Grangex AB (OSTO:GRANGX) Days Payable: 84.05 (As of Mar. 2026) — 39% Below Median

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OSTO:GRANGX Grangex AB OSTO:GRANGX
31 GF Score
Price kr37.70
GF Value kr9.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Grangex AB Days Payable?

Grangex AB OSTO:GRANGX -9.16% 31 Days Payable is 84.05 as of Mar. 2026, which is 39% below its 10-year median of 137.17. GuruFocus rates OSTO:GRANGX with a GF Score™ of 31/100 and a GF Value™ of kr9.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,067 Metals & Mining companies, Grangex AB ranks better than 54.64% on this metric.

Grangex AB's average Accounts Payable for the three months ended in Mar. 2026 was kr13.00 Mil. Grangex AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr14.11 Mil. Hence, Grangex AB's Days Payable for the three months ended in Mar. 2026 was 84.05.

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

OSTO:GRANGX' s Days Payable Range Over the Past 10 Years
Min: 47.97   Med: 137.17   Max: 216.28
Current: 155.82

During the past 13 years, Grangex AB's highest Days Payable was 216.28. The lowest was 47.97. And the median was 137.17.

OSTO:GRANGX's Days Payable is ranked better than
54.64% of 1067 companies
in the Metals & Mining industry
Industry Median: 121.51 vs OSTO:GRANGX: 155.82

Grangex AB's Days Payable declined from Mar. 2025 (131.66) to Mar. 2026 (84.05). It may suggest that Grangex AB accelerated paying its suppliers.


Grangex AB Days Payable Historical Data

* Premium members only.

The historical data trend for Grangex 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.

Grangex AB Days Payable Chart

Grangex AB 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 135.86 138.47 203.31 216.28 204.26

Grangex AB 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 131.66 250.82 308.01 143.81 84.05

OSTO:GRANGX vs HL, SIND: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, Grangex 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.


Grangex AB Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Grangex AB's Days Payable falls into.


OSTO:GRANGX
31GF Score
Grangex AB OSTO:GRANGX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grangex AB 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.

Grangex AB'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
=( (16.386 + 9.475) / 2 ) / 23.106*365
=12.9305 / 23.106*365
=204.26

Grangex AB'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
=( (9.475 + 16.517) / 2 ) / 14.109*365 / 4
=12.996 / 14.109*365 / 4
=84.05

* 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 84.05 mean?
Grangex AB (OSTO:GRANGX) has a Days Payable of 84.05 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 Grangex AB and its competitors. This is 39% below median its historical median of 137.17. Over the past decade, Grangex AB's Days Payable has ranged from 47.97 to 216.28. According to the industry distribution chart, Grangex AB ranks #484 out of 1067 companies in the Metals & Mining industry, placing it in the top 45.4%.
Is Grangex AB's Days Payable too high?
Grangex AB's current Days Payable of 84.05 is 39% below median its 10-year median of 137.17. Over the past 10 years, this metric has ranged from a low of 47.97 to a high of 216.28. The Metals & Mining industry median Days Payable is 121.51. Grangex AB's value of 84.05 is 30.8% below this industry median. Based on the distribution chart, Grangex AB ranks #484 out of 1067 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Grangex AB has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grangex AB's Days Payable compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Grangex AB ranks #484 out of 1067 companies for Days Payable. This puts Grangex AB in the upper half of its industry. The industry median Days Payable is 121.51. Grangex AB's value of 84.05 is 30.8% below this benchmark. Historically, Grangex AB's own Days Payable has ranged from 47.97 to 216.28 over the past decade. While the company's 10-year median is 137.17 vs. the industry median of 121.51, Grangex 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 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. Grangex AB's current Days Payable of 84.05 is 30.8% 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 Grangex AB 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. Grangex AB's current Days Payable is 84.05, which is 39% below median its own 10-year median of 137.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grangex AB stock overvalued right now?
Based on GuruFocus' analysis, Grangex AB (OSTO:GRANGX) is currently considered Significantly Overvalued. The stock's GF Value™ is kr9.62, compared to a current price of kr37.70 — trading 291.9% above its estimated fair value. The current Days Payable is 84.05, which is 39% below median its 10-year median of 137.17 and 30.8% below the Metals & Mining industry median of 121.51. Grangex AB's overall GF Score™ is 31/100 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 Grangex AB (OSTO:GRANGX), the current Days Payable is 84.05 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 Grangex AB (OSTO:GRANGX) Overvalued in 2026?

Based on GuruFocus' analysis, Grangex AB stock appears to be overvalued. The current stock price of kr37.70 is trading 291.9% above its estimated GF Value™ of kr9.62. GuruFocus considers Grangex AB to be Significantly Overvalued.

Key valuation signals for OSTO:GRANGX:

  • Days Payable: 84.05 (39% below median its 10-year median of 137.17)
  • GF Value™: kr9.62 vs. price of kr37.70 (291.9% above fair value)
  • GF Score™: 31/100 with 7 warning signs
  • Industry Position: 30.8% below the Metals & Mining median (#484 of 1067)

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


Grangex AB Business Description

Other Exchanges 6MV:Germany
Address Vastmannagatan 1, Stockholm, SWE, 111 24
Grangex AB is a European mineral development company that develops and engages in the responsible extraction and recycling of minerals that contribute to society and climate. Its operations include Grangex Dannemora: Grangex Apatite: and Sala Bly.
31GF Score

Get the complete analysis for OSTO:GRANGX

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

kr37.70
Price
kr9.62
GF Value