ORZCF (Orezone Gold) Days Payable: 48.61 (As of Mar. 2026) — 16% Below Median


ORZCF Orezone Gold Corp ORZCF
28 GF Score
Price $1.53
GF Value $0.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Orezone Gold Days Payable?

Orezone Gold ORZCF -5.56% 28 Days Payable is 48.61 as of Mar. 2026, which is 16% below its 10-year median of 58.02. GuruFocus rates ORZCF with a GF Score™ of 28/100 and a GF Value™ of $0.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Orezone Gold ranks worse than 72.84% on this metric.

Orezone Gold's average Accounts Payable for the three months ended in Mar. 2026 was $47.7 Mil. Orezone Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $89.5 Mil. Hence, Orezone Gold's Days Payable for the three months ended in Mar. 2026 was 48.61.

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

ORZCF' s Days Payable Range Over the Past 10 Years
Min: 41.34   Med: 58.02   Max: 291.4
Current: 51.48

During the past 13 years, Orezone Gold's highest Days Payable was 291.40. The lowest was 41.34. And the median was 58.02.

ORZCF's Days Payable is ranked worse than
72.84% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs ORZCF: 51.48

Orezone Gold's Days Payable declined from Mar. 2025 (48.85) to Mar. 2026 (48.61). It may suggest that Orezone Gold accelerated paying its suppliers.


Orezone Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Orezone 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.

Orezone Gold Days Payable Chart

Orezone Gold 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 0.00 162.18 41.11 45.85 57.45

Orezone 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 48.85 45.87 57.64 49.78 48.61

ORZCF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Orezone 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.


Orezone Gold Days Payable vs Metals & Mining Industry

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

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


ORZCF
28GF Score
Orezone Gold Corp ORZCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Orezone 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.

Orezone 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
=( (19.864 + 45.193) / 2 ) / 206.675*365
=32.5285 / 206.675*365
=57.45

Orezone 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
=( (45.193 + 50.145) / 2 ) / 89.475*365 / 4
=47.669 / 89.475*365 / 4
=48.61

* 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 48.61 mean?
Orezone Gold (ORZCF) has a Days Payable of 48.61 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 Orezone Gold and its competitors. This is 16% below median its historical median of 58.02. Over the past decade, Orezone Gold's Days Payable has ranged from 41.34 to 291.40. According to the industry distribution chart, Orezone Gold ranks #775 out of 1064 companies in the Metals & Mining industry, placing it in the top 72.8%.
Is Orezone Gold's Days Payable too high?
Orezone Gold's current Days Payable of 48.61 is 16% below median its 10-year median of 58.02. Over the past 10 years, this metric has ranged from a low of 41.34 to a high of 291.40. The Metals & Mining industry median Days Payable is 127.62. Orezone Gold's value of 48.61 is 61.9% below this industry median. Based on the distribution chart, Orezone Gold ranks #775 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Orezone Gold has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orezone Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Orezone Gold ranks #775 out of 1064 companies for Days Payable. This places Orezone Gold in the lower half of its industry. The industry median Days Payable is 127.62. Orezone Gold's value of 48.61 is 61.9% below this benchmark. Historically, Orezone Gold's own Days Payable has ranged from 41.34 to 291.40 over the past decade. While the company's 10-year median is 58.02 vs. the industry median of 127.62, Orezone 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. Orezone Gold's current Days Payable of 48.61 is 61.9% 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 Orezone 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. Orezone Gold's current Days Payable is 48.61, which is 16% below median its own 10-year median of 58.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orezone Gold stock overvalued right now?
Based on GuruFocus' analysis, Orezone Gold (ORZCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.87, compared to a current price of $1.53 — trading 75.9% above its estimated fair value. The current Days Payable is 48.61, which is 16% below median its 10-year median of 58.02 and 61.9% below the Metals & Mining industry median of 127.62. Orezone Gold's overall GF Score™ is 28/100 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 Orezone Gold (ORZCF), the current Days Payable is 48.61 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.

Is Orezone Gold (ORZCF) Overvalued in 2026?

Based on GuruFocus' analysis, Orezone Gold stock appears to be overvalued. The current stock price of $1.53 is trading 75.9% above its estimated GF Value™ of $0.87. GuruFocus considers Orezone Gold to be Significantly Overvalued.

Key valuation signals for ORZCF:

  • Days Payable: 48.61 (16% below median its 10-year median of 58.02)
  • GF Value™: $0.87 vs. price of $1.53 (75.9% above fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 61.9% below the Metals & Mining median (#775 of 1064)

No single metric tells the full story. See the ORZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orezone Gold Business Description

Address 505 Burrard Street, Suite 450, Vancouver, BC, CAN, V7X 1M3
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation, and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties.
28GF Score

Get the complete analysis for ORZCF

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

$1.53
Price
$0.87
GF Value