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Tian Chang Group HoldingsHKSE:02182 50 Days Payable is 54.10 as of Dec. 2025, which is 20% below its 10-year median of 67.75. GuruFocus rates HKSE:02182 with a GF Score™ of 50/100 and a GF Value™ of HK$0.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 502 Conglomerates companies, Tian Chang Group Holdings ranks better than 51.39% on this metric.
* 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.
For the Conglomerates subindustry, Tian Chang Group 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.
Tian Chang Group Holdings Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Tian Chang Group Holdings's Days Payable falls into.
Tian Chang Group 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.
Tian Chang Group Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tian Chang Group Holdings (HKSE:02182) has a Days Payable of 54.10 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 Tian Chang Group Holdings and its competitors. This is 20% below median its historical median of 67.75. Over the past decade, Tian Chang Group Holdings' Days Payable has ranged from 54.64 to 86.86. According to the industry distribution chart, Tian Chang Group Holdings ranks #244 out of 502 companies in the Conglomerates industry, placing it in the top 48.6%.
Is Tian Chang Group Holdings' Days Payable too high?
Tian Chang Group Holdings' current Days Payable of 54.10 is 20% below median its 10-year median of 67.75. Over the past 10 years, this metric has ranged from a low of 54.64 to a high of 86.86. The Conglomerates industry median Days Payable is 56.11. Tian Chang Group Holdings' value of 54.10 is 3.6% below this industry median. Based on the distribution chart, Tian Chang Group Holdings ranks #244 out of 502 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tian Chang Group Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Chang Group Holdings' Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tian Chang Group Holdings ranks #244 out of 502 companies for Days Payable. This puts Tian Chang Group Holdings in the upper half of its industry. The industry median Days Payable is 56.11. Tian Chang Group Holdings' value of 54.10 is 3.6% below this benchmark. Historically, Tian Chang Group Holdings' own Days Payable has ranged from 54.64 to 86.86 over the past decade. While the company's 10-year median is 67.75 vs. the industry median of 56.11, Tian Chang Group 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 502 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. Tian Chang Group Holdings's current Days Payable of 54.10 is 3.6% 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 Tian Chang Group Holdings and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Chang Group Holdings's current Days Payable is 54.10, which is 20% below median its own 10-year median of 67.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Chang Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Chang Group Holdings (HKSE:02182) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.32 — trading 16.7% above its estimated fair value. The current Days Payable is 54.10, which is 20% below median its 10-year median of 67.75 and 3.6% below the Conglomerates industry median of 56.11. Tian Chang Group 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 Tian Chang Group Holdings (HKSE:02182), the current Days Payable is 54.10 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 Tian Chang Group Holdings (HKSE:02182) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Chang Group Holdings stock appears to be overvalued.
The current stock price of HK$0.32 is trading 16.7% above its estimated GF Value™ of HK$0.27.
GuruFocus considers Tian Chang Group Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:02182:
Days Payable: 54.10 (20% below median its 10-year median of 67.75)
GF Value™: HK$0.27 vs. price of HK$0.32 (16.7% above fair value)
Industry Position: 3.6% below the Conglomerates median (#244 of 502)
No single metric tells the full story. See the HKSE:02182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Chang Group Holdings Ltd is principally engaged in the manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and the PRC. It operates in the segments of the Integrated plastic solutions segment, the Electronic cigarette products segment, and the Medical consumable products segment. The E-cigarette products segment involves the manufacture and sales of e-cigarette products, whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. The company derives key revenue from the PRC.
50GF Score
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