Crosstec Group Holdings (HKSE:03893) Days Payable: 48.25 (As of Dec. 2025) — 14% Below Median

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HKSE:03893 Crosstec Group Holdings Ltd HKSE:03893
30 GF Score
Price HK$1.50
GF Value HK$0.19
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Crosstec Group Holdings Days Payable?

Crosstec Group Holdings HKSE:03893 +0.33% 30 Days Payable is 48.25 as of Dec. 2025, which is 14% below its 10-year median of 55.89. GuruFocus rates HKSE:03893 with a GF Score™ of 30/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 941 Business Services companies, Crosstec Group Holdings ranks better than 71.31% on this metric.

Crosstec Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$7.80 Mil. Crosstec Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$29.51 Mil. Hence, Crosstec Group Holdings's Days Payable for the six months ended in Dec. 2025 was 48.25.

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

HKSE:03893' s Days Payable Range Over the Past 10 Years
Min: 21.72   Med: 55.89   Max: 146.49
Current: 83.55

During the past 13 years, Crosstec Group Holdings's highest Days Payable was 146.49. The lowest was 21.72. And the median was 55.89.

HKSE:03893's Days Payable is ranked better than
71.31% of 941 companies
in the Business Services industry
Industry Median: 43.3 vs HKSE:03893: 83.55

Crosstec Group Holdings's Days Payable increased from Dec. 2024 (23.09) to Dec. 2025 (48.25). It may suggest that Crosstec Group Holdings delayed paying its suppliers.


Crosstec Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Crosstec Group 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.

Crosstec Group Holdings Days Payable Chart

Crosstec Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.99 66.49 21.72 25.01 45.29

Crosstec Group Holdings 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 58.51 16.80 23.09 519.26 48.25

HKSE:03893 vs VRSK, EFX, BAH: Days Payable Comparison

For the Consulting Services subindustry, Crosstec Group 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.


Crosstec Group Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Crosstec Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:03893
30GF Score
Crosstec Group Holdings Ltd HKSE:03893
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crosstec Group 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.

Crosstec Group Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (4.851 + 6.541) / 2 ) / 45.908*365
=5.696 / 45.908*365
=45.29

Crosstec Group 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
=( (6.541 + 9.062) / 2 ) / 29.51*365 / 2
=7.8015 / 29.51*365 / 2
=48.25

* 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 48.25 mean?
Crosstec Group Holdings (HKSE:03893) has a Days Payable of 48.25 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 Crosstec Group Holdings and its competitors. This is 14% below median its historical median of 55.89. Over the past decade, Crosstec Group Holdings' Days Payable has ranged from 21.72 to 146.49. According to the industry distribution chart, Crosstec Group Holdings ranks #270 out of 941 companies in the Business Services industry, placing it in the top 28.7%.
Is Crosstec Group Holdings' Days Payable too high?
Crosstec Group Holdings' current Days Payable of 48.25 is 14% below median its 10-year median of 55.89. Over the past 10 years, this metric has ranged from a low of 21.72 to a high of 146.49. The Business Services industry median Days Payable is 43.30. Crosstec Group Holdings' value of 48.25 is 11.4% above this industry median. Based on the distribution chart, Crosstec Group Holdings ranks #270 out of 941 companies in the Business Services industry, which is above the industry midpoint. Overall, Crosstec Group Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crosstec Group Holdings' Days Payable compare to VRSK and EFX?
According to the Business Services industry distribution chart, Crosstec Group Holdings ranks #270 out of 941 companies for Days Payable. This puts Crosstec Group Holdings in the upper half of its industry. The industry median Days Payable is 43.30. Crosstec Group Holdings' value of 48.25 is 11.4% above this benchmark. Historically, Crosstec Group Holdings' own Days Payable has ranged from 21.72 to 146.49 over the past decade. While the company's 10-year median is 55.89 vs. the industry median of 43.30, Crosstec Group 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 Business Services company?
The median Days Payable among Business Services companies is 43.30, based on 941 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. Crosstec Group Holdings's current Days Payable of 48.25 is 11.4% 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 Crosstec Group Holdings and its competitors. For the Business Services industry, the median Days Payable is 43.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crosstec Group Holdings's current Days Payable is 48.25, which is 14% below median its own 10-year median of 55.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crosstec Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Crosstec Group Holdings (HKSE:03893) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$1.50 — trading 689.5% above its estimated fair value. The current Days Payable is 48.25, which is 14% below median its 10-year median of 55.89 and 11.4% above the Business Services industry median of 43.30. Crosstec Group Holdings' overall GF Score™ is 30/100 with 9 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 Crosstec Group Holdings (HKSE:03893), the current Days Payable is 48.25 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 Crosstec Group Holdings (HKSE:03893) Overvalued in 2026?

Based on GuruFocus' analysis, Crosstec Group Holdings stock appears to be overvalued. The current stock price of HK$1.50 is trading 689.5% above its estimated GF Value™ of HK$0.19. GuruFocus considers Crosstec Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03893:

  • Days Payable: 48.25 (14% below median its 10-year median of 55.89)
  • GF Value™: HK$0.19 vs. price of HK$1.50 (689.5% above fair value)
  • GF Score™: 30/100 with 9 warning signs
  • Industry Position: 11.4% above the Business Services median (#270 of 941)

No single metric tells the full story. See the HKSE:03893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crosstec Group Holdings Business Description

Address 651 King’s Road, Unit 1301, 13th Floor, Technology Plaza, Hong Kong, HKG
Crosstec Group Holdings Ltd is engaged in the provision of trading of millwork and furniture and provision of interior design, project consultancy, maintenance and interior solution services and provision of promotional and other supporting services of online game for the game publisher. Its segments include Integrated Interior Solution Services and Online Game Integrated Services. Geographically it operates in Hong Kong, People's Republic of China, and Australia.
30GF Score

Get the complete analysis for HKSE:03893

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

HK$1.50
Price
HK$0.19
GF Value