GGLXF (GGL Resources) Days Payable: 0.00 (As of Feb. 2026)


What is GGL Resources Days Payable?

GGL Resources GGLXF Days Payable is 0.00 as of Feb. 2026. The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, GGL Resources ranks worse than 93984.87% on this metric.

GGL Resources's average Accounts Payable for the three months ended in Feb. 2026 was $0.03 Mil. GGL Resources's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.00 Mil.

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

During the past 13 years, GGL Resources's highest Days Payable was 43982.50. The lowest was 3132.92. And the median was 8212.51.

GGLXF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

GGL Resources's Days Payable stayed the same from Feb. 2025 (0.00) to Feb. 2026 (0.00). stayed the same

GGL Resources Days Payable Historical Data

* Premium members only.

The historical data trend for GGL 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.

GGL Resources Days Payable Chart

GGL Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,455.83 65,882.50 0.00 0.00 0.00

GGL Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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

GGLXF vs HL: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, GGL 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.

GGL Resources Days Payable vs Metals & Mining Industry

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

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


GGL 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.

GGL Resources's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as

Days Payable (A: Nov. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2024 ) + Accounts Payable (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (0.034 + 0.031) / 2 ) / 0*365
=0.0325 / 0*365
=N/A

GGL Resources's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.031 + 0.029) / 2 ) / 0*365 / 4
=0.03 / 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?
GGL Resources (GGLXF) has a Days Payable of 0.00 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GGL Resources and its competitors. Over the past decade, GGL Resources' Days Payable has ranged from 3,132.92 to 43,982.50. According to the industry distribution chart, GGL Resources ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is GGL Resources' Days Payable too high?
GGL Resources' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 3,132.92 to a high of 43,982.50. Based on the distribution chart, GGL Resources ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does GGL Resources' Days Payable compare to HL?
According to the Metals & Mining industry distribution chart, GGL Resources ranks #999999 out of 1064 companies for Days Payable. This places GGL Resources in the lower half of its industry. The industry median Days Payable is 126.89. Historically, GGL Resources' own Days Payable has ranged from 3,132.92 to 43,982.50 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 126.89, 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 GGL Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GGL 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 GGL Resources stock overvalued right now?
GGL Resources (GGLXF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 GGL Resources (GGLXF), the current Days Payable is 0.00 as of Feb. 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.

GGL Resources Business Description

Other Exchanges GGL:Canada
Address 1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
GGL Resources Corp is a resource exploration company engaged in the acquisition, exploration, and evaluation of mineral properties in Canada and the USA. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada, and Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, McConnell Creek, and others.