Headwater GoldFRA:997 -4.38%16 Days Payable is 1,652.93 as of Nov. 2025, which is 170% above its 10-year median of 612.88. GuruFocus rates FRA:997 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Headwater Gold ranks better than 66.54% on this metric.
The historical rank and industry rank for Headwater Gold's Days Payable or its related term are showing as below:
FRA:997'
s Days Payable Range Over the Past 10 Years
Min: 582.15 Med: 612.88 Max: 1203.96
Current: 929.98
During the past 6 years, Headwater Gold's highest Days Payable was 1203.96. The lowest was 582.15. And the median was 612.88.
FRA:997's Days Payable is ranked better than 66.54% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs FRA:997: 929.98
Headwater Gold's Days Payable
increased
from Nov. 2024 (1,167.04) to Nov. 2025 (1,652.93).
It may suggest that Headwater Golddelayed paying its suppliers.
Headwater Gold Days Payable Related Terms
Headwater Gold Days Payable Historical Data
* Premium members only.
The historical data trend for Headwater 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.
For the Gold subindustry, Headwater 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.
Headwater Gold Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Headwater Gold's Days Payable distribution charts can be found below:
* The bar in red indicates where Headwater Gold'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.
Headwater Gold's Days Payable for the fiscal year that ended in Feb. 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.
Headwater Gold (FRA:997) has a Days Payable of 1,652.93 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Headwater Gold and its competitors. This is 170% above median its historical median of 612.88. Over the past decade, Headwater Gold's Days Payable has ranged from 582.15 to 1,203.96. According to the industry distribution chart, Headwater Gold ranks #356 out of 1064 companies in the Metals & Mining industry, placing it in the top 33.5%.
Is Headwater Gold's Days Payable too high?
Headwater Gold's current Days Payable of 1,652.93 is 170% above median its 10-year median of 612.88. Over the past 10 years, this metric has ranged from a low of 582.15 to a high of 1,203.96. The Metals & Mining industry median Days Payable is 126.89. Headwater Gold's value of 1,652.93 is 1202.7% above this industry median. Based on the distribution chart, Headwater Gold ranks #356 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Headwater Gold has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Headwater Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Headwater Gold ranks #356 out of 1064 companies for Days Payable. This puts Headwater Gold in the upper half of its industry. The industry median Days Payable is 126.89. Headwater Gold's value of 1,652.93 is 1202.7% above this benchmark. Historically, Headwater Gold's own Days Payable has ranged from 582.15 to 1,203.96 over the past decade. While the company's 10-year median is 612.88 vs. the industry median of 126.89, Headwater 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. Headwater Gold's current Days Payable of 1,652.93 is 1202.7% 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 Headwater 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. Headwater Gold's current Days Payable is 1,652.93, which is 170% above median its own 10-year median of 612.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Gold stock overvalued right now?
Headwater Gold (FRA:997) has a current Days Payable of 1,652.93. The current Days Payable is 1,652.93, which is 170% above median its 10-year median of 612.88 and 1202.7% above the Metals & Mining industry median of 126.89. Headwater Gold's overall GF Score™ is 16/100 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 Headwater Gold (FRA:997), the current Days Payable is 1,652.93 as of Nov. 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.
Headwater Gold Inc is a mineral exploration company focused on exploring high-grade precious metal deposits in the Western USA. It has acquired interests in a portfolio of mineral projects in Idaho and Nevada, and also holds other mineral projects through third-party agreements and property options, and certain projects are subject to NSRs. The company's project portfolio includes the Mahogany, Agate Point, Midas North, and Spring Peak projects.
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