Asia Grocery Distribution (HKSE:08413) Days Payable: 18.46 (As of Mar. 2026) — 13% Above Median

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What is Asia Grocery Distribution Days Payable?

Asia Grocery Distribution HKSE:08413 +1.89% Days Payable is 18.46 as of Mar. 2026, which is 13% above its 10-year median of 16.35. The stock has 1 warning sign investors should review. Among 305 Retail - Defensive companies, Asia Grocery Distribution ranks worse than 87.54% on this metric.

Asia Grocery Distribution's average Accounts Payable for the six months ended in Mar. 2026 was HK$11.2 Mil. Asia Grocery Distribution's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$110.7 Mil. Hence, Asia Grocery Distribution's Days Payable for the six months ended in Mar. 2026 was 18.46.

The historical rank and industry rank for Asia Grocery Distribution's Days Payable or its related term are showing as below:

HKSE:08413' s Days Payable Range Over the Past 10 Years
Min: 11.31   Med: 16.35   Max: 20.02
Current: 19.46

During the past 12 years, Asia Grocery Distribution's highest Days Payable was 20.02. The lowest was 11.31. And the median was 16.35.

HKSE:08413's Days Payable is ranked worse than
87.54% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.94 vs HKSE:08413: 19.46

Asia Grocery Distribution's Days Payable declined from Mar. 2025 (19.12) to Mar. 2026 (18.46). It may suggest that Asia Grocery Distribution accelerated paying its suppliers.


Asia Grocery Distribution Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Grocery Distribution'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.

Asia Grocery Distribution Days Payable Chart

Asia Grocery Distribution 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 17.42 17.89 19.88 19.91 20.02

Asia Grocery Distribution 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 18.37 19.02 19.12 19.91 18.46

HKSE:08413 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Asia Grocery Distribution'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.


Asia Grocery Distribution Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asia Grocery Distribution's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Grocery Distribution's Days Payable falls into.



Asia Grocery Distribution 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.

Asia Grocery Distribution'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
=( (12.549 + 11.431) / 2 ) / 218.548*365
=11.99 / 218.548*365
=20.02

Asia Grocery Distribution'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
=( (10.976 + 11.431) / 2 ) / 110.747*365 / 2
=11.2035 / 110.747*365 / 2
=18.46

* 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 18.46 mean?
Asia Grocery Distribution (HKSE:08413) has a Days Payable of 18.46 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 Asia Grocery Distribution and its competitors. This is 13% above median its historical median of 16.35. Over the past decade, Asia Grocery Distribution's Days Payable has ranged from 11.31 to 20.02. According to the industry distribution chart, Asia Grocery Distribution ranks #267 out of 305 companies in the Retail - Defensive industry, placing it in the top 87.5%.
Is Asia Grocery Distribution's Days Payable too high?
Asia Grocery Distribution's current Days Payable of 18.46 is 13% above median its 10-year median of 16.35. Over the past 10 years, this metric has ranged from a low of 11.31 to a high of 20.02. The Retail - Defensive industry median Days Payable is 43.94. Asia Grocery Distribution's value of 18.46 is 58% below this industry median. Based on the distribution chart, Asia Grocery Distribution ranks #267 out of 305 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers.
How does Asia Grocery Distribution's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Asia Grocery Distribution ranks #267 out of 305 companies for Days Payable. This places Asia Grocery Distribution in the lower half of its industry. The industry median Days Payable is 43.94. Asia Grocery Distribution's value of 18.46 is 58% below this benchmark. Historically, Asia Grocery Distribution's own Days Payable has ranged from 11.31 to 20.02 over the past decade. While the company's 10-year median is 16.35 vs. the industry median of 43.94, Asia Grocery Distribution 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 305 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. Asia Grocery Distribution's current Days Payable of 18.46 is 58% 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 Asia Grocery Distribution and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current Days Payable is 18.46, which is 13% above median its own 10-year median of 16.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.05 — trading 55% below its estimated fair value. The current Days Payable is 18.46, which is 13% above median its 10-year median of 16.35 and 58% below the Retail - Defensive industry median of 43.94. 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 Asia Grocery Distribution (HKSE:08413), the current Days Payable is 18.46 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.

Asia Grocery Distribution Business Description

Address No. 22 Sze Shan Street, The Whole of Upper Ground Floor, Mai Tong Industrial Building, Kowloon, Hong Kong, HKG
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.