Western Mining Co (SHSE:601168) Days Payable: 19.60 (As of Mar. 2026) — 40% Below Median

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SHSE:601168 Western Mining Co Ltd SHSE:601168
77 GF Score
Price ¥31.65
GF Value ¥23.05
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Western Mining Co Days Payable?

Western Mining Co SHSE:601168 -6.47% 77 Days Payable is 19.60 as of Mar. 2026, which is 40% below its 10-year median of 32.44. GuruFocus rates SHSE:601168 with a GF Score™ of 77/100 and a GF Value™ of ¥23.05 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Western Mining Co ranks worse than 90.88% on this metric.

Western Mining Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,113 Mil. Western Mining Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥14,492 Mil. Hence, Western Mining Co's Days Payable for the three months ended in Mar. 2026 was 19.60.

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

SHSE:601168' s Days Payable Range Over the Past 10 Years
Min: 20.93   Med: 32.44   Max: 37.72
Current: 20.93

During the past 13 years, Western Mining Co's highest Days Payable was 37.72. The lowest was 20.93. And the median was 32.44.

SHSE:601168's Days Payable is ranked worse than
90.88% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.055 vs SHSE:601168: 20.93

Western Mining Co's Days Payable declined from Mar. 2025 (20.63) to Mar. 2026 (19.60). It may suggest that Western Mining Co accelerated paying its suppliers.


Western Mining Co Days Payable Historical Data

* Premium members only.

The historical data trend for Western Mining 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.

Western Mining Co Days Payable Chart

Western Mining 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 33.27 37.72 35.01 28.48 23.85

Western Mining 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 20.63 21.83 18.07 24.79 19.60

Western Mining Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Western Mining 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.


Western Mining Co Days Payable vs Metals & Mining Industry

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

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


SHSE:601168
77GF Score
Western Mining Co Ltd SHSE:601168
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Mining 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.

Western Mining 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
=( (3337.943 + 3145.826) / 2 ) / 49617.386*365
=3241.8845 / 49617.386*365
=23.85

Western Mining 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
=( (3145.826 + 3080.722) / 2 ) / 14491.967*365 / 4
=3113.274 / 14491.967*365 / 4
=19.60

* 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 19.60 mean?
Western Mining Co (SHSE:601168) has a Days Payable of 19.60 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 Western Mining Co and its competitors. This is 40% below median its historical median of 32.44. Over the past decade, Western Mining Co's Days Payable has ranged from 20.93 to 37.72. According to the industry distribution chart, Western Mining Co ranks #967 out of 1064 companies in the Metals & Mining industry, placing it in the top 90.9%.
Is Western Mining Co's Days Payable too high?
Western Mining Co's current Days Payable of 19.60 is 40% below median its 10-year median of 32.44. Over the past 10 years, this metric has ranged from a low of 20.93 to a high of 37.72. The Metals & Mining industry median Days Payable is 126.06. Western Mining Co's value of 19.60 is 84.5% below this industry median. Based on the distribution chart, Western Mining Co ranks #967 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Western Mining Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Mining Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Western Mining Co ranks #967 out of 1064 companies for Days Payable. This places Western Mining Co in the lower half of its industry. The industry median Days Payable is 126.06. Western Mining Co's value of 19.60 is 84.5% below this benchmark. Historically, Western Mining Co's own Days Payable has ranged from 20.93 to 37.72 over the past decade. While the company's 10-year median is 32.44 vs. the industry median of 126.06, Western Mining 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 126.06, 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. Western Mining Co's current Days Payable of 19.60 is 84.5% 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 Western Mining Co and its competitors. For the Metals & Mining industry, the median Days Payable is 126.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Mining Co's current Days Payable is 19.60, which is 40% below median its own 10-year median of 32.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Western Mining Co (SHSE:601168) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥23.05, compared to a current price of ¥31.65 — trading 37.3% above its estimated fair value. The current Days Payable is 19.60, which is 40% below median its 10-year median of 32.44 and 84.5% below the Metals & Mining industry median of 126.06. Western Mining Co's overall GF Score™ is 77/100 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 Western Mining Co (SHSE:601168), the current Days Payable is 19.60 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 Western Mining Co (SHSE:601168) Overvalued in 2026?

Based on GuruFocus' analysis, Western Mining Co stock appears to be overvalued. The current stock price of ¥31.65 is trading 37.3% above its estimated GF Value™ of ¥23.05. GuruFocus considers Western Mining Co to be Significantly Overvalued.

Key valuation signals for SHSE:601168:

  • Days Payable: 19.60 (40% below median its 10-year median of 32.44)
  • GF Value™: ¥23.05 vs. price of ¥31.65 (37.3% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 84.5% below the Metals & Mining median (#967 of 1064)

No single metric tells the full story. See the SHSE:601168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Mining Co Business Description

Address No. 4, Wenyi Road, Building 1, Xikuang Haihu Business Center, Haihu New District, Qinghai Province, Xining, CHN, 810001
Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four trading sectors: mining, smelting, trade, and finance.
77GF Score

Get the complete analysis for SHSE:601168

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

¥31.65
Price
¥23.05
GF Value