China New Higher Education Group (HKSE:02001) Days Payable: 0.00 (As of Feb. 2026)

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HKSE:02001 China New Higher Education Group Ltd HKSE:02001
82 GF Score
Price HK$0.58
GF Value HK$1.63
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is China New Higher Education Group Days Payable?

China New Higher Education Group HKSE:02001 -1.69% 82 Days Payable is 0.00 as of Feb. 2026. GuruFocus rates HKSE:02001 with a GF Score™ of 82/100 and a GF Value™ of HK$1.63 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 210 Education companies, China New Higher Education Group ranks worse than 476190% on this metric.

China New Higher Education Group's average Accounts Payable for the six months ended in Feb. 2026 was HK$0 Mil. China New Higher Education Group's Cost of Goods Sold for the six months ended in Feb. 2026 was HK$1,031 Mil. Hence, China New Higher Education Group's Days Payable for the six months ended in Feb. 2026 was 0.00.

The historical rank and industry rank for China New Higher Education Group's Days Payable or its related term are showing as below:

HKSE:02001's Days Payable is not ranked *
in the Education industry.
Industry Median: 34.365
* Ranked among companies with meaningful Days Payable only.

China New Higher Education Group's Days Payable stayed the same from Feb. 2025 (0.00) to Feb. 2026 (0.00).


China New Higher Education Group Days Payable Related Terms


China New Higher Education Group Days Payable Historical Data

* Premium members only.

The historical data trend for China New Higher Education 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.

China New Higher Education Group Days Payable Chart

China New Higher Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China New Higher Education Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HKSE:02001 vs EDU, TAL, LAUR: Days Payable Comparison

For the Education & Training Services subindustry, China New Higher Education 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.


China New Higher Education Group Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Days Payable falls into.


HKSE:02001
82GF Score
China New Higher Education Group Ltd HKSE:02001
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China New Higher Education 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.

China New Higher Education Group's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 1829.087*365
=0 / 1829.087*365
=0.00

China New Higher Education Group's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 1030.916*365 / 2
=0 / 1030.916*365 / 2
=0.00

* 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 0.00 mean?
China New Higher Education Group (HKSE:02001) has a Days Payable of 0.00 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China New Higher Education Group and its competitors. According to the industry distribution chart, China New Higher Education Group ranks #999999 out of 210 companies in the Education industry.
Is China New Higher Education Group's Days Payable too high?
China New Higher Education Group's current Days Payable is 0.00. Based on the distribution chart, China New Higher Education Group ranks #999999 out of 210 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, China New Higher Education Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China New Higher Education Group's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, China New Higher Education Group ranks #999999 out of 210 companies for Days Payable. This places China New Higher Education Group in the lower half of its industry. The industry median Days Payable is 34.37. 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 an Education company?
The median Days Payable among Education companies is 34.37, based on 210 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. 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 China New Higher Education Group and its competitors. For the Education industry, the median Days Payable is 34.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China New Higher Education Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Higher Education Group stock overvalued right now?
Based on GuruFocus' analysis, China New Higher Education Group (HKSE:02001) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.63, compared to a current price of HK$0.58 — trading 64.4% below its estimated fair value. The current Days Payable is 0.00. China New Higher Education Group's overall GF Score™ is 82/100 with 4 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 China New Higher Education Group (HKSE:02001), the current Days Payable is 0.00 as of Feb. 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 China New Higher Education Group (HKSE:02001) Overvalued in 2026?

Based on GuruFocus' analysis, China New Higher Education Group stock appears to be undervalued. The current stock price of HK$0.58 is trading 64.4% below its estimated GF Value™ of HK$1.63. GuruFocus considers China New Higher Education Group to be Possible Value Trap.

Key valuation signals for HKSE:02001:

  • Days Payable: 0.00
  • GF Value™: HK$1.63 vs. price of HK$0.58 (64.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China New Higher Education Group Business Description

Other Exchanges 8CN:Germany
Address 5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group Ltd is engaged in the operations of Yunnan School, Guizhou School, Central China School, Northeast School, Luoyang School, Guangxi Schools, Gansu School and Zhengzhou School. The Group provides education services in the PRC and operates within one geographical location, as all revenues were generated in the PRC.
82GF Score

Get the complete analysis for HKSE:02001

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

HK$0.58
Price
HK$1.63
GF Value