Carote (HKSE:02549) Days Payable: 75.23 (As of Dec. 2025) — 35% Below Median

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HKSE:02549 Carote Ltd HKSE:02549
21 GF Score
Price HK$3.68
! 4 Warning Signs
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What is Carote Days Payable?

Carote HKSE:02549 -2.39% 21 Days Payable is 75.23 as of Dec. 2025, which is 35% below its 10-year median of 114.86. GuruFocus rates HKSE:02549 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Carote ranks better than 66.59% on this metric.

Carote's average Accounts Payable for the six months ended in Dec. 2025 was HK$417 Mil. Carote's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,012 Mil. Hence, Carote's Days Payable for the six months ended in Dec. 2025 was 75.23.

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

HKSE:02549' s Days Payable Range Over the Past 10 Years
Min: 94.55   Med: 114.86   Max: 216.62
Current: 94.55

During the past 5 years, Carote's highest Days Payable was 216.62. The lowest was 94.55. And the median was 114.86.

HKSE:02549's Days Payable is ranked better than
66.59% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs HKSE:02549: 94.55

Carote's Days Payable declined from Dec. 2024 (106.88) to Dec. 2025 (75.23). It may suggest that Carote accelerated paying its suppliers.


Carote Days Payable Historical Data

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The historical data trend for Carote'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.

Carote Days Payable Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
187.53 216.62 114.86 112.70 99.31

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 118.76 106.88 119.89 75.23

HKSE:02549 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Carote'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.


Carote Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Days Payable distribution charts can be found below:

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


HKSE:02549
21GF Score
Carote Ltd HKSE:02549
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Carote 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.

Carote'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
=( (423.887 + 460.567) / 2 ) / 1625.332*365
=442.227 / 1625.332*365
=99.31

Carote'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
=( (373.639 + 460.567) / 2 ) / 1011.844*365 / 2
=417.103 / 1011.844*365 / 2
=75.23

* 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 75.23 mean?
Carote (HKSE:02549) has a Days Payable of 75.23 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 Carote and its competitors. This is 35% below median its historical median of 114.86. Over the past decade, Carote's Days Payable has ranged from 94.55 to 216.62. According to the industry distribution chart, Carote ranks #139 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33.4%.
Is Carote's Days Payable too high?
Carote's current Days Payable of 75.23 is 35% below median its 10-year median of 114.86. Over the past 10 years, this metric has ranged from a low of 94.55 to a high of 216.62. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Carote's value of 75.23 is 18% above this industry median. Based on the distribution chart, Carote ranks #139 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Carote has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Carote's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #139 out of 416 companies for Days Payable. This puts Carote in the upper half of its industry. The industry median Days Payable is 63.75. Carote's value of 75.23 is 18% above this benchmark. Historically, Carote's own Days Payable has ranged from 94.55 to 216.62 over the past decade. While the company's 10-year median is 114.86 vs. the industry median of 63.75, Carote 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Carote's current Days Payable of 75.23 is 18% 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 Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Days Payable is 75.23, which is 35% below median its own 10-year median of 114.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carote stock overvalued right now?
Carote (HKSE:02549) has a current Days Payable of 75.23. The current Days Payable is 75.23, which is 35% below median its 10-year median of 114.86 and 18% above the Furnishings, Fixtures & Appliances industry median of 63.75. Carote's overall GF Score™ is 21/100 with 4 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 Carote (HKSE:02549), the current Days Payable is 75.23 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.

Carote Business Description

Address Unit 1, Tower 6, 3rd - 5th Floor, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Carote Ltd is a brand of kitchenware products. Its products are designed to provide customers with practical, well-designed, and affordable items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware, from essential pots and pans to well-designed tableware and beverage containers, aiming to meet various kitchen needs and enhance the culinary experience. Geographically, the company operates in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and other countries. The majority of its revenue comes from the United States.
21GF Score

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