Midea Real Estate Holding (HKSE:03990) Days Payable: 158.57 (As of Dec. 2025) — 26% Below Median

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HKSE:03990 Midea Real Estate Holding Ltd HKSE:03990
72 GF Score
Price HK$2.36
GF Value HK$3.92
Valuation Possible Value Trap
! 3 Warning Signs
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What is Midea Real Estate Holding Days Payable?

Midea Real Estate Holding HKSE:03990 +3.28% 72 Days Payable is 158.57 as of Dec. 2025, which is 26% below its 10-year median of 213.51. GuruFocus rates HKSE:03990 with a GF Score™ of 72/100 and a GF Value™ of HK$3.92 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,575 Real Estate companies, Midea Real Estate Holding ranks better than 64.76% on this metric.

Midea Real Estate Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,346 Mil. Midea Real Estate Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,549 Mil. Hence, Midea Real Estate Holding's Days Payable for the six months ended in Dec. 2025 was 158.57.

The historical rank and industry rank for Midea Real Estate Holding's Days Payable or its related term are showing as below:

HKSE:03990' s Days Payable Range Over the Past 10 Years
Min: 156.05   Med: 213.51   Max: 6083.02
Current: 160.6

During the past 11 years, Midea Real Estate Holding's highest Days Payable was 6083.02. The lowest was 156.05. And the median was 213.51.

HKSE:03990's Days Payable is ranked better than
64.76% of 1575 companies
in the Real Estate industry
Industry Median: 94.76 vs HKSE:03990: 160.60

Midea Real Estate Holding's Days Payable declined from Dec. 2024 (1,570.75) to Dec. 2025 (158.57). It may suggest that Midea Real Estate Holding accelerated paying its suppliers.


Midea Real Estate Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Midea Real Estate Holding'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.

Midea Real Estate Holding Days Payable Chart

Midea Real Estate Holding 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 208.82 204.86 6,083.02 2,364.69 156.05

Midea Real Estate Holding Semi-Annual Data
Dec15 Dec16 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 5,172.36 1,570.75 173.96 158.57 156.60

Midea Real Estate Holding Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Midea Real Estate Holding'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.


Midea Real Estate Holding Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's Days Payable falls into.


HKSE:03990
72GF Score
Midea Real Estate Holding Ltd HKSE:03990
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Midea Real Estate Holding 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.

Midea Real Estate Holding'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
=( (1408.915 + 1220.616) / 2 ) / 3075.272*365
=1314.7655 / 3075.272*365
=156.05

Midea Real Estate Holding'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
=( (1470.607 + 1220.616) / 2 ) / 1548.694*365 / 2
=1345.6115 / 1548.694*365 / 2
=158.57

* 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 158.57 mean?
Midea Real Estate Holding (HKSE:03990) has a Days Payable of 158.57 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 Midea Real Estate Holding and its competitors. This is 26% below median its historical median of 213.51. Over the past decade, Midea Real Estate Holding's Days Payable has ranged from 156.05 to 6,083.02. According to the industry distribution chart, Midea Real Estate Holding ranks #555 out of 1575 companies in the Real Estate industry, placing it in the top 35.2%.
Is Midea Real Estate Holding's Days Payable too high?
Midea Real Estate Holding's current Days Payable of 158.57 is 26% below median its 10-year median of 213.51. Over the past 10 years, this metric has ranged from a low of 156.05 to a high of 6,083.02. The Real Estate industry median Days Payable is 94.76. Midea Real Estate Holding's value of 158.57 is 67.3% above this industry median. Based on the distribution chart, Midea Real Estate Holding ranks #555 out of 1575 companies in the Real Estate industry, which is above the industry midpoint. Overall, Midea Real Estate Holding has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Midea Real Estate Holding's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Midea Real Estate Holding ranks #555 out of 1575 companies for Days Payable. This puts Midea Real Estate Holding in the upper half of its industry. The industry median Days Payable is 94.76. Midea Real Estate Holding's value of 158.57 is 67.3% above this benchmark. Historically, Midea Real Estate Holding's own Days Payable has ranged from 156.05 to 6,083.02 over the past decade. While the company's 10-year median is 213.51 vs. the industry median of 94.76, Midea Real Estate Holding 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.76, based on 1,575 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. Midea Real Estate Holding's current Days Payable of 158.57 is 67.3% 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 Midea Real Estate Holding and its competitors. For the Real Estate industry, the median Days Payable is 94.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midea Real Estate Holding's current Days Payable is 158.57, which is 26% below median its own 10-year median of 213.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Real Estate Holding stock overvalued right now?
Based on GuruFocus' analysis, Midea Real Estate Holding (HKSE:03990) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.92, compared to a current price of HK$2.36 — trading 39.8% below its estimated fair value. The current Days Payable is 158.57, which is 26% below median its 10-year median of 213.51 and 67.3% above the Real Estate industry median of 94.76. Midea Real Estate Holding's overall GF Score™ is 72/100 with 3 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 Midea Real Estate Holding (HKSE:03990), the current Days Payable is 158.57 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 Midea Real Estate Holding (HKSE:03990) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Real Estate Holding stock appears to be undervalued. The current stock price of HK$2.36 is trading 39.8% below its estimated GF Value™ of HK$3.92. GuruFocus considers Midea Real Estate Holding to be Possible Value Trap.

Key valuation signals for HKSE:03990:

  • Days Payable: 158.57 (26% below median its 10-year median of 213.51)
  • GF Value™: HK$3.92 vs. price of HK$2.36 (39.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 67.3% above the Real Estate median (#555 of 1575)

No single metric tells the full story. See the HKSE:03990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midea Real Estate Holding Business Description

Other Exchanges MR9:Germany
Address No. 1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through principal business segments: Property management services business; Asset operation business; Real estate technology business; and Project management services business. The Property management services business generates the majority of the revenue.
72GF Score

Get the complete analysis for HKSE:03990

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

HK$2.36
Price
HK$3.92
GF Value