Man King Holdings (HKSE:02193) Days Payable: 83.63 (As of Mar. 2026) — Near Median

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HKSE:02193 Man King Holdings Ltd HKSE:02193
45 GF Score
Price HK$0.39
GF Value HK$0.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Man King Holdings Days Payable?

Man King Holdings HKSE:02193 45 Days Payable is 83.63 as of Mar. 2026, which is 3% above its 10-year median of 81.00. GuruFocus rates HKSE:02193 with a GF Score™ of 45/100 and a GF Value™ of HK$0.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,719 Construction companies, Man King Holdings ranks better than 53.93% on this metric.

Man King Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$86.0 Mil. Man King Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$187.7 Mil. Hence, Man King Holdings's Days Payable for the six months ended in Mar. 2026 was 83.63.

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

HKSE:02193' s Days Payable Range Over the Past 10 Years
Min: 56.26   Med: 81   Max: 112.76
Current: 83.05

During the past 13 years, Man King Holdings's highest Days Payable was 112.76. The lowest was 56.26. And the median was 81.00.

HKSE:02193's Days Payable is ranked better than
53.93% of 1719 companies
in the Construction industry
Industry Median: 76.6 vs HKSE:02193: 83.05

Man King Holdings's Days Payable increased from Mar. 2025 (78.86) to Mar. 2026 (83.63). It may suggest that Man King Holdings delayed paying its suppliers.


Man King Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Man King 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.

Man King Holdings Days Payable Chart

Man King Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.26 67.88 81.22 89.03 80.78

Man King Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 76.17 85.75 78.86 84.76 83.63

HKSE:02193 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Man King 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.


Man King Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Man King Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Man King Holdings's Days Payable falls into.


HKSE:02193
45GF Score
Man King Holdings Ltd HKSE:02193
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Man King 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.

Man King Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (79.036 + 83.776) / 2 ) / 367.845*365
=81.406 / 367.845*365
=80.78

Man King Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (88.271 + 83.776) / 2 ) / 187.719*365 / 2
=86.0235 / 187.719*365 / 2
=83.63

* 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 83.63 mean?
Man King Holdings (HKSE:02193) has a Days Payable of 83.63 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Man King Holdings and its competitors. This is near median its historical median of 81.00. Over the past decade, Man King Holdings' Days Payable has ranged from 56.26 to 112.76. According to the industry distribution chart, Man King Holdings ranks #792 out of 1719 companies in the Construction industry, placing it in the top 46.1%.
Is Man King Holdings' Days Payable too high?
Man King Holdings' current Days Payable of 83.63 is near median its 10-year median of 81.00. Over the past 10 years, this metric has ranged from a low of 56.26 to a high of 112.76. The Construction industry median Days Payable is 76.60. Man King Holdings' value of 83.63 is 9.2% above this industry median. Based on the distribution chart, Man King Holdings ranks #792 out of 1719 companies in the Construction industry, which is above the industry midpoint. Overall, Man King Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man King Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Man King Holdings ranks #792 out of 1719 companies for Days Payable. This puts Man King Holdings in the upper half of its industry. The industry median Days Payable is 76.60. Man King Holdings' value of 83.63 is 9.2% above this benchmark. Historically, Man King Holdings' own Days Payable has ranged from 56.26 to 112.76 over the past decade. While the company's 10-year median is 81.00 vs. the industry median of 76.60, Man King 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,719 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. Man King Holdings's current Days Payable of 83.63 is 9.2% 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 Man King Holdings and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man King Holdings's current Days Payable is 83.63, which is near median its own 10-year median of 81.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man King Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man King Holdings (HKSE:02193) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.39 — trading 56% above its estimated fair value. The current Days Payable is 83.63, which is near median its 10-year median of 81.00 and 9.2% above the Construction industry median of 76.60. Man King Holdings' overall GF Score™ is 45/100 with 7 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 Man King Holdings (HKSE:02193), the current Days Payable is 83.63 as of Mar. 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 Man King Holdings (HKSE:02193) Overvalued in 2026?

Based on GuruFocus' analysis, Man King Holdings stock appears to be overvalued. The current stock price of HK$0.39 is trading 56% above its estimated GF Value™ of HK$0.25. GuruFocus considers Man King Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02193:

  • Days Payable: 83.63 (near median its 10-year median of 81.00)
  • GF Value™: HK$0.25 vs. price of HK$0.39 (56% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 9.2% above the Construction median (#792 of 1719)

No single metric tells the full story. See the HKSE:02193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man King Holdings Business Description

Address 18 Tong Mi Road, Skyline Tower, Unit D, 10th Floor, Mongkok, Kowloon, Hong Kong, HKG
Man King Holdings Ltd is an investment holding company principally engaged in the provision of civil engineering services. It derives prime revenue from civil engineering works. The engineering works undertaken are mainly related to roads and drainage, site formation, and port works.
45GF Score

Get the complete analysis for HKSE:02193

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

HK$0.39
Price
HK$0.25
GF Value