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What is Wah Sun Handbags International Holdings Days Payable?
Wah Sun Handbags International HoldingsHKSE:02683 +0.45%66 Days Payable is 43.98 as of Mar. 2026, which is 47% below its 10-year median of 82.55. GuruFocus rates HKSE:02683 with a GF Score™ of 66/100 and a GF Value™ of HK$0.69 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Wah Sun Handbags International Holdings ranks worse than 60.63% on this metric.
HKSE:02683's Days Payable is ranked worse than 60.63% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.06
vs HKSE:02683: 43.03
* 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.
Wah Sun Handbags International Holdings Days Payable Chart
Wah Sun Handbags International Holdings Annual Data
HKSE:02683 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Wah Sun Handbags International Holdings'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.
Wah Sun Handbags International Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Wah Sun Handbags International Holdings's Days Payable falls into.
Wah Sun Handbags International Holdings 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.
* 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.
Wah Sun Handbags International Holdings (HKSE:02683) has a Days Payable of 43.98 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wah Sun Handbags International Holdings and its competitors. This is 47% below median its historical median of 82.55. Over the past decade, Wah Sun Handbags International Holdings' Days Payable has ranged from 43.03 to 110.93. According to the industry distribution chart, Wah Sun Handbags International Holdings ranks #619 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.6%.
Is Wah Sun Handbags International Holdings' Days Payable too high?
Wah Sun Handbags International Holdings' current Days Payable of 43.98 is 47% below median its 10-year median of 82.55. Over the past 10 years, this metric has ranged from a low of 43.03 to a high of 110.93. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.06. Wah Sun Handbags International Holdings' value of 43.98 is 18.6% below this industry median. Based on the distribution chart, Wah Sun Handbags International Holdings ranks #619 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Wah Sun Handbags International Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Sun Handbags International Holdings' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wah Sun Handbags International Holdings ranks #619 out of 1021 companies for Days Payable. This places Wah Sun Handbags International Holdings in the lower half of its industry. The industry median Days Payable is 54.06. Wah Sun Handbags International Holdings' value of 43.98 is 18.6% below this benchmark. Historically, Wah Sun Handbags International Holdings' own Days Payable has ranged from 43.03 to 110.93 over the past decade. While the company's 10-year median is 82.55 vs. the industry median of 54.06, Wah Sun Handbags International Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.06, based on 1,021 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. Wah Sun Handbags International Holdings's current Days Payable of 43.98 is 18.6% 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 Wah Sun Handbags International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wah Sun Handbags International Holdings's current Days Payable is 43.98, which is 47% below median its own 10-year median of 82.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Sun Handbags International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wah Sun Handbags International Holdings (HKSE:02683) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.69, compared to a current price of HK$1.12 — trading 62.3% above its estimated fair value. The current Days Payable is 43.98, which is 47% below median its 10-year median of 82.55 and 18.6% below the Manufacturing - Apparel & Accessories industry median of 54.06. Wah Sun Handbags International Holdings' overall GF Score™ is 66/100 with 1 warning sign 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 Wah Sun Handbags International Holdings (HKSE:02683), the current Days Payable is 43.98 as of Mar. 2026. 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.
Is Wah Sun Handbags International Holdings (HKSE:02683) Overvalued in 2026?
Based on GuruFocus' analysis, Wah Sun Handbags International Holdings stock appears to be overvalued.
The current stock price of HK$1.12 is trading 62.3% above its estimated GF Value™ of HK$0.69.
GuruFocus considers Wah Sun Handbags International Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02683:
Days Payable: 43.98 (47% below median its 10-year median of 82.55)
GF Value™: HK$0.69 vs. price of HK$1.12 (62.3% above fair value)
Industry Position: 18.6% below the Manufacturing - Apparel & Accessories median (#619 of 1021)
No single metric tells the full story. See the HKSE:02683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of non-leather handbag products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Canada, the Netherlands, China, and Other countries. Its non-leather handbags are made of materials such as PU, PVC, and various types of textile materials, which are mainly mass-market and middle-end priced products.
66GF Score
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