Carpenter Tan Holdings (HKSE:00837) Days Payable: 17.53 (As of Dec. 2025) — 48% Above Median

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HKSE:00837 Carpenter Tan Holdings Ltd HKSE:00837
79 GF Score
Price HK$6.06
GF Value HK$7.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Carpenter Tan Holdings Days Payable?

Carpenter Tan Holdings HKSE:00837 79 Days Payable is 17.53 as of Dec. 2025, which is 48% above its 10-year median of 11.88. GuruFocus rates HKSE:00837 with a GF Score™ of 79/100 and a GF Value™ of HK$7.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,893 Consumer Packaged Goods companies, Carpenter Tan Holdings ranks worse than 88.96% on this metric.

Carpenter Tan Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$10.9 Mil. Carpenter Tan Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$113.6 Mil. Hence, Carpenter Tan Holdings's Days Payable for the six months ended in Dec. 2025 was 17.53.

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

HKSE:00837' s Days Payable Range Over the Past 10 Years
Min: 8.94   Med: 11.88   Max: 18.25
Current: 16.63

During the past 13 years, Carpenter Tan Holdings's highest Days Payable was 18.25. The lowest was 8.94. And the median was 11.88.

HKSE:00837's Days Payable is ranked worse than
88.96% of 1893 companies
in the Consumer Packaged Goods industry
Industry Median: 43.93 vs HKSE:00837: 16.63

Carpenter Tan Holdings's Days Payable increased from Dec. 2024 (15.13) to Dec. 2025 (17.53). It may suggest that Carpenter Tan Holdings delayed paying its suppliers.


Carpenter Tan Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Carpenter Tan Holdings'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.

Carpenter Tan Holdings Days Payable Chart

Carpenter Tan Holdings 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 8.94 9.51 10.76 15.07 18.25

Carpenter Tan Holdings 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 14.45 12.56 15.13 14.11 17.53

HKSE:00837 vs PG, CL, KVUE: Days Payable Comparison

For the Household & Personal Products subindustry, Carpenter Tan Holdings'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.


Carpenter Tan Holdings Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carpenter Tan Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Carpenter Tan Holdings's Days Payable falls into.


HKSE:00837
79GF Score
Carpenter Tan Holdings Ltd HKSE:00837
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Carpenter Tan Holdings 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.

Carpenter Tan Holdings'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
=( (10.15 + 13.366) / 2 ) / 235.219*365
=11.758 / 235.219*365
=18.25

Carpenter Tan Holdings'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
=( (8.458 + 13.366) / 2 ) / 113.601*365 / 2
=10.912 / 113.601*365 / 2
=17.53

* 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 17.53 mean?
Carpenter Tan Holdings (HKSE:00837) has a Days Payable of 17.53 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 Carpenter Tan Holdings and its competitors. This is 48% above median its historical median of 11.88. Over the past decade, Carpenter Tan Holdings' Days Payable has ranged from 8.94 to 18.25. According to the industry distribution chart, Carpenter Tan Holdings ranks #1684 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 89%.
Is Carpenter Tan Holdings' Days Payable too high?
Carpenter Tan Holdings' current Days Payable of 17.53 is 48% above median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 18.25. The Consumer Packaged Goods industry median Days Payable is 43.93. Carpenter Tan Holdings' value of 17.53 is 60.1% below this industry median. Based on the distribution chart, Carpenter Tan Holdings ranks #1684 out of 1893 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Carpenter Tan Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carpenter Tan Holdings' Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Carpenter Tan Holdings ranks #1684 out of 1893 companies for Days Payable. This places Carpenter Tan Holdings in the lower half of its industry. The industry median Days Payable is 43.93. Carpenter Tan Holdings' value of 17.53 is 60.1% below this benchmark. Historically, Carpenter Tan Holdings' own Days Payable has ranged from 8.94 to 18.25 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 43.93, Carpenter Tan Holdings 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.93, based on 1,893 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. Carpenter Tan Holdings's current Days Payable of 17.53 is 60.1% 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 Carpenter Tan Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carpenter Tan Holdings's current Days Payable is 17.53, which is 48% above median its own 10-year median of 11.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carpenter Tan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Carpenter Tan Holdings (HKSE:00837) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$7.04, compared to a current price of HK$6.06 — trading 13.9% below its estimated fair value. The current Days Payable is 17.53, which is 48% above median its 10-year median of 11.88 and 60.1% below the Consumer Packaged Goods industry median of 43.93. Carpenter Tan Holdings' overall GF Score™ is 79/100 with 1 warning sign 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 Carpenter Tan Holdings (HKSE:00837), the current Days Payable is 17.53 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 Carpenter Tan Holdings (HKSE:00837) Overvalued in 2026?

Based on GuruFocus' analysis, Carpenter Tan Holdings stock appears to be undervalued. The current stock price of HK$6.06 is trading 13.9% below its estimated GF Value™ of HK$7.04. GuruFocus considers Carpenter Tan Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:00837:

  • Days Payable: 17.53 (48% above median its 10-year median of 11.88)
  • GF Value™: HK$7.04 vs. price of HK$6.06 (13.9% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 60.1% below the Consumer Packaged Goods median (#1684 of 1893)

No single metric tells the full story. See the HKSE:00837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carpenter Tan Holdings Business Description

Address Type A Factory Building, Longbao Shuanghekou, Light Industry Park, Wanzhou District, Chongqing, CHN
Carpenter Tan Holdings Ltd is engaged in the design, manufacture, and distribution of small wooden handicrafts and accessories. The company is principally engaged in design, manufacture and distribution of small size wooden accessories, operation of a franchise and distribution network mainly in the PRC, and operation of retailing shops for direct sale of its products in Hong Kong and the PRC. The company's products are mainly classified into four categories namely, wooden or horn combs, pocket-size wooden mirrors, other wooden accessories & adornments, and box sets. The company derives revenue mainly from activities in the PRC.
79GF Score

Get the complete analysis for HKSE:00837

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

HK$6.06
Price
HK$7.04
GF Value