Fountain Set (Holdings) (HKSE:00420) Days Payable: 50.87 (As of Dec. 2025) — Near Median


HKSE:00420 Fountain Set (Holdings) Ltd HKSE:00420
50 GF Score
Price HK$0.66
GF Value HK$0.53
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Fountain Set (Holdings) Days Payable?

Fountain Set (Holdings) HKSE:00420 50 Days Payable is 50.87 as of Dec. 2025, which is 0% below its 10-year median of 50.89. GuruFocus rates HKSE:00420 with a GF Score™ of 50/100 and a GF Value™ of HK$0.53 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Fountain Set (Holdings) ranks better than 50.64% on this metric.

Fountain Set (Holdings)'s average Accounts Payable for the six months ended in Dec. 2025 was HK$521 Mil. Fountain Set (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,868 Mil. Hence, Fountain Set (Holdings)'s Days Payable for the six months ended in Dec. 2025 was 50.87.

The historical rank and industry rank for Fountain Set (Holdings)'s Days Payable or its related term are showing as below:

HKSE:00420' s Days Payable Range Over the Past 10 Years
Min: 43.32   Med: 50.89   Max: 75.35
Current: 54.55

During the past 13 years, Fountain Set (Holdings)'s highest Days Payable was 75.35. The lowest was 43.32. And the median was 50.89.

HKSE:00420's Days Payable is ranked better than
50.64% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs HKSE:00420: 54.55

Fountain Set (Holdings)'s Days Payable declined from Dec. 2024 (58.41) to Dec. 2025 (50.87). It may suggest that Fountain Set (Holdings) accelerated paying its suppliers.


Fountain Set (Holdings) Days Payable Historical Data

* Premium members only.

The historical data trend for Fountain Set (Holdings)'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.

Fountain Set (Holdings) Days Payable Chart

Fountain Set (Holdings) 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 59.71 48.25 50.65 56.86 51.12

Fountain Set (Holdings) 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 51.51 60.99 58.41 62.15 50.87

Fountain Set (Holdings) Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Fountain Set (Holdings)'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.


Fountain Set (Holdings) Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Days Payable falls into.


HKSE:00420
50GF Score
Fountain Set (Holdings) Ltd HKSE:00420
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fountain Set (Holdings) 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.

Fountain Set (Holdings)'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
=( (562.544 + 439.461) / 2 ) / 3577.318*365
=501.0025 / 3577.318*365
=51.12

Fountain Set (Holdings)'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
=( (601.806 + 439.461) / 2 ) / 1867.733*365 / 2
=520.6335 / 1867.733*365 / 2
=50.87

* 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 50.87 mean?
Fountain Set (Holdings) (HKSE:00420) has a Days Payable of 50.87 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 Fountain Set (Holdings) and its competitors. This is near median its historical median of 50.89. Over the past decade, Fountain Set (Holdings)'s Days Payable has ranged from 43.32 to 75.35. According to the industry distribution chart, Fountain Set (Holdings) ranks #500 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.4%.
Is Fountain Set (Holdings)'s Days Payable too high?
Fountain Set (Holdings)'s current Days Payable of 50.87 is near median its 10-year median of 50.89. Over the past 10 years, this metric has ranged from a low of 43.32 to a high of 75.35. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Fountain Set (Holdings)'s value of 50.87 is 5.8% below this industry median. Based on the distribution chart, Fountain Set (Holdings) ranks #500 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Fountain Set (Holdings) has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fountain Set (Holdings)'s Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fountain Set (Holdings) ranks #500 out of 1013 companies for Days Payable. This puts Fountain Set (Holdings) in the upper half of its industry. The industry median Days Payable is 53.99. Fountain Set (Holdings)'s value of 50.87 is 5.8% below this benchmark. Historically, Fountain Set (Holdings)'s own Days Payable has ranged from 43.32 to 75.35 over the past decade. While the company's 10-year median is 50.89 vs. the industry median of 53.99, Fountain Set (Holdings) 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Fountain Set (Holdings)'s current Days Payable of 50.87 is 5.8% 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 Fountain Set (Holdings) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fountain Set (Holdings)'s current Days Payable is 50.87, which is near median its own 10-year median of 50.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Set (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Fountain Set (Holdings) (HKSE:00420) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.66 — trading 24.5% above its estimated fair value. The current Days Payable is 50.87, which is near median its 10-year median of 50.89 and 5.8% below the Manufacturing - Apparel & Accessories industry median of 53.99. Fountain Set (Holdings)'s overall GF Score™ is 50/100 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 Fountain Set (Holdings) (HKSE:00420), the current Days Payable is 50.87 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 Fountain Set (Holdings) (HKSE:00420) Overvalued in 2026?

Based on GuruFocus' analysis, Fountain Set (Holdings) stock appears to be overvalued. The current stock price of HK$0.66 is trading 24.5% above its estimated GF Value™ of HK$0.53. GuruFocus considers Fountain Set (Holdings) to be Modestly Overvalued.

Key valuation signals for HKSE:00420:

  • Days Payable: 50.87 (near median its 10-year median of 50.89)
  • GF Value™: HK$0.53 vs. price of HK$0.66 (24.5% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 5.8% below the Manufacturing - Apparel & Accessories median (#500 of 1013)

No single metric tells the full story. See the HKSE:00420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fountain Set (Holdings) Business Description

Address 29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, Vietnam and Others, of which maximum revenue is generated from The PRC.
50GF Score

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

HK$0.66
Price
HK$0.53
GF Value