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Ares AsiaHKSE:00645 39 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates HKSE:00645 with a GF Score™ of 39/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 128 Other Energy Sources companies, Ares Asia ranks worse than 89.06% on this metric.
Ares Asia's average Accounts Payable for the
six
months ended in Mar. 2026 was HK$0.00 Mil. Ares Asia's Cost of Goods Sold for the
six
months ended in Mar. 2026 was HK$50.69 Mil.
Hence, Ares Asia's Days Payable for the
six
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Ares Asia's Days Payable or its related term are showing as below:
HKSE:00645'
s Days Payable Range Over the Past 10 Years
Min: 5.64 Med: 41.9 Max: 82.77
Current: 24.46
During the past 13 years, Ares Asia's highest Days Payable was 82.77. The lowest was 5.64. And the median was 41.90.
HKSE:00645's Days Payable is ranked worse than 89.06% of 128
companies
in the Other Energy Sources industry
Industry Median: 62.975
vs HKSE:00645: 24.46
Ares Asia's Days Payable
stayed the same
from Mar. 2025 (0.00) to Mar. 2026 (0.00).
Ares Asia Days Payable Related Terms
Ares Asia Days Payable Historical Data
* Premium members only.
The historical data trend for Ares Asia'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.
For the Thermal Coal subindustry, Ares Asia'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.
Ares Asia Days Payable vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's Days Payable distribution charts can be found below:
* The bar in red indicates where Ares Asia'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.
Ares Asia's Days Payable for the fiscal year that ended in Mar. 2026 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.
Ares Asia (HKSE:00645) has a Days Payable of 0.00 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 Ares Asia and its competitors. Over the past decade, Ares Asia's Days Payable has ranged from 5.64 to 82.77. According to the industry distribution chart, Ares Asia ranks #114 out of 128 companies in the Other Energy Sources industry, placing it in the top 89.1%.
Is Ares Asia's Days Payable too high?
Ares Asia's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 5.64 to a high of 82.77. Based on the distribution chart, Ares Asia ranks #114 out of 128 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Ares Asia has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Ares Asia ranks #114 out of 128 companies for Days Payable. This places Ares Asia in the lower half of its industry. The industry median Days Payable is 62.98. Historically, Ares Asia's own Days Payable has ranged from 5.64 to 82.77 over the past decade. 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 Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 62.98, based on 128 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. 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 Ares Asia and its competitors. For the Other Energy Sources industry, the median Days Payable is 62.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Based on GuruFocus' analysis, Ares Asia (HKSE:00645) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.18 — trading 1700% above its estimated fair value. The current Days Payable is 0.00. Ares Asia's overall GF Score™ is 39/100 with 5 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 Ares Asia (HKSE:00645), the current Days Payable is 0.00 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 Ares Asia (HKSE:00645) Overvalued in 2026?
Based on GuruFocus' analysis, Ares Asia stock appears to be overvalued.
The current stock price of HK$0.18 is trading 1700% above its estimated GF Value™ of HK$0.01.
GuruFocus considers Ares Asia to be Significantly Overvalued.
Key valuation signals for HKSE:00645:
Days Payable: 0.00
GF Value™: HK$0.01 vs. price of HK$0.18 (1700% above fair value)
No single metric tells the full story. See the HKSE:00645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
39GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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