FTMDF (Fortune Minerals) Days Payable: 0.00 (As of Mar. 2026)


FTMDF Fortune Minerals Ltd FTMDF
26 GF Score
Price $0.10
! 4 Warning Signs
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What is Fortune Minerals Days Payable?

Fortune Minerals FTMDF -6.52% 26 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates FTMDF with a GF Score™ of 26/100. The stock has 4 warning signs investors should review. Among 1,064 Metals & Mining companies, Fortune Minerals ranks worse than 93984.87% on this metric.

Fortune Minerals's average Accounts Payable for the three months ended in Mar. 2026 was $0.00 Mil. Fortune Minerals's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.01 Mil. Hence, Fortune Minerals's Days Payable for the three months ended in Mar. 2026 was 0.00.

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

FTMDF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Fortune Minerals's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same

Fortune Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Fortune Minerals'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 Minerals Days Payable Chart

Fortune Minerals 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 0.00 0.00 0.00 0.00 0.00

Fortune Minerals 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 0.00 0.00 0.00 0.00

Fortune Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fortune Minerals'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 Minerals Days Payable vs Metals & Mining Industry

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

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


FTMDF
26GF Score
Fortune Minerals Ltd FTMDF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Minerals 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 Minerals'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 + 0) / 1 ) / 0.049*365
=0 / 0.049*365
=0.00

Fortune Minerals'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 + 0) / 1 ) / 0.012*365 / 4
=0 / 0.012*365 / 4
=0.00

* 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 0.00 mean?
Fortune Minerals (FTMDF) has a Days Payable of 0.00 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 Minerals and its competitors. According to the industry distribution chart, Fortune Minerals ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Fortune Minerals' Days Payable too high?
Fortune Minerals' current Days Payable is 0.00. Based on the distribution chart, Fortune Minerals ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortune Minerals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Fortune Minerals ranks #999999 out of 1064 companies for Days Payable. This places Fortune Minerals in the lower half of its industry. The industry median Days Payable is 127.62. 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. 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 Minerals 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 Minerals'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 Fortune Minerals stock overvalued right now?
Fortune Minerals (FTMDF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Fortune Minerals' overall GF Score™ is 26/100 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 Fortune Minerals (FTMDF), the current Days Payable is 0.00 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 Minerals Business Description

Other Exchanges 0UWG:UKFMP:GermanyFT:Canada
Address 617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is engaged in the development and mining of critical and precious metal deposits in Canada. It is involved in the exploration and development of specialty metals, base metals, and precious metals in the NWT (three of which are Critical Minerals), with a Hydromet Facility planned to be built in Alberta. The NICO Project is at an advanced stage of development that includes a proposed hydrometallurgical processing plant to process metal concentrates produced from the NICO Mine and produce value metal and chemical products The group also owns the Sue-Dianne copper-silver-gold deposit, and the Salkeld Lake exploration project.
26GF Score

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

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