Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) Days Payable: 159.00 (As of Jun. 2026) — 171% Above Median

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BJSE:920090 Tonghuijiashi (Beijing) Information Technology Co Ltd BJSE:920090
29 GF Score
Price ¥3.56
GF Value ¥0.74
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tonghuijiashi (Beijing) Information Technology Co Days Payable?

Tonghuijiashi (Beijing) Information Technology Co BJSE:920090 29 Days Payable is 159.00 as of Jun. 2026, which is 171% above its 10-year median of 58.75. GuruFocus rates BJSE:920090 with a GF Score™ of 29/100 and a GF Value™ of ¥0.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, Tonghuijiashi (Beijing) Information Technology Co ranks better than 99.1% on this metric.

Tonghuijiashi (Beijing) Information Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥31.24 Mil. Tonghuijiashi (Beijing) Information Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥17.93 Mil. Hence, Tonghuijiashi (Beijing) Information Technology Co's Days Payable for the three months ended in Jun. 2026 was 159.00.

The historical rank and industry rank for Tonghuijiashi (Beijing) Information Technology Co's Days Payable or its related term are showing as below:

BJSE:920090' s Days Payable Range Over the Past 10 Years
Min: 35.17   Med: 58.75   Max: 841.38
Current: 841.38

During the past 13 years, Tonghuijiashi (Beijing) Information Technology Co's highest Days Payable was 841.38. The lowest was 35.17. And the median was 58.75.

BJSE:920090's Days Payable is ranked better than
99.1% of 2440 companies
in the Hardware industry
Industry Median: 69.95 vs BJSE:920090: 841.38

Tonghuijiashi (Beijing) Information Technology Co's Days Payable declined from Jun. 2025 (180.72) to Jun. 2026 (159.00). It may suggest that Tonghuijiashi (Beijing) Information Technology Co accelerated paying its suppliers.


Tonghuijiashi (Beijing) Information Technology Co Days Payable Related Terms


Tonghuijiashi (Beijing) Information Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tonghuijiashi (Beijing) Information Technology 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.

Tonghuijiashi (Beijing) Information Technology Co Days Payable Chart

Tonghuijiashi (Beijing) Information Technology 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 67.52 39.58 48.74 62.77 412.10

Tonghuijiashi (Beijing) Information Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 180.72 187.72 0.00 1,439.52 159.00

BJSE:920090 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Tonghuijiashi (Beijing) Information Technology 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.


Tonghuijiashi (Beijing) Information Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Tonghuijiashi (Beijing) Information Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tonghuijiashi (Beijing) Information Technology Co's Days Payable falls into.


BJSE:920090
29GF Score
Tonghuijiashi (Beijing) Information Technology Co Ltd BJSE:920090
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tonghuijiashi (Beijing) Information Technology 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.

Tonghuijiashi (Beijing) Information Technology 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
=( (28.474 + 35.998) / 2 ) / 28.552*365
=32.236 / 28.552*365
=412.10

Tonghuijiashi (Beijing) Information Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (29.944 + 32.53) / 2 ) / 17.927*365 / 4
=31.237 / 17.927*365 / 4
=159.00

* 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 159.00 mean?
Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) has a Days Payable of 159.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tonghuijiashi (Beijing) Information Technology Co and its competitors. This is 171% above median its historical median of 58.75. Over the past decade, Tonghuijiashi (Beijing) Information Technology Co's Days Payable has ranged from 35.17 to 841.38. According to the industry distribution chart, Tonghuijiashi (Beijing) Information Technology Co ranks #22 out of 2440 companies in the Hardware industry, placing it in the top 0.90000000000001%.
Is Tonghuijiashi (Beijing) Information Technology Co's Days Payable too high?
Tonghuijiashi (Beijing) Information Technology Co's current Days Payable of 159.00 is 171% above median its 10-year median of 58.75. Over the past 10 years, this metric has ranged from a low of 35.17 to a high of 841.38. The Hardware industry median Days Payable is 69.95. Tonghuijiashi (Beijing) Information Technology Co's value of 159.00 is 127.3% above this industry median. Based on the distribution chart, Tonghuijiashi (Beijing) Information Technology Co ranks #22 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tonghuijiashi (Beijing) Information Technology Co has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonghuijiashi (Beijing) Information Technology Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Tonghuijiashi (Beijing) Information Technology Co ranks #22 out of 2440 companies for Days Payable. This places Tonghuijiashi (Beijing) Information Technology Co in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.95. Tonghuijiashi (Beijing) Information Technology Co's value of 159.00 is 127.3% above this benchmark. Historically, Tonghuijiashi (Beijing) Information Technology Co's own Days Payable has ranged from 35.17 to 841.38 over the past decade. While the company's 10-year median is 58.75 vs. the industry median of 69.95, Tonghuijiashi (Beijing) Information Technology Co 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 Hardware company?
The median Days Payable among Hardware companies is 69.95, based on 2,440 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. Tonghuijiashi (Beijing) Information Technology Co's current Days Payable of 159.00 is 127.3% 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 Tonghuijiashi (Beijing) Information Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonghuijiashi (Beijing) Information Technology Co's current Days Payable is 159.00, which is 171% above median its own 10-year median of 58.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonghuijiashi (Beijing) Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.74, compared to a current price of ¥3.56 — trading 381.1% above its estimated fair value. The current Days Payable is 159.00, which is 171% above median its 10-year median of 58.75 and 127.3% above the Hardware industry median of 69.95. Tonghuijiashi (Beijing) Information Technology Co's overall GF Score™ is 29/100 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 Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090), the current Days Payable is 159.00 as of Jun. 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.

Is Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) Overvalued in 2026?

Based on GuruFocus' analysis, Tonghuijiashi (Beijing) Information Technology Co stock appears to be overvalued. The current stock price of ¥3.56 is trading 381.1% above its estimated GF Value™ of ¥0.74. GuruFocus considers Tonghuijiashi (Beijing) Information Technology Co to be Significantly Overvalued.

Key valuation signals for BJSE:920090:

  • Days Payable: 159.00 (171% above median its 10-year median of 58.75)
  • GF Value™: ¥0.74 vs. price of ¥3.56 (381.1% above fair value)
  • GF Score™: 29/100 with 4 warning signs
  • Industry Position: 127.3% above the Hardware median (#22 of 2440)

No single metric tells the full story. See the BJSE:920090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonghuijiashi (Beijing) Information Technology Co Business Description

Address No. 57 Yard, Qinghe Maofang Road, Room 101 and 2nd Floor, North Building, Haidian District, Beijing, CHN, 100085
Tonghuijiashi (Beijing) Information Technology Co Ltd operates as a one-stop integrated display application service provider. It offers commercial display solutions, provides customers with supporting equipment, completes related development, and applications, and sells commercial displays. Its core business comprises hardware, software, contents, integration, solution design, and after-sales services.
29GF Score

Get the complete analysis for BJSE:920090

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

¥3.56
Price
¥0.74
GF Value