Anchorstone Holdings (HKSE:01592) Days Payable: 400.48 (As of Dec. 2025) — 215% Above Median

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HKSE:01592 Anchorstone Holdings Ltd HKSE:01592
35 GF Score
Price HK$0.19
GF Value HK$0.14
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Anchorstone Holdings Days Payable?

Anchorstone Holdings HKSE:01592 +10.23% 35 Days Payable is 400.48 as of Dec. 2025, which is 215% above its 10-year median of 127.27. GuruFocus rates HKSE:01592 with a GF Score™ of 35/100 and a GF Value™ of HK$0.14 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,721 Construction companies, Anchorstone Holdings ranks better than 91.11% on this metric.

Anchorstone Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$41.49 Mil. Anchorstone Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$18.91 Mil. Hence, Anchorstone Holdings's Days Payable for the six months ended in Dec. 2025 was 400.48.

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

HKSE:01592' s Days Payable Range Over the Past 10 Years
Min: 23.92   Med: 127.27   Max: 394.26
Current: 364.35

During the past 11 years, Anchorstone Holdings's highest Days Payable was 394.26. The lowest was 23.92. And the median was 127.27.

HKSE:01592's Days Payable is ranked better than
91.11% of 1721 companies
in the Construction industry
Industry Median: 76.51 vs HKSE:01592: 364.35

Anchorstone Holdings's Days Payable increased from Dec. 2024 (297.19) to Dec. 2025 (400.48). It may suggest that Anchorstone Holdings delayed paying its suppliers.


Anchorstone Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Anchorstone 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.

Anchorstone Holdings Days Payable Chart

Anchorstone Holdings 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 161.11 160.48 301.10 394.26 306.39

Anchorstone Holdings Semi-Annual Data
Dec15 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 230.25 540.04 297.19 387.99 400.48

HKSE:01592 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Anchorstone 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.


Anchorstone Holdings Days Payable vs Construction Industry

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

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


HKSE:01592
35GF Score
Anchorstone Holdings Ltd HKSE:01592
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anchorstone 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.

Anchorstone Holdings'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
=( (49.633 + 24.711) / 2 ) / 44.282*365
=37.172 / 44.282*365
=306.39

Anchorstone Holdings'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
=( (58.265 + 24.711) / 2 ) / 18.906*365 / 2
=41.488 / 18.906*365 / 2
=400.48

* 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 400.48 mean?
Anchorstone Holdings (HKSE:01592) has a Days Payable of 400.48 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 Anchorstone Holdings and its competitors. This is 215% above median its historical median of 127.27. Over the past decade, Anchorstone Holdings' Days Payable has ranged from 23.92 to 394.26. According to the industry distribution chart, Anchorstone Holdings ranks #153 out of 1721 companies in the Construction industry, placing it in the top 8.9%.
Is Anchorstone Holdings' Days Payable too high?
Anchorstone Holdings' current Days Payable of 400.48 is 215% above median its 10-year median of 127.27. Over the past 10 years, this metric has ranged from a low of 23.92 to a high of 394.26. The Construction industry median Days Payable is 76.51. Anchorstone Holdings' value of 400.48 is 423.4% above this industry median. Based on the distribution chart, Anchorstone Holdings ranks #153 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Anchorstone Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anchorstone Holdings' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Anchorstone Holdings ranks #153 out of 1721 companies for Days Payable. This places Anchorstone Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.51. Anchorstone Holdings' value of 400.48 is 423.4% above this benchmark. Historically, Anchorstone Holdings' own Days Payable has ranged from 23.92 to 394.26 over the past decade. While the company's 10-year median is 127.27 vs. the industry median of 76.51, Anchorstone 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 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. Anchorstone Holdings's current Days Payable of 400.48 is 423.4% 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 Anchorstone 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. Anchorstone Holdings's current Days Payable is 400.48, which is 215% above median its own 10-year median of 127.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anchorstone Holdings stock overvalued right now?
Based on GuruFocus' analysis, Anchorstone Holdings (HKSE:01592) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.19 — trading 38.6% above its estimated fair value. The current Days Payable is 400.48, which is 215% above median its 10-year median of 127.27 and 423.4% above the Construction industry median of 76.51. Anchorstone Holdings' overall GF Score™ is 35/100 with 7 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 Anchorstone Holdings (HKSE:01592), the current Days Payable is 400.48 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 Anchorstone Holdings (HKSE:01592) Overvalued in 2026?

Based on GuruFocus' analysis, Anchorstone Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 38.6% above its estimated GF Value™ of HK$0.14. GuruFocus considers Anchorstone Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01592:

  • Days Payable: 400.48 (215% above median its 10-year median of 127.27)
  • GF Value™: HK$0.14 vs. price of HK$0.19 (38.6% above fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 423.4% above the Construction median (#153 of 1721)

No single metric tells the full story. See the HKSE:01592 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anchorstone Holdings Business Description

Address No. 3 On Yiu Street, Unit 1501 - 1502, 15th floor, Delta House, Shatin New Territories, Hong Kong, HKG
Anchorstone Holdings Ltd supplies marble and granite and provide relevant installation services for construction projects in Hong Kong, Macau and the Mainland. Marble and granite supplied by the group are used in a variety of decorative settings for areas such as entrance lobbies, kitchens and bathrooms as well as external cladding of buildings and landscape. Geographically, it operates in Hong Kong, The PRC, and Macau, with majority of revenue deriving from Hong Kong. It generates revenue from stone sales and the supply and installation of marble product in the PRC.
35GF Score

Get the complete analysis for HKSE:01592

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

HK$0.19
Price
HK$0.14
GF Value