FTCO (Fortitude Gold) Days Payable: 181.73 (As of Mar. 2026) — 395% Above Median

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FTCO Fortitude Gold Corp FTCO
54 GF Score
Price $4.75
GF Value $1.28
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fortitude Gold Days Payable?

Fortitude Gold FTCO +0.02% 54 Days Payable is 181.73 as of Mar. 2026, which is 395% above its 10-year median of 36.71. GuruFocus rates FTCO with a GF Score™ of 54/100 and a GF Value™ of $1.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,065 Metals & Mining companies, Fortitude Gold ranks worse than 52.3% on this metric.

Fortitude Gold's average Accounts Payable for the three months ended in Mar. 2026 was $2.02 Mil. Fortitude Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.01 Mil. Hence, Fortitude Gold's Days Payable for the three months ended in Mar. 2026 was 181.73.

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

FTCO' s Days Payable Range Over the Past 10 Years
Min: 16.88   Med: 36.71   Max: 135.32
Current: 111.07

During the past 7 years, Fortitude Gold's highest Days Payable was 135.32. The lowest was 16.88. And the median was 36.71.

FTCO's Days Payable is ranked worse than
52.3% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs FTCO: 111.07

Fortitude Gold's Days Payable increased from Mar. 2025 (71.94) to Mar. 2026 (181.73). It may suggest that Fortitude Gold delayed paying its suppliers.


Fortitude Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Fortitude Gold'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.

Fortitude Gold Days Payable Chart

Fortitude Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 16.88 21.77 36.71 62.60 88.66

Fortitude Gold 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 71.94 77.92 64.33 177.89 181.73

FTCO vs BSAI, PZG, NAMM: Days Payable Comparison

For the Gold subindustry, Fortitude Gold'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.


Fortitude Gold Days Payable vs Metals & Mining Industry

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

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


FTCO
54GF Score
Fortitude Gold Corp FTCO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortitude Gold 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.

Fortitude Gold'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
=( (2.637 + 1.468) / 2 ) / 8.45*365
=2.0525 / 8.45*365
=88.66

Fortitude Gold'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
=( (1.468 + 2.563) / 2 ) / 1.012*365 / 4
=2.0155 / 1.012*365 / 4
=181.73

* 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 181.73 mean?
Fortitude Gold (FTCO) has a Days Payable of 181.73 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 Fortitude Gold and its competitors. This is 395% above median its historical median of 36.71. Over the past decade, Fortitude Gold's Days Payable has ranged from 16.88 to 135.32. According to the industry distribution chart, Fortitude Gold ranks #557 out of 1065 companies in the Metals & Mining industry, placing it in the top 52.3%.
Is Fortitude Gold's Days Payable too high?
Fortitude Gold's current Days Payable of 181.73 is 395% above median its 10-year median of 36.71. Over the past 10 years, this metric has ranged from a low of 16.88 to a high of 135.32. The Metals & Mining industry median Days Payable is 127.26. Fortitude Gold's value of 181.73 is 42.8% above this industry median. Based on the distribution chart, Fortitude Gold ranks #557 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortitude Gold has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortitude Gold's Days Payable compare to BSAI and PZG?
According to the Metals & Mining industry distribution chart, Fortitude Gold ranks #557 out of 1065 companies for Days Payable. This places Fortitude Gold in the lower half of its industry. The industry median Days Payable is 127.26. Fortitude Gold's value of 181.73 is 42.8% above this benchmark. Historically, Fortitude Gold's own Days Payable has ranged from 16.88 to 135.32 over the past decade. While the company's 10-year median is 36.71 vs. the industry median of 127.26, Fortitude Gold 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 127.26, based on 1,065 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. Fortitude Gold's current Days Payable of 181.73 is 42.8% 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 Fortitude Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortitude Gold's current Days Payable is 181.73, which is 395% above median its own 10-year median of 36.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortitude Gold stock overvalued right now?
Based on GuruFocus' analysis, Fortitude Gold (FTCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.28, compared to a current price of $4.75 — trading 271.3% above its estimated fair value. The current Days Payable is 181.73, which is 395% above median its 10-year median of 36.71 and 42.8% above the Metals & Mining industry median of 127.26. Fortitude Gold's overall GF Score™ is 54/100 with 6 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 Fortitude Gold (FTCO), the current Days Payable is 181.73 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.

Is Fortitude Gold (FTCO) Overvalued in 2026?

Based on GuruFocus' analysis, Fortitude Gold stock appears to be overvalued. The current stock price of $4.75 is trading 271.3% above its estimated GF Value™ of $1.28. GuruFocus considers Fortitude Gold to be Significantly Overvalued.

Key valuation signals for FTCO:

  • Days Payable: 181.73 (395% above median its 10-year median of 36.71)
  • GF Value™: $1.28 vs. price of $4.75 (271.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 42.8% above the Metals & Mining median (#557 of 1065)

No single metric tells the full story. See the FTCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortitude Gold Business Description

Address 723 South Cascade Avenue, Colorado Springs, CO, USA, 80903
Fortitude Gold Corp is a mineral exploration and evaluation company. It mainly explores gold and silver. The company has one reportable operating segment, mining operations, which produces gold for sale to its customers. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.
54GF Score

Get the complete analysis for FTCO

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

$4.75
Price
$1.28
GF Value