A.Plus Group Holdings (HKSE:01841) Days Payable: 95.04 (As of Mar. 2026) — 15% Above Median

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HKSE:01841 A.Plus Group Holdings Ltd HKSE:01841
57 GF Score
Price HK$0.49
GF Value HK$0.22
Valuation Significantly Overvalued
! 2 Warning Signs
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What is A.Plus Group Holdings Days Payable?

A.Plus Group Holdings HKSE:01841 +15.48% 57 Days Payable is 95.04 as of Mar. 2026, which is 15% above its 10-year median of 82.87. GuruFocus rates HKSE:01841 with a GF Score™ of 57/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 948 Business Services companies, A.Plus Group Holdings ranks better than 72.78% on this metric.

A.Plus Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$15.9 Mil. A.Plus Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$30.5 Mil. Hence, A.Plus Group Holdings's Days Payable for the six months ended in Mar. 2026 was 95.04.

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

HKSE:01841' s Days Payable Range Over the Past 10 Years
Min: 41   Med: 82.87   Max: 90.82
Current: 89.83

During the past 13 years, A.Plus Group Holdings's highest Days Payable was 90.82. The lowest was 41.00. And the median was 82.87.

HKSE:01841's Days Payable is ranked better than
72.78% of 948 companies
in the Business Services industry
Industry Median: 44.065 vs HKSE:01841: 89.83

A.Plus Group Holdings's Days Payable declined from Mar. 2025 (123.20) to Mar. 2026 (95.04). It may suggest that A.Plus Group Holdings accelerated paying its suppliers.


A.Plus Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for A.Plus Group 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.

A.Plus Group Holdings Days Payable Chart

A.Plus Group Holdings 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 81.46 68.30 71.60 90.82 87.87

A.Plus Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only 80.74 86.00 123.20 86.57 95.04

HKSE:01841 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, A.Plus Group 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.


A.Plus Group Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, A.Plus Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:01841
57GF Score
A.Plus Group Holdings Ltd HKSE:01841
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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A.Plus Group 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.

A.Plus Group Holdings'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
=( (13.294 + 16.125) / 2 ) / 61.098*365
=14.7095 / 61.098*365
=87.87

A.Plus Group Holdings'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
=( (15.691 + 16.125) / 2 ) / 30.547*365 / 2
=15.908 / 30.547*365 / 2
=95.04

* 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 95.04 mean?
A.Plus Group Holdings (HKSE:01841) has a Days Payable of 95.04 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 A.Plus Group Holdings and its competitors. This is 15% above median its historical median of 82.87. Over the past decade, A.Plus Group Holdings' Days Payable has ranged from 41.00 to 90.82. According to the industry distribution chart, A.Plus Group Holdings ranks #258 out of 948 companies in the Business Services industry, placing it in the top 27.2%.
Is A.Plus Group Holdings' Days Payable too high?
A.Plus Group Holdings' current Days Payable of 95.04 is 15% above median its 10-year median of 82.87. Over the past 10 years, this metric has ranged from a low of 41.00 to a high of 90.82. The Business Services industry median Days Payable is 44.07. A.Plus Group Holdings' value of 95.04 is 115.7% above this industry median. Based on the distribution chart, A.Plus Group Holdings ranks #258 out of 948 companies in the Business Services industry, which is above the industry midpoint. Overall, A.Plus Group Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A.Plus Group Holdings' Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, A.Plus Group Holdings ranks #258 out of 948 companies for Days Payable. This puts A.Plus Group Holdings in the upper half of its industry. The industry median Days Payable is 44.07. A.Plus Group Holdings' value of 95.04 is 115.7% above this benchmark. Historically, A.Plus Group Holdings' own Days Payable has ranged from 41.00 to 90.82 over the past decade. While the company's 10-year median is 82.87 vs. the industry median of 44.07, A.Plus Group Holdings 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 Business Services company?
The median Days Payable among Business Services companies is 44.07, based on 948 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. A.Plus Group Holdings's current Days Payable of 95.04 is 115.7% 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 A.Plus Group Holdings and its competitors. For the Business Services industry, the median Days Payable is 44.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A.Plus Group Holdings's current Days Payable is 95.04, which is 15% above median its own 10-year median of 82.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A.Plus Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, A.Plus Group Holdings (HKSE:01841) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.49 — trading 120.5% above its estimated fair value. The current Days Payable is 95.04, which is 15% above median its 10-year median of 82.87 and 115.7% above the Business Services industry median of 44.07. A.Plus Group Holdings' overall GF Score™ is 57/100 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 A.Plus Group Holdings (HKSE:01841), the current Days Payable is 95.04 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 A.Plus Group Holdings (HKSE:01841) Overvalued in 2026?

Based on GuruFocus' analysis, A.Plus Group Holdings stock appears to be overvalued. The current stock price of HK$0.49 is trading 120.5% above its estimated GF Value™ of HK$0.22. GuruFocus considers A.Plus Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01841:

  • Days Payable: 95.04 (15% above median its 10-year median of 82.87)
  • GF Value™: HK$0.22 vs. price of HK$0.49 (120.5% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 115.7% above the Business Services median (#258 of 948)

No single metric tells the full story. See the HKSE:01841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A.Plus Group Holdings Business Description

Address 35-45B Bonham Strand, 2nd Floor, Sheung Wan, Hong Kong, HKG
A.Plus Group Holdings Ltd is a Hong Kong-based investment holding company. It is principally engaged in the provision of financial printing services. Geographically, it derives revenue from Hong Kong. The company provides typesetting, design, translation, printing and delivery services in relation to financial reports, company announcements, shareholders circulars, debt offering documents, IPO prospectuses, and other documents.
57GF Score

Get the complete analysis for HKSE:01841

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

HK$0.49
Price
HK$0.22
GF Value