IGO (MEX:IGON) Days Payable: 0.00 (As of Dec. 2025)


What is IGO Days Payable?

IGO MEX:IGON 55 Days Payable is 0.00 as of Dec. 2025. GuruFocus rates MEX:IGON with a GF Score™ of 55/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, IGO ranks worse than 93984.87% on this metric.

IGO's average Accounts Payable for the six months ended in Dec. 2025 was MXN475.95 Mil. IGO's Cost of Goods Sold for the six months ended in Dec. 2025 was MXN0.00 Mil.

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

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

IGO's Days Payable stayed the same from Dec. 2024 (0.00) to Dec. 2025 (0.00).

IGO Days Payable Historical Data

* Premium members only.

The historical data trend for IGO'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.

IGO Days Payable Chart

IGO 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

IGO Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

IGO Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, IGO'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.

IGO Days Payable vs Metals & Mining Industry

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

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


IGO 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.

IGO'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
=( (835.718 + 579.831) / 2 ) / 0*365
=707.7745 / 0*365
=N/A

IGO's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (579.831 + 372.078) / 2 ) / 0*365 / 2
=475.9545 / 0*365 / 2
=N/A

* 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?
IGO (MEX:IGON) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IGO and its competitors. According to the industry distribution chart, IGO ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is IGO's Days Payable too high?
IGO's current Days Payable is 0.00. Based on the distribution chart, IGO ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, IGO has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does IGO's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, IGO ranks #999999 out of 1064 companies for Days Payable. This places IGO 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 IGO 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. IGO'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 IGO stock overvalued right now?
IGO (MEX:IGON) has a current Days Payable of 0.00. The current Days Payable is 0.00. IGO's overall GF Score™ is 55/100 with 2 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 IGO (MEX:IGON), the current Days Payable is 0.00 as of Dec. 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.

IGO Business Description

Address 85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium and Albemarle. Greenbushes is the world's lowest-cost hard rock lithium resource. IGO also has an interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.