Eldorado Gold (MEX:EGO N) Days Payable: 75.60 (As of Mar. 2026) — 75% Above Median

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Founder & CEO of GuruFocus
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MEX:EGO N Eldorado Gold Corp MEX:EGO N
91 GF Score
Price MXN338.00
GF Value MXN409.87
! 3 Warning Signs
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What is Eldorado Gold Days Payable?

Eldorado Gold MEX:EGO N 91 Days Payable is 75.60 as of Mar. 2026, which is 75% above its 10-year median of 43.29. GuruFocus rates MEX:EGO N with a GF Score™ of 91/100 and a GF Value™ of MXN409.87. The stock has 3 warning signs investors should review. Among 1,063 Metals & Mining companies, Eldorado Gold ranks worse than 68.11% on this metric.

Eldorado Gold's average Accounts Payable for the three months ended in Mar. 2026 was MXN3,618 Mil. Eldorado Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN4,368 Mil. Hence, Eldorado Gold's Days Payable for the three months ended in Mar. 2026 was 75.60.

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

MEX:EGO N' s Days Payable Range Over the Past 10 Years
Min: 36.88   Med: 43.29   Max: 97.35
Current: 59.86

During the past 13 years, Eldorado Gold's highest Days Payable was 97.35. The lowest was 36.88. And the median was 43.29.

MEX:EGO N's Days Payable is ranked worse than
68.11% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs MEX:EGO N: 59.86

Eldorado Gold's Days Payable increased from Mar. 2025 (50.23) to Mar. 2026 (75.60). It may suggest that Eldorado Gold delayed paying its suppliers.


Eldorado Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Eldorado 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.

Eldorado Gold Days Payable Chart

Eldorado 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 37.61 39.02 44.23 42.19 64.60

Eldorado 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 50.23 0.00 0.00 67.27 75.60

MEX:EGO N vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Eldorado 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.


Eldorado Gold Days Payable vs Metals & Mining Industry

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

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


MEX:EGO N
91GF Score
Eldorado Gold Corp MEX:EGO N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado 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.

Eldorado 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
=( (2348.018 + 3618.407) / 2 ) / 16856.649*365
=2983.2125 / 16856.649*365
=64.60

Eldorado 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
=( (3618.407 + 0) / 1 ) / 4367.646*365 / 4
=3618.407 / 4367.646*365 / 4
=75.60

* 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 75.60 mean?
Eldorado Gold (MEX:EGO N) has a Days Payable of 75.60 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 Eldorado Gold and its competitors. This is 75% above median its historical median of 43.29. Over the past decade, Eldorado Gold's Days Payable has ranged from 36.88 to 97.35. According to the industry distribution chart, Eldorado Gold ranks #724 out of 1063 companies in the Metals & Mining industry, placing it in the top 68.1%.
Is Eldorado Gold's Days Payable too high?
Eldorado Gold's current Days Payable of 75.60 is 75% above median its 10-year median of 43.29. Over the past 10 years, this metric has ranged from a low of 36.88 to a high of 97.35. The Metals & Mining industry median Days Payable is 125.60. Eldorado Gold's value of 75.60 is 39.8% below this industry median. Based on the distribution chart, Eldorado Gold ranks #724 out of 1063 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Eldorado Gold has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #724 out of 1063 companies for Days Payable. This places Eldorado Gold in the lower half of its industry. The industry median Days Payable is 125.60. Eldorado Gold's value of 75.60 is 39.8% below this benchmark. Historically, Eldorado Gold's own Days Payable has ranged from 36.88 to 97.35 over the past decade. While the company's 10-year median is 43.29 vs. the industry median of 125.60, Eldorado 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 125.60, based on 1,063 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. Eldorado Gold's current Days Payable of 75.60 is 39.8% 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 Eldorado Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Days Payable is 75.60, which is 75% above median its own 10-year median of 43.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Eldorado Gold (MEX:EGO N) has a current Days Payable of 75.60. The stock's GF Value™ is MXN409.87, compared to a current price of MXN338.00 — trading 17.5% below its estimated fair value. The current Days Payable is 75.60, which is 75% above median its 10-year median of 43.29 and 39.8% below the Metals & Mining industry median of 125.60. Eldorado Gold's overall GF Score™ is 91/100 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 Eldorado Gold (MEX:EGO N), the current Days Payable is 75.60 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 Eldorado Gold (MEX:EGO N) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued. The current stock price of MXN338.00 is trading 17.5% below its estimated GF Value™ of MXN409.87.

Key valuation signals for MEX:EGO N:

  • Days Payable: 75.60 (75% above median its 10-year median of 43.29)
  • GF Value™: MXN409.87 vs. price of MXN338.00 (17.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 39.8% below the Metals & Mining median (#724 of 1063)

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


Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
91GF Score

Get the complete analysis for MEX:EGO N

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

MXN338.00
Price
MXN409.87
GF Value