Grace Life tech Holdings (HKSE:02112) Days Payable: 295.67 (As of Dec. 2025) — 363% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Grace Life tech Holdings Days Payable?

Grace Life tech Holdings HKSE:02112 +8.57% Days Payable is 295.67 as of Dec. 2025, which is 363% above its 10-year median of 63.91. The stock has 4 warning signs investors should review. Among 598 Steel companies, Grace Life tech Holdings ranks better than 95.48% on this metric.

Grace Life tech Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$54.2 Mil. Grace Life tech Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$33.4 Mil. Hence, Grace Life tech Holdings's Days Payable for the six months ended in Dec. 2025 was 295.67.

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

HKSE:02112' s Days Payable Range Over the Past 10 Years
Min: 2.14   Med: 63.91   Max: 214.71
Current: 214.71

During the past 13 years, Grace Life tech Holdings's highest Days Payable was 214.71. The lowest was 2.14. And the median was 63.91.

HKSE:02112's Days Payable is ranked better than
95.48% of 598 companies
in the Steel industry
Industry Median: 41.37 vs HKSE:02112: 214.71

Grace Life tech Holdings's Days Payable increased from Dec. 2024 (166.87) to Dec. 2025 (295.67). It may suggest that Grace Life tech Holdings delayed paying its suppliers.


Grace Life tech Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Grace Life tech 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.

Grace Life tech Holdings Days Payable Chart

Grace Life tech 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 70.89 56.93 106.09 197.33 214.23

Grace Life tech Holdings 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 109.46 207.00 166.87 168.66 295.67

HKSE:02112 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Grace Life tech 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.


Grace Life tech Holdings Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Grace Life tech Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Grace Life tech Holdings's Days Payable falls into.



Grace Life tech 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.

Grace Life tech 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
=( (51.569 + 54.217) / 2 ) / 90.117*365
=52.893 / 90.117*365
=214.23

Grace Life tech 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
=( (54.116 + 54.217) / 2 ) / 33.434*365 / 2
=54.1665 / 33.434*365 / 2
=295.67

* 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 295.67 mean?
Grace Life tech Holdings (HKSE:02112) has a Days Payable of 295.67 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 Grace Life tech Holdings and its competitors. This is 363% above median its historical median of 63.91. Over the past decade, Grace Life tech Holdings' Days Payable has ranged from 2.14 to 214.71. According to the industry distribution chart, Grace Life tech Holdings ranks #27 out of 598 companies in the Steel industry, placing it in the top 4.5%.
Is Grace Life tech Holdings' Days Payable too high?
Grace Life tech Holdings' current Days Payable of 295.67 is 363% above median its 10-year median of 63.91. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 214.71. The Steel industry median Days Payable is 41.37. Grace Life tech Holdings' value of 295.67 is 614.7% above this industry median. Based on the distribution chart, Grace Life tech Holdings ranks #27 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Grace Life tech Holdings' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Grace Life tech Holdings ranks #27 out of 598 companies for Days Payable. This places Grace Life tech Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Grace Life tech Holdings' value of 295.67 is 614.7% above this benchmark. Historically, Grace Life tech Holdings' own Days Payable has ranged from 2.14 to 214.71 over the past decade. While the company's 10-year median is 63.91 vs. the industry median of 41.37, Grace Life tech Holdings has consistently been above 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Grace Life tech Holdings's current Days Payable of 295.67 is 614.7% above 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 Grace Life tech Holdings and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Life tech Holdings's current Days Payable is 295.67, which is 363% above median its own 10-year median of 63.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Life tech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grace Life tech Holdings (HKSE:02112) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.04 — trading 57.8% below its estimated fair value. The current Days Payable is 295.67, which is 363% above median its 10-year median of 63.91 and 614.7% above the Steel industry median of 41.37. 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 Grace Life tech Holdings (HKSE:02112), the current Days Payable is 295.67 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.

Grace Life tech Holdings Business Description

Address Lot 22, D&E, Level 22, Menara Zenith Putra Square, MSC Kuantan, Kuantan, PHG, MYS, 25200
Grace Life tech Holdings Ltd is engaged in iron ore exploration, mining, crushing, and beneficiation as well as the sale of iron ore products in the form of iron ore concentrates and iron ore fines. The company's segments are the Iron ore mining and processing operation segment, Health product trade segment, Commercial trade segments, and others. It generates the majority of its revenue from the Health product trade segment which includes the trading of health products. It has geographical markets in the PRC, Hong Kong, Malaysia, and others.