Commerce ResourcesCMRZF 19 Days Payable is 5,619.48 as of Apr. 2026, which is 62% below its 10-year median of 14,936.20. GuruFocus rates CMRZF with a GF Score™ of 19/100. Among 1,064 Metals & Mining companies, Commerce Resources ranks better than 90.51% on this metric.
The historical rank and industry rank for Commerce Resources's Days Payable or its related term are showing as below:
CMRZF'
s Days Payable Range Over the Past 10 Years
Min: 9361.76 Med: 14936.2 Max: 23669.24
Current: 16253.97
During the past 13 years, Commerce Resources's highest Days Payable was 23669.24. The lowest was 9361.76. And the median was 14936.20.
CMRZF's Days Payable is ranked better than 90.51% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs CMRZF: 16253.97
Commerce Resources's Days Payable
declined
from Apr. 2025 (18,987.60) to Apr. 2026 (5,619.48).
It may suggest that Commerce Resourcesaccelerated paying its suppliers.
Commerce Resources Days Payable Related Terms
Commerce Resources Days Payable Historical Data
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The historical data trend for Commerce Resources'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.
Commerce Resources Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Commerce Resources'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.
Commerce Resources Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Commerce Resources's Days Payable distribution charts can be found below:
* The bar in red indicates where Commerce Resources'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.
Commerce Resources's Days Payable for the fiscal year that ended in Oct. 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.
Commerce Resources (CMRZF) has a Days Payable of 5,619.48 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Commerce Resources and its competitors. This is 62% below median its historical median of 14,936.20. Over the past decade, Commerce Resources' Days Payable has ranged from 9,361.76 to 23,669.24. According to the industry distribution chart, Commerce Resources ranks #101 out of 1064 companies in the Metals & Mining industry, placing it in the top 9.5%.
Is Commerce Resources' Days Payable too high?
Commerce Resources' current Days Payable of 5,619.48 is 62% below median its 10-year median of 14,936.20. Over the past 10 years, this metric has ranged from a low of 9,361.76 to a high of 23,669.24. The Metals & Mining industry median Days Payable is 126.89. Commerce Resources' value of 5,619.48 is 4328.8% above this industry median. Based on the distribution chart, Commerce Resources ranks #101 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Commerce Resources has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Commerce Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Commerce Resources ranks #101 out of 1064 companies for Days Payable. This places Commerce Resources in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.89. Commerce Resources' value of 5,619.48 is 4328.8% above this benchmark. Historically, Commerce Resources' own Days Payable has ranged from 9,361.76 to 23,669.24 over the past decade. While the company's 10-year median is 14,936.20 vs. the industry median of 126.89, Commerce Resources 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 126.89, 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. Commerce Resources's current Days Payable of 5,619.48 is 4328.8% 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 Commerce Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce Resources's current Days Payable is 5,619.48, which is 62% below median its own 10-year median of 14,936.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Resources stock overvalued right now?
Commerce Resources (CMRZF) has a current Days Payable of 5,619.48. The current Days Payable is 5,619.48, which is 62% below median its 10-year median of 14,936.20 and 4328.8% above the Metals & Mining industry median of 126.89. Commerce Resources' overall GF Score™ is 19/100. 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 Commerce Resources (CMRZF), the current Days Payable is 5,619.48 as of Apr. 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.
Mont Royal Resources Ltd is a critical minerals development and exploration company with projects in Quebec, Canada. Company's projects include also includes the Eldor Niobium Project, located adjacent to Ashram, and the Northern Lights Lithium Project, located in the world-class James Bay region of Quebec, creating a diversified platform aligned the clean energy transition.
19GF Score
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