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What is China Partytime Culture Holdings Days Payable?
China Partytime Culture HoldingsHKSE:01532 -4.00%37 Days Payable is 69.09 as of Dec. 2025, which is 229% above its 10-year median of 21.03. GuruFocus rates HKSE:01532 with a GF Score™ of 37/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, China Partytime Culture Holdings ranks worse than 57.56% on this metric.
The historical rank and industry rank for China Partytime Culture Holdings's Days Payable or its related term are showing as below:
HKSE:01532'
s Days Payable Range Over the Past 10 Years
Min: 9.49 Med: 21.03 Max: 45.31
Current: 45.31
During the past 13 years, China Partytime Culture Holdings's highest Days Payable was 45.31. The lowest was 9.49. And the median was 21.03.
HKSE:01532's Days Payable is ranked worse than 57.56% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.91
vs HKSE:01532: 45.31
* 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.
China Partytime Culture Holdings Days Payable Chart
HKSE:01532 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, China Partytime Culture 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.
China Partytime Culture Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Partytime Culture Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where China Partytime Culture Holdings's Days Payable falls into.
China Partytime Culture 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.
* 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.
China Partytime Culture Holdings (HKSE:01532) has a Days Payable of 69.09 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 China Partytime Culture Holdings and its competitors. This is 229% above median its historical median of 21.03. Over the past decade, China Partytime Culture Holdings' Days Payable has ranged from 9.49 to 45.31. According to the industry distribution chart, China Partytime Culture Holdings ranks #586 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.6%.
Is China Partytime Culture Holdings' Days Payable too high?
China Partytime Culture Holdings' current Days Payable of 69.09 is 229% above median its 10-year median of 21.03. Over the past 10 years, this metric has ranged from a low of 9.49 to a high of 45.31. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.91. China Partytime Culture Holdings' value of 69.09 is 28.2% above this industry median. Based on the distribution chart, China Partytime Culture Holdings ranks #586 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, China Partytime Culture Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Partytime Culture Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Partytime Culture Holdings ranks #586 out of 1018 companies for Days Payable. This places China Partytime Culture Holdings in the lower half of its industry. The industry median Days Payable is 53.91. China Partytime Culture Holdings' value of 69.09 is 28.2% above this benchmark. Historically, China Partytime Culture Holdings' own Days Payable has ranged from 9.49 to 45.31 over the past decade. While the company's 10-year median is 21.03 vs. the industry median of 53.91, China Partytime Culture 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.91, based on 1,018 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. China Partytime Culture Holdings's current Days Payable of 69.09 is 28.2% 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 China Partytime Culture Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Partytime Culture Holdings's current Days Payable is 69.09, which is 229% above median its own 10-year median of 21.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Partytime Culture Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Partytime Culture Holdings (HKSE:01532) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.14 — trading 260% above its estimated fair value. The current Days Payable is 69.09, which is 229% above median its 10-year median of 21.03 and 28.2% above the Manufacturing - Apparel & Accessories industry median of 53.91. China Partytime Culture Holdings' overall GF Score™ is 37/100 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 China Partytime Culture Holdings (HKSE:01532), the current Days Payable is 69.09 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 China Partytime Culture Holdings (HKSE:01532) Overvalued in 2026?
Based on GuruFocus' analysis, China Partytime Culture Holdings stock appears to be overvalued.
The current stock price of HK$0.14 is trading 260% above its estimated GF Value™ of HK$0.04.
GuruFocus considers China Partytime Culture Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01532:
Days Payable: 69.09 (229% above median its 10-year median of 21.03)
GF Value™: HK$0.04 vs. price of HK$0.14 (260% above fair value)
Industry Position: 28.2% above the Manufacturing - Apparel & Accessories median (#586 of 1018)
No single metric tells the full story. See the HKSE:01532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Partytime Culture Holdings Ltd is an investment company. It is engaged in the design, development, production, selling, and marketing of cosplay products (including cosplay costumes and cosplay wigs) and non-cosplay apparel, which includes mainly sexy lingerie, fabric care, personal hygiene and home care products, and leasing of factory premises. The operating segments of the group are Wigs; Clothing and others; Fabric care, personal hygiene and home care products, and the Leasing of factory premises involving self-owned or held under leasehold interest. The group derives revenue from the PRC, the U.S., Germany, the U.K., the Netherlands, Japan, and other countries.
37GF Score
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