HOKCF (Hong Kong and China Gas Co) Days Payable: 48.52 (As of Dec. 2025) — Near Median


HOKCF Hong Kong and China Gas Co Ltd HOKCF
52 GF Score
Price $0.90
GF Value $0.84
Valuation Fairly Valued
! 7 Warning Signs
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What is Hong Kong and China Gas Co Days Payable?

Hong Kong and China Gas Co HOKCF 52 Days Payable is 48.52 as of Dec. 2025, which is 8% below its 10-year median of 52.94. GuruFocus rates HOKCF with a GF Score™ of 52/100 and a GF Value™ of $0.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 483 Utilities - Regulated companies, Hong Kong and China Gas Co ranks worse than 63.98% on this metric.

Hong Kong and China Gas Co's average Accounts Payable for the six months ended in Dec. 2025 was $586 Mil. Hong Kong and China Gas Co's Cost of Goods Sold for the six months ended in Dec. 2025 was $2,205 Mil. Hence, Hong Kong and China Gas Co's Days Payable for the six months ended in Dec. 2025 was 48.52.

The historical rank and industry rank for Hong Kong and China Gas Co's Days Payable or its related term are showing as below:

HOKCF' s Days Payable Range Over the Past 10 Years
Min: 38.97   Med: 52.94   Max: 74.96
Current: 51.47

During the past 13 years, Hong Kong and China Gas Co's highest Days Payable was 74.96. The lowest was 38.97. And the median was 52.94.

HOKCF's Days Payable is ranked worse than
63.98% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs HOKCF: 51.47

Hong Kong and China Gas Co's Days Payable declined from Dec. 2024 (52.43) to Dec. 2025 (48.52). It may suggest that Hong Kong and China Gas Co accelerated paying its suppliers.


Hong Kong and China Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hong Kong and China Gas 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.

Hong Kong and China Gas Co Days Payable Chart

Hong Kong and China Gas 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 43.28 38.94 47.41 53.02 52.75

Hong Kong and China Gas Co Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 45.54 52.29 52.43 53.36 48.52

HOKCF vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas 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.


Hong Kong and China Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Days Payable falls into.


HOKCF
52GF Score
Hong Kong and China Gas Co Ltd HOKCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong and China Gas 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.

Hong Kong and China Gas 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
=( (635.359 + 602.714) / 2 ) / 4283.454*365
=619.0365 / 4283.454*365
=52.75

Hong Kong and China Gas 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
=( (569.719 + 602.714) / 2 ) / 2204.825*365 / 2
=586.2165 / 2204.825*365 / 2
=48.52

* 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 48.52 mean?
Hong Kong and China Gas Co (HOKCF) has a Days Payable of 48.52 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 Hong Kong and China Gas Co and its competitors. This is near median its historical median of 52.94. Over the past decade, Hong Kong and China Gas Co's Days Payable has ranged from 38.97 to 74.96. According to the industry distribution chart, Hong Kong and China Gas Co ranks #309 out of 483 companies in the Utilities - Regulated industry, placing it in the top 64%.
Is Hong Kong and China Gas Co's Days Payable too high?
Hong Kong and China Gas Co's current Days Payable of 48.52 is near median its 10-year median of 52.94. Over the past 10 years, this metric has ranged from a low of 38.97 to a high of 74.96. The Utilities - Regulated industry median Days Payable is 70.35. Hong Kong and China Gas Co's value of 48.52 is 31% below this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #309 out of 483 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hong Kong and China Gas Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #309 out of 483 companies for Days Payable. This places Hong Kong and China Gas Co in the lower half of its industry. The industry median Days Payable is 70.35. Hong Kong and China Gas Co's value of 48.52 is 31% below this benchmark. Historically, Hong Kong and China Gas Co's own Days Payable has ranged from 38.97 to 74.96 over the past decade. While the company's 10-year median is 52.94 vs. the industry median of 70.35, Hong Kong and China Gas Co 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Hong Kong and China Gas Co's current Days Payable of 48.52 is 31% 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 Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong and China Gas Co's current Days Payable is 48.52, which is near median its own 10-year median of 52.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong and China Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong and China Gas Co (HOKCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.84, compared to a current price of $0.90 — trading 7.5% above its estimated fair value. The current Days Payable is 48.52, which is near median its 10-year median of 52.94 and 31% below the Utilities - Regulated industry median of 70.35. Hong Kong and China Gas Co's overall GF Score™ is 52/100 with 7 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 Hong Kong and China Gas Co (HOKCF), the current Days Payable is 48.52 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 Hong Kong and China Gas Co (HOKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued. The current stock price of $0.90 is trading 7.5% above its estimated GF Value™ of $0.84. GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.

Key valuation signals for HOKCF:

  • Days Payable: 48.52 (near median its 10-year median of 52.94)
  • GF Value™: $0.84 vs. price of $0.90 (7.5% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 31% below the Utilities - Regulated median (#309 of 483)

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


Hong Kong and China Gas Co Business Description

Address 363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. The company is also investing in water, upstream gas, and new energies. The Group's principal activities are the production, distribution, and marketing of gas and related products or services, water supply and waste treatment, renewable energy businesses, extended businesses, and fuels businesses (Green Fuels) in Hong Kong and the Chinese mainland. The company operates in three segments: Gas, water and waste treatment, renewable energy, extended businesses, and related businesses, Green Fuels, and Property.
52GF Score

Get the complete analysis for HOKCF

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

$0.90
Price
$0.84
GF Value