Aluminum of China (FRA:AOC) Days Payable: 38.55 (As of Mar. 2026) — 30% Above Median


FRA:AOC Aluminum Corp of China Ltd FRA:AOC
81 GF Score
Price €0.82
GF Value €0.81
Valuation Fairly Valued
! 2 Warning Signs
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What is Aluminum of China Days Payable?

Aluminum of China FRA:AOC -0.48% 81 Days Payable is 38.55 as of Mar. 2026, which is 30% above its 10-year median of 29.55. GuruFocus rates FRA:AOC with a GF Score™ of 81/100 and a GF Value™ of €0.81 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Aluminum of China ranks worse than 80.26% on this metric.

Aluminum of China's average Accounts Payable for the three months ended in Mar. 2026 was €2,300 Mil. Aluminum of China's Cost of Goods Sold for the three months ended in Mar. 2026 was €5,445 Mil. Hence, Aluminum of China's Days Payable for the three months ended in Mar. 2026 was 38.55.

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

FRA:AOC' s Days Payable Range Over the Past 10 Years
Min: 23.69   Med: 29.55   Max: 40.58
Current: 39.16

During the past 13 years, Aluminum of China's highest Days Payable was 40.58. The lowest was 23.69. And the median was 29.55.

FRA:AOC's Days Payable is ranked worse than
80.26% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs FRA:AOC: 39.16

Aluminum of China's Days Payable declined from Mar. 2025 (42.09) to Mar. 2026 (38.55). It may suggest that Aluminum of China accelerated paying its suppliers.


Aluminum of China Days Payable Historical Data

* Premium members only.

The historical data trend for Aluminum of China'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.

Aluminum of China Days Payable Chart

Aluminum of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.66 29.48 41.72 37.00 36.60

Aluminum of China Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 42.09 41.70 41.02 35.65 38.55

FRA:AOC vs AA, CENX, CSTM: Days Payable Comparison

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Aluminum of China's Days Payable falls into.


FRA:AOC
81GF Score
Aluminum Corp of China Ltd FRA:AOC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aluminum of China 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.

Aluminum of China'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
=( (2600.456 + 2205.249) / 2 ) / 23965.986*365
=2402.8525 / 23965.986*365
=36.60

Aluminum of China'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
=( (2205.249 + 2395.353) / 2 ) / 5445.262*365 / 4
=2300.301 / 5445.262*365 / 4
=38.55

* 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 38.55 mean?
Aluminum of China (FRA:AOC) has a Days Payable of 38.55 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 Aluminum of China and its competitors. This is 30% above median its historical median of 29.55. Over the past decade, Aluminum of China's Days Payable has ranged from 23.69 to 40.58. According to the industry distribution chart, Aluminum of China ranks #854 out of 1064 companies in the Metals & Mining industry, placing it in the top 80.3%.
Is Aluminum of China's Days Payable too high?
Aluminum of China's current Days Payable of 38.55 is 30% above median its 10-year median of 29.55. Over the past 10 years, this metric has ranged from a low of 23.69 to a high of 40.58. The Metals & Mining industry median Days Payable is 126.89. Aluminum of China's value of 38.55 is 69.6% below this industry median. Based on the distribution chart, Aluminum of China ranks #854 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Aluminum of China has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aluminum of China's Days Payable compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminum of China ranks #854 out of 1064 companies for Days Payable. This places Aluminum of China in the lower half of its industry. The industry median Days Payable is 126.89. Aluminum of China's value of 38.55 is 69.6% below this benchmark. Historically, Aluminum of China's own Days Payable has ranged from 23.69 to 40.58 over the past decade. While the company's 10-year median is 29.55 vs. the industry median of 126.89, Aluminum of China 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 126.89, 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. Aluminum of China's current Days Payable of 38.55 is 69.6% 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 Aluminum of China and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aluminum of China's current Days Payable is 38.55, which is 30% above median its own 10-year median of 29.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminum of China stock overvalued right now?
Based on GuruFocus' analysis, Aluminum of China (FRA:AOC) is currently considered Fairly Valued. The stock's GF Value™ is €0.81, compared to a current price of €0.82 — trading 1.7% above its estimated fair value. The current Days Payable is 38.55, which is 30% above median its 10-year median of 29.55 and 69.6% below the Metals & Mining industry median of 126.89. Aluminum of China's overall GF Score™ is 81/100 with 2 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 Aluminum of China (FRA:AOC), the current Days Payable is 38.55 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 Aluminum of China (FRA:AOC) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminum of China stock appears to be overvalued. The current stock price of €0.82 is trading 1.7% above its estimated GF Value™ of €0.81. GuruFocus considers Aluminum of China to be Fairly Valued.

Key valuation signals for FRA:AOC:

  • Days Payable: 38.55 (30% above median its 10-year median of 29.55)
  • GF Value™: €0.81 vs. price of €0.82 (1.7% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 69.6% below the Metals & Mining median (#854 of 1064)

No single metric tells the full story. See the FRA:AOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aluminum of China Business Description

Address No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are: the alumina segment, the primary aluminum segment, the energy segment, the marketing segment, and the corporate and other segment. The majority of its revenue is generated from the primary aluminum segment, which consists of procuring alumina and other raw materials, supplemental materials, and electricity power, and smelting alumina to produce primary aluminum.
81GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.82
Price
€0.81
GF Value