Zhewen Interactive Group Co (SHSE:600986) Days Payable: 61.69 (As of Mar. 2026) — Near Median

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SHSE:600986 Zhewen Interactive Group Co Ltd SHSE:600986
59 GF Score
Price ¥6.76
GF Value ¥6.99
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhewen Interactive Group Co Days Payable?

Zhewen Interactive Group Co SHSE:600986 +5.62% 59 Days Payable is 61.69 as of Mar. 2026, which is 2% below its 10-year median of 62.97. GuruFocus rates SHSE:600986 with a GF Score™ of 59/100 and a GF Value™ of ¥6.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 911 Media - Diversified companies, Zhewen Interactive Group Co ranks worse than 62.13% on this metric.

Zhewen Interactive Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,084 Mil. Zhewen Interactive Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,603 Mil. Hence, Zhewen Interactive Group Co's Days Payable for the three months ended in Mar. 2026 was 61.69.

The historical rank and industry rank for Zhewen Interactive Group Co's Days Payable or its related term are showing as below:

SHSE:600986' s Days Payable Range Over the Past 10 Years
Min: 44.81   Med: 62.97   Max: 135.05
Current: 54.24

During the past 13 years, Zhewen Interactive Group Co's highest Days Payable was 135.05. The lowest was 44.81. And the median was 62.97.

SHSE:600986's Days Payable is ranked worse than
62.13% of 911 companies
in the Media - Diversified industry
Industry Median: 82.53 vs SHSE:600986: 54.24

Zhewen Interactive Group Co's Days Payable declined from Mar. 2025 (63.78) to Mar. 2026 (61.69). It may suggest that Zhewen Interactive Group Co accelerated paying its suppliers.


Zhewen Interactive Group Co Days Payable Historical Data

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The historical data trend for Zhewen Interactive Group 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.

Zhewen Interactive Group Co Days Payable Chart

Zhewen Interactive Group 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 55.13 44.81 59.47 78.89 58.58

Zhewen Interactive Group 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 63.78 70.93 51.25 38.21 61.69

SHSE:600986 vs APP, OMC, TTD: Days Payable Comparison

For the Advertising Agencies subindustry, Zhewen Interactive Group 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.


Zhewen Interactive Group Co Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhewen Interactive Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhewen Interactive Group Co's Days Payable falls into.


SHSE:600986
59GF Score
Zhewen Interactive Group Co Ltd SHSE:600986
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhewen Interactive Group 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.

Zhewen Interactive Group 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
=( (1265.185 + 1180.192) / 2 ) / 7618.485*365
=1222.6885 / 7618.485*365
=58.58

Zhewen Interactive Group 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
=( (1180.192 + 987.718) / 2 ) / 1603.43*365 / 4
=1083.955 / 1603.43*365 / 4
=61.69

* 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 61.69 mean?
Zhewen Interactive Group Co (SHSE:600986) has a Days Payable of 61.69 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 Zhewen Interactive Group Co and its competitors. This is near median its historical median of 62.97. Over the past decade, Zhewen Interactive Group Co's Days Payable has ranged from 44.81 to 135.05. According to the industry distribution chart, Zhewen Interactive Group Co ranks #566 out of 911 companies in the Media - Diversified industry, placing it in the top 62.1%.
Is Zhewen Interactive Group Co's Days Payable too high?
Zhewen Interactive Group Co's current Days Payable of 61.69 is near median its 10-year median of 62.97. Over the past 10 years, this metric has ranged from a low of 44.81 to a high of 135.05. The Media - Diversified industry median Days Payable is 82.53. Zhewen Interactive Group Co's value of 61.69 is 25.3% below this industry median. Based on the distribution chart, Zhewen Interactive Group Co ranks #566 out of 911 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Zhewen Interactive Group Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhewen Interactive Group Co's Days Payable compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Zhewen Interactive Group Co ranks #566 out of 911 companies for Days Payable. This places Zhewen Interactive Group Co in the lower half of its industry. The industry median Days Payable is 82.53. Zhewen Interactive Group Co's value of 61.69 is 25.3% below this benchmark. Historically, Zhewen Interactive Group Co's own Days Payable has ranged from 44.81 to 135.05 over the past decade. While the company's 10-year median is 62.97 vs. the industry median of 82.53, Zhewen Interactive Group Co 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.53, based on 911 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. Zhewen Interactive Group Co's current Days Payable of 61.69 is 25.3% 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 Zhewen Interactive Group Co and its competitors. For the Media - Diversified industry, the median Days Payable is 82.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhewen Interactive Group Co's current Days Payable is 61.69, which is near median its own 10-year median of 62.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhewen Interactive Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhewen Interactive Group Co (SHSE:600986) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.99, compared to a current price of ¥6.76 — trading 3.3% below its estimated fair value. The current Days Payable is 61.69, which is near median its 10-year median of 62.97 and 25.3% below the Media - Diversified industry median of 82.53. Zhewen Interactive Group Co's overall GF Score™ is 59/100 with 4 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 Zhewen Interactive Group Co (SHSE:600986), the current Days Payable is 61.69 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 Zhewen Interactive Group Co (SHSE:600986) Overvalued in 2026?

Based on GuruFocus' analysis, Zhewen Interactive Group Co stock appears to be undervalued. The current stock price of ¥6.76 is trading 3.3% below its estimated GF Value™ of ¥6.99. GuruFocus considers Zhewen Interactive Group Co to be Fairly Valued.

Key valuation signals for SHSE:600986:

  • Days Payable: 61.69 (near median its 10-year median of 62.97)
  • GF Value™: ¥6.99 vs. price of ¥6.76 (3.3% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 25.3% below the Media - Diversified median (#566 of 911)

No single metric tells the full story. See the SHSE:600986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhewen Interactive Group Co Business Description

Address Issa Wenxin Plaza, 5th Floor, Block A, Chaoyang District, Beijing, CHN, 100000
Zhewen Interactive Group Co Ltd is engaged in digital marketing, with technology and data driving traffic operations, and digging into the value of traffic. It provides corporate marketing planning, corporate image planning, exhibition and display services; design, production, agency, and advertising.
59GF Score

Get the complete analysis for SHSE:600986

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

¥6.76
Price
¥6.99
GF Value