Central Development Holdings (HKSE:00475) Days Payable: 1.29 (As of Mar. 2026) — 85% Below Median

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HKSE:00475 Central Development Holdings Ltd HKSE:00475
18 GF Score
Price HK$0.41
GF Value HK$0.26
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Central Development Holdings Days Payable?

Central Development Holdings HKSE:00475 18 Days Payable is 1.29 as of Mar. 2026, which is 85% below its 10-year median of 8.48. GuruFocus rates HKSE:00475 with a GF Score™ of 18/100 and a GF Value™ of HK$0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 850 Oil & Gas companies, Central Development Holdings ranks worse than 97.29% on this metric.

Central Development Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$0.2 Mil. Central Development Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$33.3 Mil. Hence, Central Development Holdings's Days Payable for the six months ended in Mar. 2026 was 1.29.

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

HKSE:00475' s Days Payable Range Over the Past 10 Years
Min: 0.04   Med: 8.48   Max: 75.85
Current: 6.12

During the past 13 years, Central Development Holdings's highest Days Payable was 75.85. The lowest was 0.04. And the median was 8.48.

HKSE:00475's Days Payable is ranked worse than
97.29% of 850 companies
in the Oil & Gas industry
Industry Median: 58.46 vs HKSE:00475: 6.12

Central Development Holdings's Days Payable declined from Mar. 2025 (7.94) to Mar. 2026 (1.29). It may suggest that Central Development Holdings accelerated paying its suppliers.


Central Development Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Central 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.

Central Development Holdings Days Payable Chart

Central Development 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 8.18 1.69 5.24 6.69 8.78

Central Development 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 9.52 12.34 7.94 6.62 1.29

HKSE:00475 vs MPC, VLO, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Central 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.


Central Development Holdings Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Central Development Holdings's Days Payable distribution charts can be found below:

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


HKSE:00475
18GF Score
Central Development Holdings Ltd HKSE:00475
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central 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.

Central Development 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
=( (4.421 + 0.258) / 2 ) / 97.205*365
=2.3395 / 97.205*365
=8.78

Central Development 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
=( (0.214 + 0.258) / 2 ) / 33.349*365 / 2
=0.236 / 33.349*365 / 2
=1.29

* 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 1.29 mean?
Central Development Holdings (HKSE:00475) has a Days Payable of 1.29 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 Central Development Holdings and its competitors. This is 85% below median its historical median of 8.48. Over the past decade, Central Development Holdings' Days Payable has ranged from 0.04 to 75.85. According to the industry distribution chart, Central Development Holdings ranks #827 out of 850 companies in the Oil & Gas industry, placing it in the top 97.3%.
Is Central Development Holdings' Days Payable too high?
Central Development Holdings' current Days Payable of 1.29 is 85% below median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 75.85. The Oil & Gas industry median Days Payable is 58.46. Central Development Holdings' value of 1.29 is 97.8% below this industry median. Based on the distribution chart, Central Development Holdings ranks #827 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Central Development Holdings has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Development Holdings' Days Payable compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Central Development Holdings ranks #827 out of 850 companies for Days Payable. This places Central Development Holdings in the lower half of its industry. The industry median Days Payable is 58.46. Central Development Holdings' value of 1.29 is 97.8% below this benchmark. Historically, Central Development Holdings' own Days Payable has ranged from 0.04 to 75.85 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 58.46, Central 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.46, based on 850 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. Central Development Holdings's current Days Payable of 1.29 is 97.8% 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 Central Development Holdings and its competitors. For the Oil & Gas industry, the median Days Payable is 58.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Development Holdings's current Days Payable is 1.29, which is 85% below median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Central Development Holdings (HKSE:00475) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.41 — trading 57.7% above its estimated fair value. The current Days Payable is 1.29, which is 85% below median its 10-year median of 8.48 and 97.8% below the Oil & Gas industry median of 58.46. Central Development Holdings' overall GF Score™ is 18/100 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 Central Development Holdings (HKSE:00475), the current Days Payable is 1.29 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 Central Development Holdings (HKSE:00475) Overvalued in 2026?

Based on GuruFocus' analysis, Central Development Holdings stock appears to be overvalued. The current stock price of HK$0.41 is trading 57.7% above its estimated GF Value™ of HK$0.26. GuruFocus considers Central Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00475:

  • Days Payable: 1.29 (85% below median its 10-year median of 8.48)
  • GF Value™: HK$0.26 vs. price of HK$0.41 (57.7% above fair value)
  • GF Score™: 18/100 with 3 warning signs
  • Industry Position: 97.8% below the Oil & Gas median (#827 of 850)

No single metric tells the full story. See the HKSE:00475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Development Holdings Business Description

Industry EnergyOil & Gas
Address 178 Gloucester Road, Room 2202, 22nd Floor, Wanchai, Chinachem Century Tower, Hong Kong, HKG
Central Development Holdings Ltd is principally engaged in the Jewelry business and Solar energy business segments. The Jewelry business segment involves the wholesale of jewelry. Its Energy Business segment is principally engaged in the manufacturing and sales of solar cooling intelligent technology products using thermal cooling-stored pipes and sales of solar photovoltaic modules and components, as well as sales of refined oil and sales of liquefied natural gas (LNG). The company generates maximum revenue from the Energy segment. Geographically, it derives a majority of its revenue from the PRC.
18GF Score

Get the complete analysis for HKSE:00475

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

HK$0.41
Price
HK$0.26
GF Value