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* 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.
Hanking Gold International Days Payable Competitor Comparison
For the Steel subindustry, Hanking Gold International'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.
Hanking Gold International Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Hanking Gold International's Days Payable distribution charts can be found below:
* The bar in red indicates where Hanking Gold International's Days Payable falls into.
Hanking Gold International 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.
Hanking Gold International (FRA:6CH) has a Days Payable of 166.04 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hanking Gold International and its competitors. This is near median its historical median of 173.17. Over the past decade, Hanking Gold International's Days Payable has ranged from 81.76 to 410.76. According to the industry distribution chart, Hanking Gold International ranks #42 out of 597 companies in the Steel industry, placing it in the top 7%.
Is Hanking Gold International's Days Payable too high?
Hanking Gold International's current Days Payable of 166.04 is near median its 10-year median of 173.17. Over the past 10 years, this metric has ranged from a low of 81.76 to a high of 410.76. The Steel industry median Days Payable is 42.69. Hanking Gold International's value of 166.04 is 288.9% above this industry median. Based on the distribution chart, Hanking Gold International ranks #42 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hanking Gold International has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Hanking Gold International's Days Payable compare to competitors?
According to the Steel industry distribution chart, Hanking Gold International ranks #42 out of 597 companies for Days Payable. This places Hanking Gold International in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 42.69. Hanking Gold International's value of 166.04 is 288.9% above this benchmark. Historically, Hanking Gold International's own Days Payable has ranged from 81.76 to 410.76 over the past decade. While the company's 10-year median is 173.17 vs. the industry median of 42.69, Hanking Gold International 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 42.69, based on 597 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. Hanking Gold International's current Days Payable of 166.04 is 288.9% 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 Hanking Gold International and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanking Gold International's current Days Payable is 166.04, which is near median its own 10-year median of 173.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanking Gold International stock overvalued right now?
Hanking Gold International (FRA:6CH) has a current Days Payable of 166.04. The stock's GF Value™ is €0.07, compared to a current price of €0.32 — trading 360% above its estimated fair value. The current Days Payable is 166.04, which is near median its 10-year median of 173.17 and 288.9% above the Steel industry median of 42.69. Hanking Gold International's overall GF Score™ is 55/100 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 Hanking Gold International (FRA:6CH), the current Days Payable is 166.04 as of Jun. 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 Hanking Gold International (FRA:6CH) Overvalued in 2026?
Based on GuruFocus' analysis, Hanking Gold International stock appears to be overvalued.
The current stock price of €0.32 is trading 360% above its estimated GF Value™ of €0.07.
Key valuation signals for FRA:6CH:
Days Payable: 166.04 (near median its 10-year median of 173.17)
GF Value™: €0.07 vs. price of €0.32 (360% above fair value)
Industry Position: 288.9% above the Steel median (#42 of 597)
No single metric tells the full story. See the FRA:6CH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanking Gold International Ltd is a Hong Kong-listed mining company. It specializes in exploration, mining, processing, smelting, and sales of iron ore, high-purity iron, and gold. Geographically, the company operates in Mainland China, Hong Kong and Australia generating majority revenue from Mainland China region.
55GF Score
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