Honworld Group (HKSE:02226) Days Payable: 113.96 (As of Dec. 2025) — Near Median

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HKSE:02226 Honworld Group Ltd HKSE:02226
30 GF Score
Price HK$0.69
GF Value HK$0.58
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Honworld Group Days Payable?

Honworld Group HKSE:02226 30 Days Payable is 113.96 as of Dec. 2025, which is 5% above its 10-year median of 108.25. GuruFocus rates HKSE:02226 with a GF Score™ of 30/100 and a GF Value™ of HK$0.58 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, Honworld Group ranks better than 86.03% on this metric.

Honworld Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$65.7 Mil. Honworld Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$105.2 Mil. Hence, Honworld Group's Days Payable for the six months ended in Dec. 2025 was 113.96.

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

HKSE:02226' s Days Payable Range Over the Past 10 Years
Min: 78.81   Med: 108.25   Max: 200.32
Current: 108.74

During the past 13 years, Honworld Group's highest Days Payable was 200.32. The lowest was 78.81. And the median was 108.25.

HKSE:02226's Days Payable is ranked better than
86.03% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 44.31 vs HKSE:02226: 108.74

Honworld Group's Days Payable increased from Dec. 2024 (96.81) to Dec. 2025 (113.96). It may suggest that Honworld Group delayed paying its suppliers.


Honworld Group Days Payable Historical Data

* Premium members only.

The historical data trend for Honworld 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.

Honworld Group Days Payable Chart

Honworld 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 78.81 85.19 107.06 105.44 109.44

Honworld 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 104.18 96.81 101.47 113.96 107.65

HKSE:02226 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Honworld 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.


Honworld Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honworld Group's Days Payable distribution charts can be found below:

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


HKSE:02226
30GF Score
Honworld Group Ltd HKSE:02226
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Honworld 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.

Honworld 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
=( (61.966 + 68.95) / 2 ) / 218.311*365
=65.458 / 218.311*365
=109.44

Honworld 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
=( (62.458 + 68.95) / 2 ) / 105.224*365 / 2
=65.704 / 105.224*365 / 2
=113.96

* 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 113.96 mean?
Honworld Group (HKSE:02226) has a Days Payable of 113.96 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 Honworld Group and its competitors. This is near median its historical median of 108.25. Over the past decade, Honworld Group's Days Payable has ranged from 78.81 to 200.32. According to the industry distribution chart, Honworld Group ranks #265 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 14%.
Is Honworld Group's Days Payable too high?
Honworld Group's current Days Payable of 113.96 is near median its 10-year median of 108.25. Over the past 10 years, this metric has ranged from a low of 78.81 to a high of 200.32. The Consumer Packaged Goods industry median Days Payable is 44.31. Honworld Group's value of 113.96 is 157.2% above this industry median. Based on the distribution chart, Honworld Group ranks #265 out of 1897 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honworld Group has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honworld Group's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honworld Group ranks #265 out of 1897 companies for Days Payable. This places Honworld Group in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.31. Honworld Group's value of 113.96 is 157.2% above this benchmark. Historically, Honworld Group's own Days Payable has ranged from 78.81 to 200.32 over the past decade. While the company's 10-year median is 108.25 vs. the industry median of 44.31, Honworld 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.31, based on 1,897 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. Honworld Group's current Days Payable of 113.96 is 157.2% 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 Honworld Group and its competitors. For the Consumer Packaged Goods 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. Honworld Group's current Days Payable is 113.96, which is near median its own 10-year median of 108.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honworld Group stock overvalued right now?
Based on GuruFocus' analysis, Honworld Group (HKSE:02226) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.58, compared to a current price of HK$0.69 — trading 19% above its estimated fair value. The current Days Payable is 113.96, which is near median its 10-year median of 108.25 and 157.2% above the Consumer Packaged Goods industry median of 44.31. Honworld Group's overall GF Score™ is 30/100 with 4 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 Honworld Group (HKSE:02226), the current Days Payable is 113.96 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 Honworld Group (HKSE:02226) Overvalued in 2026?

Based on GuruFocus' analysis, Honworld Group stock appears to be overvalued. The current stock price of HK$0.69 is trading 19% above its estimated GF Value™ of HK$0.58. GuruFocus considers Honworld Group to be Modestly Overvalued.

Key valuation signals for HKSE:02226:

  • Days Payable: 113.96 (near median its 10-year median of 108.25)
  • GF Value™: HK$0.58 vs. price of HK$0.69 (19% above fair value)
  • GF Score™: 30/100 with 4 warning signs
  • Industry Position: 157.2% above the Consumer Packaged Goods median (#265 of 1897)

No single metric tells the full story. See the HKSE:02226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honworld Group Business Description

Address Food and Industrial Park, Balidian Town, Wuxing District, Zhejiang, Huzhou, CHN, 313000
Honworld Group Ltd is a China-based investment holding company. Through its subsidiaries, the company is principally engaged in the manufacture and sale of cooking wine as well as condiment products under the brand name of "Lao Heng He" in the People's Republic of China. Its offerings include brewed cooking wine as well as other condiments, including naturally-brewed soy sauce, naturally-brewed vinegar, soybean paste, sesame oil and fermented bean curd. The company operates in a single segment named the Food segment that manufactures and sells condiment products. The company's revenue is derived from the sale of its products to the customers in the PRC.
30GF Score

Get the complete analysis for HKSE:02226

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

HK$0.69
Price
HK$0.58
GF Value