NXGCF (NeXGold Mining) Days Payable: 829.00 (As of Mar. 2026) — 17% Below Median


NXGCF NeXGold Mining Corp NXGCF
35 GF Score
Price $0.89
! 1 Warning Sign
View Full Analysis

What is NeXGold Mining Days Payable?

NeXGold Mining NXGCF +0.01% 35 Days Payable is 829.00 as of Mar. 2026, which is 17% below its 10-year median of 996.15. GuruFocus rates NXGCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, NeXGold Mining ranks better than 65.79% on this metric.

NeXGold Mining's average Accounts Payable for the three months ended in Mar. 2026 was $1.39 Mil. NeXGold Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.15 Mil. Hence, NeXGold Mining's Days Payable for the three months ended in Mar. 2026 was 829.00.

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

NXGCF' s Days Payable Range Over the Past 10 Years
Min: 849.89   Med: 996.15   Max: 2338.92
Current: 849.89

During the past 13 years, NeXGold Mining's highest Days Payable was 2338.92. The lowest was 849.89. And the median was 996.15.

NXGCF's Days Payable is ranked better than
65.79% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs NXGCF: 849.89

NeXGold Mining's Days Payable declined from Mar. 2025 (995.94) to Mar. 2026 (829.00). It may suggest that NeXGold Mining accelerated paying its suppliers.


NeXGold Mining Days Payable Historical Data

* Premium members only.

The historical data trend for NeXGold Mining'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.

NeXGold Mining Days Payable Chart

NeXGold Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,329.67 981.72 1,001.94 1,011.16 837.21

NeXGold Mining 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 995.94 865.97 697.71 850.95 829.00

NXGCF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, NeXGold Mining'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.


NeXGold Mining Days Payable vs Metals & Mining Industry

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

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


NXGCF
35GF Score
NeXGold Mining Corp NXGCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NeXGold Mining 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.

NeXGold Mining'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
=( (1.329 + 1.451) / 2 ) / 0.606*365
=1.39 / 0.606*365
=837.21

NeXGold Mining'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
=( (1.451 + 1.329) / 2 ) / 0.153*365 / 4
=1.39 / 0.153*365 / 4
=829.00

* 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 829.00 mean?
NeXGold Mining (NXGCF) has a Days Payable of 829.00 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 NeXGold Mining and its competitors. This is 17% below median its historical median of 996.15. Over the past decade, NeXGold Mining's Days Payable has ranged from 849.89 to 2,338.92. According to the industry distribution chart, NeXGold Mining ranks #364 out of 1064 companies in the Metals & Mining industry, placing it in the top 34.2%.
Is NeXGold Mining's Days Payable too high?
NeXGold Mining's current Days Payable of 829.00 is 17% below median its 10-year median of 996.15. Over the past 10 years, this metric has ranged from a low of 849.89 to a high of 2,338.92. The Metals & Mining industry median Days Payable is 126.89. NeXGold Mining's value of 829.00 is 553.3% above this industry median. Based on the distribution chart, NeXGold Mining ranks #364 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, NeXGold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NeXGold Mining's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, NeXGold Mining ranks #364 out of 1064 companies for Days Payable. This puts NeXGold Mining in the upper half of its industry. The industry median Days Payable is 126.89. NeXGold Mining's value of 829.00 is 553.3% above this benchmark. Historically, NeXGold Mining's own Days Payable has ranged from 849.89 to 2,338.92 over the past decade. While the company's 10-year median is 996.15 vs. the industry median of 126.89, NeXGold Mining 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. NeXGold Mining's current Days Payable of 829.00 is 553.3% 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 NeXGold Mining 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. NeXGold Mining's current Days Payable is 829.00, which is 17% below median its own 10-year median of 996.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeXGold Mining stock overvalued right now?
NeXGold Mining (NXGCF) has a current Days Payable of 829.00. The current Days Payable is 829.00, which is 17% below median its 10-year median of 996.15 and 553.3% above the Metals & Mining industry median of 126.89. NeXGold Mining's overall GF Score™ is 35/100 with 1 warning sign 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 NeXGold Mining (NXGCF), the current Days Payable is 829.00 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.

NeXGold Mining Business Description

Other Exchanges TRC:GermanyNEXG:Canada
Address 20 Adelaide Street, Suite 401, Toronto, ON, CAN, M5C 2T6
NeXGold Mining Corp is an exploration-stage company. The company is engaged in the exploration and evaluation of mineral resources. The company's project includes the Goldboro gold project; Goliath gold complex, that includes: Goliath gold project, Goldlund project, Miller gold project; and Exploration Projects include: Niblack project, Weebigee-sandy lake project, Gold rock project.
35GF Score

Get the complete analysis for NXGCF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.89
Price