Kwong Man Kee Group (HKSE:08023) Days Payable: 86.89 (As of Mar. 2026) — Near Median

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HKSE:08023 Kwong Man Kee Group Ltd HKSE:08023
63 GF Score
Price HK$0.31
GF Value HK$0.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kwong Man Kee Group Days Payable?

Kwong Man Kee Group HKSE:08023 -23.75% 63 Days Payable is 86.89 as of Mar. 2026, which is 1% above its 10-year median of 85.67. GuruFocus rates HKSE:08023 with a GF Score™ of 63/100 and a GF Value™ of HK$0.35 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Kwong Man Kee Group ranks better than 57.98% on this metric.

Kwong Man Kee Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$27.8 Mil. Kwong Man Kee Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$58.5 Mil. Hence, Kwong Man Kee Group's Days Payable for the six months ended in Mar. 2026 was 86.89.

The historical rank and industry rank for Kwong Man Kee Group's Days Payable or its related term are showing as below:

HKSE:08023' s Days Payable Range Over the Past 10 Years
Min: 64.78   Med: 85.67   Max: 120.5
Current: 91.88

During the past 12 years, Kwong Man Kee Group's highest Days Payable was 120.50. The lowest was 64.78. And the median was 85.67.

HKSE:08023's Days Payable is ranked better than
57.98% of 1716 companies
in the Construction industry
Industry Median: 76.595 vs HKSE:08023: 91.88

Kwong Man Kee Group's Days Payable increased from Mar. 2025 (84.20) to Mar. 2026 (86.89). It may suggest that Kwong Man Kee Group delayed paying its suppliers.


Kwong Man Kee Group Days Payable Historical Data

* Premium members only.

The historical data trend for Kwong Man Kee Group'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.

Kwong Man Kee Group Days Payable Chart

Kwong Man Kee Group 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 82.13 69.16 88.10 83.24 90.19

Kwong Man Kee Group 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 93.59 98.29 84.20 99.08 86.89

HKSE:08023 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kwong Man Kee Group'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.


Kwong Man Kee Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Kwong Man Kee Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Kwong Man Kee Group's Days Payable falls into.


HKSE:08023
63GF Score
Kwong Man Kee Group Ltd HKSE:08023
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwong Man Kee Group 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.

Kwong Man Kee Group'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
=( (29.056 + 26.381) / 2 ) / 112.183*365
=27.7185 / 112.183*365
=90.19

Kwong Man Kee Group'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
=( (29.28 + 26.381) / 2 ) / 58.456*365 / 2
=27.8305 / 58.456*365 / 2
=86.89

* 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 86.89 mean?
Kwong Man Kee Group (HKSE:08023) has a Days Payable of 86.89 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 Kwong Man Kee Group and its competitors. This is near median its historical median of 85.67. Over the past decade, Kwong Man Kee Group's Days Payable has ranged from 64.78 to 120.50. According to the industry distribution chart, Kwong Man Kee Group ranks #721 out of 1716 companies in the Construction industry, placing it in the top 42%.
Is Kwong Man Kee Group's Days Payable too high?
Kwong Man Kee Group's current Days Payable of 86.89 is near median its 10-year median of 85.67. Over the past 10 years, this metric has ranged from a low of 64.78 to a high of 120.50. The Construction industry median Days Payable is 76.60. Kwong Man Kee Group's value of 86.89 is 13.4% above this industry median. Based on the distribution chart, Kwong Man Kee Group ranks #721 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Kwong Man Kee Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Man Kee Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kwong Man Kee Group ranks #721 out of 1716 companies for Days Payable. This puts Kwong Man Kee Group in the upper half of its industry. The industry median Days Payable is 76.60. Kwong Man Kee Group's value of 86.89 is 13.4% above this benchmark. Historically, Kwong Man Kee Group's own Days Payable has ranged from 64.78 to 120.50 over the past decade. While the company's 10-year median is 85.67 vs. the industry median of 76.60, Kwong Man Kee Group 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,716 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. Kwong Man Kee Group's current Days Payable of 86.89 is 13.4% 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 Kwong Man Kee Group and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Man Kee Group's current Days Payable is 86.89, which is near median its own 10-year median of 85.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Man Kee Group stock overvalued right now?
Based on GuruFocus' analysis, Kwong Man Kee Group (HKSE:08023) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.31 — trading 12.9% below its estimated fair value. The current Days Payable is 86.89, which is near median its 10-year median of 85.67 and 13.4% above the Construction industry median of 76.60. Kwong Man Kee Group's overall GF Score™ is 63/100 with 4 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 Kwong Man Kee Group (HKSE:08023), the current Days Payable is 86.89 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 Kwong Man Kee Group (HKSE:08023) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Man Kee Group stock appears to be undervalued. The current stock price of HK$0.31 is trading 12.9% below its estimated GF Value™ of HK$0.35. GuruFocus considers Kwong Man Kee Group to be Modestly Undervalued.

Key valuation signals for HKSE:08023:

  • Days Payable: 86.89 (near median its 10-year median of 85.67)
  • GF Value™: HK$0.35 vs. price of HK$0.31 (12.9% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 13.4% above the Construction median (#721 of 1716)

No single metric tells the full story. See the HKSE:08023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Man Kee Group Business Description

Address 91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG
Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.
63GF Score

Get the complete analysis for HKSE:08023

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

HK$0.31
Price
HK$0.35
GF Value