TL Natural Gas Holdings (HKSE:08536) Days Payable: 0.44 (As of Dec. 2025) — 43% Below Median

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HKSE:08536 TL Natural Gas Holdings Ltd HKSE:08536
50 GF Score
Price HK$0.24
GF Value HK$0.29
Valuation Modestly Undervalued
! 4 Warning Signs
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What is TL Natural Gas Holdings Days Payable?

TL Natural Gas Holdings HKSE:08536 50 Days Payable is 0.44 as of Dec. 2025, which is 43% below its 10-year median of 0.77. GuruFocus rates HKSE:08536 with a GF Score™ of 50/100 and a GF Value™ of HK$0.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 859 Oil & Gas companies, TL Natural Gas Holdings ranks worse than 99.77% on this metric.

TL Natural Gas Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$0.11 Mil. TL Natural Gas Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$44.47 Mil. Hence, TL Natural Gas Holdings's Days Payable for the six months ended in Dec. 2025 was 0.44.

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

HKSE:08536' s Days Payable Range Over the Past 10 Years
Min: 0.29   Med: 0.77   Max: 2.57
Current: 0.48

During the past 11 years, TL Natural Gas Holdings's highest Days Payable was 2.57. The lowest was 0.29. And the median was 0.77.

HKSE:08536's Days Payable is ranked worse than
99.77% of 859 companies
in the Oil & Gas industry
Industry Median: 58.49 vs HKSE:08536: 0.48

TL Natural Gas Holdings's Days Payable declined from Dec. 2024 (0.45) to Dec. 2025 (0.44). It may suggest that TL Natural Gas Holdings accelerated paying its suppliers.


TL Natural Gas Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for TL Natural Gas 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.

TL Natural Gas Holdings Days Payable Chart

TL Natural Gas 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 0.00 2.57 1.01 0.29 0.66

TL Natural Gas Holdings Semi-Annual Data
Dec15 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 0.09 0.31 0.45 0.32 0.44

HKSE:08536 vs CASY, WSM, ULTA: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, TL Natural Gas 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.


TL Natural Gas Holdings Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TL Natural Gas Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where TL Natural Gas Holdings's Days Payable falls into.


HKSE:08536
50GF Score
TL Natural Gas Holdings Ltd HKSE:08536
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TL Natural Gas 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.

TL Natural Gas 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
=( (0.127 + 0.191) / 2 ) / 87.84*365
=0.159 / 87.84*365
=0.66

TL Natural Gas 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
=( (0.024 + 0.191) / 2 ) / 44.465*365 / 2
=0.1075 / 44.465*365 / 2
=0.44

* 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 0.44 mean?
TL Natural Gas Holdings (HKSE:08536) has a Days Payable of 0.44 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 TL Natural Gas Holdings and its competitors. This is 43% below median its historical median of 0.77. Over the past decade, TL Natural Gas Holdings' Days Payable has ranged from 0.29 to 2.57. According to the industry distribution chart, TL Natural Gas Holdings ranks #857 out of 859 companies in the Oil & Gas industry, placing it in the top 99.8%.
Is TL Natural Gas Holdings' Days Payable too high?
TL Natural Gas Holdings' current Days Payable of 0.44 is 43% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.57. The Oil & Gas industry median Days Payable is 58.49. TL Natural Gas Holdings' value of 0.44 is 99.2% below this industry median. Based on the distribution chart, TL Natural Gas Holdings ranks #857 out of 859 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TL Natural Gas Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TL Natural Gas Holdings' Days Payable compare to CASY and WSM?
According to the Oil & Gas industry distribution chart, TL Natural Gas Holdings ranks #857 out of 859 companies for Days Payable. This places TL Natural Gas Holdings in the lower half of its industry. The industry median Days Payable is 58.49. TL Natural Gas Holdings' value of 0.44 is 99.2% below this benchmark. Historically, TL Natural Gas Holdings' own Days Payable has ranged from 0.29 to 2.57 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 58.49, TL Natural Gas 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.49, based on 859 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. TL Natural Gas Holdings's current Days Payable of 0.44 is 99.2% 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 TL Natural Gas Holdings and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TL Natural Gas Holdings's current Days Payable is 0.44, which is 43% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TL Natural Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, TL Natural Gas Holdings (HKSE:08536) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.24 — trading 16.2% below its estimated fair value. The current Days Payable is 0.44, which is 43% below median its 10-year median of 0.77 and 99.2% below the Oil & Gas industry median of 58.49. TL Natural Gas Holdings' overall GF Score™ is 50/100 with 4 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 TL Natural Gas Holdings (HKSE:08536), the current Days Payable is 0.44 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.

Is TL Natural Gas Holdings (HKSE:08536) Overvalued in 2026?

Based on GuruFocus' analysis, TL Natural Gas Holdings stock appears to be undervalued. The current stock price of HK$0.24 is trading 16.2% below its estimated GF Value™ of HK$0.29. GuruFocus considers TL Natural Gas Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08536:

  • Days Payable: 0.44 (43% below median its 10-year median of 0.77)
  • GF Value™: HK$0.29 vs. price of HK$0.24 (16.2% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 99.2% below the Oil & Gas median (#857 of 859)

No single metric tells the full story. See the HKSE:08536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TL Natural Gas Holdings Business Description

Industry EnergyOil & Gas
Address Dong Fang Road, Jingzhou Primary Station, Economic Development Zone, Hubei Province, Jingzhou, CHN
TL Natural Gas Holdings Ltd is engaged in the sale of natural gas, including compressed natural gas and liquefied natural gas, and the provision of transmission services for natural gas. The group has two reportable segments: Sales of natural gas and Others. The Others segment includes automated car wash and fast food catering services. It generates the majority of its revenue from the Sales of natural gas segment.
50GF Score

Get the complete analysis for HKSE:08536

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

HK$0.24
Price
HK$0.29
GF Value