Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Winox HoldingsHKSE:06838 +5.93%43 Days Payable is 60.74 as of Dec. 2025, which is 2% below its 10-year median of 62.10. GuruFocus rates HKSE:06838 with a GF Score™ of 43/100 and a GF Value™ of HK$0.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Winox Holdings ranks better than 61.27% on this metric.
The historical rank and industry rank for Winox Holdings's Days Payable or its related term are showing as below:
HKSE:06838'
s Days Payable Range Over the Past 10 Years
Min: 40.89 Med: 62.1 Max: 78.31
Current: 64.8
During the past 13 years, Winox Holdings's highest Days Payable was 78.31. The lowest was 40.89. And the median was 62.10.
HKSE:06838's Days Payable is ranked better than 61.27% of 1100
companies
in the Retail - Cyclical industry
Industry Median: 50.555
vs HKSE:06838: 64.80
Winox Holdings's Days Payable
increased
from Dec. 2024 (58.12) to Dec. 2025 (60.74).
It may suggest that Winox Holdingsdelayed paying its suppliers.
The historical data trend for Winox 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.
For the Luxury Goods subindustry, Winox 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.
Winox Holdings Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Winox Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Winox Holdings'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.
Winox Holdings'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.
Winox Holdings (HKSE:06838) has a Days Payable of 60.74 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 Winox Holdings and its competitors. This is near median its historical median of 62.10. Over the past decade, Winox Holdings' Days Payable has ranged from 40.89 to 78.31. According to the industry distribution chart, Winox Holdings ranks #426 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 38.7%.
Is Winox Holdings' Days Payable too high?
Winox Holdings' current Days Payable of 60.74 is near median its 10-year median of 62.10. Over the past 10 years, this metric has ranged from a low of 40.89 to a high of 78.31. The Retail - Cyclical industry median Days Payable is 50.56. Winox Holdings' value of 60.74 is 20.1% above this industry median. Based on the distribution chart, Winox Holdings ranks #426 out of 1100 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Winox Holdings has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Winox Holdings' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Winox Holdings ranks #426 out of 1100 companies for Days Payable. This puts Winox Holdings in the upper half of its industry. The industry median Days Payable is 50.56. Winox Holdings' value of 60.74 is 20.1% above this benchmark. Historically, Winox Holdings' own Days Payable has ranged from 40.89 to 78.31 over the past decade. While the company's 10-year median is 62.10 vs. the industry median of 50.56, Winox 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.56, based on 1,100 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. Winox Holdings's current Days Payable of 60.74 is 20.1% 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 Winox Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winox Holdings's current Days Payable is 60.74, which is near median its own 10-year median of 62.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Winox Holdings (HKSE:06838) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$0.25 — trading 21.9% below its estimated fair value. The current Days Payable is 60.74, which is near median its 10-year median of 62.10 and 20.1% above the Retail - Cyclical industry median of 50.56. Winox Holdings' overall GF Score™ is 43/100 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 Winox Holdings (HKSE:06838), the current Days Payable is 60.74 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 Winox Holdings (HKSE:06838) Overvalued in 2026?
Based on GuruFocus' analysis, Winox Holdings stock appears to be undervalued.
The current stock price of HK$0.25 is trading 21.9% below its estimated GF Value™ of HK$0.32.
GuruFocus considers Winox Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:06838:
Days Payable: 60.74 (near median its 10-year median of 62.10)
GF Value™: HK$0.32 vs. price of HK$0.25 (21.9% below fair value)
Industry Position: 20.1% above the Retail - Cyclical median (#426 of 1100)
No single metric tells the full story. See the HKSE:06838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winox Holdings Ltd is an investment holding company. The principal focus remains on the development and manufacture of premium stainless steel products, and its business segments are, namely, watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. Its geographical segments include PRC, Taiwan, Switzerland, Hong Kong, Liechtenstein and other European countries, and Other countries. The majority of the revenue for the company comes from the PRC. Product-wise, the company generates the majority of its revenue from Mobile phone cases and parts.
43GF Score
Get the complete analysis for HKSE:06838
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:06838 has been successfully added to your 
