Folangsi Co (HKSE:02499) Days Payable: 101.98 (As of Dec. 2025) — Near Median

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HKSE:02499 Folangsi Co Ltd HKSE:02499
37 GF Score
Price HK$5.87
! 10 Warning Signs
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What is Folangsi Co Days Payable?

Folangsi Co HKSE:02499 -0.17% 37 Days Payable is 101.98 as of Dec. 2025, which is 7% below its 10-year median of 109.16. GuruFocus rates HKSE:02499 with a GF Score™ of 37/100. The stock has 10 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Folangsi Co ranks better than 67.46% on this metric.

Folangsi Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$390 Mil. Folangsi Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$699 Mil. Hence, Folangsi Co's Days Payable for the six months ended in Dec. 2025 was 101.98.

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

HKSE:02499' s Days Payable Range Over the Past 10 Years
Min: 96.62   Med: 109.16   Max: 114.15
Current: 108.12

During the past 6 years, Folangsi Co's highest Days Payable was 114.15. The lowest was 96.62. And the median was 109.16.

HKSE:02499's Days Payable is ranked better than
67.46% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs HKSE:02499: 108.12

Folangsi Co's Days Payable declined from Dec. 2024 (109.02) to Dec. 2025 (101.98). It may suggest that Folangsi Co accelerated paying its suppliers.


Folangsi Co Days Payable Historical Data

* Premium members only.

The historical data trend for Folangsi 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.

Folangsi Co Days Payable Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 96.62 114.15 109.90 111.91 108.24

Folangsi Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 113.36 122.45 109.02 114.05 101.98

HKSE:02499 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.


Folangsi Co Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Days Payable distribution charts can be found below:

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


HKSE:02499
37GF Score
Folangsi Co Ltd HKSE:02499
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Folangsi 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.

Folangsi 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
=( (415.61 + 386.834) / 2 ) / 1353.035*365
=401.222 / 1353.035*365
=108.24

Folangsi 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
=( (393.808 + 386.834) / 2 ) / 698.511*365 / 2
=390.321 / 698.511*365 / 2
=101.98

* 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 101.98 mean?
Folangsi Co (HKSE:02499) has a Days Payable of 101.98 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 Folangsi Co and its competitors. This is near median its historical median of 109.16. Over the past decade, Folangsi Co's Days Payable has ranged from 96.62 to 114.15. According to the industry distribution chart, Folangsi Co ranks #68 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 32.5%.
Is Folangsi Co's Days Payable too high?
Folangsi Co's current Days Payable of 101.98 is near median its 10-year median of 109.16. Over the past 10 years, this metric has ranged from a low of 96.62 to a high of 114.15. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Folangsi Co's value of 101.98 is 49.7% above this industry median. Based on the distribution chart, Folangsi Co ranks #68 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Folangsi Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Folangsi Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Folangsi Co ranks #68 out of 209 companies for Days Payable. This puts Folangsi Co in the upper half of its industry. The industry median Days Payable is 68.13. Folangsi Co's value of 101.98 is 49.7% above this benchmark. Historically, Folangsi Co's own Days Payable has ranged from 96.62 to 114.15 over the past decade. While the company's 10-year median is 109.16 vs. the industry median of 68.13, Folangsi 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Folangsi Co's current Days Payable of 101.98 is 49.7% 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 Folangsi Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Folangsi Co's current Days Payable is 101.98, which is near median its own 10-year median of 109.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Folangsi Co stock overvalued right now?
Folangsi Co (HKSE:02499) has a current Days Payable of 101.98. The current Days Payable is 101.98, which is near median its 10-year median of 109.16 and 49.7% above the Farm & Heavy Construction Machinery industry median of 68.13. Folangsi Co's overall GF Score™ is 37/100 with 10 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 Folangsi Co (HKSE:02499), the current Days Payable is 101.98 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.

Folangsi Co Business Description

Address No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Folangsi Co Ltd is engaged in the provision of intralogistics equipment subscription services (including leases of equipment), provision of maintenance and repair services and sale of intralogistics equipment and parts. Its segments include Intralogistics equipment subscription services; Maintenance and repair services; and Sales of intralogistics equipment and parts. The company generates majority of its revenue from Intralogistics equipment subscription services, where it charges customers fees based on the duration used relevant intralogistics equipment.
37GF Score

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HK$5.87
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