G-bits Network Technology (Xiamen) Co (SHSE:603444) Days Payable: 232.10 (As of Mar. 2026) — 25% Above Median

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SHSE:603444 G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
93 GF Score
Price ¥385.01
GF Value ¥409.96
Valuation Fairly Valued
! 1 Warning Sign
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What is G-bits Network Technology (Xiamen) Co Days Payable?

G-bits Network Technology (Xiamen) Co SHSE:603444 -1.11% 93 Days Payable is 232.10 as of Mar. 2026, which is 25% above its 10-year median of 185.93. GuruFocus rates SHSE:603444 with a GF Score™ of 93/100 and a GF Value™ of ¥409.96 (Fairly Valued). The stock has 1 warning sign investors should review. Among 430 Interactive Media companies, G-bits Network Technology (Xiamen) Co ranks better than 78.6% on this metric.

G-bits Network Technology (Xiamen) Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥293 Mil. G-bits Network Technology (Xiamen) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥115 Mil. Hence, G-bits Network Technology (Xiamen) Co's Days Payable for the three months ended in Mar. 2026 was 232.10.

The historical rank and industry rank for G-bits Network Technology (Xiamen) Co's Days Payable or its related term are showing as below:

SHSE:603444' s Days Payable Range Over the Past 10 Years
Min: 106.36   Med: 185.93   Max: 663.66
Current: 244.01

During the past 13 years, G-bits Network Technology (Xiamen) Co's highest Days Payable was 663.66. The lowest was 106.36. And the median was 185.93.

SHSE:603444's Days Payable is ranked better than
78.6% of 430 companies
in the Interactive Media industry
Industry Median: 64.365 vs SHSE:603444: 244.01

G-bits Network Technology (Xiamen) Co's Days Payable increased from Mar. 2025 (154.60) to Mar. 2026 (232.10). It may suggest that G-bits Network Technology (Xiamen) Co delayed paying its suppliers.


G-bits Network Technology (Xiamen) Co Days Payable Related Terms


G-bits Network Technology (Xiamen) Co Days Payable Historical Data

* Premium members only.

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Days Payable Chart

G-bits Network Technology (Xiamen) 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 106.36 176.47 179.12 146.21 207.24

G-bits Network Technology (Xiamen) 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 154.60 256.49 230.64 273.91 232.10

SHSE:603444 vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's Days Payable falls into.


SHSE:603444
93GF Score
G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) 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
=( (170.472 + 259.22) / 2 ) / 378.398*365
=214.846 / 378.398*365
=207.24

G-bits Network Technology (Xiamen) 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
=( (259.22 + 326.585) / 2 ) / 115.153*365 / 4
=292.9025 / 115.153*365 / 4
=232.10

* 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 232.10 mean?
G-bits Network Technology (Xiamen) Co (SHSE:603444) has a Days Payable of 232.10 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 G-bits Network Technology (Xiamen) Co and its competitors. This is 25% above median its historical median of 185.93. Over the past decade, G-bits Network Technology (Xiamen) Co's Days Payable has ranged from 106.36 to 663.66. According to the industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #92 out of 430 companies in the Interactive Media industry, placing it in the top 21.4%.
Is G-bits Network Technology (Xiamen) Co's Days Payable too high?
G-bits Network Technology (Xiamen) Co's current Days Payable of 232.10 is 25% above median its 10-year median of 185.93. Over the past 10 years, this metric has ranged from a low of 106.36 to a high of 663.66. The Interactive Media industry median Days Payable is 64.37. G-bits Network Technology (Xiamen) Co's value of 232.10 is 260.6% above this industry median. Based on the distribution chart, G-bits Network Technology (Xiamen) Co ranks #92 out of 430 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, G-bits Network Technology (Xiamen) Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G-bits Network Technology (Xiamen) Co's Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #92 out of 430 companies for Days Payable. This places G-bits Network Technology (Xiamen) Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.37. G-bits Network Technology (Xiamen) Co's value of 232.10 is 260.6% above this benchmark. Historically, G-bits Network Technology (Xiamen) Co's own Days Payable has ranged from 106.36 to 663.66 over the past decade. While the company's 10-year median is 185.93 vs. the industry median of 64.37, G-bits Network Technology (Xiamen) 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 64.37, based on 430 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. G-bits Network Technology (Xiamen) Co's current Days Payable of 232.10 is 260.6% 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 G-bits Network Technology (Xiamen) Co and its competitors. For the Interactive Media industry, the median Days Payable is 64.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-bits Network Technology (Xiamen) Co's current Days Payable is 232.10, which is 25% above median its own 10-year median of 185.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-bits Network Technology (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co (SHSE:603444) is currently considered Fairly Valued. The stock's GF Value™ is ¥409.96, compared to a current price of ¥385.01 — trading 6.1% below its estimated fair value. The current Days Payable is 232.10, which is 25% above median its 10-year median of 185.93 and 260.6% above the Interactive Media industry median of 64.37. G-bits Network Technology (Xiamen) Co's overall GF Score™ is 93/100 with 1 warning sign 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 G-bits Network Technology (Xiamen) Co (SHSE:603444), the current Days Payable is 232.10 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 G-bits Network Technology (Xiamen) Co (SHSE:603444) Overvalued in 2026?

Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co stock appears to be undervalued. The current stock price of ¥385.01 is trading 6.1% below its estimated GF Value™ of ¥409.96. GuruFocus considers G-bits Network Technology (Xiamen) Co to be Fairly Valued.

Key valuation signals for SHSE:603444:

  • Days Payable: 232.10 (25% above median its 10-year median of 185.93)
  • GF Value™: ¥409.96 vs. price of ¥385.01 (6.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 260.6% above the Interactive Media median (#92 of 430)

No single metric tells the full story. See the SHSE:603444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G-bits Network Technology (Xiamen) Co Business Description

Address Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
93GF Score

Get the complete analysis for SHSE:603444

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

¥385.01
Price
¥409.96
GF Value