Zhong Ju Investment Group (HKSE:01959) Days Payable: 8.06 (As of Dec. 2025) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01959 Zhong Ju Investment Group Ltd HKSE:01959
37 GF Score
Price HK$1.97
GF Value HK$0.11
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zhong Ju Investment Group Days Payable?

Zhong Ju Investment Group HKSE:01959 -3.90% 37 Days Payable is 8.06 as of Dec. 2025, which is 71% below its 10-year median of 27.66. GuruFocus rates HKSE:01959 with a GF Score™ of 37/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Zhong Ju Investment Group ranks worse than 96.94% on this metric.

Zhong Ju Investment Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$21.0 Mil. Zhong Ju Investment Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$475.3 Mil. Hence, Zhong Ju Investment Group's Days Payable for the six months ended in Dec. 2025 was 8.06.

The historical rank and industry rank for Zhong Ju Investment Group's Days Payable or its related term are showing as below:

HKSE:01959' s Days Payable Range Over the Past 10 Years
Min: 8.15   Med: 27.66   Max: 42.54
Current: 9.56

During the past 10 years, Zhong Ju Investment Group's highest Days Payable was 42.54. The lowest was 8.15. And the median was 27.66.

HKSE:01959's Days Payable is ranked worse than
96.94% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs HKSE:01959: 9.56

Zhong Ju Investment Group's Days Payable declined from Dec. 2024 (16.20) to Dec. 2025 (8.06). It may suggest that Zhong Ju Investment Group accelerated paying its suppliers.


Zhong Ju Investment Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zhong Ju Investment 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.

Zhong Ju Investment Group Days Payable Chart

Zhong Ju Investment Group 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 31.20 25.60 28.44 23.57 8.15

Zhong Ju Investment Group Semi-Annual Data
Dec16 Dec17 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 22.73 23.06 16.20 12.41 8.06

HKSE:01959 vs CVNA, PAG, KMX: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Zhong Ju Investment 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.


Zhong Ju Investment Group Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhong Ju Investment Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhong Ju Investment Group's Days Payable falls into.


HKSE:01959
37GF Score
Zhong Ju Investment Group Ltd HKSE:01959
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhong Ju Investment Group 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.

Zhong Ju Investment Group'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
=( (32.883 + 9.916) / 2 ) / 957.915*365
=21.3995 / 957.915*365
=8.15

Zhong Ju Investment Group'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
=( (32.066 + 9.916) / 2 ) / 475.324*365 / 2
=20.991 / 475.324*365 / 2
=8.06

* 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 8.06 mean?
Zhong Ju Investment Group (HKSE:01959) has a Days Payable of 8.06 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 Zhong Ju Investment Group and its competitors. This is 71% below median its historical median of 27.66. Over the past decade, Zhong Ju Investment Group's Days Payable has ranged from 8.15 to 42.54. According to the industry distribution chart, Zhong Ju Investment Group ranks #1266 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 96.9%.
Is Zhong Ju Investment Group's Days Payable too high?
Zhong Ju Investment Group's current Days Payable of 8.06 is 71% below median its 10-year median of 27.66. Over the past 10 years, this metric has ranged from a low of 8.15 to a high of 42.54. The Vehicles & Parts industry median Days Payable is 67.14. Zhong Ju Investment Group's value of 8.06 is 88% below this industry median. Based on the distribution chart, Zhong Ju Investment Group ranks #1266 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Zhong Ju Investment Group has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhong Ju Investment Group's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zhong Ju Investment Group ranks #1266 out of 1306 companies for Days Payable. This places Zhong Ju Investment Group in the lower half of its industry. The industry median Days Payable is 67.14. Zhong Ju Investment Group's value of 8.06 is 88% below this benchmark. Historically, Zhong Ju Investment Group's own Days Payable has ranged from 8.15 to 42.54 over the past decade. While the company's 10-year median is 27.66 vs. the industry median of 67.14, Zhong Ju Investment Group 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Zhong Ju Investment Group's current Days Payable of 8.06 is 88% 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 Zhong Ju Investment Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Ju Investment Group's current Days Payable is 8.06, which is 71% below median its own 10-year median of 27.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Ju Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Zhong Ju Investment Group (HKSE:01959) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$1.97 — trading 1690.9% above its estimated fair value. The current Days Payable is 8.06, which is 71% below median its 10-year median of 27.66 and 88% below the Vehicles & Parts industry median of 67.14. Zhong Ju Investment Group's overall GF Score™ is 37/100 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 Zhong Ju Investment Group (HKSE:01959), the current Days Payable is 8.06 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 Zhong Ju Investment Group (HKSE:01959) Overvalued in 2026?

Based on GuruFocus' analysis, Zhong Ju Investment Group stock appears to be overvalued. The current stock price of HK$1.97 is trading 1690.9% above its estimated GF Value™ of HK$0.11. GuruFocus considers Zhong Ju Investment Group to be Significantly Overvalued.

Key valuation signals for HKSE:01959:

  • Days Payable: 8.06 (71% below median its 10-year median of 27.66)
  • GF Value™: HK$0.11 vs. price of HK$1.97 (1690.9% above fair value)
  • GF Score™: 37/100 with 2 warning signs
  • Industry Position: 88% below the Vehicles & Parts median (#1266 of 1306)

No single metric tells the full story. See the HKSE:01959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhong Ju Investment Group Business Description

Address No.40, Rainbow Road, Western District, Guangdong Province, Zhongshan, CHN, 528400
Zhong Ju Investment Group Ltd is an investment holding company engaged in the sale and service of motor vehicles and the provision of services in the PRC. As a 4S dealership group providing one-stop car services, the Group offers a series of one-stop services, such as after-sales services and customer feedback, in addition to car sales. Other integrated auto services provided by the Group include repair and maintenance services, sales of spare parts, insurance agency services, and other services. The company derives all its revenue from Mainland China.
37GF Score

Get the complete analysis for HKSE:01959

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

HK$1.97
Price
HK$0.11
GF Value