PHOE (Phoenix Asia Holdings) Days Payable: 35.09 (As of Mar. 2026) — 55% Below Median

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PHOE Phoenix Asia Holdings Ltd PHOE
21 GF Score
Price $21.89
! 3 Warning Signs
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What is Phoenix Asia Holdings Days Payable?

Phoenix Asia Holdings PHOE -1.84% 21 Days Payable is 35.09 as of Mar. 2026, which is 55% below its 10-year median of 77.22. GuruFocus rates PHOE with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,718 Construction companies, Phoenix Asia Holdings ranks worse than 67.81% on this metric.

Phoenix Asia Holdings's average Accounts Payable for the six months ended in Mar. 2026 was $0.79 Mil. Phoenix Asia Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was $4.11 Mil. Hence, Phoenix Asia Holdings's Days Payable for the six months ended in Mar. 2026 was 35.09.

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

PHOE' s Days Payable Range Over the Past 10 Years
Min: 50.99   Med: 77.22   Max: 99.21
Current: 51.84

During the past 4 years, Phoenix Asia Holdings's highest Days Payable was 99.21. The lowest was 50.99. And the median was 77.22.

PHOE's Days Payable is ranked worse than
67.81% of 1718 companies
in the Construction industry
Industry Median: 76.61 vs PHOE: 51.84

Phoenix Asia Holdings's Days Payable declined from Mar. 2025 (88.72) to Mar. 2026 (35.09). It may suggest that Phoenix Asia Holdings accelerated paying its suppliers.


Phoenix Asia Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Phoenix Asia 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.

Phoenix Asia Holdings Days Payable Chart

Phoenix Asia Holdings Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
76.60 77.84 99.21 50.99

Phoenix Asia Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 138.28 85.46 88.72 77.72 35.09

PHOE vs BWMN, ORN, MTRX: Days Payable Comparison

For the Engineering & Construction subindustry, Phoenix Asia 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.


Phoenix Asia Holdings Days Payable vs Construction Industry

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

* The bar in red indicates where Phoenix Asia Holdings's Days Payable falls into.


PHOE
21GF Score
Phoenix Asia Holdings Ltd PHOE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Asia 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.

Phoenix Asia Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1.351 + 0.57) / 2 ) / 6.876*365
=0.9605 / 6.876*365
=50.99

Phoenix Asia Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1.009 + 0.57) / 2 ) / 4.106*365 / 2
=0.7895 / 4.106*365 / 2
=35.09

* 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 35.09 mean?
Phoenix Asia Holdings (PHOE) has a Days Payable of 35.09 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Phoenix Asia Holdings and its competitors. This is 55% below median its historical median of 77.22. Over the past decade, Phoenix Asia Holdings' Days Payable has ranged from 50.99 to 99.21. According to the industry distribution chart, Phoenix Asia Holdings ranks #1165 out of 1718 companies in the Construction industry, placing it in the top 67.8%.
Is Phoenix Asia Holdings' Days Payable too high?
Phoenix Asia Holdings' current Days Payable of 35.09 is 55% below median its 10-year median of 77.22. Over the past 10 years, this metric has ranged from a low of 50.99 to a high of 99.21. The Construction industry median Days Payable is 76.61. Phoenix Asia Holdings' value of 35.09 is 54.2% below this industry median. Based on the distribution chart, Phoenix Asia Holdings ranks #1165 out of 1718 companies in the Construction industry, which is below the industry midpoint. Overall, Phoenix Asia Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Days Payable compare to BWMN and ORN?
According to the Construction industry distribution chart, Phoenix Asia Holdings ranks #1165 out of 1718 companies for Days Payable. This places Phoenix Asia Holdings in the lower half of its industry. The industry median Days Payable is 76.61. Phoenix Asia Holdings' value of 35.09 is 54.2% below this benchmark. Historically, Phoenix Asia Holdings' own Days Payable has ranged from 50.99 to 99.21 over the past decade. While the company's 10-year median is 77.22 vs. the industry median of 76.61, Phoenix Asia 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. Phoenix Asia Holdings's current Days Payable of 35.09 is 54.2% 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 Phoenix Asia 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. Phoenix Asia Holdings's current Days Payable is 35.09, which is 55% below median its own 10-year median of 77.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Days Payable of 35.09. The current Days Payable is 35.09, which is 55% below median its 10-year median of 77.22 and 54.2% below the Construction industry median of 76.61. Phoenix Asia Holdings' overall GF Score™ is 21/100 with 3 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 Phoenix Asia Holdings (PHOE), the current Days Payable is 35.09 as of Mar. 2026. 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.

Phoenix Asia Holdings Business Description

Address 19 Lam Hing Street, Workshop B14, 8th Floor, Block B, Tonic Industrial Center, Kowloon Bay, Hong Kong, HKG
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
21GF Score

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$21.89
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