Hao Wen Holdings (HKSE:08019) Days Payable: 530.66 (As of Dec. 2025) — 425% Above Median

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What is Hao Wen Holdings Days Payable?

Hao Wen Holdings HKSE:08019 Days Payable is 530.66 as of Dec. 2025, which is 425% above its 10-year median of 101.02. The stock has 6 warning signs investors should review. Among 302 Credit Services companies, Hao Wen Holdings ranks better than 81.46% on this metric.

Hao Wen Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$5.52 Mil. Hao Wen Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1.90 Mil. Hence, Hao Wen Holdings's Days Payable for the six months ended in Dec. 2025 was 530.66.

The historical rank and industry rank for Hao Wen Holdings's Days Payable or its related term are showing as below:

HKSE:08019' s Days Payable Range Over the Past 10 Years
Min: 22.03   Med: 101.02   Max: 438.61
Current: 192.07

During the past 13 years, Hao Wen Holdings's highest Days Payable was 438.61. The lowest was 22.03. And the median was 101.02.

HKSE:08019's Days Payable is ranked better than
81.46% of 302 companies
in the Credit Services industry
Industry Median: 33.455 vs HKSE:08019: 192.07

Hao Wen Holdings's Days Payable increased from Dec. 2024 (346.90) to Dec. 2025 (530.66). It may suggest that Hao Wen Holdings delayed paying its suppliers.


Hao Wen Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Hao Wen 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.

Hao Wen Holdings Days Payable Chart

Hao Wen 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 22.03 27.55 123.48 212.55 214.74

Hao Wen Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.11 174.62 346.90 101.19 530.66

HKSE:08019 vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Hao Wen 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.


Hao Wen Holdings Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Hao Wen Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Hao Wen Holdings's Days Payable falls into.



Hao Wen 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.

Hao Wen 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
=( (5.326 + 6.971) / 2 ) / 10.451*365
=6.1485 / 10.451*365
=214.74

Hao Wen 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
=( (4.061 + 6.971) / 2 ) / 1.897*365 / 2
=5.516 / 1.897*365 / 2
=530.66

* 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 530.66 mean?
Hao Wen Holdings (HKSE:08019) has a Days Payable of 530.66 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 Hao Wen Holdings and its competitors. This is 425% above median its historical median of 101.02. Over the past decade, Hao Wen Holdings' Days Payable has ranged from 22.03 to 438.61. According to the industry distribution chart, Hao Wen Holdings ranks #56 out of 302 companies in the Credit Services industry, placing it in the top 18.5%.
Is Hao Wen Holdings' Days Payable too high?
Hao Wen Holdings' current Days Payable of 530.66 is 425% above median its 10-year median of 101.02. Over the past 10 years, this metric has ranged from a low of 22.03 to a high of 438.61. The Credit Services industry median Days Payable is 33.46. Hao Wen Holdings' value of 530.66 is 1486.2% above this industry median. Based on the distribution chart, Hao Wen Holdings ranks #56 out of 302 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers.
How does Hao Wen Holdings' Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Hao Wen Holdings ranks #56 out of 302 companies for Days Payable. This places Hao Wen Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 33.46. Hao Wen Holdings' value of 530.66 is 1486.2% above this benchmark. Historically, Hao Wen Holdings' own Days Payable has ranged from 22.03 to 438.61 over the past decade. While the company's 10-year median is 101.02 vs. the industry median of 33.46, Hao Wen 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.46, based on 302 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. Hao Wen Holdings's current Days Payable of 530.66 is 1486.2% 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 Hao Wen Holdings and its competitors. For the Credit Services industry, the median Days Payable is 33.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hao Wen Holdings's current Days Payable is 530.66, which is 425% above median its own 10-year median of 101.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hao Wen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hao Wen Holdings (HKSE:08019) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.07 — trading 54.7% below its estimated fair value. The current Days Payable is 530.66, which is 425% above median its 10-year median of 101.02 and 1486.2% above the Credit Services industry median of 33.46. 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 Hao Wen Holdings (HKSE:08019), the current Days Payable is 530.66 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.

Hao Wen Holdings Business Description

Address 199 Des Voeux Road Central, Level 12, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, the Money Lending segment engages in interest income earned from the money lending business; the Electronic Parts segment engages in trading of electronic parts business; the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products. The company derives maximum revenue from the Money Lending segment and geographically from Hong Kong.