Meihao Medical Group Co (HKSE:01947) Days Payable: 28.28 (As of Dec. 2025) — 47% Below Median

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HKSE:01947 Meihao Medical Group Co Ltd HKSE:01947
48 GF Score
Price HK$0.59
GF Value HK$0.40
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Meihao Medical Group Co Days Payable?

Meihao Medical Group Co HKSE:01947 48 Days Payable is 28.28 as of Dec. 2025, which is 47% below its 10-year median of 53.72. GuruFocus rates HKSE:01947 with a GF Score™ of 48/100 and a GF Value™ of HK$0.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 613 Healthcare Providers & Services companies, Meihao Medical Group Co ranks worse than 52.85% on this metric.

Meihao Medical Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$11.7 Mil. Meihao Medical Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$37.6 Mil. Hence, Meihao Medical Group Co's Days Payable for the six months ended in Dec. 2025 was 56.57.

The historical rank and industry rank for Meihao Medical Group Co's Days Payable or its related term are showing as below:

HKSE:01947' s Days Payable Range Over the Past 10 Years
Min: 43.6   Med: 53.72   Max: 62
Current: 53.96

During the past 7 years, Meihao Medical Group Co's highest Days Payable was 62.00. The lowest was 43.60. And the median was 53.72.

HKSE:01947's Days Payable is ranked worse than
52.85% of 613 companies
in the Healthcare Providers & Services industry
Industry Median: 58.16 vs HKSE:01947: 53.96

Meihao Medical Group Co's Days Payable increased from Dec. 2024 (23.78) to Dec. 2025 (28.28). It may suggest that Meihao Medical Group Co delayed paying its suppliers.


Meihao Medical Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Meihao Medical Group Co'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.

Meihao Medical Group Co Days Payable Chart

Meihao Medical Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 42.06 41.77 54.19 50.42 54.95

Meihao Medical Group Co Semi-Annual Data
Dec19 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 28.61 29.77 23.78 26.31 28.28

HKSE:01947 vs HCA, THC, EHC: Days Payable Comparison

For the Medical Care Facilities subindustry, Meihao Medical Group 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.


Meihao Medical Group Co Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Meihao Medical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Meihao Medical Group Co's Days Payable falls into.


HKSE:01947
48GF Score
Meihao Medical Group Co Ltd HKSE:01947
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Meihao Medical Group Co 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.

Meihao Medical Group Co'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
=( (6.9780385861561 + 13.24324964404) / 2 ) / 67.16127877874*365
=10.110644115098 / 67.16127877874*365
=54.95

Meihao Medical Group Co'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
=( (10.087614262787 + 13.24324964404) / 2 ) / 37.634678750291*365 / 2
=11.665431953413 / 37.634678750291*365 / 2
=56.57

* 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 28.28 mean?
Meihao Medical Group Co (HKSE:01947) has a Days Payable of 28.28 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 Meihao Medical Group Co and its competitors. This is 47% below median its historical median of 53.72. Over the past decade, Meihao Medical Group Co's Days Payable has ranged from 43.60 to 62.00. According to the industry distribution chart, Meihao Medical Group Co ranks #324 out of 613 companies in the Healthcare Providers & Services industry, placing it in the top 52.9%.
Is Meihao Medical Group Co's Days Payable too high?
Meihao Medical Group Co's current Days Payable of 28.28 is 47% below median its 10-year median of 53.72. Over the past 10 years, this metric has ranged from a low of 43.60 to a high of 62.00. The Healthcare Providers & Services industry median Days Payable is 58.16. Meihao Medical Group Co's value of 28.28 is 51.4% below this industry median. Based on the distribution chart, Meihao Medical Group Co ranks #324 out of 613 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Meihao Medical Group Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meihao Medical Group Co's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Meihao Medical Group Co ranks #324 out of 613 companies for Days Payable. This places Meihao Medical Group Co in the lower half of its industry. The industry median Days Payable is 58.16. Meihao Medical Group Co's value of 28.28 is 51.4% below this benchmark. Historically, Meihao Medical Group Co's own Days Payable has ranged from 43.60 to 62.00 over the past decade. While the company's 10-year median is 53.72 vs. the industry median of 58.16, Meihao Medical Group Co 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.16, based on 613 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. Meihao Medical Group Co's current Days Payable of 28.28 is 51.4% 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 Meihao Medical Group Co and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meihao Medical Group Co's current Days Payable is 28.28, which is 47% below median its own 10-year median of 53.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meihao Medical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meihao Medical Group Co (HKSE:01947) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.59 — trading 46.3% above its estimated fair value. The current Days Payable is 28.28, which is 47% below median its 10-year median of 53.72 and 51.4% below the Healthcare Providers & Services industry median of 58.16. Meihao Medical Group Co's overall GF Score™ is 48/100 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 Meihao Medical Group Co (HKSE:01947), the current Days Payable is 28.28 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 Meihao Medical Group Co (HKSE:01947) Overvalued in 2026?

Based on GuruFocus' analysis, Meihao Medical Group Co stock appears to be overvalued. The current stock price of HK$0.59 is trading 46.3% above its estimated GF Value™ of HK$0.40. GuruFocus considers Meihao Medical Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:01947:

  • Days Payable: 28.28 (47% below median its 10-year median of 53.72)
  • GF Value™: HK$0.40 vs. price of HK$0.59 (46.3% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 51.4% below the Healthcare Providers & Services median (#324 of 613)

No single metric tells the full story. See the HKSE:01947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meihao Medical Group Co Business Description

Address 197 Fuqian Street, Lucheng District, Zhejiang Province, Wenzhou, CHN
Meihao Medical Group Co Ltd is a dental service provider in Wenzhou. It offers services to individuals and covers principally four dental sectors: general dentistry, reparative dentistry, implant dentistry, orthodontics, and cosmetic dentistry. The company generates all of its revenue from Mainland China from dental services.
48GF Score

Get the complete analysis for HKSE:01947

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

HK$0.59
Price
HK$0.40
GF Value