Ching Lee Holdings (HKSE:03728) Days Payable: 94.00 (As of Mar. 2026) — Near Median

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What is Ching Lee Holdings Days Payable?

Ching Lee Holdings HKSE:03728 Days Payable is 94.00 as of Mar. 2026, which is 5% above its 10-year median of 89.94. The stock has 3 warning signs investors should review. Among 1,718 Construction companies, Ching Lee Holdings ranks better than 56.05% on this metric.

Ching Lee Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$329 Mil. Ching Lee Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$640 Mil. Hence, Ching Lee Holdings's Days Payable for the six months ended in Mar. 2026 was 94.00.

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

HKSE:03728' s Days Payable Range Over the Past 10 Years
Min: 69.28   Med: 89.94   Max: 123.86
Current: 86.58

During the past 13 years, Ching Lee Holdings's highest Days Payable was 123.86. The lowest was 69.28. And the median was 89.94.

HKSE:03728's Days Payable is ranked better than
56.05% of 1718 companies
in the Construction industry
Industry Median: 76.42 vs HKSE:03728: 86.58

Ching Lee Holdings's Days Payable increased from Mar. 2025 (84.45) to Mar. 2026 (94.00). It may suggest that Ching Lee Holdings delayed paying its suppliers.


Ching Lee Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Ching Lee 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.

Ching Lee Holdings Days Payable Chart

Ching Lee Holdings 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 112.37 121.75 123.86 90.44 85.63

Ching Lee Holdings 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 113.38 91.41 84.45 81.17 94.00

HKSE:03728 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Ching Lee 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.


Ching Lee Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Ching Lee Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ching Lee Holdings's Days Payable falls into.



Ching Lee 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.

Ching Lee Holdings'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
=( (334.275 + 320.646) / 2 ) / 1395.79*365
=327.4605 / 1395.79*365
=85.63

Ching Lee Holdings'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
=( (338.335 + 320.646) / 2 ) / 639.696*365 / 2
=329.4905 / 639.696*365 / 2
=94.00

* 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 94.00 mean?
Ching Lee Holdings (HKSE:03728) has a Days Payable of 94.00 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 Ching Lee Holdings and its competitors. This is near median its historical median of 89.94. Over the past decade, Ching Lee Holdings' Days Payable has ranged from 69.28 to 123.86. According to the industry distribution chart, Ching Lee Holdings ranks #755 out of 1718 companies in the Construction industry, placing it in the top 43.9%.
Is Ching Lee Holdings' Days Payable too high?
Ching Lee Holdings' current Days Payable of 94.00 is near median its 10-year median of 89.94. Over the past 10 years, this metric has ranged from a low of 69.28 to a high of 123.86. The Construction industry median Days Payable is 76.42. Ching Lee Holdings' value of 94.00 is 23% above this industry median. Based on the distribution chart, Ching Lee Holdings ranks #755 out of 1718 companies in the Construction industry, which is above the industry midpoint.
How does Ching Lee Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Ching Lee Holdings ranks #755 out of 1718 companies for Days Payable. This puts Ching Lee Holdings in the upper half of its industry. The industry median Days Payable is 76.42. Ching Lee Holdings' value of 94.00 is 23% above this benchmark. Historically, Ching Lee Holdings' own Days Payable has ranged from 69.28 to 123.86 over the past decade. While the company's 10-year median is 89.94 vs. the industry median of 76.42, Ching Lee 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 a Construction company?
The median Days Payable among Construction companies is 76.42, based on 1,718 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. Ching Lee Holdings's current Days Payable of 94.00 is 23% 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 Ching Lee Holdings and its competitors. For the Construction industry, the median Days Payable is 76.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ching Lee Holdings's current Days Payable is 94.00, which is near median its own 10-year median of 89.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ching Lee Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ching Lee Holdings (HKSE:03728) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.06 — trading 28.8% below its estimated fair value. The current Days Payable is 94.00, which is near median its 10-year median of 89.94 and 23% above the Construction industry median of 76.42. 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 Ching Lee Holdings (HKSE:03728), the current Days Payable is 94.00 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.

Ching Lee Holdings Business Description

Address 28 Shanghai Street, Room 203-204, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG
Ching Lee Holdings Ltd is an investment holding company. It is engaged in providing substructure building works services, superstructure building works services, and repair, maintenance, alteration, and addition works services. Substructure building works refer to building works about the parts of the structure below or above the ground level respectively while the repair, maintenance, alteration, and addition work services segment accounts for existing structing. The superstructure works projects consist of demolition and hoarding, site formation and foundation work and the RMAA works services segment. The majority of the company's revenue comes from the superstructure building work services. The group is based in Hong Kong.