Polyfair Holdings (HKSE:08532) Days Payable: 395.93 (As of Mar. 2026) — 484% Above Median

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What is Polyfair Holdings Days Payable?

Polyfair Holdings HKSE:08532 -1.54% Days Payable is 395.93 as of Mar. 2026, which is 484% above its 10-year median of 67.79. The stock has 4 warning signs investors should review. Among 1,718 Construction companies, Polyfair Holdings ranks better than 92.26% on this metric.

Polyfair Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$105.20 Mil. Polyfair Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$48.49 Mil. Hence, Polyfair Holdings's Days Payable for the six months ended in Mar. 2026 was 395.93.

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

HKSE:08532' s Days Payable Range Over the Past 10 Years
Min: 38.11   Med: 67.79   Max: 388.06
Current: 388.06

During the past 11 years, Polyfair Holdings's highest Days Payable was 388.06. The lowest was 38.11. And the median was 67.79.

HKSE:08532's Days Payable is ranked better than
92.26% of 1718 companies
in the Construction industry
Industry Median: 76.605 vs HKSE:08532: 388.06

Polyfair Holdings's Days Payable increased from Mar. 2025 (136.20) to Mar. 2026 (395.93). It may suggest that Polyfair Holdings delayed paying its suppliers.


Polyfair Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Polyfair 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.

Polyfair Holdings Days Payable Chart

Polyfair 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 49.72 74.10 88.05 130.78 375.82

Polyfair Holdings Semi-Annual Data
Mar16 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 88.19 123.58 136.20 392.50 395.93

HKSE:08532 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Polyfair 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.


Polyfair Holdings Days Payable vs Construction Industry

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

* The bar in red indicates where Polyfair Holdings's Days Payable falls into.



Polyfair 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.

Polyfair 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
=( (104.905 + 98.672) / 2 ) / 98.857*365
=101.7885 / 98.857*365
=375.82

Polyfair 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
=( (111.734 + 98.672) / 2 ) / 48.492*365 / 2
=105.203 / 48.492*365 / 2
=395.93

* 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 395.93 mean?
Polyfair Holdings (HKSE:08532) has a Days Payable of 395.93 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 Polyfair Holdings and its competitors. This is 484% above median its historical median of 67.79. Over the past decade, Polyfair Holdings' Days Payable has ranged from 38.11 to 388.06. According to the industry distribution chart, Polyfair Holdings ranks #133 out of 1718 companies in the Construction industry, placing it in the top 7.7%.
Is Polyfair Holdings' Days Payable too high?
Polyfair Holdings' current Days Payable of 395.93 is 484% above median its 10-year median of 67.79. Over the past 10 years, this metric has ranged from a low of 38.11 to a high of 388.06. The Construction industry median Days Payable is 76.61. Polyfair Holdings' value of 395.93 is 416.8% above this industry median. Based on the distribution chart, Polyfair Holdings ranks #133 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Polyfair Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Polyfair Holdings ranks #133 out of 1718 companies for Days Payable. This places Polyfair Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.61. Polyfair Holdings' value of 395.93 is 416.8% above this benchmark. Historically, Polyfair Holdings' own Days Payable has ranged from 38.11 to 388.06 over the past decade. While the company's 10-year median is 67.79 vs. the industry median of 76.61, Polyfair 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 76.61, based on 1,718 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. Polyfair Holdings's current Days Payable of 395.93 is 416.8% 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 Polyfair Holdings and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polyfair Holdings's current Days Payable is 395.93, which is 484% above median its own 10-year median of 67.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyfair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polyfair Holdings (HKSE:08532) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.06 — trading 28.9% below its estimated fair value. The current Days Payable is 395.93, which is 484% above median its 10-year median of 67.79 and 416.8% above the Construction industry median of 76.61. 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 Polyfair Holdings (HKSE:08532), the current Days Payable is 395.93 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.

Polyfair Holdings Business Description

Address 499 Castle Peak Road, 9th Floor, Wing Hing Industrial Building, Cheung Sha Wan, 2017Kowloon, Hong Kong, HKG
Polyfair Holdings Ltd is a subcontractor engaged in providing facade and curtain wall works solutions. The Group provides customised facade and curtain wall engineering solutions and generally offers design and build services, including developing designs, conducting structural calculations, preparing shop drawings, sourcing and procuring building materials, arranging logistics and installation works, project management, and post-project completion services. The Group operates as a single operating segment focused on facade and curtain wall works solutions. Its business activities and revenue are derived from customers in Hong Kong, with projects carried out in Hong Kong.