Veson Holdings (HKSE:01399) Days Payable: 131.57 (As of Dec. 2025) — 18% Below Median

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HKSE:01399 Veson Holdings Ltd HKSE:01399
39 GF Score
Price HK$0.38
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Veson Holdings Days Payable?

Veson Holdings HKSE:01399 39 Days Payable is 131.57 as of Dec. 2025, which is 18% below its 10-year median of 160.69. GuruFocus rates HKSE:01399 with a GF Score™ of 39/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,007 Industrial Products companies, Veson Holdings ranks better than 73.89% on this metric.

Veson Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$2,093 Mil. Veson Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,903 Mil. Hence, Veson Holdings's Days Payable for the six months ended in Dec. 2025 was 131.57.

The historical rank and industry rank for Veson Holdings's Days Payable or its related term are showing as below:

HKSE:01399' s Days Payable Range Over the Past 10 Years
Min: 136.87   Med: 160.69   Max: 186.51
Current: 143.9

During the past 13 years, Veson Holdings's highest Days Payable was 186.51. The lowest was 136.87. And the median was 160.69.

HKSE:01399's Days Payable is ranked better than
73.89% of 3007 companies
in the Industrial Products industry
Industry Median: 78.29 vs HKSE:01399: 143.90

Veson Holdings's Days Payable increased from Dec. 2024 (129.23) to Dec. 2025 (131.57). It may suggest that Veson Holdings delayed paying its suppliers.


Veson Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Veson Holdings'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.

Veson Holdings Days Payable Chart

Veson Holdings 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 153.19 186.51 160.33 161.05 147.30

Veson Holdings 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 119.10 168.60 129.23 154.21 131.57

HKSE:01399 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Veson Holdings'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.


Veson Holdings Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Veson Holdings's Days Payable falls into.


HKSE:01399
39GF Score
Veson Holdings Ltd HKSE:01399
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veson Holdings 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.

Veson Holdings'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
=( (2094.612 + 2212.313) / 2 ) / 5336.19*365
=2153.4625 / 5336.19*365
=147.30

Veson Holdings'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
=( (1973.797 + 2212.313) / 2 ) / 2903.165*365 / 2
=2093.055 / 2903.165*365 / 2
=131.57

* 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 131.57 mean?
Veson Holdings (HKSE:01399) has a Days Payable of 131.57 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 Veson Holdings and its competitors. This is 18% below median its historical median of 160.69. Over the past decade, Veson Holdings' Days Payable has ranged from 136.87 to 186.51. According to the industry distribution chart, Veson Holdings ranks #785 out of 3007 companies in the Industrial Products industry, placing it in the top 26.1%.
Is Veson Holdings' Days Payable too high?
Veson Holdings' current Days Payable of 131.57 is 18% below median its 10-year median of 160.69. Over the past 10 years, this metric has ranged from a low of 136.87 to a high of 186.51. The Industrial Products industry median Days Payable is 78.29. Veson Holdings' value of 131.57 is 68.1% above this industry median. Based on the distribution chart, Veson Holdings ranks #785 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Veson Holdings has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veson Holdings' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veson Holdings ranks #785 out of 3007 companies for Days Payable. This puts Veson Holdings in the upper half of its industry. The industry median Days Payable is 78.29. Veson Holdings' value of 131.57 is 68.1% above this benchmark. Historically, Veson Holdings' own Days Payable has ranged from 136.87 to 186.51 over the past decade. While the company's 10-year median is 160.69 vs. the industry median of 78.29, Veson Holdings 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.29, based on 3,007 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. Veson Holdings's current Days Payable of 131.57 is 68.1% 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 Veson Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 78.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veson Holdings's current Days Payable is 131.57, which is 18% below median its own 10-year median of 160.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Veson Holdings (HKSE:01399) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.38 — trading 100% above its estimated fair value. The current Days Payable is 131.57, which is 18% below median its 10-year median of 160.69 and 68.1% above the Industrial Products industry median of 78.29. Veson Holdings' overall GF Score™ is 39/100 with 3 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 Veson Holdings (HKSE:01399), the current Days Payable is 131.57 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 Veson Holdings (HKSE:01399) Overvalued in 2026?

Based on GuruFocus' analysis, Veson Holdings stock appears to be overvalued. The current stock price of HK$0.38 is trading 100% above its estimated GF Value™ of HK$0.19. GuruFocus considers Veson Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01399:

  • Days Payable: 131.57 (18% below median its 10-year median of 160.69)
  • GF Value™: HK$0.19 vs. price of HK$0.38 (100% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 68.1% above the Industrial Products median (#785 of 3007)

No single metric tells the full story. See the HKSE:01399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veson Holdings Business Description

Address No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is an investment holding company, along with its subsidiaries, that is principally engaged in the manufacture and sale of lithium-ion battery modules and related accessories for mobile phones, tablets, and digital electronic appliances, while also engaging in the manufacture and sale of lithium-ion bare battery cells. Its reportable segments are ODM business, Bare battery cell business, and Others. It genertates the majority of its revenue from ODM business that engaged in the manufacture and supply of lithium-ion battery modules, power banks, motive battery, and related accessories for branded mobile phone, notebooks, tablets manufacturers within and outside China, and the provision of processing services.
39GF Score

Get the complete analysis for HKSE:01399

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

HK$0.38
Price
HK$0.19
GF Value