SGQRF (Southgobi Resources) Days Payable: 103.87 (As of Mar. 2026) — 56% Below Median

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SGQRF Southgobi Resources Ltd SGQRF
62 GF Score
Price $0.28
GF Value $0.64
! 7 Warning Signs
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What is Southgobi Resources Days Payable?

Southgobi Resources SGQRF 62 Days Payable is 103.87 as of Mar. 2026, which is 56% below its 10-year median of 236.00. GuruFocus rates SGQRF with a GF Score™ of 62/100 and a GF Value™ of $0.64. The stock has 7 warning signs investors should review. Among 128 Other Energy Sources companies, Southgobi Resources ranks better than 61.72% on this metric.

Southgobi Resources's average Accounts Payable for the three months ended in Mar. 2026 was $182.3 Mil. Southgobi Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $160.1 Mil. Hence, Southgobi Resources's Days Payable for the three months ended in Mar. 2026 was 103.87.

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

SGQRF' s Days Payable Range Over the Past 10 Years
Min: 79.95   Med: 236   Max: 694.74
Current: 94.6

During the past 13 years, Southgobi Resources's highest Days Payable was 694.74. The lowest was 79.95. And the median was 236.00.

SGQRF's Days Payable is ranked better than
61.72% of 128 companies
in the Other Energy Sources industry
Industry Median: 66.315 vs SGQRF: 94.60

Southgobi Resources's Days Payable increased from Mar. 2025 (83.96) to Mar. 2026 (103.87). It may suggest that Southgobi Resources delayed paying its suppliers.


Southgobi Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Southgobi Resources'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.

Southgobi Resources Days Payable Chart

Southgobi Resources 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 697.36 260.47 93.32 79.84 90.40

Southgobi Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 83.96 83.55 99.91 94.84 103.87

Southgobi Resources Days Payable Competitor Comparison

For the Thermal Coal subindustry, Southgobi Resources'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.


Southgobi Resources Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Days Payable distribution charts can be found below:

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


SGQRF
62GF Score
Southgobi Resources Ltd SGQRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Southgobi Resources 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.

Southgobi Resources'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
=( (114.056 + 182.526) / 2 ) / 598.719*365
=148.291 / 598.719*365
=90.40

Southgobi Resources's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (182.526 + 181.987) / 2 ) / 160.109*365 / 4
=182.2565 / 160.109*365 / 4
=103.87

* 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 103.87 mean?
Southgobi Resources (SGQRF) has a Days Payable of 103.87 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 Southgobi Resources and its competitors. This is 56% below median its historical median of 236.00. Over the past decade, Southgobi Resources' Days Payable has ranged from 79.95 to 694.74. According to the industry distribution chart, Southgobi Resources ranks #49 out of 128 companies in the Other Energy Sources industry, placing it in the top 38.3%.
Is Southgobi Resources' Days Payable too high?
Southgobi Resources' current Days Payable of 103.87 is 56% below median its 10-year median of 236.00. Over the past 10 years, this metric has ranged from a low of 79.95 to a high of 694.74. The Other Energy Sources industry median Days Payable is 66.32. Southgobi Resources' value of 103.87 is 56.6% above this industry median. Based on the distribution chart, Southgobi Resources ranks #49 out of 128 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Southgobi Resources ranks #49 out of 128 companies for Days Payable. This puts Southgobi Resources in the upper half of its industry. The industry median Days Payable is 66.32. Southgobi Resources' value of 103.87 is 56.6% above this benchmark. Historically, Southgobi Resources' own Days Payable has ranged from 79.95 to 694.74 over the past decade. While the company's 10-year median is 236.00 vs. the industry median of 66.32, Southgobi Resources 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 an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. Southgobi Resources's current Days Payable of 103.87 is 56.6% 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 Southgobi Resources and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southgobi Resources's current Days Payable is 103.87, which is 56% below median its own 10-year median of 236.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southgobi Resources stock overvalued right now?
Southgobi Resources (SGQRF) has a current Days Payable of 103.87. The stock's GF Value™ is $0.64, compared to a current price of $0.28 — trading 56.3% below its estimated fair value. The current Days Payable is 103.87, which is 56% below median its 10-year median of 236.00 and 56.6% above the Other Energy Sources industry median of 66.32. Southgobi Resources' overall GF Score™ is 62/100 with 7 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 Southgobi Resources (SGQRF), the current Days Payable is 103.87 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.

Is Southgobi Resources (SGQRF) Overvalued in 2026?

Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued. The current stock price of $0.28 is trading 56.3% below its estimated GF Value™ of $0.64.

Key valuation signals for SGQRF:

  • Days Payable: 103.87 (56% below median its 10-year median of 236.00)
  • GF Value™: $0.64 vs. price of $0.28 (56.3% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 56.6% above the Other Energy Sources median (#49 of 128)

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


Southgobi Resources Business Description

Other Exchanges 01878:Hong KongSGQ:Canada
Address Tower 1, 193 Prince Edward Road. West, Grand Centurey Tower, Units 1208-10, Mongkok, Corporate Department, Kowloon, HKG, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
62GF Score

Get the complete analysis for SGQRF

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

$0.28
Price
$0.64
GF Value