Pu'er Lancang Ancient Tea Co (HKSE:06911) Days Payable: 276.81 (As of Dec. 2025) — 26% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06911 Pu'er Lancang Ancient Tea Co Ltd HKSE:06911
28 GF Score
Price HK$2.30
! 8 Warning Signs
View Full Analysis

What is Pu'er Lancang Ancient Tea Co Days Payable?

Pu'er Lancang Ancient Tea Co HKSE:06911 28 Days Payable is 276.81 as of Dec. 2025, which is 26% above its 10-year median of 219.20. GuruFocus rates HKSE:06911 with a GF Score™ of 28/100. The stock has 8 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Pu'er Lancang Ancient Tea Co ranks better than 96.67% on this metric.

Pu'er Lancang Ancient Tea Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$77.7 Mil. Pu'er Lancang Ancient Tea Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$51.2 Mil. Hence, Pu'er Lancang Ancient Tea Co's Days Payable for the six months ended in Dec. 2025 was 276.81.

The historical rank and industry rank for Pu'er Lancang Ancient Tea Co's Days Payable or its related term are showing as below:

HKSE:06911' s Days Payable Range Over the Past 10 Years
Min: 69.9   Med: 219.2   Max: 319.46
Current: 285.08

During the past 6 years, Pu'er Lancang Ancient Tea Co's highest Days Payable was 319.46. The lowest was 69.90. And the median was 219.20.

HKSE:06911's Days Payable is ranked better than
96.67% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs HKSE:06911: 285.08

Pu'er Lancang Ancient Tea Co's Days Payable increased from Dec. 2024 (239.78) to Dec. 2025 (276.81). It may suggest that Pu'er Lancang Ancient Tea Co delayed paying its suppliers.


Pu'er Lancang Ancient Tea Co Days Payable Historical Data

* Premium members only.

The historical data trend for Pu'er Lancang Ancient Tea 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.

Pu'er Lancang Ancient Tea Co Days Payable Chart

Pu'er Lancang Ancient Tea Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 69.90 190.89 247.50 249.55 319.46

Pu'er Lancang Ancient Tea 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 271.61 320.99 239.78 258.97 276.81

HKSE:06911 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Pu'er Lancang Ancient Tea 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.


Pu'er Lancang Ancient Tea Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pu'er Lancang Ancient Tea Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pu'er Lancang Ancient Tea Co's Days Payable falls into.


HKSE:06911
28GF Score
Pu'er Lancang Ancient Tea Co Ltd HKSE:06911
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pu'er Lancang Ancient Tea 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.

Pu'er Lancang Ancient Tea 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
=( (112.778 + 88.738) / 2 ) / 115.12*365
=100.758 / 115.12*365
=319.46

Pu'er Lancang Ancient Tea 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
=( (66.647 + 88.738) / 2 ) / 51.223*365 / 2
=77.6925 / 51.223*365 / 2
=276.81

* 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 276.81 mean?
Pu'er Lancang Ancient Tea Co (HKSE:06911) has a Days Payable of 276.81 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 Pu'er Lancang Ancient Tea Co and its competitors. This is 26% above median its historical median of 219.20. Over the past decade, Pu'er Lancang Ancient Tea Co's Days Payable has ranged from 69.90 to 319.46. According to the industry distribution chart, Pu'er Lancang Ancient Tea Co ranks #63 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 3.3%.
Is Pu'er Lancang Ancient Tea Co's Days Payable too high?
Pu'er Lancang Ancient Tea Co's current Days Payable of 276.81 is 26% above median its 10-year median of 219.20. Over the past 10 years, this metric has ranged from a low of 69.90 to a high of 319.46. The Consumer Packaged Goods industry median Days Payable is 44.15. Pu'er Lancang Ancient Tea Co's value of 276.81 is 527% above this industry median. Based on the distribution chart, Pu'er Lancang Ancient Tea Co ranks #63 out of 1894 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Pu'er Lancang Ancient Tea Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Pu'er Lancang Ancient Tea Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Pu'er Lancang Ancient Tea Co ranks #63 out of 1894 companies for Days Payable. This places Pu'er Lancang Ancient Tea Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.15. Pu'er Lancang Ancient Tea Co's value of 276.81 is 527% above this benchmark. Historically, Pu'er Lancang Ancient Tea Co's own Days Payable has ranged from 69.90 to 319.46 over the past decade. While the company's 10-year median is 219.20 vs. the industry median of 44.15, Pu'er Lancang Ancient Tea 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 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. Pu'er Lancang Ancient Tea Co's current Days Payable of 276.81 is 527% 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 Pu'er Lancang Ancient Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pu'er Lancang Ancient Tea Co's current Days Payable is 276.81, which is 26% above median its own 10-year median of 219.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pu'er Lancang Ancient Tea Co stock overvalued right now?
Pu'er Lancang Ancient Tea Co (HKSE:06911) has a current Days Payable of 276.81. The current Days Payable is 276.81, which is 26% above median its 10-year median of 219.20 and 527% above the Consumer Packaged Goods industry median of 44.15. Pu'er Lancang Ancient Tea Co's overall GF Score™ is 28/100 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 Pu'er Lancang Ancient Tea Co (HKSE:06911), the current Days Payable is 276.81 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.

Pu'er Lancang Ancient Tea Co Business Description

Address Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN
Pu'er Lancang Ancient Tea Co Ltd operates in the manufacturing industry. Its main products and services include the purchase, production, and sale of Pu'er tea, black tea, and green tea, as well as the sale of tea ware and tea utensils. Geographically, the company generates all of its revenue from the PRC.
28GF Score

Get the complete analysis for HKSE:06911

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

HK$2.30
Price