Hinng Group (International) Holding Co (HKSE:06893) Days Payable: 47.37 (As of Mar. 2026) — 36% Below Median

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HKSE:06893 Hin Sang Group (International) Holding Co Ltd HKSE:06893
32 GF Score
Price HK$0.23
GF Value HK$0.33
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hinng Group (International) Holding Co Days Payable?

Hinng Group (International) Holding Co HKSE:06893 32 Days Payable is 47.37 as of Mar. 2026, which is 36% below its 10-year median of 73.83. GuruFocus rates HKSE:06893 with a GF Score™ of 32/100 and a GF Value™ of HK$0.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, Hinng Group (International) Holding Co ranks better than 67.32% on this metric.

Hinng Group (International) Holding Co's average Accounts Payable for the six months ended in Mar. 2026 was HK$6.5 Mil. Hinng Group (International) Holding Co's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$25.0 Mil. Hence, Hinng Group (International) Holding Co's Days Payable for the six months ended in Mar. 2026 was 47.37.

The historical rank and industry rank for Hinng Group (International) Holding Co's Days Payable or its related term are showing as below:

HKSE:06893' s Days Payable Range Over the Past 10 Years
Min: 49.04   Med: 73.83   Max: 97.91
Current: 62.34

During the past 13 years, Hinng Group (International) Holding Co's highest Days Payable was 97.91. The lowest was 49.04. And the median was 73.83.

HKSE:06893's Days Payable is ranked better than
67.32% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 44.31 vs HKSE:06893: 62.34

Hinng Group (International) Holding Co's Days Payable declined from Mar. 2025 (92.71) to Mar. 2026 (47.37). It may suggest that Hinng Group (International) Holding Co accelerated paying its suppliers.


Hinng Group (International) Holding Co Days Payable Related Terms


Hinng Group (International) Holding Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hinng Group (International) Holding 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.

Hinng Group (International) Holding Co Days Payable Chart

Hinng Group (International) Holding Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.79 80.39 82.29 97.91 64.02

Hinng Group (International) Holding Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 97.60 94.04 92.71 83.73 47.37

HKSE:06893 vs PG, CL, EL: Days Payable Comparison

For the Household & Personal Products subindustry, Hinng Group (International) Holding 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.


Hinng Group (International) Holding Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hinng Group (International) Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hinng Group (International) Holding Co's Days Payable falls into.


HKSE:06893
32GF Score
Hin Sang Group (International) Holding Co Ltd HKSE:06893
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hinng Group (International) Holding 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.

Hinng Group (International) Holding Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (7.954 + 6.359) / 2 ) / 40.804*365
=7.1565 / 40.804*365
=64.02

Hinng Group (International) Holding Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6.593 + 6.359) / 2 ) / 24.951*365 / 2
=6.476 / 24.951*365 / 2
=47.37

* 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 47.37 mean?
Hinng Group (International) Holding Co (HKSE:06893) has a Days Payable of 47.37 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hinng Group (International) Holding Co and its competitors. This is 36% below median its historical median of 73.83. Over the past decade, Hinng Group (International) Holding Co's Days Payable has ranged from 49.04 to 97.91. According to the industry distribution chart, Hinng Group (International) Holding Co ranks #620 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 32.7%.
Is Hinng Group (International) Holding Co's Days Payable too high?
Hinng Group (International) Holding Co's current Days Payable of 47.37 is 36% below median its 10-year median of 73.83. Over the past 10 years, this metric has ranged from a low of 49.04 to a high of 97.91. The Consumer Packaged Goods industry median Days Payable is 44.31. Hinng Group (International) Holding Co's value of 47.37 is 6.9% above this industry median. Based on the distribution chart, Hinng Group (International) Holding Co ranks #620 out of 1897 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hinng Group (International) Holding Co has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hinng Group (International) Holding Co's Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Hinng Group (International) Holding Co ranks #620 out of 1897 companies for Days Payable. This puts Hinng Group (International) Holding Co in the upper half of its industry. The industry median Days Payable is 44.31. Hinng Group (International) Holding Co's value of 47.37 is 6.9% above this benchmark. Historically, Hinng Group (International) Holding Co's own Days Payable has ranged from 49.04 to 97.91 over the past decade. While the company's 10-year median is 73.83 vs. the industry median of 44.31, Hinng Group (International) Holding Co 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.31, based on 1,897 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. Hinng Group (International) Holding Co's current Days Payable of 47.37 is 6.9% 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 Hinng Group (International) Holding Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinng Group (International) Holding Co's current Days Payable is 47.37, which is 36% below median its own 10-year median of 73.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinng Group (International) Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hinng Group (International) Holding Co (HKSE:06893) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.33, compared to a current price of HK$0.23 — trading 29.1% below its estimated fair value. The current Days Payable is 47.37, which is 36% below median its 10-year median of 73.83 and 6.9% above the Consumer Packaged Goods industry median of 44.31. Hinng Group (International) Holding Co's overall GF Score™ is 32/100 with 5 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 Hinng Group (International) Holding Co (HKSE:06893), the current Days Payable is 47.37 as of Mar. 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.

Is Hinng Group (International) Holding Co (HKSE:06893) Overvalued in 2026?

Based on GuruFocus' analysis, Hinng Group (International) Holding Co stock appears to be undervalued. The current stock price of HK$0.23 is trading 29.1% below its estimated GF Value™ of HK$0.33. GuruFocus considers Hinng Group (International) Holding Co to be Modestly Undervalued.

Key valuation signals for HKSE:06893:

  • Days Payable: 47.37 (36% below median its 10-year median of 73.83)
  • GF Value™: HK$0.33 vs. price of HK$0.23 (29.1% below fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 6.9% above the Consumer Packaged Goods median (#620 of 1897)

No single metric tells the full story. See the HKSE:06893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hinng Group (International) Holding Co Business Description

Address 1 Science Museum Road, Unit 1213-1215, 12th Floor, Seapower Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Hin Sang Group (International) Holding Co Ltd is engaged in the marketing, selling, and manufacturing of children's healthcare products. It is also involved in developing its business in mother-infant Chinese medical healthcare as well as diagnosis and treatment services projects. Its business segments include Product Development, Brand Development and Management, Trading of Goods, and Healthcare segment. The group generates a majority of its revenue from the Product Development segment which develops and sells healthcare products, personal care products, and household products under its brand names. The company's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
32GF Score

Get the complete analysis for HKSE:06893

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

HK$0.23
Price
HK$0.33
GF Value