Casablanca Group (HKSE:02223) Days Payable: 142.06 (As of Dec. 2025) — 12% Below Median

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HKSE:02223 Casablanca Group Ltd HKSE:02223
51 GF Score
Price HK$0.53
GF Value HK$0.27
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Casablanca Group Days Payable?

Casablanca Group HKSE:02223 51 Days Payable is 142.06 as of Dec. 2025, which is 12% below its 10-year median of 161.90. GuruFocus rates HKSE:02223 with a GF Score™ of 51/100 and a GF Value™ of HK$0.27 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Casablanca Group ranks better than 86.89% on this metric.

Casablanca Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$32.3 Mil. Casablanca Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$41.5 Mil. Hence, Casablanca Group's Days Payable for the six months ended in Dec. 2025 was 142.06.

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

HKSE:02223' s Days Payable Range Over the Past 10 Years
Min: 139.82   Med: 161.9   Max: 191.7
Current: 149.43

During the past 13 years, Casablanca Group's highest Days Payable was 191.70. The lowest was 139.82. And the median was 161.90.

HKSE:02223's Days Payable is ranked better than
86.89% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04 vs HKSE:02223: 149.43

Casablanca Group's Days Payable increased from Dec. 2024 (134.80) to Dec. 2025 (142.06). It may suggest that Casablanca Group delayed paying its suppliers.


Casablanca Group Days Payable Historical Data

* Premium members only.

The historical data trend for Casablanca 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.

Casablanca Group Days Payable Chart

Casablanca 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 142.91 152.11 164.71 181.95 173.93

Casablanca Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 172.09 134.80 167.41 142.06 171.77

Casablanca Group Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Casablanca 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.


Casablanca Group Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Casablanca Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Casablanca Group's Days Payable falls into.


HKSE:02223
51GF Score
Casablanca Group Ltd HKSE:02223
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Casablanca 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.

Casablanca 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
=( (38.009 + 36.145) / 2 ) / 77.81*365
=37.077 / 77.81*365
=173.93

Casablanca 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
=( (28.529 + 36.145) / 2 ) / 41.543*365 / 2
=32.337 / 41.543*365 / 2
=142.06

* 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 142.06 mean?
Casablanca Group (HKSE:02223) has a Days Payable of 142.06 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 Casablanca Group and its competitors. This is 12% below median its historical median of 161.90. Over the past decade, Casablanca Group's Days Payable has ranged from 139.82 to 191.70. According to the industry distribution chart, Casablanca Group ranks #134 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.1%.
Is Casablanca Group's Days Payable too high?
Casablanca Group's current Days Payable of 142.06 is 12% below median its 10-year median of 161.90. Over the past 10 years, this metric has ranged from a low of 139.82 to a high of 191.70. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. Casablanca Group's value of 142.06 is 167.8% above this industry median. Based on the distribution chart, Casablanca Group ranks #134 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Casablanca Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casablanca Group's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Casablanca Group ranks #134 out of 1022 companies for Days Payable. This places Casablanca Group in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.04. Casablanca Group's value of 142.06 is 167.8% above this benchmark. Historically, Casablanca Group's own Days Payable has ranged from 139.82 to 191.70 over the past decade. While the company's 10-year median is 161.90 vs. the industry median of 53.04, Casablanca Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.04, based on 1,022 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. Casablanca Group's current Days Payable of 142.06 is 167.8% 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 Casablanca Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casablanca Group's current Days Payable is 142.06, which is 12% below median its own 10-year median of 161.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casablanca Group stock overvalued right now?
Based on GuruFocus' analysis, Casablanca Group (HKSE:02223) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.53 — trading 94.4% above its estimated fair value. The current Days Payable is 142.06, which is 12% below median its 10-year median of 161.90 and 167.8% above the Manufacturing - Apparel & Accessories industry median of 53.04. Casablanca Group's overall GF Score™ is 51/100 with 2 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 Casablanca Group (HKSE:02223), the current Days Payable is 142.06 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 Casablanca Group (HKSE:02223) Overvalued in 2026?

Based on GuruFocus' analysis, Casablanca Group stock appears to be overvalued. The current stock price of HK$0.53 is trading 94.4% above its estimated GF Value™ of HK$0.27. GuruFocus considers Casablanca Group to be Significantly Overvalued.

Key valuation signals for HKSE:02223:

  • Days Payable: 142.06 (12% below median its 10-year median of 161.90)
  • GF Value™: HK$0.27 vs. price of HK$0.53 (94.4% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 167.8% above the Manufacturing - Apparel & Accessories median (#134 of 1022)

No single metric tells the full story. See the HKSE:02223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casablanca Group Business Description

Address 9-13 Wong Chuk Yeung Street, 5th floor, Yan Hing Centre, Fotan, New Territories, Hong Kong, HKG
Casablanca Group Ltd is engaged in the design, production, distribution, and retailing of bedding products. The company sells products including bedding sets, bed linens, duvets and pillows, and home household items under the Casablanca, Casa Calvin, Valeron, Vossen, CASA-V, and other brands. The company has operations in Hong Kong and Macau, the People's Republic of China, and others. The majority of its revenue is derived from Hong Kong and Macau.
51GF Score

Get the complete analysis for HKSE:02223

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

HK$0.53
Price
HK$0.27
GF Value