Kaisun Holdings (HKSE:08203) Days Payable: 3.45 (As of Dec. 2025) — 77% Below Median

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What is Kaisun Holdings Days Payable?

Kaisun Holdings HKSE:08203 Days Payable is 3.45 as of Dec. 2025, which is 77% below its 10-year median of 15.20. The stock has 4 warning signs investors should review. Among 128 Other Energy Sources companies, Kaisun Holdings ranks worse than 96.88% on this metric.

Kaisun Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$11.3 Mil. Kaisun Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$595.5 Mil. Hence, Kaisun Holdings's Days Payable for the six months ended in Dec. 2025 was 3.45.

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

HKSE:08203' s Days Payable Range Over the Past 10 Years
Min: 4.65   Med: 15.2   Max: 79.11
Current: 4.87

During the past 13 years, Kaisun Holdings's highest Days Payable was 79.11. The lowest was 4.65. And the median was 15.20.

HKSE:08203's Days Payable is ranked worse than
96.88% of 128 companies
in the Other Energy Sources industry
Industry Median: 64.945 vs HKSE:08203: 4.87

Kaisun Holdings's Days Payable declined from Dec. 2024 (12.22) to Dec. 2025 (3.45). It may suggest that Kaisun Holdings accelerated paying its suppliers.


Kaisun Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kaisun 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.

Kaisun Holdings Days Payable Chart

Kaisun 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 11.54 19.36 28.43 4.65 4.77

Kaisun 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 45.84 15.15 12.22 7.76 3.45

Kaisun Holdings Days Payable Competitor Comparison

For the Thermal Coal subindustry, Kaisun 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.


Kaisun Holdings Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kaisun Holdings's Days Payable distribution charts can be found below:

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



Kaisun 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.

Kaisun 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
=( (13.638 + 9.979) / 2 ) / 903.186*365
=11.8085 / 903.186*365
=4.77

Kaisun 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
=( (12.538 + 9.979) / 2 ) / 595.532*365 / 2
=11.2585 / 595.532*365 / 2
=3.45

* 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 3.45 mean?
Kaisun Holdings (HKSE:08203) has a Days Payable of 3.45 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 Kaisun Holdings and its competitors. This is 77% below median its historical median of 15.20. Over the past decade, Kaisun Holdings' Days Payable has ranged from 4.65 to 79.11. According to the industry distribution chart, Kaisun Holdings ranks #124 out of 128 companies in the Other Energy Sources industry, placing it in the top 96.9%.
Is Kaisun Holdings' Days Payable too high?
Kaisun Holdings' current Days Payable of 3.45 is 77% below median its 10-year median of 15.20. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 79.11. The Other Energy Sources industry median Days Payable is 64.95. Kaisun Holdings' value of 3.45 is 94.7% below this industry median. Based on the distribution chart, Kaisun Holdings ranks #124 out of 128 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Kaisun Holdings' Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Kaisun Holdings ranks #124 out of 128 companies for Days Payable. This places Kaisun Holdings in the lower half of its industry. The industry median Days Payable is 64.95. Kaisun Holdings' value of 3.45 is 94.7% below this benchmark. Historically, Kaisun Holdings' own Days Payable has ranged from 4.65 to 79.11 over the past decade. While the company's 10-year median is 15.20 vs. the industry median of 64.95, Kaisun 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 Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 64.95, based on 128 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. Kaisun Holdings's current Days Payable of 3.45 is 94.7% 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 Kaisun Holdings and its competitors. For the Other Energy Sources industry, the median Days Payable is 64.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaisun Holdings's current Days Payable is 3.45, which is 77% below median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaisun Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kaisun Holdings (HKSE:08203) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.61, compared to a current price of HK$0.09 — trading 85.1% below its estimated fair value. The current Days Payable is 3.45, which is 77% below median its 10-year median of 15.20 and 94.7% below the Other Energy Sources industry median of 64.95. 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 Kaisun Holdings (HKSE:08203), the current Days Payable is 3.45 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.

Kaisun Holdings Business Description

Address 18-20 Lyndhurst Terrace, Room 1304, 13rd Floor, Car Po Commercial Building, Central, Hong Kong, HKG
Kaisun Holdings Ltd is an investment holding company. The company operates in three segments namely, the Coal Mining business segment, Consulting and Media Service business segment, and the Corporate and Investment business segment. It derives maximum revenue from the Coal Mining segment. Geographically, the company operates in four markets; Hong Kong, the People's Republic of China excluding Hong Kong, and Others. It derives a majority of its revenue from the People's Republic of China.