Citigold (ASX:CTO) Days Payable: 8,526.40 (As of Dec. 2025) — 37% Above Median


What is Citigold Days Payable?

Citigold ASX:CTO -13.04% Days Payable is 8,526.40 as of Dec. 2025, which is 37% above its 10-year median of 6,224.26. The stock has 5 warning signs investors should review. Among 1,065 Metals & Mining companies, Citigold ranks better than 90.89% on this metric.

Citigold's average Accounts Payable for the six months ended in Dec. 2025 was A$2.34 Mil. Citigold's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.05 Mil. Hence, Citigold's Days Payable for the six months ended in Dec. 2025 was 8,526.40.

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

ASX:CTO' s Days Payable Range Over the Past 10 Years
Min: 4795.69   Med: 6224.26   Max: 17186.63
Current: 17186.63

During the past 13 years, Citigold's highest Days Payable was 17186.63. The lowest was 4795.69. And the median was 6224.26.

ASX:CTO's Days Payable is ranked better than
90.89% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs ASX:CTO: 17186.63

Citigold's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (8,526.40). It may suggest that Citigold delayed paying its suppliers.


Citigold Days Payable Historical Data

* Premium members only.

The historical data trend for Citigold'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.

Citigold Days Payable Chart

Citigold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4,795.69 7,652.83

Citigold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3,113.48 0.00 0.00 0.00 8,526.40

ASX:CTO vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Citigold'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.


Citigold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Citigold's Days Payable falls into.



Citigold 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.

Citigold's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1.561 + 2.213) / 2 ) / 0.09*365
=1.887 / 0.09*365
=7,652.83

Citigold's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.213 + 2.459) / 2 ) / 0.05*365 / 2
=2.336 / 0.05*365 / 2
=8,526.40

* 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 8,526.40 mean?
Citigold (ASX:CTO) has a Days Payable of 8,526.40 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 Citigold and its competitors. This is 37% above median its historical median of 6,224.26. Over the past decade, Citigold's Days Payable has ranged from 4,795.69 to 17,186.63. According to the industry distribution chart, Citigold ranks #97 out of 1065 companies in the Metals & Mining industry, placing it in the top 9.1%.
Is Citigold's Days Payable too high?
Citigold's current Days Payable of 8,526.40 is 37% above median its 10-year median of 6,224.26. Over the past 10 years, this metric has ranged from a low of 4,795.69 to a high of 17,186.63. The Metals & Mining industry median Days Payable is 127.26. Citigold's value of 8,526.40 is 6600% above this industry median. Based on the distribution chart, Citigold ranks #97 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Citigold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Citigold ranks #97 out of 1065 companies for Days Payable. This places Citigold in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.26. Citigold's value of 8,526.40 is 6600% above this benchmark. Historically, Citigold's own Days Payable has ranged from 4,795.69 to 17,186.63 over the past decade. While the company's 10-year median is 6,224.26 vs. the industry median of 127.26, Citigold has consistently been above 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 127.26, based on 1,065 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. Citigold's current Days Payable of 8,526.40 is 6600% above 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 Citigold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citigold's current Days Payable is 8,526.40, which is 37% above median its own 10-year median of 6,224.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citigold stock overvalued right now?
Citigold (ASX:CTO) has a current Days Payable of 8,526.40. The current Days Payable is 8,526.40, which is 37% above median its 10-year median of 6,224.26 and 6600% above the Metals & Mining industry median of 127.26. 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 Citigold (ASX:CTO), the current Days Payable is 8,526.40 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.

Citigold Business Description

Other Exchanges CTOHF:USACHP:Germany
Address 1024 Ann Street, Level 1, Fortitude Valley, PO Box 1133, Brisbane, QLD, AUS, 4006
Citigold Corp Ltd is a gold mining, exploration, and development company. It is engaged in the mining and exploratory activities of the Charters Towers goldfield located in northeast Australia. The main asset of the company is the Charters Towers Gold Project, comprising the gold deposit. It operates only in Australia.