Futong Technology Development Holdings (HKSE:00465) Days Payable: 46.08 (As of Dec. 2025) — Near Median


HKSE:00465 Futong Technology Development Holdings Ltd HKSE:00465
26 GF Score
Price HK$3.66
GF Value HK$0.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Futong Technology Development Holdings Days Payable?

Futong Technology Development Holdings HKSE:00465 -1.35% 26 Days Payable is 46.08 as of Dec. 2025, which is 0% above its 10-year median of 45.97. GuruFocus rates HKSE:00465 with a GF Score™ of 26/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,598 Software companies, Futong Technology Development Holdings ranks worse than 56.58% on this metric.

Futong Technology Development Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$16.1 Mil. Futong Technology Development Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$63.6 Mil. Hence, Futong Technology Development Holdings's Days Payable for the six months ended in Dec. 2025 was 46.08.

The historical rank and industry rank for Futong Technology Development Holdings's Days Payable or its related term are showing as below:

HKSE:00465' s Days Payable Range Over the Past 10 Years
Min: 31.15   Med: 45.97   Max: 80.55
Current: 44.38

During the past 13 years, Futong Technology Development Holdings's highest Days Payable was 80.55. The lowest was 31.15. And the median was 45.97.

HKSE:00465's Days Payable is ranked worse than
56.58% of 2598 companies
in the Software industry
Industry Median: 53.595 vs HKSE:00465: 44.38

Futong Technology Development Holdings's Days Payable increased from Dec. 2024 (30.16) to Dec. 2025 (46.08). It may suggest that Futong Technology Development Holdings delayed paying its suppliers.


Futong Technology Development Holdings Days Payable Related Terms


Futong Technology Development Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Futong Technology Development 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.

Futong Technology Development Holdings Days Payable Chart

Futong Technology Development 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 80.55 31.15 46.76 34.19 42.21

Futong Technology Development 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 24.26 49.18 30.16 44.56 46.08

HKSE:00465 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Futong Technology Development 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.


Futong Technology Development Holdings Days Payable vs Software Industry

For the Software industry and Technology sector, Futong Technology Development Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Futong Technology Development Holdings's Days Payable falls into.


HKSE:00465
26GF Score
Futong Technology Development Holdings Ltd HKSE:00465
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Futong Technology Development 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.

Futong Technology Development 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
=( (11.929 + 16.151) / 2 ) / 121.404*365
=14.04 / 121.404*365
=42.21

Futong Technology Development 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
=( (15.981 + 16.151) / 2 ) / 63.635*365 / 2
=16.066 / 63.635*365 / 2
=46.08

* 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 46.08 mean?
Futong Technology Development Holdings (HKSE:00465) has a Days Payable of 46.08 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 Futong Technology Development Holdings and its competitors. This is near median its historical median of 45.97. Over the past decade, Futong Technology Development Holdings' Days Payable has ranged from 31.15 to 80.55. According to the industry distribution chart, Futong Technology Development Holdings ranks #1470 out of 2598 companies in the Software industry, placing it in the top 56.6%.
Is Futong Technology Development Holdings' Days Payable too high?
Futong Technology Development Holdings' current Days Payable of 46.08 is near median its 10-year median of 45.97. Over the past 10 years, this metric has ranged from a low of 31.15 to a high of 80.55. The Software industry median Days Payable is 53.60. Futong Technology Development Holdings' value of 46.08 is 14% below this industry median. Based on the distribution chart, Futong Technology Development Holdings ranks #1470 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Futong Technology Development Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Futong Technology Development Holdings' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Futong Technology Development Holdings ranks #1470 out of 2598 companies for Days Payable. This places Futong Technology Development Holdings in the lower half of its industry. The industry median Days Payable is 53.60. Futong Technology Development Holdings' value of 46.08 is 14% below this benchmark. Historically, Futong Technology Development Holdings' own Days Payable has ranged from 31.15 to 80.55 over the past decade. While the company's 10-year median is 45.97 vs. the industry median of 53.60, Futong Technology Development 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 Software company?
The median Days Payable among Software companies is 53.60, based on 2,598 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. Futong Technology Development Holdings's current Days Payable of 46.08 is 14% 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 Futong Technology Development Holdings and its competitors. For the Software industry, the median Days Payable is 53.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futong Technology Development Holdings's current Days Payable is 46.08, which is near median its own 10-year median of 45.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futong Technology Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futong Technology Development Holdings (HKSE:00465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$3.66 — trading 1642.9% above its estimated fair value. The current Days Payable is 46.08, which is near median its 10-year median of 45.97 and 14% below the Software industry median of 53.60. Futong Technology Development Holdings' overall GF Score™ is 26/100 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 Futong Technology Development Holdings (HKSE:00465), the current Days Payable is 46.08 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 Futong Technology Development Holdings (HKSE:00465) Overvalued in 2026?

Based on GuruFocus' analysis, Futong Technology Development Holdings stock appears to be overvalued. The current stock price of HK$3.66 is trading 1642.9% above its estimated GF Value™ of HK$0.21. GuruFocus considers Futong Technology Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00465:

  • Days Payable: 46.08 (near median its 10-year median of 45.97)
  • GF Value™: HK$0.21 vs. price of HK$3.66 (1642.9% above fair value)
  • GF Score™: 26/100 with 3 warning signs
  • Industry Position: 14% below the Software median (#1470 of 2598)

No single metric tells the full story. See the HKSE:00465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Futong Technology Development Holdings Business Description

Address No. 26 Chaowai Street, Units B1901 on level 19 and B2001 on level 20 of Tower B, Chaowaimen Office Center, Chaoyang District, Beijing, CHN
Futong Technology Development Holdings Ltd is an enterprise digital transformation services provider in China. It uses technologies such as cloud computing and AI to provide enterprise customers with digital products, solutions, and professional IT services. The Group's two key product offerings are Cloud Intelligence and Data Intelligence. Maximum revenue is derived from Cloud Intelligence product offerings, which include its proprietary cloud-computing products, including CloudScape, CloudOne, CloudShare, CloudObs, and CloudAtlas. The Data Intelligence products include Voice of Customer, IntelligenceCore Data Workshop, and IntelligenceCore AI Agent Management Platform, among others, integrating AI technology into the different business scenarios of customers in various industries.
26GF Score

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

HK$3.66
Price
HK$0.21
GF Value