China Wantian Holdings (HKSE:01854) Days Payable: 4.55 (As of Dec. 2025) — 70% 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:01854 China Wantian Holdings Ltd HKSE:01854
66 GF Score
Price HK$1.18
GF Value HK$3.89
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is China Wantian Holdings Days Payable?

China Wantian Holdings HKSE:01854 -0.42% 66 Days Payable is 4.55 as of Dec. 2025, which is 70% below its 10-year median of 14.97. GuruFocus rates HKSE:01854 with a GF Score™ of 66/100 and a GF Value™ of HK$3.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 304 Retail - Defensive companies, China Wantian Holdings ranks worse than 98.36% on this metric.

China Wantian Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$13 Mil. China Wantian Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$535 Mil. Hence, China Wantian Holdings's Days Payable for the six months ended in Dec. 2025 was 4.55.

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

HKSE:01854' s Days Payable Range Over the Past 10 Years
Min: 4.56   Med: 14.97   Max: 76.33
Current: 4.56

During the past 11 years, China Wantian Holdings's highest Days Payable was 76.33. The lowest was 4.56. And the median was 14.97.

HKSE:01854's Days Payable is ranked worse than
98.36% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.02 vs HKSE:01854: 4.56

China Wantian Holdings's Days Payable declined from Dec. 2024 (8.14) to Dec. 2025 (4.55). It may suggest that China Wantian Holdings accelerated paying its suppliers.


China Wantian Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Wantian 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.

China Wantian Holdings Days Payable Chart

China Wantian Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 10.06 15.64 6.84 4.81

China Wantian Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only 12.76 14.13 8.14 4.33 4.55

HKSE:01854 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, China Wantian 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.


China Wantian Holdings Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Wantian Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Wantian Holdings's Days Payable falls into.


HKSE:01854
66GF Score
China Wantian Holdings Ltd HKSE:01854
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Wantian 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.

China Wantian 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
=( (15.466 + 14.184) / 2 ) / 1124.445*365
=14.825 / 1124.445*365
=4.81

China Wantian 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
=( (12.487 + 14.184) / 2 ) / 534.812*365 / 2
=13.3355 / 534.812*365 / 2
=4.55

* 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 4.55 mean?
China Wantian Holdings (HKSE:01854) has a Days Payable of 4.55 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 China Wantian Holdings and its competitors. This is 70% below median its historical median of 14.97. Over the past decade, China Wantian Holdings' Days Payable has ranged from 4.56 to 76.33. According to the industry distribution chart, China Wantian Holdings ranks #299 out of 304 companies in the Retail - Defensive industry, placing it in the top 98.4%.
Is China Wantian Holdings' Days Payable too high?
China Wantian Holdings' current Days Payable of 4.55 is 70% below median its 10-year median of 14.97. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 76.33. The Retail - Defensive industry median Days Payable is 43.02. China Wantian Holdings' value of 4.55 is 89.4% below this industry median. Based on the distribution chart, China Wantian Holdings ranks #299 out of 304 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, China Wantian Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Wantian Holdings' Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, China Wantian Holdings ranks #299 out of 304 companies for Days Payable. This places China Wantian Holdings in the lower half of its industry. The industry median Days Payable is 43.02. China Wantian Holdings' value of 4.55 is 89.4% below this benchmark. Historically, China Wantian Holdings' own Days Payable has ranged from 4.56 to 76.33 over the past decade. While the company's 10-year median is 14.97 vs. the industry median of 43.02, China Wantian 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.02, based on 304 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. China Wantian Holdings's current Days Payable of 4.55 is 89.4% 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 China Wantian Holdings and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Wantian Holdings's current Days Payable is 4.55, which is 70% below median its own 10-year median of 14.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Wantian Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Wantian Holdings (HKSE:01854) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.89, compared to a current price of HK$1.18 — trading 69.7% below its estimated fair value. The current Days Payable is 4.55, which is 70% below median its 10-year median of 14.97 and 89.4% below the Retail - Defensive industry median of 43.02. China Wantian Holdings' overall GF Score™ is 66/100 with 4 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 China Wantian Holdings (HKSE:01854), the current Days Payable is 4.55 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 China Wantian Holdings (HKSE:01854) Overvalued in 2026?

Based on GuruFocus' analysis, China Wantian Holdings stock appears to be undervalued. The current stock price of HK$1.18 is trading 69.7% below its estimated GF Value™ of HK$3.89. GuruFocus considers China Wantian Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01854:

  • Days Payable: 4.55 (70% below median its 10-year median of 14.97)
  • GF Value™: HK$3.89 vs. price of HK$1.18 (69.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 89.4% below the Retail - Defensive median (#299 of 304)

No single metric tells the full story. See the HKSE:01854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Wantian Holdings Business Description

Address 33 Wang Chiu Road, Suite 2106A, 21st Floor, Exchange Tower, Kowloon Bay, Hong Kong, HKG
China Wantian Holdings Ltd is an investment holding company, and its principal subsidiaries are engaged in food supply, catering services, and environmental protection and technology services. The Group has three reportable segments, namely food supply, catering services, and environmental protection and technology services. The company generates a majority of its revenue from its Food Supply segment, which includes sourcing, processing, and supplying of consumable fresh food ingredients in Hong Kong and the People's Republic of China (PRC). Its geographic operations include the People's Republic of China, which generates the majority of its revenue, and the rest from Hong Kong.
66GF Score

Get the complete analysis for HKSE:01854

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

HK$1.18
Price
HK$3.89
GF Value