TradeGo FinTech (HKSE:08017) Days Payable: 236.38 (As of Mar. 2026) — 486% Above Median

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HKSE:08017 TradeGo FinTech Ltd HKSE:08017
70 GF Score
Price HK$1.35
GF Value HK$0.80
Valuation Significantly Overvalued
! 3 Warning Signs
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What is TradeGo FinTech Days Payable?

TradeGo FinTech HKSE:08017 70 Days Payable is 236.38 as of Mar. 2026, which is 486% above its 10-year median of 40.31. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,609 Software companies, TradeGo FinTech ranks better than 84.86% on this metric.

TradeGo FinTech's average Accounts Payable for the six months ended in Mar. 2026 was HK$15.3 Mil. TradeGo FinTech's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$11.8 Mil. Hence, TradeGo FinTech's Days Payable for the six months ended in Mar. 2026 was 236.38.

The historical rank and industry rank for TradeGo FinTech's Days Payable or its related term are showing as below:

HKSE:08017' s Days Payable Range Over the Past 10 Years
Min: 5.28   Med: 40.31   Max: 219.33
Current: 219.33

During the past 11 years, TradeGo FinTech's highest Days Payable was 219.33. The lowest was 5.28. And the median was 40.31.

HKSE:08017's Days Payable is ranked better than
84.86% of 2609 companies
in the Software industry
Industry Median: 52.45 vs HKSE:08017: 219.33

TradeGo FinTech's Days Payable declined from Mar. 2025 (412.35) to Mar. 2026 (236.38). It may suggest that TradeGo FinTech accelerated paying its suppliers.


TradeGo FinTech Days Payable Historical Data

* Premium members only.

The historical data trend for TradeGo FinTech'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.

TradeGo FinTech Days Payable Chart

TradeGo FinTech 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 36.05 33.92 62.13 137.45 175.00

TradeGo FinTech Semi-Annual Data
Mar16 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 65.15 465.72 412.35 247.40 236.38

HKSE:08017 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, TradeGo FinTech'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.


TradeGo FinTech Days Payable vs Software Industry

For the Software industry and Technology sector, TradeGo FinTech's Days Payable distribution charts can be found below:

* The bar in red indicates where TradeGo FinTech's Days Payable falls into.


HKSE:08017
70GF Score
TradeGo FinTech Ltd HKSE:08017
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TradeGo FinTech 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.

TradeGo FinTech'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
=( (9.188 + 11.997) / 2 ) / 22.093*365
=10.5925 / 22.093*365
=175.00

TradeGo FinTech'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
=( (18.643 + 11.997) / 2 ) / 11.828*365 / 2
=15.32 / 11.828*365 / 2
=236.38

* 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 236.38 mean?
TradeGo FinTech (HKSE:08017) has a Days Payable of 236.38 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 TradeGo FinTech and its competitors. This is 486% above median its historical median of 40.31. Over the past decade, TradeGo FinTech's Days Payable has ranged from 5.28 to 219.33. According to the industry distribution chart, TradeGo FinTech ranks #395 out of 2609 companies in the Software industry, placing it in the top 15.1%.
Is TradeGo FinTech's Days Payable too high?
TradeGo FinTech's current Days Payable of 236.38 is 486% above median its 10-year median of 40.31. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 219.33. The Software industry median Days Payable is 52.45. TradeGo FinTech's value of 236.38 is 350.7% above this industry median. Based on the distribution chart, TradeGo FinTech ranks #395 out of 2609 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, TradeGo FinTech ranks #395 out of 2609 companies for Days Payable. This places TradeGo FinTech in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.45. TradeGo FinTech's value of 236.38 is 350.7% above this benchmark. Historically, TradeGo FinTech's own Days Payable has ranged from 5.28 to 219.33 over the past decade. While the company's 10-year median is 40.31 vs. the industry median of 52.45, TradeGo FinTech 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 Software company?
The median Days Payable among Software companies is 52.45, based on 2,609 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. TradeGo FinTech's current Days Payable of 236.38 is 350.7% 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 TradeGo FinTech and its competitors. For the Software industry, the median Days Payable is 52.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TradeGo FinTech's current Days Payable is 236.38, which is 486% above median its own 10-year median of 40.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current Days Payable is 236.38, which is 486% above median its 10-year median of 40.31 and 350.7% above the Software industry median of 52.45. TradeGo FinTech's overall GF Score™ is 70/100 with 3 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 TradeGo FinTech (HKSE:08017), the current Days Payable is 236.38 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 TradeGo FinTech (HKSE:08017) Overvalued in 2026?

Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued. The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80. GuruFocus considers TradeGo FinTech to be Significantly Overvalued.

Key valuation signals for HKSE:08017:

  • Days Payable: 236.38 (486% above median its 10-year median of 40.31)
  • GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 350.7% above the Software median (#395 of 2609)

No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TradeGo FinTech Business Description

Address 3040 Xinghai Avenue Nanshan Street, 2808, 28th Floor, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score

Get the complete analysis for HKSE:08017

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

HK$1.35
Price
HK$0.80
GF Value