LOMEF (Black Spruce Exploration) Days Payable: 0.00 (As of Mar. 2026)


What is Black Spruce Exploration Days Payable?

Black Spruce Exploration LOMEF +12.43% Days Payable is 0.00 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Black Spruce Exploration ranks worse than 93984.87% on this metric.

Black Spruce Exploration's average Accounts Payable for the three months ended in Mar. 2026 was $0.00 Mil. Black Spruce Exploration's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.01 Mil. Hence, Black Spruce Exploration's Days Payable for the three months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Black Spruce Exploration's Days Payable or its related term are showing as below:

LOMEF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Black Spruce Exploration's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same

Black Spruce Exploration Days Payable Historical Data

* Premium members only.

The historical data trend for Black Spruce Exploration'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.

Black Spruce Exploration Days Payable Chart

Black Spruce Exploration Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Black Spruce Exploration 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 0.00 0.00 0.00 0.00 0.00

Black Spruce Exploration Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Spruce Exploration'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.

Black Spruce Exploration Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Black Spruce Exploration's Days Payable falls into.


Black Spruce Exploration 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.

Black Spruce Exploration's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0.067*365
=0 / 0.067*365
=0.00

Black Spruce Exploration'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 + 0) / 1 ) / 0.005*365 / 4
=0 / 0.005*365 / 4
=0.00

* 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 0.00 mean?
Black Spruce Exploration (LOMEF) has a Days Payable of 0.00 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 Black Spruce Exploration and its competitors. According to the industry distribution chart, Black Spruce Exploration ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Black Spruce Exploration's Days Payable too high?
Black Spruce Exploration's current Days Payable is 0.00. Based on the distribution chart, Black Spruce Exploration ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Black Spruce Exploration's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Black Spruce Exploration ranks #999999 out of 1064 companies for Days Payable. This places Black Spruce Exploration in the lower half of its industry. The industry median Days Payable is 127.62. 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 127.62, 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. 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 Black Spruce Exploration and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Spruce Exploration's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spruce Exploration stock overvalued right now?
Black Spruce Exploration (LOMEF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Black Spruce Exploration (LOMEF), the current Days Payable is 0.00 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.

Black Spruce Exploration Business Description

Other Exchanges BARK:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Black Spruce Exploration Inc, formerly Lithium One Metals Inc is engaged in the exploration and evaluation of resource properties in North America. It is a lithium explorer with its projects in Ontario and Quebec, and its projects include Sirmac Property, Taycan Property, Root South Property, Sharp Property, and others.