Echo International Holdings Group (HKSE:08218) Days Payable: 28.22 (As of Mar. 2026) — 11% Above Median

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HKSE:08218 Echo International Holdings Group Ltd HKSE:08218
37 GF Score
Price HK$0.10
GF Value HK$0.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Echo International Holdings Group Days Payable?

Echo International Holdings Group HKSE:08218 37 Days Payable is 28.22 as of Mar. 2026, which is 11% above its 10-year median of 25.53. GuruFocus rates HKSE:08218 with a GF Score™ of 37/100 and a GF Value™ of HK$0.08 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,439 Hardware companies, Echo International Holdings Group ranks worse than 84.83% on this metric.

Echo International Holdings Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$2.83 Mil. Echo International Holdings Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$18.29 Mil. Hence, Echo International Holdings Group's Days Payable for the six months ended in Mar. 2026 was 28.22.

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

HKSE:08218' s Days Payable Range Over the Past 10 Years
Min: 17.31   Med: 25.53   Max: 40.94
Current: 32.36

During the past 13 years, Echo International Holdings Group's highest Days Payable was 40.94. The lowest was 17.31. And the median was 25.53.

HKSE:08218's Days Payable is ranked worse than
84.83% of 2439 companies
in the Hardware industry
Industry Median: 69.94 vs HKSE:08218: 32.36

Echo International Holdings Group's Days Payable declined from Mar. 2025 (35.75) to Mar. 2026 (28.22). It may suggest that Echo International Holdings Group accelerated paying its suppliers.


Echo International Holdings Group Days Payable Related Terms


Echo International Holdings Group Days Payable Historical Data

* Premium members only.

The historical data trend for Echo International Holdings Group'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.

Echo International Holdings Group Days Payable Chart

Echo International Holdings Group 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 17.31 22.27 24.71 30.46 39.06

Echo International Holdings Group Semi-Annual Data
Sep16 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 24.83 30.96 35.75 30.11 28.22

HKSE:08218 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Echo International Holdings Group'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.


Echo International Holdings Group Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Echo International Holdings Group's Days Payable distribution charts can be found below:

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


HKSE:08218
37GF Score
Echo International Holdings Group Ltd HKSE:08218
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Echo International Holdings Group 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.

Echo International Holdings Group'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
=( (2.733 + 4.017) / 2 ) / 31.534*365
=3.375 / 31.534*365
=39.06

Echo International Holdings Group'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
=( (1.638 + 4.017) / 2 ) / 18.287*365 / 2
=2.8275 / 18.287*365 / 2
=28.22

* 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 28.22 mean?
Echo International Holdings Group (HKSE:08218) has a Days Payable of 28.22 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 Echo International Holdings Group and its competitors. This is 11% above median its historical median of 25.53. Over the past decade, Echo International Holdings Group's Days Payable has ranged from 17.31 to 40.94. According to the industry distribution chart, Echo International Holdings Group ranks #2069 out of 2439 companies in the Hardware industry, placing it in the top 84.8%.
Is Echo International Holdings Group's Days Payable too high?
Echo International Holdings Group's current Days Payable of 28.22 is 11% above median its 10-year median of 25.53. Over the past 10 years, this metric has ranged from a low of 17.31 to a high of 40.94. The Hardware industry median Days Payable is 69.94. Echo International Holdings Group's value of 28.22 is 59.7% below this industry median. Based on the distribution chart, Echo International Holdings Group ranks #2069 out of 2439 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Echo International Holdings Group has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Echo International Holdings Group's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Echo International Holdings Group ranks #2069 out of 2439 companies for Days Payable. This places Echo International Holdings Group in the lower half of its industry. The industry median Days Payable is 69.94. Echo International Holdings Group's value of 28.22 is 59.7% below this benchmark. Historically, Echo International Holdings Group's own Days Payable has ranged from 17.31 to 40.94 over the past decade. While the company's 10-year median is 25.53 vs. the industry median of 69.94, Echo International Holdings Group 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 a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,439 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. Echo International Holdings Group's current Days Payable of 28.22 is 59.7% 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 Echo International Holdings Group and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Echo International Holdings Group's current Days Payable is 28.22, which is 11% above median its own 10-year median of 25.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo International Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Echo International Holdings Group (HKSE:08218) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.10 — trading 28.8% above its estimated fair value. The current Days Payable is 28.22, which is 11% above median its 10-year median of 25.53 and 59.7% below the Hardware industry median of 69.94. Echo International Holdings Group's overall GF Score™ is 37/100 with 5 warning signs to review. 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 Echo International Holdings Group (HKSE:08218), the current Days Payable is 28.22 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.

Is Echo International Holdings Group (HKSE:08218) Overvalued in 2026?

Based on GuruFocus' analysis, Echo International Holdings Group stock appears to be overvalued. The current stock price of HK$0.10 is trading 28.8% above its estimated GF Value™ of HK$0.08. GuruFocus considers Echo International Holdings Group to be Modestly Overvalued.

Key valuation signals for HKSE:08218:

  • Days Payable: 28.22 (11% above median its 10-year median of 25.53)
  • GF Value™: HK$0.08 vs. price of HK$0.10 (28.8% above fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 59.7% below the Hardware median (#2069 of 2439)

No single metric tells the full story. See the HKSE:08218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Echo International Holdings Group Business Description

Address 9 Hoi Shing Road, Room 3207A, 32nd Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Echo International Holdings Group Ltd is an investment holding company. Its operating segments include trading of electronic products, manufacturing and trading of electronic products and accessories, provision of food catering services, and trading of timepieces. The company generates the majority of its revenue from the sale of electronic products and accessories. The Group also provides one-stop complete electronic product manufacturing and assembly services, including products such as security alarms, buzzers, fire alarms, massage toners, fishing indicators, and communicators. It operates in Hong Kong, Asian countries, European countries, North and South America, Australia, and other regions, with the majority of revenue derived from European countries.
37GF Score

Get the complete analysis for HKSE:08218

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.10
Price
HK$0.08
GF Value