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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.
What is Tianjin Hi-Tech Development Co Days Payable?
Tianjin Hi-Tech Development CoSHSE:600082 54 Days Payable is 387.74 as of Mar. 2026, which is 302% above its 10-year median of 96.56. GuruFocus rates SHSE:600082 with a GF Score™ of 54/100 and a GF Value™ of ¥3.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 510 Conglomerates companies, Tianjin Hi-Tech Development Co ranks worse than 70% on this metric.
* 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.
For the Conglomerates subindustry, Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tianjin Hi-Tech Development Co's Days Payable falls into.
Tianjin Hi-Tech Development 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.
* 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.
Tianjin Hi-Tech Development Co (SHSE:600082) has a Days Payable of 387.74 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 Tianjin Hi-Tech Development Co and its competitors. This is 302% above median its historical median of 96.56. Over the past decade, Tianjin Hi-Tech Development Co's Days Payable has ranged from 36.86 to 189.73. According to the industry distribution chart, Tianjin Hi-Tech Development Co ranks #357 out of 510 companies in the Conglomerates industry, placing it in the top 70%.
Is Tianjin Hi-Tech Development Co's Days Payable too high?
Tianjin Hi-Tech Development Co's current Days Payable of 387.74 is 302% above median its 10-year median of 96.56. Over the past 10 years, this metric has ranged from a low of 36.86 to a high of 189.73. The Conglomerates industry median Days Payable is 56.11. Tianjin Hi-Tech Development Co's value of 387.74 is 591% above this industry median. Based on the distribution chart, Tianjin Hi-Tech Development Co ranks #357 out of 510 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Tianjin Hi-Tech Development Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Hi-Tech Development Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tianjin Hi-Tech Development Co ranks #357 out of 510 companies for Days Payable. This places Tianjin Hi-Tech Development Co in the lower half of its industry. The industry median Days Payable is 56.11. Tianjin Hi-Tech Development Co's value of 387.74 is 591% above this benchmark. Historically, Tianjin Hi-Tech Development Co's own Days Payable has ranged from 36.86 to 189.73 over the past decade. While the company's 10-year median is 96.56 vs. the industry median of 56.11, Tianjin Hi-Tech Development 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. Tianjin Hi-Tech Development Co's current Days Payable of 387.74 is 591% 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 Tianjin Hi-Tech Development Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Hi-Tech Development Co's current Days Payable is 387.74, which is 302% above median its own 10-year median of 96.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Hi-Tech Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co (SHSE:600082) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.46, compared to a current price of ¥2.66 — trading 23.1% below its estimated fair value. The current Days Payable is 387.74, which is 302% above median its 10-year median of 96.56 and 591% above the Conglomerates industry median of 56.11. Tianjin Hi-Tech Development Co's overall GF Score™ is 54/100 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 Tianjin Hi-Tech Development Co (SHSE:600082), the current Days Payable is 387.74 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 Tianjin Hi-Tech Development Co (SHSE:600082) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co stock appears to be undervalued.
The current stock price of ¥2.66 is trading 23.1% below its estimated GF Value™ of ¥3.46.
GuruFocus considers Tianjin Hi-Tech Development Co to be Modestly Undervalued.
Key valuation signals for SHSE:600082:
Days Payable: 387.74 (302% above median its 10-year median of 96.56)
GF Value™: ¥3.46 vs. price of ¥2.66 (23.1% below fair value)
Industry Position: 591% above the Conglomerates median (#357 of 510)
No single metric tells the full story. See the SHSE:600082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin Hi-Tech Development Co Business Description
Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.
54GF Score
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