Hong Kong Economic Times Holdings (HKSE:00423) Days Payable: 15.88 (As of Mar. 2026) — Near Median

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HKSE:00423 Hong Kong Economic Times Holdings Ltd HKSE:00423
46 GF Score
Price HK$0.70
GF Value HK$0.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Hong Kong Economic Times Holdings Days Payable?

Hong Kong Economic Times Holdings HKSE:00423 -1.41% 46 Days Payable is 15.88 as of Mar. 2026, which is 9% below its 10-year median of 17.42. GuruFocus rates HKSE:00423 with a GF Score™ of 46/100 and a GF Value™ of HK$0.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 915 Media - Diversified companies, Hong Kong Economic Times Holdings ranks worse than 90.71% on this metric.

Hong Kong Economic Times Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$17.3 Mil. Hong Kong Economic Times Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$198.5 Mil. Hence, Hong Kong Economic Times Holdings's Days Payable for the six months ended in Mar. 2026 was 15.88.

The historical rank and industry rank for Hong Kong Economic Times Holdings's Days Payable or its related term are showing as below:

HKSE:00423' s Days Payable Range Over the Past 10 Years
Min: 15.58   Med: 17.42   Max: 22.6
Current: 17.03

During the past 13 years, Hong Kong Economic Times Holdings's highest Days Payable was 22.60. The lowest was 15.58. And the median was 17.42.

HKSE:00423's Days Payable is ranked worse than
90.71% of 915 companies
in the Media - Diversified industry
Industry Median: 83.18 vs HKSE:00423: 17.03

Hong Kong Economic Times Holdings's Days Payable declined from Mar. 2025 (17.62) to Mar. 2026 (15.88). It may suggest that Hong Kong Economic Times Holdings accelerated paying its suppliers.


Hong Kong Economic Times Holdings Days Payable Related Terms


Hong Kong Economic Times Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings Days Payable Chart

Hong Kong Economic Times Holdings 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 17.78 16.89 15.68 17.06 16.95

Hong Kong Economic Times Holdings 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 18.36 15.43 17.62 17.01 15.88

HKSE:00423 vs NYT, WLY: Days Payable Comparison

For the Publishing subindustry, Hong Kong Economic Times 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.


Hong Kong Economic Times Holdings Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's Days Payable falls into.


HKSE:00423
46GF Score
Hong Kong Economic Times Holdings Ltd HKSE:00423
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings'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
=( (21.018 + 16.75) / 2 ) / 406.743*365
=18.884 / 406.743*365
=16.95

Hong Kong Economic Times Holdings'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
=( (17.799 + 16.75) / 2 ) / 198.479*365 / 2
=17.2745 / 198.479*365 / 2
=15.88

* 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 15.88 mean?
Hong Kong Economic Times Holdings (HKSE:00423) has a Days Payable of 15.88 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 Hong Kong Economic Times Holdings and its competitors. This is near median its historical median of 17.42. Over the past decade, Hong Kong Economic Times Holdings' Days Payable has ranged from 15.58 to 22.60. According to the industry distribution chart, Hong Kong Economic Times Holdings ranks #830 out of 915 companies in the Media - Diversified industry, placing it in the top 90.7%.
Is Hong Kong Economic Times Holdings' Days Payable too high?
Hong Kong Economic Times Holdings' current Days Payable of 15.88 is near median its 10-year median of 17.42. Over the past 10 years, this metric has ranged from a low of 15.58 to a high of 22.60. The Media - Diversified industry median Days Payable is 83.18. Hong Kong Economic Times Holdings' value of 15.88 is 80.9% below this industry median. Based on the distribution chart, Hong Kong Economic Times Holdings ranks #830 out of 915 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' Days Payable compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hong Kong Economic Times Holdings ranks #830 out of 915 companies for Days Payable. This places Hong Kong Economic Times Holdings in the lower half of its industry. The industry median Days Payable is 83.18. Hong Kong Economic Times Holdings' value of 15.88 is 80.9% below this benchmark. Historically, Hong Kong Economic Times Holdings' own Days Payable has ranged from 15.58 to 22.60 over the past decade. While the company's 10-year median is 17.42 vs. the industry median of 83.18, Hong Kong Economic Times 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.18, based on 915 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. Hong Kong Economic Times Holdings's current Days Payable of 15.88 is 80.9% 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 Hong Kong Economic Times Holdings and its competitors. For the Media - Diversified industry, the median Days Payable is 83.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current Days Payable is 15.88, which is near median its own 10-year median of 17.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.70 — trading right at its estimated fair value. The current Days Payable is 15.88, which is near median its 10-year median of 17.42 and 80.9% below the Media - Diversified industry median of 83.18. Hong Kong Economic Times Holdings' overall GF Score™ is 46/100 with 3 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 Hong Kong Economic Times Holdings (HKSE:00423), the current Days Payable is 15.88 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 Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be undervalued. The current stock price of HK$0.70 is trading 0% below its estimated GF Value™ of HK$0.70. GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.

Key valuation signals for HKSE:00423:

  • Days Payable: 15.88 (near median its 10-year median of 17.42)
  • GF Value™: HK$0.70 vs. price of HK$0.70 (0% below fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 80.9% below the Media - Diversified median (#830 of 915)

No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Economic Times Holdings Business Description

Address 321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
46GF Score

Get the complete analysis for HKSE:00423

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

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