New Century Healthcare Holdings Co (HKSE:01518) Days Payable: 20.48 (As of Dec. 2025) — 11% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01518 New Century Healthcare Holdings Co Ltd HKSE:01518
41 GF Score
Price HK$0.24
GF Value HK$0.57
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is New Century Healthcare Holdings Co Days Payable?

New Century Healthcare Holdings Co HKSE:01518 -21.31% 41 Days Payable is 20.48 as of Dec. 2025, which is 11% below its 10-year median of 22.97. GuruFocus rates HKSE:01518 with a GF Score™ of 41/100 and a GF Value™ of HK$0.57 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 608 Healthcare Providers & Services companies, New Century Healthcare Holdings Co ranks worse than 81.25% on this metric.

New Century Healthcare Holdings Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$26.0 Mil. New Century Healthcare Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$231.3 Mil. Hence, New Century Healthcare Holdings Co's Days Payable for the six months ended in Dec. 2025 was 20.48.

The historical rank and industry rank for New Century Healthcare Holdings Co's Days Payable or its related term are showing as below:

HKSE:01518' s Days Payable Range Over the Past 10 Years
Min: 19.72   Med: 22.97   Max: 29.37
Current: 21.89

During the past 13 years, New Century Healthcare Holdings Co's highest Days Payable was 29.37. The lowest was 19.72. And the median was 22.97.

HKSE:01518's Days Payable is ranked worse than
81.25% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 57.74 vs HKSE:01518: 21.89

New Century Healthcare Holdings Co's Days Payable declined from Dec. 2024 (22.83) to Dec. 2025 (20.48). It may suggest that New Century Healthcare Holdings Co accelerated paying its suppliers.


New Century Healthcare Holdings Co Days Payable Related Terms


New Century Healthcare Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for New Century Healthcare Holdings 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.

New Century Healthcare Holdings Co Days Payable Chart

New Century Healthcare Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.98 29.37 28.29 26.13 23.01

New Century Healthcare Holdings Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 26.10 27.67 22.83 22.03 20.48

HKSE:01518 vs HCA, THC, DVA: Days Payable Comparison

For the Medical Care Facilities subindustry, New Century Healthcare Holdings 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.


New Century Healthcare Holdings Co Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, New Century Healthcare Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where New Century Healthcare Holdings Co's Days Payable falls into.


HKSE:01518
41GF Score
New Century Healthcare Holdings Co Ltd HKSE:01518
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Century Healthcare Holdings 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.

New Century Healthcare Holdings 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
=( (31.94 + 27.149) / 2 ) / 468.644*365
=29.5445 / 468.644*365
=23.01

New Century Healthcare Holdings 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
=( (24.761 + 27.149) / 2 ) / 231.259*365 / 2
=25.955 / 231.259*365 / 2
=20.48

* 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 20.48 mean?
New Century Healthcare Holdings Co (HKSE:01518) has a Days Payable of 20.48 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 New Century Healthcare Holdings Co and its competitors. This is 11% below median its historical median of 22.97. Over the past decade, New Century Healthcare Holdings Co's Days Payable has ranged from 19.72 to 29.37. According to the industry distribution chart, New Century Healthcare Holdings Co ranks #494 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 81.2%.
Is New Century Healthcare Holdings Co's Days Payable too high?
New Century Healthcare Holdings Co's current Days Payable of 20.48 is 11% below median its 10-year median of 22.97. Over the past 10 years, this metric has ranged from a low of 19.72 to a high of 29.37. The Healthcare Providers & Services industry median Days Payable is 57.74. New Century Healthcare Holdings Co's value of 20.48 is 64.5% below this industry median. Based on the distribution chart, New Century Healthcare Holdings Co ranks #494 out of 608 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, New Century Healthcare Holdings Co has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Century Healthcare Holdings Co's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, New Century Healthcare Holdings Co ranks #494 out of 608 companies for Days Payable. This places New Century Healthcare Holdings Co in the lower half of its industry. The industry median Days Payable is 57.74. New Century Healthcare Holdings Co's value of 20.48 is 64.5% below this benchmark. Historically, New Century Healthcare Holdings Co's own Days Payable has ranged from 19.72 to 29.37 over the past decade. While the company's 10-year median is 22.97 vs. the industry median of 57.74, New Century Healthcare Holdings 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 a Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.74, based on 608 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. New Century Healthcare Holdings Co's current Days Payable of 20.48 is 64.5% 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 New Century Healthcare Holdings Co and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Healthcare Holdings Co's current Days Payable is 20.48, which is 11% below median its own 10-year median of 22.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Healthcare Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, New Century Healthcare Holdings Co (HKSE:01518) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.24 — trading 57.9% below its estimated fair value. The current Days Payable is 20.48, which is 11% below median its 10-year median of 22.97 and 64.5% below the Healthcare Providers & Services industry median of 57.74. New Century Healthcare Holdings Co's overall GF Score™ is 41/100 with 2 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 New Century Healthcare Holdings Co (HKSE:01518), the current Days Payable is 20.48 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.

Is New Century Healthcare Holdings Co (HKSE:01518) Overvalued in 2026?

Based on GuruFocus' analysis, New Century Healthcare Holdings Co stock appears to be undervalued. The current stock price of HK$0.24 is trading 57.9% below its estimated GF Value™ of HK$0.57. GuruFocus considers New Century Healthcare Holdings Co to be Possible Value Trap.

Key valuation signals for HKSE:01518:

  • Days Payable: 20.48 (11% below median its 10-year median of 22.97)
  • GF Value™: HK$0.57 vs. price of HK$0.24 (57.9% below fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 64.5% below the Healthcare Providers & Services median (#494 of 608)

No single metric tells the full story. See the HKSE:01518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Century Healthcare Holdings Co Business Description

Address 56 Nanlishi Road, Xicheng District, Beijing, CHN, 100045
New Century Healthcare Holdings Co Ltd is an investment holding company engaged in the healthcare industry. The company specializes in the provision of medical services to women and childre. The segments of the company include Pediatric services, Obstetrics services, Gynecology services, and Others. The group's revenue is mostly derived from activities in the PRC. A majority of income is generated from the Pediatrics segment.
41GF Score

Get the complete analysis for HKSE:01518

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

HK$0.24
Price
HK$0.57
GF Value