Hongxing Coldchain (Hunan) Co (HKSE:01641) Days Payable: 4.88 (As of Dec. 2025) — Near Median

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HKSE:01641 Hongxing Coldchain (Hunan) Co Ltd HKSE:01641
19 GF Score
Price HK$4.50
! 2 Warning Signs
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What is Hongxing Coldchain (Hunan) Co Days Payable?

Hongxing Coldchain (Hunan) Co HKSE:01641 -0.99% 19 Days Payable is 4.88 as of Dec. 2025, which is 3% below its 10-year median of 5.03. GuruFocus rates HKSE:01641 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 945 Business Services companies, Hongxing Coldchain (Hunan) Co ranks worse than 92.49% on this metric.

Hongxing Coldchain (Hunan) Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$1.7 Mil. Hongxing Coldchain (Hunan) Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$63.5 Mil. Hence, Hongxing Coldchain (Hunan) Co's Days Payable for the six months ended in Dec. 2025 was 4.88.

The historical rank and industry rank for Hongxing Coldchain (Hunan) Co's Days Payable or its related term are showing as below:

HKSE:01641' s Days Payable Range Over the Past 10 Years
Min: 3.33   Med: 5.03   Max: 5.34
Current: 4.95

During the past 4 years, Hongxing Coldchain (Hunan) Co's highest Days Payable was 5.34. The lowest was 3.33. And the median was 5.03.

HKSE:01641's Days Payable is ranked worse than
92.49% of 945 companies
in the Business Services industry
Industry Median: 45.76 vs HKSE:01641: 4.95

Hongxing Coldchain (Hunan) Co's Days Payable increased from Dec. 2024 (4.77) to Dec. 2025 (4.88). It may suggest that Hongxing Coldchain (Hunan) Co delayed paying its suppliers.


Hongxing Coldchain (Hunan) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hongxing Coldchain (Hunan) 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.

Hongxing Coldchain (Hunan) Co Days Payable Chart

Hongxing Coldchain (Hunan) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
3.33 5.34 4.91 5.14

Hongxing Coldchain (Hunan) Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 5.02 4.77 4.80 4.88

HKSE:01641 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, Hongxing Coldchain (Hunan) 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.


Hongxing Coldchain (Hunan) Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Hongxing Coldchain (Hunan) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hongxing Coldchain (Hunan) Co's Days Payable falls into.


HKSE:01641
19GF Score
Hongxing Coldchain (Hunan) Co Ltd HKSE:01641
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hongxing Coldchain (Hunan) 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.

Hongxing Coldchain (Hunan) 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
=( (1.64 + 1.869) / 2 ) / 124.502*365
=1.7545 / 124.502*365
=5.14

Hongxing Coldchain (Hunan) 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
=( (1.532 + 1.869) / 2 ) / 63.536*365 / 2
=1.7005 / 63.536*365 / 2
=4.88

* 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 4.88 mean?
Hongxing Coldchain (Hunan) Co (HKSE:01641) has a Days Payable of 4.88 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 Hongxing Coldchain (Hunan) Co and its competitors. This is near median its historical median of 5.03. Over the past decade, Hongxing Coldchain (Hunan) Co's Days Payable has ranged from 3.33 to 5.34. According to the industry distribution chart, Hongxing Coldchain (Hunan) Co ranks #874 out of 945 companies in the Business Services industry, placing it in the top 92.5%.
Is Hongxing Coldchain (Hunan) Co's Days Payable too high?
Hongxing Coldchain (Hunan) Co's current Days Payable of 4.88 is near median its 10-year median of 5.03. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 5.34. The Business Services industry median Days Payable is 45.76. Hongxing Coldchain (Hunan) Co's value of 4.88 is 89.3% below this industry median. Based on the distribution chart, Hongxing Coldchain (Hunan) Co ranks #874 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Hongxing Coldchain (Hunan) Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Hongxing Coldchain (Hunan) Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hongxing Coldchain (Hunan) Co ranks #874 out of 945 companies for Days Payable. This places Hongxing Coldchain (Hunan) Co in the lower half of its industry. The industry median Days Payable is 45.76. Hongxing Coldchain (Hunan) Co's value of 4.88 is 89.3% below this benchmark. Historically, Hongxing Coldchain (Hunan) Co's own Days Payable has ranged from 3.33 to 5.34 over the past decade. While the company's 10-year median is 5.03 vs. the industry median of 45.76, Hongxing Coldchain (Hunan) 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 Business Services company?
The median Days Payable among Business Services companies is 45.76, based on 945 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. Hongxing Coldchain (Hunan) Co's current Days Payable of 4.88 is 89.3% 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 Hongxing Coldchain (Hunan) Co and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hongxing Coldchain (Hunan) Co's current Days Payable is 4.88, which is near median its own 10-year median of 5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongxing Coldchain (Hunan) Co stock overvalued right now?
Hongxing Coldchain (Hunan) Co (HKSE:01641) has a current Days Payable of 4.88. The current Days Payable is 4.88, which is near median its 10-year median of 5.03 and 89.3% below the Business Services industry median of 45.76. Hongxing Coldchain (Hunan) Co's overall GF Score™ is 19/100 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 Hongxing Coldchain (Hunan) Co (HKSE:01641), the current Days Payable is 4.88 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.

Hongxing Coldchain (Hunan) Co Business Description

Address No. 21, Section 1 Huanbao East Road, Yuhua District, Hunan Province, Changsha, CHN
Hongxing Coldchain (Hunan) Co Ltd is a frozen food storage services and frozen food space leasing services provider. The company provides frozen food storage capacity, related warehouse management services such as goods sorting, categorization and packaging, inventory counting and tracking, inbound and outbound recording, as well as fire safety and environmental risk management, to frozen food wholesalers and retailers. The majority of the company's revenue is derived from the provision of Frozen food storage services. Geographically, all of the revenue of the Group is derived from operations in Chinese Mainland.
19GF Score

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