Megain Holding (Cayman) Co (HKSE:06939) Days Payable: 29.67 (As of Dec. 2025) — 35% Below Median

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HKSE:06939 Megain Holding (Cayman) Co Ltd HKSE:06939
54 GF Score
Price HK$1.28
GF Value HK$0.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Megain Holding (Cayman) Co Days Payable?

Megain Holding (Cayman) Co HKSE:06939 +4.07% 54 Days Payable is 29.67 as of Dec. 2025, which is 35% below its 10-year median of 45.50. GuruFocus rates HKSE:06939 with a GF Score™ of 54/100 and a GF Value™ of HK$0.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Megain Holding (Cayman) Co ranks worse than 79.39% on this metric.

Megain Holding (Cayman) Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$15.4 Mil. Megain Holding (Cayman) Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$94.8 Mil. Hence, Megain Holding (Cayman) Co's Days Payable for the six months ended in Dec. 2025 was 29.67.

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

HKSE:06939' s Days Payable Range Over the Past 10 Years
Min: 31.41   Med: 45.5   Max: 108.94
Current: 37.72

During the past 9 years, Megain Holding (Cayman) Co's highest Days Payable was 108.94. The lowest was 31.41. And the median was 45.50.

HKSE:06939's Days Payable is ranked worse than
79.39% of 2440 companies
in the Hardware industry
Industry Median: 69.56 vs HKSE:06939: 37.72

Megain Holding (Cayman) Co's Days Payable declined from Dec. 2024 (50.35) to Dec. 2025 (29.67). It may suggest that Megain Holding (Cayman) Co accelerated paying its suppliers.


Megain Holding (Cayman) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co Days Payable Chart

Megain Holding (Cayman) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 32.33 45.50 31.41 43.74 40.39

Megain Holding (Cayman) Co Semi-Annual Data
Dec17 Dec18 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 34.37 40.38 50.35 45.74 29.67

HKSE:06939 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Megain Holding (Cayman) 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.


Megain Holding (Cayman) Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Megain Holding (Cayman) Co's Days Payable falls into.


HKSE:06939
54GF Score
Megain Holding (Cayman) Co Ltd HKSE:06939
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co'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
=( (19.179 + 16.671) / 2 ) / 161.974*365
=17.925 / 161.974*365
=40.39

Megain Holding (Cayman) Co'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
=( (14.15 + 16.671) / 2 ) / 94.776*365 / 2
=15.4105 / 94.776*365 / 2
=29.67

* 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 29.67 mean?
Megain Holding (Cayman) Co (HKSE:06939) has a Days Payable of 29.67 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 Megain Holding (Cayman) Co and its competitors. This is 35% below median its historical median of 45.50. Over the past decade, Megain Holding (Cayman) Co's Days Payable has ranged from 31.41 to 108.94. According to the industry distribution chart, Megain Holding (Cayman) Co ranks #1937 out of 2440 companies in the Hardware industry, placing it in the top 79.4%.
Is Megain Holding (Cayman) Co's Days Payable too high?
Megain Holding (Cayman) Co's current Days Payable of 29.67 is 35% below median its 10-year median of 45.50. Over the past 10 years, this metric has ranged from a low of 31.41 to a high of 108.94. The Hardware industry median Days Payable is 69.56. Megain Holding (Cayman) Co's value of 29.67 is 57.3% below this industry median. Based on the distribution chart, Megain Holding (Cayman) Co ranks #1937 out of 2440 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Megain Holding (Cayman) Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megain Holding (Cayman) Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Megain Holding (Cayman) Co ranks #1937 out of 2440 companies for Days Payable. This places Megain Holding (Cayman) Co in the lower half of its industry. The industry median Days Payable is 69.56. Megain Holding (Cayman) Co's value of 29.67 is 57.3% below this benchmark. Historically, Megain Holding (Cayman) Co's own Days Payable has ranged from 31.41 to 108.94 over the past decade. While the company's 10-year median is 45.50 vs. the industry median of 69.56, Megain Holding (Cayman) Co has consistently been below 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 Hardware company?
The median Days Payable among Hardware companies is 69.56, based on 2,440 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. Megain Holding (Cayman) Co's current Days Payable of 29.67 is 57.3% below 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 Megain Holding (Cayman) Co and its competitors. For the Hardware industry, the median Days Payable is 69.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megain Holding (Cayman) Co's current Days Payable is 29.67, which is 35% below median its own 10-year median of 45.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megain Holding (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Megain Holding (Cayman) Co (HKSE:06939) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$1.28 — trading 141.5% above its estimated fair value. The current Days Payable is 29.67, which is 35% below median its 10-year median of 45.50 and 57.3% below the Hardware industry median of 69.56. Megain Holding (Cayman) Co's overall GF Score™ is 54/100 with 6 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 Megain Holding (Cayman) Co (HKSE:06939), the current Days Payable is 29.67 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 Megain Holding (Cayman) Co (HKSE:06939) Overvalued in 2026?

Based on GuruFocus' analysis, Megain Holding (Cayman) Co stock appears to be overvalued. The current stock price of HK$1.28 is trading 141.5% above its estimated GF Value™ of HK$0.53. GuruFocus considers Megain Holding (Cayman) Co to be Significantly Overvalued.

Key valuation signals for HKSE:06939:

  • Days Payable: 29.67 (35% below median its 10-year median of 45.50)
  • GF Value™: HK$0.53 vs. price of HK$1.28 (141.5% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 57.3% below the Hardware median (#1937 of 2440)

No single metric tells the full story. See the HKSE:06939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megain Holding (Cayman) Co Business Description

Address No. 199 Hezheng Road, Floors 6-11, Building 2, Xiangzhou District, Guangdong Province, Zhuhai, CHN, 519000
Megain Holding (Cayman) Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The group derives a majority of its revenue from the People's Republic of China.
54GF Score

Get the complete analysis for HKSE:06939

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

HK$1.28
Price
HK$0.53
GF Value