HLP (Hongli Group) Days Payable: 46.69 (As of Dec. 2025) — Near Median


HLP Hongli Group Inc HLP
36 GF Score
Price $0.54
GF Value $0.35
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hongli Group Days Payable?

Hongli Group HLP +1.64% 36 Days Payable is 46.69 as of Dec. 2025, which is 4% above its 10-year median of 44.94. GuruFocus rates HLP with a GF Score™ of 36/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 599 Steel companies, Hongli Group ranks better than 53.09% on this metric.

Hongli Group's average Accounts Payable for the six months ended in Dec. 2025 was $1.77 Mil. Hongli Group's Cost of Goods Sold for the six months ended in Dec. 2025 was $6.92 Mil. Hence, Hongli Group's Days Payable for the six months ended in Dec. 2025 was 46.69.

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

HLP' s Days Payable Range Over the Past 10 Years
Min: 32.71   Med: 44.94   Max: 74.31
Current: 45.3

During the past 7 years, Hongli Group's highest Days Payable was 74.31. The lowest was 32.71. And the median was 44.94.

HLP's Days Payable is ranked better than
53.09% of 599 companies
in the Steel industry
Industry Median: 41.39 vs HLP: 45.30

Hongli Group's Days Payable declined from Dec. 2024 (49.26) to Dec. 2025 (46.69). It may suggest that Hongli Group accelerated paying its suppliers.


Hongli Group Days Payable Historical Data

* Premium members only.

The historical data trend for Hongli Group'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.

Hongli Group Days Payable Chart

Hongli Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 44.12 74.31 73.60 52.53 44.94

Hongli Group Semi-Annual Data
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 55.45 52.05 49.26 44.15 46.69

HLP vs HUDI, ZKIN, LUD: Days Payable Comparison

For the Steel subindustry, Hongli Group'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.


Hongli Group Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Hongli Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Hongli Group's Days Payable falls into.


HLP
36GF Score
Hongli Group Inc HLP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hongli Group 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.

Hongli Group'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
=( (1.38 + 1.876) / 2 ) / 13.222*365
=1.628 / 13.222*365
=44.94

Hongli Group'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
=( (1.667 + 1.876) / 2 ) / 6.924*365 / 2
=1.7715 / 6.924*365 / 2
=46.69

* 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 46.69 mean?
Hongli Group (HLP) has a Days Payable of 46.69 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 Hongli Group and its competitors. This is near median its historical median of 44.94. Over the past decade, Hongli Group's Days Payable has ranged from 32.71 to 74.31. According to the industry distribution chart, Hongli Group ranks #281 out of 599 companies in the Steel industry, placing it in the top 46.9%.
Is Hongli Group's Days Payable too high?
Hongli Group's current Days Payable of 46.69 is near median its 10-year median of 44.94. Over the past 10 years, this metric has ranged from a low of 32.71 to a high of 74.31. The Steel industry median Days Payable is 41.39. Hongli Group's value of 46.69 is 12.8% above this industry median. Based on the distribution chart, Hongli Group ranks #281 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Hongli Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hongli Group's Days Payable compare to HUDI and ZKIN?
According to the Steel industry distribution chart, Hongli Group ranks #281 out of 599 companies for Days Payable. This puts Hongli Group in the upper half of its industry. The industry median Days Payable is 41.39. Hongli Group's value of 46.69 is 12.8% above this benchmark. Historically, Hongli Group's own Days Payable has ranged from 32.71 to 74.31 over the past decade. While the company's 10-year median is 44.94 vs. the industry median of 41.39, Hongli Group 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 599 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. Hongli Group's current Days Payable of 46.69 is 12.8% 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 Hongli Group and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hongli Group's current Days Payable is 46.69, which is near median its own 10-year median of 44.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongli Group stock overvalued right now?
Based on GuruFocus' analysis, Hongli Group (HLP) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.35, compared to a current price of $0.54 — trading 52.9% above its estimated fair value. The current Days Payable is 46.69, which is near median its 10-year median of 44.94 and 12.8% above the Steel industry median of 41.39. Hongli Group's overall GF Score™ is 36/100 with 4 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 Hongli Group (HLP), the current Days Payable is 46.69 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 Hongli Group (HLP) Overvalued in 2026?

Based on GuruFocus' analysis, Hongli Group stock appears to be overvalued. The current stock price of $0.54 is trading 52.9% above its estimated GF Value™ of $0.35. GuruFocus considers Hongli Group to be Significantly Overvalued.

Key valuation signals for HLP:

  • Days Payable: 46.69 (near median its 10-year median of 44.94)
  • GF Value™: $0.35 vs. price of $0.54 (52.9% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 12.8% above the Steel median (#281 of 599)

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


Hongli Group Business Description

Address No. 777, Daiyi Road, Changle County, Shandong Province, Weifang, CHN, 262400
Hongli Group Inc is an offshore holding company. Through its subsidiaries, it is engaged in the cold-rolled steel profile manufacturing in China. Its main business operation focuses on the design, production, deep processing, and sales of custom-made profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture, and transportation industries. The group operates in a single segment, which manufactures and sells agricultural machinery cab assemblies, construction machinery cab assemblies, excavator cab assemblies, and special-shaped steel pipes. It generates the majority of its reveneue from PRC.
36GF Score

Get the complete analysis for HLP

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

$0.54
Price
$0.35
GF Value