Billion Industrial Holdings (HKSE:02299) Days Payable: 256.13 (As of Dec. 2025) — Near Median

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HKSE:02299 Billion Industrial Holdings Ltd HKSE:02299
67 GF Score
Price HK$5.30
GF Value HK$4.54
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Billion Industrial Holdings Days Payable?

Billion Industrial Holdings HKSE:02299 67 Days Payable is 256.13 as of Dec. 2025, which is 7% below its 10-year median of 274.30. GuruFocus rates HKSE:02299 with a GF Score™ of 67/100 and a GF Value™ of HK$4.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Billion Industrial Holdings ranks better than 93.14% on this metric.

Billion Industrial Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$12,298 Mil. Billion Industrial Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$8,763 Mil. Hence, Billion Industrial Holdings's Days Payable for the six months ended in Dec. 2025 was 256.13.

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

HKSE:02299' s Days Payable Range Over the Past 10 Years
Min: 51.53   Med: 274.3   Max: 345.22
Current: 217.89

During the past 13 years, Billion Industrial Holdings's highest Days Payable was 345.22. The lowest was 51.53. And the median was 274.30.

HKSE:02299's Days Payable is ranked better than
93.14% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.86 vs HKSE:02299: 217.89

Billion Industrial Holdings's Days Payable declined from Dec. 2024 (316.25) to Dec. 2025 (256.13). It may suggest that Billion Industrial Holdings accelerated paying its suppliers.


Billion Industrial Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings Days Payable Chart

Billion Industrial Holdings 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 267.21 345.22 316.80 283.75 281.38

Billion Industrial Holdings 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 282.88 316.25 277.71 256.13 185.50

Billion Industrial Holdings Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Billion Industrial 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.


Billion Industrial Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Billion Industrial Holdings's Days Payable falls into.


HKSE:02299
67GF Score
Billion Industrial Holdings Ltd HKSE:02299
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Billion Industrial 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.

Billion Industrial Holdings'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
=( (16287.606 + 12008.057) / 2 ) / 18352.512*365
=14147.8315 / 18352.512*365
=281.38

Billion Industrial Holdings'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
=( (12588.86 + 12008.057) / 2 ) / 8763.118*365 / 2
=12298.4585 / 8763.118*365 / 2
=256.13

* 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 256.13 mean?
Billion Industrial Holdings (HKSE:02299) has a Days Payable of 256.13 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 Billion Industrial Holdings and its competitors. This is near median its historical median of 274.30. Over the past decade, Billion Industrial Holdings' Days Payable has ranged from 51.53 to 345.22. According to the industry distribution chart, Billion Industrial Holdings ranks #70 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.9%.
Is Billion Industrial Holdings' Days Payable too high?
Billion Industrial Holdings' current Days Payable of 256.13 is near median its 10-year median of 274.30. Over the past 10 years, this metric has ranged from a low of 51.53 to a high of 345.22. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.86. Billion Industrial Holdings' value of 256.13 is 375.5% above this industry median. Based on the distribution chart, Billion Industrial Holdings ranks #70 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Billion Industrial Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Billion Industrial Holdings' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Billion Industrial Holdings ranks #70 out of 1021 companies for Days Payable. This places Billion Industrial Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.86. Billion Industrial Holdings' value of 256.13 is 375.5% above this benchmark. Historically, Billion Industrial Holdings' own Days Payable has ranged from 51.53 to 345.22 over the past decade. While the company's 10-year median is 274.30 vs. the industry median of 53.86, Billion Industrial 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.86, based on 1,021 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. Billion Industrial Holdings's current Days Payable of 256.13 is 375.5% 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 Billion Industrial Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billion Industrial Holdings's current Days Payable is 256.13, which is near median its own 10-year median of 274.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billion Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Billion Industrial Holdings (HKSE:02299) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$4.54, compared to a current price of HK$5.30 — trading 16.7% above its estimated fair value. The current Days Payable is 256.13, which is near median its 10-year median of 274.30 and 375.5% above the Manufacturing - Apparel & Accessories industry median of 53.86. Billion Industrial Holdings' overall GF Score™ is 67/100 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 Billion Industrial Holdings (HKSE:02299), the current Days Payable is 256.13 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 Billion Industrial Holdings (HKSE:02299) Overvalued in 2026?

Based on GuruFocus' analysis, Billion Industrial Holdings stock appears to be overvalued. The current stock price of HK$5.30 is trading 16.7% above its estimated GF Value™ of HK$4.54. GuruFocus considers Billion Industrial Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:02299:

  • Days Payable: 256.13 (near median its 10-year median of 274.30)
  • GF Value™: HK$4.54 vs. price of HK$5.30 (16.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 375.5% above the Manufacturing - Apparel & Accessories median (#70 of 1021)

No single metric tells the full story. See the HKSE:02299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Billion Industrial Holdings Business Description

Address Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings. Geographically, the company operates in PRC, Vietnam and others segment generating key revenue from PRC region.
67GF Score

Get the complete analysis for HKSE:02299

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

HK$5.30
Price
HK$4.54
GF Value