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Green Economy DevelopmentHKSE:01315 +17.98%38 Days Payable is 24.81 as of Mar. 2026, which is 25% above its 10-year median of 19.86. GuruFocus rates HKSE:01315 with a GF Score™ of 38/100 and a GF Value™ of HK$0.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 402 Building Materials companies, Green Economy Development ranks worse than 95.77% on this metric.
* 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.
HKSE:01315 vs CRH, MLM, VMC: Days Payable Comparison
For the Building Materials subindustry, Green Economy Development'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.
Green Economy Development Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Green Economy Development's Days Payable distribution charts can be found below:
* The bar in red indicates where Green Economy Development's Days Payable falls into.
Green Economy Development 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.
Green Economy Development's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Green Economy Development (HKSE:01315) has a Days Payable of 24.81 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 Green Economy Development and its competitors. This is 25% above median its historical median of 19.86. Over the past decade, Green Economy Development's Days Payable has ranged from 15.64 to 91.09. According to the industry distribution chart, Green Economy Development ranks #385 out of 402 companies in the Building Materials industry, placing it in the top 95.8%.
Is Green Economy Development's Days Payable too high?
Green Economy Development's current Days Payable of 24.81 is 25% above median its 10-year median of 19.86. Over the past 10 years, this metric has ranged from a low of 15.64 to a high of 91.09. The Building Materials industry median Days Payable is 71.53. Green Economy Development's value of 24.81 is 65.3% below this industry median. Based on the distribution chart, Green Economy Development ranks #385 out of 402 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Green Economy Development has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Economy Development's Days Payable compare to CRH and MLM?
According to the Building Materials industry distribution chart, Green Economy Development ranks #385 out of 402 companies for Days Payable. This places Green Economy Development in the lower half of its industry. The industry median Days Payable is 71.53. Green Economy Development's value of 24.81 is 65.3% below this benchmark. Historically, Green Economy Development's own Days Payable has ranged from 15.64 to 91.09 over the past decade. While the company's 10-year median is 19.86 vs. the industry median of 71.53, Green Economy Development 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 Building Materials company?
The median Days Payable among Building Materials companies is 71.53, based on 402 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. Green Economy Development's current Days Payable of 24.81 is 65.3% 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 Green Economy Development and its competitors. For the Building Materials industry, the median Days Payable is 71.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Economy Development's current Days Payable is 24.81, which is 25% above median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Economy Development stock overvalued right now?
Based on GuruFocus' analysis, Green Economy Development (HKSE:01315) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.11 — trading 75% above its estimated fair value. The current Days Payable is 24.81, which is 25% above median its 10-year median of 19.86 and 65.3% below the Building Materials industry median of 71.53. Green Economy Development's overall GF Score™ is 38/100 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 Green Economy Development (HKSE:01315), the current Days Payable is 24.81 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 Green Economy Development (HKSE:01315) Overvalued in 2026?
Based on GuruFocus' analysis, Green Economy Development stock appears to be overvalued.
The current stock price of HK$0.11 is trading 75% above its estimated GF Value™ of HK$0.06.
GuruFocus considers Green Economy Development to be Significantly Overvalued.
Key valuation signals for HKSE:01315:
Days Payable: 24.81 (25% above median its 10-year median of 19.86)
GF Value™: HK$0.06 vs. price of HK$0.11 (75% above fair value)
Industry Position: 65.3% below the Building Materials median (#385 of 402)
No single metric tells the full story. See the HKSE:01315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green Economy Development Ltd, formerly Vision Fame International Holding Ltd. is principally engaged in the provision of building construction services, property maintenance services, alterations, renovation, upgrading fitting-out works services, and trading of materials. It operates through four business segments: Building construction and other construction related business; Alterations, renovation, upgrading and fitting-out works segment; Property maintenance segment; Supply chain management segment. It derives maximum revenue from trading of materials segment. The geographic area of operation includes PRC and Hong Kong.
38GF Score
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