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CPM GroupHKSE:01932 -1.33%26 Days Payable is 219.95 as of Dec. 2025, which is 28% above its 10-year median of 171.88. GuruFocus rates HKSE:01932 with a GF Score™ of 26/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,559 Chemicals companies, CPM Group ranks better than 96.79% on this metric.
CPM Group's average Accounts Payable for the
six
months ended in Dec. 2025 was HK$91.8 Mil. CPM Group's Cost of Goods Sold for the
six
months ended in Dec. 2025 was HK$76.1 Mil.
Hence, CPM Group's Days Payable for the
six
months ended in Dec. 2025 was 219.95.
The historical rank and industry rank for CPM Group's Days Payable or its related term are showing as below:
HKSE:01932'
s Days Payable Range Over the Past 10 Years
Min: 116.56 Med: 171.88 Max: 305.03
Current: 267.54
During the past 12 years, CPM Group's highest Days Payable was 305.03. The lowest was 116.56. And the median was 171.88.
HKSE:01932's Days Payable is ranked better than 96.79% of 1559
companies
in the Chemicals industry
Industry Median: 59.86
vs HKSE:01932: 267.54
CPM Group's Days Payable
declined
from Dec. 2024 (238.36) to Dec. 2025 (219.95).
It may suggest that CPM Groupaccelerated paying its suppliers.
The historical data trend for CPM Group'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.
HKSE:01932 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, CPM Group'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.
CPM Group Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CPM Group's Days Payable distribution charts can be found below:
* The bar in red indicates where CPM Group'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.
CPM Group'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.
CPM Group (HKSE:01932) has a Days Payable of 219.95 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 CPM Group and its competitors. This is 28% above median its historical median of 171.88. Over the past decade, CPM Group's Days Payable has ranged from 116.56 to 305.03. According to the industry distribution chart, CPM Group ranks #50 out of 1559 companies in the Chemicals industry, placing it in the top 3.2%.
Is CPM Group's Days Payable too high?
CPM Group's current Days Payable of 219.95 is 28% above median its 10-year median of 171.88. Over the past 10 years, this metric has ranged from a low of 116.56 to a high of 305.03. The Chemicals industry median Days Payable is 59.86. CPM Group's value of 219.95 is 267.4% above this industry median. Based on the distribution chart, CPM Group ranks #50 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, CPM Group has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPM Group's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, CPM Group ranks #50 out of 1559 companies for Days Payable. This places CPM Group in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.86. CPM Group's value of 219.95 is 267.4% above this benchmark. Historically, CPM Group's own Days Payable has ranged from 116.56 to 305.03 over the past decade. While the company's 10-year median is 171.88 vs. the industry median of 59.86, CPM Group 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.86, based on 1,559 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. CPM Group's current Days Payable of 219.95 is 267.4% 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 CPM Group and its competitors. For the Chemicals industry, the median Days Payable is 59.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPM Group's current Days Payable is 219.95, which is 28% above median its own 10-year median of 171.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPM Group stock overvalued right now?
Based on GuruFocus' analysis, CPM Group (HKSE:01932) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.15 — trading 34.5% above its estimated fair value. The current Days Payable is 219.95, which is 28% above median its 10-year median of 171.88 and 267.4% above the Chemicals industry median of 59.86. CPM Group's overall GF Score™ is 26/100 with 2 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 CPM Group (HKSE:01932), the current Days Payable is 219.95 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 CPM Group (HKSE:01932) Overvalued in 2026?
Based on GuruFocus' analysis, CPM Group stock appears to be overvalued.
The current stock price of HK$0.15 is trading 34.5% above its estimated GF Value™ of HK$0.11.
GuruFocus considers CPM Group to be Significantly Overvalued.
Key valuation signals for HKSE:01932:
Days Payable: 219.95 (28% above median its 10-year median of 171.88)
GF Value™: HK$0.11 vs. price of HK$0.15 (34.5% above fair value)
Industry Position: 267.4% above the Chemicals median (#50 of 1559)
No single metric tells the full story. See the HKSE:01932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which derives key revenue and participates in manufacturing and selling paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland China and Hong Kong markets. The company derives the majority of revenue from Mainland China.
26GF Score
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