KVGOF (Kavango Resources) Days Payable: 38.58 (As of Dec. 2025) — 60% Below Median


What is Kavango Resources Days Payable?

Kavango Resources KVGOF Days Payable is 38.58 as of Dec. 2025, which is 60% below its 10-year median of 96.70. The stock has 3 warning signs investors should review. Among 1,061 Metals & Mining companies, Kavango Resources ranks worse than 75.12% on this metric.

Kavango Resources's average Accounts Payable for the six months ended in Dec. 2025 was $0.69 Mil. Kavango Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was $3.27 Mil. Hence, Kavango Resources's Days Payable for the six months ended in Dec. 2025 was 38.58.

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

KVGOF' s Days Payable Range Over the Past 10 Years
Min: 29.48   Med: 96.7   Max: 163.92
Current: 47.23

During the past 9 years, Kavango Resources's highest Days Payable was 163.92. The lowest was 29.48. And the median was 96.70.

KVGOF's Days Payable is ranked worse than
75.12% of 1061 companies
in the Metals & Mining industry
Industry Median: 126.51 vs KVGOF: 47.23

Kavango Resources's Days Payable declined from Dec. 2024 (220.04) to Dec. 2025 (38.58). It may suggest that Kavango Resources accelerated paying its suppliers.


Kavango Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Kavango 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.

Kavango Resources Days Payable Chart

Kavango Resources Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 164.02 28.97

Kavango Resources Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 427.46 220.04 125.55 38.58

Kavango Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Kavango 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.


Kavango Resources Days Payable vs Metals & Mining Industry

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

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



Kavango 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.

Kavango Resources'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
=( (0.205 + 0.446) / 2 ) / 4.101*365
=0.3255 / 4.101*365
=28.97

Kavango Resources's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.937 + 0.446) / 2 ) / 3.271*365 / 2
=0.6915 / 3.271*365 / 2
=38.58

* 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 38.58 mean?
Kavango Resources (KVGOF) has a Days Payable of 38.58 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kavango Resources and its competitors. This is 60% below median its historical median of 96.70. Over the past decade, Kavango Resources' Days Payable has ranged from 29.48 to 163.92. According to the industry distribution chart, Kavango Resources ranks #797 out of 1061 companies in the Metals & Mining industry, placing it in the top 75.1%.
Is Kavango Resources' Days Payable too high?
Kavango Resources' current Days Payable of 38.58 is 60% below median its 10-year median of 96.70. Over the past 10 years, this metric has ranged from a low of 29.48 to a high of 163.92. The Metals & Mining industry median Days Payable is 126.51. Kavango Resources' value of 38.58 is 69.5% below this industry median. Based on the distribution chart, Kavango Resources ranks #797 out of 1061 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Kavango Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Kavango Resources ranks #797 out of 1061 companies for Days Payable. This places Kavango Resources in the lower half of its industry. The industry median Days Payable is 126.51. Kavango Resources' value of 38.58 is 69.5% below this benchmark. Historically, Kavango Resources' own Days Payable has ranged from 29.48 to 163.92 over the past decade. While the company's 10-year median is 96.70 vs. the industry median of 126.51, Kavango Resources 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 126.51, based on 1,061 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. Kavango Resources's current Days Payable of 38.58 is 69.5% 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 Kavango Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kavango Resources's current Days Payable is 38.58, which is 60% below median its own 10-year median of 96.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kavango Resources stock overvalued right now?
Kavango Resources (KVGOF) has a current Days Payable of 38.58. The current Days Payable is 38.58, which is 60% below median its 10-year median of 96.70 and 69.5% below the Metals & Mining industry median of 126.51. 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 Kavango Resources (KVGOF), the current Days Payable is 38.58 as of Dec. 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.

Kavango Resources Business Description

Other Exchanges KAV:UK
Address 99 Gresham Street, 6th Floor, London, GBR, EC2V 7NG
Kavango Resources PLC is an exploration group for base and precious metals in Botswana and Zimbabwe. Its operating segments include Exploration and Corporate. The company's projects include Kalahari Suture Zone, Nara Gold, Hillside, Lonely, Ditau, and Kalahari Copper Belt. The Group had three reportable segments: Exploration, Corporate, and Mining. Exploration: the exploration operating segment is presented as an aggregate of all Botswana and Zimbabwe projects. Mining: includes the results of the Group's mining operations in Zimbabwe, and Corporate: the corporate segment includes the Company and intermediate holding companies' costs in respect of managing the Group.