Global Corn Group (HKSE:03889) Days Payable: 95.66 (As of Dec. 2025) — Near Median

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What is Global Corn Group Days Payable?

Global Corn Group HKSE:03889 Days Payable is 95.66 as of Dec. 2025, which is 2% below its 10-year median of 97.39. The stock has 5 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Global Corn Group ranks better than 83.52% on this metric.

Global Corn Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$113.4 Mil. Global Corn Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$216.2 Mil. Hence, Global Corn Group's Days Payable for the six months ended in Dec. 2025 was 95.66.

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

HKSE:03889' s Days Payable Range Over the Past 10 Years
Min: 46.65   Med: 97.39   Max: 170.65
Current: 98.57

During the past 13 years, Global Corn Group's highest Days Payable was 170.65. The lowest was 46.65. And the median was 97.39.

HKSE:03889's Days Payable is ranked better than
83.52% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 44.31 vs HKSE:03889: 98.57

Global Corn Group's Days Payable increased from Dec. 2024 (83.61) to Dec. 2025 (95.66). It may suggest that Global Corn Group delayed paying its suppliers.


Global Corn Group Days Payable Historical Data

* Premium members only.

The historical data trend for Global Corn 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.

Global Corn Group Days Payable Chart

Global Corn Group 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 97.56 109.67 101.11 83.94 97.21

Global Corn Group 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 82.17 71.64 83.61 102.62 95.66

HKSE:03889 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Global Corn 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.


Global Corn Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Corn Group's Days Payable distribution charts can be found below:

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



Global Corn 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.

Global Corn Group'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
=( (134.308 + 103.057) / 2 ) / 445.614*365
=118.6825 / 445.614*365
=97.21

Global Corn Group'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
=( (123.648 + 103.057) / 2 ) / 216.246*365 / 2
=113.3525 / 216.246*365 / 2
=95.66

* 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 95.66 mean?
Global Corn Group (HKSE:03889) has a Days Payable of 95.66 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 Global Corn Group and its competitors. This is near median its historical median of 97.39. Over the past decade, Global Corn Group's Days Payable has ranged from 46.65 to 170.65. According to the industry distribution chart, Global Corn Group ranks #313 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 16.5%.
Is Global Corn Group's Days Payable too high?
Global Corn Group's current Days Payable of 95.66 is near median its 10-year median of 97.39. Over the past 10 years, this metric has ranged from a low of 46.65 to a high of 170.65. The Consumer Packaged Goods industry median Days Payable is 44.31. Global Corn Group's value of 95.66 is 115.9% above this industry median. Based on the distribution chart, Global Corn Group ranks #313 out of 1899 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Global Corn Group's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Global Corn Group ranks #313 out of 1899 companies for Days Payable. This places Global Corn Group in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.31. Global Corn Group's value of 95.66 is 115.9% above this benchmark. Historically, Global Corn Group's own Days Payable has ranged from 46.65 to 170.65 over the past decade. While the company's 10-year median is 97.39 vs. the industry median of 44.31, Global Corn 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.31, based on 1,899 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. Global Corn Group's current Days Payable of 95.66 is 115.9% 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 Global Corn Group and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Corn Group's current Days Payable is 95.66, which is near median its own 10-year median of 97.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Corn Group stock overvalued right now?
Based on GuruFocus' analysis, Global Corn Group (HKSE:03889) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.05 — trading 50% below its estimated fair value. The current Days Payable is 95.66, which is near median its 10-year median of 97.39 and 115.9% above the Consumer Packaged Goods industry median of 44.31. 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 Global Corn Group (HKSE:03889), the current Days Payable is 95.66 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.

Global Corn Group Business Description

Address The Metropolis Tower, 10 Metropolis Drive, Unit 1206, 12th Floor, Hung Hom, Kowloon, Hong Kong, HKG
Global Corn Group Ltd and its subsidiaries (collectively referred to as the Group) are principally engaged in the R&D, production and sale of corn refined products and corn sweeteners, categorised into upstream and downstream products. The Group's upstream products include corn starch, gluten meal, corn oil and corn refined products. Corn starch is then refined to produce various corn sweeteners which are classified into two categories: corn syrup (glucose syrup, maltose syrup and high fructose corn syrup) and corn syrup solid (crystallised glucose and maltodextrin).