Success Universe Group (HKSE:00487) Days Payable: 144.49 (As of Dec. 2025) — 882% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Success Universe Group Days Payable?

Success Universe Group HKSE:00487 +15.38% Days Payable is 144.49 as of Dec. 2025, which is 882% above its 10-year median of 14.72. The stock has 4 warning signs investors should review. Among 779 Travel & Leisure companies, Success Universe Group ranks better than 79.2% on this metric.

Success Universe Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$16.87 Mil. Success Universe Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$21.31 Mil. Hence, Success Universe Group's Days Payable for the six months ended in Dec. 2025 was 144.49.

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

HKSE:00487' s Days Payable Range Over the Past 10 Years
Min: 3.39   Med: 14.72   Max: 160.51
Current: 145.72

During the past 13 years, Success Universe Group's highest Days Payable was 160.51. The lowest was 3.39. And the median was 14.72.

HKSE:00487's Days Payable is ranked better than
79.2% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.32 vs HKSE:00487: 145.72

Success Universe Group's Days Payable declined from Dec. 2024 (249.47) to Dec. 2025 (144.49). It may suggest that Success Universe Group accelerated paying its suppliers.


Success Universe Group Days Payable Historical Data

* Premium members only.

The historical data trend for Success Universe 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.

Success Universe Group Days Payable Chart

Success Universe Group 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 13.94 47.83 67.87 135.64 160.51

Success Universe Group 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 106.93 89.73 249.47 131.66 144.49

HKSE:00487 vs BKNG, ABNB, RCL: Days Payable Comparison

For the Travel Services subindustry, Success Universe 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.


Success Universe Group Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Success Universe Group's Days Payable distribution charts can be found below:

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



Success Universe 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.

Success Universe Group'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
=( (15.357 + 20.695) / 2 ) / 40.99*365
=18.026 / 40.99*365
=160.51

Success Universe Group'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
=( (13.043 + 20.695) / 2 ) / 21.306*365 / 2
=16.869 / 21.306*365 / 2
=144.49

* 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 144.49 mean?
Success Universe Group (HKSE:00487) has a Days Payable of 144.49 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 Success Universe Group and its competitors. This is 882% above median its historical median of 14.72. Over the past decade, Success Universe Group's Days Payable has ranged from 3.39 to 160.51. According to the industry distribution chart, Success Universe Group ranks #162 out of 779 companies in the Travel & Leisure industry, placing it in the top 20.8%.
Is Success Universe Group's Days Payable too high?
Success Universe Group's current Days Payable of 144.49 is 882% above median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 160.51. The Travel & Leisure industry median Days Payable is 56.32. Success Universe Group's value of 144.49 is 156.6% above this industry median. Based on the distribution chart, Success Universe Group ranks #162 out of 779 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Success Universe Group's Days Payable compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Success Universe Group ranks #162 out of 779 companies for Days Payable. This places Success Universe Group in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.32. Success Universe Group's value of 144.49 is 156.6% above this benchmark. Historically, Success Universe Group's own Days Payable has ranged from 3.39 to 160.51 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 56.32, Success Universe Group has consistently been above 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 779 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. Success Universe Group's current Days Payable of 144.49 is 156.6% above 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 Success Universe Group and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Success Universe Group's current Days Payable is 144.49, which is 882% above median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Universe Group stock overvalued right now?
Based on GuruFocus' analysis, Success Universe Group (HKSE:00487) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.05 — trading 10% below its estimated fair value. The current Days Payable is 144.49, which is 882% above median its 10-year median of 14.72 and 156.6% above the Travel & Leisure industry median of 56.32. 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 Success Universe Group (HKSE:00487), the current Days Payable is 144.49 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.

Success Universe Group Business Description

Address 18 Harcourt Road, Tower 1, Units 1003-04A, 10th Floor, Admiralty Centre, Hong Kong, HKG
Success Universe Group Ltd is a Hong Kong-based investment holding company that is engaged in the travel business and property investment business. The travel segment is engaged in the sales of air tickets, tour packages, and other travel-related services, The Property investment business receives profit streams from leasing office premises in Hong Kong. The company generates the majority of its revenue from the Travel segment.