The historical rank and industry rank for Erdene Resource Development's Days Payable or its related term are showing as below:
During the past 13 years, Erdene Resource Development's highest Days Payable was 12653.33. The lowest was 4878.18. And the median was 7136.71.
ERDCF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26 * Ranked among companies with meaningful Days Payable only.
Erdene Resource Development's Days Payable
stayed the same
from Mar. 2025 (0.00) to Mar. 2026 (0.00).
stayed the same
Erdene Resource Development Days Payable Related Terms
Erdene Resource Development Days Payable Historical Data
* 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.
Erdene Resource Development Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Erdene Resource Development'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.
Erdene Resource Development Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Erdene Resource Development's Days Payable distribution charts can be found below:
* The bar in red indicates where Erdene Resource Development's Days Payable falls into.
Erdene Resource Development 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.
* 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.
Erdene Resource Development (ERDCF) has a Days Payable of 0.00 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 Erdene Resource Development and its competitors. Over the past decade, Erdene Resource Development's Days Payable has ranged from 4,878.18 to 12,653.33. According to the industry distribution chart, Erdene Resource Development ranks #999999 out of 1065 companies in the Metals & Mining industry.
Is Erdene Resource Development's Days Payable too high?
Erdene Resource Development's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 4,878.18 to a high of 12,653.33. Based on the distribution chart, Erdene Resource Development ranks #999999 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Erdene Resource Development has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Erdene Resource Development's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Erdene Resource Development ranks #999999 out of 1065 companies for Days Payable. This places Erdene Resource Development in the lower half of its industry. The industry median Days Payable is 127.26. Historically, Erdene Resource Development's own Days Payable has ranged from 4,878.18 to 12,653.33 over the past decade. 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. 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 Erdene Resource Development 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. Erdene Resource Development's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erdene Resource Development stock overvalued right now?
Erdene Resource Development (ERDCF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Erdene Resource Development's overall GF Score™ is 34/100 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 Erdene Resource Development (ERDCF), the current Days Payable is 0.00 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.
Erdene Resource Development Corp is a Canadian-based company focused on the acquisition, exploration, and development of large, high-grade, near-surface, precious and base metals deposits in underexplored and prospective Mongolia. Currently, the corporation's principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other exploration and evaluation assets consist of interests in the Zuun Mod, Greater Dark Horse, Altan Nar, Dark Horse, Ulaan, Tereg Uul, and other properties located in Mongolia.
34GF Score
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