Labrador Iron Ore RoyaltyLIFZF -0.13%74 Days Payable is 105.15 as of Mar. 2026, which is 9% above its 10-year median of 96.51. GuruFocus rates LIFZF with a GF Score™ of 74/100 and a GF Value™ of $17.88 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 599 Steel companies, Labrador Iron Ore Royalty ranks better than 81.97% on this metric.
* 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 Steel subindustry, Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Days Payable distribution charts can be found below:
* The bar in red indicates where Labrador Iron Ore Royalty's Days Payable falls into.
Labrador Iron Ore Royalty 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.
Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty (LIFZF) has a Days Payable of 105.15 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 Labrador Iron Ore Royalty and its competitors. This is near median its historical median of 96.51. Over the past decade, Labrador Iron Ore Royalty's Days Payable has ranged from 76.59 to 131.55. According to the industry distribution chart, Labrador Iron Ore Royalty ranks #108 out of 599 companies in the Steel industry, placing it in the top 18%.
Is Labrador Iron Ore Royalty's Days Payable too high?
Labrador Iron Ore Royalty's current Days Payable of 105.15 is near median its 10-year median of 96.51. Over the past 10 years, this metric has ranged from a low of 76.59 to a high of 131.55. The Steel industry median Days Payable is 41.39. Labrador Iron Ore Royalty's value of 105.15 is 154% above this industry median. Based on the distribution chart, Labrador Iron Ore Royalty ranks #108 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Labrador Iron Ore Royalty has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Labrador Iron Ore Royalty ranks #108 out of 599 companies for Days Payable. This places Labrador Iron Ore Royalty in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Labrador Iron Ore Royalty's value of 105.15 is 154% above this benchmark. Historically, Labrador Iron Ore Royalty's own Days Payable has ranged from 76.59 to 131.55 over the past decade. While the company's 10-year median is 96.51 vs. the industry median of 41.39, Labrador Iron Ore Royalty 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 599 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. Labrador Iron Ore Royalty's current Days Payable of 105.15 is 154% 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 Labrador Iron Ore Royalty and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Iron Ore Royalty's current Days Payable is 105.15, which is near median its own 10-year median of 96.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (LIFZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.88, compared to a current price of $19.99 — trading 11.8% above its estimated fair value. The current Days Payable is 105.15, which is near median its 10-year median of 96.51 and 154% above the Steel industry median of 41.39. Labrador Iron Ore Royalty's overall GF Score™ is 74/100 with 5 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 Labrador Iron Ore Royalty (LIFZF), the current Days Payable is 105.15 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 Labrador Iron Ore Royalty (LIFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued.
The current stock price of $19.99 is trading 11.8% above its estimated GF Value™ of $17.88.
GuruFocus considers Labrador Iron Ore Royalty to be Modestly Overvalued.
Key valuation signals for LIFZF:
Days Payable: 105.15 (near median its 10-year median of 96.51)
GF Value™: $17.88 vs. price of $19.99 (11.8% above fair value)
Industry Position: 154% above the Steel median (#108 of 599)
No single metric tells the full story. See the LIFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
74GF Score
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