Matrix Holdings (HKSE:01005) Days Payable: 33.83 (As of Dec. 2025) — 10% Below Median

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HKSE:01005 Matrix Holdings Ltd HKSE:01005
39 GF Score
Price HK$0.45
GF Value HK$0.54
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Matrix Holdings Days Payable?

Matrix Holdings HKSE:01005 -4.26% 39 Days Payable is 33.83 as of Dec. 2025, which is 10% below its 10-year median of 37.41. GuruFocus rates HKSE:01005 with a GF Score™ of 39/100 and a GF Value™ of HK$0.54 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 779 Travel & Leisure companies, Matrix Holdings ranks worse than 67.78% on this metric.

Matrix Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$38.0 Mil. Matrix Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$204.8 Mil. Hence, Matrix Holdings's Days Payable for the six months ended in Dec. 2025 was 33.83.

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

HKSE:01005' s Days Payable Range Over the Past 10 Years
Min: 26.71   Med: 37.41   Max: 80.54
Current: 35.56

During the past 13 years, Matrix Holdings's highest Days Payable was 80.54. The lowest was 26.71. And the median was 37.41.

HKSE:01005's Days Payable is ranked worse than
67.78% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.99 vs HKSE:01005: 35.56

Matrix Holdings's Days Payable increased from Dec. 2024 (31.80) to Dec. 2025 (33.83). It may suggest that Matrix Holdings delayed paying its suppliers.


Matrix Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Matrix 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.

Matrix Holdings Days Payable Chart

Matrix 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 36.79 31.82 26.71 34.35 38.59

Matrix 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 25.59 51.86 31.80 34.34 33.83

HKSE:01005 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Matrix 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.


Matrix Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Matrix Holdings's Days Payable distribution charts can be found below:

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


HKSE:01005
39GF Score
Matrix Holdings Ltd HKSE:01005
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix 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.

Matrix 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
=( (27.007 + 47.462) / 2 ) / 352.197*365
=37.2345 / 352.197*365
=38.59

Matrix 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
=( (28.46 + 47.462) / 2 ) / 204.803*365 / 2
=37.961 / 204.803*365 / 2
=33.83

* 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 33.83 mean?
Matrix Holdings (HKSE:01005) has a Days Payable of 33.83 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 Matrix Holdings and its competitors. This is 10% below median its historical median of 37.41. Over the past decade, Matrix Holdings' Days Payable has ranged from 26.71 to 80.54. According to the industry distribution chart, Matrix Holdings ranks #528 out of 779 companies in the Travel & Leisure industry, placing it in the top 67.8%.
Is Matrix Holdings' Days Payable too high?
Matrix Holdings' current Days Payable of 33.83 is 10% below median its 10-year median of 37.41. Over the past 10 years, this metric has ranged from a low of 26.71 to a high of 80.54. The Travel & Leisure industry median Days Payable is 56.99. Matrix Holdings' value of 33.83 is 40.6% below this industry median. Based on the distribution chart, Matrix Holdings ranks #528 out of 779 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Matrix Holdings has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matrix Holdings' Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Matrix Holdings ranks #528 out of 779 companies for Days Payable. This places Matrix Holdings in the lower half of its industry. The industry median Days Payable is 56.99. Matrix Holdings' value of 33.83 is 40.6% below this benchmark. Historically, Matrix Holdings' own Days Payable has ranged from 26.71 to 80.54 over the past decade. While the company's 10-year median is 37.41 vs. the industry median of 56.99, Matrix 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.99, based on 779 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. Matrix Holdings's current Days Payable of 33.83 is 40.6% 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 Matrix Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Holdings's current Days Payable is 33.83, which is 10% below median its own 10-year median of 37.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Holdings stock overvalued right now?
Based on GuruFocus' analysis, Matrix Holdings (HKSE:01005) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.54, compared to a current price of HK$0.45 — trading 16.7% below its estimated fair value. The current Days Payable is 33.83, which is 10% below median its 10-year median of 37.41 and 40.6% below the Travel & Leisure industry median of 56.99. Matrix Holdings' overall GF Score™ is 39/100 with 7 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 Matrix Holdings (HKSE:01005), the current Days Payable is 33.83 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 Matrix Holdings (HKSE:01005) Overvalued in 2026?

Based on GuruFocus' analysis, Matrix Holdings stock appears to be undervalued. The current stock price of HK$0.45 is trading 16.7% below its estimated GF Value™ of HK$0.54. GuruFocus considers Matrix Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01005:

  • Days Payable: 33.83 (10% below median its 10-year median of 37.41)
  • GF Value™: HK$0.54 vs. price of HK$0.45 (16.7% below fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 40.6% below the Travel & Leisure median (#528 of 779)

No single metric tells the full story. See the HKSE:01005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matrix Holdings Business Description

Address 39 Chatham Road South, Unit 01, 10th Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Matrix Holdings Ltd is an investment holding company. It is principally engaged in manufacturing and trading of toys and lighting products and property development. The company has two operating segments, Manufacturing which includes Manufacture and sale of toys and lighting products; and Property development which includes Development of properties for sale. The company generates majority of revenue from the Manufacturing segment. The company has presence in Hong Kong, Vietnam, The United States of America, The PRC, Europe, Canada, Australia, South America, Mexico, and Other countries. The majority of revenue comes from United States.
39GF Score

Get the complete analysis for HKSE:01005

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

HK$0.45
Price
HK$0.54
GF Value