Element 29 ResourcesEMTRF +0.45%35 Days Payable is 7,697.59 as of Mar. 2026, which is 24% above its 10-year median of 6,191.73. GuruFocus rates EMTRF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Element 29 Resources ranks better than 78.85% on this metric.
The historical rank and industry rank for Element 29 Resources's Days Payable or its related term are showing as below:
EMTRF'
s Days Payable Range Over the Past 10 Years
Min: 1790.97 Med: 6191.73 Max: 34748
Current: 3990.11
During the past 7 years, Element 29 Resources's highest Days Payable was 34748.00. The lowest was 1790.97. And the median was 6191.73.
EMTRF's Days Payable is ranked better than 78.85% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs EMTRF: 3990.11
Element 29 Resources's Days Payable
increased
from Mar. 2025 (1,675.09) to Mar. 2026 (7,697.59).
It may suggest that Element 29 Resourcesdelayed paying its suppliers.
Element 29 Resources Days Payable Related Terms
Element 29 Resources Days Payable Historical Data
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The historical data trend for Element 29 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.
For the Copper subindustry, Element 29 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.
Element 29 Resources Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's Days Payable distribution charts can be found below:
* The bar in red indicates where Element 29 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.
Element 29 Resources's Days Payable for the fiscal year that ended in Dec. 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.
Element 29 Resources (EMTRF) has a Days Payable of 7,697.59 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 Element 29 Resources and its competitors. This is 24% above median its historical median of 6,191.73. Over the past decade, Element 29 Resources' Days Payable has ranged from 1,790.97 to 34,748.00. According to the industry distribution chart, Element 29 Resources ranks #225 out of 1064 companies in the Metals & Mining industry, placing it in the top 21.1%.
Is Element 29 Resources' Days Payable too high?
Element 29 Resources' current Days Payable of 7,697.59 is 24% above median its 10-year median of 6,191.73. Over the past 10 years, this metric has ranged from a low of 1,790.97 to a high of 34,748.00. The Metals & Mining industry median Days Payable is 126.89. Element 29 Resources' value of 7,697.59 is 5966.6% above this industry median. Based on the distribution chart, Element 29 Resources ranks #225 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Element 29 Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Element 29 Resources' Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Element 29 Resources ranks #225 out of 1064 companies for Days Payable. This places Element 29 Resources in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.89. Element 29 Resources' value of 7,697.59 is 5966.6% above this benchmark. Historically, Element 29 Resources' own Days Payable has ranged from 1,790.97 to 34,748.00 over the past decade. While the company's 10-year median is 6,191.73 vs. the industry median of 126.89, Element 29 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. Element 29 Resources's current Days Payable of 7,697.59 is 5966.6% 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 Element 29 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. Element 29 Resources's current Days Payable is 7,697.59, which is 24% above median its own 10-year median of 6,191.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element 29 Resources stock overvalued right now?
Element 29 Resources (EMTRF) has a current Days Payable of 7,697.59. The current Days Payable is 7,697.59, which is 24% above median its 10-year median of 6,191.73 and 5966.6% above the Metals & Mining industry median of 126.89. Element 29 Resources' overall GF Score™ is 35/100 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 Element 29 Resources (EMTRF), the current Days Payable is 7,697.59 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.
Element 29 Resources Inc is focused on the exploration of mineral property interests in Peru. The Company has one business segment, the exploration of mineral properties. The Company is focused on growing its porphyry copper-molybdenum-silver resource inventory at Elida while continuing to explore for new porphyry copper deposits on its titled concessions in Peru. Its projects include the Flor de Cobre copper project, Elida copper project, Pahuay copper skarn project, and Paka copper skarn project.
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