FSHRF (Feishang Anthracite Resources) Days Payable: 659.01 (As of Dec. 2025) — 63% Above Median


What is Feishang Anthracite Resources Days Payable?

Feishang Anthracite Resources FSHRF -4.13% Days Payable is 659.01 as of Dec. 2025, which is 63% above its 10-year median of 404.05. The stock has 3 warning signs investors should review. Among 128 Other Energy Sources companies, Feishang Anthracite Resources ranks better than 92.97% on this metric.

Feishang Anthracite Resources's average Accounts Payable for the six months ended in Dec. 2025 was $133.79 Mil. Feishang Anthracite Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was $37.05 Mil. Hence, Feishang Anthracite Resources's Days Payable for the six months ended in Dec. 2025 was 659.01.

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

FSHRF' s Days Payable Range Over the Past 10 Years
Min: 250.6   Med: 404.05   Max: 1093.01
Current: 778.99

During the past 13 years, Feishang Anthracite Resources's highest Days Payable was 1093.01. The lowest was 250.60. And the median was 404.05.

FSHRF's Days Payable is ranked better than
92.97% of 128 companies
in the Other Energy Sources industry
Industry Median: 67.17 vs FSHRF: 778.99

Feishang Anthracite Resources's Days Payable declined from Dec. 2024 (1,008.23) to Dec. 2025 (659.01). It may suggest that Feishang Anthracite Resources accelerated paying its suppliers.


Feishang Anthracite Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Feishang Anthracite 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.

Feishang Anthracite Resources Days Payable Chart

Feishang Anthracite Resources 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 386.76 328.79 451.92 1,090.31 781.70

Feishang Anthracite Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 509.86 1,086.26 1,008.23 960.24 659.01

Feishang Anthracite Resources Days Payable Competitor Comparison

For the Thermal Coal subindustry, Feishang Anthracite 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.


Feishang Anthracite Resources Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's Days Payable distribution charts can be found below:

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



Feishang Anthracite 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.

Feishang Anthracite Resources'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
=( (119.829 + 141.086) / 2 ) / 60.915*365
=130.4575 / 60.915*365
=781.70

Feishang Anthracite Resources's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (126.498 + 141.086) / 2 ) / 37.051*365 / 2
=133.792 / 37.051*365 / 2
=659.01

* 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 659.01 mean?
Feishang Anthracite Resources (FSHRF) has a Days Payable of 659.01 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Feishang Anthracite Resources and its competitors. This is 63% above median its historical median of 404.05. Over the past decade, Feishang Anthracite Resources' Days Payable has ranged from 250.60 to 1,093.01. According to the industry distribution chart, Feishang Anthracite Resources ranks #9 out of 128 companies in the Other Energy Sources industry, placing it in the top 7%.
Is Feishang Anthracite Resources' Days Payable too high?
Feishang Anthracite Resources' current Days Payable of 659.01 is 63% above median its 10-year median of 404.05. Over the past 10 years, this metric has ranged from a low of 250.60 to a high of 1,093.01. The Other Energy Sources industry median Days Payable is 67.17. Feishang Anthracite Resources' value of 659.01 is 881.1% above this industry median. Based on the distribution chart, Feishang Anthracite Resources ranks #9 out of 128 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers.
How does Feishang Anthracite Resources' Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Feishang Anthracite Resources ranks #9 out of 128 companies for Days Payable. This places Feishang Anthracite Resources in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.17. Feishang Anthracite Resources' value of 659.01 is 881.1% above this benchmark. Historically, Feishang Anthracite Resources' own Days Payable has ranged from 250.60 to 1,093.01 over the past decade. While the company's 10-year median is 404.05 vs. the industry median of 67.17, Feishang Anthracite Resources 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 an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 67.17, based on 128 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. Feishang Anthracite Resources's current Days Payable of 659.01 is 881.1% 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 Feishang Anthracite Resources and its competitors. For the Other Energy Sources industry, the median Days Payable is 67.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feishang Anthracite Resources's current Days Payable is 659.01, which is 63% above median its own 10-year median of 404.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feishang Anthracite Resources stock overvalued right now?
Based on GuruFocus' analysis, Feishang Anthracite Resources (FSHRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.05 — trading 364% above its estimated fair value. The current Days Payable is 659.01, which is 63% above median its 10-year median of 404.05 and 881.1% above the Other Energy Sources industry median of 67.17. 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 Feishang Anthracite Resources (FSHRF), the current Days Payable is 659.01 as of Dec. 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.

Feishang Anthracite Resources Business Description

Other Exchanges 01738:Hong Kong
Address 2-12 Au Pui Wan Street, Room M07, 7th Floor, Valiant Industrial Building, Fo Tan, Hong Kong, HKG
Feishang Anthracite Resources Ltd is principally engaged in the trading of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. The Group had only one operating segment: extraction and sale of anthracite coal and trading of anthracite coal. The company conducts its principal operation and derives revenues solely from Mainland China.