Terra Rossa Gold (FRA:8BY) Days Payable: 1,345.94 (As of Mar. 2026) — 71% Above Median


FRA:8BY Terra Rossa Gold Ltd FRA:8BY
17 GF Score
Price €0.22
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What is Terra Rossa Gold Days Payable?

Terra Rossa Gold FRA:8BY -0.90% 17 Days Payable is 1,345.94 as of Mar. 2026, which is 71% above its 10-year median of 788.01. GuruFocus rates FRA:8BY with a GF Score™ of 17/100. Among 1,064 Metals & Mining companies, Terra Rossa Gold ranks better than 66.26% on this metric.

Terra Rossa Gold's average Accounts Payable for the three months ended in Mar. 2026 was €0.06 Mil. Terra Rossa Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.00 Mil. Hence, Terra Rossa Gold's Days Payable for the three months ended in Mar. 2026 was 1,345.94.

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

FRA:8BY' s Days Payable Range Over the Past 10 Years
Min: 657   Med: 788.01   Max: 919.02
Current: 887.33

During the past 3 years, Terra Rossa Gold's highest Days Payable was 919.02. The lowest was 657.00. And the median was 788.01.

FRA:8BY's Days Payable is ranked better than
66.26% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs FRA:8BY: 887.33

Terra Rossa Gold's Days Payable increased from Mar. 2025 (547.50) to Mar. 2026 (1,345.94). It may suggest that Terra Rossa Gold delayed paying its suppliers.


Terra Rossa Gold Days Payable Historical Data

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The historical data trend for Terra Rossa 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.

Terra Rossa Gold Days Payable Chart

Terra Rossa Gold Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
0.00 644.12 955.44

Terra Rossa Gold Quarterly Data
Dec23 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 547.50 0.00 0.00 1,076.75 1,345.94

FRA:8BY vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Terra Rossa 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.


Terra Rossa Gold Days Payable vs Metals & Mining Industry

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

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


FRA:8BY
17GF Score
Terra Rossa Gold Ltd FRA:8BY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Terra Rossa 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.

Terra Rossa 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
=( (0.03 + 0.059) / 2 ) / 0.017*365
=0.0445 / 0.017*365
=955.44

Terra Rossa 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
=( (0.059 + 0) / 1 ) / 0.004*365 / 4
=0.059 / 0.004*365 / 4
=1,345.94

* 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 1,345.94 mean?
Terra Rossa Gold (FRA:8BY) has a Days Payable of 1,345.94 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 Terra Rossa Gold and its competitors. This is 71% above median its historical median of 788.01. Over the past decade, Terra Rossa Gold's Days Payable has ranged from 657.00 to 919.02. According to the industry distribution chart, Terra Rossa Gold ranks #359 out of 1064 companies in the Metals & Mining industry, placing it in the top 33.7%.
Is Terra Rossa Gold's Days Payable too high?
Terra Rossa Gold's current Days Payable of 1,345.94 is 71% above median its 10-year median of 788.01. Over the past 10 years, this metric has ranged from a low of 657.00 to a high of 919.02. The Metals & Mining industry median Days Payable is 126.89. Terra Rossa Gold's value of 1,345.94 is 960.8% above this industry median. Based on the distribution chart, Terra Rossa Gold ranks #359 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Terra Rossa Gold has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Terra Rossa Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Terra Rossa Gold ranks #359 out of 1064 companies for Days Payable. This puts Terra Rossa Gold in the upper half of its industry. The industry median Days Payable is 126.89. Terra Rossa Gold's value of 1,345.94 is 960.8% above this benchmark. Historically, Terra Rossa Gold's own Days Payable has ranged from 657.00 to 919.02 over the past decade. While the company's 10-year median is 788.01 vs. the industry median of 126.89, Terra Rossa 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 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. Terra Rossa Gold's current Days Payable of 1,345.94 is 960.8% 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 Terra Rossa Gold 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. Terra Rossa Gold's current Days Payable is 1,345.94, which is 71% above median its own 10-year median of 788.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Rossa Gold stock overvalued right now?
Terra Rossa Gold (FRA:8BY) has a current Days Payable of 1,345.94. The current Days Payable is 1,345.94, which is 71% above median its 10-year median of 788.01 and 960.8% above the Metals & Mining industry median of 126.89. Terra Rossa Gold's overall GF Score™ is 17/100. 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 Terra Rossa Gold (FRA:8BY), the current Days Payable is 1,345.94 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.

Terra Rossa Gold Business Description

Other Exchanges TRGXF:USATRR:Canada
Address 615 800 West Pender Street, Vancouver, BC, CAN, V6C 2V6
Terra Rossa Gold Ltd is a gold exploration and development corporation. It engages in the development of Vetas Gold Project located in the Northern Andes of Colombia.
17GF Score

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