Zhejiang Publishing & Media Co (SHSE:601921) Days Payable: 230.12 (As of Mar. 2026) — Near Median

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SHSE:601921 Zhejiang Publishing & Media Co Ltd SHSE:601921
77 GF Score
Price ¥6.91
GF Value ¥7.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Publishing & Media Co Days Payable?

Zhejiang Publishing & Media Co SHSE:601921 -1.71% 77 Days Payable is 230.12 as of Mar. 2026, which is 3% above its 10-year median of 222.65. GuruFocus rates SHSE:601921 with a GF Score™ of 77/100 and a GF Value™ of ¥7.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 911 Media - Diversified companies, Zhejiang Publishing & Media Co ranks better than 81.78% on this metric.

Zhejiang Publishing & Media Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,840 Mil. Zhejiang Publishing & Media Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,919 Mil. Hence, Zhejiang Publishing & Media Co's Days Payable for the three months ended in Mar. 2026 was 230.12.

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

SHSE:601921' s Days Payable Range Over the Past 10 Years
Min: 158.54   Med: 222.65   Max: 267.21
Current: 267.21

During the past 9 years, Zhejiang Publishing & Media Co's highest Days Payable was 267.21. The lowest was 158.54. And the median was 222.65.

SHSE:601921's Days Payable is ranked better than
81.78% of 911 companies
in the Media - Diversified industry
Industry Median: 82.61 vs SHSE:601921: 267.21

Zhejiang Publishing & Media Co's Days Payable declined from Mar. 2025 (256.73) to Mar. 2026 (230.12). It may suggest that Zhejiang Publishing & Media Co accelerated paying its suppliers.


Zhejiang Publishing & Media Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhejiang Publishing & 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.

Zhejiang Publishing & Media Co Days Payable Chart

Zhejiang Publishing & Media Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 222.65 250.04 260.67 260.76 241.96

Zhejiang Publishing & Media 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 256.73 317.76 401.85 185.99 230.12

SHSE:601921 vs NYT, WLY: Days Payable Comparison

For the Publishing subindustry, Zhejiang Publishing & 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.


Zhejiang Publishing & Media Co Days Payable vs Media - Diversified Industry

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

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


SHSE:601921
77GF Score
Zhejiang Publishing & Media Co Ltd SHSE:601921
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Publishing & 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.

Zhejiang Publishing & 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
=( (5461.988 + 4415.043) / 2 ) / 7449.841*365
=4938.5155 / 7449.841*365
=241.96

Zhejiang Publishing & Media 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
=( (4415.043 + 5264.614) / 2 ) / 1919.177*365 / 4
=4839.8285 / 1919.177*365 / 4
=230.12

* 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 230.12 mean?
Zhejiang Publishing & Media Co (SHSE:601921) has a Days Payable of 230.12 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 Zhejiang Publishing & Media Co and its competitors. This is near median its historical median of 222.65. Over the past decade, Zhejiang Publishing & Media Co's Days Payable has ranged from 158.54 to 267.21. According to the industry distribution chart, Zhejiang Publishing & Media Co ranks #166 out of 911 companies in the Media - Diversified industry, placing it in the top 18.2%.
Is Zhejiang Publishing & Media Co's Days Payable too high?
Zhejiang Publishing & Media Co's current Days Payable of 230.12 is near median its 10-year median of 222.65. Over the past 10 years, this metric has ranged from a low of 158.54 to a high of 267.21. The Media - Diversified industry median Days Payable is 82.61. Zhejiang Publishing & Media Co's value of 230.12 is 178.6% above this industry median. Based on the distribution chart, Zhejiang Publishing & Media Co ranks #166 out of 911 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Publishing & Media Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Publishing & Media Co's Days Payable compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Zhejiang Publishing & Media Co ranks #166 out of 911 companies for Days Payable. This places Zhejiang Publishing & Media Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 82.61. Zhejiang Publishing & Media Co's value of 230.12 is 178.6% above this benchmark. Historically, Zhejiang Publishing & Media Co's own Days Payable has ranged from 158.54 to 267.21 over the past decade. While the company's 10-year median is 222.65 vs. the industry median of 82.61, Zhejiang Publishing & 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 82.61, 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. Zhejiang Publishing & Media Co's current Days Payable of 230.12 is 178.6% 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 Zhejiang Publishing & Media Co and its competitors. For the Media - Diversified industry, the median Days Payable is 82.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Publishing & Media Co's current Days Payable is 230.12, which is near median its own 10-year median of 222.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Publishing & Media Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Publishing & Media Co (SHSE:601921) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.71, compared to a current price of ¥6.91 — trading 10.4% below its estimated fair value. The current Days Payable is 230.12, which is near median its 10-year median of 222.65 and 178.6% above the Media - Diversified industry median of 82.61. Zhejiang Publishing & Media Co's overall GF Score™ is 77/100 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 Zhejiang Publishing & Media Co (SHSE:601921), the current Days Payable is 230.12 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 Zhejiang Publishing & Media Co (SHSE:601921) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Publishing & Media Co stock appears to be undervalued. The current stock price of ¥6.91 is trading 10.4% below its estimated GF Value™ of ¥7.71. GuruFocus considers Zhejiang Publishing & Media Co to be Modestly Undervalued.

Key valuation signals for SHSE:601921:

  • Days Payable: 230.12 (near median its 10-year median of 222.65)
  • GF Value™: ¥7.71 vs. price of ¥6.91 (10.4% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 178.6% above the Media - Diversified median (#166 of 911)

No single metric tells the full story. See the SHSE:601921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Publishing & Media Co Business Description

Address No. 177 Huancheng North Road, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310005
Zhejiang Publishing & Media Co Ltd is engaged in the publication, distribution, and printing of publications such as books, periodicals, audio-visual products, and electronic publications.
77GF Score

Get the complete analysis for SHSE:601921

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

¥6.91
Price
¥7.71
GF Value