Bonny International Holding (HKSE:01906) Days Payable: 53.31 (As of Dec. 2025) — 40% Below Median

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HKSE:01906 Bonny International Holding Ltd HKSE:01906
44 GF Score
Price HK$0.63
GF Value HK$0.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bonny International Holding Days Payable?

Bonny International Holding HKSE:01906 -5.26% 44 Days Payable is 53.31 as of Dec. 2025, which is 40% below its 10-year median of 88.95. GuruFocus rates HKSE:01906 with a GF Score™ of 44/100 and a GF Value™ of HK$0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Bonny International Holding ranks better than 55.91% on this metric.

Bonny International Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$28.0 Mil. Bonny International Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$95.9 Mil. Hence, Bonny International Holding's Days Payable for the six months ended in Dec. 2025 was 53.31.

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

HKSE:01906' s Days Payable Range Over the Past 10 Years
Min: 60.85   Med: 88.95   Max: 120.1
Current: 60.85

During the past 10 years, Bonny International Holding's highest Days Payable was 120.10. The lowest was 60.85. And the median was 88.95.

HKSE:01906's Days Payable is ranked better than
55.91% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.135 vs HKSE:01906: 60.85

Bonny International Holding's Days Payable declined from Dec. 2024 (78.01) to Dec. 2025 (53.31). It may suggest that Bonny International Holding accelerated paying its suppliers.


Bonny International Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Bonny International 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.

Bonny International Holding Days Payable Chart

Bonny International Holding 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 71.81 96.36 77.39 61.98 62.51

Bonny International Holding Semi-Annual Data
Dec16 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 88.64 64.50 78.01 67.25 53.31

HKSE:01906 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Bonny International 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.


Bonny International Holding Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonny International Holding's Days Payable distribution charts can be found below:

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


HKSE:01906
44GF Score
Bonny International Holding Ltd HKSE:01906
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonny International 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.

Bonny International Holding'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
=( (34.505 + 27.805) / 2 ) / 181.918*365
=31.155 / 181.918*365
=62.51

Bonny International 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
=( (28.225 + 27.805) / 2 ) / 95.899*365 / 2
=28.015 / 95.899*365 / 2
=53.31

* 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 53.31 mean?
Bonny International Holding (HKSE:01906) has a Days Payable of 53.31 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 Bonny International Holding and its competitors. This is 40% below median its historical median of 88.95. Over the past decade, Bonny International Holding's Days Payable has ranged from 60.85 to 120.10. According to the industry distribution chart, Bonny International Holding ranks #448 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.1%.
Is Bonny International Holding's Days Payable too high?
Bonny International Holding's current Days Payable of 53.31 is 40% below median its 10-year median of 88.95. Over the past 10 years, this metric has ranged from a low of 60.85 to a high of 120.10. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.14. Bonny International Holding's value of 53.31 is 1.5% below this industry median. Based on the distribution chart, Bonny International Holding ranks #448 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bonny International Holding has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bonny International Holding's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonny International Holding ranks #448 out of 1016 companies for Days Payable. This puts Bonny International Holding in the upper half of its industry. The industry median Days Payable is 54.14. Bonny International Holding's value of 53.31 is 1.5% below this benchmark. Historically, Bonny International Holding's own Days Payable has ranged from 60.85 to 120.10 over the past decade. While the company's 10-year median is 88.95 vs. the industry median of 54.14, Bonny International 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.14, based on 1,016 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. Bonny International Holding's current Days Payable of 53.31 is 1.5% 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 Bonny International Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonny International Holding's current Days Payable is 53.31, which is 40% below median its own 10-year median of 88.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny International Holding stock overvalued right now?
Based on GuruFocus' analysis, Bonny International Holding (HKSE:01906) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.43, compared to a current price of HK$0.63 — trading 46.5% above its estimated fair value. The current Days Payable is 53.31, which is 40% below median its 10-year median of 88.95 and 1.5% below the Manufacturing - Apparel & Accessories industry median of 54.14. Bonny International Holding's overall GF Score™ is 44/100 with 7 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 Bonny International Holding (HKSE:01906), the current Days Payable is 53.31 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 Bonny International Holding (HKSE:01906) Overvalued in 2026?

Based on GuruFocus' analysis, Bonny International Holding stock appears to be overvalued. The current stock price of HK$0.63 is trading 46.5% above its estimated GF Value™ of HK$0.43. GuruFocus considers Bonny International Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01906:

  • Days Payable: 53.31 (40% below median its 10-year median of 88.95)
  • GF Value™: HK$0.43 vs. price of HK$0.63 (46.5% above fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 1.5% below the Manufacturing - Apparel & Accessories median (#448 of 1016)

No single metric tells the full story. See the HKSE:01906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonny International Holding Business Description

Address No. 129, Chunhan Road, Beiyuan Street, Zhejiang Province, Yiwu, CHN
Bonny International Holding Ltd is principally engaged in the manufacturing of intimate wear products for overseas apparel companies. The segments of the company are the Brand products segment, which involves the manufacture and sale of ladies Brassieres, Panties, and Thermal underwear with the Bonny brand to the domestic market; and the Original Design Manufacturer (ODM) products segment, which engages in the manufacture and sale of Seamless underwear or other ODM products for overseas customers or their agents. Geographically, the group derives key revenue from the United States, Mainland China, Germany, Canada, the Netherlands, and others, of which the maximum revenue is derived from Mainland China.
44GF Score

Get the complete analysis for HKSE:01906

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

HK$0.63
Price
HK$0.43
GF Value