Ernest Borel Holdings (HKSE:01856) Days Payable: 129.38 (As of Dec. 2025) — 22% Above Median

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HKSE:01856 Ernest Borel Holdings Ltd HKSE:01856
25 GF Score
Price HK$1.61
GF Value HK$0.84
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Ernest Borel Holdings Days Payable?

Ernest Borel Holdings HKSE:01856 -0.62% 25 Days Payable is 129.38 as of Dec. 2025, which is 22% above its 10-year median of 106.42. GuruFocus rates HKSE:01856 with a GF Score™ of 25/100 and a GF Value™ of HK$0.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Ernest Borel Holdings ranks better than 90.15% on this metric.

Ernest Borel Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$31.43 Mil. Ernest Borel Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$44.34 Mil. Hence, Ernest Borel Holdings's Days Payable for the six months ended in Dec. 2025 was 129.38.

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

HKSE:01856' s Days Payable Range Over the Past 10 Years
Min: 21.77   Med: 106.42   Max: 183.29
Current: 179.25

During the past 13 years, Ernest Borel Holdings's highest Days Payable was 183.29. The lowest was 21.77. And the median was 106.42.

HKSE:01856's Days Payable is ranked better than
90.15% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 50.56 vs HKSE:01856: 179.25

Ernest Borel Holdings's Days Payable increased from Dec. 2024 (109.58) to Dec. 2025 (129.38). It may suggest that Ernest Borel Holdings delayed paying its suppliers.


Ernest Borel Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Ernest Borel 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.

Ernest Borel Holdings Days Payable Chart

Ernest Borel 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 126.80 148.62 143.06 174.04 183.29

Ernest Borel Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only 158.64 319.09 109.58 244.05 129.38

HKSE:01856 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Ernest Borel 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.


Ernest Borel Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ernest Borel Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ernest Borel Holdings's Days Payable falls into.


HKSE:01856
25GF Score
Ernest Borel Holdings Ltd HKSE:01856
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ernest Borel 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.

Ernest Borel 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
=( (49.225 + 27.183) / 2 ) / 76.08*365
=38.204 / 76.08*365
=183.29

Ernest Borel 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
=( (35.678 + 27.183) / 2 ) / 44.335*365 / 2
=31.4305 / 44.335*365 / 2
=129.38

* 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 129.38 mean?
Ernest Borel Holdings (HKSE:01856) has a Days Payable of 129.38 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 Ernest Borel Holdings and its competitors. This is 22% above median its historical median of 106.42. Over the past decade, Ernest Borel Holdings' Days Payable has ranged from 21.77 to 183.29. According to the industry distribution chart, Ernest Borel Holdings ranks #109 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 9.8%.
Is Ernest Borel Holdings' Days Payable too high?
Ernest Borel Holdings' current Days Payable of 129.38 is 22% above median its 10-year median of 106.42. Over the past 10 years, this metric has ranged from a low of 21.77 to a high of 183.29. The Retail - Cyclical industry median Days Payable is 50.56. Ernest Borel Holdings' value of 129.38 is 155.9% above this industry median. Based on the distribution chart, Ernest Borel Holdings ranks #109 out of 1107 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ernest Borel Holdings has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ernest Borel Holdings' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Ernest Borel Holdings ranks #109 out of 1107 companies for Days Payable. This places Ernest Borel Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.56. Ernest Borel Holdings' value of 129.38 is 155.9% above this benchmark. Historically, Ernest Borel Holdings' own Days Payable has ranged from 21.77 to 183.29 over the past decade. While the company's 10-year median is 106.42 vs. the industry median of 50.56, Ernest Borel 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.56, based on 1,107 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. Ernest Borel Holdings's current Days Payable of 129.38 is 155.9% 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 Ernest Borel Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ernest Borel Holdings's current Days Payable is 129.38, which is 22% above median its own 10-year median of 106.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ernest Borel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ernest Borel Holdings (HKSE:01856) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.84, compared to a current price of HK$1.61 — trading 91.1% above its estimated fair value. The current Days Payable is 129.38, which is 22% above median its 10-year median of 106.42 and 155.9% above the Retail - Cyclical industry median of 50.56. Ernest Borel Holdings' overall GF Score™ is 25/100 with 8 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 Ernest Borel Holdings (HKSE:01856), the current Days Payable is 129.38 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 Ernest Borel Holdings (HKSE:01856) Overvalued in 2026?

Based on GuruFocus' analysis, Ernest Borel Holdings stock appears to be overvalued. The current stock price of HK$1.61 is trading 91.1% above its estimated GF Value™ of HK$0.84. GuruFocus considers Ernest Borel Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01856:

  • Days Payable: 129.38 (22% above median its 10-year median of 106.42)
  • GF Value™: HK$0.84 vs. price of HK$1.61 (91.1% above fair value)
  • GF Score™: 25/100 with 8 warning signs
  • Industry Position: 155.9% above the Retail - Cyclical median (#109 of 1107)

No single metric tells the full story. See the HKSE:01856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ernest Borel Holdings Business Description

Address Nos. 5-7 Wong Chuk Yeung Street, Unit J, 12th Floor, Fu Cheung Centre, Fotan, Shatin, New Territories, Hong Kong, HKG
Ernest Borel Holdings Ltd is an investment company engaged in designing, manufacturing, marketing, and selling Swiss-made mechanical and quartz premium watches for men and women, and smart watch accessories R&D, OEM, and manufacturing. The smart watch manufacturing business delivers synergies with the Group's core operations by providing essential watch cases and other components for watchmaking activities. Its segments are: Watches business segment, which engages in manufacturing and sales of watches; and Smart watch manufacturing business segment, which generates maximum revenue and engages in design, development, and manufacturing of stainless-steel alloy watch cases and smartwatch cases on ODM and OEM basis. The Group generates the majority of its revenue from the PRC.
25GF Score

Get the complete analysis for HKSE:01856

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

HK$1.61
Price
HK$0.84
GF Value