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TS LinesHKSE:02510 +5.62%20 Days Payable is 51.20 as of Dec. 2025, which is 8% below its 10-year median of 55.51. GuruFocus rates HKSE:02510 with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 970 Transportation companies, TS Lines ranks better than 59.9% on this metric.
TS Lines's average Accounts Payable for the
six
months ended in Dec. 2025 was HK$1,128 Mil. TS Lines's Cost of Goods Sold for the
six
months ended in Dec. 2025 was HK$4,021 Mil.
Hence, TS Lines's Days Payable for the
six
months ended in Dec. 2025 was 51.20.
The historical rank and industry rank for TS Lines's Days Payable or its related term are showing as below:
HKSE:02510'
s Days Payable Range Over the Past 10 Years
Min: 48.79 Med: 55.51 Max: 89.37
Current: 49.66
During the past 5 years, TS Lines's highest Days Payable was 89.37. The lowest was 48.79. And the median was 55.51.
HKSE:02510's Days Payable is ranked better than 59.9% of 970
companies
in the Transportation industry
Industry Median: 38.16
vs HKSE:02510: 49.66
TS Lines's Days Payable
increased
from Dec. 2024 (48.12) to Dec. 2025 (51.20).
It may suggest that TS Linesdelayed paying its suppliers.
The historical data trend for TS Lines'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.
For the Marine Shipping subindustry, TS Lines'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.
TS Lines Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, TS Lines's Days Payable distribution charts can be found below:
* The bar in red indicates where TS Lines's Days Payable falls into.
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.
TS Lines'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.
TS Lines (HKSE:02510) has a Days Payable of 51.20 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 TS Lines and its competitors. This is near median its historical median of 55.51. Over the past decade, TS Lines' Days Payable has ranged from 48.79 to 89.37. According to the industry distribution chart, TS Lines ranks #389 out of 970 companies in the Transportation industry, placing it in the top 40.1%.
Is TS Lines' Days Payable too high?
TS Lines' current Days Payable of 51.20 is near median its 10-year median of 55.51. Over the past 10 years, this metric has ranged from a low of 48.79 to a high of 89.37. The Transportation industry median Days Payable is 38.16. TS Lines' value of 51.20 is 34.2% above this industry median. Based on the distribution chart, TS Lines ranks #389 out of 970 companies in the Transportation industry, which is above the industry midpoint. Overall, TS Lines has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does TS Lines' Days Payable compare to competitors?
According to the Transportation industry distribution chart, TS Lines ranks #389 out of 970 companies for Days Payable. This puts TS Lines in the upper half of its industry. The industry median Days Payable is 38.16. TS Lines' value of 51.20 is 34.2% above this benchmark. Historically, TS Lines' own Days Payable has ranged from 48.79 to 89.37 over the past decade. While the company's 10-year median is 55.51 vs. the industry median of 38.16, TS Lines has consistently been above 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 Transportation company?
The median Days Payable among Transportation companies is 38.16, based on 970 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. TS Lines's current Days Payable of 51.20 is 34.2% above 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 TS Lines and its competitors. For the Transportation industry, the median Days Payable is 38.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TS Lines's current Days Payable is 51.20, which is near median its own 10-year median of 55.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TS Lines stock overvalued right now?
TS Lines (HKSE:02510) has a current Days Payable of 51.20. The current Days Payable is 51.20, which is near median its 10-year median of 55.51 and 34.2% above the Transportation industry median of 38.16. TS Lines' overall GF Score™ is 20/100 with 8 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 TS Lines (HKSE:02510), the current Days Payable is 51.20 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.
TS Lines Ltd is a container shipping company focused on the Asia region. Its fleet consists of both owned and chartered vessels, focusing on high-frequency short-haul services originating from Asia. The Group generates maximum revenue from the provision of container shipping services, and also generates some income from other related services comprising slottage revenue, demurrage, and detention income. Geographically, it generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong Special Administrative Region, Taiwan, Japan, Australia, the Philippines, Thailand, India, and other countries.
20GF Score
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