E Lighting Group Holdings (HKSE:08222) Days Payable: 40.20 (As of Mar. 2026) — Near Median

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What is E Lighting Group Holdings Days Payable?

E Lighting Group Holdings HKSE:08222 +1.82% Days Payable is 40.20 as of Mar. 2026, which is 5% above its 10-year median of 38.28. The stock has 4 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, E Lighting Group Holdings ranks worse than 74.82% on this metric.

E Lighting Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$3.98 Mil. E Lighting Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$18.09 Mil. Hence, E Lighting Group Holdings's Days Payable for the six months ended in Mar. 2026 was 40.20.

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

HKSE:08222' s Days Payable Range Over the Past 10 Years
Min: 26.44   Med: 38.28   Max: 48.17
Current: 40.02

During the past 13 years, E Lighting Group Holdings's highest Days Payable was 48.17. The lowest was 26.44. And the median was 38.28.

HKSE:08222's Days Payable is ranked worse than
74.82% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64 vs HKSE:08222: 40.02

E Lighting Group Holdings's Days Payable declined from Mar. 2025 (40.31) to Mar. 2026 (40.20). It may suggest that E Lighting Group Holdings accelerated paying its suppliers.


E Lighting Group Holdings Days Payable Historical Data

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The historical data trend for E Lighting 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.

E Lighting Group Holdings Days Payable Chart

E Lighting 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 35.35 26.44 31.74 36.69 37.84

E Lighting Group Holdings 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 42.81 41.78 40.31 42.10 40.20

HKSE:08222 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, E Lighting 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.


E Lighting Group Holdings Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, E Lighting Group Holdings's Days Payable distribution charts can be found below:

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



E Lighting 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.

E Lighting Group Holdings'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
=( (3.387 + 3.772) / 2 ) / 34.523*365
=3.5795 / 34.523*365
=37.84

E Lighting Group Holdings'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
=( (4.196 + 3.772) / 2 ) / 18.086*365 / 2
=3.984 / 18.086*365 / 2
=40.20

* 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 40.20 mean?
E Lighting Group Holdings (HKSE:08222) has a Days Payable of 40.20 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 E Lighting Group Holdings and its competitors. This is near median its historical median of 38.28. Over the past decade, E Lighting Group Holdings' Days Payable has ranged from 26.44 to 48.17. According to the industry distribution chart, E Lighting Group Holdings ranks #312 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 74.8%.
Is E Lighting Group Holdings' Days Payable too high?
E Lighting Group Holdings' current Days Payable of 40.20 is near median its 10-year median of 38.28. Over the past 10 years, this metric has ranged from a low of 26.44 to a high of 48.17. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.00. E Lighting Group Holdings' value of 40.20 is 37.2% below this industry median. Based on the distribution chart, E Lighting Group Holdings ranks #312 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint.
How does E Lighting Group Holdings' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, E Lighting Group Holdings ranks #312 out of 417 companies for Days Payable. This places E Lighting Group Holdings in the lower half of its industry. The industry median Days Payable is 64.00. E Lighting Group Holdings' value of 40.20 is 37.2% below this benchmark. Historically, E Lighting Group Holdings' own Days Payable has ranged from 26.44 to 48.17 over the past decade. While the company's 10-year median is 38.28 vs. the industry median of 64.00, E Lighting 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 a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.00, based on 417 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. E Lighting Group Holdings's current Days Payable of 40.20 is 37.2% 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 E Lighting Group Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Lighting Group Holdings's current Days Payable is 40.20, which is near median its own 10-year median of 38.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Lighting Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Lighting Group Holdings (HKSE:08222) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.06 — trading 40% above its estimated fair value. The current Days Payable is 40.20, which is near median its 10-year median of 38.28 and 37.2% below the Furnishings, Fixtures & Appliances industry median of 64.00. 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 E Lighting Group Holdings (HKSE:08222), the current Days Payable is 40.20 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.

E Lighting Group Holdings Business Description

Address 199 Wanchai Road, 10th Floor, Tiffan Tower, Wanchai, Hong Kong, HKG
E Lighting Group Holdings Ltd is an investment holding company. The group is engaged in retail chain business in lighting, designer label furniture, and household products, and wholesale of tableware and giftware. It is organized into two main reportable segments, the Lighting and furniture business, and tableware, giftware, and other businesses. The company derives the majority of its revenue from the Lighting and furniture business segment.