Dowell Service Group Co (HKSE:02352) Days Payable: 102.72 (As of Dec. 2025) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:02352 Dowell Service Group Co Ltd HKSE:02352
70 GF Score
Price HK$3.80
GF Value HK$7.07
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Dowell Service Group Co Days Payable?

Dowell Service Group Co HKSE:02352 70 Days Payable is 102.72 as of Dec. 2025, which is 32% above its 10-year median of 77.90. GuruFocus rates HKSE:02352 with a GF Score™ of 70/100 and a GF Value™ of HK$7.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,571 Real Estate companies, Dowell Service Group Co ranks better than 53.09% on this metric.

Dowell Service Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$396 Mil. Dowell Service Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$704 Mil. Hence, Dowell Service Group Co's Days Payable for the six months ended in Dec. 2025 was 102.72.

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

HKSE:02352' s Days Payable Range Over the Past 10 Years
Min: 53.47   Med: 77.9   Max: 105.77
Current: 105.77

During the past 7 years, Dowell Service Group Co's highest Days Payable was 105.77. The lowest was 53.47. And the median was 77.90.

HKSE:02352's Days Payable is ranked better than
53.09% of 1571 companies
in the Real Estate industry
Industry Median: 94.86 vs HKSE:02352: 105.77

Dowell Service Group Co's Days Payable increased from Dec. 2024 (82.09) to Dec. 2025 (102.72). It may suggest that Dowell Service Group Co delayed paying its suppliers.


Dowell Service Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Dowell Service Group Co'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.

Dowell Service Group Co Days Payable Chart

Dowell Service Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 64.20 77.90 78.31 86.31 97.14

Dowell Service Group Co Semi-Annual Data
Dec19 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 84.25 82.09 84.75 102.72 111.39

HKSE:02352 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Dowell Service Group Co'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.


Dowell Service Group Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dowell Service Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dowell Service Group Co's Days Payable falls into.


HKSE:02352
70GF Score
Dowell Service Group Co Ltd HKSE:02352
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dowell Service Group Co 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.

Dowell Service Group Co'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
=( (339.415 + 437.374) / 2 ) / 1459.322*365
=388.3945 / 1459.322*365
=97.14

Dowell Service Group Co'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
=( (354.88 + 437.374) / 2 ) / 703.799*365 / 2
=396.127 / 703.799*365 / 2
=102.72

* 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 102.72 mean?
Dowell Service Group Co (HKSE:02352) has a Days Payable of 102.72 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 Dowell Service Group Co and its competitors. This is 32% above median its historical median of 77.90. Over the past decade, Dowell Service Group Co's Days Payable has ranged from 53.47 to 105.77. According to the industry distribution chart, Dowell Service Group Co ranks #737 out of 1571 companies in the Real Estate industry, placing it in the top 46.9%.
Is Dowell Service Group Co's Days Payable too high?
Dowell Service Group Co's current Days Payable of 102.72 is 32% above median its 10-year median of 77.90. Over the past 10 years, this metric has ranged from a low of 53.47 to a high of 105.77. The Real Estate industry median Days Payable is 94.86. Dowell Service Group Co's value of 102.72 is 8.3% above this industry median. Based on the distribution chart, Dowell Service Group Co ranks #737 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dowell Service Group Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dowell Service Group Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dowell Service Group Co ranks #737 out of 1571 companies for Days Payable. This puts Dowell Service Group Co in the upper half of its industry. The industry median Days Payable is 94.86. Dowell Service Group Co's value of 102.72 is 8.3% above this benchmark. Historically, Dowell Service Group Co's own Days Payable has ranged from 53.47 to 105.77 over the past decade. While the company's 10-year median is 77.90 vs. the industry median of 94.86, Dowell Service Group Co 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.86, based on 1,571 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. Dowell Service Group Co's current Days Payable of 102.72 is 8.3% 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 Dowell Service Group Co and its competitors. For the Real Estate industry, the median Days Payable is 94.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dowell Service Group Co's current Days Payable is 102.72, which is 32% above median its own 10-year median of 77.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dowell Service Group Co stock overvalued right now?
Based on GuruFocus' analysis, Dowell Service Group Co (HKSE:02352) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.07, compared to a current price of HK$3.80 — trading 46.3% below its estimated fair value. The current Days Payable is 102.72, which is 32% above median its 10-year median of 77.90 and 8.3% above the Real Estate industry median of 94.86. Dowell Service Group Co's overall GF Score™ is 70/100 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 Dowell Service Group Co (HKSE:02352), the current Days Payable is 102.72 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 Dowell Service Group Co (HKSE:02352) Overvalued in 2026?

Based on GuruFocus' analysis, Dowell Service Group Co stock appears to be undervalued. The current stock price of HK$3.80 is trading 46.3% below its estimated GF Value™ of HK$7.07. GuruFocus considers Dowell Service Group Co to be Possible Value Trap.

Key valuation signals for HKSE:02352:

  • Days Payable: 102.72 (32% above median its 10-year median of 77.90)
  • GF Value™: HK$7.07 vs. price of HK$3.80 (46.3% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 8.3% above the Real Estate median (#737 of 1571)

No single metric tells the full story. See the HKSE:02352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dowell Service Group Co Business Description

Address No. 108 Baihe Road, Room 206, Commercial Building B1 Floor, Nanping Town, Nan’an District, Chongqing, CHN, 400000
Dowell Service Group Co Ltd is an investment holding. The company, along with its subsidiaries, is engaged in the provision of property management services and related value-added services in the PRC. The company has six business formats: urban integrated services, residential integrated services, international customized services, medical and health services, community value-added services, and multi-format services. It provides diversified services through four main business lines: City Operations Services, Lifestyle Services, Comprehensive Health Services, and Other Comprehensive Services. The company's revenue was principally derived from City Operations Services in the PRC.
70GF Score

Get the complete analysis for HKSE:02352

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

HK$3.80
Price
HK$7.07
GF Value