IMS Group Holdings (HKSE:08136) Days Payable: 58.87 (As of Sep. 2025) — 12% Below Median

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What is IMS Group Holdings Days Payable?

IMS Group Holdings HKSE:08136 -7.50% Days Payable is 58.87 as of Sep. 2025, which is 12% below its 10-year median of 67.11. The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, IMS Group Holdings ranks worse than 65.33% on this metric.

IMS Group Holdings's average Accounts Payable for the six months ended in Sep. 2025 was HK$4.39 Mil. IMS Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2025 was HK$13.60 Mil. Hence, IMS Group Holdings's Days Payable for the six months ended in Sep. 2025 was 58.87.

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

HKSE:08136' s Days Payable Range Over the Past 10 Years
Min: 11.66   Med: 67.11   Max: 93.26
Current: 55.41

During the past 11 years, IMS Group Holdings's highest Days Payable was 93.26. The lowest was 11.66. And the median was 67.11.

HKSE:08136's Days Payable is ranked worse than
65.33% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs HKSE:08136: 55.41

IMS Group Holdings's Days Payable declined from Sep. 2024 (59.46) to Sep. 2025 (58.87). It may suggest that IMS Group Holdings accelerated paying its suppliers.


IMS Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for IMS 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.

IMS Group Holdings Days Payable Chart

IMS Group Holdings 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 62.47 59.28 65.50 68.88 48.53

IMS Group Holdings 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 84.01 59.46 78.83 58.87 58.83

HKSE:08136 vs VRT, BE, HUBB: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, IMS 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.


IMS Group Holdings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's Days Payable distribution charts can be found below:

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



IMS 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.

IMS Group Holdings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (7.283 + 4.088) / 2 ) / 30.13*365
=5.6855 / 30.13*365
=68.88

IMS Group Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (4.088 + 4.686) / 2 ) / 13.601*365 / 2
=4.387 / 13.601*365 / 2
=58.87

* 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 58.87 mean?
IMS Group Holdings (HKSE:08136) has a Days Payable of 58.87 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IMS Group Holdings and its competitors. This is 12% below median its historical median of 67.11. Over the past decade, IMS Group Holdings' Days Payable has ranged from 11.66 to 93.26. According to the industry distribution chart, IMS Group Holdings ranks #1954 out of 2991 companies in the Industrial Products industry, placing it in the top 65.3%.
Is IMS Group Holdings' Days Payable too high?
IMS Group Holdings' current Days Payable of 58.87 is 12% below median its 10-year median of 67.11. Over the past 10 years, this metric has ranged from a low of 11.66 to a high of 93.26. The Industrial Products industry median Days Payable is 77.97. IMS Group Holdings' value of 58.87 is 24.5% below this industry median. Based on the distribution chart, IMS Group Holdings ranks #1954 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint.
How does IMS Group Holdings' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, IMS Group Holdings ranks #1954 out of 2991 companies for Days Payable. This places IMS Group Holdings in the lower half of its industry. The industry median Days Payable is 77.97. IMS Group Holdings' value of 58.87 is 24.5% below this benchmark. Historically, IMS Group Holdings' own Days Payable has ranged from 11.66 to 93.26 over the past decade. While the company's 10-year median is 67.11 vs. the industry median of 77.97, IMS Group Holdings has consistently been below 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. IMS Group Holdings's current Days Payable of 58.87 is 24.5% below 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 IMS Group Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMS Group Holdings's current Days Payable is 58.87, which is 12% below median its own 10-year median of 67.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IMS Group Holdings (HKSE:08136) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.04 — trading 23.3% above its estimated fair value. The current Days Payable is 58.87, which is 12% below median its 10-year median of 67.11 and 24.5% below the Industrial Products industry median of 77.97. 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 IMS Group Holdings (HKSE:08136), the current Days Payable is 58.87 as of Sep. 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.

IMS Group Holdings Business Description

Address 8 Watson Road, Unit 1201, 12th Floor, Block C, Seaview Estate, North Point, Hong Kong, HKG
IMS Group Holdings Ltd is engaged in the sale of light-emitting diode (LED) lighting fixtures and visual-audio systems, the provision of integrated LED lighting solution services, project consultancy, LED lighting system maintenance services, the sale of 3D printing materials, and the provision of 3D printing services. Geographically, it operates in Hong Kong, the PRC, Asia, Europe, and Others, with the majority of the revenue deriving from the PRC.