Gulf Resources (FRA:R29) Days Payable: 4.38 (As of Sep. 2025) — 82% Below Median

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FRA:R29 Gulf Resources Inc FRA:R29
57 GF Score
Price €4.16
GF Value €7.99
! 3 Warning Signs
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What is Gulf Resources Days Payable?

Gulf Resources FRA:R29 57 Days Payable is 4.38 as of Sep. 2025, which is 82% below its 10-year median of 24.58. GuruFocus rates FRA:R29 with a GF Score™ of 57/100 and a GF Value™ of €7.99. The stock has 3 warning signs investors should review. Among 1,554 Chemicals companies, Gulf Resources ranks worse than 99.23% on this metric.

Gulf Resources's average Accounts Payable for the three months ended in Sep. 2025 was €0.33 Mil. Gulf Resources's Cost of Goods Sold for the three months ended in Sep. 2025 was €6.81 Mil. Hence, Gulf Resources's Days Payable for the three months ended in Sep. 2025 was 4.38.

The historical rank and industry rank for Gulf Resources's Days Payable or its related term are showing as below:

FRA:R29' s Days Payable Range Over the Past 10 Years
Min: 1.17   Med: 24.58   Max: 179.44
Current: 3.27

During the past 13 years, Gulf Resources's highest Days Payable was 179.44. The lowest was 1.17. And the median was 24.58.

FRA:R29's Days Payable is ranked worse than
99.23% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs FRA:R29: 3.27

Gulf Resources's Days Payable increased from Sep. 2024 (2.99) to Sep. 2025 (4.38). It may suggest that Gulf Resources delayed paying its suppliers.


Gulf Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Gulf Resources'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.

Gulf Resources Days Payable Chart

Gulf Resources 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 43.68 3.13 1.11 1.30 1.77

Gulf Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.99 0.56 12.06 4.94 4.38

FRA:R29 vs ORGN, DOW: Days Payable Comparison

For the Chemicals subindustry, Gulf Resources'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.


Gulf Resources Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulf Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Gulf Resources's Days Payable falls into.


FRA:R29
57GF Score
Gulf Resources Inc FRA:R29
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Resources 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.

Gulf Resources'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
=( (0.19 + 0.029) / 2 ) / 22.564*365
=0.1095 / 22.564*365
=1.77

Gulf Resources's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.33 + 0.324) / 2 ) / 6.813*365 / 4
=0.327 / 6.813*365 / 4
=4.38

* 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 4.38 mean?
Gulf Resources (FRA:R29) has a Days Payable of 4.38 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gulf Resources and its competitors. This is 82% below median its historical median of 24.58. Over the past decade, Gulf Resources' Days Payable has ranged from 1.17 to 179.44. According to the industry distribution chart, Gulf Resources ranks #1542 out of 1554 companies in the Chemicals industry, placing it in the top 99.2%.
Is Gulf Resources' Days Payable too high?
Gulf Resources' current Days Payable of 4.38 is 82% below median its 10-year median of 24.58. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 179.44. The Chemicals industry median Days Payable is 59.88. Gulf Resources' value of 4.38 is 92.7% below this industry median. Based on the distribution chart, Gulf Resources ranks #1542 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Gulf Resources has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Resources' Days Payable compare to ORGN and DOW?
According to the Chemicals industry distribution chart, Gulf Resources ranks #1542 out of 1554 companies for Days Payable. This places Gulf Resources in the lower half of its industry. The industry median Days Payable is 59.88. Gulf Resources' value of 4.38 is 92.7% below this benchmark. Historically, Gulf Resources' own Days Payable has ranged from 1.17 to 179.44 over the past decade. While the company's 10-year median is 24.58 vs. the industry median of 59.88, Gulf Resources 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,554 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. Gulf Resources's current Days Payable of 4.38 is 92.7% 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 Gulf Resources and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Resources's current Days Payable is 4.38, which is 82% below median its own 10-year median of 24.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Resources stock overvalued right now?
Gulf Resources (FRA:R29) has a current Days Payable of 4.38. The stock's GF Value™ is €7.99, compared to a current price of €4.16 — trading 47.9% below its estimated fair value. The current Days Payable is 4.38, which is 82% below median its 10-year median of 24.58 and 92.7% below the Chemicals industry median of 59.88. Gulf Resources' overall GF Score™ is 57/100 with 3 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 Gulf Resources (FRA:R29), the current Days Payable is 4.38 as of Sep. 2025. 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 Gulf Resources (FRA:R29) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Resources stock appears to be undervalued. The current stock price of €4.16 is trading 47.9% below its estimated GF Value™ of €7.99.

Key valuation signals for FRA:R29:

  • Days Payable: 4.38 (82% below median its 10-year median of 24.58)
  • GF Value™: €7.99 vs. price of €4.16 (47.9% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 92.7% below the Chemicals median (#1542 of 1554)

No single metric tells the full story. See the FRA:R29 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gulf Resources Business Description

Other Exchanges GURE:USA
Address Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines and disinfectants.
57GF Score

Get the complete analysis for FRA:R29

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

€4.16
Price
€7.99
GF Value