Hunlicar Group (HKSE:03638) Days Payable: 559.15 (As of Mar. 2026) — 2637% Above Median

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HKSE:03638 Hunlicar Group Ltd HKSE:03638
40 GF Score
Price HK$3.74
GF Value HK$2.66
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hunlicar Group Days Payable?

Hunlicar Group HKSE:03638 -1.97% 40 Days Payable is 559.15 as of Mar. 2026, which is 2637% above its 10-year median of 20.43. GuruFocus rates HKSE:03638 with a GF Score™ of 40/100 and a GF Value™ of HK$2.66 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 497 Conglomerates companies, Hunlicar Group ranks better than 97.59% on this metric.

Hunlicar Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$295.5 Mil. Hunlicar Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$96.4 Mil. Hence, Hunlicar Group's Days Payable for the six months ended in Mar. 2026 was 559.15.

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

HKSE:03638' s Days Payable Range Over the Past 10 Years
Min: 7.6   Med: 20.43   Max: 779.29
Current: 779.29

During the past 13 years, Hunlicar Group's highest Days Payable was 779.29. The lowest was 7.60. And the median was 20.43.

HKSE:03638's Days Payable is ranked better than
97.59% of 497 companies
in the Conglomerates industry
Industry Median: 55.4 vs HKSE:03638: 779.29

Hunlicar Group's Days Payable declined from Mar. 2025 (1,134.71) to Mar. 2026 (559.15). It may suggest that Hunlicar Group accelerated paying its suppliers.


Hunlicar Group Days Payable Historical Data

* Premium members only.

The historical data trend for Hunlicar Group'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.

Hunlicar Group Days Payable Chart

Hunlicar Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 34.81 62.29 399.00 673.24

Hunlicar Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 74.71 112.66 1,134.71 1,583.66 559.15

HKSE:03638 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Hunlicar Group'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.


Hunlicar Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hunlicar Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunlicar Group's Days Payable falls into.


HKSE:03638
40GF Score
Hunlicar Group Ltd HKSE:03638
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunlicar Group 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.

Hunlicar Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (251.369 + 233.768) / 2 ) / 131.51*365
=242.5685 / 131.51*365
=673.24

Hunlicar Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (357.206 + 233.768) / 2 ) / 96.444*365 / 2
=295.487 / 96.444*365 / 2
=559.15

* 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 559.15 mean?
Hunlicar Group (HKSE:03638) has a Days Payable of 559.15 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 Hunlicar Group and its competitors. This is 2637% above median its historical median of 20.43. Over the past decade, Hunlicar Group's Days Payable has ranged from 7.60 to 779.29. According to the industry distribution chart, Hunlicar Group ranks #12 out of 497 companies in the Conglomerates industry, placing it in the top 2.4%.
Is Hunlicar Group's Days Payable too high?
Hunlicar Group's current Days Payable of 559.15 is 2637% above median its 10-year median of 20.43. Over the past 10 years, this metric has ranged from a low of 7.60 to a high of 779.29. The Conglomerates industry median Days Payable is 55.40. Hunlicar Group's value of 559.15 is 909.3% above this industry median. Based on the distribution chart, Hunlicar Group ranks #12 out of 497 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Hunlicar Group has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunlicar Group's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hunlicar Group ranks #12 out of 497 companies for Days Payable. This places Hunlicar Group in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.40. Hunlicar Group's value of 559.15 is 909.3% above this benchmark. Historically, Hunlicar Group's own Days Payable has ranged from 7.60 to 779.29 over the past decade. While the company's 10-year median is 20.43 vs. the industry median of 55.40, Hunlicar Group 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.40, based on 497 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. Hunlicar Group's current Days Payable of 559.15 is 909.3% 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 Hunlicar Group and its competitors. For the Conglomerates industry, the median Days Payable is 55.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunlicar Group's current Days Payable is 559.15, which is 2637% above median its own 10-year median of 20.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunlicar Group stock overvalued right now?
Based on GuruFocus' analysis, Hunlicar Group (HKSE:03638) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.66, compared to a current price of HK$3.74 — trading 40.4% above its estimated fair value. The current Days Payable is 559.15, which is 2637% above median its 10-year median of 20.43 and 909.3% above the Conglomerates industry median of 55.40. Hunlicar Group's overall GF Score™ is 40/100 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 Hunlicar Group (HKSE:03638), the current Days Payable is 559.15 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 Hunlicar Group (HKSE:03638) Overvalued in 2026?

Based on GuruFocus' analysis, Hunlicar Group stock appears to be overvalued. The current stock price of HK$3.74 is trading 40.4% above its estimated GF Value™ of HK$2.66. GuruFocus considers Hunlicar Group to be Significantly Overvalued.

Key valuation signals for HKSE:03638:

  • Days Payable: 559.15 (2637% above median its 10-year median of 20.43)
  • GF Value™: HK$2.66 vs. price of HK$3.74 (40.4% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 909.3% above the Conglomerates median (#12 of 497)

No single metric tells the full story. See the HKSE:03638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunlicar Group Business Description

Address 30 Harbor Road, 22nd Floor, Sun Hung Kai Center, Wan Cha, Hong Kong, HKG
Hunlicar Group Ltd is engaged in the fields of finance and technology. Its business covers financial and professional services, electronic product trading, food supply chain, and life technology, forming a two-wheel development model. Company has four business segments: Computer and Electronic Products Trading Business, Food Trading Business, Financial Services Business, and Family Office Services Business. Majority of revenue is from Computer and electronic products trading business. Company operates in Hong Kong and the PRC.
40GF Score

Get the complete analysis for HKSE:03638

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

HK$3.74
Price
HK$2.66
GF Value