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Lai Sun Development CoHKSE:00488 -1.23%34 Days Payable is 29.52 as of Jan. 2026, which is 70% below its 10-year median of 99.88. GuruFocus rates HKSE:00488 with a GF Score™ of 34/100 and a GF Value™ of HK$0.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,572 Real Estate companies, Lai Sun Development Co ranks worse than 53.5% on this metric.
* 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.
Lai Sun Development Co Days Payable Competitor Comparison
For the Real Estate - Diversified subindustry, Lai Sun Development Co'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.
Lai Sun Development Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co's Days Payable falls into.
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.
Lai Sun Development Co's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as
* 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.
Lai Sun Development Co (HKSE:00488) has a Days Payable of 29.52 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lai Sun Development Co and its competitors. This is 70% below median its historical median of 99.88. Over the past decade, Lai Sun Development Co's Days Payable has ranged from 7.27 to 334.93. According to the industry distribution chart, Lai Sun Development Co ranks #841 out of 1572 companies in the Real Estate industry, placing it in the top 53.5%.
Is Lai Sun Development Co's Days Payable too high?
Lai Sun Development Co's current Days Payable of 29.52 is 70% below median its 10-year median of 99.88. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 334.93. The Real Estate industry median Days Payable is 92.57. Lai Sun Development Co's value of 29.52 is 68.1% below this industry median. Based on the distribution chart, Lai Sun Development Co ranks #841 out of 1572 companies in the Real Estate industry, which is below the industry midpoint. Overall, Lai Sun Development Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Lai Sun Development Co ranks #841 out of 1572 companies for Days Payable. This places Lai Sun Development Co in the lower half of its industry. The industry median Days Payable is 92.57. Lai Sun Development Co's value of 29.52 is 68.1% below this benchmark. Historically, Lai Sun Development Co's own Days Payable has ranged from 7.27 to 334.93 over the past decade. While the company's 10-year median is 99.88 vs. the industry median of 92.57, Lai Sun Development Co 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.57, based on 1,572 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. Lai Sun Development Co's current Days Payable of 29.52 is 68.1% 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 Lai Sun Development Co and its competitors. For the Real Estate industry, the median Days Payable is 92.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Sun Development Co's current Days Payable is 29.52, which is 70% below median its own 10-year median of 99.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Development Co stock overvalued right now?
Based on GuruFocus' analysis, Lai Sun Development Co (HKSE:00488) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.80 — trading 42.9% above its estimated fair value. The current Days Payable is 29.52, which is 70% below median its 10-year median of 99.88 and 68.1% below the Real Estate industry median of 92.57. Lai Sun Development Co's overall GF Score™ is 34/100 with 4 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 Lai Sun Development Co (HKSE:00488), the current Days Payable is 29.52 as of Jan. 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 Lai Sun Development Co (HKSE:00488) Overvalued in 2026?
Based on GuruFocus' analysis, Lai Sun Development Co stock appears to be overvalued.
The current stock price of HK$0.80 is trading 42.9% above its estimated GF Value™ of HK$0.56.
GuruFocus considers Lai Sun Development Co to be Significantly Overvalued.
Key valuation signals for HKSE:00488:
Days Payable: 29.52 (70% below median its 10-year median of 99.88)
GF Value™: HK$0.56 vs. price of HK$0.80 (42.9% above fair value)
Industry Position: 68.1% below the Real Estate median (#841 of 1572)
No single metric tells the full story. See the HKSE:00488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lai Sun Development Co Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in various reportable operating segments such as; property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation, and others. The property development and sales segment which derives a majority of its revenue, is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Mainland China and Macau, and the rest from Hong Kong, the United Kingdom, Vietnam, and other regions.
34GF Score
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