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What is Minshang Creative Technology Holdings Days Payable?
Minshang Creative Technology HoldingsHKSE:01632 Days Payable is 371.31 as of Sep. 2025, which is 964% above its 10-year median of 34.91. The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Minshang Creative Technology Holdings ranks better than 96.68% on this metric.
* 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.
Minshang Creative Technology Holdings Days Payable Chart
HKSE:01632 vs SNX, ARW, AVT: Days Payable Comparison
For the Electronics & Computer Distribution subindustry, Minshang Creative Technology 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.
Minshang Creative Technology Holdings Days Payable vs Hardware Industry
Minshang Creative Technology 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.
Minshang Creative Technology Holdings (HKSE:01632) has a Days Payable of 371.31 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Minshang Creative Technology Holdings and its competitors. This is 964% above median its historical median of 34.91. Over the past decade, Minshang Creative Technology Holdings' Days Payable has ranged from 3.43 to 612.17. According to the industry distribution chart, Minshang Creative Technology Holdings ranks #81 out of 2440 companies in the Hardware industry, placing it in the top 3.3%.
Is Minshang Creative Technology Holdings' Days Payable too high?
Minshang Creative Technology Holdings' current Days Payable of 371.31 is 964% above median its 10-year median of 34.91. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 612.17. The Hardware industry median Days Payable is 69.55. Minshang Creative Technology Holdings' value of 371.31 is 433.9% above this industry median. Based on the distribution chart, Minshang Creative Technology Holdings ranks #81 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Minshang Creative Technology Holdings' Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Minshang Creative Technology Holdings ranks #81 out of 2440 companies for Days Payable. This places Minshang Creative Technology Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.55. Minshang Creative Technology Holdings' value of 371.31 is 433.9% above this benchmark. Historically, Minshang Creative Technology Holdings' own Days Payable has ranged from 3.43 to 612.17 over the past decade. While the company's 10-year median is 34.91 vs. the industry median of 69.55, Minshang Creative Technology 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 Hardware company?
The median Days Payable among Hardware companies is 69.55, based on 2,440 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. Minshang Creative Technology Holdings's current Days Payable of 371.31 is 433.9% 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 Minshang Creative Technology Holdings and its competitors. For the Hardware industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minshang Creative Technology Holdings's current Days Payable is 371.31, which is 964% above median its own 10-year median of 34.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minshang Creative Technology Holdings stock overvalued right now?
Minshang Creative Technology Holdings (HKSE:01632) has a current Days Payable of 371.31. The current Days Payable is 371.31, which is 964% above median its 10-year median of 34.91 and 433.9% above the Hardware industry median of 69.55. 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 Minshang Creative Technology Holdings (HKSE:01632), the current Days Payable is 371.31 as of Sep. 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.
Minshang Creative Technology Holdings Ltd is an investment holding company. The company's segment includes: Trading business in the PRC, IT solution business, including provision and design of SaaS system, software customisation services and IT solution services in the PRC, Renewable energy technology business in the PRC. It generates maximum revenue from the Trading business segment. The company has revenue from IT segment. Geographically, it derives a majority of revenue from China, with another operation place in Hong Kong.
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