NFGC (New Found Gold) Days Payable: 79.42 (As of Mar. 2026) — 79% Below Median


NFGC New Found Gold Corp NFGC
31 GF Score
Price $1.52
! 3 Warning Signs
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What is New Found Gold Days Payable?

New Found Gold NFGC +3.40% 31 Days Payable is 79.42 as of Mar. 2026, which is 79% below its 10-year median of 377.48. GuruFocus rates NFGC with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, New Found Gold ranks better than 56.3% on this metric.

New Found Gold's average Accounts Payable for the three months ended in Mar. 2026 was $5.36 Mil. New Found Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $6.16 Mil. Hence, New Found Gold's Days Payable for the three months ended in Mar. 2026 was 79.42.

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

NFGC' s Days Payable Range Over the Past 10 Years
Min: 193.13   Med: 377.48   Max: 377.48
Current: 193.13

During the past 7 years, New Found Gold's highest Days Payable was 377.48. The lowest was 193.13. And the median was 377.48.

NFGC's Days Payable is ranked better than
56.3% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs NFGC: 193.13

New Found Gold's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (79.42). It may suggest that New Found Gold delayed paying its suppliers.


New Found Gold Days Payable Historical Data

* Premium members only.

The historical data trend for New Found 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.

New Found Gold Days Payable Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 374.43

New Found 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 0.00 0.00 0.00 155.21 79.42

NFGC vs NEM, AU: Days Payable Comparison

For the Gold subindustry, New Found 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.


New Found Gold Days Payable vs Metals & Mining Industry

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

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


NFGC
31GF Score
New Found Gold Corp NFGC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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New Found 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.

New Found 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
=( (2.164 + 6.295) / 2 ) / 4.123*365
=4.2295 / 4.123*365
=374.43

New Found 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
=( (6.295 + 4.428) / 2 ) / 6.16*365 / 4
=5.3615 / 6.16*365 / 4
=79.42

* 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 79.42 mean?
New Found Gold (NFGC) has a Days Payable of 79.42 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 New Found Gold and its competitors. This is 79% below median its historical median of 377.48. Over the past decade, New Found Gold's Days Payable has ranged from 193.13 to 377.48. According to the industry distribution chart, New Found Gold ranks #465 out of 1064 companies in the Metals & Mining industry, placing it in the top 43.7%.
Is New Found Gold's Days Payable too high?
New Found Gold's current Days Payable of 79.42 is 79% below median its 10-year median of 377.48. Over the past 10 years, this metric has ranged from a low of 193.13 to a high of 377.48. The Metals & Mining industry median Days Payable is 127.62. New Found Gold's value of 79.42 is 37.8% below this industry median. Based on the distribution chart, New Found Gold ranks #465 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, New Found Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #465 out of 1064 companies for Days Payable. This puts New Found Gold in the upper half of its industry. The industry median Days Payable is 127.62. New Found Gold's value of 79.42 is 37.8% below this benchmark. Historically, New Found Gold's own Days Payable has ranged from 193.13 to 377.48 over the past decade. While the company's 10-year median is 377.48 vs. the industry median of 127.62, New Found 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. New Found Gold's current Days Payable of 79.42 is 37.8% 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 New Found 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. New Found Gold's current Days Payable is 79.42, which is 79% below median its own 10-year median of 377.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current Days Payable of 79.42. The current Days Payable is 79.42, which is 79% below median its 10-year median of 377.48 and 37.8% below the Metals & Mining industry median of 127.62. New Found Gold's overall GF Score™ is 31/100 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 New Found Gold (NFGC), the current Days Payable is 79.42 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.

New Found Gold Business Description

Other Exchanges 5QG:GermanyNFG:Canada
Address 1133 Melville Street, Suite 3500, Vancouver, BC, CAN, V6E 4E5
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
31GF Score

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