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Huaqin CoHKSE:03296 -2.82%16 Days Payable is 93.71 as of Dec. 2025, which is 10% below its 10-year median of 103.90. GuruFocus rates HKSE:03296 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 2,433 Hardware companies, Huaqin Co ranks better than 65.19% on this metric.
Huaqin Co's average Accounts Payable for the
six
months ended in Dec. 2025 was HK$44,872 Mil. Huaqin Co's Cost of Goods Sold for the
six
months ended in Dec. 2025 was HK$174,775 Mil.
Hence, Huaqin Co's Days Payable for the
six
months ended in Dec. 2025 was 46.86.
The historical rank and industry rank for Huaqin Co's Days Payable or its related term are showing as below:
HKSE:03296'
s Days Payable Range Over the Past 10 Years
Min: 93.71 Med: 103.9 Max: 108.49
Current: 93.71
During the past 3 years, Huaqin Co's highest Days Payable was 108.49. The lowest was 93.71. And the median was 103.90.
HKSE:03296's Days Payable is ranked better than 65.19% of 2433
companies
in the Hardware industry
Industry Median: 70.03
vs HKSE:03296: 93.71
Huaqin Co's Days Payable
declined
from Dec. 2023 (103.90) to Dec. 2025 (93.71).
It may suggest that Huaqin Coaccelerated paying its suppliers.
The historical data trend for Huaqin 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.
Huaqin Co Days Payable Chart
Huaqin Co Annual Data
Trend
Dec23
Dec24
Dec25
Days Payable
103.90
108.49
93.71
Huaqin Co Semi-Annual Data
Dec23
Dec24
Dec25
Days Payable
103.90
108.49
93.71
HKSE:03296 vs AAPL: Days Payable Comparison
For the Consumer Electronics subindustry, Huaqin 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.
Huaqin Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Huaqin Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Huaqin Co'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.
Huaqin Co'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.
Huaqin Co (HKSE:03296) has a Days Payable of 93.71 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 Huaqin Co and its competitors. This is 10% below median its historical median of 103.90. Over the past decade, Huaqin Co's Days Payable has ranged from 93.71 to 108.49. According to the industry distribution chart, Huaqin Co ranks #847 out of 2433 companies in the Hardware industry, placing it in the top 34.8%.
Is Huaqin Co's Days Payable too high?
Huaqin Co's current Days Payable of 93.71 is 10% below median its 10-year median of 103.90. Over the past 10 years, this metric has ranged from a low of 93.71 to a high of 108.49. The Hardware industry median Days Payable is 70.03. Huaqin Co's value of 93.71 is 33.8% above this industry median. Based on the distribution chart, Huaqin Co ranks #847 out of 2433 companies in the Hardware industry, which is above the industry midpoint. Overall, Huaqin Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Huaqin Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Huaqin Co ranks #847 out of 2433 companies for Days Payable. This puts Huaqin Co in the upper half of its industry. The industry median Days Payable is 70.03. Huaqin Co's value of 93.71 is 33.8% above this benchmark. Historically, Huaqin Co's own Days Payable has ranged from 93.71 to 108.49 over the past decade. While the company's 10-year median is 103.90 vs. the industry median of 70.03, Huaqin 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 Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,433 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. Huaqin Co's current Days Payable of 93.71 is 33.8% 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 Huaqin Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaqin Co's current Days Payable is 93.71, which is 10% below median its own 10-year median of 103.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaqin Co stock overvalued right now?
Huaqin Co (HKSE:03296) has a current Days Payable of 93.71. The current Days Payable is 93.71, which is 10% below median its 10-year median of 103.90 and 33.8% above the Hardware industry median of 70.03. Huaqin Co's overall GF Score™ is 16/100 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 Huaqin Co (HKSE:03296), the current Days Payable is 93.71 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.
Huaqin Co Ltd, along with its subsidiaries, is principally engaged in design, development, manufacture and sales of smart products, including mobile terminals, computing and data center business, AIoT, and communication systems. Its product offerings include mobile devices, computing and data center solutions, AIoT products, and other related technologies. The company generates the majority of revenue from mobile terminals, which include smartphones, tablets and smart wearables.
16GF Score
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