Persistence Gold GroupHKSE:02489 +1.59%47 Days Payable is 24.15 as of Mar. 2026, which is 0% above its 10-year median of 24.09. GuruFocus rates HKSE:02489 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 1,063 Metals & Mining companies, Persistence Gold Group ranks worse than 88.05% 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.
HKSE:02489 vs NEM, AU, RGLD: Days Payable Comparison
For the Gold subindustry, Persistence Gold 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.
Persistence Gold Group Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Persistence Gold Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Persistence Gold Group'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.
Persistence Gold Group's Days Payable for the fiscal year that ended in Dec. 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.
Persistence Gold Group (HKSE:02489) has a Days Payable of 24.15 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Persistence Gold Group and its competitors. This is near median its historical median of 24.09. Over the past decade, Persistence Gold Group's Days Payable has ranged from 16.36 to 49.57. According to the industry distribution chart, Persistence Gold Group ranks #936 out of 1063 companies in the Metals & Mining industry, placing it in the top 88.1%.
Is Persistence Gold Group's Days Payable too high?
Persistence Gold Group's current Days Payable of 24.15 is near median its 10-year median of 24.09. Over the past 10 years, this metric has ranged from a low of 16.36 to a high of 49.57. The Metals & Mining industry median Days Payable is 127.26. Persistence Gold Group's value of 24.15 is 81% below this industry median. Based on the distribution chart, Persistence Gold Group ranks #936 out of 1063 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #936 out of 1063 companies for Days Payable. This places Persistence Gold Group in the lower half of its industry. The industry median Days Payable is 127.26. Persistence Gold Group's value of 24.15 is 81% below this benchmark. Historically, Persistence Gold Group's own Days Payable has ranged from 16.36 to 49.57 over the past decade. While the company's 10-year median is 24.09 vs. the industry median of 127.26, Persistence Gold 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 127.26, based on 1,063 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. Persistence Gold Group's current Days Payable of 24.15 is 81% 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 Persistence Gold Group and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persistence Gold Group's current Days Payable is 24.15, which is near median its own 10-year median of 24.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current Days Payable of 24.15. The current Days Payable is 24.15, which is near median its 10-year median of 24.09 and 81% below the Metals & Mining industry median of 127.26. Persistence Gold Group's overall GF Score™ is 47/100 with 4 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 Persistence Gold Group (HKSE:02489), the current Days Payable is 24.15 as of Mar. 2026. 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.
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score
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