Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) Days Payable: 49.97 (As of Mar. 2026) — 102% Above Median

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BJSE:920753 Tianfangbiao Standardization Certification and Testing Co Ltd BJSE:920753
75 GF Score
Price ¥15.47
GF Value ¥29.50
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tianfangbiao Standardization Certification and Testing Co Days Payable?

Tianfangbiao Standardization Certification and Testing Co BJSE:920753 75 Days Payable is 49.97 as of Mar. 2026, which is 102% above its 10-year median of 24.77. GuruFocus rates BJSE:920753 with a GF Score™ of 75/100 and a GF Value™ of ¥29.50 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 945 Business Services companies, Tianfangbiao Standardization Certification and Testing Co ranks worse than 55.24% on this metric.

Tianfangbiao Standardization Certification and Testing Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥13.7 Mil. Tianfangbiao Standardization Certification and Testing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥25.1 Mil. Hence, Tianfangbiao Standardization Certification and Testing Co's Days Payable for the three months ended in Mar. 2026 was 49.97.

The historical rank and industry rank for Tianfangbiao Standardization Certification and Testing Co's Days Payable or its related term are showing as below:

BJSE:920753' s Days Payable Range Over the Past 10 Years
Min: 16.01   Med: 24.77   Max: 38.83
Current: 38.83

During the past 11 years, Tianfangbiao Standardization Certification and Testing Co's highest Days Payable was 38.83. The lowest was 16.01. And the median was 24.77.

BJSE:920753's Days Payable is ranked worse than
55.24% of 945 companies
in the Business Services industry
Industry Median: 44.15 vs BJSE:920753: 38.83

Tianfangbiao Standardization Certification and Testing Co's Days Payable increased from Mar. 2025 (46.46) to Mar. 2026 (49.97). It may suggest that Tianfangbiao Standardization Certification and Testing Co delayed paying its suppliers.


Tianfangbiao Standardization Certification and Testing Co Days Payable Related Terms


Tianfangbiao Standardization Certification and Testing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tianfangbiao Standardization Certification and Testing 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.

Tianfangbiao Standardization Certification and Testing Co Days Payable Chart

Tianfangbiao Standardization Certification and Testing 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 26.48 29.34 26.89 35.75 38.58

Tianfangbiao Standardization Certification and Testing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 46.46 37.10 38.71 35.32 49.97

BJSE:920753 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, Tianfangbiao Standardization Certification and Testing 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.


Tianfangbiao Standardization Certification and Testing Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Tianfangbiao Standardization Certification and Testing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianfangbiao Standardization Certification and Testing Co's Days Payable falls into.


BJSE:920753
75GF Score
Tianfangbiao Standardization Certification and Testing Co Ltd BJSE:920753
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianfangbiao Standardization Certification and Testing 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.

Tianfangbiao Standardization Certification and Testing 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
=( (11.115 + 14.344) / 2 ) / 120.423*365
=12.7295 / 120.423*365
=38.58

Tianfangbiao Standardization Certification and Testing Co'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14.344 + 13.132) / 2 ) / 25.088*365 / 4
=13.738 / 25.088*365 / 4
=49.97

* 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 49.97 mean?
Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) has a Days Payable of 49.97 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 Tianfangbiao Standardization Certification and Testing Co and its competitors. This is 102% above median its historical median of 24.77. Over the past decade, Tianfangbiao Standardization Certification and Testing Co's Days Payable has ranged from 16.01 to 38.83. According to the industry distribution chart, Tianfangbiao Standardization Certification and Testing Co ranks #522 out of 945 companies in the Business Services industry, placing it in the top 55.2%.
Is Tianfangbiao Standardization Certification and Testing Co's Days Payable too high?
Tianfangbiao Standardization Certification and Testing Co's current Days Payable of 49.97 is 102% above median its 10-year median of 24.77. Over the past 10 years, this metric has ranged from a low of 16.01 to a high of 38.83. The Business Services industry median Days Payable is 44.15. Tianfangbiao Standardization Certification and Testing Co's value of 49.97 is 13.2% above this industry median. Based on the distribution chart, Tianfangbiao Standardization Certification and Testing Co ranks #522 out of 945 companies in the Business Services industry, which is below the industry midpoint. Overall, Tianfangbiao Standardization Certification and Testing Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianfangbiao Standardization Certification and Testing Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Tianfangbiao Standardization Certification and Testing Co ranks #522 out of 945 companies for Days Payable. This places Tianfangbiao Standardization Certification and Testing Co in the lower half of its industry. The industry median Days Payable is 44.15. Tianfangbiao Standardization Certification and Testing Co's value of 49.97 is 13.2% above this benchmark. Historically, Tianfangbiao Standardization Certification and Testing Co's own Days Payable has ranged from 16.01 to 38.83 over the past decade. While the company's 10-year median is 24.77 vs. the industry median of 44.15, Tianfangbiao Standardization Certification and Testing 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 Business Services company?
The median Days Payable among Business Services companies is 44.15, based on 945 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. Tianfangbiao Standardization Certification and Testing Co's current Days Payable of 49.97 is 13.2% 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 Tianfangbiao Standardization Certification and Testing Co and its competitors. For the Business Services industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianfangbiao Standardization Certification and Testing Co's current Days Payable is 49.97, which is 102% above median its own 10-year median of 24.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianfangbiao Standardization Certification and Testing Co stock overvalued right now?
Based on GuruFocus' analysis, Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥29.50, compared to a current price of ¥15.47 — trading 47.6% below its estimated fair value. The current Days Payable is 49.97, which is 102% above median its 10-year median of 24.77 and 13.2% above the Business Services industry median of 44.15. Tianfangbiao Standardization Certification and Testing Co's overall GF Score™ is 75/100 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 Tianfangbiao Standardization Certification and Testing Co (BJSE:920753), the current Days Payable is 49.97 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.

Is Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) Overvalued in 2026?

Based on GuruFocus' analysis, Tianfangbiao Standardization Certification and Testing Co stock appears to be undervalued. The current stock price of ¥15.47 is trading 47.6% below its estimated GF Value™ of ¥29.50. GuruFocus considers Tianfangbiao Standardization Certification and Testing Co to be Significantly Undervalued.

Key valuation signals for BJSE:920753:

  • Days Payable: 49.97 (102% above median its 10-year median of 24.77)
  • GF Value™: ¥29.50 vs. price of ¥15.47 (47.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 13.2% above the Business Services median (#522 of 945)

No single metric tells the full story. See the BJSE:920753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianfangbiao Standardization Certification and Testing Co Business Description

Address No. 6, East Ninth Road, 3rd Floor, Building A, Tianjin Airport Economic Zone, Tianjin, CHN, 300308
Tianfangbiao Standardization Certification and Testing Co Ltd engages in testing and inspection services for consumer goods, medical devices, and industrial products. Its services comprise Product quality testing and certification services; technical consultation and technical services for textile testing and testing standards; development, consulting, service, transfer, and standard formulation of product quality testing technologies; development, sales, appraisal, and leasing of testing equipment; entrusted testing of product quality.
75GF Score

Get the complete analysis for BJSE:920753

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

¥15.47
Price
¥29.50
GF Value