Town Ray Holdings (HKSE:01692) Days Payable: 67.67 (As of Dec. 2025) — 22% Above Median

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HKSE:01692 Town Ray Holdings Ltd HKSE:01692
73 GF Score
Price HK$1.21
GF Value HK$2.51
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Town Ray Holdings Days Payable?

Town Ray Holdings HKSE:01692 73 Days Payable is 67.67 as of Dec. 2025, which is 22% above its 10-year median of 55.48. GuruFocus rates HKSE:01692 with a GF Score™ of 73/100 and a GF Value™ of HK$2.51 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Town Ray Holdings ranks worse than 58.98% on this metric.

Town Ray Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$91.6 Mil. Town Ray Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$247.0 Mil. Hence, Town Ray Holdings's Days Payable for the six months ended in Dec. 2025 was 67.67.

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

HKSE:01692' s Days Payable Range Over the Past 10 Years
Min: 39.18   Med: 55.48   Max: 64.85
Current: 59.57

During the past 10 years, Town Ray Holdings's highest Days Payable was 64.85. The lowest was 39.18. And the median was 55.48.

HKSE:01692's Days Payable is ranked worse than
58.98% of 2440 companies
in the Hardware industry
Industry Median: 69.56 vs HKSE:01692: 59.57

Town Ray Holdings's Days Payable increased from Dec. 2024 (61.85) to Dec. 2025 (67.67). It may suggest that Town Ray Holdings delayed paying its suppliers.


Town Ray Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Town Ray 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.

Town Ray Holdings Days Payable Chart

Town Ray 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 55.57 55.38 48.73 39.18 49.23

Town Ray Holdings Semi-Annual Data
Dec16 Dec17 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 45.62 76.08 61.85 61.79 67.67

HKSE:01692 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Town Ray 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.


Town Ray Holdings Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Town Ray Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Town Ray Holdings's Days Payable falls into.


HKSE:01692
73GF Score
Town Ray Holdings Ltd HKSE:01692
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Town Ray 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.

Town Ray 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
=( (58.454 + 74.676) / 2 ) / 493.483*365
=66.565 / 493.483*365
=49.23

Town Ray 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
=( (108.478 + 74.676) / 2 ) / 246.969*365 / 2
=91.577 / 246.969*365 / 2
=67.67

* 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 67.67 mean?
Town Ray Holdings (HKSE:01692) has a Days Payable of 67.67 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 Town Ray Holdings and its competitors. This is 22% above median its historical median of 55.48. Over the past decade, Town Ray Holdings' Days Payable has ranged from 39.18 to 64.85. According to the industry distribution chart, Town Ray Holdings ranks #1439 out of 2440 companies in the Hardware industry, placing it in the top 59%.
Is Town Ray Holdings' Days Payable too high?
Town Ray Holdings' current Days Payable of 67.67 is 22% above median its 10-year median of 55.48. Over the past 10 years, this metric has ranged from a low of 39.18 to a high of 64.85. The Hardware industry median Days Payable is 69.56. Town Ray Holdings' value of 67.67 is 2.7% below this industry median. Based on the distribution chart, Town Ray Holdings ranks #1439 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Town Ray Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Town Ray Holdings' Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Town Ray Holdings ranks #1439 out of 2440 companies for Days Payable. This places Town Ray Holdings in the lower half of its industry. The industry median Days Payable is 69.56. Town Ray Holdings' value of 67.67 is 2.7% below this benchmark. Historically, Town Ray Holdings' own Days Payable has ranged from 39.18 to 64.85 over the past decade. While the company's 10-year median is 55.48 vs. the industry median of 69.56, Town Ray 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 Hardware company?
The median Days Payable among Hardware companies is 69.56, based on 2,440 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. Town Ray Holdings's current Days Payable of 67.67 is 2.7% 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 Town Ray Holdings and its competitors. For the Hardware industry, the median Days Payable is 69.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Town Ray Holdings's current Days Payable is 67.67, which is 22% above median its own 10-year median of 55.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Town Ray Holdings stock overvalued right now?
Based on GuruFocus' analysis, Town Ray Holdings (HKSE:01692) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.51, compared to a current price of HK$1.21 — trading 51.8% below its estimated fair value. The current Days Payable is 67.67, which is 22% above median its 10-year median of 55.48 and 2.7% below the Hardware industry median of 69.56. Town Ray Holdings' overall GF Score™ is 73/100 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 Town Ray Holdings (HKSE:01692), the current Days Payable is 67.67 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 Town Ray Holdings (HKSE:01692) Overvalued in 2026?

Based on GuruFocus' analysis, Town Ray Holdings stock appears to be undervalued. The current stock price of HK$1.21 is trading 51.8% below its estimated GF Value™ of HK$2.51. GuruFocus considers Town Ray Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:01692:

  • Days Payable: 67.67 (22% above median its 10-year median of 55.48)
  • GF Value™: HK$2.51 vs. price of HK$1.21 (51.8% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 2.7% below the Hardware median (#1439 of 2440)

No single metric tells the full story. See the HKSE:01692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Town Ray Holdings Business Description

Address No. 403 Castle Peak Road-Kwai Chung, Workshop A, 25th Floor, Reason Group Tower, Kwai Chung, New Territories, Hong Kong, HKG
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
73GF Score

Get the complete analysis for HKSE:01692

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

HK$1.21
Price
HK$2.51
GF Value