Prinx Chengshan Holdings (HKSE:01809) Days Payable: 45.91 (As of Dec. 2025) — 18% Below Median

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HKSE:01809 Prinx Chengshan Holdings Ltd HKSE:01809
99 GF Score
Price HK$6.70
GF Value HK$8.75
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Prinx Chengshan Holdings Days Payable?

Prinx Chengshan Holdings HKSE:01809 99 Days Payable is 45.91 as of Dec. 2025, which is 18% below its 10-year median of 56.27. GuruFocus rates HKSE:01809 with a GF Score™ of 99/100 and a GF Value™ of HK$8.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,306 Vehicles & Parts companies, Prinx Chengshan Holdings ranks worse than 68.84% on this metric.

Prinx Chengshan Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,365 Mil. Prinx Chengshan Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$5,426 Mil. Hence, Prinx Chengshan Holdings's Days Payable for the six months ended in Dec. 2025 was 45.91.

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

HKSE:01809' s Days Payable Range Over the Past 10 Years
Min: 45.5   Med: 56.27   Max: 61.14
Current: 46.36

During the past 11 years, Prinx Chengshan Holdings's highest Days Payable was 61.14. The lowest was 45.50. And the median was 56.27.

HKSE:01809's Days Payable is ranked worse than
68.84% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs HKSE:01809: 46.36

Prinx Chengshan Holdings's Days Payable declined from Dec. 2024 (52.59) to Dec. 2025 (45.91). It may suggest that Prinx Chengshan Holdings accelerated paying its suppliers.


Prinx Chengshan Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Prinx Chengshan 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.

Prinx Chengshan Holdings Days Payable Chart

Prinx Chengshan Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.71 60.00 61.14 58.48 45.50

Prinx Chengshan Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 55.88 66.07 52.59 47.46 45.91

HKSE:01809 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Prinx Chengshan 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.


Prinx Chengshan Holdings Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prinx Chengshan Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Prinx Chengshan Holdings's Days Payable falls into.


HKSE:01809
99GF Score
Prinx Chengshan Holdings Ltd HKSE:01809
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Prinx Chengshan 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.

Prinx Chengshan Holdings'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
=( (1318.897 + 1343.979) / 2 ) / 10681.603*365
=1331.438 / 10681.603*365
=45.50

Prinx Chengshan Holdings'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
=( (1385.725 + 1343.979) / 2 ) / 5425.658*365 / 2
=1364.852 / 5425.658*365 / 2
=45.91

* 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 45.91 mean?
Prinx Chengshan Holdings (HKSE:01809) has a Days Payable of 45.91 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 Prinx Chengshan Holdings and its competitors. This is 18% below median its historical median of 56.27. Over the past decade, Prinx Chengshan Holdings' Days Payable has ranged from 45.50 to 61.14. According to the industry distribution chart, Prinx Chengshan Holdings ranks #899 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 68.8%.
Is Prinx Chengshan Holdings' Days Payable too high?
Prinx Chengshan Holdings' current Days Payable of 45.91 is 18% below median its 10-year median of 56.27. Over the past 10 years, this metric has ranged from a low of 45.50 to a high of 61.14. The Vehicles & Parts industry median Days Payable is 67.02. Prinx Chengshan Holdings' value of 45.91 is 31.5% below this industry median. Based on the distribution chart, Prinx Chengshan Holdings ranks #899 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Prinx Chengshan Holdings has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prinx Chengshan Holdings' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Prinx Chengshan Holdings ranks #899 out of 1306 companies for Days Payable. This places Prinx Chengshan Holdings in the lower half of its industry. The industry median Days Payable is 67.02. Prinx Chengshan Holdings' value of 45.91 is 31.5% below this benchmark. Historically, Prinx Chengshan Holdings' own Days Payable has ranged from 45.50 to 61.14 over the past decade. While the company's 10-year median is 56.27 vs. the industry median of 67.02, Prinx Chengshan 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,306 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. Prinx Chengshan Holdings's current Days Payable of 45.91 is 31.5% 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 Prinx Chengshan Holdings and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prinx Chengshan Holdings's current Days Payable is 45.91, which is 18% below median its own 10-year median of 56.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prinx Chengshan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Prinx Chengshan Holdings (HKSE:01809) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$8.75, compared to a current price of HK$6.70 — trading 23.4% below its estimated fair value. The current Days Payable is 45.91, which is 18% below median its 10-year median of 56.27 and 31.5% below the Vehicles & Parts industry median of 67.02. Prinx Chengshan Holdings' overall GF Score™ is 99/100 with 1 warning sign 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 Prinx Chengshan Holdings (HKSE:01809), the current Days Payable is 45.91 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.

Is Prinx Chengshan Holdings (HKSE:01809) Overvalued in 2026?

Based on GuruFocus' analysis, Prinx Chengshan Holdings stock appears to be undervalued. The current stock price of HK$6.70 is trading 23.4% below its estimated GF Value™ of HK$8.75. GuruFocus considers Prinx Chengshan Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01809:

  • Days Payable: 45.91 (18% below median its 10-year median of 56.27)
  • GF Value™: HK$8.75 vs. price of HK$6.70 (23.4% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 31.5% below the Vehicles & Parts median (#899 of 1306)

No single metric tells the full story. See the HKSE:01809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prinx Chengshan Holdings Business Description

Address No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand names Prinx, Chengshan, Austone, and Fortune. The company has two segments as follows: Mainland China and Hong Kong as one segment ("Domestic") for trading of raw material related to tire products, manufacturing and selling tire products; and Overseas regions as the other segment for manufacturing and selling tire products. It derives maximum revenue from Domestic Market.
99GF Score

Get the complete analysis for HKSE:01809

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

HK$6.70
Price
HK$8.75
GF Value