Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Man Shing Global HoldingsHKSE:08309 Days Payable is 12.02 as of Mar. 2026, which is 70% above its 10-year median of 7.06. The stock has 5 warning signs investors should review. Among 230 Waste Management companies, Man Shing Global Holdings ranks worse than 90.43% on this metric.
* 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.
HKSE:08309 vs WM, RSG, WCN: Days Payable Comparison
For the Waste Management subindustry, Man Shing Global 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.
Man Shing Global Holdings Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, Man Shing Global Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Man Shing Global Holdings's Days Payable falls into.
Man Shing Global 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.
Man Shing Global Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Man Shing Global Holdings (HKSE:08309) has a Days Payable of 12.02 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 Man Shing Global Holdings and its competitors. This is 70% above median its historical median of 7.06. Over the past decade, Man Shing Global Holdings' Days Payable has ranged from 4.38 to 13.14. According to the industry distribution chart, Man Shing Global Holdings ranks #208 out of 230 companies in the Waste Management industry, placing it in the top 90.4%.
Is Man Shing Global Holdings' Days Payable too high?
Man Shing Global Holdings' current Days Payable of 12.02 is 70% above median its 10-year median of 7.06. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 13.14. The Waste Management industry median Days Payable is 64.30. Man Shing Global Holdings' value of 12.02 is 81.3% below this industry median. Based on the distribution chart, Man Shing Global Holdings ranks #208 out of 230 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Man Shing Global Holdings' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Man Shing Global Holdings ranks #208 out of 230 companies for Days Payable. This places Man Shing Global Holdings in the lower half of its industry. The industry median Days Payable is 64.30. Man Shing Global Holdings' value of 12.02 is 81.3% below this benchmark. Historically, Man Shing Global Holdings' own Days Payable has ranged from 4.38 to 13.14 over the past decade. While the company's 10-year median is 7.06 vs. the industry median of 64.30, Man Shing Global 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.30, based on 230 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. Man Shing Global Holdings's current Days Payable of 12.02 is 81.3% 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 Man Shing Global Holdings and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current Days Payable is 12.02, which is 70% above median its own 10-year median of 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current Days Payable is 12.02, which is 70% above median its 10-year median of 7.06 and 81.3% below the Waste Management industry median of 64.30. 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 Man Shing Global Holdings (HKSE:08309), the current Days Payable is 12.02 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.
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08309 has been successfully added to your 
