Tan Chong International (HKSE:00693) Days Payable: 39.16 (As of Dec. 2025) — 24% Above Median

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HKSE:00693 Tan Chong International Ltd HKSE:00693
66 GF Score
Price HK$1.59
GF Value HK$1.19
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tan Chong International Days Payable?

Tan Chong International HKSE:00693 -0.63% 66 Days Payable is 39.16 as of Dec. 2025, which is 24% above its 10-year median of 31.52. GuruFocus rates HKSE:00693 with a GF Score™ of 66/100 and a GF Value™ of HK$1.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Tan Chong International ranks worse than 82.05% on this metric.

Tan Chong International's average Accounts Payable for the six months ended in Dec. 2025 was HK$930 Mil. Tan Chong International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$4,332 Mil. Hence, Tan Chong International's Days Payable for the six months ended in Dec. 2025 was 39.16.

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

HKSE:00693' s Days Payable Range Over the Past 10 Years
Min: 25.72   Med: 31.52   Max: 35.44
Current: 34.22

During the past 13 years, Tan Chong International's highest Days Payable was 35.44. The lowest was 25.72. And the median was 31.52.

HKSE:00693's Days Payable is ranked worse than
82.05% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.6 vs HKSE:00693: 34.22

Tan Chong International's Days Payable increased from Dec. 2024 (33.91) to Dec. 2025 (39.16). It may suggest that Tan Chong International delayed paying its suppliers.


Tan Chong International Days Payable Historical Data

* Premium members only.

The historical data trend for Tan Chong International'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.

Tan Chong International Days Payable Chart

Tan Chong International 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 31.64 31.99 33.68 32.77 30.42

Tan Chong International 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 37.03 33.80 33.91 33.62 39.16

HKSE:00693 vs CVNA, PAG, KMX: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Tan Chong International'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.


Tan Chong International Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Days Payable distribution charts can be found below:

* The bar in red indicates where Tan Chong International's Days Payable falls into.


HKSE:00693
66GF Score
Tan Chong International Ltd HKSE:00693
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tan Chong International 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.

Tan Chong International'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
=( (844.416 + 758.015) / 2 ) / 9612.907*365
=801.2155 / 9612.907*365
=30.42

Tan Chong International'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
=( (1101.061 + 758.015) / 2 ) / 4332.455*365 / 2
=929.538 / 4332.455*365 / 2
=39.16

* 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 39.16 mean?
Tan Chong International (HKSE:00693) has a Days Payable of 39.16 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 Tan Chong International and its competitors. This is 24% above median its historical median of 31.52. Over the past decade, Tan Chong International's Days Payable has ranged from 25.72 to 35.44. According to the industry distribution chart, Tan Chong International ranks #1074 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 82%.
Is Tan Chong International's Days Payable too high?
Tan Chong International's current Days Payable of 39.16 is 24% above median its 10-year median of 31.52. Over the past 10 years, this metric has ranged from a low of 25.72 to a high of 35.44. The Vehicles & Parts industry median Days Payable is 66.60. Tan Chong International's value of 39.16 is 41.2% below this industry median. Based on the distribution chart, Tan Chong International ranks #1074 out of 1309 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tan Chong International has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Chong International's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Tan Chong International ranks #1074 out of 1309 companies for Days Payable. This places Tan Chong International in the lower half of its industry. The industry median Days Payable is 66.60. Tan Chong International's value of 39.16 is 41.2% below this benchmark. Historically, Tan Chong International's own Days Payable has ranged from 25.72 to 35.44 over the past decade. While the company's 10-year median is 31.52 vs. the industry median of 66.60, Tan Chong International 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.60, based on 1,309 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. Tan Chong International's current Days Payable of 39.16 is 41.2% 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 Tan Chong International and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tan Chong International's current Days Payable is 39.16, which is 24% above median its own 10-year median of 31.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Chong International stock overvalued right now?
Based on GuruFocus' analysis, Tan Chong International (HKSE:00693) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.19, compared to a current price of HK$1.59 — trading 33.6% above its estimated fair value. The current Days Payable is 39.16, which is 24% above median its 10-year median of 31.52 and 41.2% below the Vehicles & Parts industry median of 66.60. Tan Chong International's overall GF Score™ is 66/100 with 5 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 Tan Chong International (HKSE:00693), the current Days Payable is 39.16 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 Tan Chong International (HKSE:00693) Overvalued in 2026?

Based on GuruFocus' analysis, Tan Chong International stock appears to be overvalued. The current stock price of HK$1.59 is trading 33.6% above its estimated GF Value™ of HK$1.19. GuruFocus considers Tan Chong International to be Significantly Overvalued.

Key valuation signals for HKSE:00693:

  • Days Payable: 39.16 (24% above median its 10-year median of 31.52)
  • GF Value™: HK$1.19 vs. price of HK$1.59 (33.6% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 41.2% below the Vehicles & Parts median (#1074 of 1309)

No single metric tells the full story. See the HKSE:00693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tan Chong International Business Description

Other Exchanges T15:Singapore
Address 6-8 Harbour Road, Unit 3001, 30th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Tan Chong International Ltd is an automobile dealer. The company offers vehicles of the Nissan brand in Singapore, Hong Kong, China, and Thailand. The company has five business lines, namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation, and Other operations, which include investment holding, hire purchase financing, provision of workshop services, and the manufacturing of vehicle seats.
66GF Score

Get the complete analysis for HKSE:00693

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

HK$1.59
Price
HK$1.19
GF Value