Keep (HKSE:03650) Days Payable: 72.07 (As of Dec. 2025) — 67% Above Median

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HKSE:03650 Keep Inc HKSE:03650
71 GF Score
Price HK$1.73
GF Value HK$5.19
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Keep Days Payable?

Keep HKSE:03650 -1.14% 71 Days Payable is 72.07 as of Dec. 2025, which is 67% above its 10-year median of 43.28. GuruFocus rates HKSE:03650 with a GF Score™ of 71/100 and a GF Value™ of HK$5.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 779 Travel & Leisure companies, Keep ranks better than 57.12% on this metric.

Keep's average Accounts Payable for the six months ended in Dec. 2025 was HK$170 Mil. Keep's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$431 Mil. Hence, Keep's Days Payable for the six months ended in Dec. 2025 was 72.07.

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

HKSE:03650' s Days Payable Range Over the Past 10 Years
Min: 30.65   Med: 43.28   Max: 70.69
Current: 70.69

During the past 7 years, Keep's highest Days Payable was 70.69. The lowest was 30.65. And the median was 43.28.

HKSE:03650's Days Payable is ranked better than
57.12% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.37 vs HKSE:03650: 70.69

Keep's Days Payable increased from Dec. 2024 (65.00) to Dec. 2025 (72.07). It may suggest that Keep delayed paying its suppliers.


Keep Days Payable Historical Data

* Premium members only.

The historical data trend for Keep'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.

Keep Days Payable Chart

Keep Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 38.26 42.97 48.84 51.50 69.38

Keep Semi-Annual Data
Dec19 Dec20 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 45.46 64.14 65.00 70.25 72.07

HKSE:03650 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Keep'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.


Keep Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keep's Days Payable distribution charts can be found below:

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


HKSE:03650
71GF Score
Keep Inc HKSE:03650
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keep 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.

Keep'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
=( (159.339 + 169.584) / 2 ) / 865.156*365
=164.4615 / 865.156*365
=69.38

Keep'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
=( (171.117 + 169.584) / 2 ) / 431.361*365 / 2
=170.3505 / 431.361*365 / 2
=72.07

* 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 72.07 mean?
Keep (HKSE:03650) has a Days Payable of 72.07 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 Keep and its competitors. This is 67% above median its historical median of 43.28. Over the past decade, Keep's Days Payable has ranged from 30.65 to 70.69. According to the industry distribution chart, Keep ranks #334 out of 779 companies in the Travel & Leisure industry, placing it in the top 42.9%.
Is Keep's Days Payable too high?
Keep's current Days Payable of 72.07 is 67% above median its 10-year median of 43.28. Over the past 10 years, this metric has ranged from a low of 30.65 to a high of 70.69. The Travel & Leisure industry median Days Payable is 56.37. Keep's value of 72.07 is 27.9% above this industry median. Based on the distribution chart, Keep ranks #334 out of 779 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Keep has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keep's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Keep ranks #334 out of 779 companies for Days Payable. This puts Keep in the upper half of its industry. The industry median Days Payable is 56.37. Keep's value of 72.07 is 27.9% above this benchmark. Historically, Keep's own Days Payable has ranged from 30.65 to 70.69 over the past decade. While the company's 10-year median is 43.28 vs. the industry median of 56.37, Keep 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 779 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. Keep's current Days Payable of 72.07 is 27.9% 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 Keep and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keep's current Days Payable is 72.07, which is 67% above median its own 10-year median of 43.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keep stock overvalued right now?
Based on GuruFocus' analysis, Keep (HKSE:03650) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.19, compared to a current price of HK$1.73 — trading 66.7% below its estimated fair value. The current Days Payable is 72.07, which is 67% above median its 10-year median of 43.28 and 27.9% above the Travel & Leisure industry median of 56.37. Keep's overall GF Score™ is 71/100 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 Keep (HKSE:03650), the current Days Payable is 72.07 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 Keep (HKSE:03650) Overvalued in 2026?

Based on GuruFocus' analysis, Keep stock appears to be undervalued. The current stock price of HK$1.73 is trading 66.7% below its estimated GF Value™ of HK$5.19. GuruFocus considers Keep to be Possible Value Trap.

Key valuation signals for HKSE:03650:

  • Days Payable: 72.07 (67% above median its 10-year median of 43.28)
  • GF Value™: HK$5.19 vs. price of HK$1.73 (66.7% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 27.9% above the Travel & Leisure median (#334 of 779)

No single metric tells the full story. See the HKSE:03650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keep Business Description

Address No. 9 Wangjing Street, Building D, Vanke Time Square, Chaoyang, Beijing, CHN
Keep Inc is a growing and result-oriented platform that provides users with a comprehensive fitness solution to help them achieve their fitness goals. It offers extensive and professional fitness content with AI-assisted personalized curriculums, encompassing interactive live-streaming classes and recorded fitness courses, that dynamically adjust course content and workout intensity based on users' athletic levels, fitness goals, daily workout patterns, and diet. The company's operating segment includes Self-branded fitness products, Online membership and paid content, and Advertising and others. The company generates the majority of its revenue from Self-branded fitness products.
71GF Score

Get the complete analysis for HKSE:03650

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

HK$1.73
Price
HK$5.19
GF Value