Zhejiang Sunriver Culture Co (SHSE:600576) Days Payable: 124.16 (As of Jun. 2026) — 54% Above Median

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SHSE:600576 Zhejiang Sunriver Culture Co Ltd SHSE:600576
66 GF Score
Price ¥5.58
GF Value ¥9.58
Valuation Possible Value Trap
! 8 Warning Signs
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What is Zhejiang Sunriver Culture Co Days Payable?

Zhejiang Sunriver Culture Co SHSE:600576 +1.09% 66 Days Payable is 124.16 as of Jun. 2026, which is 54% above its 10-year median of 80.60. GuruFocus rates SHSE:600576 with a GF Score™ of 66/100 and a GF Value™ of ¥9.58 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 779 Travel & Leisure companies, Zhejiang Sunriver Culture Co ranks better than 70.6% on this metric.

Zhejiang Sunriver Culture Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥230 Mil. Zhejiang Sunriver Culture Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥169 Mil. Hence, Zhejiang Sunriver Culture Co's Days Payable for the three months ended in Jun. 2026 was 124.16.

The historical rank and industry rank for Zhejiang Sunriver Culture Co's Days Payable or its related term are showing as below:

SHSE:600576' s Days Payable Range Over the Past 10 Years
Min: 25.1   Med: 80.6   Max: 131.96
Current: 104.63

During the past 13 years, Zhejiang Sunriver Culture Co's highest Days Payable was 131.96. The lowest was 25.10. And the median was 80.60.

SHSE:600576's Days Payable is ranked better than
70.6% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.41 vs SHSE:600576: 104.63

Zhejiang Sunriver Culture Co's Days Payable increased from Jun. 2025 (49.61) to Jun. 2026 (124.16). It may suggest that Zhejiang Sunriver Culture Co delayed paying its suppliers.


Zhejiang Sunriver Culture Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Sunriver Culture 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.

Zhejiang Sunriver Culture Co Days Payable Chart

Zhejiang Sunriver Culture 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 96.77 94.32 66.87 102.52 131.96

Zhejiang Sunriver Culture Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.61 52.04 95.94 160.04 124.16

SHSE:600576 vs BKNG, ABNB, RCL: Days Payable Comparison

For the Travel Services subindustry, Zhejiang Sunriver Culture 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.


Zhejiang Sunriver Culture Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Sunriver Culture Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Sunriver Culture Co's Days Payable falls into.


SHSE:600576
66GF Score
Zhejiang Sunriver Culture Co Ltd SHSE:600576
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Sunriver Culture 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.

Zhejiang Sunriver Culture 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
=( (187.366 + 214.97) / 2 ) / 556.411*365
=201.168 / 556.411*365
=131.96

Zhejiang Sunriver Culture Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (209.771 + 249.555) / 2 ) / 168.782*365 / 4
=229.663 / 168.782*365 / 4
=124.16

* 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 124.16 mean?
Zhejiang Sunriver Culture Co (SHSE:600576) has a Days Payable of 124.16 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhejiang Sunriver Culture Co and its competitors. This is 54% above median its historical median of 80.60. Over the past decade, Zhejiang Sunriver Culture Co's Days Payable has ranged from 25.10 to 131.96. According to the industry distribution chart, Zhejiang Sunriver Culture Co ranks #229 out of 779 companies in the Travel & Leisure industry, placing it in the top 29.4%.
Is Zhejiang Sunriver Culture Co's Days Payable too high?
Zhejiang Sunriver Culture Co's current Days Payable of 124.16 is 54% above median its 10-year median of 80.60. Over the past 10 years, this metric has ranged from a low of 25.10 to a high of 131.96. The Travel & Leisure industry median Days Payable is 56.41. Zhejiang Sunriver Culture Co's value of 124.16 is 120.1% above this industry median. Based on the distribution chart, Zhejiang Sunriver Culture Co ranks #229 out of 779 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Zhejiang Sunriver Culture Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Sunriver Culture Co's Days Payable compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Zhejiang Sunriver Culture Co ranks #229 out of 779 companies for Days Payable. This puts Zhejiang Sunriver Culture Co in the upper half of its industry. The industry median Days Payable is 56.41. Zhejiang Sunriver Culture Co's value of 124.16 is 120.1% above this benchmark. Historically, Zhejiang Sunriver Culture Co's own Days Payable has ranged from 25.10 to 131.96 over the past decade. While the company's 10-year median is 80.60 vs. the industry median of 56.41, Zhejiang Sunriver Culture 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 a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.41, based on 779 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. Zhejiang Sunriver Culture Co's current Days Payable of 124.16 is 120.1% 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 Zhejiang Sunriver Culture Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Sunriver Culture Co's current Days Payable is 124.16, which is 54% above median its own 10-year median of 80.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Sunriver Culture Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co (SHSE:600576) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.58, compared to a current price of ¥5.58 — trading 41.8% below its estimated fair value. The current Days Payable is 124.16, which is 54% above median its 10-year median of 80.60 and 120.1% above the Travel & Leisure industry median of 56.41. Zhejiang Sunriver Culture Co's overall GF Score™ is 66/100 with 8 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 Zhejiang Sunriver Culture Co (SHSE:600576), the current Days Payable is 124.16 as of Jun. 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 Zhejiang Sunriver Culture Co (SHSE:600576) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co stock appears to be undervalued. The current stock price of ¥5.58 is trading 41.8% below its estimated GF Value™ of ¥9.58. GuruFocus considers Zhejiang Sunriver Culture Co to be Possible Value Trap.

Key valuation signals for SHSE:600576:

  • Days Payable: 124.16 (54% above median its 10-year median of 80.60)
  • GF Value™: ¥9.58 vs. price of ¥5.58 (41.8% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 120.1% above the Travel & Leisure median (#229 of 779)

No single metric tells the full story. See the SHSE:600576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Sunriver Culture Co Business Description

Address No. 1 Miduqiao Road, 12th Floor, Baima Building, Hangzhou, CHN, 310005
Zhejiang Sunriver Culture Co Ltd is a China-based company with scenic destination business engaged in development of cultural tourism technology innovation. The company has formed a business pattern of synergistic development of destination vacation, travel services, culture and consumption, and digital technology.
66GF Score

Get the complete analysis for SHSE:600576

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

¥5.58
Price
¥9.58
GF Value