Noble Engineering Group Holdings (HKSE:08445) Days Payable: 25.47 (As of Mar. 2026) — Near Median

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HKSE:08445 Noble Engineering Group Holdings Ltd HKSE:08445
41 GF Score
Price HK$0.12
GF Value HK$0.14
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Noble Engineering Group Holdings Days Payable?

Noble Engineering Group Holdings HKSE:08445 +9.09% 41 Days Payable is 25.47 as of Mar. 2026, which is 2% above its 10-year median of 25.01. GuruFocus rates HKSE:08445 with a GF Score™ of 41/100 and a GF Value™ of HK$0.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,715 Construction companies, Noble Engineering Group Holdings ranks worse than 91.31% on this metric.

Noble Engineering Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$16.0 Mil. Noble Engineering Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$114.7 Mil. Hence, Noble Engineering Group Holdings's Days Payable for the six months ended in Mar. 2026 was 25.47.

The historical rank and industry rank for Noble Engineering Group Holdings's Days Payable or its related term are showing as below:

HKSE:08445' s Days Payable Range Over the Past 10 Years
Min: 17.18   Med: 25.01   Max: 45.07
Current: 26.59

During the past 11 years, Noble Engineering Group Holdings's highest Days Payable was 45.07. The lowest was 17.18. And the median was 25.01.

HKSE:08445's Days Payable is ranked worse than
91.31% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs HKSE:08445: 26.59

Noble Engineering Group Holdings's Days Payable declined from Mar. 2025 (25.86) to Mar. 2026 (25.47). It may suggest that Noble Engineering Group Holdings accelerated paying its suppliers.


Noble Engineering Group Holdings Days Payable Related Terms


Noble Engineering Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Noble Engineering Group 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.

Noble Engineering Group Holdings Days Payable Chart

Noble Engineering Group 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 17.18 30.76 27.29 20.52 24.70

Noble Engineering Group 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 24.61 19.87 25.86 30.10 25.47

HKSE:08445 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Noble Engineering Group 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.


Noble Engineering Group Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Noble Engineering Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Noble Engineering Group Holdings's Days Payable falls into.


HKSE:08445
41GF Score
Noble Engineering Group Holdings Ltd HKSE:08445
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble Engineering Group 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.

Noble Engineering Group 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
=( (13.16 + 14.826) / 2 ) / 206.747*365
=13.993 / 206.747*365
=24.70

Noble Engineering Group 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
=( (17.195 + 14.826) / 2 ) / 114.737*365 / 2
=16.0105 / 114.737*365 / 2
=25.47

* 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 25.47 mean?
Noble Engineering Group Holdings (HKSE:08445) has a Days Payable of 25.47 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 Noble Engineering Group Holdings and its competitors. This is near median its historical median of 25.01. Over the past decade, Noble Engineering Group Holdings' Days Payable has ranged from 17.18 to 45.07. According to the industry distribution chart, Noble Engineering Group Holdings ranks #1566 out of 1715 companies in the Construction industry, placing it in the top 91.3%.
Is Noble Engineering Group Holdings' Days Payable too high?
Noble Engineering Group Holdings' current Days Payable of 25.47 is near median its 10-year median of 25.01. Over the past 10 years, this metric has ranged from a low of 17.18 to a high of 45.07. The Construction industry median Days Payable is 76.33. Noble Engineering Group Holdings' value of 25.47 is 66.6% below this industry median. Based on the distribution chart, Noble Engineering Group Holdings ranks #1566 out of 1715 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Noble Engineering Group Holdings has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noble Engineering Group Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Noble Engineering Group Holdings ranks #1566 out of 1715 companies for Days Payable. This places Noble Engineering Group Holdings in the lower half of its industry. The industry median Days Payable is 76.33. Noble Engineering Group Holdings' value of 25.47 is 66.6% below this benchmark. Historically, Noble Engineering Group Holdings' own Days Payable has ranged from 17.18 to 45.07 over the past decade. While the company's 10-year median is 25.01 vs. the industry median of 76.33, Noble Engineering Group 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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. Noble Engineering Group Holdings's current Days Payable of 25.47 is 66.6% 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 Noble Engineering Group Holdings and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Engineering Group Holdings's current Days Payable is 25.47, which is near median its own 10-year median of 25.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Engineering Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noble Engineering Group Holdings (HKSE:08445) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.12 — trading 14.3% below its estimated fair value. The current Days Payable is 25.47, which is near median its 10-year median of 25.01 and 66.6% below the Construction industry median of 76.33. Noble Engineering Group Holdings' overall GF Score™ is 41/100 with 2 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 Noble Engineering Group Holdings (HKSE:08445), the current Days Payable is 25.47 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 Noble Engineering Group Holdings (HKSE:08445) Overvalued in 2026?

Based on GuruFocus' analysis, Noble Engineering Group Holdings stock appears to be undervalued. The current stock price of HK$0.12 is trading 14.3% below its estimated GF Value™ of HK$0.14. GuruFocus considers Noble Engineering Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08445:

  • Days Payable: 25.47 (near median its 10-year median of 25.01)
  • GF Value™: HK$0.14 vs. price of HK$0.12 (14.3% below fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 66.6% below the Construction median (#1566 of 1715)

No single metric tells the full story. See the HKSE:08445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Engineering Group Holdings Business Description

Address 889 Cheung Sha Wan Road, Room 9, 25th Floor, CRE Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Noble Engineering Group Holdings Ltd performs wet trades works as a subcontractor in Hong Kong. It offers wet trades works solutions including tile-laying, bricklaying, plastering, floor screeding and marble works. Its services are provided to both the private sector and public sector for various building construction projects including residential, community facilities, public housing, and commercial development projects.
41GF Score

Get the complete analysis for HKSE:08445

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

HK$0.12
Price
HK$0.14
GF Value