E-Star Commercial Management Co (HKSE:06668) Days Payable: 38.94 (As of Dec. 2025) — Near Median

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HKSE:06668 E-Star Commercial Management Co Ltd HKSE:06668
89 GF Score
Price HK$1.38
GF Value HK$1.35
Valuation Fairly Valued
! 10 Warning Signs
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What is E-Star Commercial Management Co Days Payable?

E-Star Commercial Management Co HKSE:06668 89 Days Payable is 38.94 as of Dec. 2025, which is 4% above its 10-year median of 37.47. GuruFocus rates HKSE:06668 with a GF Score™ of 89/100 and a GF Value™ of HK$1.35 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,572 Real Estate companies, E-Star Commercial Management Co ranks worse than 73.41% on this metric.

E-Star Commercial Management Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$39.9 Mil. E-Star Commercial Management Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$186.8 Mil. Hence, E-Star Commercial Management Co's Days Payable for the six months ended in Dec. 2025 was 38.94.

The historical rank and industry rank for E-Star Commercial Management Co's Days Payable or its related term are showing as below:

HKSE:06668' s Days Payable Range Over the Past 10 Years
Min: 29.34   Med: 37.47   Max: 51.56
Current: 42.31

During the past 9 years, E-Star Commercial Management Co's highest Days Payable was 51.56. The lowest was 29.34. And the median was 37.47.

HKSE:06668's Days Payable is ranked worse than
73.41% of 1572 companies
in the Real Estate industry
Industry Median: 94.81 vs HKSE:06668: 42.31

E-Star Commercial Management Co's Days Payable increased from Dec. 2024 (34.46) to Dec. 2025 (38.94). It may suggest that E-Star Commercial Management Co delayed paying its suppliers.


E-Star Commercial Management Co Days Payable Related Terms


E-Star Commercial Management Co Days Payable Historical Data

* Premium members only.

The historical data trend for E-Star Commercial Management 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.

E-Star Commercial Management Co Days Payable Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 33.23 34.99 29.34 35.87 48.49

E-Star Commercial Management Co Semi-Annual Data
Dec17 Dec18 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 36.40 34.46 47.01 38.94 49.78

HKSE:06668 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Days Payable falls into.


HKSE:06668
89GF Score
E-Star Commercial Management Co Ltd HKSE:06668
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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E-Star Commercial Management 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.

E-Star Commercial Management 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
=( (43.012 + 46.395) / 2 ) / 336.532*365
=44.7035 / 336.532*365
=48.49

E-Star Commercial Management 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
=( (33.319 + 46.395) / 2 ) / 186.789*365 / 2
=39.857 / 186.789*365 / 2
=38.94

* 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 38.94 mean?
E-Star Commercial Management Co (HKSE:06668) has a Days Payable of 38.94 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 E-Star Commercial Management Co and its competitors. This is near median its historical median of 37.47. Over the past decade, E-Star Commercial Management Co's Days Payable has ranged from 29.34 to 51.56. According to the industry distribution chart, E-Star Commercial Management Co ranks #1154 out of 1572 companies in the Real Estate industry, placing it in the top 73.4%.
Is E-Star Commercial Management Co's Days Payable too high?
E-Star Commercial Management Co's current Days Payable of 38.94 is near median its 10-year median of 37.47. Over the past 10 years, this metric has ranged from a low of 29.34 to a high of 51.56. The Real Estate industry median Days Payable is 94.81. E-Star Commercial Management Co's value of 38.94 is 58.9% below this industry median. Based on the distribution chart, E-Star Commercial Management Co ranks #1154 out of 1572 companies in the Real Estate industry, which is below the industry midpoint. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, E-Star Commercial Management Co ranks #1154 out of 1572 companies for Days Payable. This places E-Star Commercial Management Co in the lower half of its industry. The industry median Days Payable is 94.81. E-Star Commercial Management Co's value of 38.94 is 58.9% below this benchmark. Historically, E-Star Commercial Management Co's own Days Payable has ranged from 29.34 to 51.56 over the past decade. While the company's 10-year median is 37.47 vs. the industry median of 94.81, E-Star Commercial Management 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.81, based on 1,572 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. E-Star Commercial Management Co's current Days Payable of 38.94 is 58.9% 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 E-Star Commercial Management Co and its competitors. For the Real Estate industry, the median Days Payable is 94.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Star Commercial Management Co's current Days Payable is 38.94, which is near median its own 10-year median of 37.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current Days Payable is 38.94, which is near median its 10-year median of 37.47 and 58.9% below the Real Estate industry median of 94.81. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current Days Payable is 38.94 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 E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?

Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued. The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35. GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.

Key valuation signals for HKSE:06668:

  • Days Payable: 38.94 (near median its 10-year median of 37.47)
  • GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
  • GF Score™: 89/100 with 10 warning signs
  • Industry Position: 58.9% below the Real Estate median (#1154 of 1572)

No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Star Commercial Management Co Business Description

Address 1 Yabao Road, 33nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score

Get the complete analysis for HKSE:06668

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

HK$1.38
Price
HK$1.35
GF Value