Ocean One Holding (HKSE:09876) Days Payable: 9.27 (As of Mar. 2026) — Near 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.

HKSE:09876 Ocean One Holding Ltd HKSE:09876
83 GF Score
Price HK$2.18
GF Value HK$2.28
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Ocean One Holding Days Payable?

Ocean One Holding HKSE:09876 +3.81% 83 Days Payable is 9.27 as of Mar. 2026, which is 8% above its 10-year median of 8.62. GuruFocus rates HKSE:09876 with a GF Score™ of 83/100 and a GF Value™ of HK$2.28 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,895 Consumer Packaged Goods companies, Ocean One Holding ranks worse than 95.62% on this metric.

Ocean One Holding's average Accounts Payable for the six months ended in Mar. 2026 was HK$9.4 Mil. Ocean One Holding's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$185.7 Mil. Hence, Ocean One Holding's Days Payable for the six months ended in Mar. 2026 was 9.27.

The historical rank and industry rank for Ocean One Holding's Days Payable or its related term are showing as below:

HKSE:09876' s Days Payable Range Over the Past 10 Years
Min: 6.12   Med: 8.62   Max: 9.73
Current: 9.5

During the past 11 years, Ocean One Holding's highest Days Payable was 9.73. The lowest was 6.12. And the median was 8.62.

HKSE:09876's Days Payable is ranked worse than
95.62% of 1895 companies
in the Consumer Packaged Goods industry
Industry Median: 43.96 vs HKSE:09876: 9.50

Ocean One Holding's Days Payable declined from Mar. 2025 (11.77) to Mar. 2026 (9.27). It may suggest that Ocean One Holding accelerated paying its suppliers.


Ocean One Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Ocean One Holding'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.

Ocean One Holding Days Payable Chart

Ocean One Holding 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 9.14 7.75 8.04 9.73 9.61

Ocean One Holding 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 10.00 11.22 11.77 9.64 9.27

HKSE:09876 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Ocean One Holding'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.


Ocean One Holding Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean One Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean One Holding's Days Payable falls into.


HKSE:09876
83GF Score
Ocean One Holding Ltd HKSE:09876
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean One Holding 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.

Ocean One Holding'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
=( (9.033 + 9.775) / 2 ) / 357.304*365
=9.404 / 357.304*365
=9.61

Ocean One Holding'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
=( (9.101 + 9.775) / 2 ) / 185.729*365 / 2
=9.438 / 185.729*365 / 2
=9.27

* 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 9.27 mean?
Ocean One Holding (HKSE:09876) has a Days Payable of 9.27 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 Ocean One Holding and its competitors. This is near median its historical median of 8.62. Over the past decade, Ocean One Holding's Days Payable has ranged from 6.12 to 9.73. According to the industry distribution chart, Ocean One Holding ranks #1812 out of 1895 companies in the Consumer Packaged Goods industry, placing it in the top 95.6%.
Is Ocean One Holding's Days Payable too high?
Ocean One Holding's current Days Payable of 9.27 is near median its 10-year median of 8.62. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 9.73. The Consumer Packaged Goods industry median Days Payable is 43.96. Ocean One Holding's value of 9.27 is 78.9% below this industry median. Based on the distribution chart, Ocean One Holding ranks #1812 out of 1895 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ocean One Holding has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ocean One Holding's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ocean One Holding ranks #1812 out of 1895 companies for Days Payable. This places Ocean One Holding in the lower half of its industry. The industry median Days Payable is 43.96. Ocean One Holding's value of 9.27 is 78.9% below this benchmark. Historically, Ocean One Holding's own Days Payable has ranged from 6.12 to 9.73 over the past decade. While the company's 10-year median is 8.62 vs. the industry median of 43.96, Ocean One Holding 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,895 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. Ocean One Holding's current Days Payable of 9.27 is 78.9% 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 Ocean One Holding and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean One Holding's current Days Payable is 9.27, which is near median its own 10-year median of 8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean One Holding stock overvalued right now?
Based on GuruFocus' analysis, Ocean One Holding (HKSE:09876) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$2.18 — trading 4.4% below its estimated fair value. The current Days Payable is 9.27, which is near median its 10-year median of 8.62 and 78.9% below the Consumer Packaged Goods industry median of 43.96. Ocean One Holding's overall GF Score™ is 83/100 with 1 warning sign 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 Ocean One Holding (HKSE:09876), the current Days Payable is 9.27 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 Ocean One Holding (HKSE:09876) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean One Holding stock appears to be undervalued. The current stock price of HK$2.18 is trading 4.4% below its estimated GF Value™ of HK$2.28. GuruFocus considers Ocean One Holding to be Fairly Valued.

Key valuation signals for HKSE:09876:

  • Days Payable: 9.27 (near median its 10-year median of 8.62)
  • GF Value™: HK$2.28 vs. price of HK$2.18 (4.4% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 78.9% below the Consumer Packaged Goods median (#1812 of 1895)

No single metric tells the full story. See the HKSE:09876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean One Holding Business Description

Address 36-44 Pak Tin Par Street, Unit B, 5th Floor, Goodwill Industrial Building, Tsuen Wan, Hong Kong, HKG
Ocean One Holding Ltd is a frozen seafood importer and wholesaler in Hong Kong. The company offers frozen seafood products sourced from suppliers located overseas to Frozen Seafood Resellers and Frozen Seafood Catering Service Providers. The company offers a diverse and wide range of frozen seafood products, which include prawns, scallops, oysters, surf clams, fish, crabs, roe, octopuses, cuttlefish, and others. Geographically, it derives the majority of its revenue from Hong Kong.
83GF Score

Get the complete analysis for HKSE:09876

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

HK$2.18
Price
HK$2.28
GF Value