NexMetals Mining (FRA:R101) Days Payable: 292.86 (As of Jun. 2026) — 80% Below Median

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.

FRA:R101 NexMetals Mining Corp FRA:R101
30 GF Score
Price €1.93
! 2 Warning Signs
View Full Analysis

What is NexMetals Mining Days Payable?

NexMetals Mining FRA:R101 +4.89% 30 Days Payable is 292.86 as of Jun. 2026, which is 80% below its 10-year median of 1,480.58. GuruFocus rates FRA:R101 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,068 Metals & Mining companies, NexMetals Mining ranks better than 64.98% on this metric.

NexMetals Mining's average Accounts Payable for the three months ended in Jun. 2026 was €1.13 Mil. NexMetals Mining's Cost of Goods Sold for the three months ended in Jun. 2026 was €0.35 Mil. Hence, NexMetals Mining's Days Payable for the three months ended in Jun. 2026 was 292.86.

The historical rank and industry rank for NexMetals Mining's Days Payable or its related term are showing as below:

FRA:R101' s Days Payable Range Over the Past 10 Years
Min: 550.15   Med: 1480.58   Max: 15121.43
Current: 699.94

During the past 7 years, NexMetals Mining's highest Days Payable was 15121.43. The lowest was 550.15. And the median was 1480.58.

FRA:R101's Days Payable is ranked better than
64.98% of 1068 companies
in the Metals & Mining industry
Industry Median: 123.39 vs FRA:R101: 699.94

NexMetals Mining's Days Payable declined from Jun. 2025 (1,460.67) to Jun. 2026 (292.86). It may suggest that NexMetals Mining accelerated paying its suppliers.


NexMetals Mining Days Payable Historical Data

* Premium members only.

The historical data trend for NexMetals Mining'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.

NexMetals Mining Days Payable Chart

NexMetals Mining Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 7,340.86 1,496.21 560.93 1,260.55

NexMetals Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,460.67 1,072.49 1,161.98 693.23 292.86

NexMetals Mining Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NexMetals Mining'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.


NexMetals Mining Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where NexMetals Mining's Days Payable falls into.


FRA:R101
30GF Score
NexMetals Mining Corp FRA:R101
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NexMetals Mining 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.

NexMetals Mining'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 + 4.424) / 1 ) / 1.281*365
=4.424 / 1.281*365
=1,260.55

NexMetals Mining's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.213 + 1.04) / 2 ) / 0.351*365 / 4
=1.1265 / 0.351*365 / 4
=292.86

* 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 292.86 mean?
NexMetals Mining (FRA:R101) has a Days Payable of 292.86 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NexMetals Mining and its competitors. This is 80% below median its historical median of 1,480.58. Over the past decade, NexMetals Mining's Days Payable has ranged from 550.15 to 15,121.43. According to the industry distribution chart, NexMetals Mining ranks #374 out of 1068 companies in the Metals & Mining industry, placing it in the top 35%.
Is NexMetals Mining's Days Payable too high?
NexMetals Mining's current Days Payable of 292.86 is 80% below median its 10-year median of 1,480.58. Over the past 10 years, this metric has ranged from a low of 550.15 to a high of 15,121.43. The Metals & Mining industry median Days Payable is 123.39. NexMetals Mining's value of 292.86 is 137.3% above this industry median. Based on the distribution chart, NexMetals Mining ranks #374 out of 1068 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, NexMetals Mining has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NexMetals Mining's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, NexMetals Mining ranks #374 out of 1068 companies for Days Payable. This puts NexMetals Mining in the upper half of its industry. The industry median Days Payable is 123.39. NexMetals Mining's value of 292.86 is 137.3% above this benchmark. Historically, NexMetals Mining's own Days Payable has ranged from 550.15 to 15,121.43 over the past decade. While the company's 10-year median is 1,480.58 vs. the industry median of 123.39, NexMetals Mining 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 123.39, based on 1,068 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. NexMetals Mining's current Days Payable of 292.86 is 137.3% 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 NexMetals Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 123.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexMetals Mining's current Days Payable is 292.86, which is 80% below median its own 10-year median of 1,480.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexMetals Mining stock overvalued right now?
NexMetals Mining (FRA:R101) has a current Days Payable of 292.86. The current Days Payable is 292.86, which is 80% below median its 10-year median of 1,480.58 and 137.3% above the Metals & Mining industry median of 123.39. NexMetals Mining's overall GF Score™ is 30/100 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 NexMetals Mining (FRA:R101), the current Days Payable is 292.86 as of Jun. 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.

NexMetals Mining Business Description

Other Exchanges NEXM:USANEXM:Canada
Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
NexMetals Mining Corp is a mineral exploration and development company focused on discovering and advancing high-quality copper-nickel-cobalt-platinum element metals (Cu- Cu-Ni-Co-PGE) resources. The group prioritizes projects in stable, mining-friendly jurisdictions with supportive foreign investment and rule-of-law standards. Its projects are Botswana and Canada.
30GF Score

Get the complete analysis for FRA:R101

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.93
Price