STAR CM Holdings (HKSE:06698) Days Payable: 370.04 (As of Dec. 2025) — 126% Above Median

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HKSE:06698 STAR CM Holdings Ltd HKSE:06698
70 GF Score
Price HK$0.81
GF Value HK$1.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is STAR CM Holdings Days Payable?

STAR CM Holdings HKSE:06698 -4.14% 70 Days Payable is 370.04 as of Dec. 2025, which is 126% above its 10-year median of 163.72. GuruFocus rates HKSE:06698 with a GF Score™ of 70/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 912 Media - Diversified companies, STAR CM Holdings ranks better than 86.18% on this metric.

STAR CM Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$96.5 Mil. STAR CM Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$47.6 Mil. Hence, STAR CM Holdings's Days Payable for the six months ended in Dec. 2025 was 370.04.

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

HKSE:06698' s Days Payable Range Over the Past 10 Years
Min: 83.7   Med: 163.72   Max: 442.79
Current: 379.36

During the past 7 years, STAR CM Holdings's highest Days Payable was 442.79. The lowest was 83.70. And the median was 163.72.

HKSE:06698's Days Payable is ranked better than
86.18% of 912 companies
in the Media - Diversified industry
Industry Median: 80.91 vs HKSE:06698: 379.36

STAR CM Holdings's Days Payable declined from Dec. 2024 (399.67) to Dec. 2025 (370.04). It may suggest that STAR CM Holdings accelerated paying its suppliers.


STAR CM Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for STAR CM 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.

STAR CM Holdings Days Payable Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 135.05 194.08 163.72 442.79 425.91

STAR CM Holdings Semi-Annual Data
Dec19 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 450.84 399.67 532.59 370.04 366.35

HKSE:06698 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, STAR CM 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.


STAR CM Holdings Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where STAR CM Holdings's Days Payable falls into.


HKSE:06698
70GF Score
STAR CM Holdings Ltd HKSE:06698
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STAR CM 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.

STAR CM 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
=( (125.043 + 81.598) / 2 ) / 88.545*365
=103.3205 / 88.545*365
=425.91

STAR CM 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
=( (111.421 + 81.598) / 2 ) / 47.598*365 / 2
=96.5095 / 47.598*365 / 2
=370.04

* 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 370.04 mean?
STAR CM Holdings (HKSE:06698) has a Days Payable of 370.04 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 STAR CM Holdings and its competitors. This is 126% above median its historical median of 163.72. Over the past decade, STAR CM Holdings' Days Payable has ranged from 83.70 to 442.79. According to the industry distribution chart, STAR CM Holdings ranks #126 out of 912 companies in the Media - Diversified industry, placing it in the top 13.8%.
Is STAR CM Holdings' Days Payable too high?
STAR CM Holdings' current Days Payable of 370.04 is 126% above median its 10-year median of 163.72. Over the past 10 years, this metric has ranged from a low of 83.70 to a high of 442.79. The Media - Diversified industry median Days Payable is 80.91. STAR CM Holdings' value of 370.04 is 357.3% above this industry median. Based on the distribution chart, STAR CM Holdings ranks #126 out of 912 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, STAR CM Holdings has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does STAR CM Holdings' Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, STAR CM Holdings ranks #126 out of 912 companies for Days Payable. This places STAR CM Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 80.91. STAR CM Holdings' value of 370.04 is 357.3% above this benchmark. Historically, STAR CM Holdings' own Days Payable has ranged from 83.70 to 442.79 over the past decade. While the company's 10-year median is 163.72 vs. the industry median of 80.91, STAR CM Holdings 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 80.91, based on 912 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. STAR CM Holdings's current Days Payable of 370.04 is 357.3% 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 STAR CM Holdings and its competitors. For the Media - Diversified industry, the median Days Payable is 80.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STAR CM Holdings's current Days Payable is 370.04, which is 126% above median its own 10-year median of 163.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STAR CM Holdings stock overvalued right now?
Based on GuruFocus' analysis, STAR CM Holdings (HKSE:06698) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.81 — trading 55.2% below its estimated fair value. The current Days Payable is 370.04, which is 126% above median its 10-year median of 163.72 and 357.3% above the Media - Diversified industry median of 80.91. STAR CM Holdings' overall GF Score™ is 70/100 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 STAR CM Holdings (HKSE:06698), the current Days Payable is 370.04 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 STAR CM Holdings (HKSE:06698) Overvalued in 2026?

Based on GuruFocus' analysis, STAR CM Holdings stock appears to be undervalued. The current stock price of HK$0.81 is trading 55.2% below its estimated GF Value™ of HK$1.81. GuruFocus considers STAR CM Holdings to be Possible Value Trap.

Key valuation signals for HKSE:06698:

  • Days Payable: 370.04 (126% above median its 10-year median of 163.72)
  • GF Value™: HK$1.81 vs. price of HK$0.81 (55.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 357.3% above the Media - Diversified median (#126 of 912)

No single metric tells the full story. See the HKSE:06698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STAR CM Holdings Business Description

Address No. 158 Longqi Road, 23rd Floor, Canxing Building, Shanghai, CHN
STAR CM Holdings Ltd is an investment holding company. The company's subsidiaries are principally involved in variety program intellectual property (IP) production, operation and licensing, music IP operation and licensing, drama series and film IP operation and licensing and other IP-related business. The company owns a diverse and wide range of popular variety show IPs, including music programs, dance programs, talent shows, talk shows, outdoor/cultural programs, and other variety shows. Geographically, the company derives the majority of revenue from Mainland China, followed by the USA, the United Kingdom, Japan, Hong Kong, Macau, and Other regions.
70GF Score

Get the complete analysis for HKSE:06698

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

HK$0.81
Price
HK$1.81
GF Value