Steed Oriental (Holdings) Co (HKSE:08277) Days Payable: 53.36 (As of Mar. 2026) — 24% Above Median

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What is Steed Oriental (Holdings) Co Days Payable?

Steed Oriental (Holdings) Co HKSE:08277 Days Payable is 53.36 as of Mar. 2026, which is 24% above its 10-year median of 43.15. The stock has 5 warning signs investors should review. Among 275 Forest Products companies, Steed Oriental (Holdings) Co ranks worse than 56.36% on this metric.

Steed Oriental (Holdings) Co's average Accounts Payable for the six months ended in Mar. 2026 was HK$1.71 Mil. Steed Oriental (Holdings) Co's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$5.84 Mil. Hence, Steed Oriental (Holdings) Co's Days Payable for the six months ended in Mar. 2026 was 53.36.

The historical rank and industry rank for Steed Oriental (Holdings) Co's Days Payable or its related term are showing as below:

HKSE:08277' s Days Payable Range Over the Past 10 Years
Min: 18.16   Med: 43.15   Max: 102.28
Current: 51.82

During the past 13 years, Steed Oriental (Holdings) Co's highest Days Payable was 102.28. The lowest was 18.16. And the median was 43.15.

HKSE:08277's Days Payable is ranked worse than
56.36% of 275 companies
in the Forest Products industry
Industry Median: 57.95 vs HKSE:08277: 51.82

Steed Oriental (Holdings) Co's Days Payable declined from Mar. 2025 (56.79) to Mar. 2026 (53.36). It may suggest that Steed Oriental (Holdings) Co accelerated paying its suppliers.


Steed Oriental (Holdings) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Steed Oriental (Holdings) Co'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.

Steed Oriental (Holdings) Co Days Payable Chart

Steed Oriental (Holdings) Co 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 49.25 86.58 18.16 41.73 59.10

Steed Oriental (Holdings) Co 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 22.38 44.49 56.79 43.09 53.36

HKSE:08277 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Steed Oriental (Holdings) Co'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.


Steed Oriental (Holdings) Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Steed Oriental (Holdings) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Steed Oriental (Holdings) Co's Days Payable falls into.



Steed Oriental (Holdings) Co 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.

Steed Oriental (Holdings) Co'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
=( (1.606 + 2.211) / 2 ) / 11.786*365
=1.9085 / 11.786*365
=59.10

Steed Oriental (Holdings) Co'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
=( (1.203 + 2.211) / 2 ) / 5.838*365 / 2
=1.707 / 5.838*365 / 2
=53.36

* 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 53.36 mean?
Steed Oriental (Holdings) Co (HKSE:08277) has a Days Payable of 53.36 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 Steed Oriental (Holdings) Co and its competitors. This is 24% above median its historical median of 43.15. Over the past decade, Steed Oriental (Holdings) Co's Days Payable has ranged from 18.16 to 102.28. According to the industry distribution chart, Steed Oriental (Holdings) Co ranks #155 out of 275 companies in the Forest Products industry, placing it in the top 56.4%.
Is Steed Oriental (Holdings) Co's Days Payable too high?
Steed Oriental (Holdings) Co's current Days Payable of 53.36 is 24% above median its 10-year median of 43.15. Over the past 10 years, this metric has ranged from a low of 18.16 to a high of 102.28. The Forest Products industry median Days Payable is 57.95. Steed Oriental (Holdings) Co's value of 53.36 is 7.9% below this industry median. Based on the distribution chart, Steed Oriental (Holdings) Co ranks #155 out of 275 companies in the Forest Products industry, which is below the industry midpoint.
How does Steed Oriental (Holdings) Co's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Steed Oriental (Holdings) Co ranks #155 out of 275 companies for Days Payable. This places Steed Oriental (Holdings) Co in the lower half of its industry. The industry median Days Payable is 57.95. Steed Oriental (Holdings) Co's value of 53.36 is 7.9% below this benchmark. Historically, Steed Oriental (Holdings) Co's own Days Payable has ranged from 18.16 to 102.28 over the past decade. While the company's 10-year median is 43.15 vs. the industry median of 57.95, Steed Oriental (Holdings) Co 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.95, based on 275 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. Steed Oriental (Holdings) Co's current Days Payable of 53.36 is 7.9% 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 Steed Oriental (Holdings) Co and its competitors. For the Forest Products industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steed Oriental (Holdings) Co's current Days Payable is 53.36, which is 24% above median its own 10-year median of 43.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steed Oriental (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, Steed Oriental (Holdings) Co (HKSE:08277) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.09 — trading 12.5% above its estimated fair value. The current Days Payable is 53.36, which is 24% above median its 10-year median of 43.15 and 7.9% below the Forest Products industry median of 57.95. 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 Steed Oriental (Holdings) Co (HKSE:08277), the current Days Payable is 53.36 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.

Steed Oriental (Holdings) Co Business Description

Address 255 King’s Road, Room 1311, 13th Floor, Olympia Plaza, North Point, Hong Kong, HKG
Steed Oriental (Holdings) Co Ltd is an investment holding company. The company is engaged in the sourcing, manufacturing, and sale of wooden products such as wooden structural components, wooden doors and windows and wooden furniture. It generates revenue from sourcing, manufacturing and sale of wooden products. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.