Fenbi (HKSE:02469) Days Payable: 7.68 (As of Dec. 2025) — 16% Below Median

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HKSE:02469 Fenbi Ltd HKSE:02469
73 GF Score
Price HK$0.44
GF Value HK$3.46
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Fenbi Days Payable?

Fenbi HKSE:02469 +6.10% 73 Days Payable is 7.68 as of Dec. 2025, which is 16% below its 10-year median of 9.17. GuruFocus rates HKSE:02469 with a GF Score™ of 73/100 and a GF Value™ of HK$3.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 210 Education companies, Fenbi ranks worse than 84.29% on this metric.

Fenbi's average Accounts Payable for the six months ended in Dec. 2025 was HK$26 Mil. Fenbi's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$616 Mil. Hence, Fenbi's Days Payable for the six months ended in Dec. 2025 was 7.68.

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

HKSE:02469' s Days Payable Range Over the Past 10 Years
Min: 6.63   Med: 9.17   Max: 44.71
Current: 7.91

During the past 7 years, Fenbi's highest Days Payable was 44.71. The lowest was 6.63. And the median was 9.17.

HKSE:02469's Days Payable is ranked worse than
84.29% of 210 companies
in the Education industry
Industry Median: 34.365 vs HKSE:02469: 7.91

Fenbi's Days Payable declined from Dec. 2024 (9.91) to Dec. 2025 (7.68). It may suggest that Fenbi accelerated paying its suppliers.


Fenbi Days Payable Historical Data

* Premium members only.

The historical data trend for Fenbi'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.

Fenbi Days Payable Chart

Fenbi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 23.34 6.72 6.63 9.03 9.17

Fenbi 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 9.06 7.18 9.91 6.89 7.68

HKSE:02469 vs EDU, TAL, LAUR: Days Payable Comparison

For the Education & Training Services subindustry, Fenbi'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.


Fenbi Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, Fenbi's Days Payable distribution charts can be found below:

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


HKSE:02469
73GF Score
Fenbi Ltd HKSE:02469
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fenbi 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.

Fenbi'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
=( (36.898 + 32.091) / 2 ) / 1373.724*365
=34.4945 / 1373.724*365
=9.17

Fenbi'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
=( (19.748 + 32.091) / 2 ) / 615.657*365 / 2
=25.9195 / 615.657*365 / 2
=7.68

* 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 7.68 mean?
Fenbi (HKSE:02469) has a Days Payable of 7.68 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 Fenbi and its competitors. This is 16% below median its historical median of 9.17. Over the past decade, Fenbi's Days Payable has ranged from 6.63 to 44.71. According to the industry distribution chart, Fenbi ranks #177 out of 210 companies in the Education industry, placing it in the top 84.3%.
Is Fenbi's Days Payable too high?
Fenbi's current Days Payable of 7.68 is 16% below median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 44.71. The Education industry median Days Payable is 34.37. Fenbi's value of 7.68 is 77.7% below this industry median. Based on the distribution chart, Fenbi ranks #177 out of 210 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Fenbi has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fenbi's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, Fenbi ranks #177 out of 210 companies for Days Payable. This places Fenbi in the lower half of its industry. The industry median Days Payable is 34.37. Fenbi's value of 7.68 is 77.7% below this benchmark. Historically, Fenbi's own Days Payable has ranged from 6.63 to 44.71 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 34.37, Fenbi 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 an Education company?
The median Days Payable among Education companies is 34.37, based on 210 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. Fenbi's current Days Payable of 7.68 is 77.7% 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 Fenbi and its competitors. For the Education industry, the median Days Payable is 34.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenbi's current Days Payable is 7.68, which is 16% below median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenbi stock overvalued right now?
Based on GuruFocus' analysis, Fenbi (HKSE:02469) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.46, compared to a current price of HK$0.44 — trading 87.4% below its estimated fair value. The current Days Payable is 7.68, which is 16% below median its 10-year median of 9.17 and 77.7% below the Education industry median of 34.37. Fenbi's overall GF Score™ is 73/100 with 2 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 Fenbi (HKSE:02469), the current Days Payable is 7.68 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 Fenbi (HKSE:02469) Overvalued in 2026?

Based on GuruFocus' analysis, Fenbi stock appears to be undervalued. The current stock price of HK$0.44 is trading 87.4% below its estimated GF Value™ of HK$3.46. GuruFocus considers Fenbi to be Possible Value Trap.

Key valuation signals for HKSE:02469:

  • Days Payable: 7.68 (16% below median its 10-year median of 9.17)
  • GF Value™: HK$3.46 vs. price of HK$0.44 (87.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 77.7% below the Education median (#177 of 210)

No single metric tells the full story. See the HKSE:02469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fenbi Business Description

Other Exchanges U92:Germany
Address Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN
Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and several professions and industries. The company helps college graduates excel in the competitive selection process administered by governmental institutions and helps professionals obtain the relevant qualifications. Its segments are Tutoring services and Sales of books. The company generates the majority of its revenue from Tutoring services, which are classroom-based platforms teaching to students who physically attend the lecture centers or through an online platform.
73GF Score

Get the complete analysis for HKSE:02469

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

HK$0.44
Price
HK$3.46
GF Value