Zhi Sheng Group Holdings (HKSE:08370) Days Payable: 69.74 (As of Dec. 2025) — 65% Above Median

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HKSE:08370 Zhi Sheng Group Holdings Ltd HKSE:08370
32 GF Score
Price HK$6.84
! 5 Warning Signs
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What is Zhi Sheng Group Holdings Days Payable?

Zhi Sheng Group Holdings HKSE:08370 +1.63% 32 Days Payable is 69.74 as of Dec. 2025, which is 65% above its 10-year median of 42.35. GuruFocus rates HKSE:08370 with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Zhi Sheng Group Holdings ranks better than 62.26% on this metric.

Zhi Sheng Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$16.46 Mil. Zhi Sheng Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$43.06 Mil. Hence, Zhi Sheng Group Holdings's Days Payable for the six months ended in Dec. 2025 was 69.74.

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

HKSE:08370' s Days Payable Range Over the Past 10 Years
Min: 26.5   Med: 42.35   Max: 134.57
Current: 86.43

During the past 12 years, Zhi Sheng Group Holdings's highest Days Payable was 134.57. The lowest was 26.50. And the median was 42.35.

HKSE:08370's Days Payable is ranked better than
62.26% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64 vs HKSE:08370: 86.43

Zhi Sheng Group Holdings's Days Payable declined from Dec. 2024 (79.85) to Dec. 2025 (69.74). It may suggest that Zhi Sheng Group Holdings accelerated paying its suppliers.


Zhi Sheng Group Holdings Days Payable Historical Data

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The historical data trend for Zhi Sheng 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.

Zhi Sheng Group Holdings Days Payable Chart

Zhi Sheng Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.17 0.00 58.28 123.20 90.12

Zhi Sheng Group 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 123.83 135.02 79.85 108.44 69.74

HKSE:08370 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Zhi Sheng 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.


Zhi Sheng Group Holdings Days Payable vs Furnishings, Fixtures & Appliances Industry

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

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


HKSE:08370
32GF Score
Zhi Sheng Group Holdings Ltd HKSE:08370
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhi Sheng 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.

Zhi Sheng Group Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (15.553 + 13.799) / 2 ) / 59.438*365
=14.676 / 59.438*365
=90.12

Zhi Sheng Group 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
=( (13.799 + 19.115) / 2 ) / 43.064*365 / 2
=16.457 / 43.064*365 / 2
=69.74

* 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 69.74 mean?
Zhi Sheng Group Holdings (HKSE:08370) has a Days Payable of 69.74 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 Zhi Sheng Group Holdings and its competitors. This is 65% above median its historical median of 42.35. Over the past decade, Zhi Sheng Group Holdings' Days Payable has ranged from 26.50 to 134.57. According to the industry distribution chart, Zhi Sheng Group Holdings ranks #157 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 37.7%.
Is Zhi Sheng Group Holdings' Days Payable too high?
Zhi Sheng Group Holdings' current Days Payable of 69.74 is 65% above median its 10-year median of 42.35. Over the past 10 years, this metric has ranged from a low of 26.50 to a high of 134.57. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.00. Zhi Sheng Group Holdings' value of 69.74 is 9% above this industry median. Based on the distribution chart, Zhi Sheng Group Holdings ranks #157 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Zhi Sheng Group Holdings has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Zhi Sheng Group Holdings' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zhi Sheng Group Holdings ranks #157 out of 416 companies for Days Payable. This puts Zhi Sheng Group Holdings in the upper half of its industry. The industry median Days Payable is 64.00. Zhi Sheng Group Holdings' value of 69.74 is 9% above this benchmark. Historically, Zhi Sheng Group Holdings' own Days Payable has ranged from 26.50 to 134.57 over the past decade. While the company's 10-year median is 42.35 vs. the industry median of 64.00, Zhi Sheng Group 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.00, based on 416 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. Zhi Sheng Group Holdings's current Days Payable of 69.74 is 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 Zhi Sheng 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. Zhi Sheng Group Holdings's current Days Payable is 69.74, which is 65% above median its own 10-year median of 42.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhi Sheng Group Holdings stock overvalued right now?
Zhi Sheng Group Holdings (HKSE:08370) has a current Days Payable of 69.74. The current Days Payable is 69.74, which is 65% above median its 10-year median of 42.35 and 9% above the Furnishings, Fixtures & Appliances industry median of 64.00. Zhi Sheng Group Holdings' overall GF Score™ is 32/100 with 5 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 Zhi Sheng Group Holdings (HKSE:08370), the current Days Payable is 69.74 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.

Zhi Sheng Group Holdings Business Description

Address 68 Julong Road, A401, Moore Car Hui, Wuhou District, Sichuan Province, Chengdu, CHN
Zhi Sheng Group Holdings Ltd is an investment holding company. It is engaged in the manufacturing and selling of office furniture products. The segments of the group are the furniture segment and the Data centre segment. It generates the majority of its revenue from the Office furniture segment. Geographically, the company generates the majority of its revenue from PRC.
32GF Score

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HK$6.84
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