Tradelink Electronic Commerce (HKSE:00536) Days Payable: 219.70 (As of Dec. 2025) — 239% Above Median

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HKSE:00536 Tradelink Electronic Commerce Ltd HKSE:00536
57 GF Score
Price HK$1.15
GF Value HK$0.88
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Tradelink Electronic Commerce Days Payable?

Tradelink Electronic Commerce HKSE:00536 57 Days Payable is 219.70 as of Dec. 2025, which is 239% above its 10-year median of 64.77. GuruFocus rates HKSE:00536 with a GF Score™ of 57/100 and a GF Value™ of HK$0.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,610 Software companies, Tradelink Electronic Commerce ranks better than 78.77% on this metric.

Tradelink Electronic Commerce's average Accounts Payable for the six months ended in Dec. 2025 was HK$79.4 Mil. Tradelink Electronic Commerce's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$66.0 Mil. Hence, Tradelink Electronic Commerce's Days Payable for the six months ended in Dec. 2025 was 219.70.

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

HKSE:00536' s Days Payable Range Over the Past 10 Years
Min: 21.4   Med: 64.77   Max: 419.69
Current: 155.65

During the past 13 years, Tradelink Electronic Commerce's highest Days Payable was 419.69. The lowest was 21.40. And the median was 64.77.

HKSE:00536's Days Payable is ranked better than
78.77% of 2610 companies
in the Software industry
Industry Median: 52.785 vs HKSE:00536: 155.65

Tradelink Electronic Commerce's Days Payable increased from Dec. 2024 (215.83) to Dec. 2025 (219.70). It may suggest that Tradelink Electronic Commerce delayed paying its suppliers.


Tradelink Electronic Commerce Days Payable Historical Data

* Premium members only.

The historical data trend for Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce Days Payable Chart

Tradelink Electronic Commerce 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 43.90 24.53 21.71 21.40 21.54

Tradelink Electronic Commerce 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 203.72 227.75 215.83 225.82 219.70

HKSE:00536 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Tradelink Electronic Commerce'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.


Tradelink Electronic Commerce Days Payable vs Software Industry

For the Software industry and Technology sector, Tradelink Electronic Commerce's Days Payable distribution charts can be found below:

* The bar in red indicates where Tradelink Electronic Commerce's Days Payable falls into.


HKSE:00536
57GF Score
Tradelink Electronic Commerce Ltd HKSE:00536
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradelink Electronic Commerce 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.

Tradelink Electronic Commerce'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
=( (7.065 + 8.24) / 2 ) / 129.68*365
=7.6525 / 129.68*365
=21.54

Tradelink Electronic Commerce'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
=( (150.6 + 8.24) / 2 ) / 65.971*365 / 2
=79.42 / 65.971*365 / 2
=219.70

* 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 219.70 mean?
Tradelink Electronic Commerce (HKSE:00536) has a Days Payable of 219.70 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 Tradelink Electronic Commerce and its competitors. This is 239% above median its historical median of 64.77. Over the past decade, Tradelink Electronic Commerce's Days Payable has ranged from 21.40 to 419.69. According to the industry distribution chart, Tradelink Electronic Commerce ranks #554 out of 2610 companies in the Software industry, placing it in the top 21.2%.
Is Tradelink Electronic Commerce's Days Payable too high?
Tradelink Electronic Commerce's current Days Payable of 219.70 is 239% above median its 10-year median of 64.77. Over the past 10 years, this metric has ranged from a low of 21.40 to a high of 419.69. The Software industry median Days Payable is 52.79. Tradelink Electronic Commerce's value of 219.70 is 316.2% above this industry median. Based on the distribution chart, Tradelink Electronic Commerce ranks #554 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tradelink Electronic Commerce has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tradelink Electronic Commerce's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Tradelink Electronic Commerce ranks #554 out of 2610 companies for Days Payable. This places Tradelink Electronic Commerce in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Tradelink Electronic Commerce's value of 219.70 is 316.2% above this benchmark. Historically, Tradelink Electronic Commerce's own Days Payable has ranged from 21.40 to 419.69 over the past decade. While the company's 10-year median is 64.77 vs. the industry median of 52.79, Tradelink Electronic Commerce 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. Tradelink Electronic Commerce's current Days Payable of 219.70 is 316.2% 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 Tradelink Electronic Commerce and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradelink Electronic Commerce's current Days Payable is 219.70, which is 239% above median its own 10-year median of 64.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradelink Electronic Commerce stock overvalued right now?
Based on GuruFocus' analysis, Tradelink Electronic Commerce (HKSE:00536) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.88, compared to a current price of HK$1.15 — trading 30.7% above its estimated fair value. The current Days Payable is 219.70, which is 239% above median its 10-year median of 64.77 and 316.2% above the Software industry median of 52.79. Tradelink Electronic Commerce's overall GF Score™ is 57/100 with 8 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 Tradelink Electronic Commerce (HKSE:00536), the current Days Payable is 219.70 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 Tradelink Electronic Commerce (HKSE:00536) Overvalued in 2026?

Based on GuruFocus' analysis, Tradelink Electronic Commerce stock appears to be overvalued. The current stock price of HK$1.15 is trading 30.7% above its estimated GF Value™ of HK$0.88. GuruFocus considers Tradelink Electronic Commerce to be Significantly Overvalued.

Key valuation signals for HKSE:00536:

  • Days Payable: 219.70 (239% above median its 10-year median of 64.77)
  • GF Value™: HK$0.88 vs. price of HK$1.15 (30.7% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 316.2% above the Software median (#554 of 2610)

No single metric tells the full story. See the HKSE:00536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradelink Electronic Commerce Business Description

Other Exchanges T2E:Germany
Address 63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG
Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.
57GF Score

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

HK$1.15
Price
HK$0.88
GF Value