CLCHF (Clinch Resources) Days Payable: 103.51 (As of Mar. 2026) — 65% Below Median


CLCHF Clinch Resources Ltd CLCHF
11 GF Score
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What is Clinch Resources Days Payable?

Clinch Resources CLCHF -4.04% 11 Days Payable is 103.51 as of Mar. 2026, which is 65% below its 10-year median of 292.19. GuruFocus rates CLCHF with a GF Score™ of 11/100. The stock has 1 warning sign investors should review. Among 603 Steel companies, Clinch Resources ranks better than 93.37% on this metric.

Clinch Resources's average Accounts Payable for the three months ended in Mar. 2026 was $1.73 Mil. Clinch Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.53 Mil. Hence, Clinch Resources's Days Payable for the three months ended in Mar. 2026 was 103.51.

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

CLCHF' s Days Payable Range Over the Past 10 Years
Min: 179   Med: 292.19   Max: 307.63
Current: 179

During the past 4 years, Clinch Resources's highest Days Payable was 307.63. The lowest was 179.00. And the median was 292.19.

CLCHF's Days Payable is ranked better than
93.37% of 603 companies
in the Steel industry
Industry Median: 41.53 vs CLCHF: 179.00

Clinch Resources's Days Payable declined from Dec. 2024 (281.06) to Mar. 2026 (103.51). It may suggest that Clinch Resources accelerated paying its suppliers.


Clinch Resources Days Payable Historical Data

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The historical data trend for Clinch Resources'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.

Clinch Resources Days Payable Chart

Clinch Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 0.00 276.77 300.28

Clinch Resources Quarterly Data
Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 281.06 320.94 237.67 133.87 103.51

CLCHF vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Clinch Resources'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.


Clinch Resources Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Clinch Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Clinch Resources's Days Payable falls into.


CLCHF
11GF Score
Clinch Resources Ltd CLCHF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Clinch Resources 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.

Clinch Resources'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
=( (6.148 + 2.059) / 2 ) / 4.988*365
=4.1035 / 4.988*365
=300.28

Clinch Resources's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2.059 + 1.41) / 2 ) / 1.529*365 / 4
=1.7345 / 1.529*365 / 4
=103.51

* 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 103.51 mean?
Clinch Resources (CLCHF) has a Days Payable of 103.51 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Clinch Resources and its competitors. This is 65% below median its historical median of 292.19. Over the past decade, Clinch Resources' Days Payable has ranged from 179.00 to 307.63. According to the industry distribution chart, Clinch Resources ranks #40 out of 603 companies in the Steel industry, placing it in the top 6.6%.
Is Clinch Resources' Days Payable too high?
Clinch Resources' current Days Payable of 103.51 is 65% below median its 10-year median of 292.19. Over the past 10 years, this metric has ranged from a low of 179.00 to a high of 307.63. The Steel industry median Days Payable is 41.53. Clinch Resources' value of 103.51 is 149.2% above this industry median. Based on the distribution chart, Clinch Resources ranks #40 out of 603 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Clinch Resources has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Clinch Resources' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Clinch Resources ranks #40 out of 603 companies for Days Payable. This places Clinch Resources in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.53. Clinch Resources' value of 103.51 is 149.2% above this benchmark. Historically, Clinch Resources' own Days Payable has ranged from 179.00 to 307.63 over the past decade. While the company's 10-year median is 292.19 vs. the industry median of 41.53, Clinch Resources 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 Steel company?
The median Days Payable among Steel companies is 41.53, based on 603 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. Clinch Resources's current Days Payable of 103.51 is 149.2% 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 Clinch Resources and its competitors. For the Steel industry, the median Days Payable is 41.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clinch Resources's current Days Payable is 103.51, which is 65% below median its own 10-year median of 292.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clinch Resources stock overvalued right now?
Clinch Resources (CLCHF) has a current Days Payable of 103.51. The current Days Payable is 103.51, which is 65% below median its 10-year median of 292.19 and 149.2% above the Steel industry median of 41.53. Clinch Resources' overall GF Score™ is 11/100 with 1 warning sign 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 Clinch Resources (CLCHF), the current Days Payable is 103.51 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.

Clinch Resources Business Description

Other Exchanges CLCH:Canada
Clinch Resources Ltd is a Tennessee-based metallurgical mining company. The group supplies high-quality coking coal to steel-based manufacturing facilities for critical world-wide infrastructure. Its current operations are located in the state of West Virginia, which includes Logan, McDowell, Mingo, and Wyoming counties.
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