Qingci Games (STU:Z56) Days Payable: 44.12 (As of Dec. 2025) — Near Median


STU:Z56 Qingci Games Inc STU:Z56
72 GF Score
Price €0.18
GF Value €0.21
! 5 Warning Signs
View Full Analysis

What is Qingci Games Days Payable?

Qingci Games STU:Z56 -33.21% 72 Days Payable is 44.12 as of Dec. 2025, which is 2% below its 10-year median of 45.14. GuruFocus rates STU:Z56 with a GF Score™ of 72/100 and a GF Value™ of €0.21. The stock has 5 warning signs investors should review. Among 429 Interactive Media companies, Qingci Games ranks worse than 60.14% on this metric.

Qingci Games's average Accounts Payable for the six months ended in Dec. 2025 was €2.98 Mil. Qingci Games's Cost of Goods Sold for the six months ended in Dec. 2025 was €12.34 Mil. Hence, Qingci Games's Days Payable for the six months ended in Dec. 2025 was 44.12.

The historical rank and industry rank for Qingci Games's Days Payable or its related term are showing as below:

STU:Z56' s Days Payable Range Over the Past 10 Years
Min: 9.7   Med: 45.14   Max: 72.81
Current: 46.05

During the past 8 years, Qingci Games's highest Days Payable was 72.81. The lowest was 9.70. And the median was 45.14.

STU:Z56's Days Payable is ranked worse than
60.14% of 429 companies
in the Interactive Media industry
Industry Median: 65.69 vs STU:Z56: 46.05

Qingci Games's Days Payable declined from Dec. 2024 (51.35) to Dec. 2025 (44.12). It may suggest that Qingci Games accelerated paying its suppliers.


Qingci Games Days Payable Historical Data

* Premium members only.

The historical data trend for Qingci Games'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.

Qingci Games Days Payable Chart

Qingci Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 11.08 14.00 46.80 70.36 46.38

Qingci Games Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 50.13 90.86 51.35 53.34 44.12

STU:Z56 vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.


Qingci Games Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qingci Games's Days Payable distribution charts can be found below:

* The bar in red indicates where Qingci Games's Days Payable falls into.


STU:Z56
72GF Score
Qingci Games Inc STU:Z56
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qingci Games 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.

Qingci Games'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
=( (3.301 + 2.701) / 2 ) / 23.619*365
=3.001 / 23.619*365
=46.38

Qingci Games's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (3.265 + 2.701) / 2 ) / 12.338*365 / 2
=2.983 / 12.338*365 / 2
=44.12

* 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 44.12 mean?
Qingci Games (STU:Z56) has a Days Payable of 44.12 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Qingci Games and its competitors. This is near median its historical median of 45.14. Over the past decade, Qingci Games' Days Payable has ranged from 9.70 to 72.81. According to the industry distribution chart, Qingci Games ranks #258 out of 429 companies in the Interactive Media industry, placing it in the top 60.1%.
Is Qingci Games' Days Payable too high?
Qingci Games' current Days Payable of 44.12 is near median its 10-year median of 45.14. Over the past 10 years, this metric has ranged from a low of 9.70 to a high of 72.81. The Interactive Media industry median Days Payable is 65.69. Qingci Games' value of 44.12 is 32.8% below this industry median. Based on the distribution chart, Qingci Games ranks #258 out of 429 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Qingci Games has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Qingci Games' Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, Qingci Games ranks #258 out of 429 companies for Days Payable. This places Qingci Games in the lower half of its industry. The industry median Days Payable is 65.69. Qingci Games' value of 44.12 is 32.8% below this benchmark. Historically, Qingci Games' own Days Payable has ranged from 9.70 to 72.81 over the past decade. While the company's 10-year median is 45.14 vs. the industry median of 65.69, Qingci Games 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.69, based on 429 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. Qingci Games's current Days Payable of 44.12 is 32.8% 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 Qingci Games and its competitors. For the Interactive Media industry, the median Days Payable is 65.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingci Games's current Days Payable is 44.12, which is near median its own 10-year median of 45.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingci Games stock overvalued right now?
Qingci Games (STU:Z56) has a current Days Payable of 44.12. The stock's GF Value™ is €0.21, compared to a current price of €0.18 — trading 14.8% below its estimated fair value. The current Days Payable is 44.12, which is near median its 10-year median of 45.14 and 32.8% below the Interactive Media industry median of 65.69. Qingci Games' overall GF Score™ is 72/100 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 Qingci Games (STU:Z56), the current Days Payable is 44.12 as of Dec. 2025. 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 Qingci Games (STU:Z56) Overvalued in 2026?

Based on GuruFocus' analysis, Qingci Games stock appears to be undervalued. The current stock price of €0.18 is trading 14.8% below its estimated GF Value™ of €0.21.

Key valuation signals for STU:Z56:

  • Days Payable: 44.12 (near median its 10-year median of 45.14)
  • GF Value™: €0.21 vs. price of €0.18 (14.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 32.8% below the Interactive Media median (#258 of 429)

No single metric tells the full story. See the STU:Z56 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingci Games Business Description

Other Exchanges 06633:Hong Kong
Address 4 Wang Hai Road, 5th Floor, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008
Qingci Games Inc is an integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
72GF Score

Get the complete analysis for STU:Z56

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

€0.18
Price
€0.21
GF Value