Renheng Enterprise Holdings (HKSE:03628) Days Payable: 221.53 (As of Dec. 2025) — Near Median

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HKSE:03628 Renheng Enterprise Holdings Ltd HKSE:03628
61 GF Score
Price HK$0.20
GF Value HK$0.17
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Renheng Enterprise Holdings Days Payable?

Renheng Enterprise Holdings HKSE:03628 61 Days Payable is 221.53 as of Dec. 2025, which is 3% above its 10-year median of 215.81. GuruFocus rates HKSE:03628 with a GF Score™ of 61/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,000 Industrial Products companies, Renheng Enterprise Holdings ranks better than 79.1% on this metric.

Renheng Enterprise Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$27.8 Mil. Renheng Enterprise Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$22.9 Mil. Hence, Renheng Enterprise Holdings's Days Payable for the six months ended in Dec. 2025 was 221.53.

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

HKSE:03628' s Days Payable Range Over the Past 10 Years
Min: 109.52   Med: 215.81   Max: 336.13
Current: 164.48

During the past 13 years, Renheng Enterprise Holdings's highest Days Payable was 336.13. The lowest was 109.52. And the median was 215.81.

HKSE:03628's Days Payable is ranked better than
79.1% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs HKSE:03628: 164.48

Renheng Enterprise Holdings's Days Payable increased from Dec. 2024 (108.88) to Dec. 2025 (221.53). It may suggest that Renheng Enterprise Holdings delayed paying its suppliers.


Renheng Enterprise Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Renheng Enterprise 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.

Renheng Enterprise Holdings Days Payable Chart

Renheng Enterprise Holdings 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 295.01 336.13 144.20 109.52 142.54

Renheng Enterprise Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 149.49 111.11 108.88 143.49 221.53

HKSE:03628 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Renheng Enterprise 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.


Renheng Enterprise Holdings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Renheng Enterprise Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Renheng Enterprise Holdings's Days Payable falls into.


HKSE:03628
61GF Score
Renheng Enterprise Holdings Ltd HKSE:03628
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Renheng Enterprise 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.

Renheng Enterprise Holdings'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
=( (20.03 + 23.708) / 2 ) / 56.001*365
=21.869 / 56.001*365
=142.54

Renheng Enterprise Holdings'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
=( (31.969 + 23.708) / 2 ) / 22.934*365 / 2
=27.8385 / 22.934*365 / 2
=221.53

* 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 221.53 mean?
Renheng Enterprise Holdings (HKSE:03628) has a Days Payable of 221.53 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 Renheng Enterprise Holdings and its competitors. This is near median its historical median of 215.81. Over the past decade, Renheng Enterprise Holdings' Days Payable has ranged from 109.52 to 336.13. According to the industry distribution chart, Renheng Enterprise Holdings ranks #627 out of 3000 companies in the Industrial Products industry, placing it in the top 20.9%.
Is Renheng Enterprise Holdings' Days Payable too high?
Renheng Enterprise Holdings' current Days Payable of 221.53 is near median its 10-year median of 215.81. Over the past 10 years, this metric has ranged from a low of 109.52 to a high of 336.13. The Industrial Products industry median Days Payable is 77.48. Renheng Enterprise Holdings' value of 221.53 is 185.9% above this industry median. Based on the distribution chart, Renheng Enterprise Holdings ranks #627 out of 3000 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Renheng Enterprise Holdings has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renheng Enterprise Holdings' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Renheng Enterprise Holdings ranks #627 out of 3000 companies for Days Payable. This places Renheng Enterprise Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.48. Renheng Enterprise Holdings' value of 221.53 is 185.9% above this benchmark. Historically, Renheng Enterprise Holdings' own Days Payable has ranged from 109.52 to 336.13 over the past decade. While the company's 10-year median is 215.81 vs. the industry median of 77.48, Renheng Enterprise Holdings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 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. Renheng Enterprise Holdings's current Days Payable of 221.53 is 185.9% 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 Renheng Enterprise Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renheng Enterprise Holdings's current Days Payable is 221.53, which is near median its own 10-year median of 215.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renheng Enterprise Holdings stock overvalued right now?
Based on GuruFocus' analysis, Renheng Enterprise Holdings (HKSE:03628) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.20 — trading 17.6% above its estimated fair value. The current Days Payable is 221.53, which is near median its 10-year median of 215.81 and 185.9% above the Industrial Products industry median of 77.48. Renheng Enterprise Holdings' overall GF Score™ is 61/100 with 5 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 Renheng Enterprise Holdings (HKSE:03628), the current Days Payable is 221.53 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 Renheng Enterprise Holdings (HKSE:03628) Overvalued in 2026?

Based on GuruFocus' analysis, Renheng Enterprise Holdings stock appears to be overvalued. The current stock price of HK$0.20 is trading 17.6% above its estimated GF Value™ of HK$0.17. GuruFocus considers Renheng Enterprise Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03628:

  • Days Payable: 221.53 (near median its 10-year median of 215.81)
  • GF Value™: HK$0.17 vs. price of HK$0.20 (17.6% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 185.9% above the Industrial Products median (#627 of 3000)

No single metric tells the full story. See the HKSE:03628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renheng Enterprise Holdings Business Description

Address 16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Renheng Enterprise Holdings Ltd is an investment holding company that along with its subsidiaries, is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of cataloged special-purpose tobacco machinery products, namely casing and flavoring systems, pneumatic feeding systems, and pre-pressing packing machines. It is also engaged in providing maintenance, overhaul, and modification services for tobacco machinery products. The company generates a majority of its revenue from construction contracts for casing and flavouring systems. All of the Group's revenue are derived in the PRC.
61GF Score

Get the complete analysis for HKSE:03628

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.20
Price
HK$0.17
GF Value