Rongzun International Holdings Group (HKSE:01780) Days Payable: 69.19 (As of Mar. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01780 Rongzun International Holdings Group Ltd HKSE:01780
42 GF Score
Price HK$5.91
GF Value HK$0.65
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rongzun International Holdings Group Days Payable?

Rongzun International Holdings Group HKSE:01780 +1.55% 42 Days Payable is 69.19 as of Mar. 2026, which is 19% below its 10-year median of 85.13. GuruFocus rates HKSE:01780 with a GF Score™ of 42/100 and a GF Value™ of HK$0.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Rongzun International Holdings Group ranks better than 58.51% on this metric.

Rongzun International Holdings Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$25.41 Mil. Rongzun International Holdings Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$67.02 Mil. Hence, Rongzun International Holdings Group's Days Payable for the six months ended in Mar. 2026 was 69.19.

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

HKSE:01780' s Days Payable Range Over the Past 10 Years
Min: 42.15   Med: 85.13   Max: 169.95
Current: 93.19

During the past 11 years, Rongzun International Holdings Group's highest Days Payable was 169.95. The lowest was 42.15. And the median was 85.13.

HKSE:01780's Days Payable is ranked better than
58.51% of 1721 companies
in the Construction industry
Industry Median: 76.51 vs HKSE:01780: 93.19

Rongzun International Holdings Group's Days Payable declined from Mar. 2025 (130.42) to Mar. 2026 (69.19). It may suggest that Rongzun International Holdings Group accelerated paying its suppliers.


Rongzun International Holdings Group Days Payable Related Terms


Rongzun International Holdings Group Days Payable Historical Data

* Premium members only.

The historical data trend for Rongzun International Holdings 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.

Rongzun International Holdings Group Days Payable Chart

Rongzun International Holdings 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 70.66 91.47 88.58 169.95 89.46

Rongzun International Holdings Group Semi-Annual Data
Mar16 Mar17 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 115.57 155.76 130.42 148.62 69.19

HKSE:01780 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Rongzun International Holdings 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.


Rongzun International Holdings Group Days Payable vs Construction Industry

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

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


HKSE:01780
42GF Score
Rongzun International Holdings Group Ltd HKSE:01780
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rongzun International Holdings 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.

Rongzun International Holdings 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
=( (25.289 + 23.422) / 2 ) / 99.367*365
=24.3555 / 99.367*365
=89.46

Rongzun International Holdings 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
=( (27.396 + 23.422) / 2 ) / 67.02*365 / 2
=25.409 / 67.02*365 / 2
=69.19

* 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 69.19 mean?
Rongzun International Holdings Group (HKSE:01780) has a Days Payable of 69.19 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 Rongzun International Holdings Group and its competitors. This is 19% below median its historical median of 85.13. Over the past decade, Rongzun International Holdings Group's Days Payable has ranged from 42.15 to 169.95. According to the industry distribution chart, Rongzun International Holdings Group ranks #714 out of 1721 companies in the Construction industry, placing it in the top 41.5%.
Is Rongzun International Holdings Group's Days Payable too high?
Rongzun International Holdings Group's current Days Payable of 69.19 is 19% below median its 10-year median of 85.13. Over the past 10 years, this metric has ranged from a low of 42.15 to a high of 169.95. The Construction industry median Days Payable is 76.51. Rongzun International Holdings Group's value of 69.19 is 9.6% below this industry median. Based on the distribution chart, Rongzun International Holdings Group ranks #714 out of 1721 companies in the Construction industry, which is above the industry midpoint. Overall, Rongzun International Holdings Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rongzun International Holdings Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Rongzun International Holdings Group ranks #714 out of 1721 companies for Days Payable. This puts Rongzun International Holdings Group in the upper half of its industry. The industry median Days Payable is 76.51. Rongzun International Holdings Group's value of 69.19 is 9.6% below this benchmark. Historically, Rongzun International Holdings Group's own Days Payable has ranged from 42.15 to 169.95 over the past decade. While the company's 10-year median is 85.13 vs. the industry median of 76.51, Rongzun International Holdings 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 76.51, based on 1,721 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. Rongzun International Holdings Group's current Days Payable of 69.19 is 9.6% 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 Rongzun International Holdings Group and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rongzun International Holdings Group's current Days Payable is 69.19, which is 19% below median its own 10-year median of 85.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rongzun International Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Rongzun International Holdings Group (HKSE:01780) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.65, compared to a current price of HK$5.91 — trading 809.2% above its estimated fair value. The current Days Payable is 69.19, which is 19% below median its 10-year median of 85.13 and 9.6% below the Construction industry median of 76.51. Rongzun International Holdings Group's overall GF Score™ is 42/100 with 5 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 Rongzun International Holdings Group (HKSE:01780), the current Days Payable is 69.19 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 Rongzun International Holdings Group (HKSE:01780) Overvalued in 2026?

Based on GuruFocus' analysis, Rongzun International Holdings Group stock appears to be overvalued. The current stock price of HK$5.91 is trading 809.2% above its estimated GF Value™ of HK$0.65. GuruFocus considers Rongzun International Holdings Group to be Significantly Overvalued.

Key valuation signals for HKSE:01780:

  • Days Payable: 69.19 (19% below median its 10-year median of 85.13)
  • GF Value™: HK$0.65 vs. price of HK$5.91 (809.2% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 9.6% below the Construction median (#714 of 1721)

No single metric tells the full story. See the HKSE:01780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rongzun International Holdings Group Business Description

Address No. 79 Lei Muk Road, Units 2803-2803A, Asia Trade Centre, Kwai Chung, New Territories, Hong Kong, HKG
Rongzun International Holdings Group Ltd is an investment holding company. It operates in two segments: Alteration and addition works, which generate maximum revenue, and Civil engineering works. Its Alteration & addition works include new structural works, fitting-out works, changes in facilities configuration, construction of a new extension to an existing building, conversion of an existing building to different types, fabrication, modification, removal, or installation of hardware and equipment; erection, relocation, or removal of partitions, doors, and windows; changes in the type of finishes and flooring materials. The Civil engineering segment includes site formation works and foundation works. All of its revenues are generated from Hong Kong.
42GF Score

Get the complete analysis for HKSE:01780

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

HK$5.91
Price
HK$0.65
GF Value