Fanli Digital Technology Co (SHSE:600228) Days Payable: 102.91 (As of Mar. 2026) — 15% Above Median


SHSE:600228 Fanli Digital Technology Co Ltd SHSE:600228
55 GF Score
Price ¥6.81
GF Value ¥17.68
Valuation Possible Value Trap
! 2 Warning Signs
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What is Fanli Digital Technology Co Days Payable?

Fanli Digital Technology Co SHSE:600228 -3.27% 55 Days Payable is 102.91 as of Mar. 2026, which is 15% above its 10-year median of 89.15. GuruFocus rates SHSE:600228 with a GF Score™ of 55/100 and a GF Value™ of ¥17.68 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 429 Interactive Media companies, Fanli Digital Technology Co ranks better than 54.31% on this metric.

Fanli Digital Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥75.1 Mil. Fanli Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥66.6 Mil. Hence, Fanli Digital Technology Co's Days Payable for the three months ended in Mar. 2026 was 102.91.

The historical rank and industry rank for Fanli Digital Technology Co's Days Payable or its related term are showing as below:

SHSE:600228' s Days Payable Range Over the Past 10 Years
Min: 23.82   Med: 89.15   Max: 180.39
Current: 77.12

During the past 13 years, Fanli Digital Technology Co's highest Days Payable was 180.39. The lowest was 23.82. And the median was 89.15.

SHSE:600228's Days Payable is ranked better than
54.31% of 429 companies
in the Interactive Media industry
Industry Median: 65.69 vs SHSE:600228: 77.12

Fanli Digital Technology Co's Days Payable declined from Mar. 2025 (125.24) to Mar. 2026 (102.91). It may suggest that Fanli Digital Technology Co accelerated paying its suppliers.


Fanli Digital Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fanli Digital Technology Co'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.

Fanli Digital Technology Co Days Payable Chart

Fanli Digital Technology Co 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 133.33 169.42 180.39 105.74 72.56

Fanli Digital Technology Co 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 125.24 63.16 115.16 60.88 102.91

SHSE:600228 vs GOOGL, META, SPOT: Days Payable Comparison

For the Internet Content & Information subindustry, Fanli Digital Technology Co'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.


Fanli Digital Technology Co Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fanli Digital Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fanli Digital Technology Co's Days Payable falls into.


SHSE:600228
55GF Score
Fanli Digital Technology Co Ltd SHSE:600228
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fanli Digital Technology Co 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.

Fanli Digital Technology Co'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
=( (35.313 + 76.872) / 2 ) / 282.174*365
=56.0925 / 282.174*365
=72.56

Fanli Digital Technology Co'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
=( (76.872 + 73.273) / 2 ) / 66.568*365 / 4
=75.0725 / 66.568*365 / 4
=102.91

* 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 102.91 mean?
Fanli Digital Technology Co (SHSE:600228) has a Days Payable of 102.91 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 Fanli Digital Technology Co and its competitors. This is 15% above median its historical median of 89.15. Over the past decade, Fanli Digital Technology Co's Days Payable has ranged from 23.82 to 180.39. According to the industry distribution chart, Fanli Digital Technology Co ranks #196 out of 429 companies in the Interactive Media industry, placing it in the top 45.7%.
Is Fanli Digital Technology Co's Days Payable too high?
Fanli Digital Technology Co's current Days Payable of 102.91 is 15% above median its 10-year median of 89.15. Over the past 10 years, this metric has ranged from a low of 23.82 to a high of 180.39. The Interactive Media industry median Days Payable is 65.69. Fanli Digital Technology Co's value of 102.91 is 56.7% above this industry median. Based on the distribution chart, Fanli Digital Technology Co ranks #196 out of 429 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Fanli Digital Technology Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fanli Digital Technology Co's Days Payable compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Fanli Digital Technology Co ranks #196 out of 429 companies for Days Payable. This puts Fanli Digital Technology Co in the upper half of its industry. The industry median Days Payable is 65.69. Fanli Digital Technology Co's value of 102.91 is 56.7% above this benchmark. Historically, Fanli Digital Technology Co's own Days Payable has ranged from 23.82 to 180.39 over the past decade. While the company's 10-year median is 89.15 vs. the industry median of 65.69, Fanli Digital Technology Co 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 65.69, based on 429 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. Fanli Digital Technology Co's current Days Payable of 102.91 is 56.7% 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 Fanli Digital Technology Co and its competitors. For the Interactive Media industry, the median Days Payable is 65.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fanli Digital Technology Co's current Days Payable is 102.91, which is 15% above median its own 10-year median of 89.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fanli Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fanli Digital Technology Co (SHSE:600228) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.68, compared to a current price of ¥6.81 — trading 61.5% below its estimated fair value. The current Days Payable is 102.91, which is 15% above median its 10-year median of 89.15 and 56.7% above the Interactive Media industry median of 65.69. Fanli Digital Technology Co's overall GF Score™ is 55/100 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 Fanli Digital Technology Co (SHSE:600228), the current Days Payable is 102.91 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 Fanli Digital Technology Co (SHSE:600228) Overvalued in 2026?

Based on GuruFocus' analysis, Fanli Digital Technology Co stock appears to be undervalued. The current stock price of ¥6.81 is trading 61.5% below its estimated GF Value™ of ¥17.68. GuruFocus considers Fanli Digital Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:600228:

  • Days Payable: 102.91 (15% above median its 10-year median of 89.15)
  • GF Value™: ¥17.68 vs. price of ¥6.81 (61.5% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 56.7% above the Interactive Media median (#196 of 429)

No single metric tells the full story. See the SHSE:600228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fanli Digital Technology Co Business Description

Address No. 31, Changzheng Avenue, Room 805, 8th Floor, Chamber of Commerce Building, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 200232
Fanli Digital Technology Co Ltd focuses on providing digital services. The business services of the company includes technical services, software development, network and information security software development, advertising distribution, internet sales, and others.
55GF Score

Get the complete analysis for SHSE:600228

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

¥6.81
Price
¥17.68
GF Value