Fourace Industries Group Holdings (HKSE:01455) Days Payable: 62.65 (As of Mar. 2026) — 12% Above Median

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HKSE:01455 Fourace Industries Group Holdings Ltd HKSE:01455
50 GF Score
Price HK$0.24
GF Value HK$0.10
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Fourace Industries Group Holdings Days Payable?

Fourace Industries Group Holdings HKSE:01455 +1.29% 50 Days Payable is 62.65 as of Mar. 2026, which is 12% above its 10-year median of 55.91. GuruFocus rates HKSE:01455 with a GF Score™ of 50/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Fourace Industries Group Holdings ranks better than 66.47% on this metric.

Fourace Industries Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$22.1 Mil. Fourace Industries Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$64.4 Mil. Hence, Fourace Industries Group Holdings's Days Payable for the six months ended in Mar. 2026 was 62.65.

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

HKSE:01455' s Days Payable Range Over the Past 10 Years
Min: 44.41   Med: 55.91   Max: 88.73
Current: 61.56

During the past 9 years, Fourace Industries Group Holdings's highest Days Payable was 88.73. The lowest was 44.41. And the median was 55.91.

HKSE:01455's Days Payable is ranked better than
66.47% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs HKSE:01455: 61.56

Fourace Industries Group Holdings's Days Payable increased from Mar. 2025 (58.48) to Mar. 2026 (62.65). It may suggest that Fourace Industries Group Holdings delayed paying its suppliers.


Fourace Industries Group Holdings Days Payable Related Terms


Fourace Industries Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Fourace Industries 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.

Fourace Industries Group Holdings Days Payable Chart

Fourace Industries Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 58.61 67.02 53.77 44.41 49.60

Fourace Industries Group Holdings Semi-Annual Data
Mar18 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 60.72 51.18 58.48 72.88 62.65

HKSE:01455 vs PG, CL, KVUE: Days Payable Comparison

For the Household & Personal Products subindustry, Fourace Industries 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.


Fourace Industries Group Holdings Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fourace Industries Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:01455
50GF Score
Fourace Industries Group Holdings Ltd HKSE:01455
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fourace Industries 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.

Fourace Industries 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
=( (18.161 + 15.357) / 2 ) / 123.317*365
=16.759 / 123.317*365
=49.60

Fourace Industries 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
=( (28.877 + 15.357) / 2 ) / 64.423*365 / 2
=22.117 / 64.423*365 / 2
=62.65

* 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 62.65 mean?
Fourace Industries Group Holdings (HKSE:01455) has a Days Payable of 62.65 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 Fourace Industries Group Holdings and its competitors. This is 12% above median its historical median of 55.91. Over the past decade, Fourace Industries Group Holdings' Days Payable has ranged from 44.41 to 88.73. According to the industry distribution chart, Fourace Industries Group Holdings ranks #635 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 33.5%.
Is Fourace Industries Group Holdings' Days Payable too high?
Fourace Industries Group Holdings' current Days Payable of 62.65 is 12% above median its 10-year median of 55.91. Over the past 10 years, this metric has ranged from a low of 44.41 to a high of 88.73. The Consumer Packaged Goods industry median Days Payable is 44.15. Fourace Industries Group Holdings' value of 62.65 is 41.9% above this industry median. Based on the distribution chart, Fourace Industries Group Holdings ranks #635 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Fourace Industries Group Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fourace Industries Group Holdings' Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Fourace Industries Group Holdings ranks #635 out of 1894 companies for Days Payable. This puts Fourace Industries Group Holdings in the upper half of its industry. The industry median Days Payable is 44.15. Fourace Industries Group Holdings' value of 62.65 is 41.9% above this benchmark. Historically, Fourace Industries Group Holdings' own Days Payable has ranged from 44.41 to 88.73 over the past decade. While the company's 10-year median is 55.91 vs. the industry median of 44.15, Fourace Industries Group 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 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. Fourace Industries Group Holdings's current Days Payable of 62.65 is 41.9% 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 Fourace Industries Group Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fourace Industries Group Holdings's current Days Payable is 62.65, which is 12% above median its own 10-year median of 55.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fourace Industries Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fourace Industries Group Holdings (HKSE:01455) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.24 — trading 135% above its estimated fair value. The current Days Payable is 62.65, which is 12% above median its 10-year median of 55.91 and 41.9% above the Consumer Packaged Goods industry median of 44.15. Fourace Industries Group Holdings' overall GF Score™ is 50/100 with 9 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 Fourace Industries Group Holdings (HKSE:01455), the current Days Payable is 62.65 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 Fourace Industries Group Holdings (HKSE:01455) Overvalued in 2026?

Based on GuruFocus' analysis, Fourace Industries Group Holdings stock appears to be overvalued. The current stock price of HK$0.24 is trading 135% above its estimated GF Value™ of HK$0.10. GuruFocus considers Fourace Industries Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01455:

  • Days Payable: 62.65 (12% above median its 10-year median of 55.91)
  • GF Value™: HK$0.10 vs. price of HK$0.24 (135% above fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 41.9% above the Consumer Packaged Goods median (#635 of 1894)

No single metric tells the full story. See the HKSE:01455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fourace Industries Group Holdings Business Description

Address 21-33 Tai Lin Pai Road, Unit 1307, Vanta Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Fourace Industries Group Holdings Ltd is engaged in the design, development, manufacturing, and trading of personal care and lifestyle electrical appliances on an ODM basis. The company's product portfolio offers a wide range of personal care electrical appliances, which can be broadly classified into three categories, namely, hair styling series, grooming series, and beauty care series. Geographically, the customers of the company are mainly international brand owners with products marketed mainly in the U.S., Japan, Europe, and other countries. The company earns the majority of its revenue from Japan.
50GF Score

Get the complete analysis for HKSE:01455

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

HK$0.24
Price
HK$0.10
GF Value