China Ting Group Holdings (HKSE:03398) Days Payable: 120.11 (As of Dec. 2025) — 24% Above Median

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What is China Ting Group Holdings Days Payable?

China Ting Group Holdings HKSE:03398 -16.24% Days Payable is 120.11 as of Dec. 2025, which is 24% above its 10-year median of 96.89. The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, China Ting Group Holdings ranks better than 77.94% on this metric.

China Ting Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$385 Mil. China Ting Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$584 Mil. Hence, China Ting Group Holdings's Days Payable for the six months ended in Dec. 2025 was 120.11.

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

HKSE:03398' s Days Payable Range Over the Past 10 Years
Min: 90.9   Med: 96.89   Max: 106.61
Current: 106.61

During the past 13 years, China Ting Group Holdings's highest Days Payable was 106.61. The lowest was 90.90. And the median was 96.89.

HKSE:03398's Days Payable is ranked better than
77.94% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.435 vs HKSE:03398: 106.61

China Ting Group Holdings's Days Payable increased from Dec. 2024 (92.20) to Dec. 2025 (120.11). It may suggest that China Ting Group Holdings delayed paying its suppliers.


China Ting Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Ting 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.

China Ting Group Holdings Days Payable Chart

China Ting 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 95.65 99.51 92.83 98.59 104.86

China Ting Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 85.58 86.26 92.20 97.46 120.11

HKSE:03398 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, China Ting 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.


China Ting Group Holdings Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Ting Group Holdings's Days Payable distribution charts can be found below:

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



China Ting 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.

China Ting 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
=( (387.934 + 370.878) / 2 ) / 1320.661*365
=379.406 / 1320.661*365
=104.86

China Ting Group Holdings'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
=( (398.384 + 370.878) / 2 ) / 584.442*365 / 2
=384.631 / 584.442*365 / 2
=120.11

* 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 120.11 mean?
China Ting Group Holdings (HKSE:03398) has a Days Payable of 120.11 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 China Ting Group Holdings and its competitors. This is 24% above median its historical median of 96.89. Over the past decade, China Ting Group Holdings' Days Payable has ranged from 90.90 to 106.61. According to the industry distribution chart, China Ting Group Holdings ranks #225 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.1%.
Is China Ting Group Holdings' Days Payable too high?
China Ting Group Holdings' current Days Payable of 120.11 is 24% above median its 10-year median of 96.89. Over the past 10 years, this metric has ranged from a low of 90.90 to a high of 106.61. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.44. China Ting Group Holdings' value of 120.11 is 120.6% above this industry median. Based on the distribution chart, China Ting Group Holdings ranks #225 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers.
How does China Ting Group Holdings' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Ting Group Holdings ranks #225 out of 1020 companies for Days Payable. This places China Ting Group Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.44. China Ting Group Holdings' value of 120.11 is 120.6% above this benchmark. Historically, China Ting Group Holdings' own Days Payable has ranged from 90.90 to 106.61 over the past decade. While the company's 10-year median is 96.89 vs. the industry median of 54.44, China Ting Group Holdings 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.44, based on 1,020 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. China Ting Group Holdings's current Days Payable of 120.11 is 120.6% 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 China Ting Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Ting Group Holdings's current Days Payable is 120.11, which is 24% above median its own 10-year median of 96.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ting Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Ting Group Holdings (HKSE:03398) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.10 — trading 45.6% below its estimated fair value. The current Days Payable is 120.11, which is 24% above median its 10-year median of 96.89 and 120.6% above the Manufacturing - Apparel & Accessories industry median of 54.44. 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 China Ting Group Holdings (HKSE:03398), the current Days Payable is 120.11 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.

China Ting Group Holdings Business Description

Address 55 King Yip Street, 27th Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
China Ting Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in garment manufacturing for export and retailing branded fashion apparel in Mainland China. It operates in three reportable segments, including manufacturing and sale of garments on an original equipment manufacturer (OEM), manufacturing and retailing of branded fashion apparel (Retail), and property investment in the Chinese Mainland (Property investment). The Group derives the majority of its revenue from the OEM segment. Geographically, it derives maximum revenue from the Chinese mainland and also has operations in North America, the European Union, Hong Kong, and Other regions.