Zhongliang Holdings Group Co (HKSE:02772) Days Payable: 447.58 (As of Dec. 2025) — 265% Above Median

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What is Zhongliang Holdings Group Co Days Payable?

Zhongliang Holdings Group Co HKSE:02772 Days Payable is 447.58 as of Dec. 2025, which is 265% above its 10-year median of 122.63. The stock has 4 warning signs investors should review. Among 1,572 Real Estate companies, Zhongliang Holdings Group Co ranks better than 87.34% on this metric.

Zhongliang Holdings Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$22,279 Mil. Zhongliang Holdings Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$9,084 Mil. Hence, Zhongliang Holdings Group Co's Days Payable for the six months ended in Dec. 2025 was 447.58.

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

HKSE:02772' s Days Payable Range Over the Past 10 Years
Min: 87.08   Med: 122.63   Max: 554.49
Current: 531.59

During the past 10 years, Zhongliang Holdings Group Co's highest Days Payable was 554.49. The lowest was 87.08. And the median was 122.63.

HKSE:02772's Days Payable is ranked better than
87.34% of 1572 companies
in the Real Estate industry
Industry Median: 92.96 vs HKSE:02772: 531.59

Zhongliang Holdings Group Co's Days Payable increased from Dec. 2024 (245.21) to Dec. 2025 (447.58). It may suggest that Zhongliang Holdings Group Co delayed paying its suppliers.


Zhongliang Holdings Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhongliang Holdings 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.

Zhongliang Holdings Group Co Days Payable Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.21 225.53 135.44 232.16 554.49

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.13 188.67 245.21 614.77 447.58

Zhongliang Holdings Group Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Zhongliang Holdings 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.


Zhongliang Holdings Group Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongliang Holdings Group Co's Days Payable distribution charts can be found below:

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



Zhongliang Holdings 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.

Zhongliang Holdings 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
=( (24648.214 + 23695.619) / 2 ) / 15911.404*365
=24171.9165 / 15911.404*365
=554.49

Zhongliang Holdings 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
=( (20862.406 + 23695.619) / 2 ) / 9084.134*365 / 2
=22279.0125 / 9084.134*365 / 2
=447.58

* 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 447.58 mean?
Zhongliang Holdings Group Co (HKSE:02772) has a Days Payable of 447.58 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 Zhongliang Holdings Group Co and its competitors. This is 265% above median its historical median of 122.63. Over the past decade, Zhongliang Holdings Group Co's Days Payable has ranged from 87.08 to 554.49. According to the industry distribution chart, Zhongliang Holdings Group Co ranks #199 out of 1572 companies in the Real Estate industry, placing it in the top 12.7%.
Is Zhongliang Holdings Group Co's Days Payable too high?
Zhongliang Holdings Group Co's current Days Payable of 447.58 is 265% above median its 10-year median of 122.63. Over the past 10 years, this metric has ranged from a low of 87.08 to a high of 554.49. The Real Estate industry median Days Payable is 92.96. Zhongliang Holdings Group Co's value of 447.58 is 381.5% above this industry median. Based on the distribution chart, Zhongliang Holdings Group Co ranks #199 out of 1572 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Zhongliang Holdings Group Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Zhongliang Holdings Group Co ranks #199 out of 1572 companies for Days Payable. This places Zhongliang Holdings Group Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.96. Zhongliang Holdings Group Co's value of 447.58 is 381.5% above this benchmark. Historically, Zhongliang Holdings Group Co's own Days Payable has ranged from 87.08 to 554.49 over the past decade. While the company's 10-year median is 122.63 vs. the industry median of 92.96, Zhongliang Holdings Group Co has consistently been above 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.96, based on 1,572 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. Zhongliang Holdings Group Co's current Days Payable of 447.58 is 381.5% above 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 Zhongliang Holdings Group Co and its competitors. For the Real Estate industry, the median Days Payable is 92.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongliang Holdings Group Co's current Days Payable is 447.58, which is 265% above median its own 10-year median of 122.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongliang Holdings Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongliang Holdings Group Co (HKSE:02772) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.04 — trading 20% above its estimated fair value. The current Days Payable is 447.58, which is 265% above median its 10-year median of 122.63 and 381.5% above the Real Estate industry median of 92.96. 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 Zhongliang Holdings Group Co (HKSE:02772), the current Days Payable is 447.58 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.

Zhongliang Holdings Group Co Business Description

Address 235 Yunling East Road, 19th floor, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd principally involved in property development, property leasing and management consulting services. The Group also engaged an external consultant specialising in identifying and evaluation of risks of its business and operation, including ESG-related risks. The company has sole operating segment.