China Publishing & Media Holdings Co (SHSE:601949) Days Payable: 333.43 (As of Mar. 2026) — 85% Above Median

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SHSE:601949 China Publishing & Media Holdings Co Ltd SHSE:601949
73 GF Score
Price ¥4.86
GF Value ¥6.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Publishing & Media Holdings Co Days Payable?

China Publishing & Media Holdings Co SHSE:601949 +1.04% 73 Days Payable is 333.43 as of Mar. 2026, which is 85% above its 10-year median of 180.62. GuruFocus rates SHSE:601949 with a GF Score™ of 73/100 and a GF Value™ of ¥6.29 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 915 Media - Diversified companies, China Publishing & Media Holdings Co ranks better than 75.41% on this metric.

China Publishing & Media Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,843 Mil. China Publishing & Media Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥504 Mil. Hence, China Publishing & Media Holdings Co's Days Payable for the three months ended in Mar. 2026 was 333.43.

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

SHSE:601949' s Days Payable Range Over the Past 10 Years
Min: 158.84   Med: 180.62   Max: 211.41
Current: 202.23

During the past 13 years, China Publishing & Media Holdings Co's highest Days Payable was 211.41. The lowest was 158.84. And the median was 180.62.

SHSE:601949's Days Payable is ranked better than
75.41% of 915 companies
in the Media - Diversified industry
Industry Median: 83.18 vs SHSE:601949: 202.23

China Publishing & Media Holdings Co's Days Payable increased from Mar. 2025 (306.91) to Mar. 2026 (333.43). It may suggest that China Publishing & Media Holdings Co delayed paying its suppliers.


China Publishing & Media Holdings Co Days Payable Related Terms


China Publishing & Media Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Publishing & Media Holdings 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.

China Publishing & Media Holdings Co Days Payable Chart

China Publishing & Media Holdings 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 163.84 179.67 180.89 180.34 203.69

China Publishing & Media Holdings 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 306.91 204.96 233.99 134.81 333.43

SHSE:601949 vs NYT, WLY: Days Payable Comparison

For the Publishing subindustry, China Publishing & Media Holdings 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.


China Publishing & Media Holdings Co Days Payable vs Media - Diversified Industry

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

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


SHSE:601949
73GF Score
China Publishing & Media Holdings Co Ltd SHSE:601949
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Publishing & Media Holdings 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.

China Publishing & Media Holdings 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
=( (1998.308 + 1881.204) / 2 ) / 3476.009*365
=1939.756 / 3476.009*365
=203.69

China Publishing & Media Holdings 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
=( (1881.204 + 1805.244) / 2 ) / 504.433*365 / 4
=1843.224 / 504.433*365 / 4
=333.43

* 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 333.43 mean?
China Publishing & Media Holdings Co (SHSE:601949) has a Days Payable of 333.43 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 China Publishing & Media Holdings Co and its competitors. This is 85% above median its historical median of 180.62. Over the past decade, China Publishing & Media Holdings Co's Days Payable has ranged from 158.84 to 211.41. According to the industry distribution chart, China Publishing & Media Holdings Co ranks #225 out of 915 companies in the Media - Diversified industry, placing it in the top 24.6%.
Is China Publishing & Media Holdings Co's Days Payable too high?
China Publishing & Media Holdings Co's current Days Payable of 333.43 is 85% above median its 10-year median of 180.62. Over the past 10 years, this metric has ranged from a low of 158.84 to a high of 211.41. The Media - Diversified industry median Days Payable is 83.18. China Publishing & Media Holdings Co's value of 333.43 is 300.9% above this industry median. Based on the distribution chart, China Publishing & Media Holdings Co ranks #225 out of 915 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, China Publishing & Media Holdings Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Publishing & Media Holdings Co's Days Payable compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, China Publishing & Media Holdings Co ranks #225 out of 915 companies for Days Payable. This places China Publishing & Media Holdings Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 83.18. China Publishing & Media Holdings Co's value of 333.43 is 300.9% above this benchmark. Historically, China Publishing & Media Holdings Co's own Days Payable has ranged from 158.84 to 211.41 over the past decade. While the company's 10-year median is 180.62 vs. the industry median of 83.18, China Publishing & Media Holdings 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 83.18, based on 915 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. China Publishing & Media Holdings Co's current Days Payable of 333.43 is 300.9% 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 China Publishing & Media Holdings Co and its competitors. For the Media - Diversified industry, the median Days Payable is 83.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Publishing & Media Holdings Co's current Days Payable is 333.43, which is 85% above median its own 10-year median of 180.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Publishing & Media Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Publishing & Media Holdings Co (SHSE:601949) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.29, compared to a current price of ¥4.86 — trading 22.7% below its estimated fair value. The current Days Payable is 333.43, which is 85% above median its 10-year median of 180.62 and 300.9% above the Media - Diversified industry median of 83.18. China Publishing & Media Holdings Co's overall GF Score™ is 73/100 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 China Publishing & Media Holdings Co (SHSE:601949), the current Days Payable is 333.43 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 China Publishing & Media Holdings Co (SHSE:601949) Overvalued in 2026?

Based on GuruFocus' analysis, China Publishing & Media Holdings Co stock appears to be undervalued. The current stock price of ¥4.86 is trading 22.7% below its estimated GF Value™ of ¥6.29. GuruFocus considers China Publishing & Media Holdings Co to be Modestly Undervalued.

Key valuation signals for SHSE:601949:

  • Days Payable: 333.43 (85% above median its 10-year median of 180.62)
  • GF Value™: ¥6.29 vs. price of ¥4.86 (22.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 300.9% above the Media - Diversified median (#225 of 915)

No single metric tells the full story. See the SHSE:601949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Publishing & Media Holdings Co Business Description

Address No. 55, Chaoyangmennei Street, Dongcheng District, Beijing, CHN, 100010
China Publishing & Media Holdings Co Ltd is a specialized and large-scale publishing group. The company's publishing business mainly includes book publishing, newspaper publishing, electronic audio and video publishing and related copyright business.
73GF Score

Get the complete analysis for SHSE:601949

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

¥4.86
Price
¥6.29
GF Value