Tsit Wing International Holdings (HKSE:02119) Days Payable: 56.71 (As of Jun. 2026) — Near Median

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HKSE:02119 Tsit Wing International Holdings Ltd HKSE:02119
61 GF Score
Price HK$0.45
GF Value HK$0.63
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tsit Wing International Holdings Days Payable?

Tsit Wing International Holdings HKSE:02119 61 Days Payable is 56.71 as of Jun. 2026, which is 2% above its 10-year median of 55.48. GuruFocus rates HKSE:02119 with a GF Score™ of 61/100 and a GF Value™ of HK$0.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Tsit Wing International Holdings ranks worse than 51.3% on this metric.

Tsit Wing International Holdings's average Accounts Payable for the six months ended in Jun. 2026 was HK$88.5 Mil. Tsit Wing International Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$284.8 Mil. Hence, Tsit Wing International Holdings's Days Payable for the six months ended in Jun. 2026 was 56.71.

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

HKSE:02119' s Days Payable Range Over the Past 10 Years
Min: 40.38   Med: 55.48   Max: 66.42
Current: 56.57

During the past 13 years, Tsit Wing International Holdings's highest Days Payable was 66.42. The lowest was 40.38. And the median was 55.48.

HKSE:02119's Days Payable is ranked worse than
51.3% of 115 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 56.78 vs HKSE:02119: 56.57

Tsit Wing International Holdings's Days Payable declined from Jun. 2025 (59.77) to Jun. 2026 (56.71). It may suggest that Tsit Wing International Holdings accelerated paying its suppliers.


Tsit Wing International Holdings Days Payable Related Terms


Tsit Wing International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tsit Wing International 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.

Tsit Wing International Holdings Days Payable Chart

Tsit Wing International Holdings Annual Data
Trend Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.21 66.42 52.79 54.01 55.74

Tsit Wing International Holdings Semi-Annual Data
Dec12 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 57.07 56.23 59.77 57.91 56.71

HKSE:02119 vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Tsit Wing International 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.


Tsit Wing International Holdings Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tsit Wing International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsit Wing International Holdings's Days Payable falls into.


HKSE:02119
61GF Score
Tsit Wing International Holdings Ltd HKSE:02119
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsit Wing International 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.

Tsit Wing International 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
=( (77.25 + 95.842) / 2 ) / 566.744*365
=86.546 / 566.744*365
=55.74

Tsit Wing International Holdings's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (95.842 + 81.15) / 2 ) / 284.794*365 / 2
=88.496 / 284.794*365 / 2
=56.71

* 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 56.71 mean?
Tsit Wing International Holdings (HKSE:02119) has a Days Payable of 56.71 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tsit Wing International Holdings and its competitors. This is near median its historical median of 55.48. Over the past decade, Tsit Wing International Holdings' Days Payable has ranged from 40.38 to 66.42. According to the industry distribution chart, Tsit Wing International Holdings ranks #59 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 51.3%.
Is Tsit Wing International Holdings' Days Payable too high?
Tsit Wing International Holdings' current Days Payable of 56.71 is near median its 10-year median of 55.48. Over the past 10 years, this metric has ranged from a low of 40.38 to a high of 66.42. The Beverages - Non-Alcoholic industry median Days Payable is 56.78. Tsit Wing International Holdings' value of 56.71 is 0.1% below this industry median. Based on the distribution chart, Tsit Wing International Holdings ranks #59 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Tsit Wing International Holdings has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsit Wing International Holdings' Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Tsit Wing International Holdings ranks #59 out of 115 companies for Days Payable. This places Tsit Wing International Holdings in the lower half of its industry. The industry median Days Payable is 56.78. Tsit Wing International Holdings' value of 56.71 is 0.1% below this benchmark. Historically, Tsit Wing International Holdings' own Days Payable has ranged from 40.38 to 66.42 over the past decade. While the company's 10-year median is 55.48 vs. the industry median of 56.78, Tsit Wing International 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 56.78, based on 115 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. Tsit Wing International Holdings's current Days Payable of 56.71 is 0.1% 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 Tsit Wing International Holdings and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 56.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsit Wing International Holdings's current Days Payable is 56.71, which is near 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 Tsit Wing International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tsit Wing International Holdings (HKSE:02119) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.63, compared to a current price of HK$0.45 — trading 28.6% below its estimated fair value. The current Days Payable is 56.71, which is near median its 10-year median of 55.48 and 0.1% below the Beverages - Non-Alcoholic industry median of 56.78. Tsit Wing International Holdings' overall GF Score™ is 61/100 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 Tsit Wing International Holdings (HKSE:02119), the current Days Payable is 56.71 as of Jun. 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 Tsit Wing International Holdings (HKSE:02119) Overvalued in 2026?

Based on GuruFocus' analysis, Tsit Wing International Holdings stock appears to be undervalued. The current stock price of HK$0.45 is trading 28.6% below its estimated GF Value™ of HK$0.63. GuruFocus considers Tsit Wing International Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:02119:

  • Days Payable: 56.71 (near median its 10-year median of 55.48)
  • GF Value™: HK$0.63 vs. price of HK$0.45 (28.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 0.1% below the Beverages - Non-Alcoholic median (#59 of 115)

No single metric tells the full story. See the HKSE:02119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsit Wing International Holdings Business Description

Address 15-33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Tsit Wing International Holdings Ltd is an investment holding company which, through its subsidiaries, mainly engages in the processing and distribution of coffee, tea, and related complementary products and services, the distribution of frozen food, and the sale of coffee and tea machines along with the provision of coffee and tea machine solutions, which generates maximum revenue. The company generates maximum revenue from Hong Kong.
61GF Score

Get the complete analysis for HKSE:02119

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

HK$0.45
Price
HK$0.63
GF Value