Ngai Hing Hong Co (HKSE:01047) Days Payable: 24.55 (As of Dec. 2025) — 23% Above Median

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HKSE:01047 Ngai Hing Hong Co Ltd HKSE:01047
30 GF Score
Price HK$0.34
GF Value HK$0.36
Valuation Fairly Valued
! 8 Warning Signs
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What is Ngai Hing Hong Co Days Payable?

Ngai Hing Hong Co HKSE:01047 30 Days Payable is 24.55 as of Dec. 2025, which is 23% above its 10-year median of 19.99. GuruFocus rates HKSE:01047 with a GF Score™ of 30/100 and a GF Value™ of HK$0.36 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,556 Chemicals companies, Ngai Hing Hong Co ranks worse than 85.8% on this metric.

Ngai Hing Hong Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$77 Mil. Ngai Hing Hong Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$574 Mil. Hence, Ngai Hing Hong Co's Days Payable for the six months ended in Dec. 2025 was 24.55.

The historical rank and industry rank for Ngai Hing Hong Co's Days Payable or its related term are showing as below:

HKSE:01047' s Days Payable Range Over the Past 10 Years
Min: 15.73   Med: 19.99   Max: 25.53
Current: 24.27

During the past 13 years, Ngai Hing Hong Co's highest Days Payable was 25.53. The lowest was 15.73. And the median was 19.99.

HKSE:01047's Days Payable is ranked worse than
85.8% of 1556 companies
in the Chemicals industry
Industry Median: 60.12 vs HKSE:01047: 24.27

Ngai Hing Hong Co's Days Payable increased from Dec. 2024 (18.39) to Dec. 2025 (24.55). It may suggest that Ngai Hing Hong Co delayed paying its suppliers.


Ngai Hing Hong Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ngai Hing Hong Co'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.

Ngai Hing Hong Co Days Payable Chart

Ngai Hing Hong Co 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 18.60 21.05 25.53 18.68 21.98

Ngai Hing Hong Co 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 20.36 21.42 18.39 25.50 24.55

HKSE:01047 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Ngai Hing Hong 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.


Ngai Hing Hong Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ngai Hing Hong Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ngai Hing Hong Co's Days Payable falls into.


HKSE:01047
30GF Score
Ngai Hing Hong Co Ltd HKSE:01047
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ngai Hing Hong 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.

Ngai Hing Hong Co'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
=( (53.478 + 82.64) / 2 ) / 1130.02*365
=68.059 / 1130.02*365
=21.98

Ngai Hing Hong Co'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
=( (82.64 + 71.778) / 2 ) / 573.91*365 / 2
=77.209 / 573.91*365 / 2
=24.55

* 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 24.55 mean?
Ngai Hing Hong Co (HKSE:01047) has a Days Payable of 24.55 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 Ngai Hing Hong Co and its competitors. This is 23% above median its historical median of 19.99. Over the past decade, Ngai Hing Hong Co's Days Payable has ranged from 15.73 to 25.53. According to the industry distribution chart, Ngai Hing Hong Co ranks #1335 out of 1556 companies in the Chemicals industry, placing it in the top 85.8%.
Is Ngai Hing Hong Co's Days Payable too high?
Ngai Hing Hong Co's current Days Payable of 24.55 is 23% above median its 10-year median of 19.99. Over the past 10 years, this metric has ranged from a low of 15.73 to a high of 25.53. The Chemicals industry median Days Payable is 60.12. Ngai Hing Hong Co's value of 24.55 is 59.2% below this industry median. Based on the distribution chart, Ngai Hing Hong Co ranks #1335 out of 1556 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ngai Hing Hong Co has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ngai Hing Hong Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ngai Hing Hong Co ranks #1335 out of 1556 companies for Days Payable. This places Ngai Hing Hong Co in the lower half of its industry. The industry median Days Payable is 60.12. Ngai Hing Hong Co's value of 24.55 is 59.2% below this benchmark. Historically, Ngai Hing Hong Co's own Days Payable has ranged from 15.73 to 25.53 over the past decade. While the company's 10-year median is 19.99 vs. the industry median of 60.12, Ngai Hing Hong Co 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 Chemicals company?
The median Days Payable among Chemicals companies is 60.12, based on 1,556 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. Ngai Hing Hong Co's current Days Payable of 24.55 is 59.2% 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 Ngai Hing Hong Co and its competitors. For the Chemicals industry, the median Days Payable is 60.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ngai Hing Hong Co's current Days Payable is 24.55, which is 23% above median its own 10-year median of 19.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ngai Hing Hong Co stock overvalued right now?
Based on GuruFocus' analysis, Ngai Hing Hong Co (HKSE:01047) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.34 — trading 5.6% below its estimated fair value. The current Days Payable is 24.55, which is 23% above median its 10-year median of 19.99 and 59.2% below the Chemicals industry median of 60.12. Ngai Hing Hong Co's overall GF Score™ is 30/100 with 8 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 Ngai Hing Hong Co (HKSE:01047), the current Days Payable is 24.55 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 Ngai Hing Hong Co (HKSE:01047) Overvalued in 2026?

Based on GuruFocus' analysis, Ngai Hing Hong Co stock appears to be undervalued. The current stock price of HK$0.34 is trading 5.6% below its estimated GF Value™ of HK$0.36. GuruFocus considers Ngai Hing Hong Co to be Fairly Valued.

Key valuation signals for HKSE:01047:

  • Days Payable: 24.55 (23% above median its 10-year median of 19.99)
  • GF Value™: HK$0.36 vs. price of HK$0.34 (5.6% below fair value)
  • GF Score™: 30/100 with 8 warning signs
  • Industry Position: 59.2% below the Chemicals median (#1335 of 1556)

No single metric tells the full story. See the HKSE:01047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ngai Hing Hong Co Business Description

Address 10 Wo Shing Street, Unit 3, 6th Floor, Hopeful Factory Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Ngai Hing Hong Co Ltd is a Hong Kong-based investment holding company. Along with its subsidiaries, the company is involved in the rubber and plastic business sectors. The company is principally engaged in the manufacturing and trading of plastic materials, pigments, colorants, compounded plastic resins, and engineering plastic products. The business of this company is divided into various segments that include Trading, Colorants, Engineering Plastics, and Others. A substantial portion of the company's overall revenue is generated from its Trading business which is involved in the trading of plastic materials.
30GF Score

Get the complete analysis for HKSE:01047

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

HK$0.34
Price
HK$0.36
GF Value