Times Neighborhood Holdings (HKSE:09928) Days Payable: 110.49 (As of Dec. 2025) — 53% Above Median

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HKSE:09928 Times Neighborhood Holdings Ltd HKSE:09928
64 GF Score
Price HK$0.49
GF Value HK$0.58
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Times Neighborhood Holdings Days Payable?

Times Neighborhood Holdings HKSE:09928 64 Days Payable is 110.49 as of Dec. 2025, which is 53% above its 10-year median of 72.17. GuruFocus rates HKSE:09928 with a GF Score™ of 64/100 and a GF Value™ of HK$0.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,573 Real Estate companies, Times Neighborhood Holdings ranks better than 55.5% on this metric.

Times Neighborhood Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$687 Mil. Times Neighborhood Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,135 Mil. Hence, Times Neighborhood Holdings's Days Payable for the six months ended in Dec. 2025 was 110.49.

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

HKSE:09928' s Days Payable Range Over the Past 10 Years
Min: 55.62   Med: 72.17   Max: 111.71
Current: 110.4

During the past 10 years, Times Neighborhood Holdings's highest Days Payable was 111.71. The lowest was 55.62. And the median was 72.17.

HKSE:09928's Days Payable is ranked better than
55.5% of 1573 companies
in the Real Estate industry
Industry Median: 92.71 vs HKSE:09928: 110.40

Times Neighborhood Holdings's Days Payable increased from Dec. 2024 (100.66) to Dec. 2025 (110.49). It may suggest that Times Neighborhood Holdings delayed paying its suppliers.


Times Neighborhood Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Times Neighborhood 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.

Times Neighborhood Holdings Days Payable Chart

Times Neighborhood 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 77.16 105.47 104.76 109.85 111.71

Times Neighborhood Holdings Semi-Annual Data
Dec16 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 93.58 109.26 100.66 108.36 110.49

HKSE:09928 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Times Neighborhood 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.


Times Neighborhood Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Times Neighborhood Holdings's Days Payable falls into.


HKSE:09928
64GF Score
Times Neighborhood Holdings Ltd HKSE:09928
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Times Neighborhood 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.

Times Neighborhood 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
=( (619.747 + 732.545) / 2 ) / 2209.245*365
=676.146 / 2209.245*365
=111.71

Times Neighborhood 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
=( (642.149 + 732.545) / 2 ) / 1135.275*365 / 2
=687.347 / 1135.275*365 / 2
=110.49

* 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 110.49 mean?
Times Neighborhood Holdings (HKSE:09928) has a Days Payable of 110.49 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 Times Neighborhood Holdings and its competitors. This is 53% above median its historical median of 72.17. Over the past decade, Times Neighborhood Holdings' Days Payable has ranged from 55.62 to 111.71. According to the industry distribution chart, Times Neighborhood Holdings ranks #700 out of 1573 companies in the Real Estate industry, placing it in the top 44.5%.
Is Times Neighborhood Holdings' Days Payable too high?
Times Neighborhood Holdings' current Days Payable of 110.49 is 53% above median its 10-year median of 72.17. Over the past 10 years, this metric has ranged from a low of 55.62 to a high of 111.71. The Real Estate industry median Days Payable is 92.71. Times Neighborhood Holdings' value of 110.49 is 19.2% above this industry median. Based on the distribution chart, Times Neighborhood Holdings ranks #700 out of 1573 companies in the Real Estate industry, which is above the industry midpoint. Overall, Times Neighborhood Holdings has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Times Neighborhood Holdings' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Times Neighborhood Holdings ranks #700 out of 1573 companies for Days Payable. This puts Times Neighborhood Holdings in the upper half of its industry. The industry median Days Payable is 92.71. Times Neighborhood Holdings' value of 110.49 is 19.2% above this benchmark. Historically, Times Neighborhood Holdings' own Days Payable has ranged from 55.62 to 111.71 over the past decade. While the company's 10-year median is 72.17 vs. the industry median of 92.71, Times Neighborhood 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.71, based on 1,573 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. Times Neighborhood Holdings's current Days Payable of 110.49 is 19.2% 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 Times Neighborhood Holdings and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Times Neighborhood Holdings's current Days Payable is 110.49, which is 53% above median its own 10-year median of 72.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Times Neighborhood Holdings stock overvalued right now?
Based on GuruFocus' analysis, Times Neighborhood Holdings (HKSE:09928) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.58, compared to a current price of HK$0.49 — trading 15.5% below its estimated fair value. The current Days Payable is 110.49, which is 53% above median its 10-year median of 72.17 and 19.2% above the Real Estate industry median of 92.71. Times Neighborhood Holdings' overall GF Score™ is 64/100 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 Times Neighborhood Holdings (HKSE:09928), the current Days Payable is 110.49 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 Times Neighborhood Holdings (HKSE:09928) Overvalued in 2026?

Based on GuruFocus' analysis, Times Neighborhood Holdings stock appears to be undervalued. The current stock price of HK$0.49 is trading 15.5% below its estimated GF Value™ of HK$0.58. GuruFocus considers Times Neighborhood Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:09928:

  • Days Payable: 110.49 (53% above median its 10-year median of 72.17)
  • GF Value™: HK$0.58 vs. price of HK$0.49 (15.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 19.2% above the Real Estate median (#700 of 1573)

No single metric tells the full story. See the HKSE:09928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Times Neighborhood Holdings Business Description

Address No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN
Times Neighborhood Holdings Ltd is a growing urban comprehensive service operator in China, providing high-quality community services, urban services for diversified property types such as residences, industrial and logistics real estate, public buildings and other urban spaces. Its main business includes property management services, community value-added services and other professional services, comprehensively covering the entire property management value chain. It manages a diversified portfolio of properties, and in addition to focusing on the three businesses of residential, industrial parks and public buildings, it also manages commercial properties, office buildings, urban space and other businesses. Geographically, it derives revenue from Mainland China.
64GF Score

Get the complete analysis for HKSE:09928

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

HK$0.49
Price
HK$0.58
GF Value