Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HKSE:01121's Days Payable is ranked better than 84.09% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.91
vs HKSE:01121: 128.54
* 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.
Golden Solar New Energy Technology Holdings Days Payable Chart
Golden Solar New Energy Technology Holdings Annual Data
HKSE:01121 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Golden Solar New Energy Technology 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.
Golden Solar New Energy Technology Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Golden Solar New Energy Technology Holdings's Days Payable falls into.
Golden Solar New Energy Technology 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.
Golden Solar New Energy Technology Holdings (HKSE:01121) has a Days Payable of 96.65 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 Golden Solar New Energy Technology Holdings and its competitors. This is 32% below median its historical median of 142.34. Over the past decade, Golden Solar New Energy Technology Holdings' Days Payable has ranged from 123.68 to 231.51. According to the industry distribution chart, Golden Solar New Energy Technology Holdings ranks #162 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.9%.
Is Golden Solar New Energy Technology Holdings' Days Payable too high?
Golden Solar New Energy Technology Holdings' current Days Payable of 96.65 is 32% below median its 10-year median of 142.34. Over the past 10 years, this metric has ranged from a low of 123.68 to a high of 231.51. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.91. Golden Solar New Energy Technology Holdings' value of 96.65 is 79.3% above this industry median. Based on the distribution chart, Golden Solar New Energy Technology Holdings ranks #162 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Solar New Energy Technology Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Solar New Energy Technology Holdings' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Golden Solar New Energy Technology Holdings ranks #162 out of 1018 companies for Days Payable. This places Golden Solar New Energy Technology Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.91. Golden Solar New Energy Technology Holdings' value of 96.65 is 79.3% above this benchmark. Historically, Golden Solar New Energy Technology Holdings' own Days Payable has ranged from 123.68 to 231.51 over the past decade. While the company's 10-year median is 142.34 vs. the industry median of 53.91, Golden Solar New Energy Technology 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 53.91, based on 1,018 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. Golden Solar New Energy Technology Holdings's current Days Payable of 96.65 is 79.3% 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 Golden Solar New Energy Technology Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Solar New Energy Technology Holdings's current Days Payable is 96.65, which is 32% below median its own 10-year median of 142.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Solar New Energy Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings (HKSE:01121) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.44, compared to a current price of HK$0.33 — trading 77.1% below its estimated fair value. The current Days Payable is 96.65, which is 32% below median its 10-year median of 142.34 and 79.3% above the Manufacturing - Apparel & Accessories industry median of 53.91. Golden Solar New Energy Technology Holdings' overall GF Score™ is 36/100 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 Golden Solar New Energy Technology Holdings (HKSE:01121), the current Days Payable is 96.65 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 Golden Solar New Energy Technology Holdings (HKSE:01121) Overvalued in 2026?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings stock appears to be undervalued.
The current stock price of HK$0.33 is trading 77.1% below its estimated GF Value™ of HK$1.44.
GuruFocus considers Golden Solar New Energy Technology Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01121:
Days Payable: 96.65 (32% below median its 10-year median of 142.34)
GF Value™: HK$1.44 vs. price of HK$0.33 (77.1% below fair value)
Industry Position: 79.3% above the Manufacturing - Apparel & Accessories median (#162 of 1018)
No single metric tells the full story. See the HKSE:01121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golden Solar New Energy Technology Holdings Ltd is an investment holding, with its subsidiaries engaged in the manufacture and sale of slippers, sandals, casual footwear, Graphene-based EVA Foam Material and Graphene-based Slippers, Sterilizing Chips and graphene air sterilizers, and Cast-mono wafers and Castmono HJT solar cells and modules, HBC solar cells, HBC flexible modules and bendable solar awnings in the PRC. Its segments are the Boree branded products segment; the graphene-based products segment; the Original Equipment Manufacturer; and the photovoltaic products segment. Majority revenue is generated from Original Equipment Manufacturer segment produces slippers for branding and resale by others.
36GF Score
Get the complete analysis for HKSE:01121
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01121 has been successfully added to your 
