Fortress Minerals (SGX:OAJ) Accounts Payable: S$2.67 Mil (As of May. 2026)

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SGX:OAJ Fortress Minerals Ltd SGX:OAJ
53 GF Score
Price S$0.22
GF Value S$0.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fortress Minerals Accounts Payable?

Fortress Minerals SGX:OAJ 53 Accounts Payable is S$2.67 Mil as of May. 2026. GuruFocus rates SGX:OAJ with a GF Score™ of 53/100 and a GF Value™ of S$0.32 (Possible Value Trap). The stock has 4 warning signs investors should review.

Fortress Minerals's Accounts Payable for the quarter that ended in May. 2026 was S$2.67 Mil.

Fortress Minerals's quarterly Accounts Payable increased from Nov. 2025 (S$1.44 Mil) to Feb. 2026 (S$1.68 Mil) and increased from Feb. 2026 (S$1.68 Mil) to May. 2026 (S$2.67 Mil).

Fortress Minerals's annual Accounts Payable increased from Feb. 2024 (S$1.59 Mil) to Feb. 2025 (S$2.51 Mil) but then declined from Feb. 2025 (S$2.51 Mil) to Feb. 2026 (S$1.68 Mil).

Fortress Minerals Accounts Payable Related Terms

Fortress Minerals Accounts Payable Historical Data

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The historical data trend for Fortress Minerals's Accounts 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.

Fortress Minerals Accounts Payable Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.67 1.59 2.51 1.68

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accounts 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 1.05 1.52 1.44 1.68 2.67
SGX:OAJ
53GF Score
Fortress Minerals Ltd SGX:OAJ
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Minerals Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of S$2.67 Mil mean?
Fortress Minerals (SGX:OAJ) has a Accounts Payable of S$2.67 Mil as of May. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortress Minerals and its competitors.
Is Fortress Minerals' Accounts Payable too high?
Fortress Minerals' current Accounts Payable is S$2.67 Mil. Overall, Fortress Minerals has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Accounts Payable compare to NUE and STLD?
Fortress Minerals' Accounts Payable of S$2.67 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Steel company?
A good Accounts Payable depends on the Steel industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortress Minerals and its competitors. Fortress Minerals's current Accounts Payable is S$2.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.32, compared to a current price of S$0.22 — trading 31.3% below its estimated fair value. The current Accounts Payable is S$2.67 Mil. Fortress Minerals' overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Fortress Minerals (SGX:OAJ), the current Accounts Payable is S$2.67 Mil as of May. 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.22 is trading 31.3% below its estimated GF Value™ of S$0.32. GuruFocus considers Fortress Minerals to be Possible Value Trap.

Key valuation signals for SGX:OAJ:

  • Accounts Payable: S$2.67 Mil
  • GF Value™: S$0.32 vs. price of S$0.22 (31.3% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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

Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
53GF Score

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

S$0.22
Price
S$0.32
GF Value