Times Universal Group Holdings (HKSE:02310) Days Payable: 11.75 (As of Jun. 2026) — 30% Above Median

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HKSE:02310 Times Universal Group Holdings Ltd HKSE:02310
27 GF Score
Price HK$0.18
GF Value HK$0.04
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Times Universal Group Holdings Days Payable?

Times Universal Group Holdings HKSE:02310 27 Days Payable is 11.75 as of Jun. 2026, which is 30% above its 10-year median of 9.06. GuruFocus rates HKSE:02310 with a GF Score™ of 27/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 776 Travel & Leisure companies, Times Universal Group Holdings ranks worse than 91.88% on this metric.

Times Universal Group Holdings's average Accounts Payable for the six months ended in Jun. 2026 was HK$3.2 Mil. Times Universal Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$50.3 Mil. Hence, Times Universal Group Holdings's Days Payable for the six months ended in Jun. 2026 was 11.74.

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

HKSE:02310' s Days Payable Range Over the Past 10 Years
Min: 4.26   Med: 9.06   Max: 998.13
Current: 11.39

During the past 13 years, Times Universal Group Holdings's highest Days Payable was 998.13. The lowest was 4.26. And the median was 9.06.

HKSE:02310's Days Payable is ranked worse than
91.88% of 776 companies
in the Travel & Leisure industry
Industry Median: 56.545 vs HKSE:02310: 11.39

Times Universal Group Holdings's Days Payable increased from Jun. 2025 (11.50) to Jun. 2026 (11.75). It may suggest that Times Universal Group Holdings delayed paying its suppliers.


Times Universal Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Times Universal Group 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.

Times Universal Group Holdings Days Payable Chart

Times Universal Group 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 3.81 6.25 8.04 9.73 11.61

Times Universal Group Holdings Semi-Annual Data
Dec16 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 9.82 9.85 11.50 10.07 11.75

HKSE:02310 vs LVS, MGM, WYNN: Days Payable Comparison

For the Resorts & Casinos subindustry, Times Universal 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.


Times Universal Group Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Times Universal Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Times Universal Group Holdings's Days Payable falls into.


HKSE:02310
27GF Score
Times Universal Group Holdings Ltd HKSE:02310
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Times Universal 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.

Times Universal Group 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
=( (2.878 + 3.261) / 2 ) / 96.532*365
=3.0695 / 96.532*365
=11.61

Times Universal Group 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
=( (3.261 + 3.211) / 2 ) / 50.283*365 / 2
=3.236 / 50.283*365 / 2
=11.74

* 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 11.75 mean?
Times Universal Group Holdings (HKSE:02310) has a Days Payable of 11.75 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 Times Universal Group Holdings and its competitors. This is 30% above median its historical median of 9.06. Over the past decade, Times Universal Group Holdings' Days Payable has ranged from 4.26 to 998.13. According to the industry distribution chart, Times Universal Group Holdings ranks #713 out of 776 companies in the Travel & Leisure industry, placing it in the top 91.9%.
Is Times Universal Group Holdings' Days Payable too high?
Times Universal Group Holdings' current Days Payable of 11.75 is 30% above median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 998.13. The Travel & Leisure industry median Days Payable is 56.55. Times Universal Group Holdings' value of 11.75 is 79.2% below this industry median. Based on the distribution chart, Times Universal Group Holdings ranks #713 out of 776 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Times Universal Group Holdings has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Times Universal Group Holdings' Days Payable compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Times Universal Group Holdings ranks #713 out of 776 companies for Days Payable. This places Times Universal Group Holdings in the lower half of its industry. The industry median Days Payable is 56.55. Times Universal Group Holdings' value of 11.75 is 79.2% below this benchmark. Historically, Times Universal Group Holdings' own Days Payable has ranged from 4.26 to 998.13 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 56.55, Times Universal 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.55, based on 776 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. Times Universal Group Holdings's current Days Payable of 11.75 is 79.2% 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 Times Universal Group Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Times Universal Group Holdings's current Days Payable is 11.75, which is 30% above median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Times Universal Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Times Universal Group Holdings (HKSE:02310) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.18 — trading 350% above its estimated fair value. The current Days Payable is 11.75, which is 30% above median its 10-year median of 9.06 and 79.2% below the Travel & Leisure industry median of 56.55. Times Universal Group Holdings' overall GF Score™ is 27/100 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 Times Universal Group Holdings (HKSE:02310), the current Days Payable is 11.75 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 Times Universal Group Holdings (HKSE:02310) Overvalued in 2026?

Based on GuruFocus' analysis, Times Universal Group Holdings stock appears to be overvalued. The current stock price of HK$0.18 is trading 350% above its estimated GF Value™ of HK$0.04. GuruFocus considers Times Universal Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02310:

  • Days Payable: 11.75 (30% above median its 10-year median of 9.06)
  • GF Value™: HK$0.04 vs. price of HK$0.18 (350% above fair value)
  • GF Score™: 27/100 with 3 warning signs
  • Industry Position: 79.2% below the Travel & Leisure median (#713 of 776)

No single metric tells the full story. See the HKSE:02310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Times Universal Group Holdings Business Description

Address 78 Bonham Strand East, Unit 3002, 30th Floor, Workington Tower, Sheung Wan, Hong Kong, HKG
Times Universal Group Holdings Ltd is a Hong Kong-based investment holding company. Along with its subsidiaries, it is principally engaged in the operation of hotels and the provision of property management services. The company has the following reportable segments: Hotel Operation, which is engaged in the operation of a resort in Canada; Properties Management, which is engaged in properties management in the People's Republic of China (PRC); and Catering Management, providing catering management services in the PRC. The majority of its revenue is generated from the Hotel operation segment. Geographically, the group generates maximum revenue from Canada and the rest from the People's Republic of China.
27GF Score

Get the complete analysis for HKSE:02310

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

HK$0.18
Price
HK$0.04
GF Value