Maxnerva Technology Services (HKSE:01037) Days Payable: 87.98 (As of Dec. 2025) — Near Median

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HKSE:01037 Maxnerva Technology Services Ltd HKSE:01037
48 GF Score
Price HK$0.60
GF Value HK$0.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Maxnerva Technology Services Days Payable?

Maxnerva Technology Services HKSE:01037 -1.64% 48 Days Payable is 87.98 as of Dec. 2025, which is 2% below its 10-year median of 90.01. GuruFocus rates HKSE:01037 with a GF Score™ of 48/100 and a GF Value™ of HK$0.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,610 Software companies, Maxnerva Technology Services ranks better than 67.28% on this metric.

Maxnerva Technology Services's average Accounts Payable for the six months ended in Dec. 2025 was HK$165.3 Mil. Maxnerva Technology Services's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$342.9 Mil. Hence, Maxnerva Technology Services's Days Payable for the six months ended in Dec. 2025 was 87.98.

The historical rank and industry rank for Maxnerva Technology Services's Days Payable or its related term are showing as below:

HKSE:01037' s Days Payable Range Over the Past 10 Years
Min: 77.91   Med: 90.01   Max: 129.27
Current: 94.31

During the past 13 years, Maxnerva Technology Services's highest Days Payable was 129.27. The lowest was 77.91. And the median was 90.01.

HKSE:01037's Days Payable is ranked better than
67.28% of 2610 companies
in the Software industry
Industry Median: 52.71 vs HKSE:01037: 94.31

Maxnerva Technology Services's Days Payable declined from Dec. 2024 (94.98) to Dec. 2025 (87.98). It may suggest that Maxnerva Technology Services accelerated paying its suppliers.


Maxnerva Technology Services Days Payable Historical Data

* Premium members only.

The historical data trend for Maxnerva Technology Services'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.

Maxnerva Technology Services Days Payable Chart

Maxnerva Technology Services Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.24 77.91 88.35 109.69 92.09

Maxnerva Technology Services Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 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 74.89 92.09 94.98 102.92 87.98

HKSE:01037 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Maxnerva Technology Services'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.


Maxnerva Technology Services Days Payable vs Software Industry

For the Software industry and Technology sector, Maxnerva Technology Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Maxnerva Technology Services's Days Payable falls into.


HKSE:01037
48GF Score
Maxnerva Technology Services Ltd HKSE:01037
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maxnerva Technology Services 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.

Maxnerva Technology Services'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
=( (182.263 + 153.333) / 2 ) / 665.064*365
=167.798 / 665.064*365
=92.09

Maxnerva Technology Services'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
=( (177.28 + 153.333) / 2 ) / 342.893*365 / 2
=165.3065 / 342.893*365 / 2
=87.98

* 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 87.98 mean?
Maxnerva Technology Services (HKSE:01037) has a Days Payable of 87.98 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 Maxnerva Technology Services and its competitors. This is near median its historical median of 90.01. Over the past decade, Maxnerva Technology Services' Days Payable has ranged from 77.91 to 129.27. According to the industry distribution chart, Maxnerva Technology Services ranks #854 out of 2610 companies in the Software industry, placing it in the top 32.7%.
Is Maxnerva Technology Services' Days Payable too high?
Maxnerva Technology Services' current Days Payable of 87.98 is near median its 10-year median of 90.01. Over the past 10 years, this metric has ranged from a low of 77.91 to a high of 129.27. The Software industry median Days Payable is 52.71. Maxnerva Technology Services' value of 87.98 is 66.9% above this industry median. Based on the distribution chart, Maxnerva Technology Services ranks #854 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, Maxnerva Technology Services has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maxnerva Technology Services' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Maxnerva Technology Services ranks #854 out of 2610 companies for Days Payable. This puts Maxnerva Technology Services in the upper half of its industry. The industry median Days Payable is 52.71. Maxnerva Technology Services' value of 87.98 is 66.9% above this benchmark. Historically, Maxnerva Technology Services' own Days Payable has ranged from 77.91 to 129.27 over the past decade. While the company's 10-year median is 90.01 vs. the industry median of 52.71, Maxnerva Technology Services 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 Software company?
The median Days Payable among Software companies is 52.71, based on 2,610 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. Maxnerva Technology Services's current Days Payable of 87.98 is 66.9% 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 Maxnerva Technology Services and its competitors. For the Software industry, the median Days Payable is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxnerva Technology Services's current Days Payable is 87.98, which is near median its own 10-year median of 90.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxnerva Technology Services stock overvalued right now?
Based on GuruFocus' analysis, Maxnerva Technology Services (HKSE:01037) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.60 — trading 106.9% above its estimated fair value. The current Days Payable is 87.98, which is near median its 10-year median of 90.01 and 66.9% above the Software industry median of 52.71. Maxnerva Technology Services' overall GF Score™ is 48/100 with 6 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 Maxnerva Technology Services (HKSE:01037), the current Days Payable is 87.98 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 Maxnerva Technology Services (HKSE:01037) Overvalued in 2026?

Based on GuruFocus' analysis, Maxnerva Technology Services stock appears to be overvalued. The current stock price of HK$0.60 is trading 106.9% above its estimated GF Value™ of HK$0.29. GuruFocus considers Maxnerva Technology Services to be Significantly Overvalued.

Key valuation signals for HKSE:01037:

  • Days Payable: 87.98 (near median its 10-year median of 90.01)
  • GF Value™: HK$0.29 vs. price of HK$0.60 (106.9% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 66.9% above the Software median (#854 of 2610)

No single metric tells the full story. See the HKSE:01037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxnerva Technology Services Business Description

Address 63 Mody Road, Tsim Sha Tsui East, Room 1001, 10th Floor, Houston Centre, Kowloon, Hong Kong, HKG
Maxnerva Technology Services Ltd provides a range of smart manufacturing solutions and services to customers, including the implementation of a combination of software systems and automation equipment and robots into the production lines to lower costs and increase operational effectiveness and efficiency through smart processes; the implementation of facility monitor and control system for monitoring the efficiency of the usage of water, power, and gas at production plants; the implementation of facial recognition system for labor and security management of the entire industrial parks; and the provision of testing and inspection services for new and existing electronic products. Its segments are Digital Industry Business which derives the majority of revenue, and Digital Life Business.
48GF Score

Get the complete analysis for HKSE:01037

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

HK$0.60
Price
HK$0.29
GF Value