Impro Precision Industries (HKSE:01286) Days Payable: 63.10 (As of Jun. 2026) — 31% Above Median

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HKSE:01286 Impro Precision Industries Ltd HKSE:01286
78 GF Score
Price HK$9.37
GF Value HK$3.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Impro Precision Industries Days Payable?

Impro Precision Industries HKSE:01286 +3.48% 78 Days Payable is 63.10 as of Jun. 2026, which is 31% above its 10-year median of 48.33. GuruFocus rates HKSE:01286 with a GF Score™ of 78/100 and a GF Value™ of HK$3.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,993 Industrial Products companies, Impro Precision Industries ranks worse than 62.61% on this metric.

Impro Precision Industries's average Accounts Payable for the six months ended in Jun. 2026 was HK$747 Mil. Impro Precision Industries's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$2,161 Mil. Hence, Impro Precision Industries's Days Payable for the six months ended in Jun. 2026 was 63.10.

The historical rank and industry rank for Impro Precision Industries's Days Payable or its related term are showing as below:

HKSE:01286' s Days Payable Range Over the Past 10 Years
Min: 41.69   Med: 48.33   Max: 60.91
Current: 60.56

During the past 10 years, Impro Precision Industries's highest Days Payable was 60.91. The lowest was 41.69. And the median was 48.33.

HKSE:01286's Days Payable is ranked worse than
62.61% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs HKSE:01286: 60.56

Impro Precision Industries's Days Payable increased from Jun. 2025 (58.26) to Jun. 2026 (63.10). It may suggest that Impro Precision Industries delayed paying its suppliers.


Impro Precision Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Impro Precision Industries'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.

Impro Precision Industries Days Payable Chart

Impro Precision Industries 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 41.69 47.61 52.06 59.17 60.91

Impro Precision Industries Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 53.52 61.18 58.26 56.13 63.10

HKSE:01286 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.


Impro Precision Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impro Precision Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Impro Precision Industries's Days Payable falls into.


HKSE:01286
78GF Score
Impro Precision Industries Ltd HKSE:01286
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Impro Precision Industries 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.

Impro Precision Industries'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
=( (588.573 + 644.799) / 2 ) / 3695.375*365
=616.686 / 3695.375*365
=60.91

Impro Precision Industries's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (644.799 + 849.742) / 2 ) / 2161.244*365 / 2
=747.2705 / 2161.244*365 / 2
=63.10

* 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 63.10 mean?
Impro Precision Industries (HKSE:01286) has a Days Payable of 63.10 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Impro Precision Industries and its competitors. This is 31% above median its historical median of 48.33. Over the past decade, Impro Precision Industries' Days Payable has ranged from 41.69 to 60.91. According to the industry distribution chart, Impro Precision Industries ranks #1874 out of 2993 companies in the Industrial Products industry, placing it in the top 62.6%.
Is Impro Precision Industries' Days Payable too high?
Impro Precision Industries' current Days Payable of 63.10 is 31% above median its 10-year median of 48.33. Over the past 10 years, this metric has ranged from a low of 41.69 to a high of 60.91. The Industrial Products industry median Days Payable is 77.78. Impro Precision Industries' value of 63.10 is 18.9% below this industry median. Based on the distribution chart, Impro Precision Industries ranks #1874 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Impro Precision Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impro Precision Industries' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Impro Precision Industries ranks #1874 out of 2993 companies for Days Payable. This places Impro Precision Industries in the lower half of its industry. The industry median Days Payable is 77.78. Impro Precision Industries' value of 63.10 is 18.9% below this benchmark. Historically, Impro Precision Industries' own Days Payable has ranged from 41.69 to 60.91 over the past decade. While the company's 10-year median is 48.33 vs. the industry median of 77.78, Impro Precision Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.78, based on 2,993 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. Impro Precision Industries's current Days Payable of 63.10 is 18.9% 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 Impro Precision Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impro Precision Industries's current Days Payable is 63.10, which is 31% above median its own 10-year median of 48.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impro Precision Industries stock overvalued right now?
Based on GuruFocus' analysis, Impro Precision Industries (HKSE:01286) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$3.21, compared to a current price of HK$9.37 — trading 191.9% above its estimated fair value. The current Days Payable is 63.10, which is 31% above median its 10-year median of 48.33 and 18.9% below the Industrial Products industry median of 77.78. Impro Precision Industries' overall GF Score™ is 78/100 with 1 warning sign 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 Impro Precision Industries (HKSE:01286), the current Days Payable is 63.10 as of Jun. 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 Impro Precision Industries (HKSE:01286) Overvalued in 2026?

Based on GuruFocus' analysis, Impro Precision Industries stock appears to be overvalued. The current stock price of HK$9.37 is trading 191.9% above its estimated GF Value™ of HK$3.21. GuruFocus considers Impro Precision Industries to be Significantly Overvalued.

Key valuation signals for HKSE:01286:

  • Days Payable: 63.10 (31% above median its 10-year median of 48.33)
  • GF Value™: HK$3.21 vs. price of HK$9.37 (191.9% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 18.9% below the Industrial Products median (#1874 of 2993)

No single metric tells the full story. See the HKSE:01286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impro Precision Industries Business Description

Other Exchanges 7IP:Germany
Address 6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG
Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. The company's geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.
78GF Score

Get the complete analysis for HKSE:01286

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

HK$9.37
Price
HK$3.21
GF Value