Signature Resources (FRA:3S30) Days Payable: 410.63 (As of Apr. 2026) — 45% Below Median

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What is Signature Resources Days Payable?

Signature Resources FRA:3S30 -26.92% Days Payable is 410.63 as of Apr. 2026, which is 45% below its 10-year median of 741.81. The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Signature Resources ranks better than 62.91% on this metric.

Signature Resources's average Accounts Payable for the three months ended in Apr. 2026 was €0.19 Mil. Signature Resources's Cost of Goods Sold for the three months ended in Apr. 2026 was €0.04 Mil. Hence, Signature Resources's Days Payable for the three months ended in Apr. 2026 was 410.63.

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

FRA:3S30' s Days Payable Range Over the Past 10 Years
Min: 262.64   Med: 741.81   Max: 5573.27
Current: 520.09

During the past 13 years, Signature Resources's highest Days Payable was 5573.27. The lowest was 262.64. And the median was 741.81.

FRA:3S30's Days Payable is ranked better than
62.91% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs FRA:3S30: 520.09

Signature Resources's Days Payable declined from Apr. 2025 (502.85) to Apr. 2026 (410.63). It may suggest that Signature Resources accelerated paying its suppliers.


Signature Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Signature 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.

Signature Resources Days Payable Chart

Signature Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 774.36 426.52 336.18 265.85 689.89

Signature Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 502.85 402.86 704.21 753.34 410.63

FRA:3S30 vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Signature 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.


Signature Resources Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Signature Resources's Days Payable falls into.



Signature Resources 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.

Signature Resources's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (0.213 + 0.475) / 2 ) / 0.182*365
=0.344 / 0.182*365
=689.89

Signature Resources's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (0.235 + 0.152) / 2 ) / 0.043*365 / 4
=0.1935 / 0.043*365 / 4
=410.63

* 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 410.63 mean?
Signature Resources (FRA:3S30) has a Days Payable of 410.63 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 Signature Resources and its competitors. This is 45% below median its historical median of 741.81. Over the past decade, Signature Resources' Days Payable has ranged from 262.64 to 5,573.27. According to the industry distribution chart, Signature Resources ranks #395 out of 1065 companies in the Metals & Mining industry, placing it in the top 37.1%.
Is Signature Resources' Days Payable too high?
Signature Resources' current Days Payable of 410.63 is 45% below median its 10-year median of 741.81. Over the past 10 years, this metric has ranged from a low of 262.64 to a high of 5,573.27. The Metals & Mining industry median Days Payable is 127.26. Signature Resources' value of 410.63 is 222.7% above this industry median. Based on the distribution chart, Signature Resources ranks #395 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Signature Resources' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Signature Resources ranks #395 out of 1065 companies for Days Payable. This puts Signature Resources in the upper half of its industry. The industry median Days Payable is 127.26. Signature Resources' value of 410.63 is 222.7% above this benchmark. Historically, Signature Resources' own Days Payable has ranged from 262.64 to 5,573.27 over the past decade. While the company's 10-year median is 741.81 vs. the industry median of 127.26, Signature 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 127.26, based on 1,065 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. Signature Resources's current Days Payable of 410.63 is 222.7% 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 Signature Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Resources's current Days Payable is 410.63, which is 45% below median its own 10-year median of 741.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Resources stock overvalued right now?
Signature Resources (FRA:3S30) has a current Days Payable of 410.63. The current Days Payable is 410.63, which is 45% below median its 10-year median of 741.81 and 222.7% above the Metals & Mining industry median of 127.26. 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 Signature Resources (FRA:3S30), the current Days Payable is 410.63 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.

Signature Resources Business Description

Other Exchanges SGGTF:USASGU:Canada
Address 885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1
Signature Resources Ltd is a Canadian based exploration company focused on expanding the hundred percent owned Lingman Lake Gold zone, located within the prolific Red Lake district in Northwestern Ontario, Canada. The companies principal business activities include the acquisition and exploration of mineral resource assets in Canada, with a focus on precious metals. The project has a Two hundred thirty four thousand ounces of historical high-grade gold resource that is contained within the first one hundred eighty meters of surface and open in all directions.