GGGOF (Golconda Gold) Days Payable: 51.52 (As of Mar. 2026) — 43% Below Median


GGGOF Golconda Gold Ltd GGGOF
38 GF Score
Price $1.66
GF Value $0.73
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Golconda Gold Days Payable?

Golconda Gold GGGOF +1.54% 38 Days Payable is 51.52 as of Mar. 2026, which is 43% below its 10-year median of 90.38. GuruFocus rates GGGOF with a GF Score™ of 38/100 and a GF Value™ of $0.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Golconda Gold ranks worse than 66.29% on this metric.

Golconda Gold's average Accounts Payable for the three months ended in Mar. 2026 was $3.89 Mil. Golconda Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $6.89 Mil. Hence, Golconda Gold's Days Payable for the three months ended in Mar. 2026 was 51.52.

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

GGGOF' s Days Payable Range Over the Past 10 Years
Min: 63.26   Med: 90.38   Max: 261.31
Current: 63.26

During the past 13 years, Golconda Gold's highest Days Payable was 261.31. The lowest was 63.26. And the median was 90.38.

GGGOF's Days Payable is ranked worse than
66.29% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs GGGOF: 63.26

Golconda Gold's Days Payable declined from Mar. 2025 (81.55) to Mar. 2026 (51.52). It may suggest that Golconda Gold accelerated paying its suppliers.


Golconda Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Golconda 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.

Golconda Gold Days Payable Chart

Golconda Gold 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 261.17 90.08 139.71 105.48 70.61

Golconda 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 81.55 79.78 66.52 61.59 51.52

GGGOF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Golconda 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.


Golconda Gold Days Payable vs Metals & Mining Industry

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

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


GGGOF
38GF Score
Golconda Gold Ltd GGGOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golconda 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.

Golconda 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
=( (3.38 + 3.87) / 2 ) / 18.739*365
=3.625 / 18.739*365
=70.61

Golconda 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
=( (3.87 + 3.909) / 2 ) / 6.889*365 / 4
=3.8895 / 6.889*365 / 4
=51.52

* 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 51.52 mean?
Golconda Gold (GGGOF) has a Days Payable of 51.52 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 Golconda Gold and its competitors. This is 43% below median its historical median of 90.38. Over the past decade, Golconda Gold's Days Payable has ranged from 63.26 to 261.31. According to the industry distribution chart, Golconda Gold ranks #706 out of 1065 companies in the Metals & Mining industry, placing it in the top 66.3%.
Is Golconda Gold's Days Payable too high?
Golconda Gold's current Days Payable of 51.52 is 43% below median its 10-year median of 90.38. Over the past 10 years, this metric has ranged from a low of 63.26 to a high of 261.31. The Metals & Mining industry median Days Payable is 127.26. Golconda Gold's value of 51.52 is 59.5% below this industry median. Based on the distribution chart, Golconda Gold ranks #706 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Golconda Gold has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golconda Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Golconda Gold ranks #706 out of 1065 companies for Days Payable. This places Golconda Gold in the lower half of its industry. The industry median Days Payable is 127.26. Golconda Gold's value of 51.52 is 59.5% below this benchmark. Historically, Golconda Gold's own Days Payable has ranged from 63.26 to 261.31 over the past decade. While the company's 10-year median is 90.38 vs. the industry median of 127.26, Golconda Gold has consistently been below 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. Golconda Gold's current Days Payable of 51.52 is 59.5% below 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 Golconda 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. Golconda Gold's current Days Payable is 51.52, which is 43% below median its own 10-year median of 90.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golconda Gold stock overvalued right now?
Based on GuruFocus' analysis, Golconda Gold (GGGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.73, compared to a current price of $1.66 — trading 126.7% above its estimated fair value. The current Days Payable is 51.52, which is 43% below median its 10-year median of 90.38 and 59.5% below the Metals & Mining industry median of 127.26. Golconda Gold's overall GF Score™ is 38/100 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 Golconda Gold (GGGOF), the current Days Payable is 51.52 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 Golconda Gold (GGGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Golconda Gold stock appears to be overvalued. The current stock price of $1.66 is trading 126.7% above its estimated GF Value™ of $0.73. GuruFocus considers Golconda Gold to be Significantly Overvalued.

Key valuation signals for GGGOF:

  • Days Payable: 51.52 (43% below median its 10-year median of 90.38)
  • GF Value™: $0.73 vs. price of $1.66 (126.7% above fair value)
  • GF Score™: 38/100 with 1 warning sign
  • Industry Position: 59.5% below the Metals & Mining median (#706 of 1065)

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


Golconda Gold Business Description

Other Exchanges Y87:GermanyGG:Canada
Address 181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has three geographic segments, being the Republic of South Africa, the U.S.A. and Canada, out of which it derives maximum revenue from South Africa.
38GF Score

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

$1.66
Price
$0.73
GF Value