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Sunray Engineering GroupHKSE:08616 Days Payable is 45.15 as of Mar. 2026, which is 20% below its 10-year median of 56.11. The stock has 8 warning signs investors should review. Among 1,721 Construction companies, Sunray Engineering Group ranks worse than 74.84% on this metric.
* 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.
HKSE:08616 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Sunray Engineering Group'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.
Sunray Engineering Group Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Sunray Engineering Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Sunray Engineering Group's Days Payable falls into.
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.
Sunray Engineering Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Sunray Engineering Group (HKSE:08616) has a Days Payable of 45.15 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 Sunray Engineering Group and its competitors. This is 20% below median its historical median of 56.11. Over the past decade, Sunray Engineering Group's Days Payable has ranged from 41.32 to 73.93. According to the industry distribution chart, Sunray Engineering Group ranks #1288 out of 1721 companies in the Construction industry, placing it in the top 74.8%.
Is Sunray Engineering Group's Days Payable too high?
Sunray Engineering Group's current Days Payable of 45.15 is 20% below median its 10-year median of 56.11. Over the past 10 years, this metric has ranged from a low of 41.32 to a high of 73.93. The Construction industry median Days Payable is 76.67. Sunray Engineering Group's value of 45.15 is 41.1% below this industry median. Based on the distribution chart, Sunray Engineering Group ranks #1288 out of 1721 companies in the Construction industry, which is below the industry midpoint.
How does Sunray Engineering Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Sunray Engineering Group ranks #1288 out of 1721 companies for Days Payable. This places Sunray Engineering Group in the lower half of its industry. The industry median Days Payable is 76.67. Sunray Engineering Group's value of 45.15 is 41.1% below this benchmark. Historically, Sunray Engineering Group's own Days Payable has ranged from 41.32 to 73.93 over the past decade. While the company's 10-year median is 56.11 vs. the industry median of 76.67, Sunray Engineering Group 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 76.67, based on 1,721 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. Sunray Engineering Group's current Days Payable of 45.15 is 41.1% 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 Sunray Engineering Group and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunray Engineering Group's current Days Payable is 45.15, which is 20% below median its own 10-year median of 56.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunray Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Sunray Engineering Group (HKSE:08616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.07 — trading 75% above its estimated fair value. The current Days Payable is 45.15, which is 20% below median its 10-year median of 56.11 and 41.1% below the Construction industry median of 76.67. 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 Sunray Engineering Group (HKSE:08616), the current Days Payable is 45.15 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.
Sunray Engineering Group Ltd is an investment holding company. Along with its subsidiaries, it operates as a building protection solution provider principally engaged in the provision of building protection works and the supply of building protection products. Its reporting and operating segments are Provision of building protection works and Supply of building protection products. The majority of the group's revenue is generated from the provision of building protection works, which refers to the selection and use of appropriate building protection products in a building for protection against water, thermal, acoustic, and fire. Geographically, the group generates maximum revenue from Hong Kong, followed by Macau and Mainland China.
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