Pizu Group Holdings (HKSE:09893) Days Payable: 103.32 (As of Mar. 2026) — Near Median

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HKSE:09893 Pizu Group Holdings Ltd HKSE:09893
59 GF Score
Price HK$1.71
GF Value HK$0.42
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pizu Group Holdings Days Payable?

Pizu Group Holdings HKSE:09893 59 Days Payable is 103.32 as of Mar. 2026, which is 2% above its 10-year median of 101.41. GuruFocus rates HKSE:09893 with a GF Score™ of 59/100 and a GF Value™ of HK$0.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Pizu Group Holdings ranks better than 81.34% on this metric.

Pizu Group Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$317 Mil. Pizu Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$560 Mil. Hence, Pizu Group Holdings's Days Payable for the six months ended in Mar. 2026 was 103.32.

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

HKSE:09893' s Days Payable Range Over the Past 10 Years
Min: 5.62   Med: 101.41   Max: 214.24
Current: 116.36

During the past 13 years, Pizu Group Holdings's highest Days Payable was 214.24. The lowest was 5.62. And the median was 101.41.

HKSE:09893's Days Payable is ranked better than
81.34% of 1554 companies
in the Chemicals industry
Industry Median: 59.73 vs HKSE:09893: 116.36

Pizu Group Holdings's Days Payable increased from Mar. 2025 (100.51) to Mar. 2026 (103.32). It may suggest that Pizu Group Holdings delayed paying its suppliers.


Pizu Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Pizu 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.

Pizu Group Holdings Days Payable Chart

Pizu Group 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 143.54 182.10 214.24 129.30 111.01

Pizu Group Holdings 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 173.46 116.91 100.51 136.74 103.32

HKSE:09893 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Pizu 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.


Pizu Group Holdings Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pizu Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:09893
59GF Score
Pizu Group Holdings Ltd HKSE:09893
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pizu Group 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.

Pizu Group 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
=( (324.532 + 295.802) / 2 ) / 1019.854*365
=310.167 / 1019.854*365
=111.01

Pizu Group 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
=( (338.428 + 295.802) / 2 ) / 560.112*365 / 2
=317.115 / 560.112*365 / 2
=103.32

* 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 103.32 mean?
Pizu Group Holdings (HKSE:09893) has a Days Payable of 103.32 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 Pizu Group Holdings and its competitors. This is near median its historical median of 101.41. Over the past decade, Pizu Group Holdings' Days Payable has ranged from 5.62 to 214.24. According to the industry distribution chart, Pizu Group Holdings ranks #290 out of 1554 companies in the Chemicals industry, placing it in the top 18.7%.
Is Pizu Group Holdings' Days Payable too high?
Pizu Group Holdings' current Days Payable of 103.32 is near median its 10-year median of 101.41. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 214.24. The Chemicals industry median Days Payable is 59.73. Pizu Group Holdings' value of 103.32 is 73% above this industry median. Based on the distribution chart, Pizu Group Holdings ranks #290 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Pizu Group Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pizu Group Holdings' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Pizu Group Holdings ranks #290 out of 1554 companies for Days Payable. This places Pizu Group Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.73. Pizu Group Holdings' value of 103.32 is 73% above this benchmark. Historically, Pizu Group Holdings' own Days Payable has ranged from 5.62 to 214.24 over the past decade. While the company's 10-year median is 101.41 vs. the industry median of 59.73, Pizu Group 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.73, based on 1,554 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. Pizu Group Holdings's current Days Payable of 103.32 is 73% 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 Pizu Group Holdings and its competitors. For the Chemicals industry, the median Days Payable is 59.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizu Group Holdings's current Days Payable is 103.32, which is near median its own 10-year median of 101.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pizu Group Holdings (HKSE:09893) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$1.71 — trading 307.1% above its estimated fair value. The current Days Payable is 103.32, which is near median its 10-year median of 101.41 and 73% above the Chemicals industry median of 59.73. Pizu Group Holdings' overall GF Score™ is 59/100 with 4 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 Pizu Group Holdings (HKSE:09893), the current Days Payable is 103.32 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 Pizu Group Holdings (HKSE:09893) Overvalued in 2026?

Based on GuruFocus' analysis, Pizu Group Holdings stock appears to be overvalued. The current stock price of HK$1.71 is trading 307.1% above its estimated GF Value™ of HK$0.42. GuruFocus considers Pizu Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09893:

  • Days Payable: 103.32 (near median its 10-year median of 101.41)
  • GF Value™: HK$0.42 vs. price of HK$1.71 (307.1% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 73% above the Chemicals median (#290 of 1554)

No single metric tells the full story. See the HKSE:09893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pizu Group Holdings Business Description

Address 168-200 Connaught Road Central, Unit 07, 21st Floor, West Tower, Sheung Wan, Hong Kong, HKG
Pizu Group Holdings Ltd is an investment holding company. It is involved in the segments of Mining operation which involves the mining, and processing of pyrite, iron ore, and copper and the sales of the said mineral products in the PRC; Explosives trading and blasting services involving the manufacturing and sale of explosives and provision of blasting operations in the PRC and Tajikistan; and Bulk mineral trade which covers the trading of non-ferrous metals and minerals in Hong Kong and the PRC. It derives key revenue from the mining segment.
59GF Score

Get the complete analysis for HKSE:09893

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

HK$1.71
Price
HK$0.42
GF Value