CTGCF (Centenario Gold) Days Payable: 2,798.33 (As of Mar. 2026) — 66% Below Median


CTGCF Centenario Gold Corp CTGCF
14 GF Score
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What is Centenario Gold Days Payable?

Centenario Gold CTGCF 14 Days Payable is 2,798.33 as of Mar. 2026, which is 66% below its 10-year median of 8,293.61. GuruFocus rates CTGCF with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Centenario Gold ranks better than 89.85% on this metric.

Centenario Gold's average Accounts Payable for the three months ended in Mar. 2026 was $0.09 Mil. Centenario Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, Centenario Gold's Days Payable for the three months ended in Mar. 2026 was 2,798.33.

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

CTGCF' s Days Payable Range Over the Past 10 Years
Min: 1522.13   Med: 8293.61   Max: 14618.25
Current: 14618.25

During the past 6 years, Centenario Gold's highest Days Payable was 14618.25. The lowest was 1522.13. And the median was 8293.61.

CTGCF's Days Payable is ranked better than
89.85% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs CTGCF: 14618.25

Centenario Gold's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (2,798.33). It may suggest that Centenario Gold delayed paying its suppliers.


Centenario Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Centenario 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.

Centenario Gold Days Payable Chart

Centenario Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 1,506.93 7,847.50 7,117.50 0.00

Centenario Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 2,798.33

CTGCF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Centenario 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.


Centenario Gold Days Payable vs Metals & Mining Industry

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

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


CTGCF
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Centenario Gold Corp CTGCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Centenario Gold 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.

Centenario Gold's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.017 + 0.099) / 2 ) / 0*365
=0.058 / 0*365
=N/A

Centenario Gold's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.099 + 0.085) / 2 ) / 0.003*365 / 4
=0.092 / 0.003*365 / 4
=2,798.33

* 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 2,798.33 mean?
Centenario Gold (CTGCF) has a Days Payable of 2,798.33 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 Centenario Gold and its competitors. This is 66% below median its historical median of 8,293.61. Over the past decade, Centenario Gold's Days Payable has ranged from 1,522.13 to 14,618.25. According to the industry distribution chart, Centenario Gold ranks #108 out of 1064 companies in the Metals & Mining industry, placing it in the top 10.2%.
Is Centenario Gold's Days Payable too high?
Centenario Gold's current Days Payable of 2,798.33 is 66% below median its 10-year median of 8,293.61. Over the past 10 years, this metric has ranged from a low of 1,522.13 to a high of 14,618.25. The Metals & Mining industry median Days Payable is 127.62. Centenario Gold's value of 2,798.33 is 2092.7% above this industry median. Based on the distribution chart, Centenario Gold ranks #108 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Centenario Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Centenario Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Centenario Gold ranks #108 out of 1064 companies for Days Payable. This places Centenario Gold in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.62. Centenario Gold's value of 2,798.33 is 2092.7% above this benchmark. Historically, Centenario Gold's own Days Payable has ranged from 1,522.13 to 14,618.25 over the past decade. While the company's 10-year median is 8,293.61 vs. the industry median of 127.62, Centenario Gold 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. Centenario Gold's current Days Payable of 2,798.33 is 2092.7% 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 Centenario 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. Centenario Gold's current Days Payable is 2,798.33, which is 66% below median its own 10-year median of 8,293.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centenario Gold stock overvalued right now?
Centenario Gold (CTGCF) has a current Days Payable of 2,798.33. The current Days Payable is 2,798.33, which is 66% below median its 10-year median of 8,293.61 and 2092.7% above the Metals & Mining industry median of 127.62. Centenario Gold's overall GF Score™ is 14/100 with 2 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 Centenario Gold (CTGCF), the current Days Payable is 2,798.33 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.

Centenario Gold Business Description

Other Exchanges CTG:Canada
Address 1150-1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Centenario Gold Corp is an exploration stage company engaged in the acquisition and exploration of mineral properties. Its principal business is to acquire, explore and develop interests in mineral projects in Canada and Mexico. The Company operates in one industry segment, being the acquisition and exploration of mineral properties in Canada and Mexico. Its properties include the Cabot Mineral Project (the Cabot Property) and the Los Reyes Property, Chihuahua, Mexico.
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