GHW International (HKSE:09933) Days Payable: 35.73 (As of Dec. 2025) — 10% Above Median

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HKSE:09933 GHW International HKSE:09933
85 GF Score
Price HK$1.68
GF Value HK$1.79
Valuation Fairly Valued
! 6 Warning Signs
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What is GHW International Days Payable?

GHW International HKSE:09933 -0.59% 85 Days Payable is 35.73 as of Dec. 2025, which is 10% above its 10-year median of 32.39. GuruFocus rates HKSE:09933 with a GF Score™ of 85/100 and a GF Value™ of HK$1.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, GHW International ranks worse than 70.26% on this metric.

GHW International's average Accounts Payable for the six months ended in Dec. 2025 was HK$447 Mil. GHW International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,282 Mil. Hence, GHW International's Days Payable for the six months ended in Dec. 2025 was 35.73.

The historical rank and industry rank for GHW International's Days Payable or its related term are showing as below:

HKSE:09933' s Days Payable Range Over the Past 10 Years
Min: 27.49   Med: 32.39   Max: 41.09
Current: 39.08

During the past 10 years, GHW International's highest Days Payable was 41.09. The lowest was 27.49. And the median was 32.39.

HKSE:09933's Days Payable is ranked worse than
70.26% of 1560 companies
in the Chemicals industry
Industry Median: 59.51 vs HKSE:09933: 39.08

GHW International's Days Payable declined from Dec. 2024 (40.93) to Dec. 2025 (35.73). It may suggest that GHW International accelerated paying its suppliers.


GHW International Days Payable Historical Data

* Premium members only.

The historical data trend for GHW International'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.

GHW International Days Payable Chart

GHW International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.49 31.73 33.98 36.05 40.07

GHW International Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 30.23 40.77 40.93 41.90 35.73

HKSE:09933 vs DOW: Days Payable Comparison

For the Chemicals subindustry, GHW International'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.


GHW International Days Payable vs Chemicals Industry

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

* The bar in red indicates where GHW International's Days Payable falls into.


HKSE:09933
85GF Score
GHW International HKSE:09933
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GHW International 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.

GHW International's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (431.365 + 478.738) / 2 ) / 4145.294*365
=455.0515 / 4145.294*365
=40.07

GHW International's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (415.038 + 478.738) / 2 ) / 2282.453*365 / 2
=446.888 / 2282.453*365 / 2
=35.73

* 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 35.73 mean?
GHW International (HKSE:09933) has a Days Payable of 35.73 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GHW International and its competitors. This is 10% above median its historical median of 32.39. Over the past decade, GHW International's Days Payable has ranged from 27.49 to 41.09. According to the industry distribution chart, GHW International ranks #1096 out of 1560 companies in the Chemicals industry, placing it in the top 70.3%.
Is GHW International's Days Payable too high?
GHW International's current Days Payable of 35.73 is 10% above median its 10-year median of 32.39. Over the past 10 years, this metric has ranged from a low of 27.49 to a high of 41.09. The Chemicals industry median Days Payable is 59.51. GHW International's value of 35.73 is 40% below this industry median. Based on the distribution chart, GHW International ranks #1096 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, GHW International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GHW International's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, GHW International ranks #1096 out of 1560 companies for Days Payable. This places GHW International in the lower half of its industry. The industry median Days Payable is 59.51. GHW International's value of 35.73 is 40% below this benchmark. Historically, GHW International's own Days Payable has ranged from 27.49 to 41.09 over the past decade. While the company's 10-year median is 32.39 vs. the industry median of 59.51, GHW International 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.51, based on 1,560 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. GHW International's current Days Payable of 35.73 is 40% 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 GHW International and its competitors. For the Chemicals industry, the median Days Payable is 59.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GHW International's current Days Payable is 35.73, which is 10% above median its own 10-year median of 32.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHW International stock overvalued right now?
Based on GuruFocus' analysis, GHW International (HKSE:09933) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.79, compared to a current price of HK$1.68 — trading 6.4% below its estimated fair value. The current Days Payable is 35.73, which is 10% above median its 10-year median of 32.39 and 40% below the Chemicals industry median of 59.51. GHW International's overall GF Score™ is 85/100 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 GHW International (HKSE:09933), the current Days Payable is 35.73 as of Dec. 2025. 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 GHW International (HKSE:09933) Overvalued in 2026?

Based on GuruFocus' analysis, GHW International stock appears to be undervalued. The current stock price of HK$1.68 is trading 6.4% below its estimated GF Value™ of HK$1.79. GuruFocus considers GHW International to be Fairly Valued.

Key valuation signals for HKSE:09933:

  • Days Payable: 35.73 (10% above median its 10-year median of 32.39)
  • GF Value™: HK$1.79 vs. price of HK$1.68 (6.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 40% below the Chemicals median (#1096 of 1560)

No single metric tells the full story. See the HKSE:09933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHW International Business Description

Address No. 69 Aoti Street, Xincheng Science Park, 6th Building, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third-party manufacturers based in mainland China, the Southeast Asia region, Europe, and the United States. The company's business segment includes Methylamine Industry Series, Iodine derivatives and supporting products, Goldenhighway new materials, Advanced materials intermediates series, Green products, Healthcare and wellness, and Happy Elephant selections. Geographically, the company generates the majority of its revenue from the Mainland of China. It also has its presence in Europe; Vietnam; Other countries in Asia (excluding mainland China and Vietnam); and Others.
85GF Score

Get the complete analysis for HKSE:09933

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

HK$1.68
Price
HK$1.79
GF Value