Macau E&M Holding (HKSE:01408) Days Payable: 5.65 (As of Dec. 2025) — 74% Below Median

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HKSE:01408 Macau E&M Holding Ltd HKSE:01408
55 GF Score
Price HK$0.34
GF Value HK$0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Macau E&M Holding Days Payable?

Macau E&M Holding HKSE:01408 -1.47% 55 Days Payable is 5.65 as of Dec. 2025, which is 74% below its 10-year median of 21.54. GuruFocus rates HKSE:01408 with a GF Score™ of 55/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Macau E&M Holding ranks worse than 97.33% on this metric.

Macau E&M Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$0.87 Mil. Macau E&M Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$28.10 Mil. Hence, Macau E&M Holding's Days Payable for the six months ended in Dec. 2025 was 5.65.

The historical rank and industry rank for Macau E&M Holding's Days Payable or its related term are showing as below:

HKSE:01408' s Days Payable Range Over the Past 10 Years
Min: 0.25   Med: 21.54   Max: 46.15
Current: 14.17

During the past 9 years, Macau E&M Holding's highest Days Payable was 46.15. The lowest was 0.25. And the median was 21.54.

HKSE:01408's Days Payable is ranked worse than
97.33% of 1721 companies
in the Construction industry
Industry Median: 76.61 vs HKSE:01408: 14.17

Macau E&M Holding's Days Payable declined from Dec. 2024 (61.03) to Dec. 2025 (5.65). It may suggest that Macau E&M Holding accelerated paying its suppliers.


Macau E&M Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Macau E&M Holding'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.

Macau E&M Holding Days Payable Chart

Macau E&M Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 30.48 21.54 38.63 46.16 16.59

Macau E&M Holding Semi-Annual Data
Dec17 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 38.61 46.53 61.03 18.91 5.65

HKSE:01408 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Macau E&M Holding'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.


Macau E&M Holding Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Macau E&M Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Macau E&M Holding's Days Payable falls into.


HKSE:01408
55GF Score
Macau E&M Holding Ltd HKSE:01408
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Macau E&M Holding 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.

Macau E&M Holding'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
=( (5.561 + 0.136) / 2 ) / 62.675*365
=2.8485 / 62.675*365
=16.59

Macau E&M Holding'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
=( (1.604 + 0.136) / 2 ) / 28.1*365 / 2
=0.87 / 28.1*365 / 2
=5.65

* 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 5.65 mean?
Macau E&M Holding (HKSE:01408) has a Days Payable of 5.65 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 Macau E&M Holding and its competitors. This is 74% below median its historical median of 21.54. Over the past decade, Macau E&M Holding's Days Payable has ranged from 0.25 to 46.15. According to the industry distribution chart, Macau E&M Holding ranks #1675 out of 1721 companies in the Construction industry, placing it in the top 97.3%.
Is Macau E&M Holding's Days Payable too high?
Macau E&M Holding's current Days Payable of 5.65 is 74% below median its 10-year median of 21.54. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 46.15. The Construction industry median Days Payable is 76.61. Macau E&M Holding's value of 5.65 is 92.6% below this industry median. Based on the distribution chart, Macau E&M Holding ranks #1675 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Macau E&M Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macau E&M Holding's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Macau E&M Holding ranks #1675 out of 1721 companies for Days Payable. This places Macau E&M Holding in the lower half of its industry. The industry median Days Payable is 76.61. Macau E&M Holding's value of 5.65 is 92.6% below this benchmark. Historically, Macau E&M Holding's own Days Payable has ranged from 0.25 to 46.15 over the past decade. While the company's 10-year median is 21.54 vs. the industry median of 76.61, Macau E&M Holding 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 Construction company?
The median Days Payable among Construction companies is 76.61, based on 1,721 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. Macau E&M Holding's current Days Payable of 5.65 is 92.6% 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 Macau E&M Holding and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau E&M Holding's current Days Payable is 5.65, which is 74% below median its own 10-year median of 21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau E&M Holding stock overvalued right now?
Based on GuruFocus' analysis, Macau E&M Holding (HKSE:01408) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.34 — trading 235% above its estimated fair value. The current Days Payable is 5.65, which is 74% below median its 10-year median of 21.54 and 92.6% below the Construction industry median of 76.61. Macau E&M Holding's overall GF Score™ is 55/100 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 Macau E&M Holding (HKSE:01408), the current Days Payable is 5.65 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 Macau E&M Holding (HKSE:01408) Overvalued in 2026?

Based on GuruFocus' analysis, Macau E&M Holding stock appears to be overvalued. The current stock price of HK$0.34 is trading 235% above its estimated GF Value™ of HK$0.10. GuruFocus considers Macau E&M Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01408:

  • Days Payable: 5.65 (74% below median its 10-year median of 21.54)
  • GF Value™: HK$0.10 vs. price of HK$0.34 (235% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 92.6% below the Construction median (#1675 of 1721)

No single metric tells the full story. See the HKSE:01408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macau E&M Holding Business Description

Address Avenida da Concordia, NO. 175 - 181, Tower B and D, 10th floor, Edificio Industrial Wang Fu, Macao, MAC
Macau E&M Holding Ltd is an Electrical & Mechanical engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.
55GF Score

Get the complete analysis for HKSE:01408

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

HK$0.34
Price
HK$0.10
GF Value