Jiangsu Broadcasting Cable Information Network (SHSE:600959) Days Payable: 188.16 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600959 Jiangsu Broadcasting Cable Information Network Corp Ltd SHSE:600959
63 GF Score
Price ¥3.08
GF Value ¥3.18
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Jiangsu Broadcasting Cable Information Network Days Payable?

Jiangsu Broadcasting Cable Information Network SHSE:600959 -0.65% 63 Days Payable is 188.16 as of Mar. 2026, which is 2% above its 10-year median of 185.14. GuruFocus rates SHSE:600959 with a GF Score™ of 63/100 and a GF Value™ of ¥3.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 912 Media - Diversified companies, Jiangsu Broadcasting Cable Information Network ranks better than 71.38% on this metric.

Jiangsu Broadcasting Cable Information Network's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,009 Mil. Jiangsu Broadcasting Cable Information Network's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,459 Mil. Hence, Jiangsu Broadcasting Cable Information Network's Days Payable for the three months ended in Mar. 2026 was 188.16.

The historical rank and industry rank for Jiangsu Broadcasting Cable Information Network's Days Payable or its related term are showing as below:

SHSE:600959' s Days Payable Range Over the Past 10 Years
Min: 163.7   Med: 185.14   Max: 195.69
Current: 176.79

During the past 13 years, Jiangsu Broadcasting Cable Information Network's highest Days Payable was 195.69. The lowest was 163.70. And the median was 185.14.

SHSE:600959's Days Payable is ranked better than
71.38% of 912 companies
in the Media - Diversified industry
Industry Median: 81.64 vs SHSE:600959: 176.79

Jiangsu Broadcasting Cable Information Network's Days Payable declined from Mar. 2025 (192.70) to Mar. 2026 (188.16). It may suggest that Jiangsu Broadcasting Cable Information Network accelerated paying its suppliers.


Jiangsu Broadcasting Cable Information Network Days Payable Related Terms


Jiangsu Broadcasting Cable Information Network Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Broadcasting Cable Information Network'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.

Jiangsu Broadcasting Cable Information Network Days Payable Chart

Jiangsu Broadcasting Cable Information Network 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 191.29 193.38 188.40 180.50 181.87

Jiangsu Broadcasting Cable Information Network 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 192.70 167.23 214.91 151.40 188.16

SHSE:600959 vs NXST: Days Payable Comparison

For the Broadcasting subindustry, Jiangsu Broadcasting Cable Information Network'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.


Jiangsu Broadcasting Cable Information Network Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Broadcasting Cable Information Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Broadcasting Cable Information Network's Days Payable falls into.


SHSE:600959
63GF Score
Jiangsu Broadcasting Cable Information Network Corp Ltd SHSE:600959
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Broadcasting Cable Information Network 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.

Jiangsu Broadcasting Cable Information Network'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
=( (3044.969 + 3149.781) / 2 ) / 6216.16*365
=3097.375 / 6216.16*365
=181.87

Jiangsu Broadcasting Cable Information Network'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
=( (3149.781 + 2867.879) / 2 ) / 1459.172*365 / 4
=3008.83 / 1459.172*365 / 4
=188.16

* 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 188.16 mean?
Jiangsu Broadcasting Cable Information Network (SHSE:600959) has a Days Payable of 188.16 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 Jiangsu Broadcasting Cable Information Network and its competitors. This is near median its historical median of 185.14. Over the past decade, Jiangsu Broadcasting Cable Information Network's Days Payable has ranged from 163.70 to 195.69. According to the industry distribution chart, Jiangsu Broadcasting Cable Information Network ranks #261 out of 912 companies in the Media - Diversified industry, placing it in the top 28.6%.
Is Jiangsu Broadcasting Cable Information Network's Days Payable too high?
Jiangsu Broadcasting Cable Information Network's current Days Payable of 188.16 is near median its 10-year median of 185.14. Over the past 10 years, this metric has ranged from a low of 163.70 to a high of 195.69. The Media - Diversified industry median Days Payable is 81.64. Jiangsu Broadcasting Cable Information Network's value of 188.16 is 130.5% above this industry median. Based on the distribution chart, Jiangsu Broadcasting Cable Information Network ranks #261 out of 912 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Jiangsu Broadcasting Cable Information Network has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Broadcasting Cable Information Network's Days Payable compare to NXST?
According to the Media - Diversified industry distribution chart, Jiangsu Broadcasting Cable Information Network ranks #261 out of 912 companies for Days Payable. This puts Jiangsu Broadcasting Cable Information Network in the upper half of its industry. The industry median Days Payable is 81.64. Jiangsu Broadcasting Cable Information Network's value of 188.16 is 130.5% above this benchmark. Historically, Jiangsu Broadcasting Cable Information Network's own Days Payable has ranged from 163.70 to 195.69 over the past decade. While the company's 10-year median is 185.14 vs. the industry median of 81.64, Jiangsu Broadcasting Cable Information Network 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 81.64, based on 912 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. Jiangsu Broadcasting Cable Information Network's current Days Payable of 188.16 is 130.5% 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 Jiangsu Broadcasting Cable Information Network and its competitors. For the Media - Diversified industry, the median Days Payable is 81.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Broadcasting Cable Information Network's current Days Payable is 188.16, which is near median its own 10-year median of 185.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Broadcasting Cable Information Network stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Broadcasting Cable Information Network (SHSE:600959) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.18, compared to a current price of ¥3.08 — trading 3.1% below its estimated fair value. The current Days Payable is 188.16, which is near median its 10-year median of 185.14 and 130.5% above the Media - Diversified industry median of 81.64. Jiangsu Broadcasting Cable Information Network's overall GF Score™ is 63/100 with 6 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 Jiangsu Broadcasting Cable Information Network (SHSE:600959), the current Days Payable is 188.16 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 Jiangsu Broadcasting Cable Information Network (SHSE:600959) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Broadcasting Cable Information Network stock appears to be undervalued. The current stock price of ¥3.08 is trading 3.1% below its estimated GF Value™ of ¥3.18. GuruFocus considers Jiangsu Broadcasting Cable Information Network to be Fairly Valued.

Key valuation signals for SHSE:600959:

  • Days Payable: 188.16 (near median its 10-year median of 185.14)
  • GF Value™: ¥3.18 vs. price of ¥3.08 (3.1% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 130.5% above the Media - Diversified median (#261 of 912)

No single metric tells the full story. See the SHSE:600959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Broadcasting Cable Information Network Business Description

Address Number 4, Beijing East Road, 25th Floor, Jiangsu Radio and Television City, Jiangsu Province, Nanjing, CHN, 210008
Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services.
63GF Score

Get the complete analysis for SHSE:600959

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

¥3.08
Price
¥3.18
GF Value