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* 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.
Horizon Construction Development Days Payable Chart
HKSE:09930 vs URI, SUNB, AER: Days Payable Comparison
For the Rental & Leasing Services subindustry, Horizon Construction Development'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.
Horizon Construction Development Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Horizon Construction Development's Days Payable distribution charts can be found below:
* The bar in red indicates where Horizon Construction Development's Days Payable falls into.
Horizon Construction Development 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.
* 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.
Horizon Construction Development (HKSE:09930) has a Days Payable of 186.72 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Horizon Construction Development and its competitors. This is 62% above median its historical median of 115.41. Over the past decade, Horizon Construction Development's Days Payable has ranged from 83.79 to 162.36. According to the industry distribution chart, Horizon Construction Development ranks #146 out of 949 companies in the Business Services industry, placing it in the top 15.4%.
Is Horizon Construction Development's Days Payable too high?
Horizon Construction Development's current Days Payable of 186.72 is 62% above median its 10-year median of 115.41. Over the past 10 years, this metric has ranged from a low of 83.79 to a high of 162.36. The Business Services industry median Days Payable is 43.81. Horizon Construction Development's value of 186.72 is 326.2% above this industry median. Based on the distribution chart, Horizon Construction Development ranks #146 out of 949 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Construction Development has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Horizon Construction Development ranks #146 out of 949 companies for Days Payable. This places Horizon Construction Development in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.81. Horizon Construction Development's value of 186.72 is 326.2% above this benchmark. Historically, Horizon Construction Development's own Days Payable has ranged from 83.79 to 162.36 over the past decade. While the company's 10-year median is 115.41 vs. the industry median of 43.81, Horizon Construction Development 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 Business Services company?
The median Days Payable among Business Services companies is 43.81, based on 949 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. Horizon Construction Development's current Days Payable of 186.72 is 326.2% 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 Horizon Construction Development and its competitors. For the Business Services industry, the median Days Payable is 43.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Construction Development's current Days Payable is 186.72, which is 62% above median its own 10-year median of 115.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Based on GuruFocus' analysis, Horizon Construction Development (HKSE:09930) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.20, compared to a current price of HK$0.74 — trading 38.8% below its estimated fair value. The current Days Payable is 186.72, which is 62% above median its 10-year median of 115.41 and 326.2% above the Business Services industry median of 43.81. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (HKSE:09930), the current Days Payable is 186.72 as of Jun. 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 Horizon Construction Development (HKSE:09930) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of HK$0.74 is trading 38.8% below its estimated GF Value™ of HK$1.20.
GuruFocus considers Horizon Construction Development to be Possible Value Trap.
Key valuation signals for HKSE:09930:
Days Payable: 186.72 (62% above median its 10-year median of 115.41)
GF Value™: HK$1.20 vs. price of HK$0.74 (38.8% below fair value)
Industry Position: 326.2% above the Business Services median (#146 of 949)
No single metric tells the full story. See the HKSE:09930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score
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