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.
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.
MetaspacexHKSE:01796 -11.64%54 Days Payable is 19.53 as of Sep. 2025, which is 48% below its 10-year median of 37.45. GuruFocus rates HKSE:01796 with a GF Score™ of 54/100 and a GF Value™ of HK$1.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,714 Construction companies, Metaspacex ranks worse than 95.16% on this metric.
Metaspacex's average Accounts Payable for the
six
months ended in Sep. 2025 was HK$11.2 Mil. Metaspacex's Cost of Goods Sold for the
six
months ended in Sep. 2025 was HK$105.0 Mil.
Hence, Metaspacex's Days Payable for the
six
months ended in Sep. 2025 was 19.53.
The historical rank and industry rank for Metaspacex's Days Payable or its related term are showing as below:
HKSE:01796'
s Days Payable Range Over the Past 10 Years
Min: 18.04 Med: 37.45 Max: 132.82
Current: 20.11
During the past 11 years, Metaspacex's highest Days Payable was 132.82. The lowest was 18.04. And the median was 37.45.
HKSE:01796's Days Payable is ranked worse than 95.16% of 1714
companies
in the Construction industry
Industry Median: 76.48
vs HKSE:01796: 20.11
Metaspacex's Days Payable
declined
from Sep. 2024 (28.80) to Sep. 2025 (19.53).
It may suggest that Metaspacexaccelerated paying its suppliers.
Metaspacex Days Payable Related Terms
Metaspacex Days Payable Historical Data
* Premium members only.
The historical data trend for Metaspacex'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.
HKSE:01796 vs TT, JCI, CARR: Days Payable Comparison
For the Building Products & Equipment subindustry, Metaspacex'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.
Metaspacex Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Metaspacex's Days Payable distribution charts can be found below:
* The bar in red indicates where Metaspacex's Days Payable falls into.
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.
Metaspacex's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Metaspacex (HKSE:01796) has a Days Payable of 19.53 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Metaspacex and its competitors. This is 48% below median its historical median of 37.45. Over the past decade, Metaspacex's Days Payable has ranged from 18.04 to 132.82. According to the industry distribution chart, Metaspacex ranks #1631 out of 1714 companies in the Construction industry, placing it in the top 95.2%.
Is Metaspacex's Days Payable too high?
Metaspacex's current Days Payable of 19.53 is 48% below median its 10-year median of 37.45. Over the past 10 years, this metric has ranged from a low of 18.04 to a high of 132.82. The Construction industry median Days Payable is 76.48. Metaspacex's value of 19.53 is 74.5% below this industry median. Based on the distribution chart, Metaspacex ranks #1631 out of 1714 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Metaspacex has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Metaspacex's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Metaspacex ranks #1631 out of 1714 companies for Days Payable. This places Metaspacex in the lower half of its industry. The industry median Days Payable is 76.48. Metaspacex's value of 19.53 is 74.5% below this benchmark. Historically, Metaspacex's own Days Payable has ranged from 18.04 to 132.82 over the past decade. While the company's 10-year median is 37.45 vs. the industry median of 76.48, Metaspacex 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 76.48, based on 1,714 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. Metaspacex's current Days Payable of 19.53 is 74.5% 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 Metaspacex and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metaspacex's current Days Payable is 19.53, which is 48% below median its own 10-year median of 37.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metaspacex stock overvalued right now?
Based on GuruFocus' analysis, Metaspacex (HKSE:01796) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.30, compared to a current price of HK$0.21 — trading 84.2% below its estimated fair value. The current Days Payable is 19.53, which is 48% below median its 10-year median of 37.45 and 74.5% below the Construction industry median of 76.48. Metaspacex's overall GF Score™ is 54/100 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 Metaspacex (HKSE:01796), the current Days Payable is 19.53 as of Sep. 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.
Is Metaspacex (HKSE:01796) Overvalued in 2026?
Based on GuruFocus' analysis, Metaspacex stock appears to be undervalued.
The current stock price of HK$0.21 is trading 84.2% below its estimated GF Value™ of HK$1.30.
GuruFocus considers Metaspacex to be Possible Value Trap.
Key valuation signals for HKSE:01796:
Days Payable: 19.53 (48% below median its 10-year median of 37.45)
GF Value™: HK$1.30 vs. price of HK$0.21 (84.2% below fair value)
Industry Position: 74.5% below the Construction median (#1631 of 1714)
No single metric tells the full story. See the HKSE:01796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metaspacex Ltd formerly Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries, is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
54GF Score
Get the complete analysis for HKSE:01796
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01796 has been successfully added to your 
