ZhongTongGuoMai Communication Co (SHSE:603559) Days Payable: 220.41 (As of Mar. 2026) — Near Median

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SHSE:603559 ZhongTongGuoMai Communication Co Ltd SHSE:603559
41 GF Score
Price ¥8.49
GF Value ¥4.10
Valuation Significantly Overvalued
! 1 Warning Sign
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What is ZhongTongGuoMai Communication Co Days Payable?

ZhongTongGuoMai Communication Co SHSE:603559 -2.64% 41 Days Payable is 220.41 as of Mar. 2026, which is 8% below its 10-year median of 240.32. GuruFocus rates SHSE:603559 with a GF Score™ of 41/100 and a GF Value™ of ¥4.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,611 Software companies, ZhongTongGuoMai Communication Co ranks better than 73.31% on this metric.

ZhongTongGuoMai Communication Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥234.1 Mil. ZhongTongGuoMai Communication Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥96.9 Mil. Hence, ZhongTongGuoMai Communication Co's Days Payable for the three months ended in Mar. 2026 was 220.41.

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

SHSE:603559' s Days Payable Range Over the Past 10 Years
Min: 117.13   Med: 240.32   Max: 462.05
Current: 122.2

During the past 13 years, ZhongTongGuoMai Communication Co's highest Days Payable was 462.05. The lowest was 117.13. And the median was 240.32.

SHSE:603559's Days Payable is ranked better than
73.31% of 2611 companies
in the Software industry
Industry Median: 52.64 vs SHSE:603559: 122.20

ZhongTongGuoMai Communication Co's Days Payable increased from Mar. 2025 (184.89) to Mar. 2026 (220.41). It may suggest that ZhongTongGuoMai Communication Co delayed paying its suppliers.


ZhongTongGuoMai Communication Co Days Payable Related Terms


ZhongTongGuoMai Communication Co Days Payable Historical Data

* Premium members only.

The historical data trend for ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication Co Days Payable Chart

ZhongTongGuoMai Communication 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 260.53 329.25 462.05 277.62 181.83

ZhongTongGuoMai Communication 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 184.89 87.26 42.89 127.94 220.41

SHSE:603559 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, ZhongTongGuoMai Communication 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.


ZhongTongGuoMai Communication Co Days Payable vs Software Industry

For the Software industry and Technology sector, ZhongTongGuoMai Communication Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ZhongTongGuoMai Communication Co's Days Payable falls into.


SHSE:603559
41GF Score
ZhongTongGuoMai Communication Co Ltd SHSE:603559
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication 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
=( (153.252 + 243.501) / 2 ) / 398.209*365
=198.3765 / 398.209*365
=181.83

ZhongTongGuoMai Communication 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
=( (243.501 + 224.676) / 2 ) / 96.911*365 / 4
=234.0885 / 96.911*365 / 4
=220.41

* 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 220.41 mean?
ZhongTongGuoMai Communication Co (SHSE:603559) has a Days Payable of 220.41 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 ZhongTongGuoMai Communication Co and its competitors. This is near median its historical median of 240.32. Over the past decade, ZhongTongGuoMai Communication Co's Days Payable has ranged from 117.13 to 462.05. According to the industry distribution chart, ZhongTongGuoMai Communication Co ranks #697 out of 2611 companies in the Software industry, placing it in the top 26.7%.
Is ZhongTongGuoMai Communication Co's Days Payable too high?
ZhongTongGuoMai Communication Co's current Days Payable of 220.41 is near median its 10-year median of 240.32. Over the past 10 years, this metric has ranged from a low of 117.13 to a high of 462.05. The Software industry median Days Payable is 52.64. ZhongTongGuoMai Communication Co's value of 220.41 is 318.7% above this industry median. Based on the distribution chart, ZhongTongGuoMai Communication Co ranks #697 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, ZhongTongGuoMai Communication Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZhongTongGuoMai Communication Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, ZhongTongGuoMai Communication Co ranks #697 out of 2611 companies for Days Payable. This puts ZhongTongGuoMai Communication Co in the upper half of its industry. The industry median Days Payable is 52.64. ZhongTongGuoMai Communication Co's value of 220.41 is 318.7% above this benchmark. Historically, ZhongTongGuoMai Communication Co's own Days Payable has ranged from 117.13 to 462.05 over the past decade. While the company's 10-year median is 240.32 vs. the industry median of 52.64, ZhongTongGuoMai Communication 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 Software company?
The median Days Payable among Software companies is 52.64, based on 2,611 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. ZhongTongGuoMai Communication Co's current Days Payable of 220.41 is 318.7% 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 ZhongTongGuoMai Communication Co and its competitors. For the Software industry, the median Days Payable is 52.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZhongTongGuoMai Communication Co's current Days Payable is 220.41, which is near median its own 10-year median of 240.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZhongTongGuoMai Communication Co stock overvalued right now?
Based on GuruFocus' analysis, ZhongTongGuoMai Communication Co (SHSE:603559) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.10, compared to a current price of ¥8.49 — trading 107.1% above its estimated fair value. The current Days Payable is 220.41, which is near median its 10-year median of 240.32 and 318.7% above the Software industry median of 52.64. ZhongTongGuoMai Communication Co's overall GF Score™ is 41/100 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 ZhongTongGuoMai Communication Co (SHSE:603559), the current Days Payable is 220.41 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 ZhongTongGuoMai Communication Co (SHSE:603559) Overvalued in 2026?

Based on GuruFocus' analysis, ZhongTongGuoMai Communication Co stock appears to be overvalued. The current stock price of ¥8.49 is trading 107.1% above its estimated GF Value™ of ¥4.10. GuruFocus considers ZhongTongGuoMai Communication Co to be Significantly Overvalued.

Key valuation signals for SHSE:603559:

  • Days Payable: 220.41 (near median its 10-year median of 240.32)
  • GF Value™: ¥4.10 vs. price of ¥8.49 (107.1% above fair value)
  • GF Score™: 41/100 with 1 warning sign
  • Industry Position: 318.7% above the Software median (#697 of 2611)

No single metric tells the full story. See the SHSE:603559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZhongTongGuoMai Communication Co Business Description

Address No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012
ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.
41GF Score

Get the complete analysis for SHSE:603559

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

¥8.49
Price
¥4.10
GF Value