Speedy Global Holdings (HKSE:00540) Days Payable: 76.82 (As of Dec. 2025) — Near Median

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HKSE:00540 Speedy Global Holdings Ltd HKSE:00540
43 GF Score
Price HK$0.20
GF Value HK$0.08
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Speedy Global Holdings Days Payable?

Speedy Global Holdings HKSE:00540 +2.00% 43 Days Payable is 76.82 as of Dec. 2025, which is 7% below its 10-year median of 82.90. GuruFocus rates HKSE:00540 with a GF Score™ of 43/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Speedy Global Holdings ranks better than 73.26% on this metric.

Speedy Global Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$78.6 Mil. Speedy Global Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$186.7 Mil. Hence, Speedy Global Holdings's Days Payable for the six months ended in Dec. 2025 was 76.82.

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

HKSE:00540' s Days Payable Range Over the Past 10 Years
Min: 51.39   Med: 82.9   Max: 115.22
Current: 93.48

During the past 13 years, Speedy Global Holdings's highest Days Payable was 115.22. The lowest was 51.39. And the median was 82.90.

HKSE:00540's Days Payable is ranked better than
73.26% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.6 vs HKSE:00540: 93.48

Speedy Global Holdings's Days Payable increased from Dec. 2024 (66.13) to Dec. 2025 (76.82). It may suggest that Speedy Global Holdings delayed paying its suppliers.


Speedy Global Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Speedy Global 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.

Speedy Global Holdings Days Payable Chart

Speedy Global 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 68.68 53.44 58.69 51.39 104.89

Speedy Global 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 40.45 77.41 66.13 102.43 76.82

HKSE:00540 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Speedy Global 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.


Speedy Global Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Speedy Global Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Speedy Global Holdings's Days Payable falls into.


HKSE:00540
43GF Score
Speedy Global Holdings Ltd HKSE:00540
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Speedy Global 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.

Speedy Global 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
=( (93.582 + 93.991) / 2 ) / 326.35*365
=93.7865 / 326.35*365
=104.89

Speedy Global 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
=( (63.178 + 93.991) / 2 ) / 186.704*365 / 2
=78.5845 / 186.704*365 / 2
=76.82

* 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 76.82 mean?
Speedy Global Holdings (HKSE:00540) has a Days Payable of 76.82 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 Speedy Global Holdings and its competitors. This is near median its historical median of 82.90. Over the past decade, Speedy Global Holdings' Days Payable has ranged from 51.39 to 115.22. According to the industry distribution chart, Speedy Global Holdings ranks #273 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.7%.
Is Speedy Global Holdings' Days Payable too high?
Speedy Global Holdings' current Days Payable of 76.82 is near median its 10-year median of 82.90. Over the past 10 years, this metric has ranged from a low of 51.39 to a high of 115.22. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.60. Speedy Global Holdings' value of 76.82 is 40.7% above this industry median. Based on the distribution chart, Speedy Global Holdings ranks #273 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Speedy Global Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Speedy Global Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Speedy Global Holdings ranks #273 out of 1021 companies for Days Payable. This puts Speedy Global Holdings in the upper half of its industry. The industry median Days Payable is 54.60. Speedy Global Holdings' value of 76.82 is 40.7% above this benchmark. Historically, Speedy Global Holdings' own Days Payable has ranged from 51.39 to 115.22 over the past decade. While the company's 10-year median is 82.90 vs. the industry median of 54.60, Speedy Global Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.60, based on 1,021 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. Speedy Global Holdings's current Days Payable of 76.82 is 40.7% 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 Speedy Global Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speedy Global Holdings's current Days Payable is 76.82, which is near median its own 10-year median of 82.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speedy Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Speedy Global Holdings (HKSE:00540) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.20 — trading 155% above its estimated fair value. The current Days Payable is 76.82, which is near median its 10-year median of 82.90 and 40.7% above the Manufacturing - Apparel & Accessories industry median of 54.60. Speedy Global Holdings' overall GF Score™ is 43/100 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 Speedy Global Holdings (HKSE:00540), the current Days Payable is 76.82 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 Speedy Global Holdings (HKSE:00540) Overvalued in 2026?

Based on GuruFocus' analysis, Speedy Global Holdings stock appears to be overvalued. The current stock price of HK$0.20 is trading 155% above its estimated GF Value™ of HK$0.08. GuruFocus considers Speedy Global Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00540:

  • Days Payable: 76.82 (near median its 10-year median of 82.90)
  • GF Value™: HK$0.08 vs. price of HK$0.20 (155% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 40.7% above the Manufacturing - Apparel & Accessories median (#273 of 1021)

No single metric tells the full story. See the HKSE:00540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Speedy Global Holdings Business Description

Address No. 27 Huailin Road, 5th Floor, Block Two, Huaide Village, Humen Town, Dongguan, CHN
Speedy Global Holdings Ltd is engaged in the apparel supply chain servicing business which offers a wide range of woven wear, cut-and-sewn knitwear, and sweater knitwear products to a number of owners or agents of reputable brands. The single operating segment of the company is Apparel supply chain servicing business. The company derives all of its revenue from the Apparel supply chain servicing business. The company's revenue is mainly derived from customers located in China (including Hong Kong and the PRC).
43GF Score

Get the complete analysis for HKSE:00540

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

HK$0.20
Price
HK$0.08
GF Value