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Migao Group HoldingsHKSE:09879 +1.28%44 Days Payable is 25.95 as of Mar. 2026, which is 57% below its 10-year median of 60.00. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 245 Agriculture companies, Migao Group Holdings ranks worse than 77.14% on this metric.
The historical rank and industry rank for Migao Group Holdings's Days Payable or its related term are showing as below:
HKSE:09879'
s Days Payable Range Over the Past 10 Years
Min: 32.88 Med: 60 Max: 139
Current: 32.88
During the past 6 years, Migao Group Holdings's highest Days Payable was 139.00. The lowest was 32.88. And the median was 60.00.
HKSE:09879's Days Payable is ranked worse than 77.14% of 245
companies
in the Agriculture industry
Industry Median: 72.38
vs HKSE:09879: 32.88
Migao Group Holdings's Days Payable
declined
from Mar. 2025 (41.32) to Mar. 2026 (25.95).
It may suggest that Migao Group Holdingsaccelerated paying its suppliers.
The historical data trend for Migao 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.
HKSE:09879 vs CTVA, CF, MOS: Days Payable Comparison
For the Agricultural Inputs subindustry, Migao 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.
Migao Group Holdings Days Payable vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Migao Group Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Migao Group Holdings'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.
Migao Group Holdings'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.
Migao Group Holdings (HKSE:09879) has a Days Payable of 25.95 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 Migao Group Holdings and its competitors. This is 57% below median its historical median of 60.00. Over the past decade, Migao Group Holdings' Days Payable has ranged from 32.88 to 139.00. According to the industry distribution chart, Migao Group Holdings ranks #189 out of 245 companies in the Agriculture industry, placing it in the top 77.1%.
Is Migao Group Holdings' Days Payable too high?
Migao Group Holdings' current Days Payable of 25.95 is 57% below median its 10-year median of 60.00. Over the past 10 years, this metric has ranged from a low of 32.88 to a high of 139.00. The Agriculture industry median Days Payable is 72.38. Migao Group Holdings' value of 25.95 is 64.1% below this industry median. Based on the distribution chart, Migao Group Holdings ranks #189 out of 245 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Migao Group Holdings ranks #189 out of 245 companies for Days Payable. This places Migao Group Holdings in the lower half of its industry. The industry median Days Payable is 72.38. Migao Group Holdings' value of 25.95 is 64.1% below this benchmark. Historically, Migao Group Holdings' own Days Payable has ranged from 32.88 to 139.00 over the past decade. While the company's 10-year median is 60.00 vs. the industry median of 72.38, Migao 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.38, based on 245 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. Migao Group Holdings's current Days Payable of 25.95 is 64.1% 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 Migao Group Holdings and its competitors. For the Agriculture industry, the median Days Payable is 72.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migao Group Holdings's current Days Payable is 25.95, which is 57% below median its own 10-year median of 60.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Days Payable of 25.95. The current Days Payable is 25.95, which is 57% below median its 10-year median of 60.00 and 64.1% below the Agriculture industry median of 72.38. Migao Group Holdings' overall GF Score™ is 44/100 with 6 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 Migao Group Holdings (HKSE:09879), the current Days Payable is 25.95 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.
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score
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