SG Group Holdings (HKSE:01657) Days Payable: 38.38 (As of Apr. 2026) — 23% Above Median

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HKSE:01657 SG Group Holdings Ltd HKSE:01657
55 GF Score
Price HK$49.50
GF Value HK$10.93
Valuation Significantly Overvalued
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What is SG Group Holdings Days Payable?

SG Group Holdings HKSE:01657 55 Days Payable is 38.38 as of Apr. 2026, which is 23% above its 10-year median of 31.19. GuruFocus rates HKSE:01657 with a GF Score™ of 55/100 and a GF Value™ of HK$10.93 (Significantly Overvalued). Among 1,107 Retail - Cyclical companies, SG Group Holdings ranks worse than 66.94% on this metric.

SG Group Holdings's average Accounts Payable for the six months ended in Apr. 2026 was HK$14.7 Mil. SG Group Holdings's Cost of Goods Sold for the six months ended in Apr. 2026 was HK$70.0 Mil. Hence, SG Group Holdings's Days Payable for the six months ended in Apr. 2026 was 38.38.

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

HKSE:01657' s Days Payable Range Over the Past 10 Years
Min: 18.64   Med: 31.19   Max: 64.82
Current: 36.17

During the past 12 years, SG Group Holdings's highest Days Payable was 64.82. The lowest was 18.64. And the median was 31.19.

HKSE:01657's Days Payable is ranked worse than
66.94% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs HKSE:01657: 36.17

SG Group Holdings's Days Payable increased from Apr. 2025 (29.06) to Apr. 2026 (38.38). It may suggest that SG Group Holdings delayed paying its suppliers.


SG Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for SG 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.

SG Group Holdings Days Payable Chart

SG Group Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.67 31.70 28.94 21.95 40.03

SG Group Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 26.47 17.76 29.06 30.13 38.38

HKSE:01657 vs TJX, ROST, BURL: Days Payable Comparison

For the Apparel Retail subindustry, SG 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.


SG Group Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:01657
55GF Score
SG Group Holdings Ltd HKSE:01657
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SG 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.

SG Group Holdings's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (12.284 + 18.504) / 2 ) / 140.374*365
=15.394 / 140.374*365
=40.03

SG Group Holdings's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (10.945 + 18.504) / 2 ) / 70.024*365 / 2
=14.7245 / 70.024*365 / 2
=38.38

* 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 38.38 mean?
SG Group Holdings (HKSE:01657) has a Days Payable of 38.38 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SG Group Holdings and its competitors. This is 23% above median its historical median of 31.19. Over the past decade, SG Group Holdings' Days Payable has ranged from 18.64 to 64.82. According to the industry distribution chart, SG Group Holdings ranks #741 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 66.9%.
Is SG Group Holdings' Days Payable too high?
SG Group Holdings' current Days Payable of 38.38 is 23% above median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 18.64 to a high of 64.82. The Retail - Cyclical industry median Days Payable is 51.29. SG Group Holdings' value of 38.38 is 25.2% below this industry median. Based on the distribution chart, SG Group Holdings ranks #741 out of 1107 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, SG Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Group Holdings' Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SG Group Holdings ranks #741 out of 1107 companies for Days Payable. This places SG Group Holdings in the lower half of its industry. The industry median Days Payable is 51.29. SG Group Holdings' value of 38.38 is 25.2% below this benchmark. Historically, SG Group Holdings' own Days Payable has ranged from 18.64 to 64.82 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 51.29, SG 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,107 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. SG Group Holdings's current Days Payable of 38.38 is 25.2% 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 SG Group Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Group Holdings's current Days Payable is 38.38, which is 23% above median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, SG Group Holdings (HKSE:01657) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.93, compared to a current price of HK$49.50 — trading 352.9% above its estimated fair value. The current Days Payable is 38.38, which is 23% above median its 10-year median of 31.19 and 25.2% below the Retail - Cyclical industry median of 51.29. SG Group Holdings' overall GF Score™ is 55/100. 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 SG Group Holdings (HKSE:01657), the current Days Payable is 38.38 as of Apr. 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 SG Group Holdings (HKSE:01657) Overvalued in 2026?

Based on GuruFocus' analysis, SG Group Holdings stock appears to be overvalued. The current stock price of HK$49.50 is trading 352.9% above its estimated GF Value™ of HK$10.93. GuruFocus considers SG Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01657:

  • Days Payable: 38.38 (23% above median its 10-year median of 31.19)
  • GF Value™: HK$10.93 vs. price of HK$49.50 (352.9% above fair value)
  • GF Score™: 55/100
  • Industry Position: 25.2% below the Retail - Cyclical median (#741 of 1107)

No single metric tells the full story. See the HKSE:01657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SG Group Holdings Business Description

Address 1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
SG Group Holdings Ltd is an investment holding company. The company's operating segment includes the Supply of Apparel Products Traditional, the Supply of Apparel Products New Retail, and the Provision of institutional catering. It generates maximum revenue from the Supply of Apparel Products segment, which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns maximum revenue from the sale of Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, Canada, and other countries.
55GF Score

Get the complete analysis for HKSE:01657

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

HK$49.50
Price
HK$10.93
GF Value