TVZone Media Co (SHSE:603721) Days Payable: 156.24 (As of Mar. 2026) — 80% Above Median

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SHSE:603721 TVZone Media Co Ltd SHSE:603721
65 GF Score
Price ¥16.07
GF Value ¥28.70
Valuation Significantly Undervalued
! 2 Warning Signs
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What is TVZone Media Co Days Payable?

TVZone Media Co SHSE:603721 +5.24% 65 Days Payable is 156.24 as of Mar. 2026, which is 80% above its 10-year median of 87.00. GuruFocus rates SHSE:603721 with a GF Score™ of 65/100 and a GF Value™ of ¥28.70 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 912 Media - Diversified companies, TVZone Media Co ranks better than 61.95% on this metric.

TVZone Media Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥97.0 Mil. TVZone Media Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥56.7 Mil. Hence, TVZone Media Co's Days Payable for the three months ended in Mar. 2026 was 156.24.

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

SHSE:603721' s Days Payable Range Over the Past 10 Years
Min: 25.3   Med: 87   Max: 170.38
Current: 118.41

During the past 13 years, TVZone Media Co's highest Days Payable was 170.38. The lowest was 25.30. And the median was 87.00.

SHSE:603721's Days Payable is ranked better than
61.95% of 912 companies
in the Media - Diversified industry
Industry Median: 82.635 vs SHSE:603721: 118.41

TVZone Media Co's Days Payable declined from Mar. 2025 (306.85) to Mar. 2026 (156.24). It may suggest that TVZone Media Co accelerated paying its suppliers.


TVZone Media Co Days Payable Historical Data

* Premium members only.

The historical data trend for TVZone 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.

TVZone Media Co Days Payable Chart

TVZone Media 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 80.69 143.65 160.73 129.57 170.38

TVZone 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 306.85 92.18 204.05 93.11 156.24

SHSE:603721 vs NXST: Days Payable Comparison

For the Broadcasting subindustry, TVZone 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.


TVZone Media Co Days Payable vs Media - Diversified Industry

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

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


SHSE:603721
65GF Score
TVZone Media Co Ltd SHSE:603721
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TVZone 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.

TVZone 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
=( (132.337 + 107.876) / 2 ) / 257.295*365
=120.1065 / 257.295*365
=170.38

TVZone 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
=( (107.876 + 86.127) / 2 ) / 56.653*365 / 4
=97.0015 / 56.653*365 / 4
=156.24

* 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 156.24 mean?
TVZone Media Co (SHSE:603721) has a Days Payable of 156.24 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 TVZone Media Co and its competitors. This is 80% above median its historical median of 87.00. Over the past decade, TVZone Media Co's Days Payable has ranged from 25.30 to 170.38. According to the industry distribution chart, TVZone Media Co ranks #347 out of 912 companies in the Media - Diversified industry, placing it in the top 38%.
Is TVZone Media Co's Days Payable too high?
TVZone Media Co's current Days Payable of 156.24 is 80% above median its 10-year median of 87.00. Over the past 10 years, this metric has ranged from a low of 25.30 to a high of 170.38. The Media - Diversified industry median Days Payable is 82.64. TVZone Media Co's value of 156.24 is 89.1% above this industry median. Based on the distribution chart, TVZone Media Co ranks #347 out of 912 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, TVZone Media Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TVZone Media Co's Days Payable compare to NXST?
According to the Media - Diversified industry distribution chart, TVZone Media Co ranks #347 out of 912 companies for Days Payable. This puts TVZone Media Co in the upper half of its industry. The industry median Days Payable is 82.64. TVZone Media Co's value of 156.24 is 89.1% above this benchmark. Historically, TVZone Media Co's own Days Payable has ranged from 25.30 to 170.38 over the past decade. While the company's 10-year median is 87.00 vs. the industry median of 82.64, TVZone 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 82.64, based on 912 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. TVZone Media Co's current Days Payable of 156.24 is 89.1% 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 TVZone Media Co and its competitors. For the Media - Diversified industry, the median Days Payable is 82.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVZone Media Co's current Days Payable is 156.24, which is 80% above median its own 10-year median of 87.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVZone Media Co stock overvalued right now?
Based on GuruFocus' analysis, TVZone Media Co (SHSE:603721) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.70, compared to a current price of ¥16.07 — trading 44% below its estimated fair value. The current Days Payable is 156.24, which is 80% above median its 10-year median of 87.00 and 89.1% above the Media - Diversified industry median of 82.64. TVZone Media Co's overall GF Score™ is 65/100 with 2 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 TVZone Media Co (SHSE:603721), the current Days Payable is 156.24 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 TVZone Media Co (SHSE:603721) Overvalued in 2026?

Based on GuruFocus' analysis, TVZone Media Co stock appears to be undervalued. The current stock price of ¥16.07 is trading 44% below its estimated GF Value™ of ¥28.70. GuruFocus considers TVZone Media Co to be Significantly Undervalued.

Key valuation signals for SHSE:603721:

  • Days Payable: 156.24 (80% above median its 10-year median of 87.00)
  • GF Value™: ¥28.70 vs. price of ¥16.07 (44% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 89.1% above the Media - Diversified median (#347 of 912)

No single metric tells the full story. See the SHSE:603721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVZone Media Co Business Description

Address No. 188, Furong Middle Road, New Century Sports Culture Center Tennis Club 101, Tianxin District, Hunan Province, Changsha, CHN, 410005
TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights.
65GF Score

Get the complete analysis for SHSE:603721

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

¥16.07
Price
¥28.70
GF Value