Starcoin Group (HKSE:00399) Days Payable: 39.32 (As of Sep. 2025) — 80% Below Median

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What is Starcoin Group Days Payable?

Starcoin Group HKSE:00399 Days Payable is 39.32 as of Sep. 2025, which is 80% below its 10-year median of 199.67. The stock has 7 warning signs investors should review.

Starcoin Group's average Accounts Payable for the six months ended in Sep. 2025 was HK$0.59 Mil. Starcoin Group's Cost of Goods Sold for the six months ended in Sep. 2025 was HK$2.76 Mil. Hence, Starcoin Group's Days Payable for the six months ended in Sep. 2025 was 39.32.

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

HKSE:00399' s Days Payable Range Over the Past 10 Years
Min: 48.43   Med: 199.67   Max: 443.11
Current: 224.33

During the past 13 years, Starcoin Group's highest Days Payable was 443.11. The lowest was 48.43. And the median was 199.67.

HKSE:00399's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 50.645 vs HKSE:00399: 224.33

Starcoin Group's Days Payable declined from Sep. 2024 (142.17) to Sep. 2025 (39.32). It may suggest that Starcoin Group accelerated paying its suppliers.


Starcoin Group Days Payable Historical Data

* Premium members only.

The historical data trend for Starcoin 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.

Starcoin Group Days Payable Chart

Starcoin Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.29 246.54 307.88 186.37 191.04

Starcoin Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 205.62 203.78 142.17 0.00 39.32

HKSE:00399 vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Starcoin 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.


Starcoin Group Days Payable vs Retail - Cyclical Industry

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

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



Starcoin 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.

Starcoin Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1.853 + 0.139) / 2 ) / 1.903*365
=0.996 / 1.903*365
=191.04

Starcoin Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.139 + 1.05) / 2 ) / 2.759*365 / 2
=0.5945 / 2.759*365 / 2
=39.32

* 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 39.32 mean?
Starcoin Group (HKSE:00399) has a Days Payable of 39.32 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Starcoin Group and its competitors. This is 80% below median its historical median of 199.67. Over the past decade, Starcoin Group's Days Payable has ranged from 48.43 to 443.11.
Is Starcoin Group's Days Payable too high?
Starcoin Group's current Days Payable of 39.32 is 80% below median its 10-year median of 199.67. Over the past 10 years, this metric has ranged from a low of 48.43 to a high of 443.11. The Retail - Cyclical industry median Days Payable is 50.65. Starcoin Group's value of 39.32 is 22.4% below this industry median.
How does Starcoin Group's Days Payable compare to CASY and WSM?
Starcoin Group's Days Payable of 39.32 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 50.65. Starcoin Group's value of 39.32 is 22.4% below this benchmark. Historically, Starcoin Group's own Days Payable has ranged from 48.43 to 443.11 over the past decade. While the company's 10-year median is 199.67 vs. the industry median of 50.65, Starcoin 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. Starcoin Group's current Days Payable of 39.32 is 22.4% 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 Starcoin 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. Starcoin Group's current Days Payable is 39.32, which is 80% below median its own 10-year median of 199.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starcoin Group stock overvalued right now?
Starcoin Group (HKSE:00399) has a current Days Payable of 39.32. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.07 — trading 21.7% above its estimated fair value. The current Days Payable is 39.32, which is 80% below median its 10-year median of 199.67 and 22.4% below the Retail - Cyclical industry median of 50.65. 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 Starcoin Group (HKSE:00399), the current Days Payable is 39.32 as of Sep. 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.

Starcoin Group Business Description

Address 145 Hennessy Road, Unit No. 2002, 20th Floor, On Hong Commercial Building, Wan Chai, Hong Kong, HKG
Starcoin Group Ltd, formerly Innovative Pharmaceutical Biotech Ltd is a Hong Kong-based investment holding company principally engaged in pharmaceuticals and biotechnology businesses. The company has two operating segments; Trading of beauty products in Hong Kong and Research, development, and commercialisation of the oral insulin product. The company generates almost all of its revenue from Hong Kong.