SH Group (Holdings) (HKSE:01637) Days Payable: 52.28 (As of Mar. 2026) — Near Median

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HKSE:01637 SH Group (Holdings) Ltd HKSE:01637
49 GF Score
Price HK$0.41
GF Value HK$0.10
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SH Group (Holdings) Days Payable?

SH Group (Holdings) HKSE:01637 49 Days Payable is 52.28 as of Mar. 2026, which is 6% above its 10-year median of 49.32. GuruFocus rates HKSE:01637 with a GF Score™ of 49/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, SH Group (Holdings) ranks worse than 69.06% on this metric.

SH Group (Holdings)'s average Accounts Payable for the six months ended in Mar. 2026 was HK$57.0 Mil. SH Group (Holdings)'s Cost of Goods Sold for the six months ended in Mar. 2026 was HK$199.1 Mil. Hence, SH Group (Holdings)'s Days Payable for the six months ended in Mar. 2026 was 52.28.

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

HKSE:01637' s Days Payable Range Over the Past 10 Years
Min: 27.04   Med: 49.32   Max: 82.28
Current: 51.62

During the past 13 years, SH Group (Holdings)'s highest Days Payable was 82.28. The lowest was 27.04. And the median was 49.32.

HKSE:01637's Days Payable is ranked worse than
69.06% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs HKSE:01637: 51.62

SH Group (Holdings)'s Days Payable declined from Mar. 2025 (55.98) to Mar. 2026 (52.28). It may suggest that SH Group (Holdings) accelerated paying its suppliers.


SH Group (Holdings) Days Payable Historical Data

* Premium members only.

The historical data trend for SH Group (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.

SH Group (Holdings) Days Payable Chart

SH Group (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 52.07 45.54 63.85 82.28 91.18

SH Group (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 54.26 61.55 55.98 67.51 52.28

HKSE:01637 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, SH Group (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.


SH Group (Holdings) Days Payable vs Construction Industry

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

* The bar in red indicates where SH Group (Holdings)'s Days Payable falls into.


HKSE:01637
49GF Score
SH Group (Holdings) Ltd HKSE:01637
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SH Group (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.

SH Group (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
=( (92.959 + 87.361) / 2 ) / 360.907*365
=90.16 / 360.907*365
=91.18

SH Group (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
=( (26.729 + 87.361) / 2 ) / 199.121*365 / 2
=57.045 / 199.121*365 / 2
=52.28

* 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 52.28 mean?
SH Group (Holdings) (HKSE:01637) has a Days Payable of 52.28 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 SH Group (Holdings) and its competitors. This is near median its historical median of 49.32. Over the past decade, SH Group (Holdings)'s Days Payable has ranged from 27.04 to 82.28. According to the industry distribution chart, SH Group (Holdings) ranks #1185 out of 1716 companies in the Construction industry, placing it in the top 69.1%.
Is SH Group (Holdings)'s Days Payable too high?
SH Group (Holdings)'s current Days Payable of 52.28 is near median its 10-year median of 49.32. Over the past 10 years, this metric has ranged from a low of 27.04 to a high of 82.28. The Construction industry median Days Payable is 76.50. SH Group (Holdings)'s value of 52.28 is 31.7% below this industry median. Based on the distribution chart, SH Group (Holdings) ranks #1185 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, SH Group (Holdings) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SH Group (Holdings)'s Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, SH Group (Holdings) ranks #1185 out of 1716 companies for Days Payable. This places SH Group (Holdings) in the lower half of its industry. The industry median Days Payable is 76.50. SH Group (Holdings)'s value of 52.28 is 31.7% below this benchmark. Historically, SH Group (Holdings)'s own Days Payable has ranged from 27.04 to 82.28 over the past decade. While the company's 10-year median is 49.32 vs. the industry median of 76.50, SH Group (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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. SH Group (Holdings)'s current Days Payable of 52.28 is 31.7% 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 SH Group (Holdings) and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SH Group (Holdings)'s current Days Payable is 52.28, which is near median its own 10-year median of 49.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SH Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, SH Group (Holdings) (HKSE:01637) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.41 — trading 305% above its estimated fair value. The current Days Payable is 52.28, which is near median its 10-year median of 49.32 and 31.7% below the Construction industry median of 76.50. SH Group (Holdings)'s overall GF Score™ is 49/100 with 4 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 SH Group (Holdings) (HKSE:01637), the current Days Payable is 52.28 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 SH Group (Holdings) (HKSE:01637) Overvalued in 2026?

Based on GuruFocus' analysis, SH Group (Holdings) stock appears to be overvalued. The current stock price of HK$0.41 is trading 305% above its estimated GF Value™ of HK$0.10. GuruFocus considers SH Group (Holdings) to be Significantly Overvalued.

Key valuation signals for HKSE:01637:

  • Days Payable: 52.28 (near median its 10-year median of 49.32)
  • GF Value™: HK$0.10 vs. price of HK$0.41 (305% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 31.7% below the Construction median (#1185 of 1716)

No single metric tells the full story. See the HKSE:01637 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SH Group (Holdings) Business Description

Address No. 833, Cheung Sha Wan Road, Units 603-606, 6th Floor, Tower I, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG
SH Group (Holdings) Ltd is an investment company. The company is engaged in the provision of electrical and mechanical engineering services. Geographically, the company operates and derives revenue from Hong Kong. Its services include supply, installation, and maintenance of Mechanical Ventilation and Air-conditioning system (MVAC), Low Voltage Electrical system, and other Electrical and Mechanical systems including Fire Services system as well as Plumbing and Drainage system.
49GF Score

Get the complete analysis for HKSE:01637

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

HK$0.41
Price
HK$0.10
GF Value