Wang On Properties (HKSE:01243) Days Payable: 22.98 (As of Mar. 2026) — 38% Below Median

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What is Wang On Properties Days Payable?

Wang On Properties HKSE:01243 Days Payable is 22.98 as of Mar. 2026, which is 38% below its 10-year median of 37.11. The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Wang On Properties ranks worse than 86.12% on this metric.

Wang On Properties's average Accounts Payable for the six months ended in Mar. 2026 was HK$104 Mil. Wang On Properties's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$824 Mil. Hence, Wang On Properties's Days Payable for the six months ended in Mar. 2026 was 22.98.

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

HKSE:01243' s Days Payable Range Over the Past 10 Years
Min: 10.31   Med: 37.11   Max: 387.08
Current: 21.64

During the past 13 years, Wang On Properties's highest Days Payable was 387.08. The lowest was 10.31. And the median was 37.11.

HKSE:01243's Days Payable is ranked worse than
86.12% of 1571 companies
in the Real Estate industry
Industry Median: 92.71 vs HKSE:01243: 21.64

Wang On Properties's Days Payable increased from Mar. 2025 (8.95) to Mar. 2026 (22.98). It may suggest that Wang On Properties delayed paying its suppliers.


Wang On Properties Days Payable Historical Data

* Premium members only.

The historical data trend for Wang On Properties'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 Properties Days Payable Chart

Wang On Properties 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 387.08 10.31 151.41 26.58 28.23

Wang On Properties 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 904.91 35.93 8.95 12.23 22.98

Wang On Properties Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Wang On Properties'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 Properties Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Days Payable distribution charts can be found below:

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



Wang On Properties 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 Properties'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
=( (50.099 + 173.879) / 2 ) / 1447.747*365
=111.989 / 1447.747*365
=28.23

Wang On Properties'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
=( (33.558 + 173.879) / 2 ) / 823.589*365 / 2
=103.7185 / 823.589*365 / 2
=22.98

* 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 22.98 mean?
Wang On Properties (HKSE:01243) has a Days Payable of 22.98 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 Properties and its competitors. This is 38% below median its historical median of 37.11. Over the past decade, Wang On Properties' Days Payable has ranged from 10.31 to 387.08. According to the industry distribution chart, Wang On Properties ranks #1353 out of 1571 companies in the Real Estate industry, placing it in the top 86.1%.
Is Wang On Properties' Days Payable too high?
Wang On Properties' current Days Payable of 22.98 is 38% below median its 10-year median of 37.11. Over the past 10 years, this metric has ranged from a low of 10.31 to a high of 387.08. The Real Estate industry median Days Payable is 92.71. Wang On Properties' value of 22.98 is 75.2% below this industry median. Based on the distribution chart, Wang On Properties ranks #1353 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Wang On Properties' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #1353 out of 1571 companies for Days Payable. This places Wang On Properties in the lower half of its industry. The industry median Days Payable is 92.71. Wang On Properties' value of 22.98 is 75.2% below this benchmark. Historically, Wang On Properties' own Days Payable has ranged from 10.31 to 387.08 over the past decade. While the company's 10-year median is 37.11 vs. the industry median of 92.71, Wang On Properties 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.71, based on 1,571 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 Properties's current Days Payable of 22.98 is 75.2% 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 Properties and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current Days Payable is 22.98, which is 38% below median its own 10-year median of 37.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 17.5% below its estimated fair value. The current Days Payable is 22.98, which is 38% below median its 10-year median of 37.11 and 75.2% below the Real Estate industry median of 92.71. 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 Properties (HKSE:01243), the current Days Payable is 22.98 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 Properties Business Description

Address 39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.