LONCF (Loncor Gold) Days Payable: 2,928.69 (As of Sep. 2025) — 23% Above Median


LONCF Loncor Gold Inc LONCF
20 GF Score
Price $1.02
! 3 Warning Signs
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What is Loncor Gold Days Payable?

Loncor Gold LONCF 20 Days Payable is 2,928.69 as of Sep. 2025, which is 23% above its 10-year median of 2,373.32. GuruFocus rates LONCF with a GF Score™ of 20/100. The stock has 3 warning signs investors should review.

Loncor Gold's average Accounts Payable for the three months ended in Sep. 2025 was $0.67 Mil. Loncor Gold's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.02 Mil. Hence, Loncor Gold's Days Payable for the three months ended in Sep. 2025 was 2,928.69.

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

LONCF' s Days Payable Range Over the Past 10 Years
Min: 595.42   Med: 2373.32   Max: 45579.38
Current: 3335.73

During the past 13 years, Loncor Gold's highest Days Payable was 45579.38. The lowest was 595.42. And the median was 2373.32.

LONCF's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 127.26 vs LONCF: 3335.73

Loncor Gold's Days Payable declined from Sep. 2024 (3,050.36) to Sep. 2025 (2,928.69). It may suggest that Loncor Gold accelerated paying its suppliers.


Loncor Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Loncor 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.

Loncor Gold Days Payable Chart

Loncor Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,036.80 2,297.41 2,396.67 2,247.36 2,491.23

Loncor Gold Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3,050.36 3,321.93 3,806.43 3,849.88 2,928.69

LONCF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Loncor 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.


Loncor Gold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Loncor Gold's Days Payable falls into.


LONCF
20GF Score
Loncor Gold Inc LONCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Loncor Gold 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.

Loncor Gold's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.367 + 0.766) / 2 ) / 0.083*365
=0.5665 / 0.083*365
=2,491.23

Loncor Gold's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.786 + 0.562) / 2 ) / 0.021*365 / 4
=0.674 / 0.021*365 / 4
=2,928.69

* 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 2,928.69 mean?
Loncor Gold (LONCF) has a Days Payable of 2,928.69 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Loncor Gold and its competitors. This is 23% above median its historical median of 2,373.32. Over the past decade, Loncor Gold's Days Payable has ranged from 595.42 to 45,579.38.
Is Loncor Gold's Days Payable too high?
Loncor Gold's current Days Payable of 2,928.69 is 23% above median its 10-year median of 2,373.32. Over the past 10 years, this metric has ranged from a low of 595.42 to a high of 45,579.38. The Metals & Mining industry median Days Payable is 127.26. Loncor Gold's value of 2,928.69 is 2201.3% above this industry median. Overall, Loncor Gold has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Loncor Gold's Days Payable compare to NEM and AU?
Loncor Gold's Days Payable of 2,928.69 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. Loncor Gold's value of 2,928.69 is 2201.3% above this benchmark. Historically, Loncor Gold's own Days Payable has ranged from 595.42 to 45,579.38 over the past decade. While the company's 10-year median is 2,373.32 vs. the industry median of 127.26, Loncor 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. Loncor Gold's current Days Payable of 2,928.69 is 2201.3% 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 Loncor 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. Loncor Gold's current Days Payable is 2,928.69, which is 23% above median its own 10-year median of 2,373.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loncor Gold stock overvalued right now?
Loncor Gold (LONCF) has a current Days Payable of 2,928.69. The current Days Payable is 2,928.69, which is 23% above median its 10-year median of 2,373.32 and 2201.3% above the Metals & Mining industry median of 127.26. Loncor Gold's overall GF Score™ is 20/100 with 3 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 Loncor Gold (LONCF), the current Days Payable is 2,928.69 as of Sep. 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.

Loncor Gold Business Description

Address 4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8
Loncor Gold Inc is a Canadian gold exploration company focussed on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.
20GF Score

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