Dmall (HKSE:02586) Days Payable: 28.77 (As of Dec. 2025) — Near Median

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HKSE:02586 Dmall Inc HKSE:02586
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Price HK$5.48
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What is Dmall Days Payable?

Dmall HKSE:02586 +2.43% 12 Days Payable is 28.77 as of Dec. 2025, which is 7% above its 10-year median of 26.86. GuruFocus rates HKSE:02586 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 2,609 Software companies, Dmall ranks worse than 69.72% on this metric.

Dmall's average Accounts Payable for the six months ended in Dec. 2025 was HK$124 Mil. Dmall's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$787 Mil. Hence, Dmall's Days Payable for the six months ended in Dec. 2025 was 28.77.

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

HKSE:02586' s Days Payable Range Over the Past 10 Years
Min: 26.14   Med: 26.86   Max: 30.71
Current: 28.4

During the past 5 years, Dmall's highest Days Payable was 30.71. The lowest was 26.14. And the median was 26.86.

HKSE:02586's Days Payable is ranked worse than
69.72% of 2609 companies
in the Software industry
Industry Median: 52.45 vs HKSE:02586: 28.40

Dmall's Days Payable declined from Dec. 2024 (33.87) to Dec. 2025 (28.77). It may suggest that Dmall accelerated paying its suppliers.


Dmall Days Payable Historical Data

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The historical data trend for Dmall'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.

Dmall Days Payable Chart

Dmall Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
26.67 26.14 26.86 30.71 27.32

Dmall Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 29.05 29.32 33.87 28.99 28.77

HKSE:02586 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Dmall'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.


Dmall Days Payable vs Software Industry

For the Software industry and Technology sector, Dmall's Days Payable distribution charts can be found below:

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


HKSE:02586
12GF Score
Dmall Inc HKSE:02586
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dmall 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.

Dmall'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
=( (105.201 + 122.544) / 2 ) / 1521.177*365
=113.8725 / 1521.177*365
=27.32

Dmall'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
=( (125.579 + 122.544) / 2 ) / 787.092*365 / 2
=124.0615 / 787.092*365 / 2
=28.77

* 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 28.77 mean?
Dmall (HKSE:02586) has a Days Payable of 28.77 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 Dmall and its competitors. This is near median its historical median of 26.86. Over the past decade, Dmall's Days Payable has ranged from 26.14 to 30.71. According to the industry distribution chart, Dmall ranks #1819 out of 2609 companies in the Software industry, placing it in the top 69.7%.
Is Dmall's Days Payable too high?
Dmall's current Days Payable of 28.77 is near median its 10-year median of 26.86. Over the past 10 years, this metric has ranged from a low of 26.14 to a high of 30.71. The Software industry median Days Payable is 52.45. Dmall's value of 28.77 is 45.1% below this industry median. Based on the distribution chart, Dmall ranks #1819 out of 2609 companies in the Software industry, which is below the industry midpoint. Overall, Dmall has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Dmall's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Dmall ranks #1819 out of 2609 companies for Days Payable. This places Dmall in the lower half of its industry. The industry median Days Payable is 52.45. Dmall's value of 28.77 is 45.1% below this benchmark. Historically, Dmall's own Days Payable has ranged from 26.14 to 30.71 over the past decade. While the company's 10-year median is 26.86 vs. the industry median of 52.45, Dmall 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 Software company?
The median Days Payable among Software companies is 52.45, based on 2,609 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. Dmall's current Days Payable of 28.77 is 45.1% 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 Dmall and its competitors. For the Software industry, the median Days Payable is 52.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dmall's current Days Payable is 28.77, which is near median its own 10-year median of 26.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dmall stock overvalued right now?
Dmall (HKSE:02586) has a current Days Payable of 28.77. The current Days Payable is 28.77, which is near median its 10-year median of 26.86 and 45.1% below the Software industry median of 52.45. Dmall's overall GF Score™ is 12/100 with 5 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 Dmall (HKSE:02586), the current Days Payable is 28.77 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.

Dmall Business Description

Address No. 28, Zhongguancun Street, Floor 8, Block B, Haidian Culture and Art Building, Haidian District, Beijing, CHN
Dmall Inc is a retail digitalization solution provider in China and Asia, which offers a range of principal products and services designed to digitalize and optimize operations of the local retailers. The principal activities of the Company consist of providing an AI retail core solution and AI retail value-added services to customers, both of which fall under the Retail Core Service Cloud Solutions. The company distinguishes itself from its competitors by achieving full-spectrum coverage, incorporating industry practices, and facilitating intelligent data-driven business decision-making. The Group positions AI at the core of its strategic priorities and has reorganized its revenue structure into two core segments: AI retail core solution and AI retail value-added service.
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