Independence GoldIEGCF +0.45%27 Days Payable is 663.08 as of Mar. 2026, which is 5% above its 10-year median of 628.61. GuruFocus rates IEGCF with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Independence Gold ranks better than 69.39% on this metric.
The historical rank and industry rank for Independence Gold's Days Payable or its related term are showing as below:
IEGCF'
s Days Payable Range Over the Past 10 Years
Min: 81.11 Med: 628.61 Max: 2744.26
Current: 1345.09
During the past 13 years, Independence Gold's highest Days Payable was 2744.26. The lowest was 81.11. And the median was 628.61.
IEGCF's Days Payable is ranked better than 69.39% of 1065
companies
in the Metals & Mining industry
Industry Median: 127.26
vs IEGCF: 1345.09
Independence Gold's Days Payable
declined
from Mar. 2025 (2,046.61) to Mar. 2026 (663.08).
It may suggest that Independence Goldaccelerated paying its suppliers.
Independence Gold Days Payable Related Terms
Independence Gold Days Payable Historical Data
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The historical data trend for Independence 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.
For the Gold subindustry, Independence 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.
Independence Gold Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Independence Gold's Days Payable distribution charts can be found below:
* The bar in red indicates where Independence Gold's Days Payable falls into.
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.
Independence Gold's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Independence Gold (IEGCF) has a Days Payable of 663.08 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 Independence Gold and its competitors. This is near median its historical median of 628.61. Over the past decade, Independence Gold's Days Payable has ranged from 81.11 to 2,744.26. According to the industry distribution chart, Independence Gold ranks #326 out of 1065 companies in the Metals & Mining industry, placing it in the top 30.6%.
Is Independence Gold's Days Payable too high?
Independence Gold's current Days Payable of 663.08 is near median its 10-year median of 628.61. Over the past 10 years, this metric has ranged from a low of 81.11 to a high of 2,744.26. The Metals & Mining industry median Days Payable is 127.26. Independence Gold's value of 663.08 is 421% above this industry median. Based on the distribution chart, Independence Gold ranks #326 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Independence Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Independence Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Independence Gold ranks #326 out of 1065 companies for Days Payable. This puts Independence Gold in the upper half of its industry. The industry median Days Payable is 127.26. Independence Gold's value of 663.08 is 421% above this benchmark. Historically, Independence Gold's own Days Payable has ranged from 81.11 to 2,744.26 over the past decade. While the company's 10-year median is 628.61 vs. the industry median of 127.26, Independence Gold 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 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. Independence Gold's current Days Payable of 663.08 is 421% 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 Independence 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. Independence Gold's current Days Payable is 663.08, which is near median its own 10-year median of 628.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Gold stock overvalued right now?
Independence Gold (IEGCF) has a current Days Payable of 663.08. The current Days Payable is 663.08, which is near median its 10-year median of 628.61 and 421% above the Metals & Mining industry median of 127.26. Independence Gold's overall GF Score™ is 27/100 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 Independence Gold (IEGCF), the current Days Payable is 663.08 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.
Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to further resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project, Merit Property, Nicoamen Property, Anita Property, and Yukon properties include Boulevard Project, Moosehorn Project. It has one segment, which is the acquisition, exploration, and evaluation of mineral properties in North America.
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