Shimao Group Holdings (HKSE:00813) Days Payable: 133.98 (As of Dec. 2025) — 44% Below Median

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What is Shimao Group Holdings Days Payable?

Shimao Group Holdings HKSE:00813 Days Payable is 133.98 as of Dec. 2025, which is 44% below its 10-year median of 237.35. The stock has 2 warning signs investors should review. Among 1,567 Real Estate companies, Shimao Group Holdings ranks better than 70.77% on this metric.

Shimao Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$33,625 Mil. Shimao Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$45,801 Mil. Hence, Shimao Group Holdings's Days Payable for the six months ended in Dec. 2025 was 133.98.

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

HKSE:00813' s Days Payable Range Over the Past 10 Years
Min: 173.14   Med: 237.35   Max: 433.81
Current: 199.83

During the past 13 years, Shimao Group Holdings's highest Days Payable was 433.81. The lowest was 173.14. And the median was 237.35.

HKSE:00813's Days Payable is ranked better than
70.77% of 1567 companies
in the Real Estate industry
Industry Median: 93.29 vs HKSE:00813: 199.83

Shimao Group Holdings's Days Payable declined from Dec. 2024 (175.73) to Dec. 2025 (133.98). It may suggest that Shimao Group Holdings accelerated paying its suppliers.


Shimao Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Shimao Group 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.

Shimao Group Holdings Days Payable Chart

Shimao Group 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 265.31 433.81 340.68 213.83 198.55

Shimao Group 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 314.34 247.80 175.73 376.47 133.98

Shimao Group Holdings Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Shimao Group 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.


Shimao Group Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shimao Group Holdings's Days Payable distribution charts can be found below:

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



Shimao Group 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.

Shimao Group 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
=( (36224.579 + 32516.483) / 2 ) / 63183.819*365
=34370.531 / 63183.819*365
=198.55

Shimao Group 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
=( (34733.49 + 32516.483) / 2 ) / 45801.391*365 / 2
=33624.9865 / 45801.391*365 / 2
=133.98

* 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 133.98 mean?
Shimao Group Holdings (HKSE:00813) has a Days Payable of 133.98 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 Shimao Group Holdings and its competitors. This is 44% below median its historical median of 237.35. Over the past decade, Shimao Group Holdings' Days Payable has ranged from 173.14 to 433.81. According to the industry distribution chart, Shimao Group Holdings ranks #458 out of 1567 companies in the Real Estate industry, placing it in the top 29.2%.
Is Shimao Group Holdings' Days Payable too high?
Shimao Group Holdings' current Days Payable of 133.98 is 44% below median its 10-year median of 237.35. Over the past 10 years, this metric has ranged from a low of 173.14 to a high of 433.81. The Real Estate industry median Days Payable is 93.29. Shimao Group Holdings' value of 133.98 is 43.6% above this industry median. Based on the distribution chart, Shimao Group Holdings ranks #458 out of 1567 companies in the Real Estate industry, which is above the industry midpoint.
How does Shimao Group Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Shimao Group Holdings ranks #458 out of 1567 companies for Days Payable. This puts Shimao Group Holdings in the upper half of its industry. The industry median Days Payable is 93.29. Shimao Group Holdings' value of 133.98 is 43.6% above this benchmark. Historically, Shimao Group Holdings' own Days Payable has ranged from 173.14 to 433.81 over the past decade. While the company's 10-year median is 237.35 vs. the industry median of 93.29, Shimao Group 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.29, based on 1,567 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. Shimao Group Holdings's current Days Payable of 133.98 is 43.6% 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 Shimao Group Holdings and its competitors. For the Real Estate industry, the median Days Payable is 93.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimao Group Holdings's current Days Payable is 133.98, which is 44% below median its own 10-year median of 237.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimao Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shimao Group Holdings (HKSE:00813) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.06 — trading 58% below its estimated fair value. The current Days Payable is 133.98, which is 44% below median its 10-year median of 237.35 and 43.6% above the Real Estate industry median of 93.29. 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 Shimao Group Holdings (HKSE:00813), the current Days Payable is 133.98 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.

Shimao Group Holdings Business Description

Other Exchanges QHI:Germany
Address 89 Queensway, 38th Floor, Tower One, Lippo Centre, Hong Kong, HKG
Shimao Group Holdings Ltd is engaged in the development and investment of residential and commercial properties, property management, commercial properties operation and hotel operation in China. The company earns revenue from Sales of properties, Hotel operation income, Commercial properties operation income and Property management income, and others. The company operates in single segment Property development and investment.