NetEaseNETTF -0.98%94 Days Payable is 6.86 as of Mar. 2026, which is 40% below its 10-year median of 11.44. GuruFocus rates NETTF with a GF Score™ of 94/100 and a GF Value™ of $24.76 (Fairly Valued). Among 428 Interactive Media companies, NetEase ranks worse than 95.09% on this metric.
NetEase's average Accounts Payable for the
three
months ended in Mar. 2026 was $102 Mil. NetEase's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1,360 Mil.
Hence, NetEase's Days Payable for the
three
months ended in Mar. 2026 was 6.86.
The historical rank and industry rank for NetEase's Days Payable or its related term are showing as below:
NETTF'
s Days Payable Range Over the Past 10 Years
Min: 6.08 Med: 11.44 Max: 37.05
Current: 6.31
During the past 13 years, NetEase's highest Days Payable was 37.05. The lowest was 6.08. And the median was 11.44.
NETTF's Days Payable is ranked worse than 95.09% of 428
companies
in the Interactive Media industry
Industry Median: 65.595
vs NETTF: 6.31
NetEase's Days Payable
increased
from Mar. 2025 (5.65) to Mar. 2026 (6.86).
It may suggest that NetEasedelayed paying its suppliers.
NetEase Days Payable Related Terms
NetEase Days Payable Historical Data
* Premium members only.
The historical data trend for NetEase'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.
For the Electronic Gaming & Multimedia subindustry, NetEase'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.
NetEase Days Payable vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's Days Payable distribution charts can be found below:
* The bar in red indicates where NetEase'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.
NetEase'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.
NetEase (NETTF) has a Days Payable of 6.86 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 NetEase and its competitors. This is 40% below median its historical median of 11.44. Over the past decade, NetEase's Days Payable has ranged from 6.08 to 37.05. According to the industry distribution chart, NetEase ranks #407 out of 428 companies in the Interactive Media industry, placing it in the top 95.1%.
Is NetEase's Days Payable too high?
NetEase's current Days Payable of 6.86 is 40% below median its 10-year median of 11.44. Over the past 10 years, this metric has ranged from a low of 6.08 to a high of 37.05. The Interactive Media industry median Days Payable is 65.60. NetEase's value of 6.86 is 89.5% below this industry median. Based on the distribution chart, NetEase ranks #407 out of 428 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, NetEase has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Days Payable compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #407 out of 428 companies for Days Payable. This places NetEase in the lower half of its industry. The industry median Days Payable is 65.60. NetEase's value of 6.86 is 89.5% below this benchmark. Historically, NetEase's own Days Payable has ranged from 6.08 to 37.05 over the past decade. While the company's 10-year median is 11.44 vs. the industry median of 65.60, NetEase 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 428 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. NetEase's current Days Payable of 6.86 is 89.5% 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 NetEase and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current Days Payable is 6.86, which is 40% below median its own 10-year median of 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Fairly Valued. The stock's GF Value™ is $24.76, compared to a current price of $24.26 — trading 2% below its estimated fair value. The current Days Payable is 6.86, which is 40% below median its 10-year median of 11.44 and 89.5% below the Interactive Media industry median of 65.60. NetEase's overall GF Score™ is 94/100. 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 NetEase (NETTF), the current Days Payable is 6.86 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 NetEase (NETTF) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase stock appears to be undervalued.
The current stock price of $24.26 is trading 2% below its estimated GF Value™ of $24.76.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
Days Payable: 6.86 (40% below median its 10-year median of 11.44)
GF Value™: $24.76 vs. price of $24.26 (2% below fair value)
Industry Position: 89.5% below the Interactive Media median (#407 of 428)
No single metric tells the full story. See the NETTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
94GF Score
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