Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Modern Innovative Digital Technology Company Days Payable?
Modern Innovative Digital Technology CompanyHKSE:02322 +1.67% Days Payable is 292.06 as of Mar. 2026, which is 220% above its 10-year median of 91.19. The stock has 6 warning signs investors should review. Among 492 Conglomerates companies, Modern Innovative Digital Technology Company ranks better than 92.28% on this metric.
* 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.
Modern Innovative Digital Technology Company Days Payable Chart
Modern Innovative Digital Technology Company Annual Data
For the Conglomerates subindustry, Modern Innovative Digital Technology Company'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.
Modern Innovative Digital Technology Company Days Payable vs Conglomerates Industry
Modern Innovative Digital Technology Company 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.
* 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.
Modern Innovative Digital Technology Company (HKSE:02322) has a Days Payable of 292.06 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 Modern Innovative Digital Technology Company and its competitors. This is 220% above median its historical median of 91.19. Over the past decade, Modern Innovative Digital Technology Company's Days Payable has ranged from 19.10 to 218.08. According to the industry distribution chart, Modern Innovative Digital Technology Company ranks #38 out of 492 companies in the Conglomerates industry, placing it in the top 7.7%.
Is Modern Innovative Digital Technology Company's Days Payable too high?
Modern Innovative Digital Technology Company's current Days Payable of 292.06 is 220% above median its 10-year median of 91.19. Over the past 10 years, this metric has ranged from a low of 19.10 to a high of 218.08. The Conglomerates industry median Days Payable is 54.38. Modern Innovative Digital Technology Company's value of 292.06 is 437.1% above this industry median. Based on the distribution chart, Modern Innovative Digital Technology Company ranks #38 out of 492 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Modern Innovative Digital Technology Company's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Modern Innovative Digital Technology Company ranks #38 out of 492 companies for Days Payable. This places Modern Innovative Digital Technology Company in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.38. Modern Innovative Digital Technology Company's value of 292.06 is 437.1% above this benchmark. Historically, Modern Innovative Digital Technology Company's own Days Payable has ranged from 19.10 to 218.08 over the past decade. While the company's 10-year median is 91.19 vs. the industry median of 54.38, Modern Innovative Digital Technology Company 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 54.38, based on 492 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. Modern Innovative Digital Technology Company's current Days Payable of 292.06 is 437.1% 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 Modern Innovative Digital Technology Company and its competitors. For the Conglomerates industry, the median Days Payable is 54.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Innovative Digital Technology Company's current Days Payable is 292.06, which is 220% above median its own 10-year median of 91.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Innovative Digital Technology Company stock overvalued right now?
Based on GuruFocus' analysis, Modern Innovative Digital Technology Company (HKSE:02322) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.06 — trading 66.1% below its estimated fair value. The current Days Payable is 292.06, which is 220% above median its 10-year median of 91.19 and 437.1% above the Conglomerates industry median of 54.38. 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 Modern Innovative Digital Technology Company (HKSE:02322), the current Days Payable is 292.06 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.
Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02322 has been successfully added to your 
