Southern Publishing and Media Co (SHSE:601900) Days Payable: 368.29 (As of Jun. 2026) — 74% Above Median

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SHSE:601900 Southern Publishing and Media Co Ltd SHSE:601900
89 GF Score
Price ¥11.58
GF Value ¥13.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Southern Publishing and Media Co Days Payable?

Southern Publishing and Media Co SHSE:601900 89 Days Payable is 368.29 as of Jun. 2026, which is 74% above its 10-year median of 211.60. GuruFocus rates SHSE:601900 with a GF Score™ of 89/100 and a GF Value™ of ¥13.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 913 Media - Diversified companies, Southern Publishing and Media Co ranks better than 83.46% on this metric.

Southern Publishing and Media Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥4,552 Mil. Southern Publishing and Media Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥1,128 Mil. Hence, Southern Publishing and Media Co's Days Payable for the three months ended in Jun. 2026 was 368.29.

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

SHSE:601900' s Days Payable Range Over the Past 10 Years
Min: 187.33   Med: 211.6   Max: 304.93
Current: 304.93

During the past 13 years, Southern Publishing and Media Co's highest Days Payable was 304.93. The lowest was 187.33. And the median was 211.60.

SHSE:601900's Days Payable is ranked better than
83.46% of 913 companies
in the Media - Diversified industry
Industry Median: 81.52 vs SHSE:601900: 304.93

Southern Publishing and Media Co's Days Payable increased from Jun. 2025 (302.51) to Jun. 2026 (368.29). It may suggest that Southern Publishing and Media Co delayed paying its suppliers.


Southern Publishing and Media Co Days Payable Related Terms


Southern Publishing and Media Co Days Payable Historical Data

* Premium members only.

The historical data trend for Southern Publishing and Media 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.

Southern Publishing and Media Co Days Payable Chart

Southern Publishing and Media 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 194.89 218.39 225.15 245.14 273.42

Southern Publishing and Media 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 302.51 275.19 276.43 346.67 368.29

SHSE:601900 vs NYT, WLY: Days Payable Comparison

For the Publishing subindustry, Southern Publishing and Media 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.


Southern Publishing and Media Co Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where Southern Publishing and Media Co's Days Payable falls into.


SHSE:601900
89GF Score
Southern Publishing and Media Co Ltd SHSE:601900
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Publishing and Media 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.

Southern Publishing and Media 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
=( (4214.799 + 4036.863) / 2 ) / 5507.774*365
=4125.831 / 5507.774*365
=273.42

Southern Publishing and Media 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
=( (4907.731 + 4195.669) / 2 ) / 1127.748*365 / 4
=4551.7 / 1127.748*365 / 4
=368.29

* 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 368.29 mean?
Southern Publishing and Media Co (SHSE:601900) has a Days Payable of 368.29 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 Southern Publishing and Media Co and its competitors. This is 74% above median its historical median of 211.60. Over the past decade, Southern Publishing and Media Co's Days Payable has ranged from 187.33 to 304.93. According to the industry distribution chart, Southern Publishing and Media Co ranks #151 out of 913 companies in the Media - Diversified industry, placing it in the top 16.5%.
Is Southern Publishing and Media Co's Days Payable too high?
Southern Publishing and Media Co's current Days Payable of 368.29 is 74% above median its 10-year median of 211.60. Over the past 10 years, this metric has ranged from a low of 187.33 to a high of 304.93. The Media - Diversified industry median Days Payable is 81.52. Southern Publishing and Media Co's value of 368.29 is 351.8% above this industry median. Based on the distribution chart, Southern Publishing and Media Co ranks #151 out of 913 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Publishing and Media Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Publishing and Media Co's Days Payable compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Southern Publishing and Media Co ranks #151 out of 913 companies for Days Payable. This places Southern Publishing and Media Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 81.52. Southern Publishing and Media Co's value of 368.29 is 351.8% above this benchmark. Historically, Southern Publishing and Media Co's own Days Payable has ranged from 187.33 to 304.93 over the past decade. While the company's 10-year median is 211.60 vs. the industry median of 81.52, Southern Publishing and Media 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 81.52, 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. Southern Publishing and Media Co's current Days Payable of 368.29 is 351.8% 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 Southern Publishing and Media Co and its competitors. For the Media - Diversified industry, the median Days Payable is 81.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Publishing and Media Co's current Days Payable is 368.29, which is 74% above median its own 10-year median of 211.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Publishing and Media Co stock overvalued right now?
Based on GuruFocus' analysis, Southern Publishing and Media Co (SHSE:601900) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.25, compared to a current price of ¥11.58 — trading 12.6% below its estimated fair value. The current Days Payable is 368.29, which is 74% above median its 10-year median of 211.60 and 351.8% above the Media - Diversified industry median of 81.52. Southern Publishing and Media Co's overall GF Score™ is 89/100 with 5 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 Southern Publishing and Media Co (SHSE:601900), the current Days Payable is 368.29 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 Southern Publishing and Media Co (SHSE:601900) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Publishing and Media Co stock appears to be undervalued. The current stock price of ¥11.58 is trading 12.6% below its estimated GF Value™ of ¥13.25. GuruFocus considers Southern Publishing and Media Co to be Modestly Undervalued.

Key valuation signals for SHSE:601900:

  • Days Payable: 368.29 (74% above median its 10-year median of 211.60)
  • GF Value™: ¥13.25 vs. price of ¥11.58 (12.6% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 351.8% above the Media - Diversified median (#151 of 913)

No single metric tells the full story. See the SHSE:601900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Publishing and Media Co Business Description

Address Huanshi East Road, 11th Floor, No. 472, Yuexiu District, Guangdong Province, Guangzhou, CHN, 510075
Southern Publishing and Media Co Ltd is a publishing company. The company operates as editors, publisher, distributor, wholesaler and retailer books, newspapers, audio-visual products, electronic publications, online books, framework media and other media products, newspapers and periodicals, packaging and decoration printing, printing materials sales, publications import and export.
89GF Score

Get the complete analysis for SHSE:601900

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

¥11.58
Price
¥13.25
GF Value