SMI - Ste Metallurgique d'Imiter (CAS:SMI) Days Payable: 135.69 (As of Dec. 2025) — 35% Below Median


CAS:SMI SMI - Ste Metallurgique d'Imiter CAS:SMI
72 GF Score
Price MAD5,950.00
GF Value MAD3,417.45
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SMI - Ste Metallurgique d'Imiter Days Payable?

SMI - Ste Metallurgique d'Imiter CAS:SMI +0.85% 72 Days Payable is 135.69 as of Dec. 2025, which is 35% below its 10-year median of 209.43. GuruFocus rates CAS:SMI with a GF Score™ of 72/100 and a GF Value™ of MAD3,417.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, SMI - Ste Metallurgique d'Imiter ranks better than 52.77% on this metric.

SMI - Ste Metallurgique d'Imiter's average Accounts Payable for the six months ended in Dec. 2025 was MAD177 Mil. SMI - Ste Metallurgique d'Imiter's Cost of Goods Sold for the six months ended in Dec. 2025 was MAD238 Mil. Hence, SMI - Ste Metallurgique d'Imiter's Days Payable for the six months ended in Dec. 2025 was 135.69.

The historical rank and industry rank for SMI - Ste Metallurgique d'Imiter's Days Payable or its related term are showing as below:

CAS:SMI' s Days Payable Range Over the Past 10 Years
Min: 106.42   Med: 209.43   Max: 301.98
Current: 150.04

During the past 13 years, SMI - Ste Metallurgique d'Imiter's highest Days Payable was 301.98. The lowest was 106.42. And the median was 209.43.

CAS:SMI's Days Payable is ranked better than
52.77% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs CAS:SMI: 150.04

SMI - Ste Metallurgique d'Imiter's Days Payable declined from Dec. 2024 (163.34) to Dec. 2025 (135.69). It may suggest that SMI - Ste Metallurgique d'Imiter accelerated paying its suppliers.


SMI - Ste Metallurgique d'Imiter Days Payable Related Terms


SMI - Ste Metallurgique d'Imiter Days Payable Historical Data

* Premium members only.

The historical data trend for SMI - Ste Metallurgique d'Imiter'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.

SMI - Ste Metallurgique d'Imiter Days Payable Chart

SMI - Ste Metallurgique d'Imiter 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 192.08 172.84 106.42 149.29 160.91

SMI - Ste Metallurgique d'Imiter 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 134.37 146.96 163.34 156.31 135.69

SMI - Ste Metallurgique d'Imiter Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, SMI - Ste Metallurgique d'Imiter'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.


SMI - Ste Metallurgique d'Imiter Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SMI - Ste Metallurgique d'Imiter's Days Payable distribution charts can be found below:

* The bar in red indicates where SMI - Ste Metallurgique d'Imiter's Days Payable falls into.


CAS:SMI
72GF Score
SMI - Ste Metallurgique d'Imiter CAS:SMI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMI - Ste Metallurgique d'Imiter 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.

SMI - Ste Metallurgique d'Imiter'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
=( (163.191 + 206.276) / 2 ) / 419.049*365
=184.7335 / 419.049*365
=160.91

SMI - Ste Metallurgique d'Imiter'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
=( (147.313 + 206.276) / 2 ) / 237.78*365 / 2
=176.7945 / 237.78*365 / 2
=135.69

* 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 135.69 mean?
SMI - Ste Metallurgique d'Imiter (CAS:SMI) has a Days Payable of 135.69 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 SMI - Ste Metallurgique d'Imiter and its competitors. This is 35% below median its historical median of 209.43. Over the past decade, SMI - Ste Metallurgique d'Imiter's Days Payable has ranged from 106.42 to 301.98. According to the industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #503 out of 1065 companies in the Metals & Mining industry, placing it in the top 47.2%.
Is SMI - Ste Metallurgique d'Imiter's Days Payable too high?
SMI - Ste Metallurgique d'Imiter's current Days Payable of 135.69 is 35% below median its 10-year median of 209.43. Over the past 10 years, this metric has ranged from a low of 106.42 to a high of 301.98. The Metals & Mining industry median Days Payable is 127.26. SMI - Ste Metallurgique d'Imiter's value of 135.69 is 6.6% above this industry median. Based on the distribution chart, SMI - Ste Metallurgique d'Imiter ranks #503 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, SMI - Ste Metallurgique d'Imiter has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMI - Ste Metallurgique d'Imiter's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #503 out of 1065 companies for Days Payable. This puts SMI - Ste Metallurgique d'Imiter in the upper half of its industry. The industry median Days Payable is 127.26. SMI - Ste Metallurgique d'Imiter's value of 135.69 is 6.6% above this benchmark. Historically, SMI - Ste Metallurgique d'Imiter's own Days Payable has ranged from 106.42 to 301.98 over the past decade. While the company's 10-year median is 209.43 vs. the industry median of 127.26, SMI - Ste Metallurgique d'Imiter 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 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. SMI - Ste Metallurgique d'Imiter's current Days Payable of 135.69 is 6.6% 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 SMI - Ste Metallurgique d'Imiter and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMI - Ste Metallurgique d'Imiter's current Days Payable is 135.69, which is 35% below median its own 10-year median of 209.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMI - Ste Metallurgique d'Imiter stock overvalued right now?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter (CAS:SMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD3,417.45, compared to a current price of MAD5,950.00 — trading 74.1% above its estimated fair value. The current Days Payable is 135.69, which is 35% below median its 10-year median of 209.43 and 6.6% above the Metals & Mining industry median of 127.26. SMI - Ste Metallurgique d'Imiter's overall GF Score™ is 72/100 with 2 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI), the current Days Payable is 135.69 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI) Overvalued in 2026?

Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter stock appears to be overvalued. The current stock price of MAD5,950.00 is trading 74.1% above its estimated GF Value™ of MAD3,417.45. GuruFocus considers SMI - Ste Metallurgique d'Imiter to be Significantly Overvalued.

Key valuation signals for CAS:SMI:

  • Days Payable: 135.69 (35% below median its 10-year median of 209.43)
  • GF Value™: MAD3,417.45 vs. price of MAD5,950.00 (74.1% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 6.6% above the Metals & Mining median (#503 of 1065)

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


SMI - Ste Metallurgique d'Imiter Business Description

Address Twin Center, Tour A, PO Box 5199, Angle Boulevards Zerktouni et Al Massira Al Khadra, Casablanca, MAR
SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.
72GF Score

Get the complete analysis for CAS:SMI

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

MAD5,950.00
Price
MAD3,417.45
GF Value