Chengtun Mining Group Co (SHSE:600711) Days Payable: 54.11 (As of Mar. 2026) — 45% Above Median

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SHSE:600711 Chengtun Mining Group Co Ltd SHSE:600711
57 GF Score
Price ¥10.69
GF Value ¥7.04
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Chengtun Mining Group Co Days Payable?

Chengtun Mining Group Co SHSE:600711 -5.06% 57 Days Payable is 54.11 as of Mar. 2026, which is 45% above its 10-year median of 37.30. GuruFocus rates SHSE:600711 with a GF Score™ of 57/100 and a GF Value™ of ¥7.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,063 Metals & Mining companies, Chengtun Mining Group Co ranks worse than 69.14% on this metric.

Chengtun Mining Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥4,191 Mil. Chengtun Mining Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥7,067 Mil. Hence, Chengtun Mining Group Co's Days Payable for the three months ended in Mar. 2026 was 54.11.

The historical rank and industry rank for Chengtun Mining Group Co's Days Payable or its related term are showing as below:

SHSE:600711' s Days Payable Range Over the Past 10 Years
Min: 14.35   Med: 37.3   Max: 82.87
Current: 58.47

During the past 13 years, Chengtun Mining Group Co's highest Days Payable was 82.87. The lowest was 14.35. And the median was 37.30.

SHSE:600711's Days Payable is ranked worse than
69.14% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs SHSE:600711: 58.47

Chengtun Mining Group Co's Days Payable declined from Mar. 2025 (78.66) to Mar. 2026 (54.11). It may suggest that Chengtun Mining Group Co accelerated paying its suppliers.


Chengtun Mining Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chengtun Mining Group 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.

Chengtun Mining Group Co Days Payable Chart

Chengtun Mining Group 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 36.35 72.57 82.87 75.82 61.60

Chengtun Mining Group 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 78.66 60.42 63.79 59.00 54.11

Chengtun Mining Group Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Chengtun Mining Group 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.


Chengtun Mining Group Co Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Chengtun Mining Group Co's Days Payable falls into.


SHSE:600711
57GF Score
Chengtun Mining Group Co Ltd SHSE:600711
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengtun Mining Group 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.

Chengtun Mining Group 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
=( (3696.067 + 4494.462) / 2 ) / 24264.966*365
=4095.2645 / 24264.966*365
=61.60

Chengtun Mining Group 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
=( (4494.462 + 3886.542) / 2 ) / 7067.051*365 / 4
=4190.502 / 7067.051*365 / 4
=54.11

* 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 54.11 mean?
Chengtun Mining Group Co (SHSE:600711) has a Days Payable of 54.11 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 Chengtun Mining Group Co and its competitors. This is 45% above median its historical median of 37.30. Over the past decade, Chengtun Mining Group Co's Days Payable has ranged from 14.35 to 82.87. According to the industry distribution chart, Chengtun Mining Group Co ranks #735 out of 1063 companies in the Metals & Mining industry, placing it in the top 69.1%.
Is Chengtun Mining Group Co's Days Payable too high?
Chengtun Mining Group Co's current Days Payable of 54.11 is 45% above median its 10-year median of 37.30. Over the past 10 years, this metric has ranged from a low of 14.35 to a high of 82.87. The Metals & Mining industry median Days Payable is 125.60. Chengtun Mining Group Co's value of 54.11 is 56.9% below this industry median. Based on the distribution chart, Chengtun Mining Group Co ranks #735 out of 1063 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Chengtun Mining Group Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chengtun Mining Group Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Chengtun Mining Group Co ranks #735 out of 1063 companies for Days Payable. This places Chengtun Mining Group Co in the lower half of its industry. The industry median Days Payable is 125.60. Chengtun Mining Group Co's value of 54.11 is 56.9% below this benchmark. Historically, Chengtun Mining Group Co's own Days Payable has ranged from 14.35 to 82.87 over the past decade. While the company's 10-year median is 37.30 vs. the industry median of 125.60, Chengtun Mining Group 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. Chengtun Mining Group Co's current Days Payable of 54.11 is 56.9% 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 Chengtun Mining Group 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. Chengtun Mining Group Co's current Days Payable is 54.11, which is 45% above median its own 10-year median of 37.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengtun Mining Group Co stock overvalued right now?
Based on GuruFocus' analysis, Chengtun Mining Group Co (SHSE:600711) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.04, compared to a current price of ¥10.69 — trading 51.8% above its estimated fair value. The current Days Payable is 54.11, which is 45% above median its 10-year median of 37.30 and 56.9% below the Metals & Mining industry median of 125.60. Chengtun Mining Group Co's overall GF Score™ is 57/100 with 3 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 Chengtun Mining Group Co (SHSE:600711), the current Days Payable is 54.11 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 Chengtun Mining Group Co (SHSE:600711) Overvalued in 2026?

Based on GuruFocus' analysis, Chengtun Mining Group Co stock appears to be overvalued. The current stock price of ¥10.69 is trading 51.8% above its estimated GF Value™ of ¥7.04. GuruFocus considers Chengtun Mining Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600711:

  • Days Payable: 54.11 (45% above median its 10-year median of 37.30)
  • GF Value™: ¥7.04 vs. price of ¥10.69 (51.8% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 56.9% below the Metals & Mining median (#735 of 1063)

No single metric tells the full story. See the SHSE:600711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengtun Mining Group Co Business Description

Address Hubin North Road, Zhongmin Building 9F, Unit 2, Xiamen, Fujian, CHN, 361012
Chengtun Mining Group Co Ltd conducts metal mining and operation businesses. It provides non-ferrous metal mining, minerals trading, and metal financial services. The company provides services for worldwide customers.
57GF Score

Get the complete analysis for SHSE:600711

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

¥10.69
Price
¥7.04
GF Value