LUGDF (Lundin Gold) Days Payable: 10.24 (As of Mar. 2026) — 19% Below Median


LUGDF Lundin Gold Inc LUGDF
92 GF Score
Price $53.82
GF Value $46.48
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Lundin Gold Days Payable?

Lundin Gold LUGDF +3.98% 92 Days Payable is 10.24 as of Mar. 2026, which is 19% below its 10-year median of 12.68. GuruFocus rates LUGDF with a GF Score™ of 92/100 and a GF Value™ of $46.48 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Lundin Gold ranks worse than 97.27% on this metric.

Lundin Gold's average Accounts Payable for the three months ended in Mar. 2026 was $16 Mil. Lundin Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $147 Mil. Hence, Lundin Gold's Days Payable for the three months ended in Mar. 2026 was 10.24.

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

LUGDF' s Days Payable Range Over the Past 10 Years
Min: 9.97   Med: 12.68   Max: 73312.86
Current: 9.97

During the past 13 years, Lundin Gold's highest Days Payable was 73312.86. The lowest was 9.97. And the median was 12.68.

LUGDF's Days Payable is ranked worse than
97.27% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs LUGDF: 9.97

Lundin Gold's Days Payable declined from Mar. 2025 (12.58) to Mar. 2026 (10.24). It may suggest that Lundin Gold accelerated paying its suppliers.


Lundin Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Lundin 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.

Lundin Gold Days Payable Chart

Lundin Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.44 11.39 12.11 13.05 10.97

Lundin Gold 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 12.58 11.21 9.69 8.00 10.24

LUGDF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Lundin 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.


Lundin Gold Days Payable vs Metals & Mining Industry

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

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


LUGDF
92GF Score
Lundin Gold Inc LUGDF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lundin 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.

Lundin Gold'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
=( (18.261 + 15.201) / 2 ) / 556.603*365
=16.731 / 556.603*365
=10.97

Lundin Gold'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
=( (15.201 + 17.703) / 2 ) / 146.677*365 / 4
=16.452 / 146.677*365 / 4
=10.24

* 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 10.24 mean?
Lundin Gold (LUGDF) has a Days Payable of 10.24 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 Lundin Gold and its competitors. This is 19% below median its historical median of 12.68. Over the past decade, Lundin Gold's Days Payable has ranged from 9.97 to 73,312.86. According to the industry distribution chart, Lundin Gold ranks #1035 out of 1064 companies in the Metals & Mining industry, placing it in the top 97.3%.
Is Lundin Gold's Days Payable too high?
Lundin Gold's current Days Payable of 10.24 is 19% below median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 73,312.86. The Metals & Mining industry median Days Payable is 127.62. Lundin Gold's value of 10.24 is 92% below this industry median. Based on the distribution chart, Lundin Gold ranks #1035 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lundin Gold has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lundin Gold ranks #1035 out of 1064 companies for Days Payable. This places Lundin Gold in the lower half of its industry. The industry median Days Payable is 127.62. Lundin Gold's value of 10.24 is 92% below this benchmark. Historically, Lundin Gold's own Days Payable has ranged from 9.97 to 73,312.86 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 127.62, Lundin Gold 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 127.62, 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. Lundin Gold's current Days Payable of 10.24 is 92% 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 Lundin Gold 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. Lundin Gold's current Days Payable is 10.24, which is 19% below median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Gold stock overvalued right now?
Based on GuruFocus' analysis, Lundin Gold (LUGDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.48, compared to a current price of $53.82 — trading 15.8% above its estimated fair value. The current Days Payable is 10.24, which is 19% below median its 10-year median of 12.68 and 92% below the Metals & Mining industry median of 127.62. Lundin Gold's overall GF Score™ is 92/100 with 1 warning sign 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 Lundin Gold (LUGDF), the current Days Payable is 10.24 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 Lundin Gold (LUGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Gold stock appears to be overvalued. The current stock price of $53.82 is trading 15.8% above its estimated GF Value™ of $46.48. GuruFocus considers Lundin Gold to be Modestly Overvalued.

Key valuation signals for LUGDF:

  • Days Payable: 10.24 (19% below median its 10-year median of 12.68)
  • GF Value™: $46.48 vs. price of $53.82 (15.8% above fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 92% below the Metals & Mining median (#1035 of 1064)

No single metric tells the full story. See the LUGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lundin Gold Business Description

Address 1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador. The company[s primary business activity is the Fruta del Norte operating mine in Ecuador which derives majority of its revenues.
92GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$53.82
Price
$46.48
GF Value