Thelloy Development Group (HKSE:01546) Days Payable: 78.16 (As of Sep. 2025) — 12% Below Median

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HKSE:01546 Thelloy Development Group Ltd HKSE:01546
49 GF Score
Price HK$0.13
GF Value HK$0.20
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thelloy Development Group Days Payable?

Thelloy Development Group HKSE:01546 -0.77% 49 Days Payable is 78.16 as of Sep. 2025, which is 12% below its 10-year median of 89.14. GuruFocus rates HKSE:01546 with a GF Score™ of 49/100 and a GF Value™ of HK$0.20 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,715 Construction companies, Thelloy Development Group ranks better than 50.73% on this metric.

Thelloy Development Group's average Accounts Payable for the six months ended in Sep. 2025 was HK$109.4 Mil. Thelloy Development Group's Cost of Goods Sold for the six months ended in Sep. 2025 was HK$255.6 Mil. Hence, Thelloy Development Group's Days Payable for the six months ended in Sep. 2025 was 78.16.

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

HKSE:01546' s Days Payable Range Over the Past 10 Years
Min: 39.88   Med: 89.14   Max: 147.1
Current: 77.24

During the past 13 years, Thelloy Development Group's highest Days Payable was 147.10. The lowest was 39.88. And the median was 89.14.

HKSE:01546's Days Payable is ranked better than
50.73% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs HKSE:01546: 77.24

Thelloy Development Group's Days Payable declined from Sep. 2024 (99.96) to Sep. 2025 (78.16). It may suggest that Thelloy Development Group accelerated paying its suppliers.


Thelloy Development Group Days Payable Historical Data

* Premium members only.

The historical data trend for Thelloy Development Group'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.

Thelloy Development Group Days Payable Chart

Thelloy Development Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.50 140.59 142.21 86.71 69.58

Thelloy Development Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 118.88 99.96 89.62 78.16 84.74

HKSE:01546 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Thelloy Development Group'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.


Thelloy Development Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Thelloy Development Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Thelloy Development Group's Days Payable falls into.


HKSE:01546
49GF Score
Thelloy Development Group Ltd HKSE:01546
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thelloy Development Group 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.

Thelloy Development Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (83.653 + 102.545) / 2 ) / 391.9*365
=93.099 / 391.9*365
=86.71

Thelloy Development Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (102.545 + 116.345) / 2 ) / 255.559*365 / 2
=109.445 / 255.559*365 / 2
=78.16

* 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 78.16 mean?
Thelloy Development Group (HKSE:01546) has a Days Payable of 78.16 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thelloy Development Group and its competitors. This is 12% below median its historical median of 89.14. Over the past decade, Thelloy Development Group's Days Payable has ranged from 39.88 to 147.10. According to the industry distribution chart, Thelloy Development Group ranks #845 out of 1715 companies in the Construction industry, placing it in the top 49.3%.
Is Thelloy Development Group's Days Payable too high?
Thelloy Development Group's current Days Payable of 78.16 is 12% below median its 10-year median of 89.14. Over the past 10 years, this metric has ranged from a low of 39.88 to a high of 147.10. The Construction industry median Days Payable is 76.33. Thelloy Development Group's value of 78.16 is 2.4% above this industry median. Based on the distribution chart, Thelloy Development Group ranks #845 out of 1715 companies in the Construction industry, which is above the industry midpoint. Overall, Thelloy Development Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thelloy Development Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Thelloy Development Group ranks #845 out of 1715 companies for Days Payable. This puts Thelloy Development Group in the upper half of its industry. The industry median Days Payable is 76.33. Thelloy Development Group's value of 78.16 is 2.4% above this benchmark. Historically, Thelloy Development Group's own Days Payable has ranged from 39.88 to 147.10 over the past decade. While the company's 10-year median is 89.14 vs. the industry median of 76.33, Thelloy Development Group 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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. Thelloy Development Group's current Days Payable of 78.16 is 2.4% 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 Thelloy Development Group and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thelloy Development Group's current Days Payable is 78.16, which is 12% below median its own 10-year median of 89.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thelloy Development Group stock overvalued right now?
Based on GuruFocus' analysis, Thelloy Development Group (HKSE:01546) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.13 — trading 35.5% below its estimated fair value. The current Days Payable is 78.16, which is 12% below median its 10-year median of 89.14 and 2.4% above the Construction industry median of 76.33. Thelloy Development Group's overall GF Score™ is 49/100 with 7 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 Thelloy Development Group (HKSE:01546), the current Days Payable is 78.16 as of Sep. 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 Thelloy Development Group (HKSE:01546) Overvalued in 2026?

Based on GuruFocus' analysis, Thelloy Development Group stock appears to be undervalued. The current stock price of HK$0.13 is trading 35.5% below its estimated GF Value™ of HK$0.20. GuruFocus considers Thelloy Development Group to be Possible Value Trap.

Key valuation signals for HKSE:01546:

  • Days Payable: 78.16 (12% below median its 10-year median of 89.14)
  • GF Value™: HK$0.20 vs. price of HK$0.13 (35.5% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 2.4% above the Construction median (#845 of 1715)

No single metric tells the full story. See the HKSE:01546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thelloy Development Group Business Description

Address 79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG
Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.
49GF Score

Get the complete analysis for HKSE:01546

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

HK$0.13
Price
HK$0.20
GF Value