LX Technology Group (HKSE:02436) Days Payable: 17.42 (As of Dec. 2025) — 43% Below Median

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HKSE:02436 LX Technology Group Ltd HKSE:02436
60 GF Score
Price HK$18.50
GF Value HK$6.67
Valuation Significantly Overvalued
! 6 Warning Signs
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What is LX Technology Group Days Payable?

LX Technology Group HKSE:02436 -2.63% 60 Days Payable is 17.42 as of Dec. 2025, which is 43% below its 10-year median of 30.57. GuruFocus rates HKSE:02436 with a GF Score™ of 60/100 and a GF Value™ of HK$6.67 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,441 Hardware companies, LX Technology Group ranks worse than 95.25% on this metric.

LX Technology Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$119 Mil. LX Technology Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,247 Mil. Hence, LX Technology Group's Days Payable for the six months ended in Dec. 2025 was 17.42.

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

HKSE:02436' s Days Payable Range Over the Past 10 Years
Min: 18.22   Med: 30.57   Max: 91.78
Current: 18.22

During the past 7 years, LX Technology Group's highest Days Payable was 91.78. The lowest was 18.22. And the median was 30.57.

HKSE:02436's Days Payable is ranked worse than
95.25% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs HKSE:02436: 18.22

LX Technology Group's Days Payable increased from Dec. 2024 (14.86) to Dec. 2025 (17.42). It may suggest that LX Technology Group delayed paying its suppliers.


LX Technology Group Days Payable Historical Data

* Premium members only.

The historical data trend for LX Technology 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.

LX Technology Group Days Payable Chart

LX Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 31.99 24.92 30.57 21.72 19.43

LX Technology Group Semi-Annual Data
Dec19 Dec20 Jun21 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 Premium Member Only 27.22 27.69 14.86 17.71 17.42

HKSE:02436 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, LX Technology 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.


LX Technology Group Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, LX Technology Group's Days Payable distribution charts can be found below:

* The bar in red indicates where LX Technology Group's Days Payable falls into.


HKSE:02436
60GF Score
LX Technology Group Ltd HKSE:02436
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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LX Technology 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.

LX Technology 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
=( (114.649 + 137.524) / 2 ) / 2368.017*365
=126.0865 / 2368.017*365
=19.43

LX Technology 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
=( (100.593 + 137.524) / 2 ) / 1246.968*365 / 2
=119.0585 / 1246.968*365 / 2
=17.42

* 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 17.42 mean?
LX Technology Group (HKSE:02436) has a Days Payable of 17.42 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 LX Technology Group and its competitors. This is 43% below median its historical median of 30.57. Over the past decade, LX Technology Group's Days Payable has ranged from 18.22 to 91.78. According to the industry distribution chart, LX Technology Group ranks #2325 out of 2441 companies in the Hardware industry, placing it in the top 95.2%.
Is LX Technology Group's Days Payable too high?
LX Technology Group's current Days Payable of 17.42 is 43% below median its 10-year median of 30.57. Over the past 10 years, this metric has ranged from a low of 18.22 to a high of 91.78. The Hardware industry median Days Payable is 69.89. LX Technology Group's value of 17.42 is 75.1% below this industry median. Based on the distribution chart, LX Technology Group ranks #2325 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LX Technology Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LX Technology Group's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, LX Technology Group ranks #2325 out of 2441 companies for Days Payable. This places LX Technology Group in the lower half of its industry. The industry median Days Payable is 69.89. LX Technology Group's value of 17.42 is 75.1% below this benchmark. Historically, LX Technology Group's own Days Payable has ranged from 18.22 to 91.78 over the past decade. While the company's 10-year median is 30.57 vs. the industry median of 69.89, LX Technology Group has consistently been below 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. LX Technology Group's current Days Payable of 17.42 is 75.1% below 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 LX Technology Group and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LX Technology Group's current Days Payable is 17.42, which is 43% below median its own 10-year median of 30.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LX Technology Group stock overvalued right now?
Based on GuruFocus' analysis, LX Technology Group (HKSE:02436) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.67, compared to a current price of HK$18.50 — trading 177.4% above its estimated fair value. The current Days Payable is 17.42, which is 43% below median its 10-year median of 30.57 and 75.1% below the Hardware industry median of 69.89. LX Technology Group's overall GF Score™ is 60/100 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 LX Technology Group (HKSE:02436), the current Days Payable is 17.42 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 LX Technology Group (HKSE:02436) Overvalued in 2026?

Based on GuruFocus' analysis, LX Technology Group stock appears to be overvalued. The current stock price of HK$18.50 is trading 177.4% above its estimated GF Value™ of HK$6.67. GuruFocus considers LX Technology Group to be Significantly Overvalued.

Key valuation signals for HKSE:02436:

  • Days Payable: 17.42 (43% below median its 10-year median of 30.57)
  • GF Value™: HK$6.67 vs. price of HK$18.50 (177.4% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 75.1% below the Hardware median (#2325 of 2441)

No single metric tells the full story. See the HKSE:02436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LX Technology Group Business Description

Address 10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, Maling District, Futian District, Shenzhen, CHN
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The service line of the company are the Device recycling business, Device subscription services and IT technical subscription services. from which the company earns maximum revenue from the Device recycling business.
60GF Score

Get the complete analysis for HKSE:02436

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

HK$18.50
Price
HK$6.67
GF Value