Eastern Communications Co (SHSE:900941) Days Payable: 77.92 (As of Mar. 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:900941 Eastern Communications Co Ltd SHSE:900941
45 GF Score
Price $0.47
GF Value $0.37
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Eastern Communications Co Days Payable?

Eastern Communications Co SHSE:900941 +1.30% 45 Days Payable is 77.92 as of Mar. 2026, which is 40% above its 10-year median of 55.76. GuruFocus rates SHSE:900941 with a GF Score™ of 45/100 and a GF Value™ of $0.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Eastern Communications Co ranks worse than 60.92% on this metric.

Eastern Communications Co's average Accounts Payable for the three months ended in Mar. 2026 was $59.8 Mil. Eastern Communications Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $70.0 Mil. Hence, Eastern Communications Co's Days Payable for the three months ended in Mar. 2026 was 77.92.

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

SHSE:900941' s Days Payable Range Over the Past 10 Years
Min: 38.14   Med: 55.76   Max: 79.17
Current: 57.64

During the past 13 years, Eastern Communications Co's highest Days Payable was 79.17. The lowest was 38.14. And the median was 55.76.

SHSE:900941's Days Payable is ranked worse than
60.92% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:900941: 57.64

Eastern Communications Co's Days Payable increased from Mar. 2025 (66.25) to Mar. 2026 (77.92). It may suggest that Eastern Communications Co delayed paying its suppliers.


Eastern Communications Co Days Payable Historical Data

* Premium members only.

The historical data trend for Eastern Communications 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.

Eastern Communications Co Days Payable Chart

Eastern Communications 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 49.03 44.32 41.65 38.49 58.40

Eastern Communications 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 66.25 59.05 61.12 44.82 77.92

SHSE:900941 vs CSCO, MSI, HPE: Days Payable Comparison

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Eastern Communications Co's Days Payable falls into.


SHSE:900941
45GF Score
Eastern Communications Co Ltd SHSE:900941
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Communications 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.

Eastern Communications 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
=( (40.672 + 61.726) / 2 ) / 319.998*365
=51.199 / 319.998*365
=58.40

Eastern Communications 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
=( (61.726 + 57.883) / 2 ) / 70.039*365 / 4
=59.8045 / 70.039*365 / 4
=77.92

* 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 77.92 mean?
Eastern Communications Co (SHSE:900941) has a Days Payable of 77.92 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 Eastern Communications Co and its competitors. This is 40% above median its historical median of 55.76. Over the past decade, Eastern Communications Co's Days Payable has ranged from 38.14 to 79.17. According to the industry distribution chart, Eastern Communications Co ranks #1487 out of 2441 companies in the Hardware industry, placing it in the top 60.9%.
Is Eastern Communications Co's Days Payable too high?
Eastern Communications Co's current Days Payable of 77.92 is 40% above median its 10-year median of 55.76. Over the past 10 years, this metric has ranged from a low of 38.14 to a high of 79.17. The Hardware industry median Days Payable is 69.89. Eastern Communications Co's value of 77.92 is 11.5% above this industry median. Based on the distribution chart, Eastern Communications Co ranks #1487 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Eastern Communications Co has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Communications Co's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Eastern Communications Co ranks #1487 out of 2441 companies for Days Payable. This places Eastern Communications Co in the lower half of its industry. The industry median Days Payable is 69.89. Eastern Communications Co's value of 77.92 is 11.5% above this benchmark. Historically, Eastern Communications Co's own Days Payable has ranged from 38.14 to 79.17 over the past decade. While the company's 10-year median is 55.76 vs. the industry median of 69.89, Eastern Communications 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. Eastern Communications Co's current Days Payable of 77.92 is 11.5% 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 Eastern Communications Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Communications Co's current Days Payable is 77.92, which is 40% above median its own 10-year median of 55.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Eastern Communications Co (SHSE:900941) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.37, compared to a current price of $0.47 — trading 26.2% above its estimated fair value. The current Days Payable is 77.92, which is 40% above median its 10-year median of 55.76 and 11.5% above the Hardware industry median of 69.89. Eastern Communications Co's overall GF Score™ is 45/100 with 4 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 Eastern Communications Co (SHSE:900941), the current Days Payable is 77.92 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 Eastern Communications Co (SHSE:900941) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Communications Co stock appears to be overvalued. The current stock price of $0.47 is trading 26.2% above its estimated GF Value™ of $0.37. GuruFocus considers Eastern Communications Co to be Modestly Overvalued.

Key valuation signals for SHSE:900941:

  • Days Payable: 77.92 (40% above median its 10-year median of 55.76)
  • GF Value™: $0.37 vs. price of $0.47 (26.2% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 11.5% above the Hardware median (#1487 of 2441)

No single metric tells the full story. See the SHSE:900941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eastern Communications Co Business Description

Other Exchanges 600776:China
Address No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.
45GF Score

Get the complete analysis for SHSE:900941

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

$0.47
Price
$0.37
GF Value