Chi Kan Holdings (HKSE:09913) Days Payable: 10.90 (As of Mar. 2026) — 52% Below Median

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HKSE:09913 Chi Kan Holdings Ltd HKSE:09913
67 GF Score
Price HK$2.32
GF Value HK$1.72
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Chi Kan Holdings Days Payable?

Chi Kan Holdings HKSE:09913 -1.91% 67 Days Payable is 10.90 as of Mar. 2026, which is 52% below its 10-year median of 22.74. GuruFocus rates HKSE:09913 with a GF Score™ of 67/100 and a GF Value™ of HK$1.72 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,719 Construction companies, Chi Kan Holdings ranks worse than 95.93% on this metric.

Chi Kan Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$20 Mil. Chi Kan Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$341 Mil. Hence, Chi Kan Holdings's Days Payable for the six months ended in Mar. 2026 was 10.90.

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

HKSE:09913' s Days Payable Range Over the Past 10 Years
Min: 7.97   Med: 22.74   Max: 37.95
Current: 17.96

During the past 9 years, Chi Kan Holdings's highest Days Payable was 37.95. The lowest was 7.97. And the median was 22.74.

HKSE:09913's Days Payable is ranked worse than
95.93% of 1719 companies
in the Construction industry
Industry Median: 76.33 vs HKSE:09913: 17.96

Chi Kan Holdings's Days Payable declined from Mar. 2025 (22.97) to Mar. 2026 (10.90). It may suggest that Chi Kan Holdings accelerated paying its suppliers.


Chi Kan Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Chi Kan 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.

Chi Kan Holdings Days Payable Chart

Chi Kan Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 26.44 37.95 34.89 17.21 22.74

Chi Kan Holdings Semi-Annual Data
Mar18 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 20.51 17.10 22.97 25.50 10.90

HKSE:09913 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Chi Kan 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.


Chi Kan Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Chi Kan Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Chi Kan Holdings's Days Payable falls into.


HKSE:09913
67GF Score
Chi Kan Holdings Ltd HKSE:09913
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chi Kan 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.

Chi Kan 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
=( (33.253 + 29.164) / 2 ) / 501.008*365
=31.2085 / 501.008*365
=22.74

Chi Kan 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
=( (11.548 + 29.164) / 2 ) / 340.693*365 / 2
=20.356 / 340.693*365 / 2
=10.90

* 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 10.90 mean?
Chi Kan Holdings (HKSE:09913) has a Days Payable of 10.90 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 Chi Kan Holdings and its competitors. This is 52% below median its historical median of 22.74. Over the past decade, Chi Kan Holdings' Days Payable has ranged from 7.97 to 37.95. According to the industry distribution chart, Chi Kan Holdings ranks #1649 out of 1719 companies in the Construction industry, placing it in the top 95.9%.
Is Chi Kan Holdings' Days Payable too high?
Chi Kan Holdings' current Days Payable of 10.90 is 52% below median its 10-year median of 22.74. Over the past 10 years, this metric has ranged from a low of 7.97 to a high of 37.95. The Construction industry median Days Payable is 76.33. Chi Kan Holdings' value of 10.90 is 85.7% below this industry median. Based on the distribution chart, Chi Kan Holdings ranks #1649 out of 1719 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Chi Kan Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chi Kan Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Chi Kan Holdings ranks #1649 out of 1719 companies for Days Payable. This places Chi Kan Holdings in the lower half of its industry. The industry median Days Payable is 76.33. Chi Kan Holdings' value of 10.90 is 85.7% below this benchmark. Historically, Chi Kan Holdings' own Days Payable has ranged from 7.97 to 37.95 over the past decade. While the company's 10-year median is 22.74 vs. the industry median of 76.33, Chi Kan 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,719 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. Chi Kan Holdings's current Days Payable of 10.90 is 85.7% 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 Chi Kan Holdings and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Kan Holdings's current Days Payable is 10.90, which is 52% below median its own 10-year median of 22.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Kan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chi Kan Holdings (HKSE:09913) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.72, compared to a current price of HK$2.32 — trading 34.6% above its estimated fair value. The current Days Payable is 10.90, which is 52% below median its 10-year median of 22.74 and 85.7% below the Construction industry median of 76.33. Chi Kan Holdings' overall GF Score™ is 67/100 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 Chi Kan Holdings (HKSE:09913), the current Days Payable is 10.90 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 Chi Kan Holdings (HKSE:09913) Overvalued in 2026?

Based on GuruFocus' analysis, Chi Kan Holdings stock appears to be overvalued. The current stock price of HK$2.32 is trading 34.6% above its estimated GF Value™ of HK$1.72. GuruFocus considers Chi Kan Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09913:

  • Days Payable: 10.90 (52% below median its 10-year median of 22.74)
  • GF Value™: HK$1.72 vs. price of HK$2.32 (34.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 85.7% below the Construction median (#1649 of 1719)

No single metric tells the full story. See the HKSE:09913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chi Kan Holdings Business Description

Address 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG
Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminum and steel. It also engages in the E-commerce business in the People's Republic of China which includes online trading of products. The company's operating segments are; Construction business which generates maximum revenue; and the E-commerce business. Geographically, it derives key revenue from Hong Kong.
67GF Score

Get the complete analysis for HKSE:09913

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

HK$2.32
Price
HK$1.72
GF Value