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* 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.
HKSE:01900 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, China ITS (Holdings) Co'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 ITS (Holdings) Co Days Payable vs Software Industry
For the Software industry and Technology sector, China ITS (Holdings) Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China ITS (Holdings) Co's Days Payable falls into.
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 ITS (Holdings) Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 ITS (Holdings) Co (HKSE:01900) has a Days Payable of 121.02 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 ITS (Holdings) Co and its competitors. This is 50% below median its historical median of 242.76. Over the past decade, China ITS (Holdings) Co's Days Payable has ranged from 151.79 to 365.52. According to the industry distribution chart, China ITS (Holdings) Co ranks #558 out of 2611 companies in the Software industry, placing it in the top 21.4%.
Is China ITS (Holdings) Co's Days Payable too high?
China ITS (Holdings) Co's current Days Payable of 121.02 is 50% below median its 10-year median of 242.76. Over the past 10 years, this metric has ranged from a low of 151.79 to a high of 365.52. The Software industry median Days Payable is 51.93. China ITS (Holdings) Co's value of 121.02 is 133% above this industry median. Based on the distribution chart, China ITS (Holdings) Co ranks #558 out of 2611 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, China ITS (Holdings) Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China ITS (Holdings) Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, China ITS (Holdings) Co ranks #558 out of 2611 companies for Days Payable. This places China ITS (Holdings) Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.93. China ITS (Holdings) Co's value of 121.02 is 133% above this benchmark. Historically, China ITS (Holdings) Co's own Days Payable has ranged from 151.79 to 365.52 over the past decade. While the company's 10-year median is 242.76 vs. the industry median of 51.93, China ITS (Holdings) Co 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 Software company?
The median Days Payable among Software companies is 51.93, based on 2,611 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 ITS (Holdings) Co's current Days Payable of 121.02 is 133% 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 China ITS (Holdings) Co and its competitors. For the Software industry, the median Days Payable is 51.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China ITS (Holdings) Co's current Days Payable is 121.02, which is 50% below median its own 10-year median of 242.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China ITS (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China ITS (Holdings) Co (HKSE:01900) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.19 — trading 5% below its estimated fair value. The current Days Payable is 121.02, which is 50% below median its 10-year median of 242.76 and 133% above the Software industry median of 51.93. China ITS (Holdings) Co's overall GF Score™ is 49/100 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 ITS (Holdings) Co (HKSE:01900), the current Days Payable is 121.02 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 ITS (Holdings) Co (HKSE:01900) Overvalued in 2026?
Based on GuruFocus' analysis, China ITS (Holdings) Co stock appears to be undervalued.
The current stock price of HK$0.19 is trading 5% below its estimated GF Value™ of HK$0.20.
GuruFocus considers China ITS (Holdings) Co to be Fairly Valued.
Key valuation signals for HKSE:01900:
Days Payable: 121.02 (50% below median its 10-year median of 242.76)
GF Value™: HK$0.20 vs. price of HK$0.19 (5% below fair value)
Industry Position: 133% above the Software median (#558 of 2611)
No single metric tells the full story. See the HKSE:01900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China ITS (Holdings) Co Ltd is mainly a provider of products, specialised solutions and services related to infrastructure technology in the railway and electric power sectors, energy-related management and services, and software technology development and technical consulting services for large-scale customers in the aviation industry, manufacturing industry, and government. Its segments are: Railway business segment, which generates maximum revenue and engages in the provision of products and specialised solutions, including railway communication products and energy-based products, and related value-added services such as maintenance services, network optimisation, network planning, and technical consulting for railway communication systems; Energy business; and Aviation business.
49GF Score
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