Analogue Holdings (HKSE:01977) Days Payable: 40.16 (As of Dec. 2025) — Near Median

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HKSE:01977 Analogue Holdings Ltd HKSE:01977
65 GF Score
Price HK$0.94
GF Value HK$0.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Analogue Holdings Days Payable?

Analogue Holdings HKSE:01977 +1.08% 65 Days Payable is 40.16 as of Dec. 2025, which is 6% below its 10-year median of 42.67. GuruFocus rates HKSE:01977 with a GF Score™ of 65/100 and a GF Value™ of HK$0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Analogue Holdings ranks worse than 77.75% on this metric.

Analogue Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$594 Mil. Analogue Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,700 Mil. Hence, Analogue Holdings's Days Payable for the six months ended in Dec. 2025 was 40.16.

The historical rank and industry rank for Analogue Holdings's Days Payable or its related term are showing as below:

HKSE:01977' s Days Payable Range Over the Past 10 Years
Min: 31.22   Med: 42.67   Max: 49.86
Current: 42.06

During the past 10 years, Analogue Holdings's highest Days Payable was 49.86. The lowest was 31.22. And the median was 42.67.

HKSE:01977's Days Payable is ranked worse than
77.75% of 1721 companies
in the Construction industry
Industry Median: 76.51 vs HKSE:01977: 42.06

Analogue Holdings's Days Payable declined from Dec. 2024 (40.29) to Dec. 2025 (40.16). It may suggest that Analogue Holdings accelerated paying its suppliers.


Analogue Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Analogue 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.

Analogue Holdings Days Payable Chart

Analogue Holdings 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 39.02 42.46 49.86 43.38 42.31

Analogue Holdings Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only 38.61 43.43 40.29 43.94 40.16

HKSE:01977 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Analogue 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.


Analogue Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Analogue Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Analogue Holdings's Days Payable falls into.


HKSE:01977
65GF Score
Analogue Holdings Ltd HKSE:01977
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Analogue Holdings 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.

Analogue Holdings'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
=( (571.402 + 608.698) / 2 ) / 5089.88*365
=590.05 / 5089.88*365
=42.31

Analogue Holdings'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
=( (579.477 + 608.698) / 2 ) / 2699.917*365 / 2
=594.0875 / 2699.917*365 / 2
=40.16

* 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 40.16 mean?
Analogue Holdings (HKSE:01977) has a Days Payable of 40.16 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 Analogue Holdings and its competitors. This is near median its historical median of 42.67. Over the past decade, Analogue Holdings' Days Payable has ranged from 31.22 to 49.86. According to the industry distribution chart, Analogue Holdings ranks #1338 out of 1721 companies in the Construction industry, placing it in the top 77.7%.
Is Analogue Holdings' Days Payable too high?
Analogue Holdings' current Days Payable of 40.16 is near median its 10-year median of 42.67. Over the past 10 years, this metric has ranged from a low of 31.22 to a high of 49.86. The Construction industry median Days Payable is 76.51. Analogue Holdings' value of 40.16 is 47.5% below this industry median. Based on the distribution chart, Analogue Holdings ranks #1338 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Analogue Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Analogue Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Analogue Holdings ranks #1338 out of 1721 companies for Days Payable. This places Analogue Holdings in the lower half of its industry. The industry median Days Payable is 76.51. Analogue Holdings' value of 40.16 is 47.5% below this benchmark. Historically, Analogue Holdings' own Days Payable has ranged from 31.22 to 49.86 over the past decade. While the company's 10-year median is 42.67 vs. the industry median of 76.51, Analogue Holdings 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 Construction company?
The median Days Payable among Construction companies is 76.51, based on 1,721 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. Analogue Holdings's current Days Payable of 40.16 is 47.5% 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 Analogue Holdings and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analogue Holdings's current Days Payable is 40.16, which is near median its own 10-year median of 42.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analogue Holdings stock overvalued right now?
Based on GuruFocus' analysis, Analogue Holdings (HKSE:01977) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.95, compared to a current price of HK$0.94 — trading 1.1% below its estimated fair value. The current Days Payable is 40.16, which is near median its 10-year median of 42.67 and 47.5% below the Construction industry median of 76.51. Analogue Holdings' overall GF Score™ is 65/100 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 Analogue Holdings (HKSE:01977), the current Days Payable is 40.16 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 Analogue Holdings (HKSE:01977) Overvalued in 2026?

Based on GuruFocus' analysis, Analogue Holdings stock appears to be undervalued. The current stock price of HK$0.94 is trading 1.1% below its estimated GF Value™ of HK$0.95. GuruFocus considers Analogue Holdings to be Fairly Valued.

Key valuation signals for HKSE:01977:

  • Days Payable: 40.16 (near median its 10-year median of 42.67)
  • GF Value™: HK$0.95 vs. price of HK$0.94 (1.1% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 47.5% below the Construction median (#1338 of 1721)

No single metric tells the full story. See the HKSE:01977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Analogue Holdings Business Description

Address 45-51 Kwok Shui Road, ATAL Tower, Kwai Chung, New Territories, Hong Kong, HKG
Analogue Holdings Ltd is engaged in the provision of electrical and mechanical engineering building services, including the design, installation, testing and commissioning, and maintenance of heating, ventilation & air-conditioning systems, fire service systems, plumbing and drainage systems & electrical and extra low voltage system; total solutions for the design, construction, operation and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge & gas; ICBT for design, installation and servicing of a wide range of intelligent systems, information and communications technology, and Lifts and escalators for design, supply and installation of a wide range of lifts and escalators. Geographically, it generates majority of revenue from Hong Kong.
65GF Score

Get the complete analysis for HKSE:01977

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

HK$0.94
Price
HK$0.95
GF Value