Freetech Road Recycling Technology (Holdings) (HKSE:06888) Days Payable: 427.17 (As of Jun. 2026) — 62% Above Median

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What is Freetech Road Recycling Technology (Holdings) Days Payable?

Freetech Road Recycling Technology (Holdings) HKSE:06888 -2.44% Days Payable is 427.17 as of Jun. 2026, which is 62% above its 10-year median of 264.13. The stock has 7 warning signs investors should review. Among 1,727 Construction companies, Freetech Road Recycling Technology (Holdings) ranks better than 90.04% on this metric.

Freetech Road Recycling Technology (Holdings)'s average Accounts Payable for the six months ended in Jun. 2026 was HK$45.29 Mil. Freetech Road Recycling Technology (Holdings)'s Cost of Goods Sold for the six months ended in Jun. 2026 was HK$19.35 Mil. Hence, Freetech Road Recycling Technology (Holdings)'s Days Payable for the six months ended in Jun. 2026 was 427.17.

The historical rank and industry rank for Freetech Road Recycling Technology (Holdings)'s Days Payable or its related term are showing as below:

HKSE:06888' s Days Payable Range Over the Past 10 Years
Min: 214.54   Med: 264.13   Max: 975.39
Current: 329.33

During the past 13 years, Freetech Road Recycling Technology (Holdings)'s highest Days Payable was 975.39. The lowest was 214.54. And the median was 264.13.

HKSE:06888's Days Payable is ranked better than
90.04% of 1727 companies
in the Construction industry
Industry Median: 77.4 vs HKSE:06888: 329.33

Freetech Road Recycling Technology (Holdings)'s Days Payable increased from Jun. 2025 (210.81) to Jun. 2026 (427.17). It may suggest that Freetech Road Recycling Technology (Holdings) delayed paying its suppliers.


Freetech Road Recycling Technology (Holdings) Days Payable Related Terms


Freetech Road Recycling Technology (Holdings) Days Payable Historical Data

* Premium members only.

The historical data trend for Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings) Days Payable Chart

Freetech Road Recycling Technology (Holdings) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.12 266.35 954.07 603.72 217.12

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,073.55 - 210.81 226.24 427.17

Freetech Road Recycling Technology (Holdings) Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (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.


Freetech Road Recycling Technology (Holdings) Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Days Payable falls into.



Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (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
=( (55.267000000193 + 53.147000000196) / 2 ) / 91.12600000003*365
=54.207000000194 / 91.12600000003*365
=217.12

Freetech Road Recycling Technology (Holdings)'s Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (53.147000000196 + 37.432000000093) / 2 ) / 19.349000000152*365 / 2
=45.289500000144 / 19.349000000152*365 / 2
=427.17

* 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 427.17 mean?
Freetech Road Recycling Technology (Holdings) (HKSE:06888) has a Days Payable of 427.17 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 Freetech Road Recycling Technology (Holdings) and its competitors. This is 62% above median its historical median of 264.13. Over the past decade, Freetech Road Recycling Technology (Holdings)'s Days Payable has ranged from 214.54 to 975.39. According to the industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #172 out of 1727 companies in the Construction industry, placing it in the top 10%.
Is Freetech Road Recycling Technology (Holdings)'s Days Payable too high?
Freetech Road Recycling Technology (Holdings)'s current Days Payable of 427.17 is 62% above median its 10-year median of 264.13. Over the past 10 years, this metric has ranged from a low of 214.54 to a high of 975.39. The Construction industry median Days Payable is 77.40. Freetech Road Recycling Technology (Holdings)'s value of 427.17 is 451.9% above this industry median. Based on the distribution chart, Freetech Road Recycling Technology (Holdings) ranks #172 out of 1727 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Freetech Road Recycling Technology (Holdings)'s Days Payable compare to competitors?
According to the Construction industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #172 out of 1727 companies for Days Payable. This places Freetech Road Recycling Technology (Holdings) in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.40. Freetech Road Recycling Technology (Holdings)'s value of 427.17 is 451.9% above this benchmark. Historically, Freetech Road Recycling Technology (Holdings)'s own Days Payable has ranged from 214.54 to 975.39 over the past decade. While the company's 10-year median is 264.13 vs. the industry median of 77.40, Freetech Road Recycling Technology (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 Construction company?
The median Days Payable among Construction companies is 77.40, based on 1,727 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. Freetech Road Recycling Technology (Holdings)'s current Days Payable of 427.17 is 451.9% 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 Freetech Road Recycling Technology (Holdings) and its competitors. For the Construction industry, the median Days Payable is 77.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freetech Road Recycling Technology (Holdings)'s current Days Payable is 427.17, which is 62% above median its own 10-year median of 264.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freetech Road Recycling Technology (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Freetech Road Recycling Technology (Holdings) (HKSE:06888) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.08 — trading 14.3% above its estimated fair value. The current Days Payable is 427.17, which is 62% above median its 10-year median of 264.13 and 451.9% above the Construction industry median of 77.40. 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 Freetech Road Recycling Technology (Holdings) (HKSE:06888), the current Days Payable is 427.17 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.

Freetech Road Recycling Technology (Holdings) Business Description

Address 18 Whitfield Road, Room 2501, 25th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and the provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are the APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. The company has a business presence in Mainland China and other overseas markets.