Zhongtian Construction (Hunan) Group (HKSE:02433) Days Payable: 808.78 (As of Dec. 2025) — 175% Above Median

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What is Zhongtian Construction (Hunan) Group Days Payable?

Zhongtian Construction (Hunan) Group HKSE:02433 +1.37% Days Payable is 808.78 as of Dec. 2025, which is 175% above its 10-year median of 294.22. The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Zhongtian Construction (Hunan) Group ranks better than 96.74% on this metric.

Zhongtian Construction (Hunan) Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,080.1 Mil. Zhongtian Construction (Hunan) Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$243.7 Mil. Hence, Zhongtian Construction (Hunan) Group's Days Payable for the six months ended in Dec. 2025 was 808.78.

The historical rank and industry rank for Zhongtian Construction (Hunan) Group's Days Payable or its related term are showing as below:

HKSE:02433' s Days Payable Range Over the Past 10 Years
Min: 172.46   Med: 294.22   Max: 675.93
Current: 675.93

During the past 7 years, Zhongtian Construction (Hunan) Group's highest Days Payable was 675.93. The lowest was 172.46. And the median was 294.22.

HKSE:02433's Days Payable is ranked better than
96.74% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs HKSE:02433: 675.93

Zhongtian Construction (Hunan) Group's Days Payable increased from Dec. 2024 (325.90) to Dec. 2025 (808.78). It may suggest that Zhongtian Construction (Hunan) Group delayed paying its suppliers.


Zhongtian Construction (Hunan) Group Days Payable Related Terms


Zhongtian Construction (Hunan) Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group Days Payable Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 276.38 225.62 172.46 390.02 630.42

Zhongtian Construction (Hunan) Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 123.54 508.59 325.90 615.50 808.78

HKSE:02433 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Zhongtian Construction (Hunan) 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.


Zhongtian Construction (Hunan) Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Zhongtian Construction (Hunan) Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhongtian Construction (Hunan) Group's Days Payable falls into.



Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) 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
=( (1061.059 + 954.209) / 2 ) / 583.403*365
=1007.634 / 583.403*365
=630.42

Zhongtian Construction (Hunan) 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
=( (1205.973 + 954.209) / 2 ) / 243.72*365 / 2
=1080.091 / 243.72*365 / 2
=808.78

* 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 808.78 mean?
Zhongtian Construction (Hunan) Group (HKSE:02433) has a Days Payable of 808.78 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 Zhongtian Construction (Hunan) Group and its competitors. This is 175% above median its historical median of 294.22. Over the past decade, Zhongtian Construction (Hunan) Group's Days Payable has ranged from 172.46 to 675.93. According to the industry distribution chart, Zhongtian Construction (Hunan) Group ranks #56 out of 1716 companies in the Construction industry, placing it in the top 3.3%.
Is Zhongtian Construction (Hunan) Group's Days Payable too high?
Zhongtian Construction (Hunan) Group's current Days Payable of 808.78 is 175% above median its 10-year median of 294.22. Over the past 10 years, this metric has ranged from a low of 172.46 to a high of 675.93. The Construction industry median Days Payable is 76.50. Zhongtian Construction (Hunan) Group's value of 808.78 is 957.2% above this industry median. Based on the distribution chart, Zhongtian Construction (Hunan) Group ranks #56 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Zhongtian Construction (Hunan) Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zhongtian Construction (Hunan) Group ranks #56 out of 1716 companies for Days Payable. This places Zhongtian Construction (Hunan) Group in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.50. Zhongtian Construction (Hunan) Group's value of 808.78 is 957.2% above this benchmark. Historically, Zhongtian Construction (Hunan) Group's own Days Payable has ranged from 172.46 to 675.93 over the past decade. While the company's 10-year median is 294.22 vs. the industry median of 76.50, Zhongtian Construction (Hunan) 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. Zhongtian Construction (Hunan) Group's current Days Payable of 808.78 is 957.2% 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 Zhongtian Construction (Hunan) Group and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongtian Construction (Hunan) Group's current Days Payable is 808.78, which is 175% above median its own 10-year median of 294.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongtian Construction (Hunan) Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongtian Construction (Hunan) Group (HKSE:02433) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.07 — trading 48% above its estimated fair value. The current Days Payable is 808.78, which is 175% above median its 10-year median of 294.22 and 957.2% above the Construction industry median of 76.50. 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 Zhongtian Construction (Hunan) Group (HKSE:02433), the current Days Payable is 808.78 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.

Zhongtian Construction (Hunan) Group Business Description

Address Jinlong East Road, Phase 1 Research Building, No. 298, Hetang District, Hunan Province, Zhuzhou, CHN
Zhongtian Construction (Hunan) Group Ltd investment holding company. The company is principally engaged in the provision of construction services in the PRC. It focuses on the provision of construction services comprising civil building construction services, provision of construction contracting mainly as general contractor for residential, industrial; municipal works construction services, which mainly consist of the construction of urban roads, education institutions, sports stadiums and water supply works; foundation works services which include foundation construction as well as earthwork construction; prefabricated steel structure construction services; and other specialized contracting works which include building renovation and decoration construction specialized contracting.