Grandshores Technology Group (HKSE:01647) Days Payable: 34.76 (As of Mar. 2026) — 45% Below Median

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What is Grandshores Technology Group Days Payable?

Grandshores Technology Group HKSE:01647 +6.45% Days Payable is 34.76 as of Mar. 2026, which is 45% below its 10-year median of 63.08. The stock has 3 warning signs investors should review. Among 1,718 Construction companies, Grandshores Technology Group ranks worse than 80.56% on this metric.

Grandshores Technology Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$39.0 Mil. Grandshores Technology Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$204.5 Mil. Hence, Grandshores Technology Group's Days Payable for the six months ended in Mar. 2026 was 34.76.

The historical rank and industry rank for Grandshores Technology Group's Days Payable or its related term are showing as below:

HKSE:01647' s Days Payable Range Over the Past 10 Years
Min: 38.07   Med: 63.08   Max: 83.65
Current: 38.33

During the past 13 years, Grandshores Technology Group's highest Days Payable was 83.65. The lowest was 38.07. And the median was 63.08.

HKSE:01647's Days Payable is ranked worse than
80.56% of 1718 companies
in the Construction industry
Industry Median: 76.61 vs HKSE:01647: 38.33

Grandshores Technology Group's Days Payable increased from Mar. 2025 (33.14) to Mar. 2026 (34.76). It may suggest that Grandshores Technology Group delayed paying its suppliers.


Grandshores Technology Group Days Payable Historical Data

* Premium members only.

The historical data trend for Grandshores Technology Group'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.

Grandshores Technology Group Days Payable Chart

Grandshores Technology Group 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 73.17 45.17 42.31 38.07 41.17

Grandshores Technology Group 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 32.25 38.40 33.14 38.70 34.76

HKSE:01647 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Grandshores Technology Group'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.


Grandshores Technology Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Grandshores Technology Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Grandshores Technology Group's Days Payable falls into.



Grandshores Technology Group 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.

Grandshores Technology Group'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
=( (55.788 + 40.418) / 2 ) / 426.473*365
=48.103 / 426.473*365
=41.17

Grandshores Technology Group'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
=( (37.484 + 40.418) / 2 ) / 204.503*365 / 2
=38.951 / 204.503*365 / 2
=34.76

* 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 34.76 mean?
Grandshores Technology Group (HKSE:01647) has a Days Payable of 34.76 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 Grandshores Technology Group and its competitors. This is 45% below median its historical median of 63.08. Over the past decade, Grandshores Technology Group's Days Payable has ranged from 38.07 to 83.65. According to the industry distribution chart, Grandshores Technology Group ranks #1384 out of 1718 companies in the Construction industry, placing it in the top 80.6%.
Is Grandshores Technology Group's Days Payable too high?
Grandshores Technology Group's current Days Payable of 34.76 is 45% below median its 10-year median of 63.08. Over the past 10 years, this metric has ranged from a low of 38.07 to a high of 83.65. The Construction industry median Days Payable is 76.61. Grandshores Technology Group's value of 34.76 is 54.6% below this industry median. Based on the distribution chart, Grandshores Technology Group ranks #1384 out of 1718 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Grandshores Technology Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Grandshores Technology Group ranks #1384 out of 1718 companies for Days Payable. This places Grandshores Technology Group in the lower half of its industry. The industry median Days Payable is 76.61. Grandshores Technology Group's value of 34.76 is 54.6% below this benchmark. Historically, Grandshores Technology Group's own Days Payable has ranged from 38.07 to 83.65 over the past decade. While the company's 10-year median is 63.08 vs. the industry median of 76.61, Grandshores Technology Group 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 76.61, based on 1,718 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. Grandshores Technology Group's current Days Payable of 34.76 is 54.6% 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 Grandshores Technology Group and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandshores Technology Group's current Days Payable is 34.76, which is 45% below median its own 10-year median of 63.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandshores Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Grandshores Technology Group (HKSE:01647) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 17.5% below its estimated fair value. The current Days Payable is 34.76, which is 45% below median its 10-year median of 63.08 and 54.6% below the Construction industry median of 76.61. 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 Grandshores Technology Group (HKSE:01647), the current Days Payable is 34.76 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.

Grandshores Technology Group Business Description

Address 1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems including minor repairs and improvement works, and undertaking building and construction works in Singapore. The group's operating segments are Integrated Building Services; Building Construction Works and Information Technology Development and Application, of which the majority of its revenue source is from the Integrated Building Services segment. It has a business presence in Singapore which derives maximum revenue for the company, Hong Kong, and PRC.