China United Venture Investment (HKSE:08159) Days Payable: 141.59 (As of Mar. 2026) — 93% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is China United Venture Investment Days Payable?

China United Venture Investment HKSE:08159 Days Payable is 141.59 as of Mar. 2026, which is 93% above its 10-year median of 73.39. The stock has 9 warning signs investors should review. Among 2,440 Hardware companies, China United Venture Investment ranks better than 78.57% on this metric.

China United Venture Investment's average Accounts Payable for the six months ended in Mar. 2026 was HK$42.0 Mil. China United Venture Investment's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$54.1 Mil. Hence, China United Venture Investment's Days Payable for the six months ended in Mar. 2026 was 141.59.

The historical rank and industry rank for China United Venture Investment's Days Payable or its related term are showing as below:

HKSE:08159' s Days Payable Range Over the Past 10 Years
Min: 60.93   Med: 73.39   Max: 135.55
Current: 128.97

During the past 13 years, China United Venture Investment's highest Days Payable was 135.55. The lowest was 60.93. And the median was 73.39.

HKSE:08159's Days Payable is ranked better than
78.57% of 2440 companies
in the Hardware industry
Industry Median: 69.56 vs HKSE:08159: 128.97

China United Venture Investment's Days Payable increased from Mar. 2025 (106.27) to Mar. 2026 (141.59). It may suggest that China United Venture Investment delayed paying its suppliers.


China United Venture Investment Days Payable Related Terms


China United Venture Investment Days Payable Historical Data

* Premium members only.

The historical data trend for China United Venture Investment'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.

China United Venture Investment Days Payable Chart

China United Venture Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.03 101.63 70.42 73.02 135.55

China United Venture Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 34.70 127.03 106.27 110.68 141.59

HKSE:08159 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, China United Venture Investment'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.


China United Venture Investment Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, China United Venture Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where China United Venture Investment's Days Payable falls into.



China United Venture Investment 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.

China United Venture Investment'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
=( (34.177 + 48.575) / 2 ) / 111.412*365
=41.376 / 111.412*365
=135.55

China United Venture Investment'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
=( (35.351 + 48.575) / 2 ) / 54.088*365 / 2
=41.963 / 54.088*365 / 2
=141.59

* 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 141.59 mean?
China United Venture Investment (HKSE:08159) has a Days Payable of 141.59 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 China United Venture Investment and its competitors. This is 93% above median its historical median of 73.39. Over the past decade, China United Venture Investment's Days Payable has ranged from 60.93 to 135.55. According to the industry distribution chart, China United Venture Investment ranks #523 out of 2440 companies in the Hardware industry, placing it in the top 21.4%.
Is China United Venture Investment's Days Payable too high?
China United Venture Investment's current Days Payable of 141.59 is 93% above median its 10-year median of 73.39. Over the past 10 years, this metric has ranged from a low of 60.93 to a high of 135.55. The Hardware industry median Days Payable is 69.56. China United Venture Investment's value of 141.59 is 103.6% above this industry median. Based on the distribution chart, China United Venture Investment ranks #523 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does China United Venture Investment's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, China United Venture Investment ranks #523 out of 2440 companies for Days Payable. This places China United Venture Investment in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.56. China United Venture Investment's value of 141.59 is 103.6% above this benchmark. Historically, China United Venture Investment's own Days Payable has ranged from 60.93 to 135.55 over the past decade. While the company's 10-year median is 73.39 vs. the industry median of 69.56, China United Venture Investment 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 Hardware company?
The median Days Payable among Hardware companies is 69.56, based on 2,440 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. China United Venture Investment's current Days Payable of 141.59 is 103.6% 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 China United Venture Investment and its competitors. For the Hardware industry, the median Days Payable is 69.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China United Venture Investment's current Days Payable is 141.59, which is 93% above median its own 10-year median of 73.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China United Venture Investment stock overvalued right now?
Based on GuruFocus' analysis, China United Venture Investment (HKSE:08159) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.04 — trading 20% below its estimated fair value. The current Days Payable is 141.59, which is 93% above median its 10-year median of 73.39 and 103.6% above the Hardware industry median of 69.56. 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 China United Venture Investment (HKSE:08159), the current Days Payable is 141.59 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.

China United Venture Investment Business Description

Address 48-62 Hennessy Road, Shanghai Industrial Investment Building, Room No. 2301-02, 23rd Floor, Wan Chai, HKG
China United Venture Investment Ltd is engaged in the Electronics Business and the Architectural Design Business. The products are Lightning, USB HUB, Card Reader, HDMI / DP, Docking, Dongle, Adapter, and others. The company's segment includes the Connectivity products segment and the Contracts of comprehensive architectural services. The majority of the firm's revenue is derived from the Connectivity Products segment.