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.
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.
Microware GroupHKSE:01985 +3.13%60 Days Payable is 48.66 as of Mar. 2026, which is 19% below its 10-year median of 60.36. GuruFocus rates HKSE:01985 with a GF Score™ of 60/100 and a GF Value™ of HK$1.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,611 Software companies, Microware Group ranks better than 53.24% on this metric.
The historical rank and industry rank for Microware Group's Days Payable or its related term are showing as below:
HKSE:01985'
s Days Payable Range Over the Past 10 Years
Min: 53.03 Med: 60.36 Max: 82.53
Current: 58.11
During the past 13 years, Microware Group's highest Days Payable was 82.53. The lowest was 53.03. And the median was 60.36.
HKSE:01985's Days Payable is ranked better than 53.24% of 2611
companies
in the Software industry
Industry Median: 52.64
vs HKSE:01985: 58.11
Microware Group's Days Payable
declined
from Mar. 2025 (55.96) to Mar. 2026 (48.66).
It may suggest that Microware Groupaccelerated paying its suppliers.
The historical data trend for Microware 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:01985 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Microware 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.
Microware Group Days Payable vs Software Industry
For the Software industry and Technology sector, Microware Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Microware 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.
Microware Group's Days Payable for the fiscal year that ended in Mar. 2026 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.
Microware Group (HKSE:01985) has a Days Payable of 48.66 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Microware Group and its competitors. This is 19% below median its historical median of 60.36. Over the past decade, Microware Group's Days Payable has ranged from 53.03 to 82.53. According to the industry distribution chart, Microware Group ranks #1221 out of 2611 companies in the Software industry, placing it in the top 46.8%.
Is Microware Group's Days Payable too high?
Microware Group's current Days Payable of 48.66 is 19% below median its 10-year median of 60.36. Over the past 10 years, this metric has ranged from a low of 53.03 to a high of 82.53. The Software industry median Days Payable is 52.64. Microware Group's value of 48.66 is 7.6% below this industry median. Based on the distribution chart, Microware Group ranks #1221 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, Microware Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microware Group's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Microware Group ranks #1221 out of 2611 companies for Days Payable. This puts Microware Group in the upper half of its industry. The industry median Days Payable is 52.64. Microware Group's value of 48.66 is 7.6% below this benchmark. Historically, Microware Group's own Days Payable has ranged from 53.03 to 82.53 over the past decade. While the company's 10-year median is 60.36 vs. the industry median of 52.64, Microware 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 Software company?
The median Days Payable among Software companies is 52.64, based on 2,611 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. Microware Group's current Days Payable of 48.66 is 7.6% 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 Microware Group and its competitors. For the Software industry, the median Days Payable is 52.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microware Group's current Days Payable is 48.66, which is 19% below median its own 10-year median of 60.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microware Group stock overvalued right now?
Based on GuruFocus' analysis, Microware Group (HKSE:01985) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.15, compared to a current price of HK$2.97 — trading 158.3% above its estimated fair value. The current Days Payable is 48.66, which is 19% below median its 10-year median of 60.36 and 7.6% below the Software industry median of 52.64. Microware Group's overall GF Score™ is 60/100 with 3 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 Microware Group (HKSE:01985), the current Days Payable is 48.66 as of Mar. 2026. 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 Microware Group (HKSE:01985) Overvalued in 2026?
Based on GuruFocus' analysis, Microware Group stock appears to be overvalued.
The current stock price of HK$2.97 is trading 158.3% above its estimated GF Value™ of HK$1.15.
GuruFocus considers Microware Group to be Significantly Overvalued.
Key valuation signals for HKSE:01985:
Days Payable: 48.66 (19% below median its 10-year median of 60.36)
GF Value™: HK$1.15 vs. price of HK$2.97 (158.3% above fair value)
Industry Position: 7.6% below the Software median (#1221 of 2611)
No single metric tells the full story. See the HKSE:01985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microware Group Ltd is an investment holding company. The company is principally engaged in the provision of IT infrastructure solutions services and IT managed services in Hong Kong. The group strives to provide one-stop IT experience that begins with consultation and advice; semiconductor products, hardware and/or software procurement; implementation; and management and maintenance of the IT infrastructure solutions. Its operating segment includes IT infrastructure solution services business; and IT managed services business of which the majority of revenue is derived from IT infrastructure solution services business. Its revenue is derived from its operation in Hong Kong.
60GF Score
Get the complete analysis for HKSE:01985
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01985 has been successfully added to your 
