Argo GoldARBTF Days Payable is 97.77 as of Dec. 2025, which is 99% below its 10-year median of 13,340.75. The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Argo Gold ranks better than 53.57% on this metric.
Argo Gold's average Accounts Payable for the
three
months ended in Dec. 2025 was $0.26 Mil. Argo Gold's Cost of Goods Sold for the
three
months ended in Dec. 2025 was $0.25 Mil.
Hence, Argo Gold's Days Payable for the
three
months ended in Dec. 2025 was 97.77.
The historical rank and industry rank for Argo Gold's Days Payable or its related term are showing as below:
ARBTF'
s Days Payable Range Over the Past 10 Years
Min: 146.36 Med: 13340.75 Max: 26584.17
Current: 158.7
During the past 13 years, Argo Gold's highest Days Payable was 26584.17. The lowest was 146.36. And the median was 13340.75.
ARBTF's Days Payable is ranked better than 53.57% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs ARBTF: 158.70
Argo Gold's Days Payable
increased
from Dec. 2024 (79.30) to Dec. 2025 (97.77).
It may suggest that Argo Golddelayed paying its suppliers.
Argo Gold Days Payable Related Terms
Argo Gold Days Payable Historical Data
* Premium members only.
The historical data trend for Argo Gold'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.
For the Gold subindustry, Argo Gold'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.
Argo Gold Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Argo Gold's Days Payable distribution charts can be found below:
* The bar in red indicates where Argo Gold's Days Payable falls into.
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.
Argo Gold's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Argo Gold (ARBTF) has a Days Payable of 97.77 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Argo Gold and its competitors. This is 99% below median its historical median of 13,340.75. Over the past decade, Argo Gold's Days Payable has ranged from 146.36 to 26,584.17. According to the industry distribution chart, Argo Gold ranks #494 out of 1064 companies in the Metals & Mining industry, placing it in the top 46.4%.
Is Argo Gold's Days Payable too high?
Argo Gold's current Days Payable of 97.77 is 99% below median its 10-year median of 13,340.75. Over the past 10 years, this metric has ranged from a low of 146.36 to a high of 26,584.17. The Metals & Mining industry median Days Payable is 127.62. Argo Gold's value of 97.77 is 23.4% below this industry median. Based on the distribution chart, Argo Gold ranks #494 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Argo Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Argo Gold ranks #494 out of 1064 companies for Days Payable. This puts Argo Gold in the upper half of its industry. The industry median Days Payable is 127.62. Argo Gold's value of 97.77 is 23.4% below this benchmark. Historically, Argo Gold's own Days Payable has ranged from 146.36 to 26,584.17 over the past decade. While the company's 10-year median is 13,340.75 vs. the industry median of 127.62, Argo Gold 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 127.62, 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. Argo Gold's current Days Payable of 97.77 is 23.4% 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 Argo Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Gold's current Days Payable is 97.77, which is 99% below median its own 10-year median of 13,340.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Based on GuruFocus' analysis, Argo Gold (ARBTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.06 — trading 27.8% above its estimated fair value. The current Days Payable is 97.77, which is 99% below median its 10-year median of 13,340.75 and 23.4% below the Metals & Mining industry median of 127.62. 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 Argo Gold (ARBTF), the current Days Payable is 97.77 as of Dec. 2025. 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.
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.
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