Zhejiang United Investment Holdings Group (HKSE:08366) Days Payable: 46.51 (As of Oct. 2025) — Near Median

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What is Zhejiang United Investment Holdings Group Days Payable?

Zhejiang United Investment Holdings Group HKSE:08366 Days Payable is 46.51 as of Oct. 2025, which is 7% below its 10-year median of 49.81. The stock has 4 warning signs investors should review. Among 1,713 Construction companies, Zhejiang United Investment Holdings Group ranks worse than 78.75% on this metric.

Zhejiang United Investment Holdings Group's average Accounts Payable for the six months ended in Oct. 2025 was HK$18.9 Mil. Zhejiang United Investment Holdings Group's Cost of Goods Sold for the six months ended in Oct. 2025 was HK$74.3 Mil. Hence, Zhejiang United Investment Holdings Group's Days Payable for the six months ended in Oct. 2025 was 46.51.

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

HKSE:08366' s Days Payable Range Over the Past 10 Years
Min: 4.1   Med: 49.81   Max: 90.51
Current: 41.72

During the past 11 years, Zhejiang United Investment Holdings Group's highest Days Payable was 90.51. The lowest was 4.10. And the median was 49.81.

HKSE:08366's Days Payable is ranked worse than
78.75% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs HKSE:08366: 41.72

Zhejiang United Investment Holdings Group's Days Payable increased from Oct. 2024 (33.97) to Oct. 2025 (46.51). It may suggest that Zhejiang United Investment Holdings Group delayed paying its suppliers.


Zhejiang United Investment Holdings Group Days Payable Related Terms


Zhejiang United Investment Holdings Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang United Investment Holdings Group'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.

Zhejiang United Investment Holdings Group Days Payable Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.51 60.17 57.42 43.82 37.26

Zhejiang United Investment Holdings Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 50.07 36.70 33.97 40.79 46.51

HKSE:08366 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Zhejiang United Investment Holdings Group'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.


Zhejiang United Investment Holdings Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Zhejiang United Investment Holdings Group's Days Payable distribution charts can be found below:

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



Zhejiang United Investment Holdings Group 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.

Zhejiang United Investment Holdings Group's Days Payable for the fiscal year that ended in Apr. 2025 is calculated as

Days Payable (A: Apr. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2024 ) + Accounts Payable (A: Apr. 2025 )) / count ) / Cost of Goods Sold (A: Apr. 2025 )*Days in Period
=( (31.445 + 24.464) / 2 ) / 273.827*365
=27.9545 / 273.827*365
=37.26

Zhejiang United Investment Holdings Group's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (24.464 + 13.405) / 2 ) / 74.299*365 / 2
=18.9345 / 74.299*365 / 2
=46.51

* 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 46.51 mean?
Zhejiang United Investment Holdings Group (HKSE:08366) has a Days Payable of 46.51 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang United Investment Holdings Group and its competitors. This is near median its historical median of 49.81. Over the past decade, Zhejiang United Investment Holdings Group's Days Payable has ranged from 4.10 to 90.51. According to the industry distribution chart, Zhejiang United Investment Holdings Group ranks #1349 out of 1713 companies in the Construction industry, placing it in the top 78.8%.
Is Zhejiang United Investment Holdings Group's Days Payable too high?
Zhejiang United Investment Holdings Group's current Days Payable of 46.51 is near median its 10-year median of 49.81. Over the past 10 years, this metric has ranged from a low of 4.10 to a high of 90.51. The Construction industry median Days Payable is 76.49. Zhejiang United Investment Holdings Group's value of 46.51 is 39.2% below this industry median. Based on the distribution chart, Zhejiang United Investment Holdings Group ranks #1349 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Zhejiang United Investment Holdings Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zhejiang United Investment Holdings Group ranks #1349 out of 1713 companies for Days Payable. This places Zhejiang United Investment Holdings Group in the lower half of its industry. The industry median Days Payable is 76.49. Zhejiang United Investment Holdings Group's value of 46.51 is 39.2% below this benchmark. Historically, Zhejiang United Investment Holdings Group's own Days Payable has ranged from 4.10 to 90.51 over the past decade. While the company's 10-year median is 49.81 vs. the industry median of 76.49, Zhejiang United Investment Holdings Group 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Zhejiang United Investment Holdings Group's current Days Payable of 46.51 is 39.2% 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 Zhejiang United Investment Holdings Group and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang United Investment Holdings Group's current Days Payable is 46.51, which is near median its own 10-year median of 49.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang United Investment Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang United Investment Holdings Group (HKSE:08366) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 15% above its estimated fair value. The current Days Payable is 46.51, which is near median its 10-year median of 49.81 and 39.2% below the Construction industry median of 76.49. 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 Zhejiang United Investment Holdings Group (HKSE:08366), the current Days Payable is 46.51 as of Oct. 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.

Zhejiang United Investment Holdings Group Business Description

Address 489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.