Caledonia MiningCMCL +1.64%91 Days Payable is 51.01 as of Mar. 2026, which is 56% above its 10-year median of 32.79. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,064 Metals & Mining companies, Caledonia Mining ranks worse than 78.85% on this metric.
The historical rank and industry rank for Caledonia Mining's Days Payable or its related term are showing as below:
CMCL'
s Days Payable Range Over the Past 10 Years
Min: 19.47 Med: 32.79 Max: 62.33
Current: 41.76
During the past 13 years, Caledonia Mining's highest Days Payable was 62.33. The lowest was 19.47. And the median was 32.79.
CMCL's Days Payable is ranked worse than 78.85% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs CMCL: 41.76
Caledonia Mining's Days Payable
increased
from Mar. 2025 (25.72) to Mar. 2026 (51.01).
It may suggest that Caledonia Miningdelayed paying its suppliers.
Caledonia Mining Days Payable Related Terms
Caledonia Mining Days Payable Historical Data
* Premium members only.
The historical data trend for Caledonia Mining'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.
For the Gold subindustry, Caledonia Mining'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.
Caledonia Mining Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's Days Payable distribution charts can be found below:
* The bar in red indicates where Caledonia Mining's Days Payable falls into.
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.
Caledonia Mining's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Caledonia Mining (CMCL) has a Days Payable of 51.01 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 Caledonia Mining and its competitors. This is 56% above median its historical median of 32.79. Over the past decade, Caledonia Mining's Days Payable has ranged from 19.47 to 62.33. According to the industry distribution chart, Caledonia Mining ranks #839 out of 1064 companies in the Metals & Mining industry, placing it in the top 78.9%.
Is Caledonia Mining's Days Payable too high?
Caledonia Mining's current Days Payable of 51.01 is 56% above median its 10-year median of 32.79. Over the past 10 years, this metric has ranged from a low of 19.47 to a high of 62.33. The Metals & Mining industry median Days Payable is 127.62. Caledonia Mining's value of 51.01 is 60% below this industry median. Based on the distribution chart, Caledonia Mining ranks #839 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's Days Payable compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #839 out of 1064 companies for Days Payable. This places Caledonia Mining in the lower half of its industry. The industry median Days Payable is 127.62. Caledonia Mining's value of 51.01 is 60% below this benchmark. Historically, Caledonia Mining's own Days Payable has ranged from 19.47 to 62.33 over the past decade. While the company's 10-year median is 32.79 vs. the industry median of 127.62, Caledonia Mining 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. Caledonia Mining's current Days Payable of 51.01 is 60% 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 Caledonia Mining 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. Caledonia Mining's current Days Payable is 51.01, which is 56% above median its own 10-year median of 32.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.86, compared to a current price of $19.81 — trading 5% below its estimated fair value. The current Days Payable is 51.01, which is 56% above median its 10-year median of 32.79 and 60% below the Metals & Mining industry median of 127.62. Caledonia Mining's overall GF Score™ is 91/100 with 5 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 Caledonia Mining (CMCL), the current Days Payable is 51.01 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 Caledonia Mining (CMCL) Overvalued in 2026?
Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued.
The current stock price of $19.81 is trading 5% below its estimated GF Value™ of $20.86.
GuruFocus considers Caledonia Mining to be Fairly Valued.
Key valuation signals for CMCL:
Days Payable: 51.01 (56% above median its 10-year median of 32.79)
GF Value™: $20.86 vs. price of $19.81 (5% below fair value)
Industry Position: 60% below the Metals & Mining median (#839 of 1064)
No single metric tells the full story. See the CMCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score
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