New Guomai Digital Culture Co (SHSE:600640) Days Payable: 154.55 (As of Mar. 2026) — 66% Above Median

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SHSE:600640 New Guomai Digital Culture Co Ltd SHSE:600640
56 GF Score
Price ¥10.22
GF Value ¥9.58
Valuation Fairly Valued
! 1 Warning Sign
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What is New Guomai Digital Culture Co Days Payable?

New Guomai Digital Culture Co SHSE:600640 +1.49% 56 Days Payable is 154.55 as of Mar. 2026, which is 66% above its 10-year median of 92.87. GuruFocus rates SHSE:600640 with a GF Score™ of 56/100 and a GF Value™ of ¥9.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 338 Telecommunication Services companies, New Guomai Digital Culture Co ranks better than 64.79% on this metric.

New Guomai Digital Culture Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥642 Mil. New Guomai Digital Culture Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥379 Mil. Hence, New Guomai Digital Culture Co's Days Payable for the three months ended in Mar. 2026 was 154.55.

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

SHSE:600640' s Days Payable Range Over the Past 10 Years
Min: 50.23   Med: 92.87   Max: 191.47
Current: 143.83

During the past 13 years, New Guomai Digital Culture Co's highest Days Payable was 191.47. The lowest was 50.23. And the median was 92.87.

SHSE:600640's Days Payable is ranked better than
64.79% of 338 companies
in the Telecommunication Services industry
Industry Median: 105.715 vs SHSE:600640: 143.83

New Guomai Digital Culture Co's Days Payable declined from Mar. 2025 (172.67) to Mar. 2026 (154.55). It may suggest that New Guomai Digital Culture Co accelerated paying its suppliers.


New Guomai Digital Culture Co Days Payable Historical Data

* Premium members only.

The historical data trend for New Guomai Digital 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.

New Guomai Digital Culture Co Days Payable Chart

New Guomai Digital 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 73.54 82.20 113.98 155.54 191.47

New Guomai Digital Culture 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 172.67 145.10 148.58 128.87 154.55

SHSE:600640 vs TMUS, VZ, T: Days Payable Comparison

For the Telecom Services subindustry, New Guomai Digital 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.


New Guomai Digital Culture Co Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, New Guomai Digital Culture Co's Days Payable distribution charts can be found below:

* The bar in red indicates where New Guomai Digital Culture Co's Days Payable falls into.


SHSE:600640
56GF Score
New Guomai Digital Culture Co Ltd SHSE:600640
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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New Guomai Digital 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.

New Guomai Digital 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
=( (907.943 + 659.936) / 2 ) / 1494.432*365
=783.9395 / 1494.432*365
=191.47

New Guomai Digital Culture 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
=( (659.936 + 623.075) / 2 ) / 378.763*365 / 4
=641.5055 / 378.763*365 / 4
=154.55

* 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 154.55 mean?
New Guomai Digital Culture Co (SHSE:600640) has a Days Payable of 154.55 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 New Guomai Digital Culture Co and its competitors. This is 66% above median its historical median of 92.87. Over the past decade, New Guomai Digital Culture Co's Days Payable has ranged from 50.23 to 191.47. According to the industry distribution chart, New Guomai Digital Culture Co ranks #119 out of 338 companies in the Telecommunication Services industry, placing it in the top 35.2%.
Is New Guomai Digital Culture Co's Days Payable too high?
New Guomai Digital Culture Co's current Days Payable of 154.55 is 66% above median its 10-year median of 92.87. Over the past 10 years, this metric has ranged from a low of 50.23 to a high of 191.47. The Telecommunication Services industry median Days Payable is 105.72. New Guomai Digital Culture Co's value of 154.55 is 46.2% above this industry median. Based on the distribution chart, New Guomai Digital Culture Co ranks #119 out of 338 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, New Guomai Digital Culture Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Guomai Digital Culture Co's Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, New Guomai Digital Culture Co ranks #119 out of 338 companies for Days Payable. This puts New Guomai Digital Culture Co in the upper half of its industry. The industry median Days Payable is 105.72. New Guomai Digital Culture Co's value of 154.55 is 46.2% above this benchmark. Historically, New Guomai Digital Culture Co's own Days Payable has ranged from 50.23 to 191.47 over the past decade. While the company's 10-year median is 92.87 vs. the industry median of 105.72, New Guomai Digital 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 105.72, based on 338 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. New Guomai Digital Culture Co's current Days Payable of 154.55 is 46.2% 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 New Guomai Digital Culture Co and its competitors. For the Telecommunication Services industry, the median Days Payable is 105.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Guomai Digital Culture Co's current Days Payable is 154.55, which is 66% above median its own 10-year median of 92.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Guomai Digital Culture Co stock overvalued right now?
Based on GuruFocus' analysis, New Guomai Digital Culture Co (SHSE:600640) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.58, compared to a current price of ¥10.22 — trading 6.7% above its estimated fair value. The current Days Payable is 154.55, which is 66% above median its 10-year median of 92.87 and 46.2% above the Telecommunication Services industry median of 105.72. New Guomai Digital Culture Co's overall GF Score™ is 56/100 with 1 warning sign 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 New Guomai Digital Culture Co (SHSE:600640), the current Days Payable is 154.55 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 New Guomai Digital Culture Co (SHSE:600640) Overvalued in 2026?

Based on GuruFocus' analysis, New Guomai Digital Culture Co stock appears to be overvalued. The current stock price of ¥10.22 is trading 6.7% above its estimated GF Value™ of ¥9.58. GuruFocus considers New Guomai Digital Culture Co to be Fairly Valued.

Key valuation signals for SHSE:600640:

  • Days Payable: 154.55 (66% above median its 10-year median of 92.87)
  • GF Value™: ¥9.58 vs. price of ¥10.22 (6.7% above fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 46.2% above the Telecommunication Services median (#119 of 338)

No single metric tells the full story. See the SHSE:600640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Guomai Digital Culture Co Business Description

Address 1207 Jiangning Road, Goldmine Building, Shanghai, CHN, 200060
New Guomai Digital Culture Co Ltd is a China telecom company. It is engaged in Internet video content applications, games, digital reading, digital animation and new media, application distribution, point operations, business travel booking and hotel operation management.
56GF Score

Get the complete analysis for SHSE:600640

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

¥10.22
Price
¥9.58
GF Value