Akobo Minerals ABFRA:643 -8.33%28 Days Payable is 1,561.99 as of Dec. 2025, which is 221% above its 10-year median of 486.67. GuruFocus rates FRA:643 with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 1,062 Metals & Mining companies, Akobo Minerals AB ranks better than 72.41% on this metric.
The historical rank and industry rank for Akobo Minerals AB's Days Payable or its related term are showing as below:
FRA:643'
s Days Payable Range Over the Past 10 Years
Min: 6.94 Med: 486.67 Max: 225813.33
Current: 2084.12
During the past 7 years, Akobo Minerals AB's highest Days Payable was 225813.33. The lowest was 6.94. And the median was 486.67.
FRA:643's Days Payable is ranked better than 72.41% of 1062
companies
in the Metals & Mining industry
Industry Median: 126.885
vs FRA:643: 2084.12
Akobo Minerals AB's Days Payable
increased
from Dec. 2024 (0.00) to Dec. 2025 (1,561.99).
It may suggest that Akobo Minerals ABdelayed paying its suppliers.
Akobo Minerals AB Days Payable Related Terms
Akobo Minerals AB Days Payable Historical Data
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The historical data trend for Akobo Minerals AB'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 Gold subindustry, Akobo Minerals AB'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.
Akobo Minerals AB Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Akobo Minerals AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Akobo Minerals AB'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.
Akobo Minerals AB'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.
Akobo Minerals AB (FRA:643) has a Days Payable of 1,561.99 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Akobo Minerals AB and its competitors. This is 221% above median its historical median of 486.67. Over the past decade, Akobo Minerals AB's Days Payable has ranged from 6.94 to 225,813.33. According to the industry distribution chart, Akobo Minerals AB ranks #293 out of 1062 companies in the Metals & Mining industry, placing it in the top 27.6%.
Is Akobo Minerals AB's Days Payable too high?
Akobo Minerals AB's current Days Payable of 1,561.99 is 221% above median its 10-year median of 486.67. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 225,813.33. The Metals & Mining industry median Days Payable is 126.89. Akobo Minerals AB's value of 1,561.99 is 1131% above this industry median. Based on the distribution chart, Akobo Minerals AB ranks #293 out of 1062 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Akobo Minerals AB has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Akobo Minerals AB's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Akobo Minerals AB ranks #293 out of 1062 companies for Days Payable. This puts Akobo Minerals AB in the upper half of its industry. The industry median Days Payable is 126.89. Akobo Minerals AB's value of 1,561.99 is 1131% above this benchmark. Historically, Akobo Minerals AB's own Days Payable has ranged from 6.94 to 225,813.33 over the past decade. While the company's 10-year median is 486.67 vs. the industry median of 126.89, Akobo Minerals AB 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 1,062 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. Akobo Minerals AB's current Days Payable of 1,561.99 is 1131% 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 Akobo Minerals AB 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. Akobo Minerals AB's current Days Payable is 1,561.99, which is 221% above median its own 10-year median of 486.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akobo Minerals AB stock overvalued right now?
Akobo Minerals AB (FRA:643) has a current Days Payable of 1,561.99. The current Days Payable is 1,561.99, which is 221% above median its 10-year median of 486.67 and 1131% above the Metals & Mining industry median of 126.89. Akobo Minerals AB's overall GF Score™ is 28/100 with 6 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 Akobo Minerals AB (FRA:643), the current Days Payable is 1,561.99 as of Dec. 2025. 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.
Akobo Minerals AB is a Scandinavian gold exploration and mining company. The company focuses on developing the Segele gold deposit and the Joru gold deposit.
28GF Score
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