CREQF (China Rare Earth Holdings) Days Payable: 27.62 (As of Dec. 2024)


CREQF China Rare Earth Holdings Ltd CREQF
47 GF Score
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What is China Rare Earth Holdings Days Payable?

China Rare Earth Holdings CREQF 47 Days Payable is 27.62 as of Dec. 2024. GuruFocus rates CREQF with a GF Score™ of 47/100.

China Rare Earth Holdings's average Accounts Payable for the six months ended in Dec. 2024 was $9.20 Mil. China Rare Earth Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was $60.80 Mil. Hence, China Rare Earth Holdings's Days Payable for the six months ended in Dec. 2024 was 27.62.

The historical rank and industry rank for China Rare Earth Holdings's Days Payable or its related term are showing as below:

CREQF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

China Rare Earth Holdings's Days Payable declined from Dec. 2023 (40.12) to Dec. 2024 (27.62). It may suggest that China Rare Earth Holdings accelerated paying its suppliers.


China Rare Earth Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Rare Earth Holdings'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.

China Rare Earth Holdings Days Payable Chart

China Rare Earth Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.39 29.60 43.09 34.80 32.14

China Rare Earth Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 38.38 33.80 40.12 40.63 27.62

CREQF vs LZM, GRO, USGO: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, China Rare Earth Holdings'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.


China Rare Earth Holdings Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Rare Earth Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Rare Earth Holdings's Days Payable falls into.


CREQF
47GF Score
China Rare Earth Holdings Ltd CREQF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Rare Earth Holdings 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.

China Rare Earth Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (9.577 + 8.767) / 2 ) / 104.156*365
=9.172 / 104.156*365
=32.14

China Rare Earth Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9.636 + 8.767) / 2 ) / 60.804*365 / 2
=9.2015 / 60.804*365 / 2
=27.62

* 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 27.62 mean?
China Rare Earth Holdings (CREQF) has a Days Payable of 27.62 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Rare Earth Holdings and its competitors.
Is China Rare Earth Holdings' Days Payable too high?
China Rare Earth Holdings' current Days Payable is 27.62. The Metals & Mining industry median Days Payable is 127.62. China Rare Earth Holdings' value of 27.62 is 78.4% below this industry median. Overall, China Rare Earth Holdings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does China Rare Earth Holdings' Days Payable compare to LZM and GRO?
China Rare Earth Holdings' Days Payable of 27.62 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. China Rare Earth Holdings' value of 27.62 is 78.4% below this benchmark. 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. China Rare Earth Holdings's current Days Payable of 27.62 is 78.4% 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 China Rare Earth Holdings 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. China Rare Earth Holdings's current Days Payable is 27.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Rare Earth Holdings stock overvalued right now?
China Rare Earth Holdings (CREQF) has a current Days Payable of 27.62. The current Days Payable is 27.62 and 78.4% below the Metals & Mining industry median of 127.62. China Rare Earth Holdings' overall GF Score™ is 47/100. 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 China Rare Earth Holdings (CREQF), the current Days Payable is 27.62 as of Dec. 2024. 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.

China Rare Earth Holdings Business Description

Address Dingshu Town, Jiangsu Province, Yixing, CHN, 214226
China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products. The Refractory segment includes the manufacturing and sales of refractory products. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.
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