days Payable is ranked worse than
72.74% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.645 vs HKSE:00380: 31.25

China Pipe Group's Days Payable increased from Dec. 2024 (25.90) to Dec. 2025 (27.70). It may suggest that China Pipe Group delayed paying its suppliers.


China Pipe Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Pipe 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.

China Pipe Group Days Payable Chart

China Pipe Group 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 47.88 35.05 21.85 26.76 36.63

China Pipe Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.32 20.98 25.90 29.37 27.70

HKSE:00380 vs HD, LOW, FND: Days Payable Comparison

For the Home Improvement Retail subindustry, China Pipe 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.


China Pipe Group Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Pipe Group's Days Payable falls into.


HKSE:00380
50GF Score
China Pipe Group Ltd HKSE:00380
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Pipe Group 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.

China Pipe Group'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
=( (48.532 + 41.798) / 2 ) / 450.009*365
=45.165 / 450.009*365
=36.63

China Pipe Group'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
=( (25.239 + 41.798) / 2 ) / 220.845*365 / 2
=33.5185 / 220.845*365 / 2
=27.70

* 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 27.70 mean?
China Pipe Group (HKSE:00380) has a Days Payable of 27.70 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 China Pipe Group and its competitors. This is 20% below median its historical median of 34.67. Over the past decade, China Pipe Group's Days Payable has ranged from 21.85 to 51.94. According to the industry distribution chart, China Pipe Group ranks #806 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 72.7%.
Is China Pipe Group's Days Payable too high?
China Pipe Group's current Days Payable of 27.70 is 20% below median its 10-year median of 34.67. Over the past 10 years, this metric has ranged from a low of 21.85 to a high of 51.94. The Retail - Cyclical industry median Days Payable is 50.65. China Pipe Group's value of 27.70 is 45.3% below this industry median. Based on the distribution chart, China Pipe Group ranks #806 out of 1108 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Pipe Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Pipe Group's Days Payable compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, China Pipe Group ranks #806 out of 1108 companies for Days Payable. This places China Pipe Group in the lower half of its industry. The industry median Days Payable is 50.65. China Pipe Group's value of 27.70 is 45.3% below this benchmark. Historically, China Pipe Group's own Days Payable has ranged from 21.85 to 51.94 over the past decade. While the company's 10-year median is 34.67 vs. the industry median of 50.65, China Pipe Group 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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. China Pipe Group's current Days Payable of 27.70 is 45.3% 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 China Pipe Group and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Pipe Group's current Days Payable is 27.70, which is 20% below median its own 10-year median of 34.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pipe Group stock overvalued right now?
Based on GuruFocus' analysis, China Pipe Group (HKSE:00380) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.12 — trading 37.8% above its estimated fair value. The current Days Payable is 27.70, which is 20% below median its 10-year median of 34.67 and 45.3% below the Retail - Cyclical industry median of 50.65. China Pipe Group's overall GF Score™ is 50/100 with 2 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 China Pipe Group (HKSE:00380), the current Days Payable is 27.70 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 China Pipe Group (HKSE:00380) Overvalued in 2026?

Based on GuruFocus' analysis, China Pipe Group stock appears to be overvalued. The current stock price of HK$0.12 is trading 37.8% above its estimated GF Value™ of HK$0.09. GuruFocus considers China Pipe Group to be Significantly Overvalued.

Key valuation signals for HKSE:00380:

  • Days Payable: 27.70 (20% below median its 10-year median of 34.67)
  • GF Value™: HK$0.09 vs. price of HK$0.12 (37.8% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 45.3% below the Retail - Cyclical median (#806 of 1108)

No single metric tells the full story. See the HKSE:00380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Pipe Group Business Description

Address 193 Prince Edward Road West, Unit 1010-1016, Level 10, Tower II, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG
China Pipe Group Ltd is engaged in the importing and selling of a range of pipes, fittings, and other related accessories of different materials, applications, and brand names. Sales of the group's products are conducted either by wholesale or retail sale. The company operates under one operating segment, the trading of construction materials, mainly pipes and fittings. Geographically, it operates in Hong Kong, Macau, and Mainland China, with the majority of the revenue deriving from Hong Kong.
50GF Score

Get the complete analysis for HKSE:00380

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

HK$0.12
Price
HK$0.09
GF Value