ZXZN Qi-House Holdings (HKSE:08395) Days Payable: 177.44 (As of Mar. 2026) — 139% Above Median

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HKSE:08395 ZXZN Qi-House Holdings Ltd HKSE:08395
47 GF Score
Price HK$2.15
GF Value HK$1.31
Valuation Significantly Overvalued
! 3 Warning Signs
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What is ZXZN Qi-House Holdings Days Payable?

ZXZN Qi-House Holdings HKSE:08395 -2.94% 47 Days Payable is 177.44 as of Mar. 2026, which is 139% above its 10-year median of 74.16. GuruFocus rates HKSE:08395 with a GF Score™ of 47/100 and a GF Value™ of HK$1.31 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, ZXZN Qi-House Holdings ranks better than 91.92% on this metric.

ZXZN Qi-House Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$56.2 Mil. ZXZN Qi-House Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$57.8 Mil. Hence, ZXZN Qi-House Holdings's Days Payable for the six months ended in Mar. 2026 was 177.44.

The historical rank and industry rank for ZXZN Qi-House Holdings's Days Payable or its related term are showing as below:

HKSE:08395' s Days Payable Range Over the Past 10 Years
Min: 3.22   Med: 74.16   Max: 479.74
Current: 202.15

During the past 12 years, ZXZN Qi-House Holdings's highest Days Payable was 479.74. The lowest was 3.22. And the median was 74.16.

HKSE:08395's Days Payable is ranked better than
91.92% of 1101 companies
in the Retail - Cyclical industry
Industry Median: 50.55 vs HKSE:08395: 202.15

ZXZN Qi-House Holdings's Days Payable declined from Mar. 2025 (506.84) to Mar. 2026 (177.44). It may suggest that ZXZN Qi-House Holdings accelerated paying its suppliers.


ZXZN Qi-House Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for ZXZN Qi-House 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.

ZXZN Qi-House Holdings Days Payable Chart

ZXZN Qi-House Holdings 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 66.83 200.59 418.39 479.74 216.05

ZXZN Qi-House Holdings 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 338.67 458.98 506.84 221.47 177.44

HKSE:08395 vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, ZXZN Qi-House 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.


ZXZN Qi-House Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZXZN Qi-House Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where ZXZN Qi-House Holdings's Days Payable falls into.


HKSE:08395
47GF Score
ZXZN Qi-House Holdings Ltd HKSE:08395
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZXZN Qi-House 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.

ZXZN Qi-House Holdings'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
=( (48.537 + 66.103) / 2 ) / 96.838*365
=57.32 / 96.838*365
=216.05

ZXZN Qi-House Holdings'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
=( (46.255 + 66.103) / 2 ) / 57.781*365 / 2
=56.179 / 57.781*365 / 2
=177.44

* 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 177.44 mean?
ZXZN Qi-House Holdings (HKSE:08395) has a Days Payable of 177.44 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 ZXZN Qi-House Holdings and its competitors. This is 139% above median its historical median of 74.16. Over the past decade, ZXZN Qi-House Holdings' Days Payable has ranged from 3.22 to 479.74. According to the industry distribution chart, ZXZN Qi-House Holdings ranks #89 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 8.1%.
Is ZXZN Qi-House Holdings' Days Payable too high?
ZXZN Qi-House Holdings' current Days Payable of 177.44 is 139% above median its 10-year median of 74.16. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 479.74. The Retail - Cyclical industry median Days Payable is 50.55. ZXZN Qi-House Holdings' value of 177.44 is 251% above this industry median. Based on the distribution chart, ZXZN Qi-House Holdings ranks #89 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, ZXZN Qi-House Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZXZN Qi-House Holdings' Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, ZXZN Qi-House Holdings ranks #89 out of 1101 companies for Days Payable. This places ZXZN Qi-House Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.55. ZXZN Qi-House Holdings' value of 177.44 is 251% above this benchmark. Historically, ZXZN Qi-House Holdings' own Days Payable has ranged from 3.22 to 479.74 over the past decade. While the company's 10-year median is 74.16 vs. the industry median of 50.55, ZXZN Qi-House 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.55, based on 1,101 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. ZXZN Qi-House Holdings's current Days Payable of 177.44 is 251% 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 ZXZN Qi-House Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZXZN Qi-House Holdings's current Days Payable is 177.44, which is 139% above median its own 10-year median of 74.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZXZN Qi-House Holdings stock overvalued right now?
Based on GuruFocus' analysis, ZXZN Qi-House Holdings (HKSE:08395) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.31, compared to a current price of HK$2.15 — trading 63.7% above its estimated fair value. The current Days Payable is 177.44, which is 139% above median its 10-year median of 74.16 and 251% above the Retail - Cyclical industry median of 50.55. ZXZN Qi-House Holdings' overall GF Score™ is 47/100 with 3 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 ZXZN Qi-House Holdings (HKSE:08395), the current Days Payable is 177.44 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.

Is ZXZN Qi-House Holdings (HKSE:08395) Overvalued in 2026?

Based on GuruFocus' analysis, ZXZN Qi-House Holdings stock appears to be overvalued. The current stock price of HK$2.15 is trading 63.7% above its estimated GF Value™ of HK$1.31. GuruFocus considers ZXZN Qi-House Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08395:

  • Days Payable: 177.44 (139% above median its 10-year median of 74.16)
  • GF Value™: HK$1.31 vs. price of HK$2.15 (63.7% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 251% above the Retail - Cyclical median (#89 of 1101)

No single metric tells the full story. See the HKSE:08395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZXZN Qi-House Holdings Business Description

Address 2 Lee Wing Street, 28th Floor, Horizon Plaza, Ap Lei Chau, Hong Kong, HKG
ZXZN Qi-House Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the sale, distribution, and rental of furniture and home accessories, the distribution and licensing of intellectual property rights, provision of consumer loan services, sale of trading parts and automation equipment, the provision of styling, consulting and furniture agency services and the operation of a cafe.
47GF Score

Get the complete analysis for HKSE:08395

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

HK$2.15
Price
HK$1.31
GF Value