Sino-Entertainment Technology Holdings (HKSE:06933) Days Payable: 109.33 (As of Dec. 2025) — 85% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:06933 Sino-Entertainment Technology Holdings Ltd HKSE:06933
43 GF Score
Price HK$1.31
GF Value HK$0.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sino-Entertainment Technology Holdings Days Payable?

Sino-Entertainment Technology Holdings HKSE:06933 +0.77% 43 Days Payable is 109.33 as of Dec. 2025, which is 85% above its 10-year median of 59.02. GuruFocus rates HKSE:06933 with a GF Score™ of 43/100 and a GF Value™ of HK$0.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 429 Interactive Media companies, Sino-Entertainment Technology Holdings ranks better than 55.71% on this metric.

Sino-Entertainment Technology Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$3.62 Mil. Sino-Entertainment Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$6.05 Mil. Hence, Sino-Entertainment Technology Holdings's Days Payable for the six months ended in Dec. 2025 was 109.33.

The historical rank and industry rank for Sino-Entertainment Technology Holdings's Days Payable or its related term are showing as below:

HKSE:06933' s Days Payable Range Over the Past 10 Years
Min: 37.24   Med: 59.02   Max: 136.55
Current: 76.26

During the past 9 years, Sino-Entertainment Technology Holdings's highest Days Payable was 136.55. The lowest was 37.24. And the median was 59.02.

HKSE:06933's Days Payable is ranked better than
55.71% of 429 companies
in the Interactive Media industry
Industry Median: 59.65 vs HKSE:06933: 76.26

Sino-Entertainment Technology Holdings's Days Payable increased from Dec. 2024 (78.02) to Dec. 2025 (109.33). It may suggest that Sino-Entertainment Technology Holdings delayed paying its suppliers.


Sino-Entertainment Technology Holdings Days Payable Related Terms


Sino-Entertainment Technology Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Sino-Entertainment 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.

Sino-Entertainment Technology Holdings Days Payable Chart

Sino-Entertainment Technology Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 53.08 136.55 77.41 44.81 102.93

Sino-Entertainment Technology Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 23.31 45.81 78.02 41.08 109.33

HKSE:06933 vs NTES, TTWO, RBLX: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Sino-Entertainment 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.


Sino-Entertainment Technology Holdings Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Sino-Entertainment Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino-Entertainment Technology Holdings's Days Payable falls into.


HKSE:06933
43GF Score
Sino-Entertainment Technology Holdings Ltd HKSE:06933
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino-Entertainment 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.

Sino-Entertainment 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
=( (4.799 + 6.117) / 2 ) / 19.355*365
=5.458 / 19.355*365
=102.93

Sino-Entertainment Technology 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
=( (1.128 + 6.117) / 2 ) / 6.047*365 / 2
=3.6225 / 6.047*365 / 2
=109.33

* 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 109.33 mean?
Sino-Entertainment Technology Holdings (HKSE:06933) has a Days Payable of 109.33 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 Sino-Entertainment Technology Holdings and its competitors. This is 85% above median its historical median of 59.02. Over the past decade, Sino-Entertainment Technology Holdings' Days Payable has ranged from 37.24 to 136.55. According to the industry distribution chart, Sino-Entertainment Technology Holdings ranks #190 out of 429 companies in the Interactive Media industry, placing it in the top 44.3%.
Is Sino-Entertainment Technology Holdings' Days Payable too high?
Sino-Entertainment Technology Holdings' current Days Payable of 109.33 is 85% above median its 10-year median of 59.02. Over the past 10 years, this metric has ranged from a low of 37.24 to a high of 136.55. The Interactive Media industry median Days Payable is 59.65. Sino-Entertainment Technology Holdings' value of 109.33 is 83.3% above this industry median. Based on the distribution chart, Sino-Entertainment Technology Holdings ranks #190 out of 429 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Sino-Entertainment Technology Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino-Entertainment Technology Holdings' Days Payable compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Sino-Entertainment Technology Holdings ranks #190 out of 429 companies for Days Payable. This puts Sino-Entertainment Technology Holdings in the upper half of its industry. The industry median Days Payable is 59.65. Sino-Entertainment Technology Holdings' value of 109.33 is 83.3% above this benchmark. Historically, Sino-Entertainment Technology Holdings' own Days Payable has ranged from 37.24 to 136.55 over the past decade. While the company's 10-year median is 59.02 vs. the industry median of 59.65, Sino-Entertainment 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 59.65, based on 429 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. Sino-Entertainment Technology Holdings's current Days Payable of 109.33 is 83.3% 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 Sino-Entertainment Technology Holdings and its competitors. For the Interactive Media industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino-Entertainment Technology Holdings's current Days Payable is 109.33, which is 85% above median its own 10-year median of 59.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino-Entertainment Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino-Entertainment Technology Holdings (HKSE:06933) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.61, compared to a current price of HK$1.31 — trading 114.8% above its estimated fair value. The current Days Payable is 109.33, which is 85% above median its 10-year median of 59.02 and 83.3% above the Interactive Media industry median of 59.65. Sino-Entertainment Technology Holdings' overall GF Score™ is 43/100 with 2 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 Sino-Entertainment Technology Holdings (HKSE:06933), the current Days Payable is 109.33 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 Sino-Entertainment Technology Holdings (HKSE:06933) Overvalued in 2026?

Based on GuruFocus' analysis, Sino-Entertainment Technology Holdings stock appears to be overvalued. The current stock price of HK$1.31 is trading 114.8% above its estimated GF Value™ of HK$0.61. GuruFocus considers Sino-Entertainment Technology Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06933:

  • Days Payable: 109.33 (85% above median its 10-year median of 59.02)
  • GF Value™: HK$0.61 vs. price of HK$1.31 (114.8% above fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 83.3% above the Interactive Media median (#190 of 429)

No single metric tells the full story. See the HKSE:06933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino-Entertainment Technology Holdings Business Description

Address No. 4 Deshan Road, Room 3, Floor 5, Fortune Plaza, Luocheng Dongmen Town, Luocheng Mulao Autonomous County, Guangxi, Hechi, CHN
Sino-Entertainment Technology Holdings Ltd is engaged in mobile game publishing as well as the development and sale of customised software and mobile games, and blockchain technology business. The operating segments of the company are as follows: Blockchain technology business, which includes the provision of digital services to liquidity pools operating on blockchain protocols within cryptocurrency networks, and development, sales, and providing technical support for the SocialFi mobile app with blockchain technology. The Mobile game business, which includes publishing, development, and sales of mobile games in the PRC. The company generates the majority of its revenue from the Mobile game business. Geographically, the majority of revenue is generated in the PRC.
43GF Score

Get the complete analysis for HKSE:06933

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

HK$1.31
Price
HK$0.61
GF Value