Zhou Liu Fu Jewellery Co (HKSE:06168) Days Payable: 31.05 (As of Dec. 2025) — 496% Above Median

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HKSE:06168 Zhou Liu Fu Jewellery Co Ltd HKSE:06168
20 GF Score
Price HK$13.43
! 1 Warning Sign
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What is Zhou Liu Fu Jewellery Co Days Payable?

Zhou Liu Fu Jewellery Co HKSE:06168 -0.89% 20 Days Payable is 31.05 as of Dec. 2025, which is 496% above its 10-year median of 5.21. GuruFocus rates HKSE:06168 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,102 Retail - Cyclical companies, Zhou Liu Fu Jewellery Co ranks worse than 68.97% on this metric.

Zhou Liu Fu Jewellery Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$358 Mil. Zhou Liu Fu Jewellery Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,107 Mil. Hence, Zhou Liu Fu Jewellery Co's Days Payable for the six months ended in Dec. 2025 was 31.05.

The historical rank and industry rank for Zhou Liu Fu Jewellery Co's Days Payable or its related term are showing as below:

HKSE:06168' s Days Payable Range Over the Past 10 Years
Min: 3.19   Med: 5.21   Max: 33.82
Current: 33.82

During the past 4 years, Zhou Liu Fu Jewellery Co's highest Days Payable was 33.82. The lowest was 3.19. And the median was 5.21.

HKSE:06168's Days Payable is ranked worse than
68.97% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 50.49 vs HKSE:06168: 33.82

Zhou Liu Fu Jewellery Co's Days Payable increased from Dec. 2024 (3.44) to Dec. 2025 (31.05). It may suggest that Zhou Liu Fu Jewellery Co delayed paying its suppliers.


Zhou Liu Fu Jewellery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhou Liu Fu Jewellery Co'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.

Zhou Liu Fu Jewellery Co Days Payable Chart

Zhou Liu Fu Jewellery Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
6.93 3.48 3.19 22.20

Zhou Liu Fu Jewellery Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial 2.95 3.44 8.23 31.05 45.62

HKSE:06168 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Zhou Liu Fu Jewellery Co'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.


Zhou Liu Fu Jewellery Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhou Liu Fu Jewellery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhou Liu Fu Jewellery Co's Days Payable falls into.


HKSE:06168
20GF Score
Zhou Liu Fu Jewellery Co Ltd HKSE:06168
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhou Liu Fu Jewellery Co 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.

Zhou Liu Fu Jewellery Co'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
=( (40.364 + 528.081) / 2 ) / 4673.025*365
=284.2225 / 4673.025*365
=22.20

Zhou Liu Fu Jewellery Co'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
=( (188.769 + 528.081) / 2 ) / 2106.557*365 / 2
=358.425 / 2106.557*365 / 2
=31.05

* 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 31.05 mean?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a Days Payable of 31.05 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 Zhou Liu Fu Jewellery Co and its competitors. This is 496% above median its historical median of 5.21. Over the past decade, Zhou Liu Fu Jewellery Co's Days Payable has ranged from 3.19 to 33.82. According to the industry distribution chart, Zhou Liu Fu Jewellery Co ranks #760 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 69%.
Is Zhou Liu Fu Jewellery Co's Days Payable too high?
Zhou Liu Fu Jewellery Co's current Days Payable of 31.05 is 496% above median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 33.82. The Retail - Cyclical industry median Days Payable is 50.49. Zhou Liu Fu Jewellery Co's value of 31.05 is 38.5% below this industry median. Based on the distribution chart, Zhou Liu Fu Jewellery Co ranks #760 out of 1102 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Zhou Liu Fu Jewellery Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhou Liu Fu Jewellery Co's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Zhou Liu Fu Jewellery Co ranks #760 out of 1102 companies for Days Payable. This places Zhou Liu Fu Jewellery Co in the lower half of its industry. The industry median Days Payable is 50.49. Zhou Liu Fu Jewellery Co's value of 31.05 is 38.5% below this benchmark. Historically, Zhou Liu Fu Jewellery Co's own Days Payable has ranged from 3.19 to 33.82 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 50.49, Zhou Liu Fu Jewellery Co 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.49, based on 1,102 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. Zhou Liu Fu Jewellery Co's current Days Payable of 31.05 is 38.5% 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 Zhou Liu Fu Jewellery Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhou Liu Fu Jewellery Co's current Days Payable is 31.05, which is 496% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhou Liu Fu Jewellery Co stock overvalued right now?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a current Days Payable of 31.05. The current Days Payable is 31.05, which is 496% above median its 10-year median of 5.21 and 38.5% below the Retail - Cyclical industry median of 50.49. Zhou Liu Fu Jewellery Co's overall GF Score™ is 20/100 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 Zhou Liu Fu Jewellery Co (HKSE:06168), the current Days Payable is 31.05 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.

Zhou Liu Fu Jewellery Co Business Description

Address No. 3031 Taibai Road, Dongxiao Street, 2301-2409, Zhongguan Business Building, Dongxiao Community, Luohu District, Guangdong, Shenzhen, CHN
Zhou Liu Fu Jewellery Co Ltd is a jewelry company in China that offers gold jewelry products and diamond-set jewelry products, through its offline stores and online sales channels. Its business model integrates jewelry product development and design, procurement and supply, franchising and brand operation. The company has established a network of e-commerce and retail stores across China.
20GF Score

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