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Mainland Headwear HoldingsHKSE:01100 -0.68%91 Days Payable is 119.26 as of Dec. 2025, which is 79% above its 10-year median of 66.78. GuruFocus rates HKSE:01100 with a GF Score™ of 91/100 and a GF Value™ of HK$1.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Mainland Headwear Holdings ranks better than 81.76% on this metric.
The historical rank and industry rank for Mainland Headwear Holdings's Days Payable or its related term are showing as below:
HKSE:01100'
s Days Payable Range Over the Past 10 Years
Min: 35.2 Med: 66.78 Max: 131.63
Current: 120.74
During the past 13 years, Mainland Headwear Holdings's highest Days Payable was 131.63. The lowest was 35.20. And the median was 66.78.
HKSE:01100's Days Payable is ranked better than 81.76% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.435
vs HKSE:01100: 120.74
* 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.
HKSE:01100 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Mainland Headwear 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.
Mainland Headwear Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mainland Headwear Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Mainland Headwear Holdings's Days Payable falls into.
Mainland Headwear 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.
* 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.
Mainland Headwear Holdings (HKSE:01100) has a Days Payable of 119.26 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 Mainland Headwear Holdings and its competitors. This is 79% above median its historical median of 66.78. Over the past decade, Mainland Headwear Holdings' Days Payable has ranged from 35.20 to 131.63. According to the industry distribution chart, Mainland Headwear Holdings ranks #186 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.2%.
Is Mainland Headwear Holdings' Days Payable too high?
Mainland Headwear Holdings' current Days Payable of 119.26 is 79% above median its 10-year median of 66.78. Over the past 10 years, this metric has ranged from a low of 35.20 to a high of 131.63. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.44. Mainland Headwear Holdings' value of 119.26 is 119.1% above this industry median. Based on the distribution chart, Mainland Headwear Holdings ranks #186 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mainland Headwear Holdings has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainland Headwear Holdings' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mainland Headwear Holdings ranks #186 out of 1020 companies for Days Payable. This places Mainland Headwear Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.44. Mainland Headwear Holdings' value of 119.26 is 119.1% above this benchmark. Historically, Mainland Headwear Holdings' own Days Payable has ranged from 35.20 to 131.63 over the past decade. While the company's 10-year median is 66.78 vs. the industry median of 54.44, Mainland Headwear Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.44, based on 1,020 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. Mainland Headwear Holdings's current Days Payable of 119.26 is 119.1% 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 Mainland Headwear Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainland Headwear Holdings's current Days Payable is 119.26, which is 79% above median its own 10-year median of 66.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainland Headwear Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mainland Headwear Holdings (HKSE:01100) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.80, compared to a current price of HK$1.45 — trading 19.4% below its estimated fair value. The current Days Payable is 119.26, which is 79% above median its 10-year median of 66.78 and 119.1% above the Manufacturing - Apparel & Accessories industry median of 54.44. Mainland Headwear Holdings' overall GF Score™ is 91/100 with 3 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 Mainland Headwear Holdings (HKSE:01100), the current Days Payable is 119.26 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 Mainland Headwear Holdings (HKSE:01100) Overvalued in 2026?
Based on GuruFocus' analysis, Mainland Headwear Holdings stock appears to be undervalued.
The current stock price of HK$1.45 is trading 19.4% below its estimated GF Value™ of HK$1.80.
GuruFocus considers Mainland Headwear Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:01100:
Days Payable: 119.26 (79% above median its 10-year median of 66.78)
GF Value™: HK$1.80 vs. price of HK$1.45 (19.4% below fair value)
Industry Position: 119.1% above the Manufacturing - Apparel & Accessories median (#186 of 1020)
No single metric tells the full story. See the HKSE:01100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the U.S. as the main market; followed by the European market. The key revenue is derived from the Manufacturing segment.
91GF Score
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