Asia-express Logistics Holdings (HKSE:08620) Days Payable: 30.33 (As of Mar. 2026) — Near Median

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HKSE:08620 Asia-express Logistics Holdings Ltd HKSE:08620
45 GF Score
Price HK$0.15
GF Value HK$0.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Asia-express Logistics Holdings Days Payable?

Asia-express Logistics Holdings HKSE:08620 45 Days Payable is 30.33 as of Mar. 2026, which is 5% below its 10-year median of 31.96. GuruFocus rates HKSE:08620 with a GF Score™ of 45/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 967 Transportation companies, Asia-express Logistics Holdings ranks worse than 60.39% on this metric.

Asia-express Logistics Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$26.4 Mil. Asia-express Logistics Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$159.0 Mil. Hence, Asia-express Logistics Holdings's Days Payable for the six months ended in Mar. 2026 was 30.33.

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

HKSE:08620' s Days Payable Range Over the Past 10 Years
Min: 29.49   Med: 31.96   Max: 35.01
Current: 30.74

During the past 10 years, Asia-express Logistics Holdings's highest Days Payable was 35.01. The lowest was 29.49. And the median was 31.96.

HKSE:08620's Days Payable is ranked worse than
60.39% of 967 companies
in the Transportation industry
Industry Median: 38.39 vs HKSE:08620: 30.74

Asia-express Logistics Holdings's Days Payable increased from Mar. 2025 (30.04) to Mar. 2026 (30.33). It may suggest that Asia-express Logistics Holdings delayed paying its suppliers.


Asia-express Logistics Holdings Days Payable Related Terms


Asia-express Logistics Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Asia-express Logistics 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.

Asia-express Logistics Holdings Days Payable Chart

Asia-express Logistics 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 29.49 33.23 31.46 29.83 29.83

Asia-express Logistics Holdings Semi-Annual Data
Mar17 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 32.97 31.68 30.04 32.06 30.33

Asia-express Logistics Holdings Days Payable Competitor Comparison

For the Airports & Air Services subindustry, Asia-express Logistics 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.


Asia-express Logistics Holdings Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia-express Logistics Holdings's Days Payable falls into.


HKSE:08620
45GF Score
Asia-express Logistics Holdings Ltd HKSE:08620
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia-express Logistics 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.

Asia-express Logistics 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
=( (27.355 + 24.536) / 2 ) / 317.468*365
=25.9455 / 317.468*365
=29.83

Asia-express Logistics 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
=( (28.32 + 24.536) / 2 ) / 159.016*365 / 2
=26.428 / 159.016*365 / 2
=30.33

* 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 30.33 mean?
Asia-express Logistics Holdings (HKSE:08620) has a Days Payable of 30.33 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 Asia-express Logistics Holdings and its competitors. This is near median its historical median of 31.96. Over the past decade, Asia-express Logistics Holdings' Days Payable has ranged from 29.49 to 35.01. According to the industry distribution chart, Asia-express Logistics Holdings ranks #584 out of 967 companies in the Transportation industry, placing it in the top 60.4%.
Is Asia-express Logistics Holdings' Days Payable too high?
Asia-express Logistics Holdings' current Days Payable of 30.33 is near median its 10-year median of 31.96. Over the past 10 years, this metric has ranged from a low of 29.49 to a high of 35.01. The Transportation industry median Days Payable is 38.39. Asia-express Logistics Holdings' value of 30.33 is 21% below this industry median. Based on the distribution chart, Asia-express Logistics Holdings ranks #584 out of 967 companies in the Transportation industry, which is below the industry midpoint. Overall, Asia-express Logistics Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' Days Payable compare to competitors?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #584 out of 967 companies for Days Payable. This places Asia-express Logistics Holdings in the lower half of its industry. The industry median Days Payable is 38.39. Asia-express Logistics Holdings' value of 30.33 is 21% below this benchmark. Historically, Asia-express Logistics Holdings' own Days Payable has ranged from 29.49 to 35.01 over the past decade. While the company's 10-year median is 31.96 vs. the industry median of 38.39, Asia-express Logistics 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 38.39, based on 967 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. Asia-express Logistics Holdings's current Days Payable of 30.33 is 21% 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 Asia-express Logistics Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current Days Payable is 30.33, which is near median its own 10-year median of 31.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 48% above its estimated fair value. The current Days Payable is 30.33, which is near median its 10-year median of 31.96 and 21% below the Transportation industry median of 38.39. Asia-express Logistics Holdings' overall GF Score™ is 45/100 with 3 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 Asia-express Logistics Holdings (HKSE:08620), the current Days Payable is 30.33 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 Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?

Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued. The current stock price of HK$0.15 is trading 48% above its estimated GF Value™ of HK$0.10. GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08620:

  • Days Payable: 30.33 (near median its 10-year median of 31.96)
  • GF Value™: HK$0.10 vs. price of HK$0.15 (48% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 21% below the Transportation median (#584 of 967)

No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia-express Logistics Holdings Business Description

Address 38-42 Kwai Fung Crescent, 3rd Floor, Magnet Place Tower 2, Kwai Chung, New Territories, Hong Kong, HKG
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
45GF Score

Get the complete analysis for HKSE:08620

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

HK$0.15
Price
HK$0.10
GF Value