NextSource MaterialsNSRCF -3.89%29 Days Payable is 714.19 as of Mar. 2026, which is 33% below its 10-year median of 1,060.65. GuruFocus rates NSRCF with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 1,064 Metals & Mining companies, NextSource Materials ranks better than 55.17% on this metric.
The historical rank and industry rank for NextSource Materials's Days Payable or its related term are showing as below:
NSRCF'
s Days Payable Range Over the Past 10 Years
Min: 178.35 Med: 1060.65 Max: 3796
Current: 178.35
During the past 13 years, NextSource Materials's highest Days Payable was 3796.00. The lowest was 178.35. And the median was 1060.65.
NSRCF's Days Payable is ranked better than 55.17% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs NSRCF: 178.35
NextSource Materials's Days Payable
increased
from Mar. 2025 (705.98) to Mar. 2026 (714.19).
It may suggest that NextSource Materialsdelayed paying its suppliers.
NextSource Materials Days Payable Related Terms
NextSource Materials Days Payable Historical Data
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The historical data trend for NextSource Materials'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.
NextSource Materials Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, NextSource Materials'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.
NextSource Materials Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NextSource Materials's Days Payable distribution charts can be found below:
* The bar in red indicates where NextSource Materials'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.
NextSource Materials's Days Payable for the fiscal year that ended in Jun. 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.
NextSource Materials (NSRCF) has a Days Payable of 714.19 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 NextSource Materials and its competitors. This is 33% below median its historical median of 1,060.65. Over the past decade, NextSource Materials' Days Payable has ranged from 178.35 to 3,796.00. According to the industry distribution chart, NextSource Materials ranks #477 out of 1064 companies in the Metals & Mining industry, placing it in the top 44.8%.
Is NextSource Materials' Days Payable too high?
NextSource Materials' current Days Payable of 714.19 is 33% below median its 10-year median of 1,060.65. Over the past 10 years, this metric has ranged from a low of 178.35 to a high of 3,796.00. The Metals & Mining industry median Days Payable is 126.89. NextSource Materials' value of 714.19 is 462.9% above this industry median. Based on the distribution chart, NextSource Materials ranks #477 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, NextSource Materials has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, NextSource Materials ranks #477 out of 1064 companies for Days Payable. This puts NextSource Materials in the upper half of its industry. The industry median Days Payable is 126.89. NextSource Materials' value of 714.19 is 462.9% above this benchmark. Historically, NextSource Materials' own Days Payable has ranged from 178.35 to 3,796.00 over the past decade. While the company's 10-year median is 1,060.65 vs. the industry median of 126.89, NextSource Materials 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 126.89, 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. NextSource Materials's current Days Payable of 714.19 is 462.9% 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 NextSource Materials and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextSource Materials's current Days Payable is 714.19, which is 33% below median its own 10-year median of 1,060.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (NSRCF) has a current Days Payable of 714.19. The current Days Payable is 714.19, which is 33% below median its 10-year median of 1,060.65 and 462.9% above the Metals & Mining industry median of 126.89. NextSource Materials' overall GF Score™ is 29/100 with 7 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 NextSource Materials (NSRCF), the current Days Payable is 714.19 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.
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
29GF Score
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