SPT Energy Group (HKSE:01251) Days Payable: 293.04 (As of Dec. 2025) — 48% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:01251 SPT Energy Group Inc HKSE:01251
42 GF Score
Price HK$0.17
GF Value HK$0.20
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is SPT Energy Group Days Payable?

SPT Energy Group HKSE:01251 42 Days Payable is 293.04 as of Dec. 2025, which is 48% below its 10-year median of 560.39. GuruFocus rates HKSE:01251 with a GF Score™ of 42/100 and a GF Value™ of HK$0.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 857 Oil & Gas companies, SPT Energy Group ranks better than 90.55% on this metric.

SPT Energy Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$560 Mil. SPT Energy Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$349 Mil. Hence, SPT Energy Group's Days Payable for the six months ended in Dec. 2025 was 293.04.

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

HKSE:01251' s Days Payable Range Over the Past 10 Years
Min: 348.33   Med: 560.39   Max: 801.06
Current: 348.33

During the past 13 years, SPT Energy Group's highest Days Payable was 801.06. The lowest was 348.33. And the median was 560.39.

HKSE:01251's Days Payable is ranked better than
90.55% of 857 companies
in the Oil & Gas industry
Industry Median: 58.96 vs HKSE:01251: 348.33

SPT Energy Group's Days Payable increased from Dec. 2024 (275.74) to Dec. 2025 (293.04). It may suggest that SPT Energy Group delayed paying its suppliers.


SPT Energy Group Days Payable Historical Data

* Premium members only.

The historical data trend for SPT Energy 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.

SPT Energy Group Days Payable Chart

SPT Energy Group 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 572.18 482.48 449.06 443.40 372.32

SPT Energy Group 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 409.44 568.35 275.74 394.66 293.04

HKSE:01251 vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, SPT Energy 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.


SPT Energy Group Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SPT Energy Group's Days Payable distribution charts can be found below:

* The bar in red indicates where SPT Energy Group's Days Payable falls into.


HKSE:01251
42GF Score
SPT Energy Group Inc HKSE:01251
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPT Energy 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.

SPT Energy Group'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
=( (595.104 + 632.226) / 2 ) / 601.592*365
=613.665 / 601.592*365
=372.32

SPT Energy Group'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
=( (487.394 + 632.226) / 2 ) / 348.635*365 / 2
=559.81 / 348.635*365 / 2
=293.04

* 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 293.04 mean?
SPT Energy Group (HKSE:01251) has a Days Payable of 293.04 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 SPT Energy Group and its competitors. This is 48% below median its historical median of 560.39. Over the past decade, SPT Energy Group's Days Payable has ranged from 348.33 to 801.06. According to the industry distribution chart, SPT Energy Group ranks #81 out of 857 companies in the Oil & Gas industry, placing it in the top 9.5%.
Is SPT Energy Group's Days Payable too high?
SPT Energy Group's current Days Payable of 293.04 is 48% below median its 10-year median of 560.39. Over the past 10 years, this metric has ranged from a low of 348.33 to a high of 801.06. The Oil & Gas industry median Days Payable is 58.96. SPT Energy Group's value of 293.04 is 397% above this industry median. Based on the distribution chart, SPT Energy Group ranks #81 out of 857 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, SPT Energy Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPT Energy Group's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, SPT Energy Group ranks #81 out of 857 companies for Days Payable. This places SPT Energy Group in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.96. SPT Energy Group's value of 293.04 is 397% above this benchmark. Historically, SPT Energy Group's own Days Payable has ranged from 348.33 to 801.06 over the past decade. While the company's 10-year median is 560.39 vs. the industry median of 58.96, SPT Energy Group 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.96, based on 857 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. SPT Energy Group's current Days Payable of 293.04 is 397% 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 SPT Energy Group and its competitors. For the Oil & Gas industry, the median Days Payable is 58.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPT Energy Group's current Days Payable is 293.04, which is 48% below median its own 10-year median of 560.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPT Energy Group stock overvalued right now?
Based on GuruFocus' analysis, SPT Energy Group (HKSE:01251) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.17 — trading 15.5% below its estimated fair value. The current Days Payable is 293.04, which is 48% below median its 10-year median of 560.39 and 397% above the Oil & Gas industry median of 58.96. SPT Energy Group's overall GF Score™ is 42/100 with 5 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 SPT Energy Group (HKSE:01251), the current Days Payable is 293.04 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 SPT Energy Group (HKSE:01251) Overvalued in 2026?

Based on GuruFocus' analysis, SPT Energy Group stock appears to be undervalued. The current stock price of HK$0.17 is trading 15.5% below its estimated GF Value™ of HK$0.20. GuruFocus considers SPT Energy Group to be Modestly Undervalued.

Key valuation signals for HKSE:01251:

  • Days Payable: 293.04 (48% below median its 10-year median of 560.39)
  • GF Value™: HK$0.20 vs. price of HK$0.17 (15.5% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 397% above the Oil & Gas median (#81 of 857)

No single metric tells the full story. See the HKSE:01251 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPT Energy Group Business Description

Industry EnergyOil & Gas
Address Jia No. 8 Hongjunying East Road, 5th Floor, Hongmao Commercial Building, Chaoyang District, Beijing, CHN, 100012
SPT Energy Group Inc is an investment holding company. Along with its subsidiaries, it is principally engaged in the provision of integrated oilfield services and the manufacturing and sale of oilfield services-related products. Its operating segments are Drilling, Well Completion, Reservoir, and Others. The majority of the group's revenue is generated from the Reservoir segment, which provides geology research and oil reservoir research services, dynamic monitoring, oil testing, oil recovery technology, coiled tubing, and repair services of surface production devices, etc. Geographically, the group generates maximum revenue from the People's Republic of China (PRC), and the rest from Kazakhstan, Turkmenistan, Indonesia, the Middle East, Canada, and other regions.
42GF Score

Get the complete analysis for HKSE:01251

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

HK$0.17
Price
HK$0.20
GF Value