Zall Smart Commerce Group (HKSE:02098) Days Payable: 31.55 (As of Dec. 2025) — 27% Below Median

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What is Zall Smart Commerce Group Days Payable?

Zall Smart Commerce Group HKSE:02098 Days Payable is 31.55 as of Dec. 2025, which is 27% below its 10-year median of 42.97. The stock has 3 warning signs investors should review. Among 501 Conglomerates companies, Zall Smart Commerce Group ranks worse than 82.83% on this metric.

Zall Smart Commerce Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$12,183 Mil. Zall Smart Commerce Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$70,481 Mil. Hence, Zall Smart Commerce Group's Days Payable for the six months ended in Dec. 2025 was 31.55.

The historical rank and industry rank for Zall Smart Commerce Group's Days Payable or its related term are showing as below:

HKSE:02098' s Days Payable Range Over the Past 10 Years
Min: 27.12   Med: 42.97   Max: 575.15
Current: 28.81

During the past 13 years, Zall Smart Commerce Group's highest Days Payable was 575.15. The lowest was 27.12. And the median was 42.97.

HKSE:02098's Days Payable is ranked worse than
82.83% of 501 companies
in the Conglomerates industry
Industry Median: 56.04 vs HKSE:02098: 28.81

Zall Smart Commerce Group's Days Payable increased from Dec. 2024 (24.74) to Dec. 2025 (31.55). It may suggest that Zall Smart Commerce Group delayed paying its suppliers.


Zall Smart Commerce Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zall Smart Commerce 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.

Zall Smart Commerce Group Days Payable Chart

Zall Smart Commerce Group 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 33.58 36.72 37.98 32.83 27.12

Zall Smart Commerce Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 34.08 33.24 24.74 28.15 31.55

HKSE:02098 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Zall Smart Commerce 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.


Zall Smart Commerce Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zall Smart Commerce Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Zall Smart Commerce Group's Days Payable falls into.



Zall Smart Commerce 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.

Zall Smart Commerce Group'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
=( (15779.831 + 9574.819) / 2 ) / 170617.824*365
=12677.325 / 170617.824*365
=27.12

Zall Smart Commerce Group'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
=( (14790.505 + 9574.819) / 2 ) / 70480.969*365 / 2
=12182.662 / 70480.969*365 / 2
=31.55

* 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 31.55 mean?
Zall Smart Commerce Group (HKSE:02098) has a Days Payable of 31.55 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 Zall Smart Commerce Group and its competitors. This is 27% below median its historical median of 42.97. Over the past decade, Zall Smart Commerce Group's Days Payable has ranged from 27.12 to 575.15. According to the industry distribution chart, Zall Smart Commerce Group ranks #415 out of 501 companies in the Conglomerates industry, placing it in the top 82.8%.
Is Zall Smart Commerce Group's Days Payable too high?
Zall Smart Commerce Group's current Days Payable of 31.55 is 27% below median its 10-year median of 42.97. Over the past 10 years, this metric has ranged from a low of 27.12 to a high of 575.15. The Conglomerates industry median Days Payable is 56.04. Zall Smart Commerce Group's value of 31.55 is 43.7% below this industry median. Based on the distribution chart, Zall Smart Commerce Group ranks #415 out of 501 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Zall Smart Commerce Group's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zall Smart Commerce Group ranks #415 out of 501 companies for Days Payable. This places Zall Smart Commerce Group in the lower half of its industry. The industry median Days Payable is 56.04. Zall Smart Commerce Group's value of 31.55 is 43.7% below this benchmark. Historically, Zall Smart Commerce Group's own Days Payable has ranged from 27.12 to 575.15 over the past decade. While the company's 10-year median is 42.97 vs. the industry median of 56.04, Zall Smart Commerce 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 501 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. Zall Smart Commerce Group's current Days Payable of 31.55 is 43.7% 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 Zall Smart Commerce Group and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zall Smart Commerce Group's current Days Payable is 31.55, which is 27% below median its own 10-year median of 42.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zall Smart Commerce Group stock overvalued right now?
Based on GuruFocus' analysis, Zall Smart Commerce Group (HKSE:02098) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.07 — trading 81.8% below its estimated fair value. The current Days Payable is 31.55, which is 27% below median its 10-year median of 42.97 and 43.7% below the Conglomerates industry median of 56.04. 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 Zall Smart Commerce Group (HKSE:02098), the current Days Payable is 31.55 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.

Zall Smart Commerce Group Business Description

Address 1 Chutian Avenue, No. 1 Enterprise Community, Panlongcheng Economics and Technology Development, Hubei Province, Wuhan, CHN, 430000
Zall Smart Commerce Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and operating large-scale consumer product-focused wholesale shopping malls in the PRC, and providing supply chain management and trading business, e-commerce services, financial services, warehousing, and logistics services. The Group's reportable segments are: Property development and related services, and Supply chain management and trading, with maximum revenue coming from the latter, by providing trade-related supply chain financial services; and trading agricultural products, chemical materials, plastic raw materials, consumer goods, black and non-ferrous metals, etc. Geographically, the Group generates maximum revenue from China (PRC), and the rest from Singapore.