Tsun Yip Holdings (HKSE:08356) Days Payable: 54.91 (As of Mar. 2026) — Near 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:08356 Tsun Yip Holdings Ltd HKSE:08356
38 GF Score
Price HK$0.32
GF Value HK$0.53
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Tsun Yip Holdings Days Payable?

Tsun Yip Holdings HKSE:08356 +10.34% 38 Days Payable is 54.91 as of Mar. 2026, which is 7% below its 10-year median of 59.01. GuruFocus rates HKSE:08356 with a GF Score™ of 38/100 and a GF Value™ of HK$0.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Tsun Yip Holdings ranks worse than 65.89% on this metric.

Tsun Yip Holdings's average Accounts Payable for the six months ended in Mar. 2026 was HK$55.3 Mil. Tsun Yip Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$183.8 Mil. Hence, Tsun Yip Holdings's Days Payable for the six months ended in Mar. 2026 was 54.91.

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

HKSE:08356' s Days Payable Range Over the Past 10 Years
Min: 34.16   Med: 59.01   Max: 79.78
Current: 54.96

During the past 13 years, Tsun Yip Holdings's highest Days Payable was 79.78. The lowest was 34.16. And the median was 59.01.

HKSE:08356's Days Payable is ranked worse than
65.89% of 1721 companies
in the Construction industry
Industry Median: 76.6 vs HKSE:08356: 54.96

Tsun Yip Holdings's Days Payable declined from Mar. 2025 (69.67) to Mar. 2026 (54.91). It may suggest that Tsun Yip Holdings accelerated paying its suppliers.


Tsun Yip Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tsun Yip 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.

Tsun Yip Holdings Days Payable Chart

Tsun Yip Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.47 60.17 66.16 72.89 51.57

Tsun Yip Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 53.18 84.62 69.67 58.21 54.91

HKSE:08356 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Tsun Yip 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.


Tsun Yip Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tsun Yip Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsun Yip Holdings's Days Payable falls into.


HKSE:08356
38GF Score
Tsun Yip Holdings Ltd HKSE:08356
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsun Yip 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.

Tsun Yip Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (65.529 + 44.629) / 2 ) / 389.846*365
=55.079 / 389.846*365
=51.57

Tsun Yip Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (65.945 + 44.629) / 2 ) / 183.759*365 / 2
=55.287 / 183.759*365 / 2
=54.91

* 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 54.91 mean?
Tsun Yip Holdings (HKSE:08356) has a Days Payable of 54.91 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tsun Yip Holdings and its competitors. This is near median its historical median of 59.01. Over the past decade, Tsun Yip Holdings' Days Payable has ranged from 34.16 to 79.78. According to the industry distribution chart, Tsun Yip Holdings ranks #1134 out of 1721 companies in the Construction industry, placing it in the top 65.9%.
Is Tsun Yip Holdings' Days Payable too high?
Tsun Yip Holdings' current Days Payable of 54.91 is near median its 10-year median of 59.01. Over the past 10 years, this metric has ranged from a low of 34.16 to a high of 79.78. The Construction industry median Days Payable is 76.60. Tsun Yip Holdings' value of 54.91 is 28.3% below this industry median. Based on the distribution chart, Tsun Yip Holdings ranks #1134 out of 1721 companies in the Construction industry, which is below the industry midpoint. Overall, Tsun Yip Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tsun Yip Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tsun Yip Holdings ranks #1134 out of 1721 companies for Days Payable. This places Tsun Yip Holdings in the lower half of its industry. The industry median Days Payable is 76.60. Tsun Yip Holdings' value of 54.91 is 28.3% below this benchmark. Historically, Tsun Yip Holdings' own Days Payable has ranged from 34.16 to 79.78 over the past decade. While the company's 10-year median is 59.01 vs. the industry median of 76.60, Tsun Yip 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 Construction company?
The median Days Payable among Construction companies is 76.60, 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. Tsun Yip Holdings's current Days Payable of 54.91 is 28.3% 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 Tsun Yip Holdings and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsun Yip Holdings's current Days Payable is 54.91, which is near median its own 10-year median of 59.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsun Yip Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tsun Yip Holdings (HKSE:08356) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.32 — trading 39.6% below its estimated fair value. The current Days Payable is 54.91, which is near median its 10-year median of 59.01 and 28.3% below the Construction industry median of 76.60. Tsun Yip Holdings' overall GF Score™ is 38/100 with 5 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 Tsun Yip Holdings (HKSE:08356), the current Days Payable is 54.91 as of Mar. 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 Tsun Yip Holdings (HKSE:08356) Overvalued in 2026?

Based on GuruFocus' analysis, Tsun Yip Holdings stock appears to be undervalued. The current stock price of HK$0.32 is trading 39.6% below its estimated GF Value™ of HK$0.53. GuruFocus considers Tsun Yip Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08356:

  • Days Payable: 54.91 (near median its 10-year median of 59.01)
  • GF Value™: HK$0.53 vs. price of HK$0.32 (39.6% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 28.3% below the Construction median (#1134 of 1721)

No single metric tells the full story. See the HKSE:08356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsun Yip Holdings Business Description

Address 18 On Chuen Street, Unit M & N, 8 Floor, Hi-Speed Centre 1, Fanling, New Territories, HKG
Tsun Yip Holdings Ltd provides civil engineering services for the public sector in Hong Kong . The Provision of civil engineering services segment is engaged in the provision of waterworks engineering services, road works, drainage services, and site formation works for the public sector in Hong Kong.
38GF Score

Get the complete analysis for HKSE:08356

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

HK$0.32
Price
HK$0.53
GF Value