LargoLGO -5.09%58 Days Payable is 46.33 as of Mar. 2026, which is 27% below its 10-year median of 63.24. GuruFocus rates LGO with a GF Score™ of 58/100 and a GF Value™ of $1.17 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,065 Metals & Mining companies, Largo ranks worse than 66.95% on this metric.
Largo's average Accounts Payable for the
three
months ended in Mar. 2026 was $17.5 Mil. Largo's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $34.5 Mil.
Hence, Largo's Days Payable for the
three
months ended in Mar. 2026 was 46.33.
The historical rank and industry rank for Largo's Days Payable or its related term are showing as below:
LGO'
s Days Payable Range Over the Past 10 Years
Min: 33.75 Med: 63.24 Max: 294.69
Current: 61.88
During the past 13 years, Largo's highest Days Payable was 294.69. The lowest was 33.75. And the median was 63.24.
LGO's Days Payable is ranked worse than 66.95% of 1065
companies
in the Metals & Mining industry
Industry Median: 127.26
vs LGO: 61.88
Largo's Days Payable
declined
from Mar. 2025 (46.53) to Mar. 2026 (46.33).
It may suggest that Largoaccelerated paying its suppliers.
Largo Days Payable Related Terms
Largo Days Payable Historical Data
* Premium members only.
The historical data trend for Largo'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 Other Industrial Metals & Mining subindustry, Largo'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.
Largo Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Largo's Days Payable distribution charts can be found below:
* The bar in red indicates where Largo'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.
Largo'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.
Largo (LGO) has a Days Payable of 46.33 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 Largo and its competitors. This is 27% below median its historical median of 63.24. Over the past decade, Largo's Days Payable has ranged from 33.75 to 294.69. According to the industry distribution chart, Largo ranks #713 out of 1065 companies in the Metals & Mining industry, placing it in the top 66.9%.
Is Largo's Days Payable too high?
Largo's current Days Payable of 46.33 is 27% below median its 10-year median of 63.24. Over the past 10 years, this metric has ranged from a low of 33.75 to a high of 294.69. The Metals & Mining industry median Days Payable is 127.26. Largo's value of 46.33 is 63.6% below this industry median. Based on the distribution chart, Largo ranks #713 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Largo has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Largo's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Largo ranks #713 out of 1065 companies for Days Payable. This places Largo in the lower half of its industry. The industry median Days Payable is 127.26. Largo's value of 46.33 is 63.6% below this benchmark. Historically, Largo's own Days Payable has ranged from 33.75 to 294.69 over the past decade. While the company's 10-year median is 63.24 vs. the industry median of 127.26, Largo 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. Largo's current Days Payable of 46.33 is 63.6% 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 Largo 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. Largo's current Days Payable is 46.33, which is 27% below median its own 10-year median of 63.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo stock overvalued right now?
Based on GuruFocus' analysis, Largo (LGO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.17, compared to a current price of $0.64 — trading 45.3% below its estimated fair value. The current Days Payable is 46.33, which is 27% below median its 10-year median of 63.24 and 63.6% below the Metals & Mining industry median of 127.26. Largo's overall GF Score™ is 58/100 with 6 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 Largo (LGO), the current Days Payable is 46.33 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 Largo (LGO) Overvalued in 2026?
Based on GuruFocus' analysis, Largo stock appears to be undervalued.
The current stock price of $0.64 is trading 45.3% below its estimated GF Value™ of $1.17.
GuruFocus considers Largo to be Possible Value Trap.
Key valuation signals for LGO:
Days Payable: 46.33 (27% below median its 10-year median of 63.24)
GF Value™: $1.17 vs. price of $0.64 (45.3% below fair value)
Industry Position: 63.6% below the Metals & Mining median (#713 of 1065)
No single metric tells the full story. See the LGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.
58GF Score
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