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CaoCaoHKSE:02643 -6.44%9 Days Payable is 15.06 as of Dec. 2025, which is 43% below its 10-year median of 26.23. GuruFocus rates HKSE:02643 with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 2,611 Software companies, CaoCao ranks worse than 85.45% on this metric.
CaoCao's average Accounts Payable for the
six
months ended in Dec. 2025 was HK$879 Mil. CaoCao's Cost of Goods Sold for the
six
months ended in Dec. 2025 was HK$10,650 Mil.
Hence, CaoCao's Days Payable for the
six
months ended in Dec. 2025 was 15.06.
The historical rank and industry rank for CaoCao's Days Payable or its related term are showing as below:
HKSE:02643'
s Days Payable Range Over the Past 10 Years
Min: 14.67 Med: 26.23 Max: 52.3
Current: 15.16
During the past 4 years, CaoCao's highest Days Payable was 52.30. The lowest was 14.67. And the median was 26.23.
HKSE:02643's Days Payable is ranked worse than 85.45% of 2611
companies
in the Software industry
Industry Median: 51.83
vs HKSE:02643: 15.16
CaoCao's Days Payable
declined
from Dec. 2024 (16.56) to Dec. 2025 (15.06).
It may suggest that CaoCaoaccelerated paying its suppliers.
The historical data trend for CaoCao'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.
HKSE:02643 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, CaoCao'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.
CaoCao Days Payable vs Software Industry
For the Software industry and Technology sector, CaoCao's Days Payable distribution charts can be found below:
* The bar in red indicates where CaoCao's Days Payable falls into.
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.
CaoCao's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CaoCao (HKSE:02643) has a Days Payable of 15.06 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 CaoCao and its competitors. This is 43% below median its historical median of 26.23. Over the past decade, CaoCao's Days Payable has ranged from 14.67 to 52.30. According to the industry distribution chart, CaoCao ranks #2231 out of 2611 companies in the Software industry, placing it in the top 85.4%.
Is CaoCao's Days Payable too high?
CaoCao's current Days Payable of 15.06 is 43% below median its 10-year median of 26.23. Over the past 10 years, this metric has ranged from a low of 14.67 to a high of 52.30. The Software industry median Days Payable is 51.83. CaoCao's value of 15.06 is 70.9% below this industry median. Based on the distribution chart, CaoCao ranks #2231 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CaoCao has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CaoCao's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, CaoCao ranks #2231 out of 2611 companies for Days Payable. This places CaoCao in the lower half of its industry. The industry median Days Payable is 51.83. CaoCao's value of 15.06 is 70.9% below this benchmark. Historically, CaoCao's own Days Payable has ranged from 14.67 to 52.30 over the past decade. While the company's 10-year median is 26.23 vs. the industry median of 51.83, CaoCao 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 51.83, based on 2,611 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. CaoCao's current Days Payable of 15.06 is 70.9% 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 CaoCao and its competitors. For the Software industry, the median Days Payable is 51.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CaoCao's current Days Payable is 15.06, which is 43% below median its own 10-year median of 26.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CaoCao stock overvalued right now?
CaoCao (HKSE:02643) has a current Days Payable of 15.06. The current Days Payable is 15.06, which is 43% below median its 10-year median of 26.23 and 70.9% below the Software industry median of 51.83. CaoCao's overall GF Score™ is 9/100 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 CaoCao (HKSE:02643), the current Days Payable is 15.06 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.
CaoCao Inc is a ride hailing platform in China. Company is engage in the mobility platforms that integrate fleet ownership, OEM capabilities and autonomous driving technologies. Also sale of vehicles to local car partners, independent fleet operators, and individual drivers. Companies revenue is generated from mobility services, particularly ride hailing.
9GF Score
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