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What is Northern Minerals and Exploration Days Payable?
Northern Minerals and ExplorationNMEX Days Payable is 1,406.77 as of Apr. 2026, which is 5% above its 10-year median of 1,345.94. The stock has 6 warning signs investors should review. Among 1,067 Metals & Mining companies, Northern Minerals and Exploration ranks better than 68.13% on this metric.
* 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.
Northern Minerals and Exploration Days Payable Chart
For the Other Precious Metals & Mining subindustry, Northern Minerals and Exploration'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.
Northern Minerals and Exploration Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Minerals and Exploration's Days Payable distribution charts can be found below:
* The bar in red indicates where Northern Minerals and Exploration's Days Payable falls into.
Northern Minerals and Exploration 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.
* 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.
Northern Minerals and Exploration (NMEX) has a Days Payable of 1,406.77 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Northern Minerals and Exploration and its competitors. This is near median its historical median of 1,345.94. Over the past decade, Northern Minerals and Exploration's Days Payable has ranged from 323.18 to 3,163.33. According to the industry distribution chart, Northern Minerals and Exploration ranks #340 out of 1067 companies in the Metals & Mining industry, placing it in the top 31.9%.
Is Northern Minerals and Exploration's Days Payable too high?
Northern Minerals and Exploration's current Days Payable of 1,406.77 is near median its 10-year median of 1,345.94. Over the past 10 years, this metric has ranged from a low of 323.18 to a high of 3,163.33. The Metals & Mining industry median Days Payable is 121.51. Northern Minerals and Exploration's value of 1,406.77 is 1057.7% above this industry median. Based on the distribution chart, Northern Minerals and Exploration ranks #340 out of 1067 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Northern Minerals and Exploration's Days Payable compare to GLNS and SILS?
According to the Metals & Mining industry distribution chart, Northern Minerals and Exploration ranks #340 out of 1067 companies for Days Payable. This puts Northern Minerals and Exploration in the upper half of its industry. The industry median Days Payable is 121.51. Northern Minerals and Exploration's value of 1,406.77 is 1057.7% above this benchmark. Historically, Northern Minerals and Exploration's own Days Payable has ranged from 323.18 to 3,163.33 over the past decade. While the company's 10-year median is 1,345.94 vs. the industry median of 121.51, Northern Minerals and Exploration has consistently been above 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 121.51, based on 1,067 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. Northern Minerals and Exploration's current Days Payable of 1,406.77 is 1057.7% above 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 Northern Minerals and Exploration and its competitors. For the Metals & Mining industry, the median Days Payable is 121.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Minerals and Exploration's current Days Payable is 1,406.77, which is near median its own 10-year median of 1,345.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Minerals and Exploration stock overvalued right now?
Northern Minerals and Exploration (NMEX) has a current Days Payable of 1,406.77. The current Days Payable is 1,406.77, which is near median its 10-year median of 1,345.94 and 1057.7% above the Metals & Mining industry median of 121.51. 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 Northern Minerals and Exploration (NMEX), the current Days Payable is 1,406.77 as of Apr. 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.
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.
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