Asia Cassava Resources Holdings (HKSE:00841) Days Payable: 1.93 (As of Mar. 2026) — 48% Below Median

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HKSE:00841 Asia Cassava Resources Holdings Ltd HKSE:00841
34 GF Score
Price HK$0.17
GF Value HK$0.11
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asia Cassava Resources Holdings Days Payable?

Asia Cassava Resources Holdings HKSE:00841 -5.56% 34 Days Payable is 1.93 as of Mar. 2026, which is 48% below its 10-year median of 3.69. GuruFocus rates HKSE:00841 with a GF Score™ of 34/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Asia Cassava Resources Holdings ranks worse than 97.04% on this metric.

Asia Cassava Resources Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$4 Mil. Asia Cassava Resources Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$423 Mil. Hence, Asia Cassava Resources Holdings's Days Payable for the six months ended in Mar. 2026 was 1.93.

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

HKSE:00841' s Days Payable Range Over the Past 10 Years
Min: 1.08   Med: 3.69   Max: 8.76
Current: 6.73

During the past 13 years, Asia Cassava Resources Holdings's highest Days Payable was 8.76. The lowest was 1.08. And the median was 3.69.

HKSE:00841's Days Payable is ranked worse than
97.04% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.05 vs HKSE:00841: 6.73

Asia Cassava Resources Holdings's Days Payable declined from Mar. 2025 (7.49) to Mar. 2026 (1.93). It may suggest that Asia Cassava Resources Holdings accelerated paying its suppliers.


Asia Cassava Resources Holdings Days Payable Related Terms


Asia Cassava Resources Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Cassava Resources 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.

Asia Cassava Resources Holdings Days Payable Chart

Asia Cassava Resources 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 2.85 1.08 3.01 8.76 6.73

Asia Cassava Resources Holdings 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 1.59 1.05 7.49 9.41 1.93

HKSE:00841 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Asia Cassava Resources 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.


Asia Cassava Resources Holdings Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asia Cassava Resources Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Cassava Resources Holdings's Days Payable falls into.


HKSE:00841
34GF Score
Asia Cassava Resources Holdings Ltd HKSE:00841
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Cassava Resources 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.

Asia Cassava Resources 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
=( (38.927 + 4.477) / 2 ) / 1177.435*365
=21.702 / 1177.435*365
=6.73

Asia Cassava Resources 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 + 4.477) / 1 ) / 422.745*365 / 2
=4.477 / 422.745*365 / 2
=1.93

* 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 1.93 mean?
Asia Cassava Resources Holdings (HKSE:00841) has a Days Payable of 1.93 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 Asia Cassava Resources Holdings and its competitors. This is 48% below median its historical median of 3.69. Over the past decade, Asia Cassava Resources Holdings' Days Payable has ranged from 1.08 to 8.76. According to the industry distribution chart, Asia Cassava Resources Holdings ranks #1838 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 97%.
Is Asia Cassava Resources Holdings' Days Payable too high?
Asia Cassava Resources Holdings' current Days Payable of 1.93 is 48% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 8.76. The Consumer Packaged Goods industry median Days Payable is 44.05. Asia Cassava Resources Holdings' value of 1.93 is 95.6% below this industry median. Based on the distribution chart, Asia Cassava Resources Holdings ranks #1838 out of 1894 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Asia Cassava Resources Holdings has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Cassava Resources Holdings' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asia Cassava Resources Holdings ranks #1838 out of 1894 companies for Days Payable. This places Asia Cassava Resources Holdings in the lower half of its industry. The industry median Days Payable is 44.05. Asia Cassava Resources Holdings' value of 1.93 is 95.6% below this benchmark. Historically, Asia Cassava Resources Holdings' own Days Payable has ranged from 1.08 to 8.76 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 44.05, Asia Cassava Resources 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.05, based on 1,894 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. Asia Cassava Resources Holdings's current Days Payable of 1.93 is 95.6% 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 Asia Cassava Resources Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cassava Resources Holdings's current Days Payable is 1.93, which is 48% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cassava Resources Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Cassava Resources Holdings (HKSE:00841) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.17 — trading 54.5% above its estimated fair value. The current Days Payable is 1.93, which is 48% below median its 10-year median of 3.69 and 95.6% below the Consumer Packaged Goods industry median of 44.05. Asia Cassava Resources Holdings' overall GF Score™ is 34/100 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 Asia Cassava Resources Holdings (HKSE:00841), the current Days Payable is 1.93 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 Asia Cassava Resources Holdings (HKSE:00841) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cassava Resources Holdings stock appears to be overvalued. The current stock price of HK$0.17 is trading 54.5% above its estimated GF Value™ of HK$0.11. GuruFocus considers Asia Cassava Resources Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00841:

  • Days Payable: 1.93 (48% below median its 10-year median of 3.69)
  • GF Value™: HK$0.11 vs. price of HK$0.17 (54.5% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 95.6% below the Consumer Packaged Goods median (#1838 of 1894)

No single metric tells the full story. See the HKSE:00841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Cassava Resources Holdings Business Description

Address 63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates the majority of revenue offers procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos, and Thailand out of which Mainland China acts as a maximum revenue contributor.
34GF Score

Get the complete analysis for HKSE:00841

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

HK$0.17
Price
HK$0.11
GF Value