ManpowerGroup Greater China (HKSE:02180) Days Payable: 63.52 (As of Dec. 2025) — 1461% Above Median

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HKSE:02180 ManpowerGroup Greater China Ltd HKSE:02180
93 GF Score
Price HK$4.61
GF Value HK$6.69
Valuation Significantly Undervalued
! 3 Warning Signs
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What is ManpowerGroup Greater China Days Payable?

ManpowerGroup Greater China HKSE:02180 -0.11% 93 Days Payable is 63.52 as of Dec. 2025, which is 1461% above its 10-year median of 4.07. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 945 Business Services companies, ManpowerGroup Greater China ranks better than 62.33% on this metric.

ManpowerGroup Greater China's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,210 Mil. ManpowerGroup Greater China's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$3,476 Mil. Hence, ManpowerGroup Greater China's Days Payable for the six months ended in Dec. 2025 was 63.52.

The historical rank and industry rank for ManpowerGroup Greater China's Days Payable or its related term are showing as below:

HKSE:02180' s Days Payable Range Over the Past 10 Years
Min: 1.69   Med: 4.07   Max: 62.05
Current: 62.05

During the past 10 years, ManpowerGroup Greater China's highest Days Payable was 62.05. The lowest was 1.69. And the median was 4.07.

HKSE:02180's Days Payable is ranked better than
62.33% of 945 companies
in the Business Services industry
Industry Median: 44.31 vs HKSE:02180: 62.05

ManpowerGroup Greater China's Days Payable increased from Dec. 2024 (54.91) to Dec. 2025 (63.52). It may suggest that ManpowerGroup Greater China delayed paying its suppliers.


ManpowerGroup Greater China Days Payable Historical Data

* Premium members only.

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China Days Payable Chart

ManpowerGroup Greater China 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 1.69 29.45 51.64 56.04 61.33

ManpowerGroup Greater China Semi-Annual Data
Dec16 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 49.26 50.13 54.91 60.94 63.52

HKSE:02180 vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.


ManpowerGroup Greater China Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's Days Payable distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's Days Payable falls into.


HKSE:02180
93GF Score
ManpowerGroup Greater China Ltd HKSE:02180
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ManpowerGroup Greater China 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.

ManpowerGroup Greater China'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
=( (1099.066 + 1231.918) / 2 ) / 6936.148*365
=1165.492 / 6936.148*365
=61.33

ManpowerGroup Greater China'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
=( (1187.64 + 1231.918) / 2 ) / 3475.657*365 / 2
=1209.779 / 3475.657*365 / 2
=63.52

* 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 63.52 mean?
ManpowerGroup Greater China (HKSE:02180) has a Days Payable of 63.52 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 ManpowerGroup Greater China and its competitors. This is 1461% above median its historical median of 4.07. Over the past decade, ManpowerGroup Greater China's Days Payable has ranged from 1.69 to 62.05. According to the industry distribution chart, ManpowerGroup Greater China ranks #356 out of 945 companies in the Business Services industry, placing it in the top 37.7%.
Is ManpowerGroup Greater China's Days Payable too high?
ManpowerGroup Greater China's current Days Payable of 63.52 is 1461% above median its 10-year median of 4.07. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 62.05. The Business Services industry median Days Payable is 44.31. ManpowerGroup Greater China's value of 63.52 is 43.4% above this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #356 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #356 out of 945 companies for Days Payable. This puts ManpowerGroup Greater China in the upper half of its industry. The industry median Days Payable is 44.31. ManpowerGroup Greater China's value of 63.52 is 43.4% above this benchmark. Historically, ManpowerGroup Greater China's own Days Payable has ranged from 1.69 to 62.05 over the past decade. While the company's 10-year median is 4.07 vs. the industry median of 44.31, ManpowerGroup Greater China 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 Business Services company?
The median Days Payable among Business Services companies is 44.31, based on 945 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. ManpowerGroup Greater China's current Days Payable of 63.52 is 43.4% 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 ManpowerGroup Greater China and its competitors. For the Business Services industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current Days Payable is 63.52, which is 1461% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.2% below its estimated fair value. The current Days Payable is 63.52, which is 1461% above median its 10-year median of 4.07 and 43.4% above the Business Services industry median of 44.31. ManpowerGroup Greater China's overall GF Score™ is 93/100 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 ManpowerGroup Greater China (HKSE:02180), the current Days Payable is 63.52 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued. The current stock price of HK$4.61 is trading 31.2% below its estimated GF Value™ of HK$6.69. GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.

Key valuation signals for HKSE:02180:

  • Days Payable: 63.52 (1461% above median its 10-year median of 4.07)
  • GF Value™: HK$6.69 vs. price of HK$4.61 (31.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 43.4% above the Business Services median (#356 of 945)

No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Greater China Business Description

Address No. 999, Pudong Road (S, 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score

Get the complete analysis for HKSE:02180

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

HK$4.61
Price
HK$6.69
GF Value