Tianjin Development Holdings (STU:TJN) Days Payable: 92.27 (As of Dec. 2025) — 19% Below Median

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STU:TJN Tianjin Development Holdings Ltd STU:TJN
66 GF Score
Price €0.21
GF Value €0.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tianjin Development Holdings Days Payable?

Tianjin Development Holdings STU:TJN -0.94% 66 Days Payable is 92.27 as of Dec. 2025, which is 19% below its 10-year median of 114.12. GuruFocus rates STU:TJN with a GF Score™ of 66/100 and a GF Value™ of €0.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 510 Conglomerates companies, Tianjin Development Holdings ranks better than 68.63% on this metric.

Tianjin Development Holdings's average Accounts Payable for the six months ended in Dec. 2025 was €52.9 Mil. Tianjin Development Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was €104.6 Mil. Hence, Tianjin Development Holdings's Days Payable for the six months ended in Dec. 2025 was 92.27.

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

STU:TJN' s Days Payable Range Over the Past 10 Years
Min: 77.75   Med: 114.12   Max: 202.31
Current: 80.51

During the past 13 years, Tianjin Development Holdings's highest Days Payable was 202.31. The lowest was 77.75. And the median was 114.12.

STU:TJN's Days Payable is ranked better than
68.63% of 510 companies
in the Conglomerates industry
Industry Median: 56.11 vs STU:TJN: 80.51

Tianjin Development Holdings's Days Payable increased from Dec. 2024 (87.41) to Dec. 2025 (92.27). It may suggest that Tianjin Development Holdings delayed paying its suppliers.


Tianjin Development Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tianjin Development 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.

Tianjin Development Holdings Days Payable Chart

Tianjin Development 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 136.15 93.20 115.00 75.90 84.00

Tianjin Development Holdings Semi-Annual Data
Jun16 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 123.66 79.28 87.41 76.04 92.27

STU:TJN vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Tianjin Development 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.


Tianjin Development Holdings Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Development Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Development Holdings's Days Payable falls into.


STU:TJN
66GF Score
Tianjin Development Holdings Ltd STU:TJN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Development 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.

Tianjin Development 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
=( (54.626 + 52.675) / 2 ) / 233.131*365
=53.6505 / 233.131*365
=84.00

Tianjin Development 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
=( (53.133 + 52.675) / 2 ) / 104.64*365 / 2
=52.904 / 104.64*365 / 2
=92.27

* 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 92.27 mean?
Tianjin Development Holdings (STU:TJN) has a Days Payable of 92.27 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 Tianjin Development Holdings and its competitors. This is 19% below median its historical median of 114.12. Over the past decade, Tianjin Development Holdings' Days Payable has ranged from 77.75 to 202.31. According to the industry distribution chart, Tianjin Development Holdings ranks #160 out of 510 companies in the Conglomerates industry, placing it in the top 31.4%.
Is Tianjin Development Holdings' Days Payable too high?
Tianjin Development Holdings' current Days Payable of 92.27 is 19% below median its 10-year median of 114.12. Over the past 10 years, this metric has ranged from a low of 77.75 to a high of 202.31. The Conglomerates industry median Days Payable is 56.11. Tianjin Development Holdings' value of 92.27 is 64.4% above this industry median. Based on the distribution chart, Tianjin Development Holdings ranks #160 out of 510 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tianjin Development Holdings has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Development Holdings' Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tianjin Development Holdings ranks #160 out of 510 companies for Days Payable. This puts Tianjin Development Holdings in the upper half of its industry. The industry median Days Payable is 56.11. Tianjin Development Holdings' value of 92.27 is 64.4% above this benchmark. Historically, Tianjin Development Holdings' own Days Payable has ranged from 77.75 to 202.31 over the past decade. While the company's 10-year median is 114.12 vs. the industry median of 56.11, Tianjin Development 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 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 Development Holdings's current Days Payable of 92.27 is 64.4% 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 Development Holdings 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 Development Holdings's current Days Payable is 92.27, which is 19% below median its own 10-year median of 114.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Development Holdings (STU:TJN) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.18, compared to a current price of €0.21 — trading 16.7% above its estimated fair value. The current Days Payable is 92.27, which is 19% below median its 10-year median of 114.12 and 64.4% above the Conglomerates industry median of 56.11. Tianjin Development Holdings' overall GF Score™ is 66/100 with 5 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 Development Holdings (STU:TJN), the current Days Payable is 92.27 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 Tianjin Development Holdings (STU:TJN) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Development Holdings stock appears to be overvalued. The current stock price of €0.21 is trading 16.7% above its estimated GF Value™ of €0.18. GuruFocus considers Tianjin Development Holdings to be Modestly Overvalued.

Key valuation signals for STU:TJN:

  • Days Payable: 92.27 (19% below median its 10-year median of 114.12)
  • GF Value™: €0.18 vs. price of €0.21 (16.7% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 64.4% above the Conglomerates median (#160 of 510)

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


Tianjin Development Holdings Business Description

Other Exchanges 00882:Hong KongTJN:Germany
Address 168-200 Connaught Road Central, Suites 7-13, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Tianjin Development Holdings Ltd is a Chinese conglomerate engaged in utilities and various other services. It operates through the following segments: The Utilities segment distributes electricity, water, heat, and thermal power to industrial, commercial, and residential customers. Pharmaceutical segment manufactures and sells pharmaceutical products and provides pharmaceutical research and development, and pharmaceutical packaging. The Hotels segment manages hotels. The Electrical and Mechanical segment manufactures and sells presses, mechanical and hydroelectric equipment, and large-scale pump units. The Port Services segment offers port services. The Elevators and Escalators segment manufactures and sells elevators and escalators. Key revenue for the company is derived from the PRC.
66GF Score

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

€0.21
Price
€0.18
GF Value