GORO (Gold Resource) Days Payable: 26.84 (As of Mar. 2026) — 38% Below Median


GORO Gold Resource Corp GORO
46 GF Score
Price $1.32
GF Value $0.40
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gold Resource Days Payable?

Gold Resource GORO -5.71% 46 Days Payable is 26.84 as of Mar. 2026, which is 38% below its 10-year median of 43.00. GuruFocus rates GORO with a GF Score™ of 46/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Gold Resource ranks worse than 76.43% on this metric.

Gold Resource's average Accounts Payable for the three months ended in Mar. 2026 was $7.3 Mil. Gold Resource's Cost of Goods Sold for the three months ended in Mar. 2026 was $24.9 Mil. Hence, Gold Resource's Days Payable for the three months ended in Mar. 2026 was 26.84.

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

GORO' s Days Payable Range Over the Past 10 Years
Min: 32.96   Med: 43   Max: 50.98
Current: 45.51

During the past 13 years, Gold Resource's highest Days Payable was 50.98. The lowest was 32.96. And the median was 43.00.

GORO's Days Payable is ranked worse than
76.43% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs GORO: 45.51

Gold Resource's Days Payable declined from Mar. 2025 (72.35) to Mar. 2026 (26.84). It may suggest that Gold Resource accelerated paying its suppliers.


Gold Resource Days Payable Historical Data

* Premium members only.

The historical data trend for Gold Resource'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 Resource Days Payable Chart

Gold Resource 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 45.58 44.61 37.13 39.95 46.56

Gold Resource 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 72.35 69.70 66.34 38.93 26.84

GORO vs LODE, THMG, ACRG: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, Gold Resource'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 Resource Days Payable vs Metals & Mining Industry

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

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


GORO
46GF Score
Gold Resource Corp GORO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Resource 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 Resource'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
=( (11.258 + 7.36) / 2 ) / 72.979*365
=9.309 / 72.979*365
=46.56

Gold Resource'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
=( (7.36 + 7.288) / 2 ) / 24.898*365 / 4
=7.324 / 24.898*365 / 4
=26.84

* 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 26.84 mean?
Gold Resource (GORO) has a Days Payable of 26.84 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 Gold Resource and its competitors. This is 38% below median its historical median of 43.00. Over the past decade, Gold Resource's Days Payable has ranged from 32.96 to 50.98. According to the industry distribution chart, Gold Resource ranks #814 out of 1065 companies in the Metals & Mining industry, placing it in the top 76.4%.
Is Gold Resource's Days Payable too high?
Gold Resource's current Days Payable of 26.84 is 38% below median its 10-year median of 43.00. Over the past 10 years, this metric has ranged from a low of 32.96 to a high of 50.98. The Metals & Mining industry median Days Payable is 127.26. Gold Resource's value of 26.84 is 78.9% below this industry median. Based on the distribution chart, Gold Resource ranks #814 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Gold Resource has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Resource's Days Payable compare to LODE and THMG?
According to the Metals & Mining industry distribution chart, Gold Resource ranks #814 out of 1065 companies for Days Payable. This places Gold Resource in the lower half of its industry. The industry median Days Payable is 127.26. Gold Resource's value of 26.84 is 78.9% below this benchmark. Historically, Gold Resource's own Days Payable has ranged from 32.96 to 50.98 over the past decade. While the company's 10-year median is 43.00 vs. the industry median of 127.26, Gold Resource 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. Gold Resource's current Days Payable of 26.84 is 78.9% 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 Resource 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. Gold Resource's current Days Payable is 26.84, which is 38% below median its own 10-year median of 43.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Resource stock overvalued right now?
Based on GuruFocus' analysis, Gold Resource (GORO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $1.32 — trading 230% above its estimated fair value. The current Days Payable is 26.84, which is 38% below median its 10-year median of 43.00 and 78.9% below the Metals & Mining industry median of 127.26. Gold Resource's overall GF Score™ is 46/100 with 2 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 Gold Resource (GORO), the current Days Payable is 26.84 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 Gold Resource (GORO) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Resource stock appears to be overvalued. The current stock price of $1.32 is trading 230% above its estimated GF Value™ of $0.40. GuruFocus considers Gold Resource to be Significantly Overvalued.

Key valuation signals for GORO:

  • Days Payable: 26.84 (38% below median its 10-year median of 43.00)
  • GF Value™: $0.40 vs. price of $1.32 (230% above fair value)
  • GF Score™: 46/100 with 2 warning signs
  • Industry Position: 78.9% below the Metals & Mining median (#814 of 1065)

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


Gold Resource Business Description

Other Exchanges 0IYS:UKGIH:Germany
Address 7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Gold Resource Corp is a producer of metal concentrates that contain gold, silver, copper, lead, and zinc in Oaxaca, Mexico. . It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America. The Company has two reporting segments, based on geographic regions. Oaxaca, Mexico represents the Companies only operating segment with a production stage property. The Companies other reporting segment is Michigan, U.S.A., with an exploration stage property.
46GF Score

Get the complete analysis for GORO

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

$1.32
Price
$0.40
GF Value