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Minmetals Development Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥10,069 Mil.
Minmetals Development Co's quarterly Accounts Payable
declined
from Sep. 2025 (¥11,090 Mil) to Dec. 2025 (¥9,912 Mil) but then
increased
from Dec. 2025 (¥9,912 Mil) to Mar. 2026 (¥10,069 Mil).
Minmetals Development Co's annual Accounts Payable
increased
from Dec. 2023 (¥9,136 Mil) to Dec. 2024 (¥10,549 Mil) but then
declined
from Dec. 2024 (¥10,549 Mil) to Dec. 2025 (¥9,912 Mil).
Minmetals Development Co Accounts Payable Related Terms
Minmetals Development Co Accounts Payable Historical Data
* 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.
Minmetals Development Co Accounts Payable Calculation
Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.
Minmetals Development Co (SHSE:600058) has a Accounts Payable of ¥10,069 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Minmetals Development Co and its competitors.
Is Minmetals Development Co's Accounts Payable too high?
Minmetals Development Co's current Accounts Payable is ¥10,069 Mil. Overall, Minmetals Development Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minmetals Development Co's Accounts Payable compare to NUE and STLD?
Minmetals Development Co's Accounts Payable of ¥10,069 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Steel company?
A good Accounts Payable depends on the Steel industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Minmetals Development Co and its competitors. Minmetals Development Co's current Accounts Payable is ¥10,069 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minmetals Development Co stock overvalued right now?
Based on GuruFocus' analysis, Minmetals Development Co (SHSE:600058) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥8.22 — trading 50.8% above its estimated fair value. The current Accounts Payable is ¥10,069 Mil. Minmetals Development Co's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Minmetals Development Co (SHSE:600058), the current Accounts Payable is ¥10,069 Mil 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 Minmetals Development Co (SHSE:600058) Overvalued in 2026?
Based on GuruFocus' analysis, Minmetals Development Co stock appears to be overvalued.
The current stock price of ¥8.22 is trading 50.8% above its estimated GF Value™ of ¥5.45.
GuruFocus considers Minmetals Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:600058:
Accounts Payable: ¥10,069 Mil
GF Value™: ¥5.45 vs. price of ¥8.22 (50.8% above fair value)
No single metric tells the full story. See the SHSE:600058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
56GF Score
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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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