Hengdian Entertainment Co (SHSE:603103) Days Payable: 43.58 (As of Mar. 2026) — 10% Below Median

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SHSE:603103 Hengdian Entertainment Co Ltd SHSE:603103
73 GF Score
Price ¥13.30
GF Value ¥14.78
Valuation Fairly Valued
! 5 Warning Signs
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What is Hengdian Entertainment Co Days Payable?

Hengdian Entertainment Co SHSE:603103 -1.34% 73 Days Payable is 43.58 as of Mar. 2026, which is 10% below its 10-year median of 48.66. GuruFocus rates SHSE:603103 with a GF Score™ of 73/100 and a GF Value™ of ¥14.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 911 Media - Diversified companies, Hengdian Entertainment Co ranks worse than 64.43% on this metric.

Hengdian Entertainment Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥237 Mil. Hengdian Entertainment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥497 Mil. Hence, Hengdian Entertainment Co's Days Payable for the three months ended in Mar. 2026 was 43.58.

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

SHSE:603103' s Days Payable Range Over the Past 10 Years
Min: 40.8   Med: 48.66   Max: 77.87
Current: 51.59

During the past 13 years, Hengdian Entertainment Co's highest Days Payable was 77.87. The lowest was 40.80. And the median was 48.66.

SHSE:603103's Days Payable is ranked worse than
64.43% of 911 companies
in the Media - Diversified industry
Industry Median: 82.61 vs SHSE:603103: 51.59

Hengdian Entertainment Co's Days Payable increased from Mar. 2025 (31.47) to Mar. 2026 (43.58). It may suggest that Hengdian Entertainment Co delayed paying its suppliers.


Hengdian Entertainment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hengdian Entertainment 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.

Hengdian Entertainment Co Days Payable Chart

Hengdian Entertainment 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 42.50 60.64 53.68 51.43 40.80

Hengdian Entertainment 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 31.47 74.59 42.99 45.89 43.58

SHSE:603103 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, Hengdian Entertainment 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.


Hengdian Entertainment Co Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where Hengdian Entertainment Co's Days Payable falls into.


SHSE:603103
73GF Score
Hengdian Entertainment Co Ltd SHSE:603103
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengdian Entertainment 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.

Hengdian Entertainment 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
=( (240.889 + 196.609) / 2 ) / 1956.718*365
=218.749 / 1956.718*365
=40.80

Hengdian Entertainment 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
=( (196.609 + 277.707) / 2 ) / 496.557*365 / 4
=237.158 / 496.557*365 / 4
=43.58

* 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 43.58 mean?
Hengdian Entertainment Co (SHSE:603103) has a Days Payable of 43.58 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 Hengdian Entertainment Co and its competitors. This is 10% below median its historical median of 48.66. Over the past decade, Hengdian Entertainment Co's Days Payable has ranged from 40.80 to 77.87. According to the industry distribution chart, Hengdian Entertainment Co ranks #587 out of 911 companies in the Media - Diversified industry, placing it in the top 64.4%.
Is Hengdian Entertainment Co's Days Payable too high?
Hengdian Entertainment Co's current Days Payable of 43.58 is 10% below median its 10-year median of 48.66. Over the past 10 years, this metric has ranged from a low of 40.80 to a high of 77.87. The Media - Diversified industry median Days Payable is 82.61. Hengdian Entertainment Co's value of 43.58 is 47.2% below this industry median. Based on the distribution chart, Hengdian Entertainment Co ranks #587 out of 911 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Hengdian Entertainment Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hengdian Entertainment Co's Days Payable compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Hengdian Entertainment Co ranks #587 out of 911 companies for Days Payable. This places Hengdian Entertainment Co in the lower half of its industry. The industry median Days Payable is 82.61. Hengdian Entertainment Co's value of 43.58 is 47.2% below this benchmark. Historically, Hengdian Entertainment Co's own Days Payable has ranged from 40.80 to 77.87 over the past decade. While the company's 10-year median is 48.66 vs. the industry median of 82.61, Hengdian Entertainment 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 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. Hengdian Entertainment Co's current Days Payable of 43.58 is 47.2% 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 Hengdian Entertainment 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. Hengdian Entertainment Co's current Days Payable is 43.58, which is 10% below median its own 10-year median of 48.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengdian Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Hengdian Entertainment Co (SHSE:603103) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.78, compared to a current price of ¥13.30 — trading 10% below its estimated fair value. The current Days Payable is 43.58, which is 10% below median its 10-year median of 48.66 and 47.2% below the Media - Diversified industry median of 82.61. Hengdian Entertainment 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 Hengdian Entertainment Co (SHSE:603103), the current Days Payable is 43.58 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 Hengdian Entertainment Co (SHSE:603103) Overvalued in 2026?

Based on GuruFocus' analysis, Hengdian Entertainment Co stock appears to be undervalued. The current stock price of ¥13.30 is trading 10% below its estimated GF Value™ of ¥14.78. GuruFocus considers Hengdian Entertainment Co to be Fairly Valued.

Key valuation signals for SHSE:603103:

  • Days Payable: 43.58 (10% below median its 10-year median of 48.66)
  • GF Value™: ¥14.78 vs. price of ¥13.30 (10% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 47.2% below the Media - Diversified median (#587 of 911)

No single metric tells the full story. See the SHSE:603103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengdian Entertainment Co Business Description

Address Hengdian Film and Television Industry Experimental Zone, Business Building, Hengdian Town, Zhejiang Province, Dongyang, CHN, 322118
Hengdian Entertainment Co Ltd operates as a film production company. It offers film production, film marketing and other services. The activities are carried out through the region of China.
73GF Score

Get the complete analysis for SHSE:603103

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

¥13.30
Price
¥14.78
GF Value