Ximei Resources Holding (HKSE:09936) Days Payable: 16.00 (As of Dec. 2025) — 24% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09936 Ximei Resources Holding Ltd HKSE:09936
70 GF Score
Price HK$14.40
GF Value HK$6.67
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ximei Resources Holding Days Payable?

Ximei Resources Holding HKSE:09936 +5.34% 70 Days Payable is 16.00 as of Dec. 2025, which is 24% below its 10-year median of 20.98. GuruFocus rates HKSE:09936 with a GF Score™ of 70/100 and a GF Value™ of HK$6.67 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, Ximei Resources Holding ranks worse than 93.01% on this metric.

Ximei Resources Holding's average Accounts Payable for the six months ended in Dec. 2025 was HK$101 Mil. Ximei Resources Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,155 Mil. Hence, Ximei Resources Holding's Days Payable for the six months ended in Dec. 2025 was 16.00.

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

HKSE:09936' s Days Payable Range Over the Past 10 Years
Min: 6.45   Med: 20.98   Max: 31.74
Current: 16.78

During the past 10 years, Ximei Resources Holding's highest Days Payable was 31.74. The lowest was 6.45. And the median was 20.98.

HKSE:09936's Days Payable is ranked worse than
93.01% of 1560 companies
in the Chemicals industry
Industry Median: 59.51 vs HKSE:09936: 16.78

Ximei Resources Holding's Days Payable increased from Dec. 2024 (14.18) to Dec. 2025 (16.00). It may suggest that Ximei Resources Holding delayed paying its suppliers.


Ximei Resources Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Ximei Resources Holding'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.

Ximei Resources Holding Days Payable Chart

Ximei Resources Holding 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 6.45 25.89 23.78 15.09 20.11

Ximei Resources Holding Semi-Annual Data
Dec16 Dec17 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 25.41 13.24 14.18 13.72 16.00

HKSE:09936 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Ximei Resources Holding'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.


Ximei Resources Holding Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ximei Resources Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Ximei Resources Holding's Days Payable falls into.


HKSE:09936
70GF Score
Ximei Resources Holding Ltd HKSE:09936
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ximei Resources Holding 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.

Ximei Resources Holding'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
=( (66.48 + 149.379) / 2 ) / 1959.039*365
=107.9295 / 1959.039*365
=20.11

Ximei Resources Holding'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
=( (53.145 + 149.379) / 2 ) / 1154.934*365 / 2
=101.262 / 1154.934*365 / 2
=16.00

* 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 16.00 mean?
Ximei Resources Holding (HKSE:09936) has a Days Payable of 16.00 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 Ximei Resources Holding and its competitors. This is 24% below median its historical median of 20.98. Over the past decade, Ximei Resources Holding's Days Payable has ranged from 6.45 to 31.74. According to the industry distribution chart, Ximei Resources Holding ranks #1451 out of 1560 companies in the Chemicals industry, placing it in the top 93%.
Is Ximei Resources Holding's Days Payable too high?
Ximei Resources Holding's current Days Payable of 16.00 is 24% below median its 10-year median of 20.98. Over the past 10 years, this metric has ranged from a low of 6.45 to a high of 31.74. The Chemicals industry median Days Payable is 59.51. Ximei Resources Holding's value of 16.00 is 73.1% below this industry median. Based on the distribution chart, Ximei Resources Holding ranks #1451 out of 1560 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ximei Resources Holding has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ximei Resources Holding's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ximei Resources Holding ranks #1451 out of 1560 companies for Days Payable. This places Ximei Resources Holding in the lower half of its industry. The industry median Days Payable is 59.51. Ximei Resources Holding's value of 16.00 is 73.1% below this benchmark. Historically, Ximei Resources Holding's own Days Payable has ranged from 6.45 to 31.74 over the past decade. While the company's 10-year median is 20.98 vs. the industry median of 59.51, Ximei Resources Holding 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.51, based on 1,560 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. Ximei Resources Holding's current Days Payable of 16.00 is 73.1% 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 Ximei Resources Holding and its competitors. For the Chemicals industry, the median Days Payable is 59.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ximei Resources Holding's current Days Payable is 16.00, which is 24% below median its own 10-year median of 20.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ximei Resources Holding stock overvalued right now?
Based on GuruFocus' analysis, Ximei Resources Holding (HKSE:09936) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.67, compared to a current price of HK$14.40 — trading 115.9% above its estimated fair value. The current Days Payable is 16.00, which is 24% below median its 10-year median of 20.98 and 73.1% below the Chemicals industry median of 59.51. Ximei Resources Holding's overall GF Score™ is 70/100 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 Ximei Resources Holding (HKSE:09936), the current Days Payable is 16.00 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 Ximei Resources Holding (HKSE:09936) Overvalued in 2026?

Based on GuruFocus' analysis, Ximei Resources Holding stock appears to be overvalued. The current stock price of HK$14.40 is trading 115.9% above its estimated GF Value™ of HK$6.67. GuruFocus considers Ximei Resources Holding to be Significantly Overvalued.

Key valuation signals for HKSE:09936:

  • Days Payable: 16.00 (24% below median its 10-year median of 20.98)
  • GF Value™: HK$6.67 vs. price of HK$14.40 (115.9% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 73.1% below the Chemicals median (#1451 of 1560)

No single metric tells the full story. See the HKSE:09936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ximei Resources Holding Business Description

Address East Hanxi Avenue, Zhongcun Street, No. 290 Poly Metropolis, Room 1903, A3 Office Building, East Hanxi Avenue, Panyu District, Guangzhou, CHN
Ximei Resources Holding Ltd produces tantalum and niobium-based metallurgical products in China. Tantalum and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloys, chemicals, automobiles, Oil and gas pipelines, Sputtering targets, capacitors, and hard alloys. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, and niobium bars to process the pentoxide products and potassium heptafluorotantalate it produces or purchases from third-party metallurgy companies.
70GF Score

Get the complete analysis for HKSE:09936

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

HK$14.40
Price
HK$6.67
GF Value