FEG Holdings (HKSE:01413) Days Payable: 81.94 (As of Mar. 2026) — 319% Above 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:01413 FEG Holdings Corp Ltd HKSE:01413
43 GF Score
Price HK$0.21
GF Value HK$0.25
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is FEG Holdings Days Payable?

FEG Holdings HKSE:01413 43 Days Payable is 81.94 as of Mar. 2026, which is 319% above its 10-year median of 19.56. GuruFocus rates HKSE:01413 with a GF Score™ of 43/100 and a GF Value™ of HK$0.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,718 Construction companies, FEG Holdings ranks better than 56% on this metric.

FEG Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$48.2 Mil. FEG Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$107.3 Mil. Hence, FEG Holdings's Days Payable for the six months ended in Mar. 2026 was 81.94.

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

HKSE:01413' s Days Payable Range Over the Past 10 Years
Min: 16.6   Med: 19.56   Max: 89.66
Current: 86.57

During the past 9 years, FEG Holdings's highest Days Payable was 89.66. The lowest was 16.60. And the median was 19.56.

HKSE:01413's Days Payable is ranked better than
56% of 1718 companies
in the Construction industry
Industry Median: 77.065 vs HKSE:01413: 86.57

FEG Holdings's Days Payable increased from Mar. 2025 (56.18) to Mar. 2026 (81.94). It may suggest that FEG Holdings delayed paying its suppliers.


FEG Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for FEG 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.

FEG Holdings Days Payable Chart

FEG Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 16.60 28.12 28.62 43.39 89.66

FEG Holdings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 27.56 40.76 56.18 88.53 81.94

HKSE:01413 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, FEG 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.


FEG Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, FEG Holdings's Days Payable distribution charts can be found below:

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


HKSE:01413
43GF Score
FEG Holdings Corp Ltd HKSE:01413
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FEG 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.

FEG Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (46.794 + 52.034) / 2 ) / 201.16*365
=49.414 / 201.16*365
=89.66

FEG Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (44.299 + 52.034) / 2 ) / 107.273*365 / 2
=48.1665 / 107.273*365 / 2
=81.94

* 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 81.94 mean?
FEG Holdings (HKSE:01413) has a Days Payable of 81.94 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 FEG Holdings and its competitors. This is 319% above median its historical median of 19.56. Over the past decade, FEG Holdings' Days Payable has ranged from 16.60 to 89.66. According to the industry distribution chart, FEG Holdings ranks #756 out of 1718 companies in the Construction industry, placing it in the top 44%.
Is FEG Holdings' Days Payable too high?
FEG Holdings' current Days Payable of 81.94 is 319% above median its 10-year median of 19.56. Over the past 10 years, this metric has ranged from a low of 16.60 to a high of 89.66. The Construction industry median Days Payable is 77.07. FEG Holdings' value of 81.94 is 6.3% above this industry median. Based on the distribution chart, FEG Holdings ranks #756 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, FEG Holdings has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FEG Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, FEG Holdings ranks #756 out of 1718 companies for Days Payable. This puts FEG Holdings in the upper half of its industry. The industry median Days Payable is 77.07. FEG Holdings' value of 81.94 is 6.3% above this benchmark. Historically, FEG Holdings' own Days Payable has ranged from 16.60 to 89.66 over the past decade. While the company's 10-year median is 19.56 vs. the industry median of 77.07, FEG 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 a Construction company?
The median Days Payable among Construction companies is 77.07, based on 1,718 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. FEG Holdings's current Days Payable of 81.94 is 6.3% 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 FEG Holdings and its competitors. For the Construction industry, the median Days Payable is 77.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FEG Holdings's current Days Payable is 81.94, which is 319% above median its own 10-year median of 19.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FEG Holdings stock overvalued right now?
Based on GuruFocus' analysis, FEG Holdings (HKSE:01413) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.21 — trading 18% below its estimated fair value. The current Days Payable is 81.94, which is 319% above median its 10-year median of 19.56 and 6.3% above the Construction industry median of 77.07. FEG Holdings' overall GF Score™ is 43/100 with 6 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 FEG Holdings (HKSE:01413), the current Days Payable is 81.94 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 FEG Holdings (HKSE:01413) Overvalued in 2026?

Based on GuruFocus' analysis, FEG Holdings stock appears to be undervalued. The current stock price of HK$0.21 is trading 18% below its estimated GF Value™ of HK$0.25. GuruFocus considers FEG Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01413:

  • Days Payable: 81.94 (319% above median its 10-year median of 19.56)
  • GF Value™: HK$0.25 vs. price of HK$0.21 (18% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 6.3% above the Construction median (#756 of 1718)

No single metric tells the full story. See the HKSE:01413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FEG Holdings Business Description

Address 138 Queen's Road Central, Room 1801, 18th Floor, Wei Xiang Building, Hong Kong, HKG
FEG Holdings Corp Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support, as well as other related projects, including pile cap engineering, underground drainage engineering, and site leveling engineering. The group's operations are located in Hong Kong.
43GF Score

Get the complete analysis for HKSE:01413

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

HK$0.21
Price
HK$0.25
GF Value