Beijing Tongrentang Co (SHSE:600085) Days Payable: 120.99 (As of Mar. 2026) — 16% Below Median

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SHSE:600085 Beijing Tongrentang Co Ltd SHSE:600085
81 GF Score
Price ¥24.35
GF Value ¥35.95
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Beijing Tongrentang Co Days Payable?

Beijing Tongrentang Co SHSE:600085 -0.41% 81 Days Payable is 120.99 as of Mar. 2026, which is 16% below its 10-year median of 144.71. GuruFocus rates SHSE:600085 with a GF Score™ of 81/100 and a GF Value™ of ¥35.95 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 925 Drug Manufacturers companies, Beijing Tongrentang Co ranks better than 75.57% on this metric.

Beijing Tongrentang Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,608 Mil. Beijing Tongrentang Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,721 Mil. Hence, Beijing Tongrentang Co's Days Payable for the three months ended in Mar. 2026 was 120.99.

The historical rank and industry rank for Beijing Tongrentang Co's Days Payable or its related term are showing as below:

SHSE:600085' s Days Payable Range Over the Past 10 Years
Min: 113.59   Med: 144.71   Max: 155.87
Current: 148.63

During the past 13 years, Beijing Tongrentang Co's highest Days Payable was 155.87. The lowest was 113.59. And the median was 144.71.

SHSE:600085's Days Payable is ranked better than
75.57% of 925 companies
in the Drug Manufacturers industry
Industry Median: 88.75 vs SHSE:600085: 148.63

Beijing Tongrentang Co's Days Payable declined from Mar. 2025 (135.56) to Mar. 2026 (120.99). It may suggest that Beijing Tongrentang Co accelerated paying its suppliers.


Beijing Tongrentang Co Days Payable Historical Data

* Premium members only.

The historical data trend for Beijing Tongrentang Co'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.

Beijing Tongrentang Co Days Payable Chart

Beijing Tongrentang Co 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 145.44 155.87 154.95 150.91 143.98

Beijing Tongrentang Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 135.56 152.51 182.58 145.62 120.99

SHSE:600085 vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Tongrentang 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.


Beijing Tongrentang Co Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Tongrentang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Tongrentang Co's Days Payable falls into.


SHSE:600085
81GF Score
Beijing Tongrentang Co Ltd SHSE:600085
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Tongrentang 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.

Beijing Tongrentang Co'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
=( (4115.812 + 3661.135) / 2 ) / 9857.731*365
=3888.4735 / 9857.731*365
=143.98

Beijing Tongrentang Co'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3661.135 + 3554.948) / 2 ) / 2721.129*365 / 4
=3608.0415 / 2721.129*365 / 4
=120.99

* 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 120.99 mean?
Beijing Tongrentang Co (SHSE:600085) has a Days Payable of 120.99 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 Beijing Tongrentang Co and its competitors. This is 16% below median its historical median of 144.71. Over the past decade, Beijing Tongrentang Co's Days Payable has ranged from 113.59 to 155.87. According to the industry distribution chart, Beijing Tongrentang Co ranks #226 out of 925 companies in the Drug Manufacturers industry, placing it in the top 24.4%.
Is Beijing Tongrentang Co's Days Payable too high?
Beijing Tongrentang Co's current Days Payable of 120.99 is 16% below median its 10-year median of 144.71. Over the past 10 years, this metric has ranged from a low of 113.59 to a high of 155.87. The Drug Manufacturers industry median Days Payable is 88.75. Beijing Tongrentang Co's value of 120.99 is 36.3% above this industry median. Based on the distribution chart, Beijing Tongrentang Co ranks #226 out of 925 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Tongrentang Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tongrentang Co's Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Beijing Tongrentang Co ranks #226 out of 925 companies for Days Payable. This places Beijing Tongrentang Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 88.75. Beijing Tongrentang Co's value of 120.99 is 36.3% above this benchmark. Historically, Beijing Tongrentang Co's own Days Payable has ranged from 113.59 to 155.87 over the past decade. While the company's 10-year median is 144.71 vs. the industry median of 88.75, Beijing Tongrentang 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 88.75, based on 925 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. Beijing Tongrentang Co's current Days Payable of 120.99 is 36.3% 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 Beijing Tongrentang Co and its competitors. For the Drug Manufacturers industry, the median Days Payable is 88.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tongrentang Co's current Days Payable is 120.99, which is 16% below median its own 10-year median of 144.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tongrentang Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tongrentang Co (SHSE:600085) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥35.95, compared to a current price of ¥24.35 — trading 32.3% below its estimated fair value. The current Days Payable is 120.99, which is 16% below median its 10-year median of 144.71 and 36.3% above the Drug Manufacturers industry median of 88.75. Beijing Tongrentang Co's overall GF Score™ is 81/100 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 Beijing Tongrentang Co (SHSE:600085), the current Days Payable is 120.99 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 Beijing Tongrentang Co (SHSE:600085) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tongrentang Co stock appears to be undervalued. The current stock price of ¥24.35 is trading 32.3% below its estimated GF Value™ of ¥35.95. GuruFocus considers Beijing Tongrentang Co to be Significantly Undervalued.

Key valuation signals for SHSE:600085:

  • Days Payable: 120.99 (16% below median its 10-year median of 144.71)
  • GF Value™: ¥35.95 vs. price of ¥24.35 (32.3% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 36.3% above the Drug Manufacturers median (#226 of 925)

No single metric tells the full story. See the SHSE:600085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tongrentang Co Business Description

Address No. 42, Chongwenmenwai Street, Dongcheng District, Beijing, CHN, 100062
Beijing Tongrentang Co Ltd is a China-based company operating in the traditional Chinese medicinal industry. The company produces modern pharmaceuticals and operates retail businesses and medical services. The company's main products consist of Liuwei Dihuang series, Tongren Dahuoluo series, Tongren Niuhuang Qingxin series, Angong Niuhuang series, and Donkey-hide gelatin series. It distributes its products under the brand of Tongrentang.
81GF Score

Get the complete analysis for SHSE:600085

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

¥24.35
Price
¥35.95
GF Value