Goldgroup Mining (MEX:GGA N) Days Payable: 123.23 (As of Mar. 2026) — Near Median


MEX:GGA N Goldgroup Mining Inc MEX:GGA N
33 GF Score
Price MXN0.33
GF Value MXN0.03
! 6 Warning Signs
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What is Goldgroup Mining Days Payable?

Goldgroup Mining MEX:GGA N 33 Days Payable is 123.23 as of Mar. 2026, which is 0% above its 10-year median of 122.86. GuruFocus rates MEX:GGA N with a GF Score™ of 33/100 and a GF Value™ of MXN0.03. The stock has 6 warning signs investors should review. Among 1,064 Metals & Mining companies, Goldgroup Mining ranks better than 55.92% on this metric.

Goldgroup Mining's average Accounts Payable for the three months ended in Mar. 2026 was MXN440.4 Mil. Goldgroup Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN326.1 Mil. Hence, Goldgroup Mining's Days Payable for the three months ended in Mar. 2026 was 123.23.

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

MEX:GGA N' s Days Payable Range Over the Past 10 Years
Min: 88.62   Med: 122.86   Max: 3137.64
Current: 188.15

During the past 13 years, Goldgroup Mining's highest Days Payable was 3137.64. The lowest was 88.62. And the median was 122.86.

MEX:GGA N's Days Payable is ranked better than
55.92% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs MEX:GGA N: 188.15

Goldgroup Mining's Days Payable declined from Mar. 2025 (350.60) to Mar. 2026 (123.23). It may suggest that Goldgroup Mining accelerated paying its suppliers.


Goldgroup Mining Days Payable Historical Data

* Premium members only.

The historical data trend for Goldgroup Mining'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.

Goldgroup Mining Days Payable Chart

Goldgroup Mining 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 130.83 3,266.40 583.39 217.76 390.57

Goldgroup Mining 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 350.60 274.28 177.46 370.56 123.23

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

For the Gold subindustry, Goldgroup Mining'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.


Goldgroup Mining Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Goldgroup Mining's Days Payable falls into.


MEX:GGA N
33GF Score
Goldgroup Mining Inc MEX:GGA N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldgroup Mining 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.

Goldgroup Mining'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
=( (229.162 + 453.78) / 2 ) / 319.115*365
=341.471 / 319.115*365
=390.57

Goldgroup Mining'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
=( (453.78 + 426.96) / 2 ) / 326.085*365 / 4
=440.37 / 326.085*365 / 4
=123.23

* 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 123.23 mean?
Goldgroup Mining (MEX:GGA N) has a Days Payable of 123.23 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 Goldgroup Mining and its competitors. This is near median its historical median of 122.86. Over the past decade, Goldgroup Mining's Days Payable has ranged from 88.62 to 3,137.64. According to the industry distribution chart, Goldgroup Mining ranks #469 out of 1064 companies in the Metals & Mining industry, placing it in the top 44.1%.
Is Goldgroup Mining's Days Payable too high?
Goldgroup Mining's current Days Payable of 123.23 is near median its 10-year median of 122.86. Over the past 10 years, this metric has ranged from a low of 88.62 to a high of 3,137.64. The Metals & Mining industry median Days Payable is 127.62. Goldgroup Mining's value of 123.23 is 3.4% below this industry median. Based on the distribution chart, Goldgroup Mining ranks #469 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Goldgroup Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Goldgroup Mining's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Goldgroup Mining ranks #469 out of 1064 companies for Days Payable. This puts Goldgroup Mining in the upper half of its industry. The industry median Days Payable is 127.62. Goldgroup Mining's value of 123.23 is 3.4% below this benchmark. Historically, Goldgroup Mining's own Days Payable has ranged from 88.62 to 3,137.64 over the past decade. While the company's 10-year median is 122.86 vs. the industry median of 127.62, Goldgroup Mining 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. Goldgroup Mining's current Days Payable of 123.23 is 3.4% 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 Goldgroup Mining 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. Goldgroup Mining's current Days Payable is 123.23, which is near median its own 10-year median of 122.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldgroup Mining stock overvalued right now?
Goldgroup Mining (MEX:GGA N) has a current Days Payable of 123.23. The stock's GF Value™ is MXN0.03, compared to a current price of MXN0.33 — trading 1000% above its estimated fair value. The current Days Payable is 123.23, which is near median its 10-year median of 122.86 and 3.4% below the Metals & Mining industry median of 127.62. Goldgroup Mining's overall GF Score™ is 33/100 with 6 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 Goldgroup Mining (MEX:GGA N), the current Days Payable is 123.23 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 Goldgroup Mining (MEX:GGA N) Overvalued in 2026?

Based on GuruFocus' analysis, Goldgroup Mining stock appears to be overvalued. The current stock price of MXN0.33 is trading 1000% above its estimated GF Value™ of MXN0.03.

Key valuation signals for MEX:GGA N:

  • Days Payable: 123.23 (near median its 10-year median of 122.86)
  • GF Value™: MXN0.03 vs. price of MXN0.33 (1000% above fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 3.4% below the Metals & Mining median (#469 of 1064)

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


Goldgroup Mining Business Description

Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Goldgroup Mining Inc is focused on the acquisition, exploration and development of stage gold-bearing mineral properties in the Americas. The Companies current gold production and exploration and development related activities are conducted in Mexico. It property portfolio include Cerro Prieto project in Sonora and Pinos Project.
33GF Score

Get the complete analysis for MEX:GGA N

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

MXN0.33
Price
MXN0.03
GF Value