GRLMF (GreenLight Metals) Days Payable: 69,897.50 (As of Mar. 2026) — 197% Above Median

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GRLMF GreenLight Metals Inc GRLMF
15 GF Score
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What is GreenLight Metals Days Payable?

GreenLight Metals GRLMF +10.37% 15 Days Payable is 69,897.50 as of Mar. 2026, which is 197% above its 10-year median of 23,542.50. GuruFocus rates GRLMF with a GF Score™ of 15/100. Among 1,064 Metals & Mining companies, GreenLight Metals ranks better than 96.8% on this metric.

GreenLight Metals's average Accounts Payable for the three months ended in Mar. 2026 was $0.77 Mil. GreenLight Metals's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, GreenLight Metals's Days Payable for the three months ended in Mar. 2026 was 69,897.50.

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

GRLMF' s Days Payable Range Over the Past 10 Years
Min: 15173.57   Med: 23542.5   Max: 54958.57
Current: 54958.57

During the past 6 years, GreenLight Metals's highest Days Payable was 54958.57. The lowest was 15173.57. And the median was 23542.50.

GRLMF's Days Payable is ranked better than
96.8% of 1064 companies
in the Metals & Mining industry
Industry Median: 125.475 vs GRLMF: 54958.57

GreenLight Metals's Days Payable increased from Mar. 2025 (57,852.50) to Mar. 2026 (69,897.50). It may suggest that GreenLight Metals delayed paying its suppliers.


GreenLight Metals Days Payable Historical Data

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The historical data trend for GreenLight Metals'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.

GreenLight Metals Days Payable Chart

GreenLight Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 21,900.00 24,272.50 15,622.00 23,141.00 50,698.50

GreenLight Metals 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 57,852.50 0.00 0.00 68,893.75 69,897.50

GreenLight Metals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, GreenLight Metals'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.


GreenLight Metals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where GreenLight Metals's Days Payable falls into.


GRLMF
15GF Score
GreenLight Metals Inc GRLMF
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GreenLight Metals 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.

GreenLight Metals'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
=( (0.634 + 0.755) / 2 ) / 0.005*365
=0.6945 / 0.005*365
=50,698.50

GreenLight Metals'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
=( (0.755 + 0.777) / 2 ) / 0.001*365 / 4
=0.766 / 0.001*365 / 4
=69,897.50

* 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 69,897.50 mean?
GreenLight Metals (GRLMF) has a Days Payable of 69,897.50 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 GreenLight Metals and its competitors. This is 197% above median its historical median of 23,542.50. Over the past decade, GreenLight Metals' Days Payable has ranged from 15,173.57 to 54,958.57. According to the industry distribution chart, GreenLight Metals ranks #34 out of 1064 companies in the Metals & Mining industry, placing it in the top 3.2%.
Is GreenLight Metals' Days Payable too high?
GreenLight Metals' current Days Payable of 69,897.50 is 197% above median its 10-year median of 23,542.50. Over the past 10 years, this metric has ranged from a low of 15,173.57 to a high of 54,958.57. The Metals & Mining industry median Days Payable is 125.48. GreenLight Metals' value of 69,897.50 is 55606.3% above this industry median. Based on the distribution chart, GreenLight Metals ranks #34 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, GreenLight Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does GreenLight Metals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, GreenLight Metals ranks #34 out of 1064 companies for Days Payable. This places GreenLight Metals in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 125.48. GreenLight Metals' value of 69,897.50 is 55606.3% above this benchmark. Historically, GreenLight Metals' own Days Payable has ranged from 15,173.57 to 54,958.57 over the past decade. While the company's 10-year median is 23,542.50 vs. the industry median of 125.48, GreenLight Metals has consistently been above 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 125.48, 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. GreenLight Metals's current Days Payable of 69,897.50 is 55606.3% above 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 GreenLight Metals and its competitors. For the Metals & Mining industry, the median Days Payable is 125.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenLight Metals's current Days Payable is 69,897.50, which is 197% above median its own 10-year median of 23,542.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenLight Metals stock overvalued right now?
GreenLight Metals (GRLMF) has a current Days Payable of 69,897.50. The current Days Payable is 69,897.50, which is 197% above median its 10-year median of 23,542.50 and 55606.3% above the Metals & Mining industry median of 125.48. GreenLight Metals' overall GF Score™ is 15/100. 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 GreenLight Metals (GRLMF), the current Days Payable is 69,897.50 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.

GreenLight Metals Business Description

Other Exchanges W8I:GermanyGRL:Canada
Address 141 Adelaide Street W, Suite 520, Toronto, ON, CAN, M5H 3L5
GreenLight Metals Inc is engaged in the acquisition, exploration, and evaluation of mineral property interests. Its mission is to expand known mineral resources and make new discoveries on one of North America's prolific yet underexplored volcanogenic massive sulfide (VMS) greenstone belts. The Belt's deposits are rich in the clean energy metals copper and zinc, as well as gold, that are required to power the imminent green, low-carbon economy. The company's project includes the Reef Gold Project, the Bend Project, the Lobo Property, the Lobo East Property, and the Kalium Canyon Property.
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