Harmony Gold Mining CoHGMCF 92 Days Payable is 34.67 as of Dec. 2025, which is 254% above its 10-year median of 9.78. GuruFocus rates HGMCF with a GF Score™ of 92/100 and a GF Value™ of $19.90 (Modestly Undervalued). Among 1,064 Metals & Mining companies, Harmony Gold Mining Co ranks worse than 81.2% on this metric.
* 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.
For the Gold subindustry, Harmony Gold Mining Co'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.
Harmony Gold Mining Co Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Harmony Gold Mining Co's Days Payable falls into.
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.
Harmony Gold Mining Co's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Harmony Gold Mining Co (HGMCF) has a Days Payable of 34.67 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 Harmony Gold Mining Co and its competitors. This is 254% above median its historical median of 9.78. Over the past decade, Harmony Gold Mining Co's Days Payable has ranged from 8.04 to 37.71. According to the industry distribution chart, Harmony Gold Mining Co ranks #864 out of 1064 companies in the Metals & Mining industry, placing it in the top 81.2%.
Is Harmony Gold Mining Co's Days Payable too high?
Harmony Gold Mining Co's current Days Payable of 34.67 is 254% above median its 10-year median of 9.78. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 37.71. The Metals & Mining industry median Days Payable is 126.89. Harmony Gold Mining Co's value of 34.67 is 72.7% below this industry median. Based on the distribution chart, Harmony Gold Mining Co ranks #864 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Harmony Gold Mining Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Harmony Gold Mining Co ranks #864 out of 1064 companies for Days Payable. This places Harmony Gold Mining Co in the lower half of its industry. The industry median Days Payable is 126.89. Harmony Gold Mining Co's value of 34.67 is 72.7% below this benchmark. Historically, Harmony Gold Mining Co's own Days Payable has ranged from 8.04 to 37.71 over the past decade. While the company's 10-year median is 9.78 vs. the industry median of 126.89, Harmony Gold Mining Co 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. Harmony Gold Mining Co's current Days Payable of 34.67 is 72.7% 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 Harmony Gold Mining Co 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. Harmony Gold Mining Co's current Days Payable is 34.67, which is 254% above median its own 10-year median of 9.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Harmony Gold Mining Co (HGMCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.90, compared to a current price of $17.45 — trading 12.3% below its estimated fair value. The current Days Payable is 34.67, which is 254% above median its 10-year median of 9.78 and 72.7% below the Metals & Mining industry median of 126.89. Harmony Gold Mining Co's overall GF Score™ is 92/100. 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 Harmony Gold Mining Co (HGMCF), the current Days Payable is 34.67 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.
Is Harmony Gold Mining Co (HGMCF) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be undervalued.
The current stock price of $17.45 is trading 12.3% below its estimated GF Value™ of $19.90.
GuruFocus considers Harmony Gold Mining Co to be Modestly Undervalued.
Key valuation signals for HGMCF:
Days Payable: 34.67 (254% above median its 10-year median of 9.78)
GF Value™: $19.90 vs. price of $17.45 (12.3% below fair value)
Industry Position: 72.7% below the Metals & Mining median (#864 of 1064)
No single metric tells the full story. See the HGMCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmony Gold Mining Co Ltd is engaged in gold mining and related activities, including exploration, extraction, and processing. The group's primary product is gold bullion, produced at operations in South Africa and Papua New Guinea. Gold byproducts include uranium and silver. Strategic projects such as the Wafi-Golpu Project in the New Guinea Mobile Belt, the Eva Copper Project in the Mt Isa Inlier, Queensland, Australia, and the MAC Copper acquisition position the company as a gold-copper producer. The company operates across South Africa, Papua New Guinea, and Australia.
92GF Score
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