Canadian Gold Resources (FRA:VQ6) Days Payable: 0.00 (As of Jun. 2026)

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FRA:VQ6 Canadian Gold Resources Ltd FRA:VQ6
16 GF Score
Price €0.04
! 1 Warning Sign
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What is Canadian Gold Resources Days Payable?

Canadian Gold Resources FRA:VQ6 -6.38% 16 Days Payable is 0.00 as of Jun. 2026. GuruFocus rates FRA:VQ6 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,077 Metals & Mining companies, Canadian Gold Resources ranks better than 90.34% on this metric.

Canadian Gold Resources's average Accounts Payable for the three months ended in Jun. 2026 was €0.85 Mil. Canadian Gold Resources's Cost of Goods Sold for the three months ended in Jun. 2026 was €0.00 Mil.

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

FRA:VQ6' s Days Payable Range Over the Past 10 Years
Min: 15161.19   Med: 24090   Max: 24090
Current: 15161.19

During the past 3 years, Canadian Gold Resources's highest Days Payable was 24090.00. The lowest was 15161.19. And the median was 24090.00.

FRA:VQ6's Days Payable is ranked better than
90.34% of 1077 companies
in the Metals & Mining industry
Industry Median: 124.95 vs FRA:VQ6: 15161.19

Canadian Gold Resources's Days Payable stayed the same from Mar. 2025 (0.00) to Jun. 2026 (0.00). stayed the same


Canadian Gold Resources Days Payable Historical Data

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The historical data trend for Canadian Gold 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.

Canadian Gold Resources Days Payable Chart

Canadian Gold Resources Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
0.00 0.00 25,291.46

Canadian Gold Resources Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 16,425.00 6,030.80 0.00

FRA:VQ6 vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Canadian Gold 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.


Canadian Gold Resources Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Canadian Gold Resources's Days Payable falls into.


FRA:VQ6
16GF Score
Canadian Gold Resources Ltd FRA:VQ6
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Gold 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.

Canadian Gold Resources'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
=( (0.383 + 1.28) / 2 ) / 0.012*365
=0.8315 / 0.012*365
=25,291.46

Canadian Gold Resources'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: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.28 + 0.42) / 2 ) / 0*365 / 4
=0.85 / 0*365 / 4
=N/A

* 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 0.00 mean?
Canadian Gold Resources (FRA:VQ6) has a Days Payable of 0.00 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 Canadian Gold Resources and its competitors. Over the past decade, Canadian Gold Resources' Days Payable has ranged from 15,161.19 to 24,090.00. According to the industry distribution chart, Canadian Gold Resources ranks #104 out of 1077 companies in the Metals & Mining industry, placing it in the top 9.7%.
Is Canadian Gold Resources' Days Payable too high?
Canadian Gold Resources' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 15,161.19 to a high of 24,090.00. Based on the distribution chart, Canadian Gold Resources ranks #104 out of 1077 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Gold Resources has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Gold Resources' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Canadian Gold Resources ranks #104 out of 1077 companies for Days Payable. This places Canadian Gold Resources in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 124.95. Historically, Canadian Gold Resources' own Days Payable has ranged from 15,161.19 to 24,090.00 over the past decade. 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 124.95, based on 1,077 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. 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 Canadian Gold Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Gold Resources's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Gold Resources stock overvalued right now?
Canadian Gold Resources (FRA:VQ6) has a current Days Payable of 0.00. The current Days Payable is 0.00. Canadian Gold Resources' overall GF Score™ is 16/100 with 1 warning sign 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 Canadian Gold Resources (FRA:VQ6), the current Days Payable is 0.00 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.

Canadian Gold Resources Business Description

Other Exchanges CAN:Canada
Address 239 Du Trecarre, Varennes, QC, CAN, J3X 1Y8
Canadian Gold Resources Ltd is a Canadian exploration company focused on developing high-grade gold projects in the Gaspe Gold Belt of Quebec. The company targets under-explored, past-producing properties with growth potential, leveraging modern exploration techniques to unlock value. Its projects include Lac Arsenault is its Flagship Project, with a Bulk Sample Projected to Yield 4,000 oz of Gold; Robidoux with high-grade Gold potential with Confirmed Bulk Samples; and VG Boulder with high-grade surface samples and visible gold occurrences.
16GF Score

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