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Asiaray Media GroupHKSE:01993 +6.38%32 Days Payable is 81.41 as of Dec. 2025, which is 107% above its 10-year median of 39.30. GuruFocus rates HKSE:01993 with a GF Score™ of 32/100 and a GF Value™ of HK$0.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 912 Media - Diversified companies, Asiaray Media Group ranks worse than 55.48% on this metric.
The historical rank and industry rank for Asiaray Media Group's Days Payable or its related term are showing as below:
HKSE:01993'
s Days Payable Range Over the Past 10 Years
Min: 26.43 Med: 39.3 Max: 86.9
Current: 69.44
During the past 13 years, Asiaray Media Group's highest Days Payable was 86.90. The lowest was 26.43. And the median was 39.30.
HKSE:01993's Days Payable is ranked worse than 55.48% of 912
companies
in the Media - Diversified industry
Industry Median: 82.635
vs HKSE:01993: 69.44
Asiaray Media Group's Days Payable
increased
from Dec. 2024 (33.11) to Dec. 2025 (81.41).
It may suggest that Asiaray Media Groupdelayed paying its suppliers.
The historical data trend for Asiaray Media 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:01993 vs APP, OMC, TTD: Days Payable Comparison
For the Advertising Agencies subindustry, Asiaray Media 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.
Asiaray Media Group Days Payable vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Asiaray Media Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Asiaray Media 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.
Asiaray Media Group'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.
Asiaray Media Group (HKSE:01993) has a Days Payable of 81.41 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 Asiaray Media Group and its competitors. This is 107% above median its historical median of 39.30. Over the past decade, Asiaray Media Group's Days Payable has ranged from 26.43 to 86.90. According to the industry distribution chart, Asiaray Media Group ranks #506 out of 912 companies in the Media - Diversified industry, placing it in the top 55.5%.
Is Asiaray Media Group's Days Payable too high?
Asiaray Media Group's current Days Payable of 81.41 is 107% above median its 10-year median of 39.30. Over the past 10 years, this metric has ranged from a low of 26.43 to a high of 86.90. The Media - Diversified industry median Days Payable is 82.64. Asiaray Media Group's value of 81.41 is 1.5% below this industry median. Based on the distribution chart, Asiaray Media Group ranks #506 out of 912 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's Days Payable compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Asiaray Media Group ranks #506 out of 912 companies for Days Payable. This places Asiaray Media Group in the lower half of its industry. The industry median Days Payable is 82.64. Asiaray Media Group's value of 81.41 is 1.5% below this benchmark. Historically, Asiaray Media Group's own Days Payable has ranged from 26.43 to 86.90 over the past decade. While the company's 10-year median is 39.30 vs. the industry median of 82.64, Asiaray Media 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.64, based on 912 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. Asiaray Media Group's current Days Payable of 81.41 is 1.5% 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 Asiaray Media Group and its competitors. For the Media - Diversified industry, the median Days Payable is 82.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiaray Media Group's current Days Payable is 81.41, which is 107% above median its own 10-year median of 39.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.50 — trading 10.7% below its estimated fair value. The current Days Payable is 81.41, which is 107% above median its 10-year median of 39.30 and 1.5% below the Media - Diversified industry median of 82.64. Asiaray Media Group's overall GF Score™ is 32/100 with 6 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 Asiaray Media Group (HKSE:01993), the current Days Payable is 81.41 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 Asiaray Media Group (HKSE:01993) Overvalued in 2026?
Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued.
The current stock price of HK$0.50 is trading 10.7% below its estimated GF Value™ of HK$0.56.
GuruFocus considers Asiaray Media Group to be Modestly Undervalued.
Key valuation signals for HKSE:01993:
Days Payable: 81.41 (107% above median its 10-year median of 39.30)
GF Value™: HK$0.56 vs. price of HK$0.50 (10.7% below fair value)
Industry Position: 1.5% below the Media - Diversified median (#506 of 912)
No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score
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