Bluelake Mineral ABNGM:BLUE -2.70%30 Days Payable is 27.21 as of Mar. 2026, which is 72% below its 10-year median of 97.54. GuruFocus rates NGM:BLUE with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,061 Metals & Mining companies, Bluelake Mineral AB ranks better than 51.37% on this metric.
The historical rank and industry rank for Bluelake Mineral AB's Days Payable or its related term are showing as below:
NGM:BLUE'
s Days Payable Range Over the Past 10 Years
Min: 28.85 Med: 97.54 Max: 1562.29
Current: 139.95
During the past 13 years, Bluelake Mineral AB's highest Days Payable was 1562.29. The lowest was 28.85. And the median was 97.54.
NGM:BLUE's Days Payable is ranked better than 51.37% of 1061
companies
in the Metals & Mining industry
Industry Median: 126.51
vs NGM:BLUE: 139.95
Bluelake Mineral AB's Days Payable
declined
from Mar. 2025 (394.06) to Mar. 2026 (27.21).
It may suggest that Bluelake Mineral ABaccelerated paying its suppliers.
Bluelake Mineral AB Days Payable Related Terms
Bluelake Mineral AB Days Payable Historical Data
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The historical data trend for Bluelake Mineral AB'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.
Bluelake Mineral AB Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.
Bluelake Mineral AB Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Bluelake Mineral AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Bluelake Mineral AB's Days Payable falls into.
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.
Bluelake Mineral AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Bluelake Mineral AB (NGM:BLUE) has a Days Payable of 27.21 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 Bluelake Mineral AB and its competitors. This is 72% below median its historical median of 97.54. Over the past decade, Bluelake Mineral AB's Days Payable has ranged from 28.85 to 1,562.29. According to the industry distribution chart, Bluelake Mineral AB ranks #516 out of 1061 companies in the Metals & Mining industry, placing it in the top 48.6%.
Is Bluelake Mineral AB's Days Payable too high?
Bluelake Mineral AB's current Days Payable of 27.21 is 72% below median its 10-year median of 97.54. Over the past 10 years, this metric has ranged from a low of 28.85 to a high of 1,562.29. The Metals & Mining industry median Days Payable is 126.51. Bluelake Mineral AB's value of 27.21 is 78.5% below this industry median. Based on the distribution chart, Bluelake Mineral AB ranks #516 out of 1061 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Bluelake Mineral AB has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Bluelake Mineral AB's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Bluelake Mineral AB ranks #516 out of 1061 companies for Days Payable. This puts Bluelake Mineral AB in the upper half of its industry. The industry median Days Payable is 126.51. Bluelake Mineral AB's value of 27.21 is 78.5% below this benchmark. Historically, Bluelake Mineral AB's own Days Payable has ranged from 28.85 to 1,562.29 over the past decade. While the company's 10-year median is 97.54 vs. the industry median of 126.51, Bluelake Mineral AB 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 126.51, based on 1,061 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. Bluelake Mineral AB's current Days Payable of 27.21 is 78.5% 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 Bluelake Mineral AB and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluelake Mineral AB's current Days Payable is 27.21, which is 72% below median its own 10-year median of 97.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluelake Mineral AB stock overvalued right now?
Bluelake Mineral AB (NGM:BLUE) has a current Days Payable of 27.21. The current Days Payable is 27.21, which is 72% below median its 10-year median of 97.54 and 78.5% below the Metals & Mining industry median of 126.51. Bluelake Mineral AB's overall GF Score™ is 30/100 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 Bluelake Mineral AB (NGM:BLUE), the current Days Payable is 27.21 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.
Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.
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