Rio2RIOFF +2.37%33 Days Payable is 96.42 as of Mar. 2026, which is 99% below its 10-year median of 12,320.50. GuruFocus rates RIOFF with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Rio2 ranks better than 58.74% on this metric.
Rio2's average Accounts Payable for the
three
months ended in Mar. 2026 was $43.54 Mil. Rio2's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $41.21 Mil.
Hence, Rio2's Days Payable for the
three
months ended in Mar. 2026 was 96.42.
The historical rank and industry rank for Rio2's Days Payable or its related term are showing as below:
RIOFF'
s Days Payable Range Over the Past 10 Years
Min: 157.25 Med: 12320.5 Max: 60225
Current: 254.25
During the past 13 years, Rio2's highest Days Payable was 60225.00. The lowest was 157.25. And the median was 12320.50.
RIOFF's Days Payable is ranked better than 58.74% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs RIOFF: 254.25
Rio2's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (96.42).
It may suggest that Rio2delayed paying its suppliers.
Rio2 Days Payable Related Terms
Rio2 Days Payable Historical Data
* Premium members only.
The historical data trend for Rio2'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.
For the Gold subindustry, Rio2'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.
Rio2 Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Rio2's Days Payable distribution charts can be found below:
* The bar in red indicates where Rio2'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.
Rio2's Days Payable for the fiscal year that ended in Dec. 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.
Rio2 (RIOFF) has a Days Payable of 96.42 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 Rio2 and its competitors. This is 99% below median its historical median of 12,320.50. Over the past decade, Rio2's Days Payable has ranged from 157.25 to 60,225.00. According to the industry distribution chart, Rio2 ranks #439 out of 1064 companies in the Metals & Mining industry, placing it in the top 41.3%.
Is Rio2's Days Payable too high?
Rio2's current Days Payable of 96.42 is 99% below median its 10-year median of 12,320.50. Over the past 10 years, this metric has ranged from a low of 157.25 to a high of 60,225.00. The Metals & Mining industry median Days Payable is 127.62. Rio2's value of 96.42 is 24.4% below this industry median. Based on the distribution chart, Rio2 ranks #439 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Rio2 has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Rio2's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Rio2 ranks #439 out of 1064 companies for Days Payable. This puts Rio2 in the upper half of its industry. The industry median Days Payable is 127.62. Rio2's value of 96.42 is 24.4% below this benchmark. Historically, Rio2's own Days Payable has ranged from 157.25 to 60,225.00 over the past decade. While the company's 10-year median is 12,320.50 vs. the industry median of 127.62, Rio2 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. Rio2's current Days Payable of 96.42 is 24.4% 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 Rio2 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. Rio2's current Days Payable is 96.42, which is 99% below median its own 10-year median of 12,320.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rio2 stock overvalued right now?
Rio2 (RIOFF) has a current Days Payable of 96.42. The current Days Payable is 96.42, which is 99% below median its 10-year median of 12,320.50 and 24.4% below the Metals & Mining industry median of 127.62. Rio2's overall GF Score™ is 33/100 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 Rio2 (RIOFF), the current Days Payable is 96.42 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.
Rio2 Ltd is a Canada-based mining company focused on the development and operation of gold mining projects in Latin America. The company's primary asset is the Fenix Gold Mine located in Chile, which is in the development stage and represents its main operating focus. The company operates through one operating segment, the Fenix Gold Mine.
33GF Score
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