AFBOF (African Rainbow Minerals) Days Payable: 36.27 (As of Dec. 2025) — 24% Above Median


AFBOF African Rainbow Minerals Ltd AFBOF
82 GF Score
Price $11.07
GF Value $12.88
Valuation Modestly Undervalued
! 6 Warning Signs
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What is African Rainbow Minerals Days Payable?

African Rainbow Minerals AFBOF 82 Days Payable is 36.27 as of Dec. 2025, which is 24% above its 10-year median of 29.34. GuruFocus rates AFBOF with a GF Score™ of 82/100 and a GF Value™ of $12.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,064 Metals & Mining companies, African Rainbow Minerals ranks worse than 79.42% on this metric.

African Rainbow Minerals's average Accounts Payable for the six months ended in Dec. 2025 was $61.8 Mil. African Rainbow Minerals's Cost of Goods Sold for the six months ended in Dec. 2025 was $311.1 Mil. Hence, African Rainbow Minerals's Days Payable for the six months ended in Dec. 2025 was 36.27.

The historical rank and industry rank for African Rainbow Minerals's Days Payable or its related term are showing as below:

AFBOF' s Days Payable Range Over the Past 10 Years
Min: 24.46   Med: 29.34   Max: 52.91
Current: 40.54

During the past 13 years, African Rainbow Minerals's highest Days Payable was 52.91. The lowest was 24.46. And the median was 29.34.

AFBOF's Days Payable is ranked worse than
79.42% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs AFBOF: 40.54

African Rainbow Minerals's Days Payable declined from Dec. 2024 (54.18) to Dec. 2025 (36.27). It may suggest that African Rainbow Minerals accelerated paying its suppliers.


African Rainbow Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for African Rainbow Minerals'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.

African Rainbow Minerals Days Payable Chart

African Rainbow Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.02 29.32 32.79 45.56 39.11

African Rainbow Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.81 59.56 54.18 35.52 36.27

African Rainbow Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Days Payable distribution charts can be found below:

* The bar in red indicates where African Rainbow Minerals's Days Payable falls into.


AFBOF
82GF Score
African Rainbow Minerals Ltd AFBOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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African Rainbow Minerals 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.

African Rainbow Minerals's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (100.33 + 42.2) / 2 ) / 665.046*365
=71.265 / 665.046*365
=39.11

African Rainbow Minerals'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
=( (42.2 + 81.449) / 2 ) / 311.121*365 / 2
=61.8245 / 311.121*365 / 2
=36.27

* 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 36.27 mean?
African Rainbow Minerals (AFBOF) has a Days Payable of 36.27 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 African Rainbow Minerals and its competitors. This is 24% above median its historical median of 29.34. Over the past decade, African Rainbow Minerals' Days Payable has ranged from 24.46 to 52.91. According to the industry distribution chart, African Rainbow Minerals ranks #845 out of 1064 companies in the Metals & Mining industry, placing it in the top 79.4%.
Is African Rainbow Minerals' Days Payable too high?
African Rainbow Minerals' current Days Payable of 36.27 is 24% above median its 10-year median of 29.34. Over the past 10 years, this metric has ranged from a low of 24.46 to a high of 52.91. The Metals & Mining industry median Days Payable is 127.62. African Rainbow Minerals' value of 36.27 is 71.6% below this industry median. Based on the distribution chart, African Rainbow Minerals ranks #845 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, African Rainbow Minerals has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #845 out of 1064 companies for Days Payable. This places African Rainbow Minerals in the lower half of its industry. The industry median Days Payable is 127.62. African Rainbow Minerals' value of 36.27 is 71.6% below this benchmark. Historically, African Rainbow Minerals' own Days Payable has ranged from 24.46 to 52.91 over the past decade. While the company's 10-year median is 29.34 vs. the industry median of 127.62, African Rainbow Minerals 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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. African Rainbow Minerals's current Days Payable of 36.27 is 71.6% 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 African Rainbow Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Rainbow Minerals's current Days Payable is 36.27, which is 24% above median its own 10-year median of 29.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.88, compared to a current price of $11.07 — trading 14.1% below its estimated fair value. The current Days Payable is 36.27, which is 24% above median its 10-year median of 29.34 and 71.6% below the Metals & Mining industry median of 127.62. African Rainbow Minerals' overall GF Score™ is 82/100 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 African Rainbow Minerals (AFBOF), the current Days Payable is 36.27 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 African Rainbow Minerals (AFBOF) Overvalued in 2026?

Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued. The current stock price of $11.07 is trading 14.1% below its estimated GF Value™ of $12.88. GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.

Key valuation signals for AFBOF:

  • Days Payable: 36.27 (24% above median its 10-year median of 29.34)
  • GF Value™: $12.88 vs. price of $11.07 (14.1% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 71.6% below the Metals & Mining median (#845 of 1064)

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


African Rainbow Minerals Business Description

Other Exchanges ARI:South AfricaEB9:Germany
Address 29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
82GF Score

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

$11.07
Price
$12.88
GF Value