Taing Land Development (HKSE:00089) Days Payable: 19.28 (As of Dec. 2025) — 31% Below Median

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HKSE:00089 Tai Sang Land Development Ltd HKSE:00089
68 GF Score
Price HK$1.89
GF Value HK$2.21
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Taing Land Development Days Payable?

Taing Land Development HKSE:00089 -0.79% 68 Days Payable is 19.28 as of Dec. 2025, which is 31% below its 10-year median of 27.96. GuruFocus rates HKSE:00089 with a GF Score™ of 68/100 and a GF Value™ of HK$2.21 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,570 Real Estate companies, Taing Land Development ranks worse than 87.58% on this metric.

Taing Land Development's average Accounts Payable for the six months ended in Dec. 2025 was HK$9.8 Mil. Taing Land Development's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$93.1 Mil. Hence, Taing Land Development's Days Payable for the six months ended in Dec. 2025 was 19.28.

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

HKSE:00089' s Days Payable Range Over the Past 10 Years
Min: 18.24   Med: 27.96   Max: 165.19
Current: 19.38

During the past 13 years, Taing Land Development's highest Days Payable was 165.19. The lowest was 18.24. And the median was 27.96.

HKSE:00089's Days Payable is ranked worse than
87.58% of 1570 companies
in the Real Estate industry
Industry Median: 92.92 vs HKSE:00089: 19.38

Taing Land Development's Days Payable increased from Dec. 2024 (13.89) to Dec. 2025 (19.28). It may suggest that Taing Land Development delayed paying its suppliers.


Taing Land Development Days Payable Historical Data

* Premium members only.

The historical data trend for Taing Land Development'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.

Taing Land Development Days Payable Chart

Taing Land Development 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 22.54 28.94 23.41 18.24 21.78

Taing Land Development 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 21.86 12.17 13.89 16.96 19.28

HKSE:00089 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Taing Land Development'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.


Taing Land Development Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Taing Land Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Taing Land Development's Days Payable falls into.


HKSE:00089
68GF Score
Tai Sang Land Development Ltd HKSE:00089
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taing Land Development 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.

Taing Land Development'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
=( (8.572 + 12.586) / 2 ) / 177.303*365
=10.579 / 177.303*365
=21.78

Taing Land Development'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
=( (7.079 + 12.586) / 2 ) / 93.074*365 / 2
=9.8325 / 93.074*365 / 2
=19.28

* 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 19.28 mean?
Taing Land Development (HKSE:00089) has a Days Payable of 19.28 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 Taing Land Development and its competitors. This is 31% below median its historical median of 27.96. Over the past decade, Taing Land Development's Days Payable has ranged from 18.24 to 165.19. According to the industry distribution chart, Taing Land Development ranks #1375 out of 1570 companies in the Real Estate industry, placing it in the top 87.6%.
Is Taing Land Development's Days Payable too high?
Taing Land Development's current Days Payable of 19.28 is 31% below median its 10-year median of 27.96. Over the past 10 years, this metric has ranged from a low of 18.24 to a high of 165.19. The Real Estate industry median Days Payable is 92.92. Taing Land Development's value of 19.28 is 79.3% below this industry median. Based on the distribution chart, Taing Land Development ranks #1375 out of 1570 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Taing Land Development has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taing Land Development's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Taing Land Development ranks #1375 out of 1570 companies for Days Payable. This places Taing Land Development in the lower half of its industry. The industry median Days Payable is 92.92. Taing Land Development's value of 19.28 is 79.3% below this benchmark. Historically, Taing Land Development's own Days Payable has ranged from 18.24 to 165.19 over the past decade. While the company's 10-year median is 27.96 vs. the industry median of 92.92, Taing Land Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.92, based on 1,570 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. Taing Land Development's current Days Payable of 19.28 is 79.3% 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 Taing Land Development and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taing Land Development's current Days Payable is 19.28, which is 31% below median its own 10-year median of 27.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taing Land Development stock overvalued right now?
Based on GuruFocus' analysis, Taing Land Development (HKSE:00089) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.21, compared to a current price of HK$1.89 — trading 14.5% below its estimated fair value. The current Days Payable is 19.28, which is 31% below median its 10-year median of 27.96 and 79.3% below the Real Estate industry median of 92.92. Taing Land Development's overall GF Score™ is 68/100 with 6 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 Taing Land Development (HKSE:00089), the current Days Payable is 19.28 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 Taing Land Development (HKSE:00089) Overvalued in 2026?

Based on GuruFocus' analysis, Taing Land Development stock appears to be undervalued. The current stock price of HK$1.89 is trading 14.5% below its estimated GF Value™ of HK$2.21. GuruFocus considers Taing Land Development to be Modestly Undervalued.

Key valuation signals for HKSE:00089:

  • Days Payable: 19.28 (31% below median its 10-year median of 27.96)
  • GF Value™: HK$2.21 vs. price of HK$1.89 (14.5% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 79.3% below the Real Estate median (#1375 of 1570)

No single metric tells the full story. See the HKSE:00089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taing Land Development Business Description

Address 43 Heung Yip Road, 15th Floor, TS Tower, Wong Chuk Hang, Hong Kong, HKG
Tai Sang Land Development Ltd is an investment holding company engaged in property investment, property rental, property development, estate management and agency, hotel operation and catering operation. The company also earns revenue from segments namely; Property rental, Property related services, and Hotel operations, Catering operations. The operating segments of the Group are Hong Kong and USA, out of which maximum revenue is derived from Hong Kong.
68GF Score

Get the complete analysis for HKSE:00089

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

HK$1.89
Price
HK$2.21
GF Value