Legacy Iron OreASX:LCY Days Payable is 464.79 as of Mar. 2026, which is 23% below its 10-year median of 599.82. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Legacy Iron Ore ranks better than 66.07% on this metric.
The historical rank and industry rank for Legacy Iron Ore's Days Payable or its related term are showing as below:
ASX:LCY'
s Days Payable Range Over the Past 10 Years
Min: 422.13 Med: 599.82 Max: 877.77
Current: 877.77
During the past 13 years, Legacy Iron Ore's highest Days Payable was 877.77. The lowest was 422.13. And the median was 599.82.
ASX:LCY's Days Payable is ranked better than 66.07% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs ASX:LCY: 877.77
Legacy Iron Ore's Days Payable
declined
from Mar. 2025 (468.40) to Mar. 2026 (464.79).
It may suggest that Legacy Iron Oreaccelerated paying its suppliers.
Legacy Iron Ore Days Payable Related Terms
Legacy Iron Ore Days Payable Historical Data
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The historical data trend for Legacy Iron Ore'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.
Legacy Iron Ore Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Legacy Iron Ore'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.
Legacy Iron Ore Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Legacy Iron Ore's Days Payable distribution charts can be found below:
* The bar in red indicates where Legacy Iron Ore'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.
Legacy Iron Ore's Days Payable for the fiscal year that ended in Mar. 2026 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.
Legacy Iron Ore (ASX:LCY) has a Days Payable of 464.79 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 Legacy Iron Ore and its competitors. This is 23% below median its historical median of 599.82. Over the past decade, Legacy Iron Ore's Days Payable has ranged from 422.13 to 877.77. According to the industry distribution chart, Legacy Iron Ore ranks #361 out of 1064 companies in the Metals & Mining industry, placing it in the top 33.9%.
Is Legacy Iron Ore's Days Payable too high?
Legacy Iron Ore's current Days Payable of 464.79 is 23% below median its 10-year median of 599.82. Over the past 10 years, this metric has ranged from a low of 422.13 to a high of 877.77. The Metals & Mining industry median Days Payable is 127.62. Legacy Iron Ore's value of 464.79 is 264.2% above this industry median. Based on the distribution chart, Legacy Iron Ore ranks #361 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Legacy Iron Ore's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Legacy Iron Ore ranks #361 out of 1064 companies for Days Payable. This puts Legacy Iron Ore in the upper half of its industry. The industry median Days Payable is 127.62. Legacy Iron Ore's value of 464.79 is 264.2% above this benchmark. Historically, Legacy Iron Ore's own Days Payable has ranged from 422.13 to 877.77 over the past decade. While the company's 10-year median is 599.82 vs. the industry median of 127.62, Legacy Iron Ore 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 127.62, 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. Legacy Iron Ore's current Days Payable of 464.79 is 264.2% 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 Legacy Iron Ore 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. Legacy Iron Ore's current Days Payable is 464.79, which is 23% below median its own 10-year median of 599.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Iron Ore stock overvalued right now?
Legacy Iron Ore (ASX:LCY) has a current Days Payable of 464.79. The current Days Payable is 464.79, which is 23% below median its 10-year median of 599.82 and 264.2% above 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 Legacy Iron Ore (ASX:LCY), the current Days Payable is 464.79 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.
Legacy Iron Ore Ltd is an active exploration and gold mining company with a diverse portfolio of prospective assets. The company owns a gold mine at Mount Celia and is advancing the development of additional gold, iron, and base metal assets in Western Australia through systematic exploration and mine development programs. Its portfolio comprises three key projects, namely Mt Bevan, South Laverton, and East Kimberley. The company has three reportable segments: Iron ore exploration and development in Australia; (ii) Gold exploration and development in Australia, and (iii) Base metals and other critical minerals (OCM) exploration and development in Australia. The majority of revenue is derived from the Gold segment.
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