TZ (ASX:TZL) Days Payable: 275.65 (As of Dec. 2025) — 116% Above Median


What is TZ Days Payable?

TZ ASX:TZL Days Payable is 275.65 as of Dec. 2025, which is 116% above its 10-year median of 127.38. The stock has 6 warning signs investors should review. Among 943 Business Services companies, TZ ranks better than 94.27% on this metric.

TZ's average Accounts Payable for the six months ended in Dec. 2025 was A$3.41 Mil. TZ's Cost of Goods Sold for the six months ended in Dec. 2025 was A$2.26 Mil. Hence, TZ's Days Payable for the six months ended in Dec. 2025 was 275.65.

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

ASX:TZL' s Days Payable Range Over the Past 10 Years
Min: 71.35   Med: 127.38   Max: 374.09
Current: 374.09

During the past 13 years, TZ's highest Days Payable was 374.09. The lowest was 71.35. And the median was 127.38.

ASX:TZL's Days Payable is ranked better than
94.27% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs ASX:TZL: 374.09

TZ's Days Payable increased from Dec. 2024 (143.38) to Dec. 2025 (275.65). It may suggest that TZ delayed paying its suppliers.


TZ Days Payable Historical Data

* Premium members only.

The historical data trend for TZ'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.

TZ Days Payable Chart

TZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.49 71.35 88.28 99.17 174.07

TZ 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 127.81 146.53 143.38 498.13 275.65

ASX:TZL vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, TZ'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.


TZ Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, TZ's Days Payable distribution charts can be found below:

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



TZ 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.

TZ'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
=( (1.54 + 2.117) / 2 ) / 3.834*365
=1.8285 / 3.834*365
=174.07

TZ'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
=( (2.117 + 4.707) / 2 ) / 2.259*365 / 2
=3.412 / 2.259*365 / 2
=275.65

* 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 275.65 mean?
TZ (ASX:TZL) has a Days Payable of 275.65 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 TZ and its competitors. This is 116% above median its historical median of 127.38. Over the past decade, TZ's Days Payable has ranged from 71.35 to 374.09. According to the industry distribution chart, TZ ranks #54 out of 943 companies in the Business Services industry, placing it in the top 5.7%.
Is TZ's Days Payable too high?
TZ's current Days Payable of 275.65 is 116% above median its 10-year median of 127.38. Over the past 10 years, this metric has ranged from a low of 71.35 to a high of 374.09. The Business Services industry median Days Payable is 46.92. TZ's value of 275.65 is 487.5% above this industry median. Based on the distribution chart, TZ ranks #54 out of 943 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does TZ's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, TZ ranks #54 out of 943 companies for Days Payable. This places TZ in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.92. TZ's value of 275.65 is 487.5% above this benchmark. Historically, TZ's own Days Payable has ranged from 71.35 to 374.09 over the past decade. While the company's 10-year median is 127.38 vs. the industry median of 46.92, TZ 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. TZ's current Days Payable of 275.65 is 487.5% 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 TZ and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TZ's current Days Payable is 275.65, which is 116% above median its own 10-year median of 127.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TZ stock overvalued right now?
Based on GuruFocus' analysis, TZ (ASX:TZL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.03 — trading 30% above its estimated fair value. The current Days Payable is 275.65, which is 116% above median its 10-year median of 127.38 and 487.5% above the Business Services industry median of 46.92. 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 TZ (ASX:TZL), the current Days Payable is 275.65 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.

TZ Business Description

Address 40 Gloucester Street, Level 2, The Rocks, Sydney, NSW, AUS, 2000
TZ Ltd is a technology provider for smart locker solutions. It operates three divisions: Data Centre Security, Smart Lockers/Smart Access, and the Keyvision Tenant App. It supplies intelligent monitoring and locking solutions to data centre operators, including customers such as Microsoft. The Smart Locker division serves enterprise clients, including Apple, Netflix, and Microsoft, and accounts for approximately 60% of annual recurring revenue. Keyvision, a proptech platform, provides property, tenant, and community management in one single platform. The company offers its products in multiple markets and is expanding internationally.