Jiujiuwang Food International (HKSE:01927) Days Payable: 3.70 (As of Dec. 2025) — 71% Below Median

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HKSE:01927 Jiujiuwang Food International Ltd HKSE:01927
48 GF Score
Price HK$0.26
GF Value HK$0.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Jiujiuwang Food International Days Payable?

Jiujiuwang Food International HKSE:01927 48 Days Payable is 3.70 as of Dec. 2025, which is 71% below its 10-year median of 12.60. GuruFocus rates HKSE:01927 with a GF Score™ of 48/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Jiujiuwang Food International ranks worse than 98.31% on this metric.

Jiujiuwang Food International's average Accounts Payable for the six months ended in Dec. 2025 was HK$2.3 Mil. Jiujiuwang Food International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$112.3 Mil. Hence, Jiujiuwang Food International's Days Payable for the six months ended in Dec. 2025 was 3.70.

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

HKSE:01927' s Days Payable Range Over the Past 10 Years
Min: 4.13   Med: 12.6   Max: 116.59
Current: 4.13

During the past 9 years, Jiujiuwang Food International's highest Days Payable was 116.59. The lowest was 4.13. And the median was 12.60.

HKSE:01927's Days Payable is ranked worse than
98.31% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs HKSE:01927: 4.13

Jiujiuwang Food International's Days Payable declined from Dec. 2024 (6.50) to Dec. 2025 (3.70). It may suggest that Jiujiuwang Food International accelerated paying its suppliers.


Jiujiuwang Food International Days Payable Historical Data

* Premium members only.

The historical data trend for Jiujiuwang Food International'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.

Jiujiuwang Food International Days Payable Chart

Jiujiuwang Food International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 6.89 11.82 12.60 8.05 4.95

Jiujiuwang Food International Semi-Annual Data
Dec17 Dec18 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 12.56 7.04 6.50 3.71 3.70

HKSE:01927 vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Jiujiuwang Food International'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.


Jiujiuwang Food International Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiujiuwang Food International's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiujiuwang Food International's Days Payable falls into.


HKSE:01927
48GF Score
Jiujiuwang Food International Ltd HKSE:01927
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiujiuwang Food International 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.

Jiujiuwang Food International'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
=( (3.883 + 2.898) / 2 ) / 249.963*365
=3.3905 / 249.963*365
=4.95

Jiujiuwang Food International'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
=( (1.652 + 2.898) / 2 ) / 112.324*365 / 2
=2.275 / 112.324*365 / 2
=3.70

* 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 3.70 mean?
Jiujiuwang Food International (HKSE:01927) has a Days Payable of 3.70 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 Jiujiuwang Food International and its competitors. This is 71% below median its historical median of 12.60. Over the past decade, Jiujiuwang Food International's Days Payable has ranged from 4.13 to 116.59. According to the industry distribution chart, Jiujiuwang Food International ranks #1862 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 98.3%.
Is Jiujiuwang Food International's Days Payable too high?
Jiujiuwang Food International's current Days Payable of 3.70 is 71% below median its 10-year median of 12.60. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 116.59. The Consumer Packaged Goods industry median Days Payable is 44.15. Jiujiuwang Food International's value of 3.70 is 91.6% below this industry median. Based on the distribution chart, Jiujiuwang Food International ranks #1862 out of 1894 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Jiujiuwang Food International has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiujiuwang Food International's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Jiujiuwang Food International ranks #1862 out of 1894 companies for Days Payable. This places Jiujiuwang Food International in the lower half of its industry. The industry median Days Payable is 44.15. Jiujiuwang Food International's value of 3.70 is 91.6% below this benchmark. Historically, Jiujiuwang Food International's own Days Payable has ranged from 4.13 to 116.59 over the past decade. While the company's 10-year median is 12.60 vs. the industry median of 44.15, Jiujiuwang Food International 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 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. Jiujiuwang Food International's current Days Payable of 3.70 is 91.6% 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 Jiujiuwang Food International and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiujiuwang Food International's current Days Payable is 3.70, which is 71% below median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiujiuwang Food International stock overvalued right now?
Based on GuruFocus' analysis, Jiujiuwang Food International (HKSE:01927) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.26 — trading 116.7% above its estimated fair value. The current Days Payable is 3.70, which is 71% below median its 10-year median of 12.60 and 91.6% below the Consumer Packaged Goods industry median of 44.15. Jiujiuwang Food International's overall GF Score™ is 48/100 with 9 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 Jiujiuwang Food International (HKSE:01927), the current Days Payable is 3.70 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 Jiujiuwang Food International (HKSE:01927) Overvalued in 2026?

Based on GuruFocus' analysis, Jiujiuwang Food International stock appears to be overvalued. The current stock price of HK$0.26 is trading 116.7% above its estimated GF Value™ of HK$0.12. GuruFocus considers Jiujiuwang Food International to be Significantly Overvalued.

Key valuation signals for HKSE:01927:

  • Days Payable: 3.70 (71% below median its 10-year median of 12.60)
  • GF Value™: HK$0.12 vs. price of HK$0.26 (116.7% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 91.6% below the Consumer Packaged Goods median (#1862 of 1894)

No single metric tells the full story. See the HKSE:01927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiujiuwang Food International Business Description

Address No. 398 Ping An East Road, Luoshan Street, Xukeng Industrial Zone, Fujian Province, Jinjiang, CHN
Jiujiuwang Food International Ltd is a manufacturer of confectionery products. The company manufactures and sells confectionery products, including gum-based candies, tablet candies, aerated candies, and hard candies. The company derives the majority of its revenue from the PRC. The Group currently operates one operating segment, which is revenue from the sale of confectionery products. The confectionery products, such as aerated candies, gum-based candies, hard candies, tablet candies, and chocolate-made products, in the PRC.
48GF Score

Get the complete analysis for HKSE:01927

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

HK$0.26
Price
HK$0.12
GF Value