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What is Mingfa Group (International) Co Days Payable?
Mingfa Group (International) CoHKSE:00846 Days Payable is 1,723.19 as of Dec. 2025, which is 213% above its 10-year median of 550.28. The stock has 4 warning signs investors should review. Among 1,570 Real Estate companies, Mingfa Group (International) Co ranks better than 95.54% on this metric.
* 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.
Mingfa Group (International) Co Days Payable Chart
Mingfa Group (International) Co Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Mingfa Group (International) Co'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.
Mingfa Group (International) Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mingfa Group (International) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Mingfa Group (International) Co's Days Payable falls into.
Mingfa Group (International) Co 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.
* 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.
Mingfa Group (International) Co (HKSE:00846) has a Days Payable of 1,723.19 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 Mingfa Group (International) Co and its competitors. This is 213% above median its historical median of 550.28. Over the past decade, Mingfa Group (International) Co's Days Payable has ranged from 352.21 to 1,505.95. According to the industry distribution chart, Mingfa Group (International) Co ranks #70 out of 1570 companies in the Real Estate industry, placing it in the top 4.5%.
Is Mingfa Group (International) Co's Days Payable too high?
Mingfa Group (International) Co's current Days Payable of 1,723.19 is 213% above median its 10-year median of 550.28. Over the past 10 years, this metric has ranged from a low of 352.21 to a high of 1,505.95. The Real Estate industry median Days Payable is 92.92. Mingfa Group (International) Co's value of 1,723.19 is 1754.5% above this industry median. Based on the distribution chart, Mingfa Group (International) Co ranks #70 out of 1570 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Mingfa Group (International) Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Mingfa Group (International) Co ranks #70 out of 1570 companies for Days Payable. This places Mingfa Group (International) Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.92. Mingfa Group (International) Co's value of 1,723.19 is 1754.5% above this benchmark. Historically, Mingfa Group (International) Co's own Days Payable has ranged from 352.21 to 1,505.95 over the past decade. While the company's 10-year median is 550.28 vs. the industry median of 92.92, Mingfa Group (International) Co 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 92.92, based on 1,570 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. Mingfa Group (International) Co's current Days Payable of 1,723.19 is 1754.5% 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 Mingfa Group (International) Co and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mingfa Group (International) Co's current Days Payable is 1,723.19, which is 213% above median its own 10-year median of 550.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingfa Group (International) Co stock overvalued right now?
Based on GuruFocus' analysis, Mingfa Group (International) Co (HKSE:00846) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.08 — trading 2.5% below its estimated fair value. The current Days Payable is 1,723.19, which is 213% above median its 10-year median of 550.28 and 1754.5% above the Real Estate industry median of 92.92. 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 Mingfa Group (International) Co (HKSE:00846), the current Days Payable is 1,723.19 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.
Mingfa Group (International) Co Ltd is an investment holding company. The principal activities of the company include property development, leasing, and hotel management. The company's operating segments include property development, hotel, property investment and management, and others. The Property Development segment is engaged in real estate development and is further subdivided into commercial and residential. The Hotel segment is engaged in hotel operations. Its Property investment and management segment invests in properties for their rental income potential and for capital appreciation, and provides management. The company generates maximum revenue from the property development segment. Geographically, it derives revenue from the PRC.
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