Sinomax Group (HKSE:01418) Days Payable: 54.74 (As of Dec. 2025) — 10% Below Median

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HKSE:01418 Sinomax Group Ltd HKSE:01418
50 GF Score
Price HK$0.16
GF Value HK$0.24
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sinomax Group Days Payable?

Sinomax Group HKSE:01418 +3.33% 50 Days Payable is 54.74 as of Dec. 2025, which is 10% below its 10-year median of 60.63. GuruFocus rates HKSE:01418 with a GF Score™ of 50/100 and a GF Value™ of HK$0.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Sinomax Group ranks worse than 53.37% on this metric.

Sinomax Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$643 Mil. Sinomax Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,145 Mil. Hence, Sinomax Group's Days Payable for the six months ended in Dec. 2025 was 54.74.

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

HKSE:01418' s Days Payable Range Over the Past 10 Years
Min: 49.05   Med: 60.63   Max: 68.54
Current: 61.04

During the past 13 years, Sinomax Group's highest Days Payable was 68.54. The lowest was 49.05. And the median was 60.63.

HKSE:01418's Days Payable is ranked worse than
53.37% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs HKSE:01418: 61.04

Sinomax Group's Days Payable declined from Dec. 2024 (58.59) to Dec. 2025 (54.74). It may suggest that Sinomax Group accelerated paying its suppliers.


Sinomax Group Days Payable Historical Data

* Premium members only.

The historical data trend for Sinomax Group'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.

Sinomax Group Days Payable Chart

Sinomax Group 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 61.26 68.54 54.25 59.99 65.65

Sinomax Group 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 56.73 58.67 58.59 64.66 54.74

HKSE:01418 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sinomax Group'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.


Sinomax Group Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sinomax Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinomax Group's Days Payable falls into.


HKSE:01418
50GF Score
Sinomax Group Ltd HKSE:01418
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinomax Group 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.

Sinomax Group'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
=( (516.725 + 776.217) / 2 ) / 3594.429*365
=646.471 / 3594.429*365
=65.65

Sinomax Group'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
=( (510.487 + 776.217) / 2 ) / 2144.745*365 / 2
=643.352 / 2144.745*365 / 2
=54.74

* 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 54.74 mean?
Sinomax Group (HKSE:01418) has a Days Payable of 54.74 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 Sinomax Group and its competitors. This is 10% below median its historical median of 60.63. Over the past decade, Sinomax Group's Days Payable has ranged from 49.05 to 68.54. According to the industry distribution chart, Sinomax Group ranks #222 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 53.4%.
Is Sinomax Group's Days Payable too high?
Sinomax Group's current Days Payable of 54.74 is 10% below median its 10-year median of 60.63. Over the past 10 years, this metric has ranged from a low of 49.05 to a high of 68.54. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Sinomax Group's value of 54.74 is 14.1% below this industry median. Based on the distribution chart, Sinomax Group ranks #222 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Sinomax Group has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinomax Group's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sinomax Group ranks #222 out of 416 companies for Days Payable. This places Sinomax Group in the lower half of its industry. The industry median Days Payable is 63.75. Sinomax Group's value of 54.74 is 14.1% below this benchmark. Historically, Sinomax Group's own Days Payable has ranged from 49.05 to 68.54 over the past decade. While the company's 10-year median is 60.63 vs. the industry median of 63.75, Sinomax Group 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Sinomax Group's current Days Payable of 54.74 is 14.1% 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 Sinomax Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinomax Group's current Days Payable is 54.74, which is 10% below median its own 10-year median of 60.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinomax Group stock overvalued right now?
Based on GuruFocus' analysis, Sinomax Group (HKSE:01418) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.16 — trading 35.4% below its estimated fair value. The current Days Payable is 54.74, which is 10% below median its 10-year median of 60.63 and 14.1% below the Furnishings, Fixtures & Appliances industry median of 63.75. Sinomax Group's overall GF Score™ is 50/100 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 Sinomax Group (HKSE:01418), the current Days Payable is 54.74 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 Sinomax Group (HKSE:01418) Overvalued in 2026?

Based on GuruFocus' analysis, Sinomax Group stock appears to be undervalued. The current stock price of HK$0.16 is trading 35.4% below its estimated GF Value™ of HK$0.24. GuruFocus considers Sinomax Group to be Significantly Undervalued.

Key valuation signals for HKSE:01418:

  • Days Payable: 54.74 (10% below median its 10-year median of 60.63)
  • GF Value™: HK$0.24 vs. price of HK$0.16 (35.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 14.1% below the Furnishings, Fixtures & Appliances median (#222 of 416)

No single metric tells the full story. See the HKSE:01418 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinomax Group Business Description

Address 38 Wang Chiu Road, Units 2005-2007, Level 20, Tower 1, MegaBox Enterprise Square Five, Kowloon Bay, Hong Kong, HKG
Sinomax Group Ltd is an investment holding company and is engaged in the manufacturing and marketing of visco-elastic health and wellness products globally. It focuses on the business of manufacture and sale of health and household products including visco-elastic pillows, mattress toppers and mattresses, and polyurethane foam, of which a majority of the revenue is generated from health and household products. Its operating segment consists of the China market, the North American market, Europe and another overseas market, and the majority of the revenue comes from the China market. Its own brands are Sinomax, Dream Serenity and others.
50GF Score

Get the complete analysis for HKSE:01418

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

HK$0.16
Price
HK$0.24
GF Value