Ridgeline Minerals (FRA:0GC0) Days Payable: 2,579.33 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0GC0 Ridgeline Minerals Corp FRA:0GC0
26 GF Score
Price €0.15
View Full Analysis

What is Ridgeline Minerals Days Payable?

Ridgeline Minerals FRA:0GC0 -1.36% 26 Days Payable is 2,579.33 as of Jun. 2026. GuruFocus rates FRA:0GC0 with a GF Score™ of 26/100. Among 1,071 Metals & Mining companies, Ridgeline Minerals ranks better than 73.39% on this metric.

Ridgeline Minerals's average Accounts Payable for the three months ended in Jun. 2026 was €0.42 Mil. Ridgeline Minerals's Cost of Goods Sold for the three months ended in Jun. 2026 was €0.02 Mil. Hence, Ridgeline Minerals's Days Payable for the three months ended in Jun. 2026 was 2,579.33.

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

FRA:0GC0' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2255.77
Current: 2255.77

During the past 7 years, Ridgeline Minerals's highest Days Payable was 2255.77. The lowest was 0.00. And the median was 0.00.

FRA:0GC0's Days Payable is ranked better than
73.39% of 1071 companies
in the Metals & Mining industry
Industry Median: 121.7 vs FRA:0GC0: 2255.77

Ridgeline Minerals's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (2,579.33). It may suggest that Ridgeline Minerals delayed paying its suppliers.


Ridgeline Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Ridgeline Minerals'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.

Ridgeline Minerals Days Payable Chart

Ridgeline Minerals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ridgeline Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2,579.33

FRA:0GC0 vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Ridgeline Minerals'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.


Ridgeline Minerals Days Payable vs Metals & Mining Industry

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

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


FRA:0GC0
26GF Score
Ridgeline Minerals Corp FRA:0GC0
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ridgeline Minerals 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.

Ridgeline Minerals'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 + 0) / 1 ) / 0.075*365
=0 / 0.075*365
=0.00

Ridgeline Minerals's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 0.424) / 1 ) / 0.015*365 / 4
=0.424 / 0.015*365 / 4
=2,579.33

* 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 2,579.33 mean?
Ridgeline Minerals (FRA:0GC0) has a Days Payable of 2,579.33 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ridgeline Minerals and its competitors. According to the industry distribution chart, Ridgeline Minerals ranks #285 out of 1071 companies in the Metals & Mining industry, placing it in the top 26.6%.
Is Ridgeline Minerals' Days Payable too high?
Ridgeline Minerals' current Days Payable is 2,579.33. The Metals & Mining industry median Days Payable is 121.70. Ridgeline Minerals' value of 2,579.33 is 2019.4% above this industry median. Based on the distribution chart, Ridgeline Minerals ranks #285 out of 1071 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ridgeline Minerals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Ridgeline Minerals' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ridgeline Minerals ranks #285 out of 1071 companies for Days Payable. This puts Ridgeline Minerals in the upper half of its industry. The industry median Days Payable is 121.70. Ridgeline Minerals' value of 2,579.33 is 2019.4% above this benchmark. 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 121.70, based on 1,071 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. Ridgeline Minerals's current Days Payable of 2,579.33 is 2019.4% 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 Ridgeline Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 121.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ridgeline Minerals's current Days Payable is 2,579.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridgeline Minerals stock overvalued right now?
Ridgeline Minerals (FRA:0GC0) has a current Days Payable of 2,579.33. The current Days Payable is 2,579.33 and 2019.4% above the Metals & Mining industry median of 121.70. Ridgeline Minerals' overall GF Score™ is 26/100. 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 Ridgeline Minerals (FRA:0GC0), the current Days Payable is 2,579.33 as of Jun. 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.

Ridgeline Minerals Business Description

Other Exchanges RDGMF:USARDG:Canada
Address 1066 West Hastings Street, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Ridgeline Minerals Corp is a discovery-focused gold-silver explorer company. It is focused on the exploration of mineral property interests in the states of Nevada and Idaho, United States. Its projects include: Swift Project; Selena Project; Bell Creek Project, Atlas Project; Big Blue Project; and Black Ridge Project.
26GF Score

Get the complete analysis for FRA:0GC0

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.15
Price