Glory Flame Holdings (HKSE:08059) Days Payable: 83.42 (As of Dec. 2025) — 55% Above Median

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What is Glory Flame Holdings Days Payable?

Glory Flame Holdings HKSE:08059 -11.11% Days Payable is 83.42 as of Dec. 2025, which is 55% above its 10-year median of 53.68. The stock has 6 warning signs investors should review. Among 1,716 Construction companies, Glory Flame Holdings ranks better than 56.41% on this metric.

Glory Flame Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$13.31 Mil. Glory Flame Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$29.13 Mil. Hence, Glory Flame Holdings's Days Payable for the six months ended in Dec. 2025 was 83.42.

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

HKSE:08059' s Days Payable Range Over the Past 10 Years
Min: 23.36   Med: 53.68   Max: 94.73
Current: 88.25

During the past 13 years, Glory Flame Holdings's highest Days Payable was 94.73. The lowest was 23.36. And the median was 53.68.

HKSE:08059's Days Payable is ranked better than
56.41% of 1716 companies
in the Construction industry
Industry Median: 76.48 vs HKSE:08059: 88.25

Glory Flame Holdings's Days Payable declined from Dec. 2024 (129.47) to Dec. 2025 (83.42). It may suggest that Glory Flame Holdings accelerated paying its suppliers.


Glory Flame Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Glory Flame 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.

Glory Flame Holdings Days Payable Chart

Glory Flame 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 56.66 77.77 94.73 85.22 91.31

Glory Flame 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 100.67 146.10 129.47 90.17 83.42

HKSE:08059 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Glory Flame 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.


Glory Flame Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Glory Flame Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Glory Flame Holdings's Days Payable falls into.



Glory Flame 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.

Glory Flame 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
=( (14.817 + 13.77) / 2 ) / 57.136*365
=14.2935 / 57.136*365
=91.31

Glory Flame 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
=( (12.858 + 13.77) / 2 ) / 29.129*365 / 2
=13.314 / 29.129*365 / 2
=83.42

* 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 83.42 mean?
Glory Flame Holdings (HKSE:08059) has a Days Payable of 83.42 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 Glory Flame Holdings and its competitors. This is 55% above median its historical median of 53.68. Over the past decade, Glory Flame Holdings' Days Payable has ranged from 23.36 to 94.73. According to the industry distribution chart, Glory Flame Holdings ranks #748 out of 1716 companies in the Construction industry, placing it in the top 43.6%.
Is Glory Flame Holdings' Days Payable too high?
Glory Flame Holdings' current Days Payable of 83.42 is 55% above median its 10-year median of 53.68. Over the past 10 years, this metric has ranged from a low of 23.36 to a high of 94.73. The Construction industry median Days Payable is 76.48. Glory Flame Holdings' value of 83.42 is 9.1% above this industry median. Based on the distribution chart, Glory Flame Holdings ranks #748 out of 1716 companies in the Construction industry, which is above the industry midpoint.
How does Glory Flame Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Glory Flame Holdings ranks #748 out of 1716 companies for Days Payable. This puts Glory Flame Holdings in the upper half of its industry. The industry median Days Payable is 76.48. Glory Flame Holdings' value of 83.42 is 9.1% above this benchmark. Historically, Glory Flame Holdings' own Days Payable has ranged from 23.36 to 94.73 over the past decade. While the company's 10-year median is 53.68 vs. the industry median of 76.48, Glory Flame 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 Construction company?
The median Days Payable among Construction companies is 76.48, 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. Glory Flame Holdings's current Days Payable of 83.42 is 9.1% 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 Glory Flame Holdings and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glory Flame Holdings's current Days Payable is 83.42, which is 55% above median its own 10-year median of 53.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Flame Holdings stock overvalued right now?
Based on GuruFocus' analysis, Glory Flame Holdings (HKSE:08059) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.02 — trading 60% above its estimated fair value. The current Days Payable is 83.42, which is 55% above median its 10-year median of 53.68 and 9.1% above the Construction industry median of 76.48. 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 Glory Flame Holdings (HKSE:08059), the current Days Payable is 83.42 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.

Glory Flame Holdings Business Description

Address 145 Hennessy Road, On Hong Commercial Building, Room 9B, 23rdFloor, Wan Chai, Hong Kong, HKG
Glory Flame Holdings Ltd Company is an investment holding company. The group mainly engages in provision of concrete demolition services and manufacturing and trading of prefabricated construction components. The company has presence in Hong Kong and The PRC, excluding Hong Kong. The company generates majority of revenue from Hong Kong.