Maoyan Entertainment (HKSE:01896) Days Payable: 146.96 (As of Dec. 2025) — 49% Above Median

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HKSE:01896 Maoyan Entertainment HKSE:01896
82 GF Score
Price HK$4.92
GF Value HK$9.91
Valuation Possible Value Trap
! 2 Warning Signs
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What is Maoyan Entertainment Days Payable?

Maoyan Entertainment HKSE:01896 +10.31% 82 Days Payable is 146.96 as of Dec. 2025, which is 49% above its 10-year median of 98.79. GuruFocus rates HKSE:01896 with a GF Score™ of 82/100 and a GF Value™ of HK$9.91 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 427 Interactive Media companies, Maoyan Entertainment ranks better than 66.98% on this metric.

Maoyan Entertainment's average Accounts Payable for the six months ended in Dec. 2025 was HK$971 Mil. Maoyan Entertainment's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,206 Mil. Hence, Maoyan Entertainment's Days Payable for the six months ended in Dec. 2025 was 146.96.

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

HKSE:01896' s Days Payable Range Over the Past 10 Years
Min: 60.89   Med: 98.79   Max: 139.75
Current: 115.83

During the past 11 years, Maoyan Entertainment's highest Days Payable was 139.75. The lowest was 60.89. And the median was 98.79.

HKSE:01896's Days Payable is ranked better than
66.98% of 427 companies
in the Interactive Media industry
Industry Median: 60.46 vs HKSE:01896: 115.83

Maoyan Entertainment's Days Payable increased from Dec. 2024 (96.37) to Dec. 2025 (146.96). It may suggest that Maoyan Entertainment delayed paying its suppliers.


Maoyan Entertainment Days Payable Historical Data

* Premium members only.

The historical data trend for Maoyan Entertainment'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.

Maoyan Entertainment Days Payable Chart

Maoyan Entertainment 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 70.65 99.48 98.10 122.91 105.82

Maoyan Entertainment Semi-Annual Data
Dec15 Dec16 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 109.78 149.18 96.37 101.49 146.96

HKSE:01896 vs GOOGL, META, SPOT: Days Payable Comparison

For the Internet Content & Information subindustry, Maoyan Entertainment'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.


Maoyan Entertainment Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Maoyan Entertainment's Days Payable distribution charts can be found below:

* The bar in red indicates where Maoyan Entertainment's Days Payable falls into.


HKSE:01896
82GF Score
Maoyan Entertainment HKSE:01896
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maoyan Entertainment 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.

Maoyan Entertainment'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
=( (803.749 + 879.299) / 2 ) / 2902.559*365
=841.524 / 2902.559*365
=105.82

Maoyan Entertainment'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
=( (1063.137 + 879.299) / 2 ) / 1206.053*365 / 2
=971.218 / 1206.053*365 / 2
=146.96

* 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 146.96 mean?
Maoyan Entertainment (HKSE:01896) has a Days Payable of 146.96 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 Maoyan Entertainment and its competitors. This is 49% above median its historical median of 98.79. Over the past decade, Maoyan Entertainment's Days Payable has ranged from 60.89 to 139.75. According to the industry distribution chart, Maoyan Entertainment ranks #141 out of 427 companies in the Interactive Media industry, placing it in the top 33%.
Is Maoyan Entertainment's Days Payable too high?
Maoyan Entertainment's current Days Payable of 146.96 is 49% above median its 10-year median of 98.79. Over the past 10 years, this metric has ranged from a low of 60.89 to a high of 139.75. The Interactive Media industry median Days Payable is 60.46. Maoyan Entertainment's value of 146.96 is 143.1% above this industry median. Based on the distribution chart, Maoyan Entertainment ranks #141 out of 427 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Maoyan Entertainment has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maoyan Entertainment's Days Payable compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Maoyan Entertainment ranks #141 out of 427 companies for Days Payable. This puts Maoyan Entertainment in the upper half of its industry. The industry median Days Payable is 60.46. Maoyan Entertainment's value of 146.96 is 143.1% above this benchmark. Historically, Maoyan Entertainment's own Days Payable has ranged from 60.89 to 139.75 over the past decade. While the company's 10-year median is 98.79 vs. the industry median of 60.46, Maoyan Entertainment 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 60.46, based on 427 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. Maoyan Entertainment's current Days Payable of 146.96 is 143.1% 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 Maoyan Entertainment and its competitors. For the Interactive Media industry, the median Days Payable is 60.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maoyan Entertainment's current Days Payable is 146.96, which is 49% above median its own 10-year median of 98.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maoyan Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Maoyan Entertainment (HKSE:01896) is currently considered Possible Value Trap. The stock's GF Value™ is HK$9.91, compared to a current price of HK$4.92 — trading 50.4% below its estimated fair value. The current Days Payable is 146.96, which is 49% above median its 10-year median of 98.79 and 143.1% above the Interactive Media industry median of 60.46. Maoyan Entertainment's overall GF Score™ is 82/100 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 Maoyan Entertainment (HKSE:01896), the current Days Payable is 146.96 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 Maoyan Entertainment (HKSE:01896) Overvalued in 2026?

Based on GuruFocus' analysis, Maoyan Entertainment stock appears to be undervalued. The current stock price of HK$4.92 is trading 50.4% below its estimated GF Value™ of HK$9.91. GuruFocus considers Maoyan Entertainment to be Possible Value Trap.

Key valuation signals for HKSE:01896:

  • Days Payable: 146.96 (49% above median its 10-year median of 98.79)
  • GF Value™: HK$9.91 vs. price of HK$4.92 (50.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 143.1% above the Interactive Media median (#141 of 427)

No single metric tells the full story. See the HKSE:01896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maoyan Entertainment Business Description

Address No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN
Maoyan Entertainment is a China-based company that mainly operates an Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution and promotion to production, for various entertainment formats, including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries, including automobile, electronics, and consumer products.
82GF Score

Get the complete analysis for HKSE:01896

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

HK$4.92
Price
HK$9.91
GF Value