Success Dragon International Holdings (HKSE:01182) Days Payable: 34.39 (As of Mar. 2026) — 41% Above Median

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HKSE:01182 Success Dragon International Holdings Ltd HKSE:01182
45 GF Score
Price HK$0.66
GF Value HK$0.64
Valuation Fairly Valued
! 4 Warning Signs
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What is Success Dragon International Holdings Days Payable?

Success Dragon International Holdings HKSE:01182 45 Days Payable is 34.39 as of Mar. 2026, which is 41% above its 10-year median of 24.33. GuruFocus rates HKSE:01182 with a GF Score™ of 45/100 and a GF Value™ of HK$0.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,067 Metals & Mining companies, Success Dragon International Holdings ranks worse than 80.41% on this metric.

Success Dragon International Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$68.6 Mil. Success Dragon International Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$364.3 Mil. Hence, Success Dragon International Holdings's Days Payable for the six months ended in Mar. 2026 was 34.39.

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

HKSE:01182' s Days Payable Range Over the Past 10 Years
Min: 16.78   Med: 24.33   Max: 176.36
Current: 37.96

During the past 13 years, Success Dragon International Holdings's highest Days Payable was 176.36. The lowest was 16.78. And the median was 24.33.

HKSE:01182's Days Payable is ranked worse than
80.41% of 1067 companies
in the Metals & Mining industry
Industry Median: 123.31 vs HKSE:01182: 37.96

Success Dragon International Holdings's Days Payable declined from Mar. 2025 (286.27) to Mar. 2026 (34.39). It may suggest that Success Dragon International Holdings accelerated paying its suppliers.


Success Dragon International Holdings Days Payable Related Terms


Success Dragon International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Success Dragon International 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.

Success Dragon International Holdings Days Payable Chart

Success Dragon International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.82 16.78 21.97 176.36 39.52

Success Dragon International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 14.82 87.31 286.27 40.91 34.39

HKSE:01182 vs NEM, AU, RGLD: Days Payable Comparison

For the Gold subindustry, Success Dragon International 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.


Success Dragon International Holdings Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Success Dragon International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Success Dragon International Holdings's Days Payable falls into.


HKSE:01182
45GF Score
Success Dragon International Holdings Ltd HKSE:01182
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Success Dragon International 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.

Success Dragon International Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (61.515 + 76.467) / 2 ) / 637.144*365
=68.991 / 637.144*365
=39.52

Success Dragon International Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (60.818 + 76.467) / 2 ) / 364.256*365 / 2
=68.6425 / 364.256*365 / 2
=34.39

* 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 34.39 mean?
Success Dragon International Holdings (HKSE:01182) has a Days Payable of 34.39 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Success Dragon International Holdings and its competitors. This is 41% above median its historical median of 24.33. Over the past decade, Success Dragon International Holdings' Days Payable has ranged from 16.78 to 176.36. According to the industry distribution chart, Success Dragon International Holdings ranks #858 out of 1067 companies in the Metals & Mining industry, placing it in the top 80.4%.
Is Success Dragon International Holdings' Days Payable too high?
Success Dragon International Holdings' current Days Payable of 34.39 is 41% above median its 10-year median of 24.33. Over the past 10 years, this metric has ranged from a low of 16.78 to a high of 176.36. The Metals & Mining industry median Days Payable is 123.31. Success Dragon International Holdings' value of 34.39 is 72.1% below this industry median. Based on the distribution chart, Success Dragon International Holdings ranks #858 out of 1067 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Success Dragon International Holdings has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Success Dragon International Holdings' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Success Dragon International Holdings ranks #858 out of 1067 companies for Days Payable. This places Success Dragon International Holdings in the lower half of its industry. The industry median Days Payable is 123.31. Success Dragon International Holdings' value of 34.39 is 72.1% below this benchmark. Historically, Success Dragon International Holdings' own Days Payable has ranged from 16.78 to 176.36 over the past decade. While the company's 10-year median is 24.33 vs. the industry median of 123.31, Success Dragon International 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 123.31, based on 1,067 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. Success Dragon International Holdings's current Days Payable of 34.39 is 72.1% 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 Success Dragon International Holdings and its competitors. For the Metals & Mining industry, the median Days Payable is 123.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Success Dragon International Holdings's current Days Payable is 34.39, which is 41% above median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Dragon International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Success Dragon International Holdings (HKSE:01182) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.64, compared to a current price of HK$0.66 — trading 3.1% above its estimated fair value. The current Days Payable is 34.39, which is 41% above median its 10-year median of 24.33 and 72.1% below the Metals & Mining industry median of 123.31. Success Dragon International Holdings' overall GF Score™ is 45/100 with 4 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 Success Dragon International Holdings (HKSE:01182), the current Days Payable is 34.39 as of Mar. 2026. 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 Success Dragon International Holdings (HKSE:01182) Overvalued in 2026?

Based on GuruFocus' analysis, Success Dragon International Holdings stock appears to be overvalued. The current stock price of HK$0.66 is trading 3.1% above its estimated GF Value™ of HK$0.64. GuruFocus considers Success Dragon International Holdings to be Fairly Valued.

Key valuation signals for HKSE:01182:

  • Days Payable: 34.39 (41% above median its 10-year median of 24.33)
  • GF Value™: HK$0.64 vs. price of HK$0.66 (3.1% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 72.1% below the Metals & Mining median (#858 of 1067)

No single metric tells the full story. See the HKSE:01182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Success Dragon International Holdings Business Description

Address 88 Connaught Road West, 19th Floor, Guangdong Finance Building, Hong Kong, HKG
Success Dragon International Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the gold processing business in the People's Republic of China (the PRC). The group purchases the gold-laden carbon from suppliers, including mining enterprises, and extracts gold and other precious metals from the gold-laden carbon using processes such as desorption and electrodeposition, and turns it into bullion. The extracted gold and other precious metals are sold to buyers and dealers in the PRC. In addition, the group has lease agreements with independent third parties in respect of several gold processing plants which purchase and process the gold ore, and turn it into gold concentrate. The group sells the gold concentrate to gold smelters.
45GF Score

Get the complete analysis for HKSE:01182

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

HK$0.66
Price
HK$0.64
GF Value