Sino-platinum Metals Co (SHSE:600459) Days Payable: 14.93 (As of Mar. 2026) — 334% Above Median

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SHSE:600459 Sino-platinum Metals Co Ltd SHSE:600459
80 GF Score
Price ¥17.64
GF Value ¥18.56
Valuation Fairly Valued
! 7 Warning Signs
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What is Sino-platinum Metals Co Days Payable?

Sino-platinum Metals Co SHSE:600459 -4.75% 80 Days Payable is 14.93 as of Mar. 2026, which is 334% above its 10-year median of 3.44. GuruFocus rates SHSE:600459 with a GF Score™ of 80/100 and a GF Value™ of ¥18.56 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,063 Metals & Mining companies, Sino-platinum Metals Co ranks worse than 91.91% on this metric.

Sino-platinum Metals Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,052 Mil. Sino-platinum Metals Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥12,545 Mil. Hence, Sino-platinum Metals Co's Days Payable for the three months ended in Mar. 2026 was 14.93.

The historical rank and industry rank for Sino-platinum Metals Co's Days Payable or its related term are showing as below:

SHSE:600459' s Days Payable Range Over the Past 10 Years
Min: 2.27   Med: 3.44   Max: 18.52
Current: 18.52

During the past 13 years, Sino-platinum Metals Co's highest Days Payable was 18.52. The lowest was 2.27. And the median was 3.44.

SHSE:600459's Days Payable is ranked worse than
91.91% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs SHSE:600459: 18.52

Sino-platinum Metals Co's Days Payable increased from Mar. 2025 (11.91) to Mar. 2026 (14.93). It may suggest that Sino-platinum Metals Co delayed paying its suppliers.


Sino-platinum Metals Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sino-platinum Metals Co'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.

Sino-platinum Metals Co Days Payable Chart

Sino-platinum Metals Co 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 3.58 4.13 3.52 7.06 11.41

Sino-platinum Metals Co 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 11.91 15.50 23.00 27.52 14.93

SHSE:600459 vs HL, SIND: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, Sino-platinum Metals Co'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.


Sino-platinum Metals Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sino-platinum Metals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino-platinum Metals Co's Days Payable falls into.


SHSE:600459
80GF Score
Sino-platinum Metals Co Ltd SHSE:600459
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sino-platinum Metals Co 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.

Sino-platinum Metals Co'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
=( (1437.274 + 1952.173) / 2 ) / 54208.803*365
=1694.7235 / 54208.803*365
=11.41

Sino-platinum Metals Co'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
=( (1952.173 + 2151.96) / 2 ) / 12544.926*365 / 4
=2052.0665 / 12544.926*365 / 4
=14.93

* 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 14.93 mean?
Sino-platinum Metals Co (SHSE:600459) has a Days Payable of 14.93 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 Sino-platinum Metals Co and its competitors. This is 334% above median its historical median of 3.44. Over the past decade, Sino-platinum Metals Co's Days Payable has ranged from 2.27 to 18.52. According to the industry distribution chart, Sino-platinum Metals Co ranks #977 out of 1063 companies in the Metals & Mining industry, placing it in the top 91.9%.
Is Sino-platinum Metals Co's Days Payable too high?
Sino-platinum Metals Co's current Days Payable of 14.93 is 334% above median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 18.52. The Metals & Mining industry median Days Payable is 125.60. Sino-platinum Metals Co's value of 14.93 is 88.1% below this industry median. Based on the distribution chart, Sino-platinum Metals Co ranks #977 out of 1063 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sino-platinum Metals Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sino-platinum Metals Co's Days Payable compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Sino-platinum Metals Co ranks #977 out of 1063 companies for Days Payable. This places Sino-platinum Metals Co in the lower half of its industry. The industry median Days Payable is 125.60. Sino-platinum Metals Co's value of 14.93 is 88.1% below this benchmark. Historically, Sino-platinum Metals Co's own Days Payable has ranged from 2.27 to 18.52 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 125.60, Sino-platinum Metals Co 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. Sino-platinum Metals Co's current Days Payable of 14.93 is 88.1% 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 Sino-platinum Metals Co 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. Sino-platinum Metals Co's current Days Payable is 14.93, which is 334% above median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino-platinum Metals Co stock overvalued right now?
Based on GuruFocus' analysis, Sino-platinum Metals Co (SHSE:600459) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.56, compared to a current price of ¥17.64 — trading 5% below its estimated fair value. The current Days Payable is 14.93, which is 334% above median its 10-year median of 3.44 and 88.1% below the Metals & Mining industry median of 125.60. Sino-platinum Metals Co's overall GF Score™ is 80/100 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 Sino-platinum Metals Co (SHSE:600459), the current Days Payable is 14.93 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 Sino-platinum Metals Co (SHSE:600459) Overvalued in 2026?

Based on GuruFocus' analysis, Sino-platinum Metals Co stock appears to be undervalued. The current stock price of ¥17.64 is trading 5% below its estimated GF Value™ of ¥18.56. GuruFocus considers Sino-platinum Metals Co to be Fairly Valued.

Key valuation signals for SHSE:600459:

  • Days Payable: 14.93 (334% above median its 10-year median of 3.44)
  • GF Value™: ¥18.56 vs. price of ¥17.64 (5% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 88.1% below the Metals & Mining median (#977 of 1063)

No single metric tells the full story. See the SHSE:600459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino-platinum Metals Co Business Description

Address No. 988 Keji Road, New and High-Technology Development Zone, Kunming, Yunnan, CHN, 650106
Sino-platinum Metals Co Ltd is a China-based company engaged in the precious metals materials. Its product includes precious metal pipe, precious metal strip, platinum, precious metal composite, resistance paste, flake silver powder, precious metal compound, platinum wire, relay connector, gas sensor, pure gold, palladium ingot.
80GF Score

Get the complete analysis for SHSE:600459

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

¥17.64
Price
¥18.56
GF Value