Premier African MineralsPRMMF Days Payable is 5,133.60 as of Jun. 2025, which is 2232% above its 10-year median of 220.13. The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Premier African Minerals ranks better than 67.58% 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.
Premier African Minerals Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Premier African Minerals'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.
Premier African Minerals Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Premier African Minerals's Days Payable distribution charts can be found below:
* The bar in red indicates where Premier African Minerals'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.
Premier African Minerals's Days Payable for the fiscal year that ended in Dec. 2024 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.
Premier African Minerals (PRMMF) has a Days Payable of 5,133.60 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 Premier African Minerals and its competitors. This is 2232% above median its historical median of 220.13. Over the past decade, Premier African Minerals' Days Payable has ranged from 50.25 to 1,564.84. According to the industry distribution chart, Premier African Minerals ranks #345 out of 1064 companies in the Metals & Mining industry, placing it in the top 32.4%.
Is Premier African Minerals' Days Payable too high?
Premier African Minerals' current Days Payable of 5,133.60 is 2232% above median its 10-year median of 220.13. Over the past 10 years, this metric has ranged from a low of 50.25 to a high of 1,564.84. The Metals & Mining industry median Days Payable is 127.62. Premier African Minerals' value of 5,133.60 is 3922.6% above this industry median. Based on the distribution chart, Premier African Minerals ranks #345 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Premier African Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Premier African Minerals ranks #345 out of 1064 companies for Days Payable. This puts Premier African Minerals in the upper half of its industry. The industry median Days Payable is 127.62. Premier African Minerals' value of 5,133.60 is 3922.6% above this benchmark. Historically, Premier African Minerals' own Days Payable has ranged from 50.25 to 1,564.84 over the past decade. While the company's 10-year median is 220.13 vs. the industry median of 127.62, Premier African Minerals 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 127.62, 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. Premier African Minerals's current Days Payable of 5,133.60 is 3922.6% 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 Premier African Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier African Minerals's current Days Payable is 5,133.60, which is 2232% above median its own 10-year median of 220.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier African Minerals stock overvalued right now?
Premier African Minerals (PRMMF) has a current Days Payable of 5,133.60. The current Days Payable is 5,133.60, which is 2232% above median its 10-year median of 220.13 and 3922.6% above the Metals & Mining industry median of 127.62. 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 Premier African Minerals (PRMMF), the current Days Payable is 5,133.60 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.
Premier African Minerals Ltd is a mining company that explores, evaluates, and develops mineral properties focused mainly on tungsten, lithium and tantalum elements in Africa. The company operates in three segments: RHA and RHA Mauritius, which is engaged in the development and mining of Wolframite; Zulu and Zulu Mauritius, which is engaged in the development of Lithium and Tantalite; and the Head office.
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