Sitoy Group Holdings (HKSE:01023) Days Payable: 46.44 (As of Dec. 2025) — Near Median

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HKSE:01023 Sitoy Group Holdings Ltd HKSE:01023
37 GF Score
Price HK$0.47
GF Value HK$0.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sitoy Group Holdings Days Payable?

Sitoy Group Holdings HKSE:01023 37 Days Payable is 46.44 as of Dec. 2025, which is 3% below its 10-year median of 47.94. GuruFocus rates HKSE:01023 with a GF Score™ of 37/100 and a GF Value™ of HK$0.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Sitoy Group Holdings ranks worse than 57.79% on this metric.

Sitoy Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$140 Mil. Sitoy Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$551 Mil. Hence, Sitoy Group Holdings's Days Payable for the six months ended in Dec. 2025 was 46.44.

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

HKSE:01023' s Days Payable Range Over the Past 10 Years
Min: 37.49   Med: 47.94   Max: 63.6
Current: 45.28

During the past 13 years, Sitoy Group Holdings's highest Days Payable was 63.60. The lowest was 37.49. And the median was 47.94.

HKSE:01023's Days Payable is ranked worse than
57.79% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.9 vs HKSE:01023: 45.28

Sitoy Group Holdings's Days Payable increased from Dec. 2024 (43.12) to Dec. 2025 (46.44). It may suggest that Sitoy Group Holdings delayed paying its suppliers.


Sitoy Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Sitoy 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.

Sitoy Group Holdings Days Payable Chart

Sitoy Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.60 60.58 57.78 52.09 48.53

Sitoy 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 53.26 50.48 43.12 46.93 46.44

HKSE:01023 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Sitoy 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.


Sitoy Group Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

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

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


HKSE:01023
37GF Score
Sitoy Group Holdings Ltd HKSE:01023
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sitoy 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.

Sitoy Group Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (133.554 + 150.49) / 2 ) / 1068.177*365
=142.022 / 1068.177*365
=48.53

Sitoy 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
=( (150.49 + 129.707) / 2 ) / 550.526*365 / 2
=140.0985 / 550.526*365 / 2
=46.44

* 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 46.44 mean?
Sitoy Group Holdings (HKSE:01023) has a Days Payable of 46.44 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 Sitoy Group Holdings and its competitors. This is near median its historical median of 47.94. Over the past decade, Sitoy Group Holdings' Days Payable has ranged from 37.49 to 63.60. According to the industry distribution chart, Sitoy Group Holdings ranks #590 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.8%.
Is Sitoy Group Holdings' Days Payable too high?
Sitoy Group Holdings' current Days Payable of 46.44 is near median its 10-year median of 47.94. Over the past 10 years, this metric has ranged from a low of 37.49 to a high of 63.60. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.90. Sitoy Group Holdings' value of 46.44 is 13.8% below this industry median. Based on the distribution chart, Sitoy Group Holdings ranks #590 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sitoy Group Holdings has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sitoy Group Holdings' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sitoy Group Holdings ranks #590 out of 1021 companies for Days Payable. This places Sitoy Group Holdings in the lower half of its industry. The industry median Days Payable is 53.90. Sitoy Group Holdings' value of 46.44 is 13.8% below this benchmark. Historically, Sitoy Group Holdings' own Days Payable has ranged from 37.49 to 63.60 over the past decade. While the company's 10-year median is 47.94 vs. the industry median of 53.90, Sitoy Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.90, based on 1,021 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. Sitoy Group Holdings's current Days Payable of 46.44 is 13.8% 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 Sitoy Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sitoy Group Holdings's current Days Payable is 46.44, which is near median its own 10-year median of 47.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sitoy Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sitoy Group Holdings (HKSE:01023) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.52, compared to a current price of HK$0.47 — trading 10.6% below its estimated fair value. The current Days Payable is 46.44, which is near median its 10-year median of 47.94 and 13.8% below the Manufacturing - Apparel & Accessories industry median of 53.90. Sitoy Group Holdings' overall GF Score™ is 37/100 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 Sitoy Group Holdings (HKSE:01023), the current Days Payable is 46.44 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 Sitoy Group Holdings (HKSE:01023) Overvalued in 2026?

Based on GuruFocus' analysis, Sitoy Group Holdings stock appears to be undervalued. The current stock price of HK$0.47 is trading 10.6% below its estimated GF Value™ of HK$0.52. GuruFocus considers Sitoy Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01023:

  • Days Payable: 46.44 (near median its 10-year median of 47.94)
  • GF Value™: HK$0.52 vs. price of HK$0.47 (10.6% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 13.8% below the Manufacturing - Apparel & Accessories median (#590 of 1021)

No single metric tells the full story. See the HKSE:01023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sitoy Group Holdings Business Description

Address 164 Wai Yip Street, 9th Floor, Sitoy Tower, Kowloon, Kwun Tong, Hong Kong, HKG
Sitoy Group Holdings Ltd engages in the design, development, manufacture, retail, and wholesale of handbags, small leather goods, travel goods, and footwear, along with advertising, marketing services, and property investment. The Group owns TUSCAN'S, Fashion and Joy, and Duffy, offering bags, leather goods, shoes, clothing, and accessories. It operates through Retail, Manufacturing for resale, and Property Investment segments. Retail covers retail and wholesale of owned or licensed brands and marketing services, while Manufacturing produces handbags, small leather goods, and travel goods for resale by others. Property Investment focuses on office spaces for rental income or capital appreciation, with revenue mainly generated in the Chinese Mainland, Hong Kong, Macau, and other regions.
37GF Score

Get the complete analysis for HKSE:01023

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

HK$0.47
Price
HK$0.52
GF Value