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Hingtex HoldingsHKSE:01968 +7.55%46 Days Payable is 72.03 as of Dec. 2025, which is 6% below its 10-year median of 76.95. GuruFocus rates HKSE:01968 with a GF Score™ of 46/100 and a GF Value™ of HK$0.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Hingtex Holdings ranks better than 67.62% on this metric.
The historical rank and industry rank for Hingtex Holdings's Days Payable or its related term are showing as below:
HKSE:01968'
s Days Payable Range Over the Past 10 Years
Min: 59.73 Med: 76.95 Max: 137.88
Current: 79.16
During the past 11 years, Hingtex Holdings's highest Days Payable was 137.88. The lowest was 59.73. And the median was 76.95.
HKSE:01968's Days Payable is ranked better than 67.62% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.14
vs HKSE:01968: 79.16
Hingtex Holdings's Days Payable
declined
from Dec. 2024 (88.31) to Dec. 2025 (72.03).
It may suggest that Hingtex Holdingsaccelerated paying its suppliers.
The historical data trend for Hingtex Holdings'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.
Hingtex Holdings Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Hingtex Holdings'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.
Hingtex Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hingtex Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Hingtex Holdings'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.
Hingtex Holdings'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.
Hingtex Holdings (HKSE:01968) has a Days Payable of 72.03 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 Hingtex Holdings and its competitors. This is near median its historical median of 76.95. Over the past decade, Hingtex Holdings' Days Payable has ranged from 59.73 to 137.88. According to the industry distribution chart, Hingtex Holdings ranks #330 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.4%.
Is Hingtex Holdings' Days Payable too high?
Hingtex Holdings' current Days Payable of 72.03 is near median its 10-year median of 76.95. Over the past 10 years, this metric has ranged from a low of 59.73 to a high of 137.88. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.14. Hingtex Holdings' value of 72.03 is 33% above this industry median. Based on the distribution chart, Hingtex Holdings ranks #330 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hingtex Holdings has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hingtex Holdings' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hingtex Holdings ranks #330 out of 1019 companies for Days Payable. This puts Hingtex Holdings in the upper half of its industry. The industry median Days Payable is 54.14. Hingtex Holdings' value of 72.03 is 33% above this benchmark. Historically, Hingtex Holdings' own Days Payable has ranged from 59.73 to 137.88 over the past decade. While the company's 10-year median is 76.95 vs. the industry median of 54.14, Hingtex Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.14, based on 1,019 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. Hingtex Holdings's current Days Payable of 72.03 is 33% 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 Hingtex Holdings 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. Hingtex Holdings's current Days Payable is 72.03, which is near median its own 10-year median of 76.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hingtex Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hingtex Holdings (HKSE:01968) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.17 — trading 22.1% above its estimated fair value. The current Days Payable is 72.03, which is near median its 10-year median of 76.95 and 33% above the Manufacturing - Apparel & Accessories industry median of 54.14. Hingtex Holdings' overall GF Score™ is 46/100 with 5 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 Hingtex Holdings (HKSE:01968), the current Days Payable is 72.03 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 Hingtex Holdings (HKSE:01968) Overvalued in 2026?
Based on GuruFocus' analysis, Hingtex Holdings stock appears to be overvalued.
The current stock price of HK$0.17 is trading 22.1% above its estimated GF Value™ of HK$0.14.
GuruFocus considers Hingtex Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:01968:
Days Payable: 72.03 (near median its 10-year median of 76.95)
GF Value™: HK$0.14 vs. price of HK$0.17 (22.1% above fair value)
Industry Position: 33% above the Manufacturing - Apparel & Accessories median (#330 of 1019)
No single metric tells the full story. See the HKSE:01968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hingtex Holdings Ltd manufactures and sells denim fabric. It sells denim fabrics and yarns directly to customers, which mainly include garment manufacturers. The company's denim fabrics are categorized into three types, namely non-stretchable denim fabrics, stretchable cotton denim fabrics, and stretchable blended denim fabrics. Its operating segments include the Denim fabrics segment and the Property renovation services segment. Geographically, it has a world-wide business presence and derives key revenue from Bangladesh.
46GF Score
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