Mei Ah Entertainment Group (HKSE:00391) Days Payable: 49.37 (As of Mar. 2026) — 10% Above Median

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HKSE:00391 Mei Ah Entertainment Group Ltd HKSE:00391
33 GF Score
Price HK$0.32
GF Value HK$0.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Mei Ah Entertainment Group Days Payable?

Mei Ah Entertainment Group HKSE:00391 +5.00% 33 Days Payable is 49.37 as of Mar. 2026, which is 10% above its 10-year median of 44.98. GuruFocus rates HKSE:00391 with a GF Score™ of 33/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 913 Media - Diversified companies, Mei Ah Entertainment Group ranks worse than 57.06% on this metric.

Mei Ah Entertainment Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$8.48 Mil. Mei Ah Entertainment Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$31.34 Mil. Hence, Mei Ah Entertainment Group's Days Payable for the six months ended in Mar. 2026 was 49.37.

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

HKSE:00391' s Days Payable Range Over the Past 10 Years
Min: 9.1   Med: 44.98   Max: 76.6
Current: 62.74

During the past 13 years, Mei Ah Entertainment Group's highest Days Payable was 76.60. The lowest was 9.10. And the median was 44.98.

HKSE:00391's Days Payable is ranked worse than
57.06% of 913 companies
in the Media - Diversified industry
Industry Median: 80.94 vs HKSE:00391: 62.74

Mei Ah Entertainment Group's Days Payable increased from Mar. 2025 (36.85) to Mar. 2026 (49.37). It may suggest that Mei Ah Entertainment Group delayed paying its suppliers.


Mei Ah Entertainment Group Days Payable Historical Data

* Premium members only.

The historical data trend for Mei Ah Entertainment 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.

Mei Ah Entertainment Group Days Payable Chart

Mei Ah Entertainment Group 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 76.60 46.34 44.30 30.00 59.97

Mei Ah Entertainment Group 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 32.57 18.83 36.85 90.22 49.37

HKSE:00391 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, Mei Ah Entertainment 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.


Mei Ah Entertainment Group Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mei Ah Entertainment Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Mei Ah Entertainment Group's Days Payable falls into.


HKSE:00391
33GF Score
Mei Ah Entertainment Group Ltd HKSE:00391
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mei Ah Entertainment 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.

Mei Ah Entertainment Group'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
=( (8.336 + 7.784) / 2 ) / 49.054*365
=8.06 / 49.054*365
=59.97

Mei Ah Entertainment Group'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
=( (9.175 + 7.784) / 2 ) / 31.343*365 / 2
=8.4795 / 31.343*365 / 2
=49.37

* 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 49.37 mean?
Mei Ah Entertainment Group (HKSE:00391) has a Days Payable of 49.37 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 Mei Ah Entertainment Group and its competitors. This is 10% above median its historical median of 44.98. Over the past decade, Mei Ah Entertainment Group's Days Payable has ranged from 9.10 to 76.60. According to the industry distribution chart, Mei Ah Entertainment Group ranks #521 out of 913 companies in the Media - Diversified industry, placing it in the top 57.1%.
Is Mei Ah Entertainment Group's Days Payable too high?
Mei Ah Entertainment Group's current Days Payable of 49.37 is 10% above median its 10-year median of 44.98. Over the past 10 years, this metric has ranged from a low of 9.10 to a high of 76.60. The Media - Diversified industry median Days Payable is 80.94. Mei Ah Entertainment Group's value of 49.37 is 39% below this industry median. Based on the distribution chart, Mei Ah Entertainment Group ranks #521 out of 913 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Mei Ah Entertainment Group has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mei Ah Entertainment Group's Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Mei Ah Entertainment Group ranks #521 out of 913 companies for Days Payable. This places Mei Ah Entertainment Group in the lower half of its industry. The industry median Days Payable is 80.94. Mei Ah Entertainment Group's value of 49.37 is 39% below this benchmark. Historically, Mei Ah Entertainment Group's own Days Payable has ranged from 9.10 to 76.60 over the past decade. While the company's 10-year median is 44.98 vs. the industry median of 80.94, Mei Ah Entertainment 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 80.94, based on 913 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. Mei Ah Entertainment Group's current Days Payable of 49.37 is 39% 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 Mei Ah Entertainment Group and its competitors. For the Media - Diversified industry, the median Days Payable is 80.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mei Ah Entertainment Group's current Days Payable is 49.37, which is 10% above median its own 10-year median of 44.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mei Ah Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Mei Ah Entertainment Group (HKSE:00391) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.32 — trading 162.5% above its estimated fair value. The current Days Payable is 49.37, which is 10% above median its 10-year median of 44.98 and 39% below the Media - Diversified industry median of 80.94. Mei Ah Entertainment Group's overall GF Score™ is 33/100 with 9 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 Mei Ah Entertainment Group (HKSE:00391), the current Days Payable is 49.37 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 Mei Ah Entertainment Group (HKSE:00391) Overvalued in 2026?

Based on GuruFocus' analysis, Mei Ah Entertainment Group stock appears to be overvalued. The current stock price of HK$0.32 is trading 162.5% above its estimated GF Value™ of HK$0.12. GuruFocus considers Mei Ah Entertainment Group to be Significantly Overvalued.

Key valuation signals for HKSE:00391:

  • Days Payable: 49.37 (10% above median its 10-year median of 44.98)
  • GF Value™: HK$0.12 vs. price of HK$0.32 (162.5% above fair value)
  • GF Score™: 33/100 with 9 warning signs
  • Industry Position: 39% below the Media - Diversified median (#521 of 913)

No single metric tells the full story. See the HKSE:00391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mei Ah Entertainment Group Business Description

Address 28 Chun Choi Street, 5th Floor, Mei Ah Centre, Kowloon, Tseung Kwan O Industrial Estate, Hong Kong, HKG
Mei Ah Entertainment Group Ltd is an investment holding company. The company's operating segment includes Channel operations; Film exhibition and film rights licensing and sub-licensing; Cinema operations; Concert performance and events organisation; and Subcontracting service income. The company generates maximum revenue from the Channel operations segment. The company also generates other income from Rental income from investment properties; and Management fee income.
33GF Score

Get the complete analysis for HKSE:00391

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

HK$0.32
Price
HK$0.12
GF Value