TGL (Treasure Global) Days Payable: 1.77 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TGL Treasure Global Inc TGL
21 GF Score
Price $3.09
! 5 Warning Signs
View Full Analysis

What is Treasure Global Days Payable?

Treasure Global TGL +7.12% 21 Days Payable is 1.77 as of Mar. 2026, which is 7% below its 10-year median of 1.90. GuruFocus rates TGL with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 2,611 Software companies, Treasure Global ranks worse than 95.17% on this metric.

Treasure Global's average Accounts Payable for the three months ended in Mar. 2026 was $0.03 Mil. Treasure Global's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.50 Mil. Hence, Treasure Global's Days Payable for the three months ended in Mar. 2026 was 1.77.

The historical rank and industry rank for Treasure Global's Days Payable or its related term are showing as below:

TGL' s Days Payable Range Over the Past 10 Years
Min: 0.22   Med: 1.9   Max: 64.89
Current: 5.91

During the past 6 years, Treasure Global's highest Days Payable was 64.89. The lowest was 0.22. And the median was 1.90.

TGL's Days Payable is ranked worse than
95.17% of 2611 companies
in the Software industry
Industry Median: 52.12 vs TGL: 5.91

Treasure Global's Days Payable declined from Mar. 2025 (43.86) to Mar. 2026 (1.77). It may suggest that Treasure Global accelerated paying its suppliers.


Treasure Global Days Payable Historical Data

* Premium members only.

The historical data trend for Treasure Global'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.

Treasure Global Days Payable Chart

Treasure Global Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial 3.23 0.57 0.22 0.56 11.60

Treasure Global 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 43.86 21.70 10.03 2.41 1.77

TGL vs AMST, AUUD, ORKT: Days Payable Comparison

For the Software - Application subindustry, Treasure Global'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.


Treasure Global Days Payable vs Software Industry

For the Software industry and Technology sector, Treasure Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Treasure Global's Days Payable falls into.


TGL
21GF Score
Treasure Global Inc TGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Treasure Global 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.

Treasure Global's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.022 + 0.02) / 2 ) / 0.661*365
=0.021 / 0.661*365
=11.60

Treasure Global'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
=( (0.037 + 0.021) / 2 ) / 1.495*365 / 4
=0.029 / 1.495*365 / 4
=1.77

* 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 1.77 mean?
Treasure Global (TGL) has a Days Payable of 1.77 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 Treasure Global and its competitors. This is near median its historical median of 1.90. Over the past decade, Treasure Global's Days Payable has ranged from 0.22 to 64.89. According to the industry distribution chart, Treasure Global ranks #2485 out of 2611 companies in the Software industry, placing it in the top 95.2%.
Is Treasure Global's Days Payable too high?
Treasure Global's current Days Payable of 1.77 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 64.89. The Software industry median Days Payable is 52.12. Treasure Global's value of 1.77 is 96.6% below this industry median. Based on the distribution chart, Treasure Global ranks #2485 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Treasure Global has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Treasure Global's Days Payable compare to AMST and AUUD?
According to the Software industry distribution chart, Treasure Global ranks #2485 out of 2611 companies for Days Payable. This places Treasure Global in the lower half of its industry. The industry median Days Payable is 52.12. Treasure Global's value of 1.77 is 96.6% below this benchmark. Historically, Treasure Global's own Days Payable has ranged from 0.22 to 64.89 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 52.12, Treasure Global 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 Software company?
The median Days Payable among Software companies is 52.12, based on 2,611 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. Treasure Global's current Days Payable of 1.77 is 96.6% 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 Treasure Global and its competitors. For the Software industry, the median Days Payable is 52.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Treasure Global's current Days Payable is 1.77, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treasure Global stock overvalued right now?
Treasure Global (TGL) has a current Days Payable of 1.77. The current Days Payable is 1.77, which is near median its 10-year median of 1.90 and 96.6% below the Software industry median of 52.12. Treasure Global's overall GF Score™ is 21/100 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 Treasure Global (TGL), the current Days Payable is 1.77 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.

Treasure Global Business Description

Address 276 5th Avenue, Suite 704 Number 739, New York, NY, USA, 10001
Treasure Global Inc has created an online-to-offline e-commerce platform business model that offers consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retail or merchant settings. Its product is an internet application branded as the ZCITY app, which targets consumers by providing personalized deals based on their purchase history, location, and preferences. The Company has two reportable segments: payment processing and e-commerce operation in its ZCITY platform, and customized software development service, and the majority of revenue comes from payment processing and e-commerce operation in its ZCITY platform.
21GF Score

Get the complete analysis for TGL

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

$3.09
Price