Wang On Group (HKSE:01222) Days Payable: 24.21 (As of Mar. 2026) — 29% Below Median

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What is Wang On Group Days Payable?

Wang On Group HKSE:01222 Days Payable is 24.21 as of Mar. 2026, which is 29% below its 10-year median of 34.13. The stock has 3 warning signs investors should review. Among 501 Conglomerates companies, Wang On Group ranks worse than 88.42% on this metric.

Wang On Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$149 Mil. Wang On Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$1,127 Mil. Hence, Wang On Group's Days Payable for the six months ended in Mar. 2026 was 24.21.

The historical rank and industry rank for Wang On Group's Days Payable or its related term are showing as below:

HKSE:01222' s Days Payable Range Over the Past 10 Years
Min: 19.01   Med: 34.13   Max: 59.83
Current: 23.5

During the past 13 years, Wang On Group's highest Days Payable was 59.83. The lowest was 19.01. And the median was 34.13.

HKSE:01222's Days Payable is ranked worse than
88.42% of 501 companies
in the Conglomerates industry
Industry Median: 56.04 vs HKSE:01222: 23.50

Wang On Group's Days Payable increased from Mar. 2025 (13.98) to Mar. 2026 (24.21). It may suggest that Wang On Group delayed paying its suppliers.


Wang On Group Days Payable Historical Data

* Premium members only.

The historical data trend for Wang On Group'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.

Wang On Group Days Payable Chart

Wang On Group 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 37.31 19.01 54.50 26.95 27.75

Wang On Group 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 75.63 30.73 13.98 17.87 24.21

HKSE:01222 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Wang On Group'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.


Wang On Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wang On Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Wang On Group's Days Payable falls into.



Wang On Group 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.

Wang On Group'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
=( (94.109 + 215.307) / 2 ) / 2035.231*365
=154.708 / 2035.231*365
=27.75

Wang On Group'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
=( (83.683 + 215.307) / 2 ) / 1127.121*365 / 2
=149.495 / 1127.121*365 / 2
=24.21

* 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 24.21 mean?
Wang On Group (HKSE:01222) has a Days Payable of 24.21 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 Wang On Group and its competitors. This is 29% below median its historical median of 34.13. Over the past decade, Wang On Group's Days Payable has ranged from 19.01 to 59.83. According to the industry distribution chart, Wang On Group ranks #443 out of 501 companies in the Conglomerates industry, placing it in the top 88.4%.
Is Wang On Group's Days Payable too high?
Wang On Group's current Days Payable of 24.21 is 29% below median its 10-year median of 34.13. Over the past 10 years, this metric has ranged from a low of 19.01 to a high of 59.83. The Conglomerates industry median Days Payable is 56.04. Wang On Group's value of 24.21 is 56.8% below this industry median. Based on the distribution chart, Wang On Group ranks #443 out of 501 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Wang On Group's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wang On Group ranks #443 out of 501 companies for Days Payable. This places Wang On Group in the lower half of its industry. The industry median Days Payable is 56.04. Wang On Group's value of 24.21 is 56.8% below this benchmark. Historically, Wang On Group's own Days Payable has ranged from 19.01 to 59.83 over the past decade. While the company's 10-year median is 34.13 vs. the industry median of 56.04, Wang On Group 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 501 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. Wang On Group's current Days Payable of 24.21 is 56.8% 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 Wang On Group and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Group's current Days Payable is 24.21, which is 29% below median its own 10-year median of 34.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Group stock overvalued right now?
Based on GuruFocus' analysis, Wang On Group (HKSE:01222) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.02 — trading 30% below its estimated fair value. The current Days Payable is 24.21, which is 29% below median its 10-year median of 34.13 and 56.8% below the Conglomerates industry median of 56.04. 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 Wang On Group (HKSE:01222), the current Days Payable is 24.21 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.

Wang On Group Business Description

Other Exchanges WON1:Germany
Address 39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.