AP Rentals Holdings (HKSE:01496) Days Payable: 30.99 (As of Mar. 2026) — 21% Below Median

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HKSE:01496 AP Rentals Holdings Ltd HKSE:01496
38 GF Score
Price HK$0.18
GF Value HK$0.12
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AP Rentals Holdings Days Payable?

AP Rentals Holdings HKSE:01496 38 Days Payable is 30.99 as of Mar. 2026, which is 21% below its 10-year median of 39.26. GuruFocus rates HKSE:01496 with a GF Score™ of 38/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 950 Business Services companies, AP Rentals Holdings ranks worse than 63.58% on this metric.

AP Rentals Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$8.6 Mil. AP Rentals Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$50.5 Mil. Hence, AP Rentals Holdings's Days Payable for the six months ended in Mar. 2026 was 30.99.

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

HKSE:01496' s Days Payable Range Over the Past 10 Years
Min: 11.45   Med: 39.26   Max: 90.47
Current: 29.5

During the past 12 years, AP Rentals Holdings's highest Days Payable was 90.47. The lowest was 11.45. And the median was 39.26.

HKSE:01496's Days Payable is ranked worse than
63.58% of 950 companies
in the Business Services industry
Industry Median: 43.895 vs HKSE:01496: 29.50

AP Rentals Holdings's Days Payable increased from Mar. 2025 (25.08) to Mar. 2026 (30.99). It may suggest that AP Rentals Holdings delayed paying its suppliers.


AP Rentals Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for AP Rentals 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.

AP Rentals Holdings Days Payable Chart

AP Rentals 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 34.83 11.45 14.06 20.44 34.00

AP Rentals 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 21.74 22.02 25.08 23.49 30.99

HKSE:01496 vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, AP Rentals 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.


AP Rentals Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, AP Rentals Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where AP Rentals Holdings's Days Payable falls into.


HKSE:01496
38GF Score
AP Rentals Holdings Ltd HKSE:01496
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AP Rentals 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.

AP Rentals 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
=( (7.293 + 11.494) / 2 ) / 100.835*365
=9.3935 / 100.835*365
=34.00

AP Rentals 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
=( (5.662 + 11.494) / 2 ) / 50.52*365 / 2
=8.578 / 50.52*365 / 2
=30.99

* 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 30.99 mean?
AP Rentals Holdings (HKSE:01496) has a Days Payable of 30.99 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 AP Rentals Holdings and its competitors. This is 21% below median its historical median of 39.26. Over the past decade, AP Rentals Holdings' Days Payable has ranged from 11.45 to 90.47. According to the industry distribution chart, AP Rentals Holdings ranks #604 out of 950 companies in the Business Services industry, placing it in the top 63.6%.
Is AP Rentals Holdings' Days Payable too high?
AP Rentals Holdings' current Days Payable of 30.99 is 21% below median its 10-year median of 39.26. Over the past 10 years, this metric has ranged from a low of 11.45 to a high of 90.47. The Business Services industry median Days Payable is 43.90. AP Rentals Holdings' value of 30.99 is 29.4% below this industry median. Based on the distribution chart, AP Rentals Holdings ranks #604 out of 950 companies in the Business Services industry, which is below the industry midpoint. Overall, AP Rentals Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Rentals Holdings' Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, AP Rentals Holdings ranks #604 out of 950 companies for Days Payable. This places AP Rentals Holdings in the lower half of its industry. The industry median Days Payable is 43.90. AP Rentals Holdings' value of 30.99 is 29.4% below this benchmark. Historically, AP Rentals Holdings' own Days Payable has ranged from 11.45 to 90.47 over the past decade. While the company's 10-year median is 39.26 vs. the industry median of 43.90, AP Rentals 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 Business Services company?
The median Days Payable among Business Services companies is 43.90, based on 950 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. AP Rentals Holdings's current Days Payable of 30.99 is 29.4% 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 AP Rentals Holdings and its competitors. For the Business Services industry, the median Days Payable is 43.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP Rentals Holdings's current Days Payable is 30.99, which is 21% below median its own 10-year median of 39.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Rentals Holdings stock overvalued right now?
Based on GuruFocus' analysis, AP Rentals Holdings (HKSE:01496) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 48.3% above its estimated fair value. The current Days Payable is 30.99, which is 21% below median its 10-year median of 39.26 and 29.4% below the Business Services industry median of 43.90. AP Rentals Holdings' overall GF Score™ is 38/100 with 8 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 AP Rentals Holdings (HKSE:01496), the current Days Payable is 30.99 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 AP Rentals Holdings (HKSE:01496) Overvalued in 2026?

Based on GuruFocus' analysis, AP Rentals Holdings stock appears to be overvalued. The current stock price of HK$0.18 is trading 48.3% above its estimated GF Value™ of HK$0.12. GuruFocus considers AP Rentals Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01496:

  • Days Payable: 30.99 (21% below median its 10-year median of 39.26)
  • GF Value™: HK$0.12 vs. price of HK$0.18 (48.3% above fair value)
  • GF Score™: 38/100 with 8 warning signs
  • Industry Position: 29.4% below the Business Services median (#604 of 950)

No single metric tells the full story. See the HKSE:01496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP Rentals Holdings Business Description

Address No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG
AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.
38GF Score

Get the complete analysis for HKSE:01496

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

HK$0.18
Price
HK$0.12
GF Value