Zhongmiao Holdings (Qingdao) Co (HKSE:01471) Days Payable: 35.60 (As of Dec. 2025) — 39% Below Median

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HKSE:01471 Zhongmiao Holdings (Qingdao) Co Ltd HKSE:01471
20 GF Score
Price HK$8.16
! 3 Warning Signs
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What is Zhongmiao Holdings (Qingdao) Co Days Payable?

Zhongmiao Holdings (Qingdao) Co HKSE:01471 +0.06% 20 Days Payable is 35.60 as of Dec. 2025, which is 39% below its 10-year median of 58.70. GuruFocus rates HKSE:01471 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 54 Insurance companies, Zhongmiao Holdings (Qingdao) Co ranks worse than 61.11% on this metric.

Zhongmiao Holdings (Qingdao) Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$18.5 Mil. Zhongmiao Holdings (Qingdao) Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$94.7 Mil. Hence, Zhongmiao Holdings (Qingdao) Co's Days Payable for the six months ended in Dec. 2025 was 35.60.

The historical rank and industry rank for Zhongmiao Holdings (Qingdao) Co's Days Payable or its related term are showing as below:

HKSE:01471' s Days Payable Range Over the Past 10 Years
Min: 38.28   Med: 58.7   Max: 78.25
Current: 38.28

During the past 5 years, Zhongmiao Holdings (Qingdao) Co's highest Days Payable was 78.25. The lowest was 38.28. And the median was 58.70.

HKSE:01471's Days Payable is ranked worse than
61.11% of 54 companies
in the Insurance industry
Industry Median: 54.365 vs HKSE:01471: 38.28

Zhongmiao Holdings (Qingdao) Co's Days Payable increased from Dec. 2024 (33.91) to Dec. 2025 (35.60). It may suggest that Zhongmiao Holdings (Qingdao) Co delayed paying its suppliers.


Zhongmiao Holdings (Qingdao) Co Days Payable Related Terms


Zhongmiao Holdings (Qingdao) Co Days Payable Historical Data

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The historical data trend for Zhongmiao Holdings (Qingdao) Co'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.

Zhongmiao Holdings (Qingdao) Co Days Payable Chart

Zhongmiao Holdings (Qingdao) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
76.59 78.25 58.70 43.17 38.88

Zhongmiao Holdings (Qingdao) Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 45.31 45.08 33.91 40.67 35.60

HKSE:01471 vs MRSH, AON, AJG: Days Payable Comparison

For the Insurance Brokers subindustry, Zhongmiao Holdings (Qingdao) Co'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.


Zhongmiao Holdings (Qingdao) Co Days Payable vs Insurance Industry

For the Insurance industry and Financial Services sector, Zhongmiao Holdings (Qingdao) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhongmiao Holdings (Qingdao) Co's Days Payable falls into.


HKSE:01471
20GF Score
Zhongmiao Holdings (Qingdao) Co Ltd HKSE:01471
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongmiao Holdings (Qingdao) Co 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.

Zhongmiao Holdings (Qingdao) Co'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
=( (17.434 + 19.558) / 2 ) / 173.635*365
=18.496 / 173.635*365
=38.88

Zhongmiao Holdings (Qingdao) Co'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
=( (17.379 + 19.558) / 2 ) / 94.683*365 / 2
=18.4685 / 94.683*365 / 2
=35.60

* 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 35.60 mean?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a Days Payable of 35.60 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 Zhongmiao Holdings (Qingdao) Co and its competitors. This is 39% below median its historical median of 58.70. Over the past decade, Zhongmiao Holdings (Qingdao) Co's Days Payable has ranged from 38.28 to 78.25. According to the industry distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #33 out of 54 companies in the Insurance industry, placing it in the top 61.1%.
Is Zhongmiao Holdings (Qingdao) Co's Days Payable too high?
Zhongmiao Holdings (Qingdao) Co's current Days Payable of 35.60 is 39% below median its 10-year median of 58.70. Over the past 10 years, this metric has ranged from a low of 38.28 to a high of 78.25. The Insurance industry median Days Payable is 54.37. Zhongmiao Holdings (Qingdao) Co's value of 35.60 is 34.5% below this industry median. Based on the distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #33 out of 54 companies in the Insurance industry, which is below the industry midpoint. Overall, Zhongmiao Holdings (Qingdao) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhongmiao Holdings (Qingdao) Co's Days Payable compare to MRSH and AON?
According to the Insurance industry distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #33 out of 54 companies for Days Payable. This places Zhongmiao Holdings (Qingdao) Co in the lower half of its industry. The industry median Days Payable is 54.37. Zhongmiao Holdings (Qingdao) Co's value of 35.60 is 34.5% below this benchmark. Historically, Zhongmiao Holdings (Qingdao) Co's own Days Payable has ranged from 38.28 to 78.25 over the past decade. While the company's 10-year median is 58.70 vs. the industry median of 54.37, Zhongmiao Holdings (Qingdao) Co 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 an Insurance company?
The median Days Payable among Insurance companies is 54.37, based on 54 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. Zhongmiao Holdings (Qingdao) Co's current Days Payable of 35.60 is 34.5% 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 Zhongmiao Holdings (Qingdao) Co and its competitors. For the Insurance industry, the median Days Payable is 54.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmiao Holdings (Qingdao) Co's current Days Payable is 35.60, which is 39% below median its own 10-year median of 58.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmiao Holdings (Qingdao) Co stock overvalued right now?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a current Days Payable of 35.60. The current Days Payable is 35.60, which is 39% below median its 10-year median of 58.70 and 34.5% below the Insurance industry median of 54.37. Zhongmiao Holdings (Qingdao) Co's overall GF Score™ is 20/100 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 Zhongmiao Holdings (Qingdao) Co (HKSE:01471), the current Days Payable is 35.60 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.

Zhongmiao Holdings (Qingdao) Co Business Description

Address No. 1, Haier Road, Laoshan District, Shandong, Qingdao, CHN
Zhongmiao Holdings (Qingdao) Co Ltd is principally engaged in providing insurance agency services, insurance technology services and banking technology services in the PRC. The Company is mainly engaged in the provision of insurance technology services. Its insurance products include property insurance products, life and health insurance products, accident insurance products, and automobile insurance products. The Group operates through insurance agency services, insurance technology services and banking technology services segments, with insurance agency services generating maximum revenue.
20GF Score

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HK$8.16
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