Golden Goliath Resources (FRA:GGZA) Days Payable: (As of May. 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.

What is Golden Goliath Resources Days Payable?

Golden Goliath Resources's average Accounts Payable for the three months ended in May. 2026 was €0.00 Mil. Golden Goliath Resources's Cost of Goods Sold for the three months ended in May. 2026 was €0.00 Mil. Hence, Golden Goliath Resources's Days Payable for the three months ended in May. 2026 was 0.00.

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

FRA:GGZA' s Days Payable Range Over the Past 10 Years
Min: 389.33   Med: 3285   Max: 24820
Current: 10718.83

During the past 13 years, Golden Goliath Resources's highest Days Payable was 24820.00. The lowest was 389.33. And the median was 3285.00.

FRA:GGZA's Days Payable is ranked better than
88.02% of 1077 companies
in the Metals & Mining industry
Industry Median: 124.95 vs FRA:GGZA: 10718.83

Golden Goliath Resources's Days Payable stayed the same from May. 2025 () to May. 2026 (). stayed the same


Golden Goliath Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Goliath 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.

Golden Goliath Resources Days Payable Chart

Golden Goliath Resources Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only

Golden Goliath Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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

Golden Goliath Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Golden Goliath 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.


Golden Goliath Resources Days Payable vs Metals & Mining Industry

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

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



Golden Goliath 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.

Golden Goliath Resources's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Golden Goliath Resources's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.003*365 / 4
=0 / 0.003*365 / 4
=0.00

* 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.


Golden Goliath Resources Business Description

Other Exchanges GGZA:GermanyGNG:Canada
Address 688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.