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ZG GroupHKSE:06676 -2.68%2 Days Payable is 54.33 as of Jun. 2026, which is 67% below its 10-year median of 166.88. GuruFocus rates HKSE:06676 with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 2,608 Software companies, ZG Group ranks worse than 57.02% on this metric.
ZG Group's average Accounts Payable for the
six
months ended in Jun. 2026 was HK$291 Mil. ZG Group's Cost of Goods Sold for the
six
months ended in Jun. 2026 was HK$978 Mil.
Hence, ZG Group's Days Payable for the
six
months ended in Jun. 2026 was 54.33.
The historical rank and industry rank for ZG Group's Days Payable or its related term are showing as below:
HKSE:06676'
s Days Payable Range Over the Past 10 Years
Min: 35.36 Med: 166.88 Max: 2091.74
Current: 38.33
During the past 5 years, ZG Group's highest Days Payable was 2091.74. The lowest was 35.36. And the median was 166.88.
HKSE:06676's Days Payable is ranked worse than 57.02% of 2608
companies
in the Software industry
Industry Median: 51.715
vs HKSE:06676: 38.33
ZG Group's Days Payable
increased
from Jun. 2025 (36.93) to Jun. 2026 (54.33).
It may suggest that ZG Groupdelayed paying its suppliers.
The historical data trend for ZG Group'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.
HKSE:06676 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, ZG Group'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.
ZG Group Days Payable vs Software Industry
For the Software industry and Technology sector, ZG Group's Days Payable distribution charts can be found below:
* The bar in red indicates where ZG Group's Days Payable falls into.
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.
ZG Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
ZG Group (HKSE:06676) has a Days Payable of 54.33 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ZG Group and its competitors. This is 67% below median its historical median of 166.88. Over the past decade, ZG Group's Days Payable has ranged from 35.36 to 2,091.74. According to the industry distribution chart, ZG Group ranks #1487 out of 2608 companies in the Software industry, placing it in the top 57%.
Is ZG Group's Days Payable too high?
ZG Group's current Days Payable of 54.33 is 67% below median its 10-year median of 166.88. Over the past 10 years, this metric has ranged from a low of 35.36 to a high of 2,091.74. The Software industry median Days Payable is 51.72. ZG Group's value of 54.33 is 5.1% above this industry median. Based on the distribution chart, ZG Group ranks #1487 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, ZG Group has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does ZG Group's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, ZG Group ranks #1487 out of 2608 companies for Days Payable. This places ZG Group in the lower half of its industry. The industry median Days Payable is 51.72. ZG Group's value of 54.33 is 5.1% above this benchmark. Historically, ZG Group's own Days Payable has ranged from 35.36 to 2,091.74 over the past decade. While the company's 10-year median is 166.88 vs. the industry median of 51.72, ZG Group 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 Software company?
The median Days Payable among Software companies is 51.72, based on 2,608 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. ZG Group's current Days Payable of 54.33 is 5.1% 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 ZG Group and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZG Group's current Days Payable is 54.33, which is 67% below median its own 10-year median of 166.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZG Group stock overvalued right now?
ZG Group (HKSE:06676) has a current Days Payable of 54.33. The current Days Payable is 54.33, which is 67% below median its 10-year median of 166.88 and 5.1% above the Software industry median of 51.72. ZG Group's overall GF Score™ is 2/100 with 4 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 ZG Group (HKSE:06676), the current Days Payable is 54.33 as of Jun. 2026. 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.
ZG Group is an industrial digital platform in China. The company offers a one-stop integrated suite of B2B services covering the entire value chain of steel transactions, including online steel transactions, including online steel transactions, logistics, warehousing and processing, SaaS products, and big data analytics. The company's reportable segments include: Transaction services segment, Transaction support services segment, Technology subscription services segment, Overseas transaction business segment, and Others. Geographically, the company generates revenue from Mainland China, the United Arab Emirates, Malaysia, Thailand, Indonesia, and Others. The company generates the majority of its revenue from Mainland China.
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