Bright Oceans Inter-Telecom (SHSE:600289) Days Payable: 28.92 (As of Mar. 2026) — 92% Below Median

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SHSE:600289 Bright Oceans Inter-Telecom Corp SHSE:600289
35 GF Score
Price ¥4.89
GF Value ¥8.22
Valuation Possible Value Trap
! 7 Warning Signs
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What is Bright Oceans Inter-Telecom Days Payable?

Bright Oceans Inter-Telecom SHSE:600289 -5.23% 35 Days Payable is 28.92 as of Mar. 2026, which is 92% below its 10-year median of 347.55. GuruFocus rates SHSE:600289 with a GF Score™ of 35/100 and a GF Value™ of ¥8.22 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,603 Software companies, Bright Oceans Inter-Telecom ranks better than 59.39% on this metric.

Bright Oceans Inter-Telecom's average Accounts Payable for the three months ended in Mar. 2026 was ¥147.0 Mil. Bright Oceans Inter-Telecom's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥463.7 Mil. Hence, Bright Oceans Inter-Telecom's Days Payable for the three months ended in Mar. 2026 was 28.92.

The historical rank and industry rank for Bright Oceans Inter-Telecom's Days Payable or its related term are showing as below:

SHSE:600289' s Days Payable Range Over the Past 10 Years
Min: 72.04   Med: 347.55   Max: 600.37
Current: 72.04

During the past 13 years, Bright Oceans Inter-Telecom's highest Days Payable was 600.37. The lowest was 72.04. And the median was 347.55.

SHSE:600289's Days Payable is ranked better than
59.39% of 2603 companies
in the Software industry
Industry Median: 52.78 vs SHSE:600289: 72.04

Bright Oceans Inter-Telecom's Days Payable declined from Mar. 2025 (757.53) to Mar. 2026 (28.92). It may suggest that Bright Oceans Inter-Telecom accelerated paying its suppliers.


Bright Oceans Inter-Telecom Days Payable Historical Data

* Premium members only.

The historical data trend for Bright Oceans Inter-Telecom'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.

Bright Oceans Inter-Telecom Days Payable Chart

Bright Oceans Inter-Telecom 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 490.86 511.44 600.37 295.97 209.03

Bright Oceans Inter-Telecom 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 757.53 758.41 101.23 124.69 28.92

SHSE:600289 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Bright Oceans Inter-Telecom'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.


Bright Oceans Inter-Telecom Days Payable vs Software Industry

For the Software industry and Technology sector, Bright Oceans Inter-Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where Bright Oceans Inter-Telecom's Days Payable falls into.


SHSE:600289
35GF Score
Bright Oceans Inter-Telecom Corp SHSE:600289
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Oceans Inter-Telecom 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.

Bright Oceans Inter-Telecom'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
=( (147.411 + 144.65) / 2 ) / 254.991*365
=146.0305 / 254.991*365
=209.03

Bright Oceans Inter-Telecom'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
=( (144.65 + 149.251) / 2 ) / 463.682*365 / 4
=146.9505 / 463.682*365 / 4
=28.92

* 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 28.92 mean?
Bright Oceans Inter-Telecom (SHSE:600289) has a Days Payable of 28.92 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 Bright Oceans Inter-Telecom and its competitors. This is 92% below median its historical median of 347.55. Over the past decade, Bright Oceans Inter-Telecom's Days Payable has ranged from 72.04 to 600.37. According to the industry distribution chart, Bright Oceans Inter-Telecom ranks #1057 out of 2603 companies in the Software industry, placing it in the top 40.6%.
Is Bright Oceans Inter-Telecom's Days Payable too high?
Bright Oceans Inter-Telecom's current Days Payable of 28.92 is 92% below median its 10-year median of 347.55. Over the past 10 years, this metric has ranged from a low of 72.04 to a high of 600.37. The Software industry median Days Payable is 52.78. Bright Oceans Inter-Telecom's value of 28.92 is 45.2% below this industry median. Based on the distribution chart, Bright Oceans Inter-Telecom ranks #1057 out of 2603 companies in the Software industry, which is above the industry midpoint. Overall, Bright Oceans Inter-Telecom has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bright Oceans Inter-Telecom's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Bright Oceans Inter-Telecom ranks #1057 out of 2603 companies for Days Payable. This puts Bright Oceans Inter-Telecom in the upper half of its industry. The industry median Days Payable is 52.78. Bright Oceans Inter-Telecom's value of 28.92 is 45.2% below this benchmark. Historically, Bright Oceans Inter-Telecom's own Days Payable has ranged from 72.04 to 600.37 over the past decade. While the company's 10-year median is 347.55 vs. the industry median of 52.78, Bright Oceans Inter-Telecom 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Bright Oceans Inter-Telecom's current Days Payable of 28.92 is 45.2% 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 Bright Oceans Inter-Telecom and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Oceans Inter-Telecom's current Days Payable is 28.92, which is 92% below median its own 10-year median of 347.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Oceans Inter-Telecom stock overvalued right now?
Based on GuruFocus' analysis, Bright Oceans Inter-Telecom (SHSE:600289) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.22, compared to a current price of ¥4.89 — trading 40.5% below its estimated fair value. The current Days Payable is 28.92, which is 92% below median its 10-year median of 347.55 and 45.2% below the Software industry median of 52.78. Bright Oceans Inter-Telecom's overall GF Score™ is 35/100 with 7 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 Bright Oceans Inter-Telecom (SHSE:600289), the current Days Payable is 28.92 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 Bright Oceans Inter-Telecom (SHSE:600289) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Oceans Inter-Telecom stock appears to be undervalued. The current stock price of ¥4.89 is trading 40.5% below its estimated GF Value™ of ¥8.22. GuruFocus considers Bright Oceans Inter-Telecom to be Possible Value Trap.

Key valuation signals for SHSE:600289:

  • Days Payable: 28.92 (92% below median its 10-year median of 347.55)
  • GF Value™: ¥8.22 vs. price of ¥4.89 (40.5% below fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 45.2% below the Software median (#1057 of 2603)

No single metric tells the full story. See the SHSE:600289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Oceans Inter-Telecom Business Description

Address No. 130 Liang Jia Dian, Yi Yang Tower, Haidian District, Beijing, Beijing, CHN, 100036
Bright Oceans Inter-Telecom Corp is a Chinese company engaged in four industries: telecommunication, transportation, energy and capital investment.
35GF Score

Get the complete analysis for SHSE:600289

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

¥4.89
Price
¥8.22
GF Value