Chinatellite Communications Co (SHSE:601698) Days Payable: 71.21 (As of Mar. 2026) — 16% Below Median

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SHSE:601698 China Satellite Communications Co Ltd SHSE:601698
76 GF Score
Price ¥25.59
GF Value ¥23.58
Valuation Fairly Valued
! 4 Warning Signs
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What is Chinatellite Communications Co Days Payable?

Chinatellite Communications Co SHSE:601698 -6.67% 76 Days Payable is 71.21 as of Mar. 2026, which is 16% below its 10-year median of 84.88. GuruFocus rates SHSE:601698 with a GF Score™ of 76/100 and a GF Value™ of ¥23.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 338 Telecommunication Services companies, Chinatellite Communications Co ranks worse than 55.62% on this metric.

Chinatellite Communications Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥343 Mil. Chinatellite Communications Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥439 Mil. Hence, Chinatellite Communications Co's Days Payable for the three months ended in Mar. 2026 was 71.21.

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

SHSE:601698' s Days Payable Range Over the Past 10 Years
Min: 40.58   Med: 84.88   Max: 140.64
Current: 94.58

During the past 12 years, Chinatellite Communications Co's highest Days Payable was 140.64. The lowest was 40.58. And the median was 84.88.

SHSE:601698's Days Payable is ranked worse than
55.62% of 338 companies
in the Telecommunication Services industry
Industry Median: 105.715 vs SHSE:601698: 94.58

Chinatellite Communications Co's Days Payable increased from Mar. 2025 (56.23) to Mar. 2026 (71.21). It may suggest that Chinatellite Communications Co delayed paying its suppliers.


Chinatellite Communications Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chinatellite Communications 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.

Chinatellite Communications Co Days Payable Chart

Chinatellite Communications 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 50.03 66.22 105.47 85.77 56.11

Chinatellite Communications 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 56.23 89.05 158.44 98.71 71.21

SHSE:601698 vs TMUS, VZ, T: Days Payable Comparison

For the Telecom Services subindustry, Chinatellite Communications 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.


Chinatellite Communications Co Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chinatellite Communications Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chinatellite Communications Co's Days Payable falls into.


SHSE:601698
76GF Score
China Satellite Communications Co Ltd SHSE:601698
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinatellite Communications 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.

Chinatellite Communications 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
=( (251.546 + 322.085) / 2 ) / 1865.889*365
=286.8155 / 1865.889*365
=56.11

Chinatellite Communications 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
=( (322.085 + 363.326) / 2 ) / 439.15*365 / 4
=342.7055 / 439.15*365 / 4
=71.21

* 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 71.21 mean?
Chinatellite Communications Co (SHSE:601698) has a Days Payable of 71.21 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 Chinatellite Communications Co and its competitors. This is 16% below median its historical median of 84.88. Over the past decade, Chinatellite Communications Co's Days Payable has ranged from 40.58 to 140.64. According to the industry distribution chart, Chinatellite Communications Co ranks #188 out of 338 companies in the Telecommunication Services industry, placing it in the top 55.6%.
Is Chinatellite Communications Co's Days Payable too high?
Chinatellite Communications Co's current Days Payable of 71.21 is 16% below median its 10-year median of 84.88. Over the past 10 years, this metric has ranged from a low of 40.58 to a high of 140.64. The Telecommunication Services industry median Days Payable is 105.72. Chinatellite Communications Co's value of 71.21 is 32.6% below this industry median. Based on the distribution chart, Chinatellite Communications Co ranks #188 out of 338 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Chinatellite Communications Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinatellite Communications Co's Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Chinatellite Communications Co ranks #188 out of 338 companies for Days Payable. This places Chinatellite Communications Co in the lower half of its industry. The industry median Days Payable is 105.72. Chinatellite Communications Co's value of 71.21 is 32.6% below this benchmark. Historically, Chinatellite Communications Co's own Days Payable has ranged from 40.58 to 140.64 over the past decade. While the company's 10-year median is 84.88 vs. the industry median of 105.72, Chinatellite Communications 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 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. Chinatellite Communications Co's current Days Payable of 71.21 is 32.6% 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 Chinatellite Communications 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. Chinatellite Communications Co's current Days Payable is 71.21, which is 16% below median its own 10-year median of 84.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatellite Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatellite Communications Co (SHSE:601698) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.58, compared to a current price of ¥25.59 — trading 8.5% above its estimated fair value. The current Days Payable is 71.21, which is 16% below median its 10-year median of 84.88 and 32.6% below the Telecommunication Services industry median of 105.72. Chinatellite Communications Co's overall GF Score™ is 76/100 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 Chinatellite Communications Co (SHSE:601698), the current Days Payable is 71.21 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 Chinatellite Communications Co (SHSE:601698) Overvalued in 2026?

Based on GuruFocus' analysis, Chinatellite Communications Co stock appears to be overvalued. The current stock price of ¥25.59 is trading 8.5% above its estimated GF Value™ of ¥23.58. GuruFocus considers Chinatellite Communications Co to be Fairly Valued.

Key valuation signals for SHSE:601698:

  • Days Payable: 71.21 (16% below median its 10-year median of 84.88)
  • GF Value™: ¥23.58 vs. price of ¥25.59 (8.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 32.6% below the Telecommunication Services median (#188 of 338)

No single metric tells the full story. See the SHSE:601698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chinatellite Communications Co Business Description

Address No. 59, Houchangcun Road, Haidian District, Beijing, CHN
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.
76GF Score

Get the complete analysis for SHSE:601698

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

¥25.59
Price
¥23.58
GF Value