ISP Holdings (HKSE:02340) Days Payable: 311.99 (As of Dec. 2025) — Near Median

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HKSE:02340 ISP Holdings Ltd HKSE:02340
37 GF Score
Price HK$0.14
GF Value HK$0.17
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ISP Holdings Days Payable?

ISP Holdings HKSE:02340 +1.45% 37 Days Payable is 311.99 as of Dec. 2025, which is 1% below its 10-year median of 315.71. GuruFocus rates HKSE:02340 with a GF Score™ of 37/100 and a GF Value™ of HK$0.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, ISP Holdings ranks better than 88.44% on this metric.

ISP Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$137.0 Mil. ISP Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$80.2 Mil. Hence, ISP Holdings's Days Payable for the six months ended in Dec. 2025 was 311.99.

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

HKSE:02340' s Days Payable Range Over the Past 10 Years
Min: 78.49   Med: 315.71   Max: 554.48
Current: 301.68

During the past 13 years, ISP Holdings's highest Days Payable was 554.48. The lowest was 78.49. And the median was 315.71.

HKSE:02340's Days Payable is ranked better than
88.44% of 1721 companies
in the Construction industry
Industry Median: 76.72 vs HKSE:02340: 301.68

ISP Holdings's Days Payable declined from Dec. 2024 (432.49) to Dec. 2025 (311.99). It may suggest that ISP Holdings accelerated paying its suppliers.


ISP Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for ISP 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.

ISP Holdings Days Payable Chart

ISP 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 270.03 440.65 493.44 554.48 361.39

ISP 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 681.30 432.49 476.49 311.99 286.70

HKSE:02340 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, ISP 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.


ISP Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, ISP Holdings's Days Payable distribution charts can be found below:

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


HKSE:02340
37GF Score
ISP Holdings Ltd HKSE:02340
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ISP 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.

ISP 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
=( (132.041 + 131.021) / 2 ) / 132.844*365
=131.531 / 132.844*365
=361.39

ISP 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
=( (143.054 + 131.021) / 2 ) / 80.162*365 / 2
=137.0375 / 80.162*365 / 2
=311.99

* 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 311.99 mean?
ISP Holdings (HKSE:02340) has a Days Payable of 311.99 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 ISP Holdings and its competitors. This is near median its historical median of 315.71. Over the past decade, ISP Holdings' Days Payable has ranged from 78.49 to 554.48. According to the industry distribution chart, ISP Holdings ranks #199 out of 1721 companies in the Construction industry, placing it in the top 11.6%.
Is ISP Holdings' Days Payable too high?
ISP Holdings' current Days Payable of 311.99 is near median its 10-year median of 315.71. Over the past 10 years, this metric has ranged from a low of 78.49 to a high of 554.48. The Construction industry median Days Payable is 76.72. ISP Holdings' value of 311.99 is 306.7% above this industry median. Based on the distribution chart, ISP Holdings ranks #199 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ISP Holdings has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ISP Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, ISP Holdings ranks #199 out of 1721 companies for Days Payable. This places ISP Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.72. ISP Holdings' value of 311.99 is 306.7% above this benchmark. Historically, ISP Holdings' own Days Payable has ranged from 78.49 to 554.48 over the past decade. While the company's 10-year median is 315.71 vs. the industry median of 76.72, ISP 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 76.72, based on 1,721 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. ISP Holdings's current Days Payable of 311.99 is 306.7% 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 ISP Holdings and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISP Holdings's current Days Payable is 311.99, which is near median its own 10-year median of 315.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISP Holdings stock overvalued right now?
Based on GuruFocus' analysis, ISP Holdings (HKSE:02340) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.14 — trading 17.6% below its estimated fair value. The current Days Payable is 311.99, which is near median its 10-year median of 315.71 and 306.7% above the Construction industry median of 76.72. ISP Holdings' overall GF Score™ is 37/100 with 5 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 ISP Holdings (HKSE:02340), the current Days Payable is 311.99 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 ISP Holdings (HKSE:02340) Overvalued in 2026?

Based on GuruFocus' analysis, ISP Holdings stock appears to be undervalued. The current stock price of HK$0.14 is trading 17.6% below its estimated GF Value™ of HK$0.17. GuruFocus considers ISP Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:02340:

  • Days Payable: 311.99 (near median its 10-year median of 315.71)
  • GF Value™: HK$0.17 vs. price of HK$0.14 (17.6% below fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 306.7% above the Construction median (#199 of 1721)

No single metric tells the full story. See the HKSE:02340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ISP Holdings Business Description

Address No. 1 Tai Yip Street, Hay Nien Building, 3rd Floor, Kwun Tong, Kowloon, Hong Kong, HKG
ISP Holdings Ltd is an investment holding company. Along with its subsidiaries, it provides interiors and special projects business in Hong Kong and property and facility management business in China. Its customers include private residential owners and corporations, government organizations, educational institutions, landlords, developers, and investors. The company generates a majority of its revenue from its interiors and special projects business which functions as a building contractor and offers services like planning, consultancy, project management through construction, interior design, fitting-out, A&A, and renovation work. Geographically, Hong Kong and Macau are the company's key revenue generating markets, followed by the People's Republic of China.
37GF Score

Get the complete analysis for HKSE:02340

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

HK$0.14
Price
HK$0.17
GF Value