Hanvey Group Holdings (HKSE:08219) Days Payable: 87.27 (As of Jun. 2026) — 52% Below Median

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HKSE:08219 Hanvey Group Holdings Ltd HKSE:08219
40 GF Score
Price HK$0.58
GF Value HK$0.17
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hanvey Group Holdings Days Payable?

Hanvey Group Holdings HKSE:08219 -8.00% 40 Days Payable is 87.27 as of Jun. 2026, which is 52% below its 10-year median of 180.81. GuruFocus rates HKSE:08219 with a GF Score™ of 40/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,104 Retail - Cyclical companies, Hanvey Group Holdings ranks better than 88.5% on this metric.

Hanvey Group Holdings's average Accounts Payable for the six months ended in Jun. 2026 was HK$58.9 Mil. Hanvey Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$61.6 Mil. Hence, Hanvey Group Holdings's Days Payable for the six months ended in Jun. 2026 was 174.53.

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

HKSE:08219' s Days Payable Range Over the Past 10 Years
Min: 130.18   Med: 180.81   Max: 226.23
Current: 156.51

During the past 10 years, Hanvey Group Holdings's highest Days Payable was 226.23. The lowest was 130.18. And the median was 180.81.

HKSE:08219's Days Payable is ranked better than
88.5% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 50.37 vs HKSE:08219: 156.51

Hanvey Group Holdings's Days Payable declined from Jun. 2025 (126.72) to Jun. 2026 (87.27). It may suggest that Hanvey Group Holdings accelerated paying its suppliers.


Hanvey Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Hanvey 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.

Hanvey Group Holdings Days Payable Chart

Hanvey Group 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 143.24 130.18 187.20 194.11 182.08

Hanvey Group Holdings Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 128.05 69.44 126.72 67.14 87.27

HKSE:08219 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Hanvey 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.


Hanvey Group Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hanvey Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:08219
40GF Score
Hanvey Group Holdings Ltd HKSE:08219
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanvey 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.

Hanvey Group 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
=( (51.415 + 50.97) / 2 ) / 102.619*365
=51.1925 / 102.619*365
=182.08

Hanvey Group Holdings's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (50.97 + 66.805) / 2 ) / 61.576*365 / 2
=58.8875 / 61.576*365 / 2
=174.53

* 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 87.27 mean?
Hanvey Group Holdings (HKSE:08219) has a Days Payable of 87.27 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hanvey Group Holdings and its competitors. This is 52% below median its historical median of 180.81. Over the past decade, Hanvey Group Holdings' Days Payable has ranged from 130.18 to 226.23. According to the industry distribution chart, Hanvey Group Holdings ranks #127 out of 1104 companies in the Retail - Cyclical industry, placing it in the top 11.5%.
Is Hanvey Group Holdings' Days Payable too high?
Hanvey Group Holdings' current Days Payable of 87.27 is 52% below median its 10-year median of 180.81. Over the past 10 years, this metric has ranged from a low of 130.18 to a high of 226.23. The Retail - Cyclical industry median Days Payable is 50.37. Hanvey Group Holdings' value of 87.27 is 73.3% above this industry median. Based on the distribution chart, Hanvey Group Holdings ranks #127 out of 1104 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Hanvey Group Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanvey Group Holdings' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Hanvey Group Holdings ranks #127 out of 1104 companies for Days Payable. This places Hanvey Group Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.37. Hanvey Group Holdings' value of 87.27 is 73.3% above this benchmark. Historically, Hanvey Group Holdings' own Days Payable has ranged from 130.18 to 226.23 over the past decade. While the company's 10-year median is 180.81 vs. the industry median of 50.37, Hanvey Group 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.37, based on 1,104 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. Hanvey Group Holdings's current Days Payable of 87.27 is 73.3% 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 Hanvey Group Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanvey Group Holdings's current Days Payable is 87.27, which is 52% below median its own 10-year median of 180.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanvey Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hanvey Group Holdings (HKSE:08219) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.58 — trading 238.2% above its estimated fair value. The current Days Payable is 87.27, which is 52% below median its 10-year median of 180.81 and 73.3% above the Retail - Cyclical industry median of 50.37. Hanvey Group Holdings' overall GF Score™ is 40/100 with 6 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 Hanvey Group Holdings (HKSE:08219), the current Days Payable is 87.27 as of Jun. 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 Hanvey Group Holdings (HKSE:08219) Overvalued in 2026?

Based on GuruFocus' analysis, Hanvey Group Holdings stock appears to be overvalued. The current stock price of HK$0.58 is trading 238.2% above its estimated GF Value™ of HK$0.17. GuruFocus considers Hanvey Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08219:

  • Days Payable: 87.27 (52% below median its 10-year median of 180.81)
  • GF Value™: HK$0.17 vs. price of HK$0.58 (238.2% above fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 73.3% above the Retail - Cyclical median (#127 of 1104)

No single metric tells the full story. See the HKSE:08219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanvey Group Holdings Business Description

Address No. 88 Container Port Road, Units 3, 5 and 6, 15th Floor, Tower One, Ever Gain Plaza, Kwai Chung, New Territories, Hong Kong, HKG
Hanvey Group Holdings Ltd is engaged in the design, development, manufacture, and distribution of watch products on an original design manufacturing (ODM) basis for watch manufacturers, brand owners, and watch importers across the globe. Its products include female and male, metal and non-metal banded, mechanical, and quartz movement watches to its customers. The group derives revenue mainly from the sale of finished watches, semi-knocked-down kits, which generate the majority of revenue, and watch parts. The Group's revenue is mainly derived from customers located in Indonesia, India, Brazil, Hong Kong, Australia, and Turkey.
40GF Score

Get the complete analysis for HKSE:08219

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

HK$0.58
Price
HK$0.17
GF Value