Zhonggan Communication (Group) Holdings (HKSE:02545) Days Payable: 227.21 (As of Dec. 2025) — 38% Below Median

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HKSE:02545 Zhonggan Communication (Group) Holdings Ltd HKSE:02545
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What is Zhonggan Communication (Group) Holdings Days Payable?

Zhonggan Communication (Group) Holdings HKSE:02545 12 Days Payable is 227.21 as of Dec. 2025, which is 38% below its 10-year median of 367.06. GuruFocus rates HKSE:02545 with a GF Score™ of 12/100. The stock has 9 warning signs investors should review. Among 344 Telecommunication Services companies, Zhonggan Communication (Group) Holdings ranks better than 87.21% on this metric.

Zhonggan Communication (Group) Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$355.2 Mil. Zhonggan Communication (Group) Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$285.3 Mil. Hence, Zhonggan Communication (Group) Holdings's Days Payable for the six months ended in Dec. 2025 was 227.21.

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

HKSE:02545' s Days Payable Range Over the Past 10 Years
Min: 320.77   Med: 367.06   Max: 463.59
Current: 337.3

During the past 5 years, Zhonggan Communication (Group) Holdings's highest Days Payable was 463.59. The lowest was 320.77. And the median was 367.06.

HKSE:02545's Days Payable is ranked better than
87.21% of 344 companies
in the Telecommunication Services industry
Industry Median: 105.275 vs HKSE:02545: 337.30

Zhonggan Communication (Group) Holdings's Days Payable declined from Dec. 2024 (316.80) to Dec. 2025 (227.21). It may suggest that Zhonggan Communication (Group) Holdings accelerated paying its suppliers.


Zhonggan Communication (Group) Holdings Days Payable Related Terms


Zhonggan Communication (Group) Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Zhonggan Communication (Group) Holdings'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.

Zhonggan Communication (Group) Holdings Days Payable Chart

Zhonggan Communication (Group) Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
363.18 463.59 320.77 370.51 367.06

Zhonggan Communication (Group) Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 289.31 434.71 316.80 506.66 227.21

HKSE:02545 vs VZ, TMUS, T: Days Payable Comparison

For the Telecom Services subindustry, Zhonggan Communication (Group) Holdings'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.


Zhonggan Communication (Group) Holdings Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhonggan Communication (Group) Holdings's Days Payable falls into.


HKSE:02545
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Zhonggan Communication (Group) Holdings Ltd HKSE:02545
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Zhonggan Communication (Group) Holdings 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.

Zhonggan Communication (Group) Holdings'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
=( (485.084 + 385.346) / 2 ) / 432.771*365
=435.215 / 432.771*365
=367.06

Zhonggan Communication (Group) Holdings'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
=( (325.049 + 385.346) / 2 ) / 285.307*365 / 2
=355.1975 / 285.307*365 / 2
=227.21

* 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 227.21 mean?
Zhonggan Communication (Group) Holdings (HKSE:02545) has a Days Payable of 227.21 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 Zhonggan Communication (Group) Holdings and its competitors. This is 38% below median its historical median of 367.06. Over the past decade, Zhonggan Communication (Group) Holdings' Days Payable has ranged from 320.77 to 463.59. According to the industry distribution chart, Zhonggan Communication (Group) Holdings ranks #44 out of 344 companies in the Telecommunication Services industry, placing it in the top 12.8%.
Is Zhonggan Communication (Group) Holdings' Days Payable too high?
Zhonggan Communication (Group) Holdings' current Days Payable of 227.21 is 38% below median its 10-year median of 367.06. Over the past 10 years, this metric has ranged from a low of 320.77 to a high of 463.59. The Telecommunication Services industry median Days Payable is 105.28. Zhonggan Communication (Group) Holdings' value of 227.21 is 115.8% above this industry median. Based on the distribution chart, Zhonggan Communication (Group) Holdings ranks #44 out of 344 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zhonggan Communication (Group) Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Zhonggan Communication (Group) Holdings' Days Payable compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Zhonggan Communication (Group) Holdings ranks #44 out of 344 companies for Days Payable. This places Zhonggan Communication (Group) Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 105.28. Zhonggan Communication (Group) Holdings' value of 227.21 is 115.8% above this benchmark. Historically, Zhonggan Communication (Group) Holdings' own Days Payable has ranged from 320.77 to 463.59 over the past decade. While the company's 10-year median is 367.06 vs. the industry median of 105.28, Zhonggan Communication (Group) Holdings 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 105.28, based on 344 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. Zhonggan Communication (Group) Holdings's current Days Payable of 227.21 is 115.8% 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 Zhonggan Communication (Group) Holdings and its competitors. For the Telecommunication Services industry, the median Days Payable is 105.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhonggan Communication (Group) Holdings's current Days Payable is 227.21, which is 38% below median its own 10-year median of 367.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhonggan Communication (Group) Holdings stock overvalued right now?
Zhonggan Communication (Group) Holdings (HKSE:02545) has a current Days Payable of 227.21. The current Days Payable is 227.21, which is 38% below median its 10-year median of 367.06 and 115.8% above the Telecommunication Services industry median of 105.28. Zhonggan Communication (Group) Holdings' overall GF Score™ is 12/100 with 9 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 Zhonggan Communication (Group) Holdings (HKSE:02545), the current Days Payable is 227.21 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.

Zhonggan Communication (Group) Holdings Business Description

Address 2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN
Zhonggan Communication (Group) Holdings Ltd is an integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise Integrated Solution Services, System Maintenance Services, and Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.
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