GC Construction Holdings (HKSE:01489) Days Payable: 17.09 (As of Mar. 2026) — 13% Below Median

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HKSE:01489 GC Construction Holdings Ltd HKSE:01489
52 GF Score
Price HK$0.83
GF Value HK$0.21
Valuation Significantly Overvalued
! 6 Warning Signs
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What is GC Construction Holdings Days Payable?

GC Construction Holdings HKSE:01489 +15.28% 52 Days Payable is 17.09 as of Mar. 2026, which is 13% below its 10-year median of 19.62. GuruFocus rates HKSE:01489 with a GF Score™ of 52/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,721 Construction companies, GC Construction Holdings ranks worse than 95.76% on this metric.

GC Construction Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$9.4 Mil. GC Construction Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$100.3 Mil. Hence, GC Construction Holdings's Days Payable for the six months ended in Mar. 2026 was 17.09.

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

HKSE:01489' s Days Payable Range Over the Past 10 Years
Min: 16.97   Med: 19.62   Max: 24.66
Current: 18.71

During the past 8 years, GC Construction Holdings's highest Days Payable was 24.66. The lowest was 16.97. And the median was 19.62.

HKSE:01489's Days Payable is ranked worse than
95.76% of 1721 companies
in the Construction industry
Industry Median: 76.51 vs HKSE:01489: 18.71

GC Construction Holdings's Days Payable increased from Mar. 2025 (11.85) to Mar. 2026 (17.09). It may suggest that GC Construction Holdings delayed paying its suppliers.


GC Construction Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for GC Construction 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.

GC Construction Holdings Days Payable Chart

GC Construction Holdings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 24.66 19.39 18.51 18.55 22.03

GC Construction Holdings Semi-Annual Data
Mar19 Mar20 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 17.30 16.45 11.85 17.02 17.09

HKSE:01489 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, GC Construction 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.


GC Construction Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, GC Construction Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where GC Construction Holdings's Days Payable falls into.


HKSE:01489
52GF Score
GC Construction Holdings Ltd HKSE:01489
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GC Construction 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.

GC Construction 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
=( (20.487 + 10.346) / 2 ) / 255.472*365
=15.4165 / 255.472*365
=22.03

GC Construction 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
=( (8.453 + 10.346) / 2 ) / 100.347*365 / 2
=9.3995 / 100.347*365 / 2
=17.09

* 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 17.09 mean?
GC Construction Holdings (HKSE:01489) has a Days Payable of 17.09 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 GC Construction Holdings and its competitors. This is 13% below median its historical median of 19.62. Over the past decade, GC Construction Holdings' Days Payable has ranged from 16.97 to 24.66. According to the industry distribution chart, GC Construction Holdings ranks #1648 out of 1721 companies in the Construction industry, placing it in the top 95.8%.
Is GC Construction Holdings' Days Payable too high?
GC Construction Holdings' current Days Payable of 17.09 is 13% below median its 10-year median of 19.62. Over the past 10 years, this metric has ranged from a low of 16.97 to a high of 24.66. The Construction industry median Days Payable is 76.51. GC Construction Holdings' value of 17.09 is 77.7% below this industry median. Based on the distribution chart, GC Construction Holdings ranks #1648 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, GC Construction Holdings has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GC Construction Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, GC Construction Holdings ranks #1648 out of 1721 companies for Days Payable. This places GC Construction Holdings in the lower half of its industry. The industry median Days Payable is 76.51. GC Construction Holdings' value of 17.09 is 77.7% below this benchmark. Historically, GC Construction Holdings' own Days Payable has ranged from 16.97 to 24.66 over the past decade. While the company's 10-year median is 19.62 vs. the industry median of 76.51, GC Construction 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 Construction company?
The median Days Payable among Construction companies is 76.51, based on 1,721 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. GC Construction Holdings's current Days Payable of 17.09 is 77.7% 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 GC Construction Holdings and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GC Construction Holdings's current Days Payable is 17.09, which is 13% below median its own 10-year median of 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GC Construction Holdings stock overvalued right now?
Based on GuruFocus' analysis, GC Construction Holdings (HKSE:01489) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.83 — trading 295.2% above its estimated fair value. The current Days Payable is 17.09, which is 13% below median its 10-year median of 19.62 and 77.7% below the Construction industry median of 76.51. GC Construction Holdings' overall GF Score™ is 52/100 with 6 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 GC Construction Holdings (HKSE:01489), the current Days Payable is 17.09 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 GC Construction Holdings (HKSE:01489) Overvalued in 2026?

Based on GuruFocus' analysis, GC Construction Holdings stock appears to be overvalued. The current stock price of HK$0.83 is trading 295.2% above its estimated GF Value™ of HK$0.21. GuruFocus considers GC Construction Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01489:

  • Days Payable: 17.09 (13% below median its 10-year median of 19.62)
  • GF Value™: HK$0.21 vs. price of HK$0.83 (295.2% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 77.7% below the Construction median (#1648 of 1721)

No single metric tells the full story. See the HKSE:01489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GC Construction Holdings Business Description

Address 833 Cheung Sha Wan Road, Unit 909, 9th Floor, Tower 1, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG
GC Construction Holdings Ltd is a wet trades contractor in Hong Kong. The wet trades works performed by the Group mainly included plastering, tile laying, bricklaying, floor screening, and marble works in both public sector projects and private sector projects in Hong Kong. Private sector projects mainly involved private residential developments and commercial developments, and Public sector projects mainly involved public residential developments as well as infrastructure and public facilities developments. It generates the majority of its revenue from Hong Kong.
52GF Score

Get the complete analysis for HKSE:01489

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

HK$0.83
Price
HK$0.21
GF Value