Minerva Group Holding (HKSE:00397) Days Payable: 1,173.57 (As of Dec. 2025) — Near Median

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What is Minerva Group Holding Days Payable?

Minerva Group Holding HKSE:00397 +4.65% Days Payable is 1,173.57 as of Dec. 2025, which is 1% below its 10-year median of 1,189.46. The stock has 3 warning signs investors should review. Among 74 Diversified Financial Services companies, Minerva Group Holding ranks better than 85.14% on this metric.

Minerva Group Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$12.58 Mil. Minerva Group Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1.96 Mil. Hence, Minerva Group Holding's Days Payable for the six months ended in Dec. 2025 was 1,173.57.

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

HKSE:00397' s Days Payable Range Over the Past 10 Years
Min: 313.25   Med: 1189.46   Max: 1791.95
Current: 1119.13

During the past 13 years, Minerva Group Holding's highest Days Payable was 1791.95. The lowest was 313.25. And the median was 1189.46.

HKSE:00397's Days Payable is ranked better than
85.14% of 74 companies
in the Diversified Financial Services industry
Industry Median: 74.68 vs HKSE:00397: 1119.13

Minerva Group Holding's Days Payable declined from Dec. 2024 (2,101.38) to Dec. 2025 (1,173.57). It may suggest that Minerva Group Holding accelerated paying its suppliers.


Minerva Group Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Minerva Group Holding'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.

Minerva Group Holding Days Payable Chart

Minerva Group Holding 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 830.09 1,714.20 1,351.85 1,042.80 940.29

Minerva Group Holding 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 1,877.56 2,101.38 632.78 1,173.57 1,101.11

HKSE:00397 vs FRHC, VOYA: Days Payable Comparison

For the Financial Conglomerates subindustry, Minerva Group Holding'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.


Minerva Group Holding Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Minerva Group Holding's Days Payable falls into.



Minerva Group Holding 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.

Minerva Group Holding'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
=( (11.107 + 14.876) / 2 ) / 5.043*365
=12.9915 / 5.043*365
=940.29

Minerva Group Holding'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
=( (10.293 + 14.876) / 2 ) / 1.957*365 / 2
=12.5845 / 1.957*365 / 2
=1,173.57

* 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 1,173.57 mean?
Minerva Group Holding (HKSE:00397) has a Days Payable of 1,173.57 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 Minerva Group Holding and its competitors. This is near median its historical median of 1,189.46. Over the past decade, Minerva Group Holding's Days Payable has ranged from 313.25 to 1,791.95. According to the industry distribution chart, Minerva Group Holding ranks #11 out of 74 companies in the Diversified Financial Services industry, placing it in the top 14.9%.
Is Minerva Group Holding's Days Payable too high?
Minerva Group Holding's current Days Payable of 1,173.57 is near median its 10-year median of 1,189.46. Over the past 10 years, this metric has ranged from a low of 313.25 to a high of 1,791.95. The Diversified Financial Services industry median Days Payable is 74.68. Minerva Group Holding's value of 1,173.57 is 1471.5% above this industry median. Based on the distribution chart, Minerva Group Holding ranks #11 out of 74 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers.
How does Minerva Group Holding's Days Payable compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Minerva Group Holding ranks #11 out of 74 companies for Days Payable. This places Minerva Group Holding in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 74.68. Minerva Group Holding's value of 1,173.57 is 1471.5% above this benchmark. Historically, Minerva Group Holding's own Days Payable has ranged from 313.25 to 1,791.95 over the past decade. While the company's 10-year median is 1,189.46 vs. the industry median of 74.68, Minerva Group Holding 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 a Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 74.68, based on 74 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. Minerva Group Holding's current Days Payable of 1,173.57 is 1471.5% 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 Minerva Group Holding and its competitors. For the Diversified Financial Services industry, the median Days Payable is 74.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva Group Holding's current Days Payable is 1,173.57, which is near median its own 10-year median of 1,189.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Minerva Group Holding (HKSE:00397) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.05 — trading 59.1% below its estimated fair value. The current Days Payable is 1,173.57, which is near median its 10-year median of 1,189.46 and 1471.5% above the Diversified Financial Services industry median of 74.68. 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 Minerva Group Holding (HKSE:00397), the current Days Payable is 1,173.57 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.

Minerva Group Holding Business Description

Address 16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG
Minerva Group Holding Ltd is a comprehensive wealth management service provider in Hong Kong mainly engaged in financial services business, money lending business, and assets investment. Its segments are Financial services segment engaged in provision of financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; Money lending segment engaged in provision of loan financing in Hong Kong; and Assets investment segment engaged in investments in debt securities earning fixed interest income, investments in properties earning rental income and capital gains, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains.