Chi Ho Development Holdings (HKSE:08423) Days Payable: 254.93 (As of Mar. 2026) — 229% Above Median

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What is Chi Ho Development Holdings Days Payable?

Chi Ho Development Holdings HKSE:08423 Days Payable is 254.93 as of Mar. 2026, which is 229% above its 10-year median of 77.55. The stock has 7 warning signs investors should review. Among 1,719 Construction companies, Chi Ho Development Holdings ranks better than 79.81% on this metric.

Chi Ho Development Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$152.3 Mil. Chi Ho Development Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$109.0 Mil. Hence, Chi Ho Development Holdings's Days Payable for the six months ended in Mar. 2026 was 254.93.

The historical rank and industry rank for Chi Ho Development Holdings's Days Payable or its related term are showing as below:

HKSE:08423' s Days Payable Range Over the Past 10 Years
Min: 40.94   Med: 77.55   Max: 181.74
Current: 181.74

During the past 12 years, Chi Ho Development Holdings's highest Days Payable was 181.74. The lowest was 40.94. And the median was 77.55.

HKSE:08423's Days Payable is ranked better than
79.81% of 1719 companies
in the Construction industry
Industry Median: 76.6 vs HKSE:08423: 181.74

Chi Ho Development Holdings's Days Payable increased from Mar. 2025 (84.48) to Mar. 2026 (254.93). It may suggest that Chi Ho Development Holdings delayed paying its suppliers.


Chi Ho Development Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Chi Ho Development 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.

Chi Ho Development Holdings Days Payable Chart

Chi Ho Development 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 89.27 67.92 89.11 79.56 181.56

Chi Ho Development 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 79.13 91.15 84.48 135.18 254.93

HKSE:08423 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Chi Ho Development 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.


Chi Ho Development Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Chi Ho Development Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Chi Ho Development Holdings's Days Payable falls into.



Chi Ho Development 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.

Chi Ho Development 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
=( (113.441 + 164.942) / 2 ) / 279.826*365
=139.1915 / 279.826*365
=181.56

Chi Ho Development 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
=( (139.611 + 164.942) / 2 ) / 109.013*365 / 2
=152.2765 / 109.013*365 / 2
=254.93

* 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 254.93 mean?
Chi Ho Development Holdings (HKSE:08423) has a Days Payable of 254.93 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 Chi Ho Development Holdings and its competitors. This is 229% above median its historical median of 77.55. Over the past decade, Chi Ho Development Holdings' Days Payable has ranged from 40.94 to 181.74. According to the industry distribution chart, Chi Ho Development Holdings ranks #347 out of 1719 companies in the Construction industry, placing it in the top 20.2%.
Is Chi Ho Development Holdings' Days Payable too high?
Chi Ho Development Holdings' current Days Payable of 254.93 is 229% above median its 10-year median of 77.55. Over the past 10 years, this metric has ranged from a low of 40.94 to a high of 181.74. The Construction industry median Days Payable is 76.60. Chi Ho Development Holdings' value of 254.93 is 232.8% above this industry median. Based on the distribution chart, Chi Ho Development Holdings ranks #347 out of 1719 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Chi Ho Development Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Chi Ho Development Holdings ranks #347 out of 1719 companies for Days Payable. This places Chi Ho Development Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.60. Chi Ho Development Holdings' value of 254.93 is 232.8% above this benchmark. Historically, Chi Ho Development Holdings' own Days Payable has ranged from 40.94 to 181.74 over the past decade. While the company's 10-year median is 77.55 vs. the industry median of 76.60, Chi Ho Development 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,719 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. Chi Ho Development Holdings's current Days Payable of 254.93 is 232.8% 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 Chi Ho Development Holdings and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Ho Development Holdings's current Days Payable is 254.93, which is 229% above median its own 10-year median of 77.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Ho Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chi Ho Development Holdings (HKSE:08423) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.05 — trading 22.5% above its estimated fair value. The current Days Payable is 254.93, which is 229% above median its 10-year median of 77.55 and 232.8% above the Construction industry median of 76.60. 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 Chi Ho Development Holdings (HKSE:08423), the current Days Payable is 254.93 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.

Chi Ho Development Holdings Business Description

Address 77-81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG
Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include the Building renovation and construction segment and the Property segment. The building renovation and construction segment includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. The property segment includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.