Kwan Yong Holdings (HKSE:09998) Days Payable: 43.12 (As of Dec. 2025) — 24% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09998 Kwan Yong Holdings Ltd HKSE:09998
63 GF Score
Price HK$0.43
GF Value HK$0.36
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kwan Yong Holdings Days Payable?

Kwan Yong Holdings HKSE:09998 +1.18% 63 Days Payable is 43.12 as of Dec. 2025, which is 24% below its 10-year median of 56.78. GuruFocus rates HKSE:09998 with a GF Score™ of 63/100 and a GF Value™ of HK$0.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,718 Construction companies, Kwan Yong Holdings ranks worse than 76.25% on this metric.

Kwan Yong Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$150 Mil. Kwan Yong Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$636 Mil. Hence, Kwan Yong Holdings's Days Payable for the six months ended in Dec. 2025 was 43.12.

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

HKSE:09998' s Days Payable Range Over the Past 10 Years
Min: 31.14   Med: 56.78   Max: 100.84
Current: 43.37

During the past 9 years, Kwan Yong Holdings's highest Days Payable was 100.84. The lowest was 31.14. And the median was 56.78.

HKSE:09998's Days Payable is ranked worse than
76.25% of 1718 companies
in the Construction industry
Industry Median: 76.61 vs HKSE:09998: 43.37

Kwan Yong Holdings's Days Payable declined from Dec. 2024 (44.53) to Dec. 2025 (43.12). It may suggest that Kwan Yong Holdings accelerated paying its suppliers.


Kwan Yong Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kwan Yong 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.

Kwan Yong Holdings Days Payable Chart

Kwan Yong Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only 100.84 60.14 42.46 46.24 31.14

Kwan Yong Holdings Semi-Annual Data
Jun17 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 54.42 56.79 44.53 38.99 43.12

HKSE:09998 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kwan Yong 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.


Kwan Yong Holdings Days Payable vs Construction Industry

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

* The bar in red indicates where Kwan Yong Holdings's Days Payable falls into.


HKSE:09998
63GF Score
Kwan Yong Holdings Ltd HKSE:09998
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwan Yong 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.

Kwan Yong Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (100.871 + 123.968) / 2 ) / 1317.543*365
=112.4195 / 1317.543*365
=31.14

Kwan Yong Holdings'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
=( (123.968 + 176.667) / 2 ) / 636.203*365 / 2
=150.3175 / 636.203*365 / 2
=43.12

* 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 43.12 mean?
Kwan Yong Holdings (HKSE:09998) has a Days Payable of 43.12 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 Kwan Yong Holdings and its competitors. This is 24% below median its historical median of 56.78. Over the past decade, Kwan Yong Holdings' Days Payable has ranged from 31.14 to 100.84. According to the industry distribution chart, Kwan Yong Holdings ranks #1310 out of 1718 companies in the Construction industry, placing it in the top 76.3%.
Is Kwan Yong Holdings' Days Payable too high?
Kwan Yong Holdings' current Days Payable of 43.12 is 24% below median its 10-year median of 56.78. Over the past 10 years, this metric has ranged from a low of 31.14 to a high of 100.84. The Construction industry median Days Payable is 76.61. Kwan Yong Holdings' value of 43.12 is 43.7% below this industry median. Based on the distribution chart, Kwan Yong Holdings ranks #1310 out of 1718 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kwan Yong Holdings has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kwan Yong Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kwan Yong Holdings ranks #1310 out of 1718 companies for Days Payable. This places Kwan Yong Holdings in the lower half of its industry. The industry median Days Payable is 76.61. Kwan Yong Holdings' value of 43.12 is 43.7% below this benchmark. Historically, Kwan Yong Holdings' own Days Payable has ranged from 31.14 to 100.84 over the past decade. While the company's 10-year median is 56.78 vs. the industry median of 76.61, Kwan Yong 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 76.61, based on 1,718 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. Kwan Yong Holdings's current Days Payable of 43.12 is 43.7% 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 Kwan Yong Holdings and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwan Yong Holdings's current Days Payable is 43.12, which is 24% below median its own 10-year median of 56.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwan Yong Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kwan Yong Holdings (HKSE:09998) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.43 — trading 19.4% above its estimated fair value. The current Days Payable is 43.12, which is 24% below median its 10-year median of 56.78 and 43.7% below the Construction industry median of 76.61. Kwan Yong Holdings' overall GF Score™ is 63/100 with 2 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 Kwan Yong Holdings (HKSE:09998), the current Days Payable is 43.12 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 Kwan Yong Holdings (HKSE:09998) Overvalued in 2026?

Based on GuruFocus' analysis, Kwan Yong Holdings stock appears to be overvalued. The current stock price of HK$0.43 is trading 19.4% above its estimated GF Value™ of HK$0.36. GuruFocus considers Kwan Yong Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:09998:

  • Days Payable: 43.12 (24% below median its 10-year median of 56.78)
  • GF Value™: HK$0.36 vs. price of HK$0.43 (19.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 43.7% below the Construction median (#1310 of 1718)

No single metric tells the full story. See the HKSE:09998 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwan Yong Holdings Business Description

Address 11 Joo Koon Crescent, Singapore, SGP, 629022
Kwan Yong Holdings Ltd is engaged in the provision of building construction works in Singapore. The company constructs various types of buildings, including institutional buildings such as educational institutions, hospitals and nursing homes; commercial buildings such as office buildings and restaurants; and industrial and residential buildings. The projects of the company include Childcare at Rivervale, Childcare at Punggol Drive, Alexandra Primary School, Ngee Ann Polytechnic, and others. It has three segments: Construction, Property, and Corporate. The majority of its revenue is generated from the Construction segment, which provides general building and construction services. Geographically, the company derives revenue from its customers based in Singapore.
63GF Score

Get the complete analysis for HKSE:09998

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

HK$0.43
Price
HK$0.36
GF Value