Zhewen Interactive Group Co (SHSE:600986) Days Payable: 39.89 (As of Jun. 2026) — 37% Below Median

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SHSE:600986 Zhewen Interactive Group Co Ltd SHSE:600986
61 GF Score
Price ¥7.39
GF Value ¥7.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhewen Interactive Group Co Days Payable?

Zhewen Interactive Group Co SHSE:600986 -1.86% 61 Days Payable is 39.89 as of Jun. 2026, which is 37% below its 10-year median of 62.97. GuruFocus rates SHSE:600986 with a GF Score™ of 61/100 and a GF Value™ of ¥7.10 (Fairly Valued). The stock has 4 warning signs investors should review. Among 913 Media - Diversified companies, Zhewen Interactive Group Co ranks worse than 66.92% on this metric.

Zhewen Interactive Group Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥1,022 Mil. Zhewen Interactive Group Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥2,338 Mil. Hence, Zhewen Interactive Group Co's Days Payable for the three months ended in Jun. 2026 was 39.89.

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: 46.03

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
66.92% of 913 companies
in the Media - Diversified industry
Industry Median: 80.88 vs SHSE:600986: 46.03

Zhewen Interactive Group Co's Days Payable declined from Jun. 2025 (70.93) to Jun. 2026 (39.89). 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
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 70.93 51.25 38.21 61.69 39.89

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
61GF 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 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
=( (987.718 + 1056.099) / 2 ) / 2337.932*365 / 4
=1021.9085 / 2337.932*365 / 4
=39.89

* 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 39.89 mean?
Zhewen Interactive Group Co (SHSE:600986) has a Days Payable of 39.89 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 Zhewen Interactive Group Co and its competitors. This is 37% below 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 #611 out of 913 companies in the Media - Diversified industry, placing it in the top 66.9%.
Is Zhewen Interactive Group Co's Days Payable too high?
Zhewen Interactive Group Co's current Days Payable of 39.89 is 37% below 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 80.88. Zhewen Interactive Group Co's value of 39.89 is 50.7% below this industry median. Based on the distribution chart, Zhewen Interactive Group Co ranks #611 out of 913 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Zhewen Interactive Group Co has a GF Score™ of 61/100 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 #611 out of 913 companies for Days Payable. This places Zhewen Interactive Group Co in the lower half of its industry. The industry median Days Payable is 80.88. Zhewen Interactive Group Co's value of 39.89 is 50.7% 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 80.88, 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 80.88, based on 913 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 39.89 is 50.7% 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 80.88 — 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 39.89, which is 37% below 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 ¥7.10, compared to a current price of ¥7.39 — trading 4.1% above its estimated fair value. The current Days Payable is 39.89, which is 37% below median its 10-year median of 62.97 and 50.7% below the Media - Diversified industry median of 80.88. Zhewen Interactive Group Co's overall GF Score™ is 61/100 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 39.89 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 Zhewen Interactive Group Co (SHSE:600986) Overvalued in 2026?

Based on GuruFocus' analysis, Zhewen Interactive Group Co stock appears to be overvalued. The current stock price of ¥7.39 is trading 4.1% above its estimated GF Value™ of ¥7.10. GuruFocus considers Zhewen Interactive Group Co to be Fairly Valued.

Key valuation signals for SHSE:600986:

  • Days Payable: 39.89 (37% below median its 10-year median of 62.97)
  • GF Value™: ¥7.10 vs. price of ¥7.39 (4.1% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 50.7% below the Media - Diversified median (#611 of 913)

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.
61GF 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.

¥7.39
Price
¥7.10
GF Value