Milan Station Holdings (HKSE:01150) Days Payable: 1.59 (As of Dec. 2025) — 75% Below Median

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What is Milan Station Holdings Days Payable?

Milan Station Holdings HKSE:01150 Days Payable is 1.59 as of Dec. 2025, which is 75% below its 10-year median of 6.29. The stock has 6 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Milan Station Holdings ranks worse than 96.21% on this metric.

Milan Station Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$0.6 Mil. Milan Station Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$69.0 Mil. Hence, Milan Station Holdings's Days Payable for the six months ended in Dec. 2025 was 1.59.

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

HKSE:01150' s Days Payable Range Over the Past 10 Years
Min: 1.2   Med: 6.29   Max: 22.16
Current: 3.42

During the past 13 years, Milan Station Holdings's highest Days Payable was 22.16. The lowest was 1.20. And the median was 6.29.

HKSE:01150's Days Payable is ranked worse than
96.21% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.645 vs HKSE:01150: 3.42

Milan Station Holdings's Days Payable declined from Dec. 2024 (9.10) to Dec. 2025 (1.59). It may suggest that Milan Station Holdings accelerated paying its suppliers.


Milan Station Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Milan Station 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.

Milan Station Holdings Days Payable Chart

Milan Station Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 1.93 2.38 6.06 4.17

Milan Station 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 2.12 6.01 9.10 5.34 1.59

HKSE:01150 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Milan Station 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.


Milan Station Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Milan Station Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Milan Station Holdings's Days Payable falls into.



Milan Station 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.

Milan Station Holdings'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
=( (1.989 + 0.599) / 2 ) / 113.335*365
=1.294 / 113.335*365
=4.17

Milan Station 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
=( (0.602 + 0.599) / 2 ) / 69.021*365 / 2
=0.6005 / 69.021*365 / 2
=1.59

* 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 1.59 mean?
Milan Station Holdings (HKSE:01150) has a Days Payable of 1.59 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 Milan Station Holdings and its competitors. This is 75% below median its historical median of 6.29. Over the past decade, Milan Station Holdings' Days Payable has ranged from 1.20 to 22.16. According to the industry distribution chart, Milan Station Holdings ranks #1066 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 96.2%.
Is Milan Station Holdings' Days Payable too high?
Milan Station Holdings' current Days Payable of 1.59 is 75% below median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 22.16. The Retail - Cyclical industry median Days Payable is 50.65. Milan Station Holdings' value of 1.59 is 96.9% below this industry median. Based on the distribution chart, Milan Station Holdings ranks #1066 out of 1108 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers.
How does Milan Station Holdings' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Milan Station Holdings ranks #1066 out of 1108 companies for Days Payable. This places Milan Station Holdings in the lower half of its industry. The industry median Days Payable is 50.65. Milan Station Holdings' value of 1.59 is 96.9% below this benchmark. Historically, Milan Station Holdings' own Days Payable has ranged from 1.20 to 22.16 over the past decade. While the company's 10-year median is 6.29 vs. the industry median of 50.65, Milan Station 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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. Milan Station Holdings's current Days Payable of 1.59 is 96.9% 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 Milan Station Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Milan Station Holdings's current Days Payable is 1.59, which is 75% below median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milan Station Holdings stock overvalued right now?
Based on GuruFocus' analysis, Milan Station Holdings (HKSE:01150) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.07 — trading 16.7% above its estimated fair value. The current Days Payable is 1.59, which is 75% below median its 10-year median of 6.29 and 96.9% below the Retail - Cyclical industry median of 50.65. 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 Milan Station Holdings (HKSE:01150), the current Days Payable is 1.59 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.

Milan Station Holdings Business Description

Address 489-491 Castle Peak Road, Room 13, 6th Floor, Block A, Hong Kong Industrial Centre, Kowloon, Hong Kong, HKG
Milan Station Holdings Ltd is an investment holding company engaged in the retail of handbags, fashion accessories, embellishments, and spa and wellness products. In terms of product revenue, the company earns maximum income from Handbags. Its geographical segments are Hong Kong and Macau of which the majority of its revenue comes from Hong Kong.