Huijing Holdings Co (HKSE:09968) Days Payable: 1,366.09 (As of Dec. 2025) — 207% Above Median

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What is Huijing Holdings Co Days Payable?

Huijing Holdings Co HKSE:09968 +2.00% Days Payable is 1,366.09 as of Dec. 2025, which is 207% above its 10-year median of 445.04. The stock has 8 warning signs investors should review. Among 1,573 Real Estate companies, Huijing Holdings Co ranks better than 95.61% on this metric.

Huijing Holdings Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,080.9 Mil. Huijing Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$144.4 Mil. Hence, Huijing Holdings Co's Days Payable for the six months ended in Dec. 2025 was 1,366.09.

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

HKSE:09968' s Days Payable Range Over the Past 10 Years
Min: 168.43   Med: 445.04   Max: 7355.06
Current: 1578.6

During the past 10 years, Huijing Holdings Co's highest Days Payable was 7355.06. The lowest was 168.43. And the median was 445.04.

HKSE:09968's Days Payable is ranked better than
95.61% of 1573 companies
in the Real Estate industry
Industry Median: 94.48 vs HKSE:09968: 1578.60

Huijing Holdings Co's Days Payable declined from Dec. 2024 (1,464.00) to Dec. 2025 (1,366.09). It may suggest that Huijing Holdings Co accelerated paying its suppliers.


Huijing Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Huijing Holdings Co'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.

Huijing Holdings Co Days Payable Chart

Huijing Holdings Co 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 168.43 7,355.06 711.26 2,672.93 1,579.21

Huijing Holdings Co 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 414.09 15,450.69 1,464.00 1,808.79 1,366.09

Huijing Holdings Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Huijing Holdings Co'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.


Huijing Holdings Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Huijing Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huijing Holdings Co's Days Payable falls into.



Huijing Holdings Co 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.

Huijing Holdings Co'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
=( (1375.751 + 995.351) / 2 ) / 274.014*365
=1185.551 / 274.014*365
=1,579.21

Huijing Holdings Co'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
=( (1166.402 + 995.351) / 2 ) / 144.397*365 / 2
=1080.8765 / 144.397*365 / 2
=1,366.09

* 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 1,366.09 mean?
Huijing Holdings Co (HKSE:09968) has a Days Payable of 1,366.09 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 Huijing Holdings Co and its competitors. This is 207% above median its historical median of 445.04. Over the past decade, Huijing Holdings Co's Days Payable has ranged from 168.43 to 7,355.06. According to the industry distribution chart, Huijing Holdings Co ranks #69 out of 1573 companies in the Real Estate industry, placing it in the top 4.4%.
Is Huijing Holdings Co's Days Payable too high?
Huijing Holdings Co's current Days Payable of 1,366.09 is 207% above median its 10-year median of 445.04. Over the past 10 years, this metric has ranged from a low of 168.43 to a high of 7,355.06. The Real Estate industry median Days Payable is 94.48. Huijing Holdings Co's value of 1,366.09 is 1345.9% above this industry median. Based on the distribution chart, Huijing Holdings Co ranks #69 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Huijing Holdings Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Huijing Holdings Co ranks #69 out of 1573 companies for Days Payable. This places Huijing Holdings Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.48. Huijing Holdings Co's value of 1,366.09 is 1345.9% above this benchmark. Historically, Huijing Holdings Co's own Days Payable has ranged from 168.43 to 7,355.06 over the past decade. While the company's 10-year median is 445.04 vs. the industry median of 94.48, Huijing Holdings Co 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.48, based on 1,573 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. Huijing Holdings Co's current Days Payable of 1,366.09 is 1345.9% 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 Huijing Holdings Co and its competitors. For the Real Estate industry, the median Days Payable is 94.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huijing Holdings Co's current Days Payable is 1,366.09, which is 207% above median its own 10-year median of 445.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huijing Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Huijing Holdings Co (HKSE:09968) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.05 — trading 155% above its estimated fair value. The current Days Payable is 1,366.09, which is 207% above median its 10-year median of 445.04 and 1345.9% above the Real Estate industry median of 94.48. 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 Huijing Holdings Co (HKSE:09968), the current Days Payable is 1,366.09 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.

Huijing Holdings Co Business Description

Address 1, Beihuan Lu, Houjiezhen, Guangdong, Dongguan, CHN
Huijing Holdings Co Ltd is an investment holding company principally engaged in property development and investment in the People's Republic of China. The company is engaged in one single operating segment, the property development and investment business. The company generates majority of its revenue from China.