China Television Media (SHSE:600088) Days Payable: 68.52 (As of Mar. 2026) — 304% Above Median

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SHSE:600088 China Television Media Ltd SHSE:600088
52 GF Score
Price ¥11.49
GF Value ¥15.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Television Media Days Payable?

China Television Media SHSE:600088 +2.13% 52 Days Payable is 68.52 as of Mar. 2026, which is 304% above its 10-year median of 16.94. GuruFocus rates SHSE:600088 with a GF Score™ of 52/100 and a GF Value™ of ¥15.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 915 Media - Diversified companies, China Television Media ranks worse than 87.87% on this metric.

China Television Media's average Accounts Payable for the three months ended in Mar. 2026 was ¥68 Mil. China Television Media's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥90 Mil. Hence, China Television Media's Days Payable for the three months ended in Mar. 2026 was 68.52.

The historical rank and industry rank for China Television Media's Days Payable or its related term are showing as below:

SHSE:600088' s Days Payable Range Over the Past 10 Years
Min: 7.17   Med: 16.94   Max: 37.08
Current: 21.25

During the past 13 years, China Television Media's highest Days Payable was 37.08. The lowest was 7.17. And the median was 16.94.

SHSE:600088's Days Payable is ranked worse than
87.87% of 915 companies
in the Media - Diversified industry
Industry Median: 83.18 vs SHSE:600088: 21.25

China Television Media's Days Payable declined from Mar. 2025 (93.37) to Mar. 2026 (68.52). It may suggest that China Television Media accelerated paying its suppliers.


China Television Media Days Payable Historical Data

* Premium members only.

The historical data trend for China Television Media'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.

China Television Media Days Payable Chart

China Television Media 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 8.09 22.52 32.46 29.42 37.08

China Television Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 93.37 38.77 19.54 10.25 68.52

SHSE:600088 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, China Television Media'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.


China Television Media Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Television Media's Days Payable distribution charts can be found below:

* The bar in red indicates where China Television Media's Days Payable falls into.


SHSE:600088
52GF Score
China Television Media Ltd SHSE:600088
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Television Media 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.

China Television Media'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
=( (92.679 + 92.524) / 2 ) / 911.538*365
=92.6015 / 911.538*365
=37.08

China Television Media's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (92.524 + 42.527) / 2 ) / 89.924*365 / 4
=67.5255 / 89.924*365 / 4
=68.52

* 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 68.52 mean?
China Television Media (SHSE:600088) has a Days Payable of 68.52 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 China Television Media and its competitors. This is 304% above median its historical median of 16.94. Over the past decade, China Television Media's Days Payable has ranged from 7.17 to 37.08. According to the industry distribution chart, China Television Media ranks #804 out of 915 companies in the Media - Diversified industry, placing it in the top 87.9%.
Is China Television Media's Days Payable too high?
China Television Media's current Days Payable of 68.52 is 304% above median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 7.17 to a high of 37.08. The Media - Diversified industry median Days Payable is 83.18. China Television Media's value of 68.52 is 17.6% below this industry median. Based on the distribution chart, China Television Media ranks #804 out of 915 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, China Television Media has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Television Media's Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, China Television Media ranks #804 out of 915 companies for Days Payable. This places China Television Media in the lower half of its industry. The industry median Days Payable is 83.18. China Television Media's value of 68.52 is 17.6% below this benchmark. Historically, China Television Media's own Days Payable has ranged from 7.17 to 37.08 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 83.18, China Television Media 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 a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.18, based on 915 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. China Television Media's current Days Payable of 68.52 is 17.6% 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 China Television Media and its competitors. For the Media - Diversified industry, the median Days Payable is 83.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Television Media's current Days Payable is 68.52, which is 304% above median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Television Media stock overvalued right now?
Based on GuruFocus' analysis, China Television Media (SHSE:600088) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.39, compared to a current price of ¥11.49 — trading 25.3% below its estimated fair value. The current Days Payable is 68.52, which is 304% above median its 10-year median of 16.94 and 17.6% below the Media - Diversified industry median of 83.18. China Television Media's overall GF Score™ is 52/100 with 3 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 China Television Media (SHSE:600088), the current Days Payable is 68.52 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 China Television Media (SHSE:600088) Overvalued in 2026?

Based on GuruFocus' analysis, China Television Media stock appears to be undervalued. The current stock price of ¥11.49 is trading 25.3% below its estimated GF Value™ of ¥15.39. GuruFocus considers China Television Media to be Modestly Undervalued.

Key valuation signals for SHSE:600088:

  • Days Payable: 68.52 (304% above median its 10-year median of 16.94)
  • GF Value™: ¥15.39 vs. price of ¥11.49 (25.3% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 17.6% below the Media - Diversified median (#804 of 915)

No single metric tells the full story. See the SHSE:600088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Television Media Business Description

Address No. 450 Fushan Road, 17F, Pudong, Shanghai, Shanghai, CHN, 200122
China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries.
52GF Score

Get the complete analysis for SHSE:600088

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

¥11.49
Price
¥15.39
GF Value