TSGTY (Tsingtao Brewery Co) Days Payable: 56.50 (As of Mar. 2026) — Near Median


TSGTY Tsingtao Brewery Co Ltd TSGTY
86 GF Score
Price $30.35
GF Value $41.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Tsingtao Brewery Co Days Payable?

Tsingtao Brewery Co TSGTY 86 Days Payable is 56.50 as of Mar. 2026, which is 4% below its 10-year median of 58.59. GuruFocus rates TSGTY with a GF Score™ of 86/100 and a GF Value™ of $41.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 202 Beverages - Alcoholic companies, Tsingtao Brewery Co ranks worse than 51.98% on this metric.

Tsingtao Brewery Co's average Accounts Payable for the three months ended in Mar. 2026 was $529 Mil. Tsingtao Brewery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $854 Mil. Hence, Tsingtao Brewery Co's Days Payable for the three months ended in Mar. 2026 was 56.50.

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

TSGTY' s Days Payable Range Over the Past 10 Years
Min: 51.89   Med: 58.59   Max: 77.67
Current: 77.67

During the past 13 years, Tsingtao Brewery Co's highest Days Payable was 77.67. The lowest was 51.89. And the median was 58.59.

TSGTY's Days Payable is ranked worse than
51.98% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 80.855 vs TSGTY: 77.67

Tsingtao Brewery Co's Days Payable increased from Mar. 2025 (55.21) to Mar. 2026 (56.50). It may suggest that Tsingtao Brewery Co delayed paying its suppliers.


Tsingtao Brewery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tsingtao Brewery 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.

Tsingtao Brewery Co Days Payable Chart

Tsingtao Brewery 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 56.81 65.32 60.46 61.55 61.27

Tsingtao Brewery 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 55.21 72.78 76.11 135.16 56.50

TSGTY vs STZ: Days Payable Comparison

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Days Payable falls into.


TSGTY
86GF Score
Tsingtao Brewery Co Ltd TSGTY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsingtao Brewery 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.

Tsingtao Brewery 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
=( (449.225 + 450.924) / 2 ) / 2681.33*365
=450.0745 / 2681.33*365
=61.27

Tsingtao Brewery 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
=( (450.924 + 607.106) / 2 ) / 854.45*365 / 4
=529.015 / 854.45*365 / 4
=56.50

* 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 56.50 mean?
Tsingtao Brewery Co (TSGTY) has a Days Payable of 56.50 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 Tsingtao Brewery Co and its competitors. This is near median its historical median of 58.59. Over the past decade, Tsingtao Brewery Co's Days Payable has ranged from 51.89 to 77.67. According to the industry distribution chart, Tsingtao Brewery Co ranks #105 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 52%.
Is Tsingtao Brewery Co's Days Payable too high?
Tsingtao Brewery Co's current Days Payable of 56.50 is near median its 10-year median of 58.59. Over the past 10 years, this metric has ranged from a low of 51.89 to a high of 77.67. The Beverages - Alcoholic industry median Days Payable is 80.86. Tsingtao Brewery Co's value of 56.50 is 30.1% below this industry median. Based on the distribution chart, Tsingtao Brewery Co ranks #105 out of 202 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Tsingtao Brewery Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's Days Payable compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, Tsingtao Brewery Co ranks #105 out of 202 companies for Days Payable. This places Tsingtao Brewery Co in the lower half of its industry. The industry median Days Payable is 80.86. Tsingtao Brewery Co's value of 56.50 is 30.1% below this benchmark. Historically, Tsingtao Brewery Co's own Days Payable has ranged from 51.89 to 77.67 over the past decade. While the company's 10-year median is 58.59 vs. the industry median of 80.86, Tsingtao Brewery 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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. Tsingtao Brewery Co's current Days Payable of 56.50 is 30.1% 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 Tsingtao Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsingtao Brewery Co's current Days Payable is 56.50, which is near median its own 10-year median of 58.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.11, compared to a current price of $30.35 — trading 26.2% below its estimated fair value. The current Days Payable is 56.50, which is near median its 10-year median of 58.59 and 30.1% below the Beverages - Alcoholic industry median of 80.86. Tsingtao Brewery Co's overall GF Score™ is 86/100 with 2 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 Tsingtao Brewery Co (TSGTY), the current Days Payable is 56.50 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 Tsingtao Brewery Co (TSGTY) Overvalued in 2026?

Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued. The current stock price of $30.35 is trading 26.2% below its estimated GF Value™ of $41.11. GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.

Key valuation signals for TSGTY:

  • Days Payable: 56.50 (near median its 10-year median of 58.59)
  • GF Value™: $41.11 vs. price of $30.35 (26.2% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 30.1% below the Beverages - Alcoholic median (#105 of 202)

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


Tsingtao Brewery Co Business Description

Address No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
86GF Score

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

$30.35
Price
$41.11
GF Value