CSI Properties (HKSE:00497) Days Payable: 15.88 (As of Mar. 2026) — 55% Below Median

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HKSE:00497 CSI Properties Ltd HKSE:00497
44 GF Score
Price HK$0.15
GF Value HK$0.14
Valuation Fairly Valued
! 4 Warning Signs
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What is CSI Properties Days Payable?

CSI Properties HKSE:00497 -6.67% 44 Days Payable is 15.88 as of Mar. 2026, which is 55% below its 10-year median of 35.61. GuruFocus rates HKSE:00497 with a GF Score™ of 44/100 and a GF Value™ of HK$0.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,572 Real Estate companies, CSI Properties ranks worse than 81.3% on this metric.

CSI Properties's average Accounts Payable for the six months ended in Mar. 2026 was HK$87 Mil. CSI Properties's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$1,002 Mil. Hence, CSI Properties's Days Payable for the six months ended in Mar. 2026 was 15.88.

The historical rank and industry rank for CSI Properties's Days Payable or its related term are showing as below:

HKSE:00497' s Days Payable Range Over the Past 10 Years
Min: 10.94   Med: 35.61   Max: 295.24
Current: 29.49

During the past 13 years, CSI Properties's highest Days Payable was 295.24. The lowest was 10.94. And the median was 35.61.

HKSE:00497's Days Payable is ranked worse than
81.3% of 1572 companies
in the Real Estate industry
Industry Median: 94.81 vs HKSE:00497: 29.49

CSI Properties's Days Payable declined from Mar. 2025 (41.76) to Mar. 2026 (15.88). It may suggest that CSI Properties accelerated paying its suppliers.


CSI Properties Days Payable Historical Data

* Premium members only.

The historical data trend for CSI Properties'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.

CSI Properties Days Payable Chart

CSI Properties 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 108.92 89.43 41.74 63.84 29.48

CSI Properties 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 24.01 152.02 41.76 184.95 15.88

HKSE:00497 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, CSI Properties'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.


CSI Properties Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CSI Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where CSI Properties's Days Payable falls into.


HKSE:00497
44GF Score
CSI Properties Ltd HKSE:00497
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CSI Properties 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.

CSI Properties'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
=( (89.674 + 86.295) / 2 ) / 1089.177*365
=87.9845 / 1089.177*365
=29.48

CSI Properties'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
=( (88.02 + 86.295) / 2 ) / 1001.506*365 / 2
=87.1575 / 1001.506*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?
CSI Properties (HKSE:00497) 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 CSI Properties and its competitors. This is 55% below median its historical median of 35.61. Over the past decade, CSI Properties' Days Payable has ranged from 10.94 to 295.24. According to the industry distribution chart, CSI Properties ranks #1278 out of 1572 companies in the Real Estate industry, placing it in the top 81.3%.
Is CSI Properties' Days Payable too high?
CSI Properties' current Days Payable of 15.88 is 55% below median its 10-year median of 35.61. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 295.24. The Real Estate industry median Days Payable is 94.81. CSI Properties' value of 15.88 is 83.3% below this industry median. Based on the distribution chart, CSI Properties ranks #1278 out of 1572 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, CSI Properties has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSI Properties' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CSI Properties ranks #1278 out of 1572 companies for Days Payable. This places CSI Properties in the lower half of its industry. The industry median Days Payable is 94.81. CSI Properties' value of 15.88 is 83.3% below this benchmark. Historically, CSI Properties' own Days Payable has ranged from 10.94 to 295.24 over the past decade. While the company's 10-year median is 35.61 vs. the industry median of 94.81, CSI Properties 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 94.81, 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. CSI Properties's current Days Payable of 15.88 is 83.3% 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 CSI Properties and its competitors. For the Real Estate industry, the median Days Payable is 94.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSI Properties's current Days Payable is 15.88, which is 55% below median its own 10-year median of 35.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSI Properties stock overvalued right now?
Based on GuruFocus' analysis, CSI Properties (HKSE:00497) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.15 — trading 10% above its estimated fair value. The current Days Payable is 15.88, which is 55% below median its 10-year median of 35.61 and 83.3% below the Real Estate industry median of 94.81. CSI Properties' overall GF Score™ is 44/100 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 CSI Properties (HKSE:00497), 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 CSI Properties (HKSE:00497) Overvalued in 2026?

Based on GuruFocus' analysis, CSI Properties stock appears to be overvalued. The current stock price of HK$0.15 is trading 10% above its estimated GF Value™ of HK$0.14. GuruFocus considers CSI Properties to be Fairly Valued.

Key valuation signals for HKSE:00497:

  • Days Payable: 15.88 (55% below median its 10-year median of 35.61)
  • GF Value™: HK$0.14 vs. price of HK$0.15 (10% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 83.3% below the Real Estate median (#1278 of 1572)

No single metric tells the full story. See the HKSE:00497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSI Properties Business Description

Address 12 Harcourt Road, 31st Floor, Bank of America Tower, Central, Hong Kong, HKG
CSI Properties Ltd is an investment holding company. The company's operating segment includes Commercial property holding; Residential property holding; Macau property holding and Securities investment. It generates maximum revenue from the Commercial property holding segment. Geographically, the group's operations are mainly located in Hong Kong, the PRC, and Macau.
44GF Score

Get the complete analysis for HKSE:00497

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

HK$0.15
Price
HK$0.14
GF Value