GMTNF (Gold Mountain Mining) Days Payable: 107.55 (As of Jan. 2025)


What is Gold Mountain Mining Days Payable?

Gold Mountain Mining GMTNF -99.00% Days Payable is 107.55 as of Jan. 2025.

Gold Mountain Mining's average Accounts Payable for the three months ended in Jan. 2025 was $0.90 Mil. Gold Mountain Mining's Cost of Goods Sold for the three months ended in Jan. 2025 was $0.77 Mil. Hence, Gold Mountain Mining's Days Payable for the three months ended in Jan. 2025 was 107.55.

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

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

Gold Mountain Mining's Days Payable declined from Jan. 2024 (337.35) to Jan. 2025 (107.55). It may suggest that Gold Mountain Mining accelerated paying its suppliers.

Gold Mountain Mining Days Payable Historical Data

* Premium members only.

The historical data trend for Gold Mountain Mining'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.

Gold Mountain Mining Days Payable Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 61.44 195.76 276.33

Gold Mountain Mining Quarterly Data
Jan19 Jan20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 337.35 202.44 216.39 59.59 107.55

GMTNF vs LBRMF, NRHI, WOLV: Days Payable Comparison

For the Gold subindustry, Gold Mountain Mining'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.

Gold Mountain Mining Days Payable vs Metals & Mining Industry

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

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


Gold Mountain Mining 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.

Gold Mountain Mining's Days Payable for the fiscal year that ended in Jan. 2025 is calculated as

Days Payable (A: Jan. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2024 ) + Accounts Payable (A: Jan. 2025 )) / count ) / Cost of Goods Sold (A: Jan. 2025 )*Days in Period
=( (7.851 + 0.866) / 2 ) / 5.757*365
=4.3585 / 5.757*365
=276.33

Gold Mountain Mining's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (0.942 + 0.866) / 2 ) / 0.767*365 / 4
=0.904 / 0.767*365 / 4
=107.55

* 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 107.55 mean?
Gold Mountain Mining (GMTNF) has a Days Payable of 107.55 as of Jan. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gold Mountain Mining and its competitors.
Is Gold Mountain Mining's Days Payable too high?
Gold Mountain Mining's current Days Payable is 107.55. The Metals & Mining industry median Days Payable is 127.62. Gold Mountain Mining's value of 107.55 is 15.7% below this industry median.
How does Gold Mountain Mining's Days Payable compare to LBRMF and NRHI?
Gold Mountain Mining's Days Payable of 107.55 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. Gold Mountain Mining's value of 107.55 is 15.7% below this benchmark. 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. Gold Mountain Mining's current Days Payable of 107.55 is 15.7% 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 Gold Mountain Mining 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. Gold Mountain Mining's current Days Payable is 107.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Mountain Mining stock overvalued right now?
Gold Mountain Mining (GMTNF) has a current Days Payable of 107.55. The current Days Payable is 107.55 and 15.7% below the Metals & Mining industry median of 127.62. 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 Gold Mountain Mining (GMTNF), the current Days Payable is 107.55 as of Jan. 2025. 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.

Gold Mountain Mining Business Description

Address 1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.