China Metal Resources Utilization (HKSE:01636) Days Payable: 415.20 (As of Jun. 2025) — 2994% Above Median

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HKSE:01636 China Metal Resources Utilization Ltd HKSE:01636
21 GF Score
Price HK$0.31
GF Value HK$0.11
! 6 Warning Signs
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What is China Metal Resources Utilization Days Payable?

China Metal Resources Utilization HKSE:01636 21 Days Payable is 415.20 as of Jun. 2025, which is 2994% above its 10-year median of 13.42. GuruFocus rates HKSE:01636 with a GF Score™ of 21/100 and a GF Value™ of HK$0.11. The stock has 6 warning signs investors should review.

China Metal Resources Utilization's average Accounts Payable for the six months ended in Jun. 2025 was HK$853.4 Mil. China Metal Resources Utilization's Cost of Goods Sold for the six months ended in Jun. 2025 was HK$375.1 Mil. Hence, China Metal Resources Utilization's Days Payable for the six months ended in Jun. 2025 was 415.20.

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

HKSE:01636' s Days Payable Range Over the Past 10 Years
Min: 4.01   Med: 13.42   Max: 804.95
Current: 804.95

During the past 13 years, China Metal Resources Utilization's highest Days Payable was 804.95. The lowest was 4.01. And the median was 13.42.

HKSE:01636's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 125.475 vs HKSE:01636: 804.95

China Metal Resources Utilization's Days Payable increased from Jun. 2024 (297.85) to Jun. 2025 (415.20). It may suggest that China Metal Resources Utilization delayed paying its suppliers.


China Metal Resources Utilization Days Payable Related Terms


China Metal Resources Utilization Days Payable Historical Data

* Premium members only.

The historical data trend for China Metal Resources Utilization'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.

China Metal Resources Utilization Days Payable Chart

China Metal Resources Utilization 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 17.49 57.35 210.23 468.39 584.83

China Metal Resources Utilization Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 1,791.07 263.22 297.85 13,436.92 415.20

HKSE:01636 vs SCCO, FCX: Days Payable Comparison

For the Copper subindustry, China Metal Resources Utilization'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.


China Metal Resources Utilization Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where China Metal Resources Utilization's Days Payable falls into.


HKSE:01636
21GF Score
China Metal Resources Utilization Ltd HKSE:01636
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Metal Resources Utilization 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.

China Metal Resources Utilization'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
=( (863.767 + 842.701) / 2 ) / 532.518*365
=853.234 / 532.518*365
=584.83

China Metal Resources Utilization's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (842.701 + 864.066) / 2 ) / 375.104*365 / 2
=853.3835 / 375.104*365 / 2
=415.20

* 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 415.20 mean?
China Metal Resources Utilization (HKSE:01636) has a Days Payable of 415.20 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Metal Resources Utilization and its competitors. This is 2994% above median its historical median of 13.42. Over the past decade, China Metal Resources Utilization's Days Payable has ranged from 4.01 to 804.95.
Is China Metal Resources Utilization's Days Payable too high?
China Metal Resources Utilization's current Days Payable of 415.20 is 2994% above median its 10-year median of 13.42. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 804.95. The Metals & Mining industry median Days Payable is 125.48. China Metal Resources Utilization's value of 415.20 is 230.9% above this industry median. Overall, China Metal Resources Utilization has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Metal Resources Utilization's Days Payable compare to SCCO and FCX?
China Metal Resources Utilization's Days Payable of 415.20 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 125.48. China Metal Resources Utilization's value of 415.20 is 230.9% above this benchmark. Historically, China Metal Resources Utilization's own Days Payable has ranged from 4.01 to 804.95 over the past decade. While the company's 10-year median is 13.42 vs. the industry median of 125.48, China Metal Resources Utilization 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.48, 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. China Metal Resources Utilization's current Days Payable of 415.20 is 230.9% 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 China Metal Resources Utilization and its competitors. For the Metals & Mining industry, the median Days Payable is 125.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Metal Resources Utilization's current Days Payable is 415.20, which is 2994% above median its own 10-year median of 13.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Metal Resources Utilization stock overvalued right now?
China Metal Resources Utilization (HKSE:01636) has a current Days Payable of 415.20. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.31 — trading 181.8% above its estimated fair value. The current Days Payable is 415.20, which is 2994% above median its 10-year median of 13.42 and 230.9% above the Metals & Mining industry median of 125.48. China Metal Resources Utilization's overall GF Score™ is 21/100 with 6 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 China Metal Resources Utilization (HKSE:01636), the current Days Payable is 415.20 as of Jun. 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 China Metal Resources Utilization (HKSE:01636) Overvalued in 2026?

Based on GuruFocus' analysis, China Metal Resources Utilization stock appears to be overvalued. The current stock price of HK$0.31 is trading 181.8% above its estimated GF Value™ of HK$0.11.

Key valuation signals for HKSE:01636:

  • Days Payable: 415.20 (2994% above median its 10-year median of 13.42)
  • GF Value™: HK$0.11 vs. price of HK$0.31 (181.8% above fair value)
  • GF Score™: 21/100 with 6 warning signs
  • Industry Position: 230.9% above the Metals & Mining median

No single metric tells the full story. See the HKSE:01636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Metal Resources Utilization Business Description

Address She Nos 1, 3 and 8, Shunhe Village, Shunhe Village Xiaojiangou Town, Youxian District, Sichuan Province, Mianyang, CHN
China Metal Resources Utilization Ltd is a manufacturer of recycled copper products, also known as copper semis, in Southwest China. The company's majority revenue-earning segment is recycled copper products, in which it processes recycled scrap and electrolytic copper to manufacture a various product, including copper wire rods, copper wires, copper plates, and copper granules. The power transmission and distribution cables segment include manufacturing and sales of power transmission and distribution cables, and the Communication cables segment engages in manufacturing and sales of communication cables.
21GF Score

Get the complete analysis for HKSE:01636

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

HK$0.31
Price
HK$0.11
GF Value