Eco Oro Minerals (FRA:GQQ) Days Payable: 24,318.13 (As of Mar. 2026) — 75% Below Median

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What is Eco Oro Minerals Days Payable?

Eco Oro Minerals FRA:GQQ Days Payable is 24,318.13 as of Mar. 2026, which is 75% below its 10-year median of 96,287.00. The stock has 2 warning signs investors should review. Among 1,063 Metals & Mining companies, Eco Oro Minerals ranks better than 96.14% on this metric.

Eco Oro Minerals's average Accounts Payable for the three months ended in Mar. 2026 was €0.27 Mil. Eco Oro Minerals's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.00 Mil. Hence, Eco Oro Minerals's Days Payable for the three months ended in Mar. 2026 was 24,318.13.

The historical rank and industry rank for Eco Oro Minerals's Days Payable or its related term are showing as below:

FRA:GQQ' s Days Payable Range Over the Past 10 Years
Min: 2590.4   Med: 96287   Max: 283392.08
Current: 45278.25

During the past 13 years, Eco Oro Minerals's highest Days Payable was 283392.08. The lowest was 2590.40. And the median was 96287.00.

FRA:GQQ's Days Payable is ranked better than
96.14% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs FRA:GQQ: 45278.25

Eco Oro Minerals's Days Payable declined from Mar. 2025 (35,952.50) to Mar. 2026 (24,318.13). It may suggest that Eco Oro Minerals accelerated paying its suppliers.


Eco Oro Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Eco Oro Minerals'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.

Eco Oro Minerals Days Payable Chart

Eco Oro Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107,796.67 108,283.33 87,356.67 25,124.17 48,727.50

Eco Oro Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 35,952.50 32,256.88 24,956.88 0.00 24,318.13

Eco Oro Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Eco Oro Minerals'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.


Eco Oro Minerals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Eco Oro Minerals's Days Payable falls into.



Eco Oro Minerals 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.

Eco Oro Minerals'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
=( (0.304 + 0.23) / 2 ) / 0.002*365
=0.267 / 0.002*365
=48,727.50

Eco Oro Minerals'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
=( (0.23 + 0.303) / 2 ) / 0.001*365 / 4
=0.2665 / 0.001*365 / 4
=24,318.13

* 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 24,318.13 mean?
Eco Oro Minerals (FRA:GQQ) has a Days Payable of 24,318.13 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 Eco Oro Minerals and its competitors. This is 75% below median its historical median of 96,287.00. Over the past decade, Eco Oro Minerals' Days Payable has ranged from 2,590.40 to 283,392.08. According to the industry distribution chart, Eco Oro Minerals ranks #41 out of 1063 companies in the Metals & Mining industry, placing it in the top 3.9%.
Is Eco Oro Minerals' Days Payable too high?
Eco Oro Minerals' current Days Payable of 24,318.13 is 75% below median its 10-year median of 96,287.00. Over the past 10 years, this metric has ranged from a low of 2,590.40 to a high of 283,392.08. The Metals & Mining industry median Days Payable is 125.60. Eco Oro Minerals' value of 24,318.13 is 19261.6% above this industry median. Based on the distribution chart, Eco Oro Minerals ranks #41 out of 1063 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Eco Oro Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Eco Oro Minerals ranks #41 out of 1063 companies for Days Payable. This places Eco Oro Minerals in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 125.60. Eco Oro Minerals' value of 24,318.13 is 19261.6% above this benchmark. Historically, Eco Oro Minerals' own Days Payable has ranged from 2,590.40 to 283,392.08 over the past decade. While the company's 10-year median is 96,287.00 vs. the industry median of 125.60, Eco Oro Minerals 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 125.60, based on 1,063 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. Eco Oro Minerals's current Days Payable of 24,318.13 is 19261.6% 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 Eco Oro Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Oro Minerals's current Days Payable is 24,318.13, which is 75% below median its own 10-year median of 96,287.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Oro Minerals stock overvalued right now?
Eco Oro Minerals (FRA:GQQ) has a current Days Payable of 24,318.13. The current Days Payable is 24,318.13, which is 75% below median its 10-year median of 96,287.00 and 19261.6% above the Metals & Mining industry median of 125.60. 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 Eco Oro Minerals (FRA:GQQ), the current Days Payable is 24,318.13 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.

Eco Oro Minerals Business Description

Other Exchanges GYSLF:USAEOM:Canada
Address 1055 W. Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Eco Oro Minerals Corp is a Canadian company engaged in the evaluation and exploration of mineral properties in Colombia. The company has one reportable segment: the evaluation and exploration of mineral exploration properties in Colombia.