Tianjin Construction Development Group Co (HKSE:02515) Days Payable: 321.64 (As of Dec. 2025) — 10% Below Median

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HKSE:02515 Tianjin Construction Development Group Co Ltd HKSE:02515
41 GF Score
Price HK$2.09
! 9 Warning Signs
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What is Tianjin Construction Development Group Co Days Payable?

Tianjin Construction Development Group Co HKSE:02515 +2.70% 41 Days Payable is 321.64 as of Dec. 2025, which is 10% below its 10-year median of 358.91. GuruFocus rates HKSE:02515 with a GF Score™ of 41/100. The stock has 9 warning signs investors should review. Among 1,721 Construction companies, Tianjin Construction Development Group Co ranks better than 93.78% on this metric.

Tianjin Construction Development Group Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$306.5 Mil. Tianjin Construction Development Group Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$173.9 Mil. Hence, Tianjin Construction Development Group Co's Days Payable for the six months ended in Dec. 2025 was 321.64.

The historical rank and industry rank for Tianjin Construction Development Group Co's Days Payable or its related term are showing as below:

HKSE:02515' s Days Payable Range Over the Past 10 Years
Min: 171.46   Med: 358.91   Max: 487.38
Current: 454.22

During the past 6 years, Tianjin Construction Development Group Co's highest Days Payable was 487.38. The lowest was 171.46. And the median was 358.91.

HKSE:02515's Days Payable is ranked better than
93.78% of 1721 companies
in the Construction industry
Industry Median: 76.67 vs HKSE:02515: 454.22

Tianjin Construction Development Group Co's Days Payable increased from Dec. 2024 (303.23) to Dec. 2025 (321.64). It may suggest that Tianjin Construction Development Group Co delayed paying its suppliers.


Tianjin Construction Development Group Co Days Payable Related Terms


Tianjin Construction Development Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tianjin Construction Development Group Co'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.

Tianjin Construction Development Group Co Days Payable Chart

Tianjin Construction Development Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 171.46 326.98 390.83 467.06 487.38

Tianjin Construction Development Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.41 631.61 303.23 701.42 321.64

HKSE:02515 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Tianjin Construction Development Group Co'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.


Tianjin Construction Development Group Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tianjin Construction Development Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Construction Development Group Co's Days Payable falls into.


HKSE:02515
41GF Score
Tianjin Construction Development Group Co Ltd HKSE:02515
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Construction Development Group Co 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.

Tianjin Construction Development Group Co'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
=( (319.026 + 349.858) / 2 ) / 250.466*365
=334.442 / 250.466*365
=487.38

Tianjin Construction Development Group Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (263.168 + 349.858) / 2 ) / 173.918*365 / 2
=306.513 / 173.918*365 / 2
=321.64

* 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 321.64 mean?
Tianjin Construction Development Group Co (HKSE:02515) has a Days Payable of 321.64 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 Tianjin Construction Development Group Co and its competitors. This is 10% below median its historical median of 358.91. Over the past decade, Tianjin Construction Development Group Co's Days Payable has ranged from 171.46 to 487.38. According to the industry distribution chart, Tianjin Construction Development Group Co ranks #107 out of 1721 companies in the Construction industry, placing it in the top 6.2%.
Is Tianjin Construction Development Group Co's Days Payable too high?
Tianjin Construction Development Group Co's current Days Payable of 321.64 is 10% below median its 10-year median of 358.91. Over the past 10 years, this metric has ranged from a low of 171.46 to a high of 487.38. The Construction industry median Days Payable is 76.67. Tianjin Construction Development Group Co's value of 321.64 is 319.5% above this industry median. Based on the distribution chart, Tianjin Construction Development Group Co ranks #107 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin Construction Development Group Co has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Construction Development Group Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tianjin Construction Development Group Co ranks #107 out of 1721 companies for Days Payable. This places Tianjin Construction Development Group Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.67. Tianjin Construction Development Group Co's value of 321.64 is 319.5% above this benchmark. Historically, Tianjin Construction Development Group Co's own Days Payable has ranged from 171.46 to 487.38 over the past decade. While the company's 10-year median is 358.91 vs. the industry median of 76.67, Tianjin Construction Development Group Co 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,721 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. Tianjin Construction Development Group Co's current Days Payable of 321.64 is 319.5% 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 Tianjin Construction Development Group Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Construction Development Group Co's current Days Payable is 321.64, which is 10% below median its own 10-year median of 358.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Construction Development Group Co stock overvalued right now?
Tianjin Construction Development Group Co (HKSE:02515) has a current Days Payable of 321.64. The current Days Payable is 321.64, which is 10% below median its 10-year median of 358.91 and 319.5% above the Construction industry median of 76.67. Tianjin Construction Development Group Co's overall GF Score™ is 41/100 with 9 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 Tianjin Construction Development Group Co (HKSE:02515), the current Days Payable is 321.64 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.

Tianjin Construction Development Group Co Business Description

Address No. 112 Dongting Road, Economic and Technological Development Zone, Binhai New Area, Tianjin, CHN
Tianjin Construction Development Group Co Ltd is a construction group based in Tianjin that offers comprehensive construction services. It is engaged in the construction business and strove to provide high-quality construction services to its customers by leveraging its self-developed Jiexiao System, a comprehensive construction project management software equipped with multiple functions including cost monitoring, progress measuring and resources tracking. The company operates only in PRC.
41GF Score

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