Mokingran Jewellery Group Co (HKSE:02585) Days Payable: 4.24 (As of Dec. 2025) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02585 Mokingran Jewellery Group Co Ltd HKSE:02585
19 GF Score
Price HK$26.04
! 3 Warning Signs
View Full Analysis

What is Mokingran Jewellery Group Co Days Payable?

Mokingran Jewellery Group Co HKSE:02585 +2.76% 19 Days Payable is 4.24 as of Dec. 2025, which is 23% below its 10-year median of 5.51. GuruFocus rates HKSE:02585 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,106 Retail - Cyclical companies, Mokingran Jewellery Group Co ranks worse than 94.76% on this metric.

Mokingran Jewellery Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$244 Mil. Mokingran Jewellery Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$10,497 Mil. Hence, Mokingran Jewellery Group Co's Days Payable for the six months ended in Dec. 2025 was 4.24.

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

HKSE:02585' s Days Payable Range Over the Past 10 Years
Min: 1.02   Med: 5.51   Max: 9.12
Current: 5.26

During the past 5 years, Mokingran Jewellery Group Co's highest Days Payable was 9.12. The lowest was 1.02. And the median was 5.51.

HKSE:02585's Days Payable is ranked worse than
94.76% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs HKSE:02585: 5.26

Mokingran Jewellery Group Co's Days Payable declined from Dec. 2024 (7.07) to Dec. 2025 (4.24). It may suggest that Mokingran Jewellery Group Co accelerated paying its suppliers.


Mokingran Jewellery Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mokingran Jewellery Group 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.

Mokingran Jewellery Group Co Days Payable Chart

Mokingran Jewellery Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
1.02 1.40 5.51 9.12 6.17

Mokingran Jewellery Group Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 9.03 8.01 7.07 5.33 4.24

HKSE:02585 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Mokingran Jewellery Group 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.


Mokingran Jewellery Group Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mokingran Jewellery Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mokingran Jewellery Group Co's Days Payable falls into.


HKSE:02585
19GF Score
Mokingran Jewellery Group Co Ltd HKSE:02585
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mokingran Jewellery Group 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.

Mokingran Jewellery Group 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
=( (420.751 + 293.686) / 2 ) / 21133.999*365
=357.2185 / 21133.999*365
=6.17

Mokingran Jewellery Group 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
=( (193.861 + 293.686) / 2 ) / 10497.218*365 / 2
=243.7735 / 10497.218*365 / 2
=4.24

* 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 4.24 mean?
Mokingran Jewellery Group Co (HKSE:02585) has a Days Payable of 4.24 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 Mokingran Jewellery Group Co and its competitors. This is 23% below median its historical median of 5.51. Over the past decade, Mokingran Jewellery Group Co's Days Payable has ranged from 1.02 to 9.12. According to the industry distribution chart, Mokingran Jewellery Group Co ranks #1048 out of 1106 companies in the Retail - Cyclical industry, placing it in the top 94.8%.
Is Mokingran Jewellery Group Co's Days Payable too high?
Mokingran Jewellery Group Co's current Days Payable of 4.24 is 23% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 9.12. The Retail - Cyclical industry median Days Payable is 51.22. Mokingran Jewellery Group Co's value of 4.24 is 91.7% below this industry median. Based on the distribution chart, Mokingran Jewellery Group Co ranks #1048 out of 1106 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mokingran Jewellery Group Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mokingran Jewellery Group Co's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mokingran Jewellery Group Co ranks #1048 out of 1106 companies for Days Payable. This places Mokingran Jewellery Group Co in the lower half of its industry. The industry median Days Payable is 51.22. Mokingran Jewellery Group Co's value of 4.24 is 91.7% below this benchmark. Historically, Mokingran Jewellery Group Co's own Days Payable has ranged from 1.02 to 9.12 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 51.22, Mokingran Jewellery Group 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 51.22, based on 1,106 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. Mokingran Jewellery Group Co's current Days Payable of 4.24 is 91.7% 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 Mokingran Jewellery Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mokingran Jewellery Group Co's current Days Payable is 4.24, which is 23% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mokingran Jewellery Group Co stock overvalued right now?
Mokingran Jewellery Group Co (HKSE:02585) has a current Days Payable of 4.24. The current Days Payable is 4.24, which is 23% below median its 10-year median of 5.51 and 91.7% below the Retail - Cyclical industry median of 51.22. Mokingran Jewellery Group Co's overall GF Score™ is 19/100 with 3 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 Mokingran Jewellery Group Co (HKSE:02585), the current Days Payable is 4.24 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.

Mokingran Jewellery Group Co Business Description

Address No. 15 Ziyuan Road, Huayuan Industrial Zone, Binhai Hi-Tech District, Tianjin, CHN
Mokingran Jewellery Group Co Ltd is a gold jewellery Original Brand Manufacturer (OBM). It is engaged in the design, production, wholesale, and retail of jewellery in the PRC. The company generates almost all of its revenue from Gold jewellery and other gold products in the Chinese mainland market, and a small portion of its revenue from K gold jewellery, diamond inlaying jewellery and other products.
19GF Score

Get the complete analysis for HKSE:02585

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

HK$26.04
Price