TUGHF (Tungtex (Holdings) Co) Days Payable: 56.63 (As of Sep. 2025) — 32% Above Median


TUGHF Tungtex (Holdings) Co Ltd TUGHF
38 GF Score
Price $0.03
GF Value $0.03
! 5 Warning Signs
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What is Tungtex (Holdings) Co Days Payable?

Tungtex (Holdings) Co TUGHF 38 Days Payable is 56.63 as of Sep. 2025, which is 32% above its 10-year median of 42.95. GuruFocus rates TUGHF with a GF Score™ of 38/100 and a GF Value™ of $0.03. The stock has 5 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Tungtex (Holdings) Co ranks better than 57.19% on this metric.

Tungtex (Holdings) Co's average Accounts Payable for the six months ended in Sep. 2025 was $8.98 Mil. Tungtex (Holdings) Co's Cost of Goods Sold for the six months ended in Sep. 2025 was $28.95 Mil. Hence, Tungtex (Holdings) Co's Days Payable for the six months ended in Sep. 2025 was 56.63.

The historical rank and industry rank for Tungtex (Holdings) Co's Days Payable or its related term are showing as below:

TUGHF' s Days Payable Range Over the Past 10 Years
Min: 36.08   Med: 42.95   Max: 63.97
Current: 61.68

During the past 13 years, Tungtex (Holdings) Co's highest Days Payable was 63.97. The lowest was 36.08. And the median was 42.95.

TUGHF's Days Payable is ranked better than
57.19% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs TUGHF: 61.68

Tungtex (Holdings) Co's Days Payable declined from Sep. 2024 (60.66) to Sep. 2025 (56.63). It may suggest that Tungtex (Holdings) Co accelerated paying its suppliers.


Tungtex (Holdings) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tungtex (Holdings) 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.

Tungtex (Holdings) Co Days Payable Chart

Tungtex (Holdings) Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.57 45.37 38.00 49.42 41.19

Tungtex (Holdings) Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 61.93 63.68 60.66 56.75 56.63

TUGHF vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Tungtex (Holdings) 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.


Tungtex (Holdings) Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tungtex (Holdings) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tungtex (Holdings) Co's Days Payable falls into.


TUGHF
38GF Score
Tungtex (Holdings) Co Ltd TUGHF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tungtex (Holdings) 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.

Tungtex (Holdings) Co's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (8.493 + 7.396) / 2 ) / 70.4*365
=7.9445 / 70.4*365
=41.19

Tungtex (Holdings) Co's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (7.396 + 10.572) / 2 ) / 28.953*365 / 2
=8.984 / 28.953*365 / 2
=56.63

* 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 56.63 mean?
Tungtex (Holdings) Co (TUGHF) has a Days Payable of 56.63 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tungtex (Holdings) Co and its competitors. This is 32% above median its historical median of 42.95. Over the past decade, Tungtex (Holdings) Co's Days Payable has ranged from 36.08 to 63.97. According to the industry distribution chart, Tungtex (Holdings) Co ranks #435 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.8%.
Is Tungtex (Holdings) Co's Days Payable too high?
Tungtex (Holdings) Co's current Days Payable of 56.63 is 32% above median its 10-year median of 42.95. Over the past 10 years, this metric has ranged from a low of 36.08 to a high of 63.97. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Tungtex (Holdings) Co's value of 56.63 is 4.8% above this industry median. Based on the distribution chart, Tungtex (Holdings) Co ranks #435 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Tungtex (Holdings) Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Tungtex (Holdings) Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tungtex (Holdings) Co ranks #435 out of 1016 companies for Days Payable. This puts Tungtex (Holdings) Co in the upper half of its industry. The industry median Days Payable is 54.05. Tungtex (Holdings) Co's value of 56.63 is 4.8% above this benchmark. Historically, Tungtex (Holdings) Co's own Days Payable has ranged from 36.08 to 63.97 over the past decade. While the company's 10-year median is 42.95 vs. the industry median of 54.05, Tungtex (Holdings) 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Tungtex (Holdings) Co's current Days Payable of 56.63 is 4.8% 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 Tungtex (Holdings) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tungtex (Holdings) Co's current Days Payable is 56.63, which is 32% above median its own 10-year median of 42.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungtex (Holdings) Co stock overvalued right now?
Tungtex (Holdings) Co (TUGHF) has a current Days Payable of 56.63. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 8.9% above its estimated fair value. The current Days Payable is 56.63, which is 32% above median its 10-year median of 42.95 and 4.8% above the Manufacturing - Apparel & Accessories industry median of 54.05. Tungtex (Holdings) Co's overall GF Score™ is 38/100 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 Tungtex (Holdings) Co (TUGHF), the current Days Payable is 56.63 as of Sep. 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 Tungtex (Holdings) Co (TUGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Tungtex (Holdings) Co stock appears to be overvalued. The current stock price of $0.03 is trading 8.9% above its estimated GF Value™ of $0.03.

Key valuation signals for TUGHF:

  • Days Payable: 56.63 (32% above median its 10-year median of 42.95)
  • GF Value™: $0.03 vs. price of $0.03 (8.9% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 4.8% above the Manufacturing - Apparel & Accessories median (#435 of 1016)

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


Tungtex (Holdings) Co Business Description

Other Exchanges 00518:Hong Kong
Address No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.
38GF Score

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

$0.03
Price
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GF Value