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New Concepts HoldingsHKSE:02221 30 Days Payable is 81.83 as of Mar. 2026, which is 12% below its 10-year median of 92.95. GuruFocus rates HKSE:02221 with a GF Score™ of 30/100 and a GF Value™ of HK$0.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,718 Construction companies, New Concepts Holdings ranks better than 53.61% on this metric.
New Concepts Holdings Days Payable Historical Data
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The historical data trend for New Concepts 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.
HKSE:02221 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, New Concepts 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.
New Concepts Holdings Days Payable vs Construction Industry
For the Construction industry and Industrials sector, New Concepts Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where New Concepts Holdings's Days Payable falls into.
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.
New Concepts Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
New Concepts Holdings (HKSE:02221) has a Days Payable of 81.83 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 New Concepts Holdings and its competitors. This is 12% below median its historical median of 92.95. Over the past decade, New Concepts Holdings' Days Payable has ranged from 67.34 to 131.63. According to the industry distribution chart, New Concepts Holdings ranks #797 out of 1718 companies in the Construction industry, placing it in the top 46.4%.
Is New Concepts Holdings' Days Payable too high?
New Concepts Holdings' current Days Payable of 81.83 is 12% below median its 10-year median of 92.95. Over the past 10 years, this metric has ranged from a low of 67.34 to a high of 131.63. The Construction industry median Days Payable is 76.57. New Concepts Holdings' value of 81.83 is 6.9% above this industry median. Based on the distribution chart, New Concepts Holdings ranks #797 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, New Concepts Holdings has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Concepts Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, New Concepts Holdings ranks #797 out of 1718 companies for Days Payable. This puts New Concepts Holdings in the upper half of its industry. The industry median Days Payable is 76.57. New Concepts Holdings' value of 81.83 is 6.9% above this benchmark. Historically, New Concepts Holdings' own Days Payable has ranged from 67.34 to 131.63 over the past decade. While the company's 10-year median is 92.95 vs. the industry median of 76.57, New Concepts 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 76.57, based on 1,718 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. New Concepts Holdings's current Days Payable of 81.83 is 6.9% 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 New Concepts Holdings and its competitors. For the Construction industry, the median Days Payable is 76.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Concepts Holdings's current Days Payable is 81.83, which is 12% below median its own 10-year median of 92.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, New Concepts Holdings (HKSE:02221) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.93, compared to a current price of HK$0.60 — trading 35.5% below its estimated fair value. The current Days Payable is 81.83, which is 12% below median its 10-year median of 92.95 and 6.9% above the Construction industry median of 76.57. New Concepts Holdings' overall GF Score™ is 30/100 with 6 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 New Concepts Holdings (HKSE:02221), the current Days Payable is 81.83 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 New Concepts Holdings (HKSE:02221) Overvalued in 2026?
Based on GuruFocus' analysis, New Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.60 is trading 35.5% below its estimated GF Value™ of HK$0.93.
GuruFocus considers New Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:02221:
Days Payable: 81.83 (12% below median its 10-year median of 92.95)
GF Value™: HK$0.93 vs. price of HK$0.60 (35.5% below fair value)
Industry Position: 6.9% above the Construction median (#797 of 1718)
No single metric tells the full story. See the HKSE:02221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
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