Fulum Group Holdings (HKSE:01443) Days Payable: 33.48 (As of Mar. 2026) — 63% Above Median

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What is Fulum Group Holdings Days Payable?

Fulum Group Holdings HKSE:01443 Days Payable is 33.48 as of Mar. 2026, which is 63% above its 10-year median of 20.54. The stock has 4 warning signs investors should review. Among 353 Restaurants companies, Fulum Group Holdings ranks worse than 51.27% on this metric.

Fulum Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$81 Mil. Fulum Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$439 Mil. Hence, Fulum Group Holdings's Days Payable for the six months ended in Mar. 2026 was 33.48.

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

HKSE:01443' s Days Payable Range Over the Past 10 Years
Min: 16.56   Med: 20.54   Max: 37.84
Current: 34.43

During the past 13 years, Fulum Group Holdings's highest Days Payable was 37.84. The lowest was 16.56. And the median was 20.54.

HKSE:01443's Days Payable is ranked worse than
51.27% of 353 companies
in the Restaurants industry
Industry Median: 35.42 vs HKSE:01443: 34.43

Fulum Group Holdings's Days Payable increased from Mar. 2025 (28.64) to Mar. 2026 (33.48). It may suggest that Fulum Group Holdings delayed paying its suppliers.


Fulum Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Fulum Group 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.

Fulum Group Holdings Days Payable Chart

Fulum Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.18 21.37 18.86 23.89 34.03

Fulum Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.37 22.39 28.64 35.80 33.48

HKSE:01443 vs MCD, SBUX, YUM: Days Payable Comparison

For the Restaurants subindustry, Fulum Group 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.


Fulum Group Holdings Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fulum Group Holdings's Days Payable distribution charts can be found below:

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



Fulum Group 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.

Fulum Group 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
=( (87.017 + 76.561) / 2 ) / 877.14*365
=81.789 / 877.14*365
=34.03

Fulum Group 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
=( (84.674 + 76.561) / 2 ) / 439.461*365 / 2
=80.6175 / 439.461*365 / 2
=33.48

* 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 33.48 mean?
Fulum Group Holdings (HKSE:01443) has a Days Payable of 33.48 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 Fulum Group Holdings and its competitors. This is 63% above median its historical median of 20.54. Over the past decade, Fulum Group Holdings' Days Payable has ranged from 16.56 to 37.84. According to the industry distribution chart, Fulum Group Holdings ranks #181 out of 353 companies in the Restaurants industry, placing it in the top 51.3%.
Is Fulum Group Holdings' Days Payable too high?
Fulum Group Holdings' current Days Payable of 33.48 is 63% above median its 10-year median of 20.54. Over the past 10 years, this metric has ranged from a low of 16.56 to a high of 37.84. The Restaurants industry median Days Payable is 35.42. Fulum Group Holdings' value of 33.48 is 5.5% below this industry median. Based on the distribution chart, Fulum Group Holdings ranks #181 out of 353 companies in the Restaurants industry, which is below the industry midpoint.
How does Fulum Group Holdings' Days Payable compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Fulum Group Holdings ranks #181 out of 353 companies for Days Payable. This places Fulum Group Holdings in the lower half of its industry. The industry median Days Payable is 35.42. Fulum Group Holdings' value of 33.48 is 5.5% below this benchmark. Historically, Fulum Group Holdings' own Days Payable has ranged from 16.56 to 37.84 over the past decade. While the company's 10-year median is 20.54 vs. the industry median of 35.42, Fulum Group Holdings 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 Restaurants company?
The median Days Payable among Restaurants companies is 35.42, based on 353 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. Fulum Group Holdings's current Days Payable of 33.48 is 5.5% 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 Fulum Group Holdings and its competitors. For the Restaurants industry, the median Days Payable is 35.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulum Group Holdings's current Days Payable is 33.48, which is 63% above median its own 10-year median of 20.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulum Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fulum Group Holdings (HKSE:01443) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.05 — trading 65% below its estimated fair value. The current Days Payable is 33.48, which is 63% above median its 10-year median of 20.54 and 5.5% below the Restaurants industry median of 35.42. 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 Fulum Group Holdings (HKSE:01443), the current Days Payable is 33.48 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.

Fulum Group Holdings Business Description

Address 38 Wai Yip Street, 26th Floor, Capital Tower, Kowloon Bay, Hong Kong, HKG
Fulum Group Holdings Ltd is an investment holding company. The company is principally engaged in restaurant operations in Hong Kong and Mainland China. It is also involved in the production, sale, and distribution of food products related to restaurant operations. Geographically, the company generates revenue from Hong Kong and PRC, it derives a majority of its revenue from Hong Kong.