Shifang Holding (HKSE:01831) Days Payable: 18.18 (As of Dec. 2025) — 55% 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:01831 Shifang Holding Ltd HKSE:01831
24 GF Score
Price HK$0.76
GF Value HK$0.51
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Shifang Holding Days Payable?

Shifang Holding HKSE:01831 24 Days Payable is 18.18 as of Dec. 2025, which is 55% below its 10-year median of 40.31. GuruFocus rates HKSE:01831 with a GF Score™ of 24/100 and a GF Value™ of HK$0.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 914 Media - Diversified companies, Shifang Holding ranks worse than 76.91% on this metric.

Shifang Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$40.1 Mil. Shifang Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$402.4 Mil. Hence, Shifang Holding's Days Payable for the six months ended in Dec. 2025 was 18.18.

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

HKSE:01831' s Days Payable Range Over the Past 10 Years
Min: 18.14   Med: 40.31   Max: 299.87
Current: 31.56

During the past 13 years, Shifang Holding's highest Days Payable was 299.87. The lowest was 18.14. And the median was 40.31.

HKSE:01831's Days Payable is ranked worse than
76.91% of 914 companies
in the Media - Diversified industry
Industry Median: 81.23 vs HKSE:01831: 31.56

Shifang Holding's Days Payable declined from Dec. 2024 (135.52) to Dec. 2025 (18.18). It may suggest that Shifang Holding accelerated paying its suppliers.


Shifang Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Shifang 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.

Shifang Holding Days Payable Chart

Shifang Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.45 18.14 62.43 299.87 195.03

Shifang Holding Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 Premium Member Only 253.02 231.57 135.52 451.51 18.18

HKSE:01831 vs APP, OMC, TTD: Days Payable Comparison

For the Advertising Agencies subindustry, Shifang 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.


Shifang Holding Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shifang Holding's Days Payable distribution charts can be found below:

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


HKSE:01831
24GF Score
Shifang Holding Ltd HKSE:01831
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shifang 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.

Shifang Holding's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (54.564 + 13.62) / 2 ) / 63.802*365
=34.092 / 63.802*365
=195.03

Shifang 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
=( (13.62 + 66.556) / 2 ) / 402.425*365 / 2
=40.088 / 402.425*365 / 2
=18.18

* 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 18.18 mean?
Shifang Holding (HKSE:01831) has a Days Payable of 18.18 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 Shifang Holding and its competitors. This is 55% below median its historical median of 40.31. Over the past decade, Shifang Holding's Days Payable has ranged from 18.14 to 299.87. According to the industry distribution chart, Shifang Holding ranks #703 out of 914 companies in the Media - Diversified industry, placing it in the top 76.9%.
Is Shifang Holding's Days Payable too high?
Shifang Holding's current Days Payable of 18.18 is 55% below median its 10-year median of 40.31. Over the past 10 years, this metric has ranged from a low of 18.14 to a high of 299.87. The Media - Diversified industry median Days Payable is 81.23. Shifang Holding's value of 18.18 is 77.6% below this industry median. Based on the distribution chart, Shifang Holding ranks #703 out of 914 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Shifang Holding has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shifang Holding's Days Payable compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Shifang Holding ranks #703 out of 914 companies for Days Payable. This places Shifang Holding in the lower half of its industry. The industry median Days Payable is 81.23. Shifang Holding's value of 18.18 is 77.6% below this benchmark. Historically, Shifang Holding's own Days Payable has ranged from 18.14 to 299.87 over the past decade. While the company's 10-year median is 40.31 vs. the industry median of 81.23, Shifang Holding 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 81.23, based on 914 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. Shifang Holding's current Days Payable of 18.18 is 77.6% 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 Shifang Holding and its competitors. For the Media - Diversified industry, the median Days Payable is 81.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shifang Holding's current Days Payable is 18.18, which is 55% below median its own 10-year median of 40.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shifang Holding stock overvalued right now?
Based on GuruFocus' analysis, Shifang Holding (HKSE:01831) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.51, compared to a current price of HK$0.76 — trading 48% above its estimated fair value. The current Days Payable is 18.18, which is 55% below median its 10-year median of 40.31 and 77.6% below the Media - Diversified industry median of 81.23. Shifang Holding's overall GF Score™ is 24/100 with 6 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 Shifang Holding (HKSE:01831), the current Days Payable is 18.18 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 Shifang Holding (HKSE:01831) Overvalued in 2026?

Based on GuruFocus' analysis, Shifang Holding stock appears to be overvalued. The current stock price of HK$0.76 is trading 48% above its estimated GF Value™ of HK$0.51. GuruFocus considers Shifang Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01831:

  • Days Payable: 18.18 (55% below median its 10-year median of 40.31)
  • GF Value™: HK$0.51 vs. price of HK$0.76 (48% above fair value)
  • GF Score™: 24/100 with 6 warning signs
  • Industry Position: 77.6% below the Media - Diversified median (#703 of 914)

No single metric tells the full story. See the HKSE:01831 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shifang Holding Business Description

Address No. 121 Gutian Road, 6th Floor, Hua Fu Mansion, Gulou District, Fujian Province, Fuzhou, CHN, 350005
Shifang Holding Ltd is an investment holding company engaged in the business of publishing and advertising in the People's Republic of China. The company operates in two business segments; Publishing and advertising segment includes the provision of advertising services, marketing and consulting services, printing services, and agency commission from sales of service pack; The tourism and integrated developments segment include the provision of tourism and integrated services through its media, resort, and eco-tourism integrated development projects and sales of agricultural products, including the Yongtai Distinctive Town Project and Cooperative Project in YongFu Town. Maximum revenue is gained from the tourism and integrated developments segment. The company operates in the PRC.
24GF Score

Get the complete analysis for HKSE:01831

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

HK$0.76
Price
HK$0.51
GF Value