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.
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.
Star Shine Holdings GroupHKSE:01440 +22.83%75 Days Payable is 86.03 as of Dec. 2025, which is 56% above its 10-year median of 55.16. GuruFocus rates HKSE:01440 with a GF Score™ of 75/100 and a GF Value™ of HK$7.22 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Star Shine Holdings Group ranks better than 73.31% on this metric.
The historical rank and industry rank for Star Shine Holdings Group's Days Payable or its related term are showing as below:
HKSE:01440'
s Days Payable Range Over the Past 10 Years
Min: 35 Med: 55.16 Max: 90.49
Current: 90.49
During the past 9 years, Star Shine Holdings Group's highest Days Payable was 90.49. The lowest was 35.00. And the median was 55.16.
HKSE:01440's Days Payable is ranked better than 73.31% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.29
vs HKSE:01440: 90.49
* 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:01440 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Star Shine Holdings 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.
Star Shine Holdings Group Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Star Shine Holdings Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Star Shine Holdings Group's Days Payable falls into.
Star Shine Holdings 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.
Star Shine Holdings Group's Days Payable for the fiscal year that ended in Dec. 2025 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.
Star Shine Holdings Group (HKSE:01440) has a Days Payable of 86.03 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 Star Shine Holdings Group and its competitors. This is 56% above median its historical median of 55.16. Over the past decade, Star Shine Holdings Group's Days Payable has ranged from 35.00 to 90.49. According to the industry distribution chart, Star Shine Holdings Group ranks #273 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.7%.
Is Star Shine Holdings Group's Days Payable too high?
Star Shine Holdings Group's current Days Payable of 86.03 is 56% above median its 10-year median of 55.16. Over the past 10 years, this metric has ranged from a low of 35.00 to a high of 90.49. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.29. Star Shine Holdings Group's value of 86.03 is 61.4% above this industry median. Based on the distribution chart, Star Shine Holdings Group ranks #273 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Star Shine Holdings Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Shine Holdings Group's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Star Shine Holdings Group ranks #273 out of 1023 companies for Days Payable. This puts Star Shine Holdings Group in the upper half of its industry. The industry median Days Payable is 53.29. Star Shine Holdings Group's value of 86.03 is 61.4% above this benchmark. Historically, Star Shine Holdings Group's own Days Payable has ranged from 35.00 to 90.49 over the past decade. While the company's 10-year median is 55.16 vs. the industry median of 53.29, Star Shine Holdings Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.29, based on 1,023 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. Star Shine Holdings Group's current Days Payable of 86.03 is 61.4% 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 Star Shine Holdings Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Shine Holdings Group's current Days Payable is 86.03, which is 56% above median its own 10-year median of 55.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Shine Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Star Shine Holdings Group (HKSE:01440) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$7.22, compared to a current price of HK$14.04 — trading 94.5% above its estimated fair value. The current Days Payable is 86.03, which is 56% above median its 10-year median of 55.16 and 61.4% above the Manufacturing - Apparel & Accessories industry median of 53.29. Star Shine Holdings Group's overall GF Score™ is 75/100 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 Star Shine Holdings Group (HKSE:01440), the current Days Payable is 86.03 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 Star Shine Holdings Group (HKSE:01440) Overvalued in 2026?
Based on GuruFocus' analysis, Star Shine Holdings Group stock appears to be overvalued.
The current stock price of HK$14.04 is trading 94.5% above its estimated GF Value™ of HK$7.22.
GuruFocus considers Star Shine Holdings Group to be Significantly Overvalued.
Key valuation signals for HKSE:01440:
Days Payable: 86.03 (56% above median its 10-year median of 55.16)
GF Value™: HK$7.22 vs. price of HK$14.04 (94.5% above fair value)
Industry Position: 61.4% above the Manufacturing - Apparel & Accessories median (#273 of 1023)
No single metric tells the full story. See the HKSE:01440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Shine Holdings Group Ltd is a long-established lace manufacturer and dyeing service provider. The Group operates through three reportable segments: Lace and Dyeing principally engaged in the manufacturing of lace and provision of dyeing services based on customers orders for lingerie, lace and swimwear fabrics; Footwear principally engaged in design, research and development, sourcing, merchandising, quality control and sales of casual and sports footwear; and IP Merchandise principally engaged in the design, manufacturing, promotion and sale of a diverse multiple products collaborating with international and reputable IP partners, with Footwear generating maximum revenue. Geographically, the Group operates in Hong Kong and the Chinese Mainland.
75GF Score
Get the complete analysis for HKSE:01440
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01440 has been successfully added to your 
