Greatime International Holdings (HKSE:00844) Days Payable: 93.20 (As of Dec. 2025) — 43% Above Median

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HKSE:00844 Greatime International Holdings Ltd HKSE:00844
39 GF Score
Price HK$0.40
GF Value HK$0.36
Valuation Fairly Valued
! 5 Warning Signs
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What is Greatime International Holdings Days Payable?

Greatime International Holdings HKSE:00844 39 Days Payable is 93.20 as of Dec. 2025, which is 43% above its 10-year median of 65.19. GuruFocus rates HKSE:00844 with a GF Score™ of 39/100 and a GF Value™ of HK$0.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Greatime International Holdings ranks better than 73.7% on this metric.

Greatime International Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$93.9 Mil. Greatime International Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$183.9 Mil. Hence, Greatime International Holdings's Days Payable for the six months ended in Dec. 2025 was 93.20.

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

HKSE:00844' s Days Payable Range Over the Past 10 Years
Min: 46.69   Med: 65.19   Max: 96.54
Current: 92.16

During the past 13 years, Greatime International Holdings's highest Days Payable was 96.54. The lowest was 46.69. And the median was 65.19.

HKSE:00844's Days Payable is ranked better than
73.7% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.92 vs HKSE:00844: 92.16

Greatime International Holdings's Days Payable declined from Dec. 2024 (93.42) to Dec. 2025 (93.20). It may suggest that Greatime International Holdings accelerated paying its suppliers.


Greatime International Holdings Days Payable Related Terms


Greatime International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Greatime International 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.

Greatime International Holdings Days Payable Chart

Greatime International 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 53.00 69.51 78.92 92.93 96.54

Greatime International 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 83.88 97.29 93.42 86.49 93.20

HKSE:00844 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Greatime International 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.


Greatime International Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

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

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


HKSE:00844
39GF Score
Greatime International Holdings Ltd HKSE:00844
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greatime International 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.

Greatime International 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
=( (102.424 + 101.368) / 2 ) / 385.261*365
=101.896 / 385.261*365
=96.54

Greatime International 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
=( (86.437 + 101.368) / 2 ) / 183.885*365 / 2
=93.9025 / 183.885*365 / 2
=93.20

* 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 93.20 mean?
Greatime International Holdings (HKSE:00844) has a Days Payable of 93.20 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 Greatime International Holdings and its competitors. This is 43% above median its historical median of 65.19. Over the past decade, Greatime International Holdings' Days Payable has ranged from 46.69 to 96.54. According to the industry distribution chart, Greatime International Holdings ranks #268 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.3%.
Is Greatime International Holdings' Days Payable too high?
Greatime International Holdings' current Days Payable of 93.20 is 43% above median its 10-year median of 65.19. Over the past 10 years, this metric has ranged from a low of 46.69 to a high of 96.54. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.92. Greatime International Holdings' value of 93.20 is 72.8% above this industry median. Based on the distribution chart, Greatime International Holdings ranks #268 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Greatime International Holdings has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greatime International Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Greatime International Holdings ranks #268 out of 1019 companies for Days Payable. This puts Greatime International Holdings in the upper half of its industry. The industry median Days Payable is 53.92. Greatime International Holdings' value of 93.20 is 72.8% above this benchmark. Historically, Greatime International Holdings' own Days Payable has ranged from 46.69 to 96.54 over the past decade. While the company's 10-year median is 65.19 vs. the industry median of 53.92, Greatime International 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 53.92, based on 1,019 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. Greatime International Holdings's current Days Payable of 93.20 is 72.8% 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 Greatime International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greatime International Holdings's current Days Payable is 93.20, which is 43% above median its own 10-year median of 65.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greatime International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Greatime International Holdings (HKSE:00844) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.40 — trading 9.7% above its estimated fair value. The current Days Payable is 93.20, which is 43% above median its 10-year median of 65.19 and 72.8% above the Manufacturing - Apparel & Accessories industry median of 53.92. Greatime International Holdings' 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 Greatime International Holdings (HKSE:00844), the current Days Payable is 93.20 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 Greatime International Holdings (HKSE:00844) Overvalued in 2026?

Based on GuruFocus' analysis, Greatime International Holdings stock appears to be overvalued. The current stock price of HK$0.40 is trading 9.7% above its estimated GF Value™ of HK$0.36. GuruFocus considers Greatime International Holdings to be Fairly Valued.

Key valuation signals for HKSE:00844:

  • Days Payable: 93.20 (43% above median its 10-year median of 65.19)
  • GF Value™: HK$0.36 vs. price of HK$0.40 (9.7% above fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 72.8% above the Manufacturing - Apparel & Accessories median (#268 of 1019)

No single metric tells the full story. See the HKSE:00844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greatime International Holdings Business Description

Address No. 102 Renmin Dong Road, Shandong Province, Zhucheng, CHN
Greatime International Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the manufacturing and sales of and provision of processing services on innerwear products and knitted fabrics and provision of space measurement services, industrial drones and measurement robots. The company's reportable segments are: Innerwear Products, Knitted Fabrics and Space measurement services, industrial drones and measurement robots. The majority of the company's revenue is derived from the Innerwear products, which include the manufacturing and sale of and provision of processing services on innerwear products. Geographically, it generates the maximum revenue from Japan, and the rest from the PRC, Taiwan, the United States, Africa, Italy, Canada, and Hong Kong.
39GF Score

Get the complete analysis for HKSE:00844

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

HK$0.40
Price
HK$0.36
GF Value