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Tongkun Group CoSHSE:601233 +5.14%72 Days Payable is 37.78 as of Mar. 2026, which is 23% below its 10-year median of 48.82. GuruFocus rates SHSE:601233 with a GF Score™ of 72/100 and a GF Value™ of ¥16.87 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Tongkun Group Co ranks worse than 71.34% on this metric.
The historical rank and industry rank for Tongkun Group Co's Days Payable or its related term are showing as below:
SHSE:601233'
s Days Payable Range Over the Past 10 Years
Min: 33.04 Med: 48.82 Max: 64.09
Current: 33.04
During the past 13 years, Tongkun Group Co's highest Days Payable was 64.09. The lowest was 33.04. And the median was 48.82.
SHSE:601233's Days Payable is ranked worse than 71.34% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.32
vs SHSE:601233: 33.04
Tongkun Group Co's Days Payable
declined
from Mar. 2025 (46.99) to Mar. 2026 (37.78).
It may suggest that Tongkun Group Coaccelerated paying its suppliers.
Tongkun Group Co Days Payable Related Terms
Tongkun Group Co Days Payable Historical Data
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The historical data trend for Tongkun Group 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.
For the Textile Manufacturing subindustry, Tongkun Group 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.
Tongkun Group Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tongkun Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tongkun Group Co's Days Payable falls into.
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.
Tongkun Group Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tongkun Group Co (SHSE:601233) has a Days Payable of 37.78 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 Tongkun Group Co and its competitors. This is 23% below median its historical median of 48.82. Over the past decade, Tongkun Group Co's Days Payable has ranged from 33.04 to 64.09. According to the industry distribution chart, Tongkun Group Co ranks #727 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.3%.
Is Tongkun Group Co's Days Payable too high?
Tongkun Group Co's current Days Payable of 37.78 is 23% below median its 10-year median of 48.82. Over the past 10 years, this metric has ranged from a low of 33.04 to a high of 64.09. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Tongkun Group Co's value of 37.78 is 30.4% below this industry median. Based on the distribution chart, Tongkun Group Co ranks #727 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tongkun Group Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongkun Group Co's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tongkun Group Co ranks #727 out of 1019 companies for Days Payable. This places Tongkun Group Co in the lower half of its industry. The industry median Days Payable is 54.32. Tongkun Group Co's value of 37.78 is 30.4% below this benchmark. Historically, Tongkun Group Co's own Days Payable has ranged from 33.04 to 64.09 over the past decade. While the company's 10-year median is 48.82 vs. the industry median of 54.32, Tongkun Group Co 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 a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.32, based on 1,019 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. Tongkun Group Co's current Days Payable of 37.78 is 30.4% 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 Tongkun Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongkun Group Co's current Days Payable is 37.78, which is 23% below median its own 10-year median of 48.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongkun Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tongkun Group Co (SHSE:601233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.87, compared to a current price of ¥22.29 — trading 32.1% above its estimated fair value. The current Days Payable is 37.78, which is 23% below median its 10-year median of 48.82 and 30.4% below the Manufacturing - Apparel & Accessories industry median of 54.32. Tongkun Group Co's overall GF Score™ is 72/100 with 10 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 Tongkun Group Co (SHSE:601233), the current Days Payable is 37.78 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 Tongkun Group Co (SHSE:601233) Overvalued in 2026?
Based on GuruFocus' analysis, Tongkun Group Co stock appears to be overvalued.
The current stock price of ¥22.29 is trading 32.1% above its estimated GF Value™ of ¥16.87.
GuruFocus considers Tongkun Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:601233:
Days Payable: 37.78 (23% below median its 10-year median of 48.82)
GF Value™: ¥16.87 vs. price of ¥22.29 (32.1% above fair value)
Industry Position: 30.4% below the Manufacturing - Apparel & Accessories median (#727 of 1019)
No single metric tells the full story. See the SHSE:601233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns, such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names.
72GF Score
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