China Graphite Group (HKSE:02237) Days Payable: 60.40 (As of Dec. 2025) — 27% Below Median

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HKSE:02237 China Graphite Group Ltd HKSE:02237
54 GF Score
Price HK$0.21
GF Value HK$0.33
Valuation Possible Value Trap
! 6 Warning Signs
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What is China Graphite Group Days Payable?

China Graphite Group HKSE:02237 54 Days Payable is 60.40 as of Dec. 2025, which is 27% below its 10-year median of 82.20. GuruFocus rates HKSE:02237 with a GF Score™ of 54/100 and a GF Value™ of HK$0.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,067 Metals & Mining companies, China Graphite Group ranks worse than 59.51% on this metric.

China Graphite Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$27.1 Mil. China Graphite Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$81.9 Mil. Hence, China Graphite Group's Days Payable for the six months ended in Dec. 2025 was 60.40.

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

HKSE:02237' s Days Payable Range Over the Past 10 Years
Min: 63.14   Med: 82.2   Max: 95.33
Current: 79.46

During the past 7 years, China Graphite Group's highest Days Payable was 95.33. The lowest was 63.14. And the median was 82.20.

HKSE:02237's Days Payable is ranked worse than
59.51% of 1067 companies
in the Metals & Mining industry
Industry Median: 121.51 vs HKSE:02237: 79.46

China Graphite Group's Days Payable declined from Dec. 2024 (61.13) to Dec. 2025 (60.40). It may suggest that China Graphite Group accelerated paying its suppliers.


China Graphite Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Graphite Group'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 Graphite Group Days Payable Chart

China Graphite Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 67.41 63.14 82.20 95.33 90.41

China Graphite Group Semi-Annual Data
Dec19 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 46.70 145.46 61.13 103.64 60.40

China Graphite Group Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Graphite Group'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 Graphite Group Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where China Graphite Group's Days Payable falls into.


HKSE:02237
54GF Score
China Graphite Group Ltd HKSE:02237
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Graphite Group 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 Graphite Group'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
=( (23.414 + 35.677) / 2 ) / 119.283*365
=29.5455 / 119.283*365
=90.41

China Graphite Group'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
=( (18.559 + 35.677) / 2 ) / 81.932*365 / 2
=27.118 / 81.932*365 / 2
=60.40

* 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 60.40 mean?
China Graphite Group (HKSE:02237) has a Days Payable of 60.40 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 China Graphite Group and its competitors. This is 27% below median its historical median of 82.20. Over the past decade, China Graphite Group's Days Payable has ranged from 63.14 to 95.33. According to the industry distribution chart, China Graphite Group ranks #635 out of 1067 companies in the Metals & Mining industry, placing it in the top 59.5%.
Is China Graphite Group's Days Payable too high?
China Graphite Group's current Days Payable of 60.40 is 27% below median its 10-year median of 82.20. Over the past 10 years, this metric has ranged from a low of 63.14 to a high of 95.33. The Metals & Mining industry median Days Payable is 121.51. China Graphite Group's value of 60.40 is 50.3% below this industry median. Based on the distribution chart, China Graphite Group ranks #635 out of 1067 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, China Graphite Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Graphite Group's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, China Graphite Group ranks #635 out of 1067 companies for Days Payable. This places China Graphite Group in the lower half of its industry. The industry median Days Payable is 121.51. China Graphite Group's value of 60.40 is 50.3% below this benchmark. Historically, China Graphite Group's own Days Payable has ranged from 63.14 to 95.33 over the past decade. While the company's 10-year median is 82.20 vs. the industry median of 121.51, China Graphite Group 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 121.51, based on 1,067 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 Graphite Group's current Days Payable of 60.40 is 50.3% 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 China Graphite Group and its competitors. For the Metals & Mining industry, the median Days Payable is 121.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Graphite Group's current Days Payable is 60.40, which is 27% below median its own 10-year median of 82.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Graphite Group stock overvalued right now?
Based on GuruFocus' analysis, China Graphite Group (HKSE:02237) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.33, compared to a current price of HK$0.21 — trading 37.9% below its estimated fair value. The current Days Payable is 60.40, which is 27% below median its 10-year median of 82.20 and 50.3% below the Metals & Mining industry median of 121.51. China Graphite Group's overall GF Score™ is 54/100 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 Graphite Group (HKSE:02237), the current Days Payable is 60.40 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 China Graphite Group (HKSE:02237) Overvalued in 2026?

Based on GuruFocus' analysis, China Graphite Group stock appears to be undervalued. The current stock price of HK$0.21 is trading 37.9% below its estimated GF Value™ of HK$0.33. GuruFocus considers China Graphite Group to be Possible Value Trap.

Key valuation signals for HKSE:02237:

  • Days Payable: 60.40 (27% below median its 10-year median of 82.20)
  • GF Value™: HK$0.33 vs. price of HK$0.21 (37.9% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 50.3% below the Metals & Mining median (#635 of 1067)

No single metric tells the full story. See the HKSE:02237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Graphite Group Business Description

Address Graphite Development Zone, No. 1, Building 1, Yanjun Farm, Luobei County, Heilongjiang Province, Hegang City, CHN
China Graphite Group Ltd is engaged in the manufacturing and sale of graphite products, focusing on the production and sale of flake graphite concentrate and spherical graphite in the PRC. The company operates through reportable segments comprising the sale of flake graphite concentrate, which generates the majority of its revenue, and the sale of spherical graphite and its by-products, along with unprocessed marble.
54GF Score

Get the complete analysis for HKSE:02237

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

HK$0.21
Price
HK$0.33
GF Value