What is Progressive Planet Solutions Days Payable?
Progressive Planet SolutionsASHXF -3.54%34 Days Payable is 46.10 as of Jan. 2026, which is 93% below its 10-year median of 626.23. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Progressive Planet Solutions ranks worse than 74.34% on this metric.
* 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.
Progressive Planet Solutions Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.
Progressive Planet Solutions Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where Progressive Planet Solutions's Days Payable falls into.
Progressive Planet Solutions 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.
* 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.
Progressive Planet Solutions (ASHXF) has a Days Payable of 46.10 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Progressive Planet Solutions and its competitors. This is 93% below median its historical median of 626.23. Over the past decade, Progressive Planet Solutions' Days Payable has ranged from 47.01 to 184,872.50. According to the industry distribution chart, Progressive Planet Solutions ranks #791 out of 1064 companies in the Metals & Mining industry, placing it in the top 74.3%.
Is Progressive Planet Solutions' Days Payable too high?
Progressive Planet Solutions' current Days Payable of 46.10 is 93% below median its 10-year median of 626.23. Over the past 10 years, this metric has ranged from a low of 47.01 to a high of 184,872.50. The Metals & Mining industry median Days Payable is 127.62. Progressive Planet Solutions' value of 46.10 is 63.9% below this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #791 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #791 out of 1064 companies for Days Payable. This places Progressive Planet Solutions in the lower half of its industry. The industry median Days Payable is 127.62. Progressive Planet Solutions' value of 46.10 is 63.9% below this benchmark. Historically, Progressive Planet Solutions' own Days Payable has ranged from 47.01 to 184,872.50 over the past decade. While the company's 10-year median is 626.23 vs. the industry median of 127.62, Progressive Planet Solutions 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. Progressive Planet Solutions's current Days Payable of 46.10 is 63.9% 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 Progressive Planet Solutions 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. Progressive Planet Solutions's current Days Payable is 46.10, which is 93% below median its own 10-year median of 626.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Days Payable is 46.10, which is 93% below median its 10-year median of 626.23 and 63.9% below the Metals & Mining industry median of 127.62. Progressive Planet Solutions' overall GF Score™ is 34/100 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 Progressive Planet Solutions (ASHXF), the current Days Payable is 46.10 as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued.
The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14.
GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.
Key valuation signals for ASHXF:
Days Payable: 46.10 (93% below median its 10-year median of 626.23)
GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
Industry Position: 63.9% below the Metals & Mining median (#791 of 1064)
No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
34GF Score
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