C&N Holdings (HKSE:08430) Days Payable: 35.83 (As of Dec. 2025) — 107% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is C&N Holdings Days Payable?

C&N Holdings HKSE:08430 -1.28% Days Payable is 35.83 as of Dec. 2025, which is 107% above its 10-year median of 17.27. The stock has 5 warning signs investors should review. Among 969 Transportation companies, C&N Holdings ranks worse than 66.46% on this metric.

C&N Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$10.2 Mil. C&N Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$51.8 Mil. Hence, C&N Holdings's Days Payable for the six months ended in Dec. 2025 was 35.83.

The historical rank and industry rank for C&N Holdings's Days Payable or its related term are showing as below:

HKSE:08430' s Days Payable Range Over the Past 10 Years
Min: 14.88   Med: 17.27   Max: 31.44
Current: 28.01

During the past 11 years, C&N Holdings's highest Days Payable was 31.44. The lowest was 14.88. And the median was 17.27.

HKSE:08430's Days Payable is ranked worse than
66.46% of 969 companies
in the Transportation industry
Industry Median: 38.63 vs HKSE:08430: 28.01

C&N Holdings's Days Payable increased from Dec. 2024 (18.05) to Dec. 2025 (35.83). It may suggest that C&N Holdings delayed paying its suppliers.


C&N Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for C&N 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.

C&N Holdings Days Payable Chart

C&N Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.86 14.92 17.99 14.88 31.44

C&N Holdings Semi-Annual Data
Dec15 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 14.24 14.13 18.05 18.16 35.83

HKSE:08430 vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, C&N 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.


C&N Holdings Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, C&N Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where C&N Holdings's Days Payable falls into.



C&N 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.

C&N Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5.186 + 13.775) / 2 ) / 110.072*365
=9.4805 / 110.072*365
=31.44

C&N 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
=( (6.579 + 13.775) / 2 ) / 51.838*365 / 2
=10.177 / 51.838*365 / 2
=35.83

* 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 35.83 mean?
C&N Holdings (HKSE:08430) has a Days Payable of 35.83 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 C&N Holdings and its competitors. This is 107% above median its historical median of 17.27. Over the past decade, C&N Holdings' Days Payable has ranged from 14.88 to 31.44. According to the industry distribution chart, C&N Holdings ranks #644 out of 969 companies in the Transportation industry, placing it in the top 66.5%.
Is C&N Holdings' Days Payable too high?
C&N Holdings' current Days Payable of 35.83 is 107% above median its 10-year median of 17.27. Over the past 10 years, this metric has ranged from a low of 14.88 to a high of 31.44. The Transportation industry median Days Payable is 38.63. C&N Holdings' value of 35.83 is 7.2% below this industry median. Based on the distribution chart, C&N Holdings ranks #644 out of 969 companies in the Transportation industry, which is below the industry midpoint.
How does C&N Holdings' Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, C&N Holdings ranks #644 out of 969 companies for Days Payable. This places C&N Holdings in the lower half of its industry. The industry median Days Payable is 38.63. C&N Holdings' value of 35.83 is 7.2% below this benchmark. Historically, C&N Holdings' own Days Payable has ranged from 14.88 to 31.44 over the past decade. While the company's 10-year median is 17.27 vs. the industry median of 38.63, C&N Holdings 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 Transportation company?
The median Days Payable among Transportation companies is 38.63, based on 969 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. C&N Holdings's current Days Payable of 35.83 is 7.2% 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 C&N Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C&N Holdings's current Days Payable is 35.83, which is 107% above median its own 10-year median of 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C&N Holdings stock overvalued right now?
Based on GuruFocus' analysis, C&N Holdings (HKSE:08430) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.08 — trading 10% above its estimated fair value. The current Days Payable is 35.83, which is 107% above median its 10-year median of 17.27 and 7.2% below the Transportation industry median of 38.63. 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 C&N Holdings (HKSE:08430), the current Days Payable is 35.83 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.

C&N Holdings Business Description

Address 3 Soon Lee Street, Number 06-03, Pioneer Junction, Singapore, SGP, 627606
C&N Holdings Ltd is engaged in offering various transport management services to the logistics industry in Singapore and Hong Kong, including trucking and hubbing services. Trucking services refer to the delivery of cargo, containers, from customers' designated pickup points to their designated delivery point. Hubbing services refer to the handling and storage of laden and empty containers at the group's logistics yard or other locations designated by the customers. The cargoes that it transports for customers include various types of plastic resin, scrap steel, wastepaper products and others. Its segments include the trucking segment and the hubbing segment. The trucking segment derives the majority of the revenue.