ZTEFRA:FZM -1.86%83 Days Payable is 135.62 as of Mar. 2026, which is 10% below its 10-year median of 150.80. GuruFocus rates FRA:FZM with a GF Score™ of 83/100 and a GF Value™ of €2.54 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, ZTE ranks better than 80.86% on this metric.
ZTE's average Accounts Payable for the
three
months ended in Mar. 2026 was €4,681 Mil. ZTE's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €3,150 Mil.
Hence, ZTE's Days Payable for the
three
months ended in Mar. 2026 was 135.62.
The historical rank and industry rank for ZTE's Days Payable or its related term are showing as below:
FRA:FZM'
s Days Payable Range Over the Past 10 Years
Min: 131.65 Med: 150.8 Max: 196.94
Current: 139.61
During the past 13 years, ZTE's highest Days Payable was 196.94. The lowest was 131.65. And the median was 150.80.
FRA:FZM's Days Payable is ranked better than 80.86% of 2440
companies
in the Hardware industry
Industry Median: 69.935
vs FRA:FZM: 139.61
ZTE's Days Payable
declined
from Mar. 2025 (154.25) to Mar. 2026 (135.62).
It may suggest that ZTEaccelerated paying its suppliers.
ZTE Days Payable Related Terms
ZTE Days Payable Historical Data
* Premium members only.
The historical data trend for ZTE'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.
FRA:FZM vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, ZTE'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.
ZTE Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, ZTE's Days Payable distribution charts can be found below:
* The bar in red indicates where ZTE'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.
ZTE'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.
ZTE (FRA:FZM) has a Days Payable of 135.62 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 ZTE and its competitors. This is 10% below median its historical median of 150.80. Over the past decade, ZTE's Days Payable has ranged from 131.65 to 196.94. According to the industry distribution chart, ZTE ranks #467 out of 2440 companies in the Hardware industry, placing it in the top 19.1%.
Is ZTE's Days Payable too high?
ZTE's current Days Payable of 135.62 is 10% below median its 10-year median of 150.80. Over the past 10 years, this metric has ranged from a low of 131.65 to a high of 196.94. The Hardware industry median Days Payable is 69.94. ZTE's value of 135.62 is 93.9% above this industry median. Based on the distribution chart, ZTE ranks #467 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ZTE has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZTE's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ZTE ranks #467 out of 2440 companies for Days Payable. This places ZTE in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.94. ZTE's value of 135.62 is 93.9% above this benchmark. Historically, ZTE's own Days Payable has ranged from 131.65 to 196.94 over the past decade. While the company's 10-year median is 150.80 vs. the industry median of 69.94, ZTE 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. ZTE's current Days Payable of 135.62 is 93.9% 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 ZTE and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTE's current Days Payable is 135.62, which is 10% below median its own 10-year median of 150.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTE stock overvalued right now?
Based on GuruFocus' analysis, ZTE (FRA:FZM) is currently considered Fairly Valued. The stock's GF Value™ is €2.54, compared to a current price of €2.48 — trading 2.5% below its estimated fair value. The current Days Payable is 135.62, which is 10% below median its 10-year median of 150.80 and 93.9% above the Hardware industry median of 69.94. ZTE's overall GF Score™ is 83/100 with 6 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 ZTE (FRA:FZM), the current Days Payable is 135.62 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 ZTE (FRA:FZM) Overvalued in 2026?
Based on GuruFocus' analysis, ZTE stock appears to be undervalued.
The current stock price of €2.48 is trading 2.5% below its estimated GF Value™ of €2.54.
GuruFocus considers ZTE to be Fairly Valued.
Key valuation signals for FRA:FZM:
Days Payable: 135.62 (10% below median its 10-year median of 150.80)
GF Value™: €2.54 vs. price of €2.48 (2.5% below fair value)
Industry Position: 93.9% above the Hardware median (#467 of 2440)
No single metric tells the full story. See the FRA:FZM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers networks, government and corporate business, and consumer business. It operates in three segments Carriers network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.
83GF Score
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