Artini Holdings (HKSE:00789) Days Payable: 0.98 (As of Mar. 2026) — 95% Below 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.

HKSE:00789 Artini Holdings Ltd HKSE:00789
65 GF Score
Price HK$1.02
GF Value HK$2.57
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Artini Holdings Days Payable?

Artini Holdings HKSE:00789 65 Days Payable is 0.98 as of Mar. 2026, which is 95% below its 10-year median of 20.35. GuruFocus rates HKSE:00789 with a GF Score™ of 65/100 and a GF Value™ of HK$2.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,104 Retail - Cyclical companies, Artini Holdings ranks worse than 97.83% on this metric.

Artini Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$0.4 Mil. Artini Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$82.9 Mil. Hence, Artini Holdings's Days Payable for the six months ended in Mar. 2026 was 0.98.

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

HKSE:00789' s Days Payable Range Over the Past 10 Years
Min: 1.69   Med: 20.35   Max: 781.31
Current: 1.69

During the past 13 years, Artini Holdings's highest Days Payable was 781.31. The lowest was 1.69. And the median was 20.35.

HKSE:00789's Days Payable is ranked worse than
97.83% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 50.37 vs HKSE:00789: 1.69

Artini Holdings's Days Payable declined from Mar. 2025 (2.82) to Mar. 2026 (0.98). It may suggest that Artini Holdings accelerated paying its suppliers.


Artini Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Artini 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.

Artini Holdings Days Payable Chart

Artini Holdings 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 15.19 38.56 27.09 4.10 2.32

Artini Holdings Semi-Annual Data
Mar16 Sep16 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 10.09 6.27 2.82 1.96 0.98

HKSE:00789 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Artini 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.


Artini Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Artini Holdings's Days Payable distribution charts can be found below:

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


HKSE:00789
65GF Score
Artini Holdings Ltd HKSE:00789
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artini 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.

Artini Holdings'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
=( (0.982 + 0.742) / 2 ) / 135.805*365
=0.862 / 135.805*365
=2.32

Artini Holdings'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
=( (0.144 + 0.742) / 2 ) / 82.898*365 / 2
=0.443 / 82.898*365 / 2
=0.98

* 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 0.98 mean?
Artini Holdings (HKSE:00789) has a Days Payable of 0.98 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 Artini Holdings and its competitors. This is 95% below median its historical median of 20.35. Over the past decade, Artini Holdings' Days Payable has ranged from 1.69 to 781.31. According to the industry distribution chart, Artini Holdings ranks #1080 out of 1104 companies in the Retail - Cyclical industry, placing it in the top 97.8%.
Is Artini Holdings' Days Payable too high?
Artini Holdings' current Days Payable of 0.98 is 95% below median its 10-year median of 20.35. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 781.31. The Retail - Cyclical industry median Days Payable is 50.37. Artini Holdings' value of 0.98 is 98.1% below this industry median. Based on the distribution chart, Artini Holdings ranks #1080 out of 1104 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Artini Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artini Holdings' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Artini Holdings ranks #1080 out of 1104 companies for Days Payable. This places Artini Holdings in the lower half of its industry. The industry median Days Payable is 50.37. Artini Holdings' value of 0.98 is 98.1% below this benchmark. Historically, Artini Holdings' own Days Payable has ranged from 1.69 to 781.31 over the past decade. While the company's 10-year median is 20.35 vs. the industry median of 50.37, Artini Holdings 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.37, based on 1,104 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. Artini Holdings's current Days Payable of 0.98 is 98.1% 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 Artini Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artini Holdings's current Days Payable is 0.98, which is 95% below median its own 10-year median of 20.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artini Holdings stock overvalued right now?
Based on GuruFocus' analysis, Artini Holdings (HKSE:00789) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.57, compared to a current price of HK$1.02 — trading 60.5% below its estimated fair value. The current Days Payable is 0.98, which is 95% below median its 10-year median of 20.35 and 98.1% below the Retail - Cyclical industry median of 50.37. Artini Holdings' overall GF Score™ is 65/100 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 Artini Holdings (HKSE:00789), the current Days Payable is 0.98 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 Artini Holdings (HKSE:00789) Overvalued in 2026?

Based on GuruFocus' analysis, Artini Holdings stock appears to be undervalued. The current stock price of HK$1.02 is trading 60.5% below its estimated GF Value™ of HK$2.57. GuruFocus considers Artini Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00789:

  • Days Payable: 0.98 (95% below median its 10-year median of 20.35)
  • GF Value™: HK$2.57 vs. price of HK$1.02 (60.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 98.1% below the Retail - Cyclical median (#1080 of 1104)

No single metric tells the full story. See the HKSE:00789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artini Holdings Business Description

Address 1 Austin Road West, Unit No. 8502, Level 85, International Commerce Centre, Kowloon, Hong Kong, HKG
Artini Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the sale of fashion accessories products mainly through the group's self-operated (Magic B2B) and third-party sales online platforms; and the sale of skincare and health products through a self-operated online platform. It offers fashion accessories, affordable luxury designer jewelry, and skincare and health products. The group's reportable segments are: Integrated Fashion Accessories Platform Business, which derives maximum revenue, and the Skincare and Health Product Sales Platform Business. Geographically, it derives key revenue from PRC, other than Hong Kong and Macao, followed by America and other regions.
65GF Score

Get the complete analysis for HKSE:00789

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

HK$1.02
Price
HK$2.57
GF Value