Zhongshi Minan Holdings (HKSE:08283) Days Payable: 73.27 (As of Dec. 2025) — 46% Above Median

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HKSE:08283 Zhongshi Minan Holdings Ltd HKSE:08283
52 GF Score
Price HK$0.15
GF Value HK$1.46
Valuation Possible Value Trap
! 6 Warning Signs
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What is Zhongshi Minan Holdings Days Payable?

Zhongshi Minan Holdings HKSE:08283 +4.83% 52 Days Payable is 73.27 as of Dec. 2025, which is 46% above its 10-year median of 50.32. GuruFocus rates HKSE:08283 with a GF Score™ of 52/100 and a GF Value™ of HK$1.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Zhongshi Minan Holdings ranks better than 52.94% on this metric.

Zhongshi Minan Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$10.6 Mil. Zhongshi Minan Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$26.4 Mil. Hence, Zhongshi Minan Holdings's Days Payable for the six months ended in Dec. 2025 was 73.27.

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

HKSE:08283' s Days Payable Range Over the Past 10 Years
Min: 28.01   Med: 50.32   Max: 101.18
Current: 69.83

During the past 12 years, Zhongshi Minan Holdings's highest Days Payable was 101.18. The lowest was 28.01. And the median was 50.32.

HKSE:08283's Days Payable is ranked better than
52.94% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 66.65 vs HKSE:08283: 69.83

Zhongshi Minan Holdings's Days Payable increased from Dec. 2024 (68.80) to Dec. 2025 (73.27). It may suggest that Zhongshi Minan Holdings delayed paying its suppliers.


Zhongshi Minan Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Zhongshi Minan 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.

Zhongshi Minan Holdings Days Payable Chart

Zhongshi Minan 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 28.01 28.02 41.32 62.87 76.57

Zhongshi Minan 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 41.71 53.78 68.80 60.66 73.27

HKSE:08283 vs CVNA, PAG, KMX: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Zhongshi Minan 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.


Zhongshi Minan Holdings Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhongshi Minan Holdings's Days Payable distribution charts can be found below:

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


HKSE:08283
52GF Score
Zhongshi Minan Holdings Ltd HKSE:08283
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongshi Minan 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.

Zhongshi Minan 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
=( (10.2 + 12.593) / 2 ) / 54.328*365
=11.3965 / 54.328*365
=76.57

Zhongshi Minan 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
=( (8.629 + 12.593) / 2 ) / 26.428*365 / 2
=10.611 / 26.428*365 / 2
=73.27

* 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 73.27 mean?
Zhongshi Minan Holdings (HKSE:08283) has a Days Payable of 73.27 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 Zhongshi Minan Holdings and its competitors. This is 46% above median its historical median of 50.32. Over the past decade, Zhongshi Minan Holdings' Days Payable has ranged from 28.01 to 101.18. According to the industry distribution chart, Zhongshi Minan Holdings ranks #617 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 47.1%.
Is Zhongshi Minan Holdings' Days Payable too high?
Zhongshi Minan Holdings' current Days Payable of 73.27 is 46% above median its 10-year median of 50.32. Over the past 10 years, this metric has ranged from a low of 28.01 to a high of 101.18. The Vehicles & Parts industry median Days Payable is 66.65. Zhongshi Minan Holdings' value of 73.27 is 9.9% above this industry median. Based on the distribution chart, Zhongshi Minan Holdings ranks #617 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhongshi Minan Holdings has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhongshi Minan Holdings' Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zhongshi Minan Holdings ranks #617 out of 1311 companies for Days Payable. This puts Zhongshi Minan Holdings in the upper half of its industry. The industry median Days Payable is 66.65. Zhongshi Minan Holdings' value of 73.27 is 9.9% above this benchmark. Historically, Zhongshi Minan Holdings' own Days Payable has ranged from 28.01 to 101.18 over the past decade. While the company's 10-year median is 50.32 vs. the industry median of 66.65, Zhongshi Minan 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.65, based on 1,311 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. Zhongshi Minan Holdings's current Days Payable of 73.27 is 9.9% 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 Zhongshi Minan Holdings and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongshi Minan Holdings's current Days Payable is 73.27, which is 46% above median its own 10-year median of 50.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongshi Minan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zhongshi Minan Holdings (HKSE:08283) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.46, compared to a current price of HK$0.15 — trading 89.6% below its estimated fair value. The current Days Payable is 73.27, which is 46% above median its 10-year median of 50.32 and 9.9% above the Vehicles & Parts industry median of 66.65. Zhongshi Minan Holdings' overall GF Score™ is 52/100 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 Zhongshi Minan Holdings (HKSE:08283), the current Days Payable is 73.27 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.

Is Zhongshi Minan Holdings (HKSE:08283) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongshi Minan Holdings stock appears to be undervalued. The current stock price of HK$0.15 is trading 89.6% below its estimated GF Value™ of HK$1.46. GuruFocus considers Zhongshi Minan Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08283:

  • Days Payable: 73.27 (46% above median its 10-year median of 50.32)
  • GF Value™: HK$1.46 vs. price of HK$0.15 (89.6% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 9.9% above the Vehicles & Parts median (#617 of 1311)

No single metric tells the full story. See the HKSE:08283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongshi Minan Holdings Business Description

Address 160 Sin Ming Drive, No. 06-02 Sin Ming Autocity, Singapore, SGP, 575722
Zhongshi Minan Holdings Ltd is an automotive service provider. The company's operating segments are Maintenance and repair service segment that relates to the repair of manufacturer's defects, replacement of parts due to wear and tear, or repair of damage resulting from accidents; Modification tuning and grooming services and trading of spare parts and accessories segment which relates to the modification, tuning, and grooming of the performance or appearance of passenger cars and the trading of spare parts and accessories; The development, manufacturing and sale of food and kitchen appliances and brand management services segment; and others segment which consists of the provision of motor finance services. Geographically, it derives maximum revenue from Singapore.
52GF Score

Get the complete analysis for HKSE:08283

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

HK$0.15
Price
HK$1.46
GF Value