FTBYF (Fortune Bay) Days Payable: 60,590.00 (As of Mar. 2026) — 293% Above Median


FTBYF Fortune Bay Corp FTBYF
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What is Fortune Bay Days Payable?

Fortune Bay FTBYF +0.48% 35 Days Payable is 60,590.00 as of Mar. 2026, which is 293% above its 10-year median of 15,421.25. GuruFocus rates FTBYF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Fortune Bay ranks better than 97.18% on this metric.

Fortune Bay's average Accounts Payable for the three months ended in Mar. 2026 was $0.66 Mil. Fortune Bay's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, Fortune Bay's Days Payable for the three months ended in Mar. 2026 was 60,590.00.

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

FTBYF' s Days Payable Range Over the Past 10 Years
Min: 8972.92   Med: 15421.25   Max: 65444.5
Current: 65444.5

During the past 11 years, Fortune Bay's highest Days Payable was 65444.50. The lowest was 8972.92. And the median was 15421.25.

FTBYF's Days Payable is ranked better than
97.18% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs FTBYF: 65444.50

Fortune Bay's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (60,590.00). It may suggest that Fortune Bay delayed paying its suppliers.


Fortune Bay Days Payable Historical Data

* Premium members only.

The historical data trend for Fortune Bay'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.

Fortune Bay Days Payable Chart

Fortune Bay 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 8,431.50 11,999.38 13,870.00 27,557.50 58,947.50

Fortune Bay 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 0.00 36,910.63 32,074.38 40,515.00 60,590.00

FTBYF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Fortune Bay'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.


Fortune Bay Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Fortune Bay's Days Payable falls into.


FTBYF
35GF Score
Fortune Bay Corp FTBYF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Bay 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.

Fortune Bay'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
=( (0.204 + 0.442) / 2 ) / 0.002*365
=0.323 / 0.002*365
=58,947.50

Fortune Bay'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
=( (0.442 + 0.886) / 2 ) / 0.001*365 / 4
=0.664 / 0.001*365 / 4
=60,590.00

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 60,590.00 mean?
Fortune Bay (FTBYF) has a Days Payable of 60,590.00 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 Fortune Bay and its competitors. This is 293% above median its historical median of 15,421.25. Over the past decade, Fortune Bay's Days Payable has ranged from 8,972.92 to 65,444.50. According to the industry distribution chart, Fortune Bay ranks #30 out of 1064 companies in the Metals & Mining industry, placing it in the top 2.8%.
Is Fortune Bay's Days Payable too high?
Fortune Bay's current Days Payable of 60,590.00 is 293% above median its 10-year median of 15,421.25. Over the past 10 years, this metric has ranged from a low of 8,972.92 to a high of 65,444.50. The Metals & Mining industry median Days Payable is 127.62. Fortune Bay's value of 60,590.00 is 47376.9% above this industry median. Based on the distribution chart, Fortune Bay ranks #30 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortune Bay has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #30 out of 1064 companies for Days Payable. This places Fortune Bay in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.62. Fortune Bay's value of 60,590.00 is 47376.9% above this benchmark. Historically, Fortune Bay's own Days Payable has ranged from 8,972.92 to 65,444.50 over the past decade. While the company's 10-year median is 15,421.25 vs. the industry median of 127.62, Fortune Bay 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 127.62, 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. Fortune Bay's current Days Payable of 60,590.00 is 47376.9% 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 Fortune Bay and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Bay's current Days Payable is 60,590.00, which is 293% above median its own 10-year median of 15,421.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (FTBYF) has a current Days Payable of 60,590.00. The current Days Payable is 60,590.00, which is 293% above median its 10-year median of 15,421.25 and 47376.9% above the Metals & Mining industry median of 127.62. Fortune Bay's overall GF Score™ is 35/100 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 Fortune Bay (FTBYF), the current Days Payable is 60,590.00 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.

Fortune Bay Business Description

Other Exchanges 5QN:GermanyFOR:Canada
Address 1969 Upper Water Street, Suite 2001, Tower Ii, Purdy\'s Wharf, Halifax, NS, CAN, B3J 3R7
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
35GF Score

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