Shenzhen Hiphine Precision Technology Co (HKSE:02583) Days Payable: 16.97 (As of Dec. 2025) — Near Median

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HKSE:02583 Shenzhen Hiphine Precision Technology Co Ltd HKSE:02583
20 GF Score
Price HK$53.55
! 2 Warning Signs
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What is Shenzhen Hiphine Precision Technology Co Days Payable?

Shenzhen Hiphine Precision Technology Co HKSE:02583 +2.00% 20 Days Payable is 16.97 as of Dec. 2025, which is 9% below its 10-year median of 18.63. GuruFocus rates HKSE:02583 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Shenzhen Hiphine Precision Technology Co ranks worse than 85.09% on this metric.

Shenzhen Hiphine Precision Technology Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$21.5 Mil. Shenzhen Hiphine Precision Technology Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$462.0 Mil. Hence, Shenzhen Hiphine Precision Technology Co's Days Payable for the six months ended in Dec. 2025 was 8.49.

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

HKSE:02583' s Days Payable Range Over the Past 10 Years
Min: 16.97   Med: 18.63   Max: 22.55
Current: 16.97

During the past 4 years, Shenzhen Hiphine Precision Technology Co's highest Days Payable was 22.55. The lowest was 16.97. And the median was 18.63.

HKSE:02583's Days Payable is ranked worse than
85.09% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs HKSE:02583: 16.97

Shenzhen Hiphine Precision Technology Co's Days Payable declined from Dec. 2023 (18.00) to Dec. 2025 (16.97). It may suggest that Shenzhen Hiphine Precision Technology Co accelerated paying its suppliers.


Shenzhen Hiphine Precision Technology Co Days Payable Related Terms


Shenzhen Hiphine Precision Technology Co Days Payable Historical Data

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The historical data trend for Shenzhen Hiphine Precision Technology 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.

Shenzhen Hiphine Precision Technology Co Days Payable Chart

Shenzhen Hiphine Precision Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
22.55 18.00 19.26 16.97

Shenzhen Hiphine Precision Technology Co Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Payable 22.55 18.00 19.26 16.97

HKSE:02583 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Shenzhen Hiphine Precision Technology 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.


Shenzhen Hiphine Precision Technology Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Hiphine Precision Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Hiphine Precision Technology Co's Days Payable falls into.


HKSE:02583
20GF Score
Shenzhen Hiphine Precision Technology Co Ltd HKSE:02583
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Hiphine Precision Technology 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.

Shenzhen Hiphine Precision Technology 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
=( (18.998 + 23.97) / 2 ) / 462.048*365
=21.484 / 462.048*365
=16.97

Shenzhen Hiphine Precision Technology 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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (18.998 + 23.97) / 2 ) / 462.048*365 / 2
=21.484 / 462.048*365 / 2
=8.49

* 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 16.97 mean?
Shenzhen Hiphine Precision Technology Co (HKSE:02583) has a Days Payable of 16.97 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 Shenzhen Hiphine Precision Technology Co and its competitors. This is near median its historical median of 18.63. Over the past decade, Shenzhen Hiphine Precision Technology Co's Days Payable has ranged from 16.97 to 22.55. According to the industry distribution chart, Shenzhen Hiphine Precision Technology Co ranks #942 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 85.1%.
Is Shenzhen Hiphine Precision Technology Co's Days Payable too high?
Shenzhen Hiphine Precision Technology Co's current Days Payable of 16.97 is near median its 10-year median of 18.63. Over the past 10 years, this metric has ranged from a low of 16.97 to a high of 22.55. The Retail - Cyclical industry median Days Payable is 51.29. Shenzhen Hiphine Precision Technology Co's value of 16.97 is 66.9% below this industry median. Based on the distribution chart, Shenzhen Hiphine Precision Technology Co ranks #942 out of 1107 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Hiphine Precision Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Hiphine Precision Technology Co's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shenzhen Hiphine Precision Technology Co ranks #942 out of 1107 companies for Days Payable. This places Shenzhen Hiphine Precision Technology Co in the lower half of its industry. The industry median Days Payable is 51.29. Shenzhen Hiphine Precision Technology Co's value of 16.97 is 66.9% below this benchmark. Historically, Shenzhen Hiphine Precision Technology Co's own Days Payable has ranged from 16.97 to 22.55 over the past decade. While the company's 10-year median is 18.63 vs. the industry median of 51.29, Shenzhen Hiphine Precision Technology Co 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,107 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. Shenzhen Hiphine Precision Technology Co's current Days Payable of 16.97 is 66.9% 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 Shenzhen Hiphine Precision Technology Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Hiphine Precision Technology Co's current Days Payable is 16.97, which is near median its own 10-year median of 18.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Hiphine Precision Technology Co stock overvalued right now?
Shenzhen Hiphine Precision Technology Co (HKSE:02583) has a current Days Payable of 16.97. The current Days Payable is 16.97, which is near median its 10-year median of 18.63 and 66.9% below the Retail - Cyclical industry median of 51.29. Shenzhen Hiphine Precision Technology Co's overall GF Score™ is 20/100 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 Shenzhen Hiphine Precision Technology Co (HKSE:02583), the current Days Payable is 16.97 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.

Shenzhen Hiphine Precision Technology Co Business Description

Address No. 99 Beili North Road, Cuijin Community Cuizhu Street, Shuibei International Jewellery Centre 2901, Luohu District, Guangdong Province, Luohu District, CHN
Shenzhen Hiphine Precision Technology Co Ltd is a designer, manufacturer and brand-owner of gold-case watches and gold-bezel watches in China, focusing on the research, development and production of watches as well as related accessories. Its flagship proprietary brand HIPINE has been deeply engaged in the precious metal + wearable + smart segment, with the mission to Reconceptualise gold through technological innovation. It operates in only one segment and all of its revenue is derived from Mainland China.
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HK$53.55
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