WAI (Top KingWin) Days Payable: 23.14 (As of Dec. 2025) — 80% Below Median


WAI Top KingWin Ltd WAI
49 GF Score
Price $1.91
GF Value $19.48
Valuation Possible Value Trap
! 7 Warning Signs
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What is Top KingWin Days Payable?

Top KingWin WAI -0.52% 49 Days Payable is 23.14 as of Dec. 2025, which is 80% below its 10-year median of 116.63. GuruFocus rates WAI with a GF Score™ of 49/100 and a GF Value™ of $19.48 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 541 Capital Markets companies, Top KingWin ranks worse than 68.95% on this metric.

Top KingWin's average Accounts Payable for the six months ended in Dec. 2025 was $0.55 Mil. Top KingWin's Cost of Goods Sold for the six months ended in Dec. 2025 was $4.31 Mil. Hence, Top KingWin's Days Payable for the six months ended in Dec. 2025 was 23.14.

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

WAI' s Days Payable Range Over the Past 10 Years
Min: 27.77   Med: 116.63   Max: 216.94
Current: 27.77

During the past 6 years, Top KingWin's highest Days Payable was 216.94. The lowest was 27.77. And the median was 116.63.

WAI's Days Payable is ranked worse than
68.95% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs WAI: 27.77

Top KingWin's Days Payable declined from Dec. 2024 (58.78) to Dec. 2025 (23.14). It may suggest that Top KingWin accelerated paying its suppliers.


Top KingWin Days Payable Historical Data

* Premium members only.

The historical data trend for Top KingWin'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.

Top KingWin Days Payable Chart

Top KingWin Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 149.55 210.15 77.75 83.71 34.64

Top KingWin Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.08 81.20 58.78 26.05 23.14

WAI vs PMAX, LMFA, ITEX: Days Payable Comparison

For the Capital Markets subindustry, Top KingWin'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.


Top KingWin Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Top KingWin's Days Payable distribution charts can be found below:

* The bar in red indicates where Top KingWin's Days Payable falls into.


WAI
49GF Score
Top KingWin Ltd WAI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Top KingWin 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.

Top KingWin'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
=( (0.582 + 0.811) / 2 ) / 7.338*365
=0.6965 / 7.338*365
=34.64

Top KingWin'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
=( (0.282 + 0.811) / 2 ) / 4.311*365 / 2
=0.5465 / 4.311*365 / 2
=23.14

* 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 23.14 mean?
Top KingWin (WAI) has a Days Payable of 23.14 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 Top KingWin and its competitors. This is 80% below median its historical median of 116.63. Over the past decade, Top KingWin's Days Payable has ranged from 27.77 to 216.94. According to the industry distribution chart, Top KingWin ranks #373 out of 541 companies in the Capital Markets industry, placing it in the top 68.9%.
Is Top KingWin's Days Payable too high?
Top KingWin's current Days Payable of 23.14 is 80% below median its 10-year median of 116.63. Over the past 10 years, this metric has ranged from a low of 27.77 to a high of 216.94. The Capital Markets industry median Days Payable is 92.89. Top KingWin's value of 23.14 is 75.1% below this industry median. Based on the distribution chart, Top KingWin ranks #373 out of 541 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Days Payable compare to PMAX and LMFA?
According to the Capital Markets industry distribution chart, Top KingWin ranks #373 out of 541 companies for Days Payable. This places Top KingWin in the lower half of its industry. The industry median Days Payable is 92.89. Top KingWin's value of 23.14 is 75.1% below this benchmark. Historically, Top KingWin's own Days Payable has ranged from 27.77 to 216.94 over the past decade. While the company's 10-year median is 116.63 vs. the industry median of 92.89, Top KingWin 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Top KingWin's current Days Payable of 23.14 is 75.1% 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 Top KingWin and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top KingWin's current Days Payable is 23.14, which is 80% below median its own 10-year median of 116.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.48, compared to a current price of $1.91 — trading 90.2% below its estimated fair value. The current Days Payable is 23.14, which is 80% below median its 10-year median of 116.63 and 75.1% below the Capital Markets industry median of 92.89. Top KingWin's overall GF Score™ is 49/100 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 Top KingWin (WAI), the current Days Payable is 23.14 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 Top KingWin (WAI) Overvalued in 2026?

Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued. The current stock price of $1.91 is trading 90.2% below its estimated GF Value™ of $19.48. GuruFocus considers Top KingWin to be Possible Value Trap.

Key valuation signals for WAI:

  • Days Payable: 23.14 (80% below median its 10-year median of 116.63)
  • GF Value™: $19.48 vs. price of $1.91 (90.2% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 75.1% below the Capital Markets median (#373 of 541)

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


Top KingWin Business Description

Address Intersection of Houhai Avenue and Haide 1st Road, 15N, Block B, Zhongzhou Holding Financial Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518064
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score

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

$1.91
Price
$19.48
GF Value