Tak Lee Machinery Holdings (HKSE:02102) Days Payable: 2.68 (As of Jan. 2026) — 58% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02102 Tak Lee Machinery Holdings Ltd HKSE:02102
50 GF Score
Price HK$0.30
GF Value HK$0.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tak Lee Machinery Holdings Days Payable?

Tak Lee Machinery Holdings HKSE:02102 50 Days Payable is 2.68 as of Jan. 2026, which is 58% below its 10-year median of 6.40. GuruFocus rates HKSE:02102 with a GF Score™ of 50/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Tak Lee Machinery Holdings ranks worse than 100% on this metric.

Tak Lee Machinery Holdings's average Accounts Payable for the six months ended in Jan. 2026 was HK$1.7 Mil. Tak Lee Machinery Holdings's Cost of Goods Sold for the six months ended in Jan. 2026 was HK$118.2 Mil. Hence, Tak Lee Machinery Holdings's Days Payable for the six months ended in Jan. 2026 was 2.68.

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

HKSE:02102' s Days Payable Range Over the Past 10 Years
Min: 3.86   Med: 6.4   Max: 15.39
Current: 3.86

During the past 11 years, Tak Lee Machinery Holdings's highest Days Payable was 15.39. The lowest was 3.86. And the median was 6.40.

HKSE:02102's Days Payable is ranked worse than
100% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.16 vs HKSE:02102: 3.86

Tak Lee Machinery Holdings's Days Payable declined from Jan. 2025 (7.45) to Jan. 2026 (2.68). It may suggest that Tak Lee Machinery Holdings accelerated paying its suppliers.


Tak Lee Machinery Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tak Lee Machinery 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.

Tak Lee Machinery Holdings Days Payable Chart

Tak Lee Machinery Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.82 8.41 15.39 12.14 4.02

Tak Lee Machinery Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 17.57 9.83 7.45 3.98 2.68

HKSE:02102 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.


Tak Lee Machinery Holdings Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tak Lee Machinery Holdings's Days Payable falls into.


HKSE:02102
50GF Score
Tak Lee Machinery Holdings Ltd HKSE:02102
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tak Lee Machinery 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.

Tak Lee Machinery Holdings's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (4.303 + 1.495) / 2 ) / 262.902*365
=2.899 / 262.902*365
=4.02

Tak Lee Machinery Holdings's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (1.495 + 1.971) / 2 ) / 118.194*365 / 2
=1.733 / 118.194*365 / 2
=2.68

* 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 2.68 mean?
Tak Lee Machinery Holdings (HKSE:02102) has a Days Payable of 2.68 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tak Lee Machinery Holdings and its competitors. This is 58% below median its historical median of 6.40. Over the past decade, Tak Lee Machinery Holdings' Days Payable has ranged from 3.86 to 15.39. According to the industry distribution chart, Tak Lee Machinery Holdings ranks #209 out of 209 companies in the Farm & Heavy Construction Machinery industry.
Is Tak Lee Machinery Holdings' Days Payable too high?
Tak Lee Machinery Holdings' current Days Payable of 2.68 is 58% below median its 10-year median of 6.40. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 15.39. The Farm & Heavy Construction Machinery industry median Days Payable is 68.16. Tak Lee Machinery Holdings' value of 2.68 is 96.1% below this industry median. Based on the distribution chart, Tak Lee Machinery Holdings ranks #209 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Tak Lee Machinery Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tak Lee Machinery Holdings' Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tak Lee Machinery Holdings ranks #209 out of 209 companies for Days Payable. This places Tak Lee Machinery Holdings in the lower half of its industry. The industry median Days Payable is 68.16. Tak Lee Machinery Holdings' value of 2.68 is 96.1% below this benchmark. Historically, Tak Lee Machinery Holdings' own Days Payable has ranged from 3.86 to 15.39 over the past decade. While the company's 10-year median is 6.40 vs. the industry median of 68.16, Tak Lee Machinery 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.16, based on 209 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. Tak Lee Machinery Holdings's current Days Payable of 2.68 is 96.1% 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 Tak Lee Machinery Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tak Lee Machinery Holdings's current Days Payable is 2.68, which is 58% below median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tak Lee Machinery Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings (HKSE:02102) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.30 — trading 76.5% above its estimated fair value. The current Days Payable is 2.68, which is 58% below median its 10-year median of 6.40 and 96.1% below the Farm & Heavy Construction Machinery industry median of 68.16. Tak Lee Machinery Holdings' overall GF Score™ is 50/100 with 3 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 Tak Lee Machinery Holdings (HKSE:02102), the current Days Payable is 2.68 as of Jan. 2026. 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 Tak Lee Machinery Holdings (HKSE:02102) Overvalued in 2026?

Based on GuruFocus' analysis, Tak Lee Machinery Holdings stock appears to be overvalued. The current stock price of HK$0.30 is trading 76.5% above its estimated GF Value™ of HK$0.17. GuruFocus considers Tak Lee Machinery Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02102:

  • Days Payable: 2.68 (58% below median its 10-year median of 6.40)
  • GF Value™: HK$0.17 vs. price of HK$0.30 (76.5% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 96.1% below the Farm & Heavy Construction Machinery median (#209 of 209)

No single metric tells the full story. See the HKSE:02102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tak Lee Machinery Holdings Business Description

Address D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The Group has three operating segments: Sales of heavy equipment and spare parts, which involves trading heavy equipment and spare parts in Hong Kong; Lease of heavy equipment, which covers the leasing of heavy equipment and the provision of machine operators in Hong Kong; and Repair, logistics, and other ancillary services, which include repair and logistics support in Hong Kong. The Group generates the majority of revenue from the Sales of heavy equipment and spare parts segment. Geographically, it derives its revenue from Hong Kong.
50GF Score

Get the complete analysis for HKSE:02102

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

HK$0.30
Price
HK$0.17
GF Value