Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Win Hanverky HoldingsHKSE:03322 +2.70%36 Days Payable is 38.54 as of Dec. 2025, which is 21% above its 10-year median of 31.75. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Win Hanverky Holdings ranks worse than 66.41% on this metric.
The historical rank and industry rank for Win Hanverky Holdings's Days Payable or its related term are showing as below:
HKSE:03322'
s Days Payable Range Over the Past 10 Years
Min: 23.23 Med: 31.75 Max: 37.71
Current: 37.71
During the past 13 years, Win Hanverky Holdings's highest Days Payable was 37.71. The lowest was 23.23. And the median was 31.75.
HKSE:03322's Days Payable is ranked worse than 66.41% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.6
vs HKSE:03322: 37.71
Win Hanverky Holdings Days Payable Historical Data
* Premium members only.
The historical data trend for Win Hanverky Holdings'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:03322 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Win Hanverky 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.
Win Hanverky Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Win Hanverky Holdings'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.
Win Hanverky Holdings'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.
Win Hanverky Holdings (HKSE:03322) has a Days Payable of 38.54 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 Win Hanverky Holdings and its competitors. This is 21% above median its historical median of 31.75. Over the past decade, Win Hanverky Holdings' Days Payable has ranged from 23.23 to 37.71. According to the industry distribution chart, Win Hanverky Holdings ranks #678 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.4%.
Is Win Hanverky Holdings' Days Payable too high?
Win Hanverky Holdings' current Days Payable of 38.54 is 21% above median its 10-year median of 31.75. Over the past 10 years, this metric has ranged from a low of 23.23 to a high of 37.71. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.60. Win Hanverky Holdings' value of 38.54 is 29.4% below this industry median. Based on the distribution chart, Win Hanverky Holdings ranks #678 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Win Hanverky Holdings ranks #678 out of 1021 companies for Days Payable. This places Win Hanverky Holdings in the lower half of its industry. The industry median Days Payable is 54.60. Win Hanverky Holdings' value of 38.54 is 29.4% below this benchmark. Historically, Win Hanverky Holdings' own Days Payable has ranged from 23.23 to 37.71 over the past decade. While the company's 10-year median is 31.75 vs. the industry median of 54.60, Win Hanverky 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 54.60, 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. Win Hanverky Holdings's current Days Payable of 38.54 is 29.4% 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 Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current Days Payable is 38.54, which is 21% above median its own 10-year median of 31.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Days Payable is 38.54, which is 21% above median its 10-year median of 31.75 and 29.4% below the Manufacturing - Apparel & Accessories industry median of 54.60. Win Hanverky Holdings' overall GF Score™ is 36/100 with 4 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 Win Hanverky Holdings (HKSE:03322), the current Days Payable is 38.54 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.
Is Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?
Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:03322:
Days Payable: 38.54 (21% above median its 10-year median of 31.75)
GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
Industry Position: 29.4% below the Manufacturing - Apparel & Accessories median (#678 of 1021)
No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF Score
Get the complete analysis for HKSE:03322
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:03322 has been successfully added to your 
