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Plateau TreasuresHKSE:08402 Days Payable is 47.94 as of Dec. 2025, which is 11% below its 10-year median of 54.05. The stock has 4 warning signs investors should review. Among 598 Steel companies, Plateau Treasures ranks better than 62.21% on this metric.
The historical rank and industry rank for Plateau Treasures's Days Payable or its related term are showing as below:
HKSE:08402'
s Days Payable Range Over the Past 10 Years
Min: 44.43 Med: 54.05 Max: 180.77
Current: 55.84
During the past 11 years, Plateau Treasures's highest Days Payable was 180.77. The lowest was 44.43. And the median was 54.05.
HKSE:08402's Days Payable is ranked better than 62.21% of 598
companies
in the Steel industry
Industry Median: 41.31
vs HKSE:08402: 55.84
Plateau Treasures's Days Payable
declined
from Dec. 2024 (58.96) to Dec. 2025 (47.94).
It may suggest that Plateau Treasuresaccelerated paying its suppliers.
The historical data trend for Plateau Treasures'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.
HKSE:08402 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Plateau Treasures'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.
Plateau Treasures Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Plateau Treasures's Days Payable distribution charts can be found below:
* The bar in red indicates where Plateau Treasures's Days Payable falls into.
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.
Plateau Treasures's Days Payable for the fiscal year that ended in Dec. 2025 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.
Plateau Treasures (HKSE:08402) has a Days Payable of 47.94 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 Plateau Treasures and its competitors. This is 11% below median its historical median of 54.05. Over the past decade, Plateau Treasures' Days Payable has ranged from 44.43 to 180.77. According to the industry distribution chart, Plateau Treasures ranks #226 out of 598 companies in the Steel industry, placing it in the top 37.8%.
Is Plateau Treasures' Days Payable too high?
Plateau Treasures' current Days Payable of 47.94 is 11% below median its 10-year median of 54.05. Over the past 10 years, this metric has ranged from a low of 44.43 to a high of 180.77. The Steel industry median Days Payable is 41.31. Plateau Treasures' value of 47.94 is 16% above this industry median. Based on the distribution chart, Plateau Treasures ranks #226 out of 598 companies in the Steel industry, which is above the industry midpoint.
How does Plateau Treasures' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Plateau Treasures ranks #226 out of 598 companies for Days Payable. This puts Plateau Treasures in the upper half of its industry. The industry median Days Payable is 41.31. Plateau Treasures' value of 47.94 is 16% above this benchmark. Historically, Plateau Treasures' own Days Payable has ranged from 44.43 to 180.77 over the past decade. While the company's 10-year median is 54.05 vs. the industry median of 41.31, Plateau Treasures 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 Steel company?
The median Days Payable among Steel companies is 41.31, based on 598 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. Plateau Treasures's current Days Payable of 47.94 is 16% 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 Plateau Treasures and its competitors. For the Steel industry, the median Days Payable is 41.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plateau Treasures's current Days Payable is 47.94, which is 11% below median its own 10-year median of 54.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plateau Treasures stock overvalued right now?
Based on GuruFocus' analysis, Plateau Treasures (HKSE:08402) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.09 — trading 38% below its estimated fair value. The current Days Payable is 47.94, which is 11% below median its 10-year median of 54.05 and 16% above the Steel industry median of 41.31. 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 Plateau Treasures (HKSE:08402), the current Days Payable is 47.94 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.
Plateau Treasures Ltd is an independent structural steel manufacturer. It is a professional steel structure engineering company that innovatively designs, supplies, manufactures, fabricates, and installs structural steel works for the construction of buildings, including technological plants, industrial buildings, commercial buildings, government institutions and residential buildings in Singapore and the distribution of healthy specialty products targeting the Chinese silver economy market. Geographically, the Group principally operates in Singapore.
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