Taste Gourmet Group (HKSE:08371) Days Payable: 37.11 (As of Mar. 2026) — 201% Above Median

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HKSE:08371 Taste Gourmet Group Ltd HKSE:08371
97 GF Score
Price HK$1.88
GF Value HK$2.20
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Taste Gourmet Group Days Payable?

Taste Gourmet Group HKSE:08371 97 Days Payable is 37.11 as of Mar. 2026, which is 201% above its 10-year median of 12.34. GuruFocus rates HKSE:08371 with a GF Score™ of 97/100 and a GF Value™ of HK$2.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 352 Restaurants companies, Taste Gourmet Group ranks worse than 65.63% on this metric.

Taste Gourmet Group's average Accounts Payable for the six months ended in Mar. 2026 was HK$80 Mil. Taste Gourmet Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$393 Mil. Hence, Taste Gourmet Group's Days Payable for the six months ended in Mar. 2026 was 37.11.

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

HKSE:08371' s Days Payable Range Over the Past 10 Years
Min: 9.58   Med: 12.34   Max: 29.17
Current: 29.17

During the past 11 years, Taste Gourmet Group's highest Days Payable was 29.17. The lowest was 9.58. And the median was 12.34.

HKSE:08371's Days Payable is ranked worse than
65.63% of 352 companies
in the Restaurants industry
Industry Median: 34.755 vs HKSE:08371: 29.17

Taste Gourmet Group's Days Payable increased from Mar. 2025 (35.67) to Mar. 2026 (37.11). It may suggest that Taste Gourmet Group delayed paying its suppliers.


Taste Gourmet Group Days Payable Historical Data

* Premium members only.

The historical data trend for Taste Gourmet Group'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.

Taste Gourmet Group Days Payable Chart

Taste Gourmet Group 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 9.58 10.07 12.99 12.84 12.91

Taste Gourmet Group Semi-Annual Data
Mar16 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 34.20 36.86 35.67 37.50 37.11

HKSE:08371 vs MCD, SBUX, YUM: Days Payable Comparison

For the Restaurants subindustry, Taste Gourmet Group'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.


Taste Gourmet Group Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Taste Gourmet Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Taste Gourmet Group's Days Payable falls into.


HKSE:08371
97GF Score
Taste Gourmet Group Ltd HKSE:08371
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taste Gourmet Group 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.

Taste Gourmet Group'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
=( (26.66 + 28.296) / 2 ) / 777.086*365
=27.478 / 777.086*365
=12.91

Taste Gourmet Group'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
=( (131.349 + 28.296) / 2 ) / 392.564*365 / 2
=79.8225 / 392.564*365 / 2
=37.11

* 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 37.11 mean?
Taste Gourmet Group (HKSE:08371) has a Days Payable of 37.11 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 Taste Gourmet Group and its competitors. This is 201% above median its historical median of 12.34. Over the past decade, Taste Gourmet Group's Days Payable has ranged from 9.58 to 29.17. According to the industry distribution chart, Taste Gourmet Group ranks #231 out of 352 companies in the Restaurants industry, placing it in the top 65.6%.
Is Taste Gourmet Group's Days Payable too high?
Taste Gourmet Group's current Days Payable of 37.11 is 201% above median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 29.17. The Restaurants industry median Days Payable is 34.76. Taste Gourmet Group's value of 37.11 is 6.8% above this industry median. Based on the distribution chart, Taste Gourmet Group ranks #231 out of 352 companies in the Restaurants industry, which is below the industry midpoint. Overall, Taste Gourmet Group has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taste Gourmet Group's Days Payable compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Taste Gourmet Group ranks #231 out of 352 companies for Days Payable. This places Taste Gourmet Group in the lower half of its industry. The industry median Days Payable is 34.76. Taste Gourmet Group's value of 37.11 is 6.8% above this benchmark. Historically, Taste Gourmet Group's own Days Payable has ranged from 9.58 to 29.17 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 34.76, Taste Gourmet Group 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 Restaurants company?
The median Days Payable among Restaurants companies is 34.76, based on 352 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. Taste Gourmet Group's current Days Payable of 37.11 is 6.8% 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 Taste Gourmet Group and its competitors. For the Restaurants industry, the median Days Payable is 34.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taste Gourmet Group's current Days Payable is 37.11, which is 201% above median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taste Gourmet Group stock overvalued right now?
Based on GuruFocus' analysis, Taste Gourmet Group (HKSE:08371) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.20, compared to a current price of HK$1.88 — trading 14.5% below its estimated fair value. The current Days Payable is 37.11, which is 201% above median its 10-year median of 12.34 and 6.8% above the Restaurants industry median of 34.76. Taste Gourmet Group's overall GF Score™ is 97/100 with 1 warning sign 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 Taste Gourmet Group (HKSE:08371), the current Days Payable is 37.11 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 Taste Gourmet Group (HKSE:08371) Overvalued in 2026?

Based on GuruFocus' analysis, Taste Gourmet Group stock appears to be undervalued. The current stock price of HK$1.88 is trading 14.5% below its estimated GF Value™ of HK$2.20. GuruFocus considers Taste Gourmet Group to be Modestly Undervalued.

Key valuation signals for HKSE:08371:

  • Days Payable: 37.11 (201% above median its 10-year median of 12.34)
  • GF Value™: HK$2.20 vs. price of HK$1.88 (14.5% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 6.8% above the Restaurants median (#231 of 352)

No single metric tells the full story. See the HKSE:08371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taste Gourmet Group Business Description

Address 99-101 Jervois Street, Unit B, 24th Floor, Crawford Tower, Sheung Wan, Hong Kong, HKG
Taste Gourmet Group Ltd is an investment holding company whose subsidiaries are engaged in the operation of full-service restaurants and kiosks. The Group operates a multi-brand, multi-cuisine restaurant chain serving Southeast Asian, Chinese, Japanese and Western cuisines, targeting mid-to-high-end customer segments. Since the opening of its first restaurant, Urawa Japanese Restaurant, the Group has expanded its restaurant network through a multi-brand business model. Its restaurants are strategically located in prime areas, including premium shopping malls and street-level locations. Geographically, the Group operates in Hong Kong, which contributes the majority of its revenue, and Mainland China.
97GF Score

Get the complete analysis for HKSE:08371

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

HK$1.88
Price
HK$2.20
GF Value