China Weaving Materials Holdings (HKSE:03778) Days Payable: 28.79 (As of Dec. 2025) — 10% Below Median

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HKSE:03778 China Weaving Materials Holdings Ltd HKSE:03778
68 GF Score
Price HK$2.85
GF Value HK$3.09
Valuation Fairly Valued
! 7 Warning Signs
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What is China Weaving Materials Holdings Days Payable?

China Weaving Materials Holdings HKSE:03778 -0.70% 68 Days Payable is 28.79 as of Dec. 2025, which is 10% below its 10-year median of 32.07. GuruFocus rates HKSE:03778 with a GF Score™ of 68/100 and a GF Value™ of HK$3.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, China Weaving Materials Holdings ranks worse than 73.9% on this metric.

China Weaving Materials Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$95 Mil. China Weaving Materials Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$601 Mil. Hence, China Weaving Materials Holdings's Days Payable for the six months ended in Dec. 2025 was 28.79.

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

HKSE:03778' s Days Payable Range Over the Past 10 Years
Min: 25.83   Med: 32.07   Max: 58.08
Current: 30.28

During the past 13 years, China Weaving Materials Holdings's highest Days Payable was 58.08. The lowest was 25.83. And the median was 32.07.

HKSE:03778's Days Payable is ranked worse than
73.9% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.33 vs HKSE:03778: 30.28

China Weaving Materials Holdings's Days Payable increased from Dec. 2024 (22.77) to Dec. 2025 (28.79). It may suggest that China Weaving Materials Holdings delayed paying its suppliers.


China Weaving Materials Holdings Days Payable Related Terms


China Weaving Materials Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Weaving Materials 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.

China Weaving Materials Holdings Days Payable Chart

China Weaving Materials 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 26.01 27.48 33.97 25.83 29.40

China Weaving Materials Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 28.97 22.77 32.91 28.79 32.38

China Weaving Materials Holdings Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, China Weaving Materials 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.


China Weaving Materials Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Weaving Materials Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Weaving Materials Holdings's Days Payable falls into.


HKSE:03778
68GF Score
China Weaving Materials Holdings Ltd HKSE:03778
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Weaving Materials 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.

China Weaving Materials 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
=( (90.749 + 91.404) / 2 ) / 1130.567*365
=91.0765 / 1130.567*365
=29.40

China Weaving Materials 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
=( (98.199 + 91.404) / 2 ) / 601.034*365 / 2
=94.8015 / 601.034*365 / 2
=28.79

* 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 28.79 mean?
China Weaving Materials Holdings (HKSE:03778) has a Days Payable of 28.79 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 China Weaving Materials Holdings and its competitors. This is 10% below median its historical median of 32.07. Over the past decade, China Weaving Materials Holdings' Days Payable has ranged from 25.83 to 58.08. According to the industry distribution chart, China Weaving Materials Holdings ranks #756 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.9%.
Is China Weaving Materials Holdings' Days Payable too high?
China Weaving Materials Holdings' current Days Payable of 28.79 is 10% below median its 10-year median of 32.07. Over the past 10 years, this metric has ranged from a low of 25.83 to a high of 58.08. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.33. China Weaving Materials Holdings' value of 28.79 is 46% below this industry median. Based on the distribution chart, China Weaving Materials Holdings ranks #756 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, China Weaving Materials Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Weaving Materials Holdings' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Weaving Materials Holdings ranks #756 out of 1023 companies for Days Payable. This places China Weaving Materials Holdings in the lower half of its industry. The industry median Days Payable is 53.33. China Weaving Materials Holdings' value of 28.79 is 46% below this benchmark. Historically, China Weaving Materials Holdings' own Days Payable has ranged from 25.83 to 58.08 over the past decade. While the company's 10-year median is 32.07 vs. the industry median of 53.33, China Weaving Materials 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 53.33, based on 1,023 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. China Weaving Materials Holdings's current Days Payable of 28.79 is 46% 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 China Weaving Materials Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Weaving Materials Holdings's current Days Payable is 28.79, which is 10% below median its own 10-year median of 32.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Weaving Materials Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Weaving Materials Holdings (HKSE:03778) is currently considered Fairly Valued. The stock's GF Value™ is HK$3.09, compared to a current price of HK$2.85 — trading 7.8% below its estimated fair value. The current Days Payable is 28.79, which is 10% below median its 10-year median of 32.07 and 46% below the Manufacturing - Apparel & Accessories industry median of 53.33. China Weaving Materials Holdings' overall GF Score™ is 68/100 with 7 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 China Weaving Materials Holdings (HKSE:03778), the current Days Payable is 28.79 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 China Weaving Materials Holdings (HKSE:03778) Overvalued in 2026?

Based on GuruFocus' analysis, China Weaving Materials Holdings stock appears to be undervalued. The current stock price of HK$2.85 is trading 7.8% below its estimated GF Value™ of HK$3.09. GuruFocus considers China Weaving Materials Holdings to be Fairly Valued.

Key valuation signals for HKSE:03778:

  • Days Payable: 28.79 (10% below median its 10-year median of 32.07)
  • GF Value™: HK$3.09 vs. price of HK$2.85 (7.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 46% below the Manufacturing - Apparel & Accessories median (#756 of 1023)

No single metric tells the full story. See the HKSE:03778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Weaving Materials Holdings Business Description

Address 888 Lai Chi Kok Road, Unit B5, 22nd floor, NCB Innovation Centre, Kowloon, HKG
China Weaving Materials Holdings Ltd is an investment holding company. It is principally engaged in the business of manufacturing and trading of yarns products and related raw materials. The company has one reportable segment named Yarns, which is engaged in manufacturing and trading. Geographically, the company derives revenue from the PRC. The products of the company are: Cotton yarn; Polyester Yarn; and Polyester-cotton blended Yarn.
68GF Score

Get the complete analysis for HKSE:03778

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

HK$2.85
Price
HK$3.09
GF Value