Mulsanne Group Holding (HKSE:01817) Days Payable: 86.94 (As of Dec. 2025) — 38% Below Median

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HKSE:01817 Mulsanne Group Holding Ltd HKSE:01817
45 GF Score
Price HK$0.29
GF Value HK$0.55
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mulsanne Group Holding Days Payable?

Mulsanne Group Holding HKSE:01817 -1.72% 45 Days Payable is 86.94 as of Dec. 2025, which is 38% below its 10-year median of 139.71. GuruFocus rates HKSE:01817 with a GF Score™ of 45/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Mulsanne Group Holding ranks better than 82.12% on this metric.

Mulsanne Group Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$293 Mil. Mulsanne Group Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$614 Mil. Hence, Mulsanne Group Holding's Days Payable for the six months ended in Dec. 2025 was 86.94.

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

HKSE:01817' s Days Payable Range Over the Past 10 Years
Min: 103.25   Med: 139.71   Max: 162
Current: 112.71

During the past 10 years, Mulsanne Group Holding's highest Days Payable was 162.00. The lowest was 103.25. And the median was 139.71.

HKSE:01817's Days Payable is ranked better than
82.12% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 50.405 vs HKSE:01817: 112.71

Mulsanne Group Holding's Days Payable declined from Dec. 2024 (111.75) to Dec. 2025 (86.94). It may suggest that Mulsanne Group Holding accelerated paying its suppliers.


Mulsanne Group Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Mulsanne Group Holding'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.

Mulsanne Group Holding Days Payable Chart

Mulsanne Group Holding 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 143.65 147.45 134.52 135.77 127.22

Mulsanne Group Holding Semi-Annual Data
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 97.92 118.92 111.75 127.83 86.94

HKSE:01817 vs TJX, ROST, BURL: Days Payable Comparison

For the Apparel Retail subindustry, Mulsanne Group Holding'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.


Mulsanne Group Holding Days Payable vs Retail - Cyclical Industry

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

* The bar in red indicates where Mulsanne Group Holding's Days Payable falls into.


HKSE:01817
45GF Score
Mulsanne Group Holding Ltd HKSE:01817
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulsanne Group Holding 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.

Mulsanne Group Holding'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
=( (440.791 + 335.115) / 2 ) / 1113.071*365
=387.953 / 1113.071*365
=127.22

Mulsanne Group Holding'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
=( (250.317 + 335.115) / 2 ) / 614.459*365 / 2
=292.716 / 614.459*365 / 2
=86.94

* 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 86.94 mean?
Mulsanne Group Holding (HKSE:01817) has a Days Payable of 86.94 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 Mulsanne Group Holding and its competitors. This is 38% below median its historical median of 139.71. Over the past decade, Mulsanne Group Holding's Days Payable has ranged from 103.25 to 162.00. According to the industry distribution chart, Mulsanne Group Holding ranks #197 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 17.9%.
Is Mulsanne Group Holding's Days Payable too high?
Mulsanne Group Holding's current Days Payable of 86.94 is 38% below median its 10-year median of 139.71. Over the past 10 years, this metric has ranged from a low of 103.25 to a high of 162.00. The Retail - Cyclical industry median Days Payable is 50.41. Mulsanne Group Holding's value of 86.94 is 72.5% above this industry median. Based on the distribution chart, Mulsanne Group Holding ranks #197 out of 1102 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mulsanne Group Holding has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulsanne Group Holding's Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Mulsanne Group Holding ranks #197 out of 1102 companies for Days Payable. This places Mulsanne Group Holding in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.41. Mulsanne Group Holding's value of 86.94 is 72.5% above this benchmark. Historically, Mulsanne Group Holding's own Days Payable has ranged from 103.25 to 162.00 over the past decade. While the company's 10-year median is 139.71 vs. the industry median of 50.41, Mulsanne Group Holding has consistently been above 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 50.41, based on 1,102 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. Mulsanne Group Holding's current Days Payable of 86.94 is 72.5% above 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 Mulsanne Group Holding and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulsanne Group Holding's current Days Payable is 86.94, which is 38% below median its own 10-year median of 139.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulsanne Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Mulsanne Group Holding (HKSE:01817) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.29 — trading 48.2% below its estimated fair value. The current Days Payable is 86.94, which is 38% below median its 10-year median of 139.71 and 72.5% above the Retail - Cyclical industry median of 50.41. Mulsanne Group Holding's overall GF Score™ is 45/100 with 2 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 Mulsanne Group Holding (HKSE:01817), the current Days Payable is 86.94 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 Mulsanne Group Holding (HKSE:01817) Overvalued in 2026?

Based on GuruFocus' analysis, Mulsanne Group Holding stock appears to be undervalued. The current stock price of HK$0.29 is trading 48.2% below its estimated GF Value™ of HK$0.55. GuruFocus considers Mulsanne Group Holding to be Possible Value Trap.

Key valuation signals for HKSE:01817:

  • Days Payable: 86.94 (38% below median its 10-year median of 139.71)
  • GF Value™: HK$0.55 vs. price of HK$0.29 (48.2% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 72.5% above the Retail - Cyclical median (#197 of 1102)

No single metric tells the full story. See the HKSE:01817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulsanne Group Holding Business Description

Address No. 628, Jinyuan Road, Yinzhou District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Chinese mainland.
45GF Score

Get the complete analysis for HKSE:01817

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

HK$0.29
Price
HK$0.55
GF Value