Luk Hing Entertainment Group Holdings (HKSE:08052) Days Payable: 59.01 (As of Jun. 2025) — Near Median


What is Luk Hing Entertainment Group Holdings Days Payable?

Luk Hing Entertainment Group Holdings HKSE:08052 Days Payable is 59.01 as of Jun. 2025, which is 3% above its 10-year median of 57.09. The stock has 3 warning signs investors should review.

Luk Hing Entertainment Group Holdings's average Accounts Payable for the six months ended in Jun. 2025 was HK$3.7 Mil. Luk Hing Entertainment Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2025 was HK$11.5 Mil. Hence, Luk Hing Entertainment Group Holdings's Days Payable for the six months ended in Jun. 2025 was 59.01.

The historical rank and industry rank for Luk Hing Entertainment Group Holdings's Days Payable or its related term are showing as below:

HKSE:08052' s Days Payable Range Over the Past 10 Years
Min: 27.04   Med: 57.09   Max: 400.35
Current: 39.7

During the past 11 years, Luk Hing Entertainment Group Holdings's highest Days Payable was 400.35. The lowest was 27.04. And the median was 57.09.

HKSE:08052's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 57.05 vs HKSE:08052: 39.70

Luk Hing Entertainment Group Holdings's Days Payable increased from Jun. 2024 (34.85) to Jun. 2025 (59.01). It may suggest that Luk Hing Entertainment Group Holdings delayed paying its suppliers.


Luk Hing Entertainment Group Holdings Days Payable Related Terms


Luk Hing Entertainment Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Luk Hing Entertainment Group 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.

Luk Hing Entertainment Group Holdings Days Payable Chart

Luk Hing Entertainment Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.10 63.28 99.73 50.90 34.87

Luk Hing Entertainment Group Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 71.06 47.55 34.85 31.24 59.01

HKSE:08052 vs LVS, MGM, WYNN: Days Payable Comparison

For the Resorts & Casinos subindustry, Luk Hing Entertainment Group 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.


Luk Hing Entertainment Group Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Luk Hing Entertainment Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Luk Hing Entertainment Group Holdings's Days Payable falls into.



Luk Hing Entertainment Group 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.

Luk Hing Entertainment Group Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2.989 + 4.004) / 2 ) / 36.602*365
=3.4965 / 36.602*365
=34.87

Luk Hing Entertainment Group Holdings's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (4.004 + 3.404) / 2 ) / 11.456*365 / 2
=3.704 / 11.456*365 / 2
=59.01

* 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 59.01 mean?
Luk Hing Entertainment Group Holdings (HKSE:08052) has a Days Payable of 59.01 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Luk Hing Entertainment Group Holdings and its competitors. This is near median its historical median of 57.09. Over the past decade, Luk Hing Entertainment Group Holdings' Days Payable has ranged from 27.04 to 400.35.
Is Luk Hing Entertainment Group Holdings' Days Payable too high?
Luk Hing Entertainment Group Holdings' current Days Payable of 59.01 is near median its 10-year median of 57.09. Over the past 10 years, this metric has ranged from a low of 27.04 to a high of 400.35. The Travel & Leisure industry median Days Payable is 57.05. Luk Hing Entertainment Group Holdings' value of 59.01 is 3.4% above this industry median.
How does Luk Hing Entertainment Group Holdings' Days Payable compare to LVS and MGM?
Luk Hing Entertainment Group Holdings' Days Payable of 59.01 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 57.05. Luk Hing Entertainment Group Holdings' value of 59.01 is 3.4% above this benchmark. Historically, Luk Hing Entertainment Group Holdings' own Days Payable has ranged from 27.04 to 400.35 over the past decade. While the company's 10-year median is 57.09 vs. the industry median of 57.05, Luk Hing Entertainment Group 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.05, based on 780 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. Luk Hing Entertainment Group Holdings's current Days Payable of 59.01 is 3.4% 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 Luk Hing Entertainment Group Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luk Hing Entertainment Group Holdings's current Days Payable is 59.01, which is near median its own 10-year median of 57.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luk Hing Entertainment Group Holdings stock overvalued right now?
Luk Hing Entertainment Group Holdings (HKSE:08052) has a current Days Payable of 59.01. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.04 — trading 2.5% above its estimated fair value. The current Days Payable is 59.01, which is near median its 10-year median of 57.09 and 3.4% above the Travel & Leisure industry median of 57.05. 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 Luk Hing Entertainment Group Holdings (HKSE:08052), the current Days Payable is 59.01 as of Jun. 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.

Luk Hing Entertainment Group Holdings Business Description

Address 87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, HKG
Luk Hing Entertainment Group Holdings Ltd is an investment holding company. It is engaged in the food and beverage and entertainment industry. The company's principal activities are the operation of clubs and restaurants, organizing music-related featured events as well as granting loans to entities in the food and beverage and entertainment industry. It generates its revenue in the form of sponsorship income, entrance fee income, loan interest income, and sale of food, beverage, and other products. Geographically, the company generates a majority of its revenue from Hong Kong.