Sociedad Minera Corona (LIM:MINCORC1) Days Payable: 93.76 (As of Dec. 2024) — 86% Above Median

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LIM:MINCORC1 Sociedad Minera Corona SA LIM:MINCORC1
46 GF Score
Price S/.40.50
GF Value S/.13.70
! 4 Warning Signs
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What is Sociedad Minera Corona Days Payable?

Sociedad Minera Corona LIM:MINCORC1 46 Days Payable is 93.76 as of Dec. 2024, which is 86% above its 10-year median of 50.41. GuruFocus rates LIM:MINCORC1 with a GF Score™ of 46/100 and a GF Value™ of S/.13.70. The stock has 4 warning signs investors should review. Among 1,063 Metals & Mining companies, Sociedad Minera Corona ranks worse than 56.26% on this metric.

Sociedad Minera Corona's average Accounts Payable for the six months ended in Dec. 2024 was S/.101.3 Mil. Sociedad Minera Corona's Cost of Goods Sold for the six months ended in Dec. 2024 was S/.394.3 Mil. Hence, Sociedad Minera Corona's Days Payable for the six months ended in Dec. 2024 was 46.88.

The historical rank and industry rank for Sociedad Minera Corona's Days Payable or its related term are showing as below:

LIM:MINCORC1' s Days Payable Range Over the Past 10 Years
Min: 40.09   Med: 50.41   Max: 93.76
Current: 93.76

During the past 9 years, Sociedad Minera Corona's highest Days Payable was 93.76. The lowest was 40.09. And the median was 50.41.

LIM:MINCORC1's Days Payable is ranked worse than
56.26% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs LIM:MINCORC1: 93.76

Sociedad Minera Corona's Days Payable increased from Dec. 2022 (68.19) to Dec. 2024 (93.76). It may suggest that Sociedad Minera Corona delayed paying its suppliers.


Sociedad Minera Corona Days Payable Historical Data

* Premium members only.

The historical data trend for Sociedad Minera Corona'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.

Sociedad Minera Corona Days Payable Chart

Sociedad Minera Corona Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 50.41 44.52 68.19 82.82 93.76

Sociedad Minera Corona Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only 50.41 44.52 68.19 82.82 93.76

Sociedad Minera Corona Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sociedad Minera Corona'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.


Sociedad Minera Corona Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sociedad Minera Corona's Days Payable distribution charts can be found below:

* The bar in red indicates where Sociedad Minera Corona's Days Payable falls into.


LIM:MINCORC1
46GF Score
Sociedad Minera Corona SA LIM:MINCORC1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sociedad Minera Corona 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.

Sociedad Minera Corona'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
=( (71.744 + 130.826) / 2 ) / 394.275*365
=101.285 / 394.275*365
=93.76

Sociedad Minera Corona's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (71.744 + 130.826) / 2 ) / 394.275*365 / 2
=101.285 / 394.275*365 / 2
=46.88

* 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 93.76 mean?
Sociedad Minera Corona (LIM:MINCORC1) has a Days Payable of 93.76 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sociedad Minera Corona and its competitors. This is 86% above median its historical median of 50.41. Over the past decade, Sociedad Minera Corona's Days Payable has ranged from 40.09 to 93.76. According to the industry distribution chart, Sociedad Minera Corona ranks #598 out of 1063 companies in the Metals & Mining industry, placing it in the top 56.3%.
Is Sociedad Minera Corona's Days Payable too high?
Sociedad Minera Corona's current Days Payable of 93.76 is 86% above median its 10-year median of 50.41. Over the past 10 years, this metric has ranged from a low of 40.09 to a high of 93.76. The Metals & Mining industry median Days Payable is 125.60. Sociedad Minera Corona's value of 93.76 is 25.4% below this industry median. Based on the distribution chart, Sociedad Minera Corona ranks #598 out of 1063 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Sociedad Minera Corona has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sociedad Minera Corona's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Sociedad Minera Corona ranks #598 out of 1063 companies for Days Payable. This places Sociedad Minera Corona in the lower half of its industry. The industry median Days Payable is 125.60. Sociedad Minera Corona's value of 93.76 is 25.4% below this benchmark. Historically, Sociedad Minera Corona's own Days Payable has ranged from 40.09 to 93.76 over the past decade. While the company's 10-year median is 50.41 vs. the industry median of 125.60, Sociedad Minera Corona 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 125.60, 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. Sociedad Minera Corona's current Days Payable of 93.76 is 25.4% 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 Sociedad Minera Corona and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sociedad Minera Corona's current Days Payable is 93.76, which is 86% above median its own 10-year median of 50.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Minera Corona stock overvalued right now?
Sociedad Minera Corona (LIM:MINCORC1) has a current Days Payable of 93.76. The stock's GF Value™ is S/.13.70, compared to a current price of S/.40.50 — trading 195.6% above its estimated fair value. The current Days Payable is 93.76, which is 86% above median its 10-year median of 50.41 and 25.4% below the Metals & Mining industry median of 125.60. Sociedad Minera Corona's overall GF Score™ is 46/100 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 Sociedad Minera Corona (LIM:MINCORC1), the current Days Payable is 93.76 as of Dec. 2024. 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 Sociedad Minera Corona (LIM:MINCORC1) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Minera Corona stock appears to be overvalued. The current stock price of S/.40.50 is trading 195.6% above its estimated GF Value™ of S/.13.70.

Key valuation signals for LIM:MINCORC1:

  • Days Payable: 93.76 (86% above median its 10-year median of 50.41)
  • GF Value™: S/.13.70 vs. price of S/.40.50 (195.6% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 25.4% below the Metals & Mining median (#598 of 1063)

No single metric tells the full story. See the LIM:MINCORC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sociedad Minera Corona Business Description

Other Exchanges MINCORI1:Peru
Address Av. Pedro de Osma Nro. 450, Barranco, Lima, PER
Sociedad Minera Corona SA explores and extracts minerals to produce copper concentrates, silver, lead, and zinc. The company has two production unit namely Yauricocha, located in the department of Lima province of Yauyos and Carolina, located in the department of Cajamarca province of Hualgayoc.
46GF Score

Get the complete analysis for LIM:MINCORC1

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

S/.40.50
Price
S/.13.70
GF Value