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Sigma LithiumFRA:M0N -1.40%15 Days Payable is 293.51 as of Mar. 2026, which is 98% below its 10-year median of 13,129.26. GuruFocus rates FRA:M0N with a GF Score™ of 15/100 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,064 Metals & Mining companies, Sigma Lithium ranks better than 59.12% on this metric.
The historical data trend for Sigma Lithium'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 Other Industrial Metals & Mining subindustry, Sigma Lithium'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.
Sigma Lithium Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sigma Lithium's Days Payable distribution charts can be found below:
* The bar in red indicates where Sigma Lithium'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.
Sigma Lithium'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.
Sigma Lithium (FRA:M0N) has a Days Payable of 293.51 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 Sigma Lithium and its competitors. This is 98% below median its historical median of 13,129.26. Over the past decade, Sigma Lithium's Days Payable has ranged from 126.79 to 33,041.19. According to the industry distribution chart, Sigma Lithium ranks #435 out of 1064 companies in the Metals & Mining industry, placing it in the top 40.9%.
Is Sigma Lithium's Days Payable too high?
Sigma Lithium's current Days Payable of 293.51 is 98% below median its 10-year median of 13,129.26. Over the past 10 years, this metric has ranged from a low of 126.79 to a high of 33,041.19. The Metals & Mining industry median Days Payable is 125.25. Sigma Lithium's value of 293.51 is 134.3% above this industry median. Based on the distribution chart, Sigma Lithium ranks #435 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sigma Lithium has a GF Score™ of 15/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sigma Lithium's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Sigma Lithium ranks #435 out of 1064 companies for Days Payable. This puts Sigma Lithium in the upper half of its industry. The industry median Days Payable is 125.25. Sigma Lithium's value of 293.51 is 134.3% above this benchmark. Historically, Sigma Lithium's own Days Payable has ranged from 126.79 to 33,041.19 over the past decade. While the company's 10-year median is 13,129.26 vs. the industry median of 125.25, Sigma Lithium 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 125.25, 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. Sigma Lithium's current Days Payable of 293.51 is 134.3% 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 Sigma Lithium and its competitors. For the Metals & Mining industry, the median Days Payable is 125.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Lithium's current Days Payable is 293.51, which is 98% below median its own 10-year median of 13,129.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Lithium stock overvalued right now?
Based on GuruFocus' analysis, Sigma Lithium (FRA:M0N) is currently considered Modestly Overvalued. The current Days Payable is 293.51, which is 98% below median its 10-year median of 13,129.26 and 134.3% above the Metals & Mining industry median of 125.25. Sigma Lithium's overall GF Score™ is 15/100 with 4 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 Sigma Lithium (FRA:M0N), the current Days Payable is 293.51 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.
Sigma Lithium Corp together with its direct and indirect subsidiaries, is a commercial producer of lithium concentrate. It holds full interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil. Geographically, the company operates in Switzerland; United Arab Emirates; Singapore; and Republic of Korea, of which it derives maximum revenue from Switzerland.
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