G & M Holdings (HKSE:06038) Days Payable: 56.47 (As of Dec. 2025) — Near Median

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HKSE:06038 G & M Holdings Ltd HKSE:06038
62 GF Score
Price HK$0.39
GF Value HK$0.19
Valuation Significantly Overvalued
! 1 Warning Sign
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What is G & M Holdings Days Payable?

G & M Holdings HKSE:06038 +5.41% 62 Days Payable is 56.47 as of Dec. 2025, which is 9% above its 10-year median of 52.00. GuruFocus rates HKSE:06038 with a GF Score™ of 62/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,721 Construction companies, G & M Holdings ranks worse than 70.89% on this metric.

G & M Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$31.7 Mil. G & M Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$102.6 Mil. Hence, G & M Holdings's Days Payable for the six months ended in Dec. 2025 was 56.47.

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

HKSE:06038' s Days Payable Range Over the Past 10 Years
Min: 33.27   Med: 52   Max: 82.68
Current: 48.89

During the past 12 years, G & M Holdings's highest Days Payable was 82.68. The lowest was 33.27. And the median was 52.00.

HKSE:06038's Days Payable is ranked worse than
70.89% of 1721 companies
in the Construction industry
Industry Median: 76.72 vs HKSE:06038: 48.89

G & M Holdings's Days Payable declined from Dec. 2024 (56.58) to Dec. 2025 (56.47). It may suggest that G & M Holdings accelerated paying its suppliers.


G & M Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for G & M 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.

G & M Holdings Days Payable Chart

G & M 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 50.08 53.92 33.27 49.76 50.08

G & M 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 36.66 57.96 56.58 43.57 56.47

HKSE:06038 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, G & M 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.


G & M Holdings Days Payable vs Construction Industry

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

* The bar in red indicates where G & M Holdings's Days Payable falls into.


HKSE:06038
62GF Score
G & M Holdings Ltd HKSE:06038
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G & M 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.

G & M 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
=( (49.153 + 27.757) / 2 ) / 280.284*365
=38.455 / 280.284*365
=50.08

G & M 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
=( (35.714 + 27.757) / 2 ) / 102.555*365 / 2
=31.7355 / 102.555*365 / 2
=56.47

* 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 56.47 mean?
G & M Holdings (HKSE:06038) has a Days Payable of 56.47 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 G & M Holdings and its competitors. This is near median its historical median of 52.00. Over the past decade, G & M Holdings' Days Payable has ranged from 33.27 to 82.68. According to the industry distribution chart, G & M Holdings ranks #1220 out of 1721 companies in the Construction industry, placing it in the top 70.9%.
Is G & M Holdings' Days Payable too high?
G & M Holdings' current Days Payable of 56.47 is near median its 10-year median of 52.00. Over the past 10 years, this metric has ranged from a low of 33.27 to a high of 82.68. The Construction industry median Days Payable is 76.72. G & M Holdings' value of 56.47 is 26.4% below this industry median. Based on the distribution chart, G & M Holdings ranks #1220 out of 1721 companies in the Construction industry, which is below the industry midpoint. Overall, G & M Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G & M Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, G & M Holdings ranks #1220 out of 1721 companies for Days Payable. This places G & M Holdings in the lower half of its industry. The industry median Days Payable is 76.72. G & M Holdings' value of 56.47 is 26.4% below this benchmark. Historically, G & M Holdings' own Days Payable has ranged from 33.27 to 82.68 over the past decade. While the company's 10-year median is 52.00 vs. the industry median of 76.72, G & M 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,721 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. G & M Holdings's current Days Payable of 56.47 is 26.4% 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 G & M Holdings and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G & M Holdings's current Days Payable is 56.47, which is near median its own 10-year median of 52.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G & M Holdings stock overvalued right now?
Based on GuruFocus' analysis, G & M Holdings (HKSE:06038) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.39 — trading 105.3% above its estimated fair value. The current Days Payable is 56.47, which is near median its 10-year median of 52.00 and 26.4% below the Construction industry median of 76.72. G & M Holdings' overall GF Score™ is 62/100 with 1 warning sign 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 G & M Holdings (HKSE:06038), the current Days Payable is 56.47 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 G & M Holdings (HKSE:06038) Overvalued in 2026?

Based on GuruFocus' analysis, G & M Holdings stock appears to be overvalued. The current stock price of HK$0.39 is trading 105.3% above its estimated GF Value™ of HK$0.19. GuruFocus considers G & M Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06038:

  • Days Payable: 56.47 (near median its 10-year median of 52.00)
  • GF Value™: HK$0.19 vs. price of HK$0.39 (105.3% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 26.4% below the Construction median (#1220 of 1721)

No single metric tells the full story. See the HKSE:06038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G & M Holdings Business Description

Address 77-81 Container Port Road, Units 1101, 1102, 1103, 1107 and 1108, Magnet Place Tower I, 11th Floor, Kwai Chung, New Territoties, Hong Kong, HKG
G & M Holdings Ltd is an investment holding company engaged in construction business. The company provides one-stop design and builds solutions, as well as repairs and maintains services in relation to podium facade and curtain wall works in Hong Kong. The group operates in Hong Kong and the PRC. All of the group's revenue is derived from Hong Kong.
62GF Score

Get the complete analysis for HKSE:06038

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

HK$0.39
Price
HK$0.19
GF Value