China Television Co (TPE:9928) Days Payable: 28.36 (As of Dec. 2025) — 34% Below Median


TPE:9928 China Television Co TPE:9928
64 GF Score
Price NT$18.70
GF Value NT$15.65
Valuation Modestly Overvalued
! 6 Warning Signs
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What is China Television Co Days Payable?

China Television Co TPE:9928 64 Days Payable is 28.36 as of Dec. 2025, which is 34% below its 10-year median of 42.94. GuruFocus rates TPE:9928 with a GF Score™ of 64/100 and a GF Value™ of NT$15.65 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 912 Media - Diversified companies, China Television Co ranks worse than 74.34% on this metric.

China Television Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$88.2 Mil. China Television Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$283.7 Mil. Hence, China Television Co's Days Payable for the three months ended in Dec. 2025 was 28.36.

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

TPE:9928' s Days Payable Range Over the Past 10 Years
Min: 35.34   Med: 42.94   Max: 48.07
Current: 35.34

During the past 13 years, China Television Co's highest Days Payable was 48.07. The lowest was 35.34. And the median was 42.94.

TPE:9928's Days Payable is ranked worse than
74.34% of 912 companies
in the Media - Diversified industry
Industry Median: 83.895 vs TPE:9928: 35.34

China Television Co's Days Payable declined from Dec. 2024 (34.83) to Dec. 2025 (28.36). It may suggest that China Television Co accelerated paying its suppliers.


China Television Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Television 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.

China Television Co Days Payable Chart

China Television 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 36.50 41.93 43.41 48.07 43.94

China Television Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.83 39.59 38.13 28.72 28.36

TPE:9928 vs NXST: Days Payable Comparison

For the Broadcasting subindustry, China Television 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.


China Television Co Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where China Television Co's Days Payable falls into.


TPE:9928
64GF Score
China Television Co TPE:9928
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Television 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.

China Television 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
=( (92.817 + 116.216) / 2 ) / 868.27*365
=104.5165 / 868.27*365
=43.94

China Television Co'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (60.09 + 116.216) / 2 ) / 283.677*365 / 4
=88.153 / 283.677*365 / 4
=28.36

* 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 28.36 mean?
China Television Co (TPE:9928) has a Days Payable of 28.36 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 China Television Co and its competitors. This is 34% below median its historical median of 42.94. Over the past decade, China Television Co's Days Payable has ranged from 35.34 to 48.07. According to the industry distribution chart, China Television Co ranks #678 out of 912 companies in the Media - Diversified industry, placing it in the top 74.3%.
Is China Television Co's Days Payable too high?
China Television Co's current Days Payable of 28.36 is 34% below median its 10-year median of 42.94. Over the past 10 years, this metric has ranged from a low of 35.34 to a high of 48.07. The Media - Diversified industry median Days Payable is 83.90. China Television Co's value of 28.36 is 66.2% below this industry median. Based on the distribution chart, China Television Co ranks #678 out of 912 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, China Television Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Television Co's Days Payable compare to NXST?
According to the Media - Diversified industry distribution chart, China Television Co ranks #678 out of 912 companies for Days Payable. This places China Television Co in the lower half of its industry. The industry median Days Payable is 83.90. China Television Co's value of 28.36 is 66.2% below this benchmark. Historically, China Television Co's own Days Payable has ranged from 35.34 to 48.07 over the past decade. While the company's 10-year median is 42.94 vs. the industry median of 83.90, China Television Co 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 a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.90, 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. China Television Co's current Days Payable of 28.36 is 66.2% 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 China Television Co and its competitors. For the Media - Diversified industry, the median Days Payable is 83.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Television Co's current Days Payable is 28.36, which is 34% below median its own 10-year median of 42.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Television Co stock overvalued right now?
Based on GuruFocus' analysis, China Television Co (TPE:9928) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.65, compared to a current price of NT$18.70 — trading 19.5% above its estimated fair value. The current Days Payable is 28.36, which is 34% below median its 10-year median of 42.94 and 66.2% below the Media - Diversified industry median of 83.90. China Television Co's overall GF Score™ is 64/100 with 6 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 China Television Co (TPE:9928), the current Days Payable is 28.36 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 China Television Co (TPE:9928) Overvalued in 2026?

Based on GuruFocus' analysis, China Television Co stock appears to be overvalued. The current stock price of NT$18.70 is trading 19.5% above its estimated GF Value™ of NT$15.65. GuruFocus considers China Television Co to be Modestly Overvalued.

Key valuation signals for TPE:9928:

  • Days Payable: 28.36 (34% below median its 10-year median of 42.94)
  • GF Value™: NT$15.65 vs. price of NT$18.70 (19.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 66.2% below the Media - Diversified median (#678 of 912)

No single metric tells the full story. See the TPE:9928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Television Co Business Description

Address No. 118, Chongyang Road, Nangang District, Taipei, TWN
China Television Co mainly engage in the production, broadcasting, and distribution of television programs, production and broadcasting of television advertisements, as well as retransmission and supply of international television programs. Its segments are Program Sales Segment, Advertising Segment, Other Segments. The company generates majority of revenue from Advertising Segment. It has presence in Taiwan, Asia, and Other countries. The company has presence in Taiwan.
64GF Score

Get the complete analysis for TPE:9928

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

NT$18.70
Price
NT$15.65
GF Value