RMESF (Red Metal Resources) Days Payable: 7,665.00 (As of Oct. 2025) — 50% Below Median


What is Red Metal Resources Days Payable?

Red Metal Resources RMESF Days Payable is 7,665.00 as of Oct. 2025, which is 50% below its 10-year median of 15,220.50. The stock has 4 warning signs investors should review. Among 1,064 Metals & Mining companies, Red Metal Resources ranks better than 84.4% on this metric.

Red Metal Resources's average Accounts Payable for the three months ended in Oct. 2025 was $0.08 Mil. Red Metal Resources's Cost of Goods Sold for the three months ended in Oct. 2025 was $0.00 Mil. Hence, Red Metal Resources's Days Payable for the three months ended in Oct. 2025 was 7,665.00.

The historical rank and industry rank for Red Metal Resources's Days Payable or its related term are showing as below:

RMESF' s Days Payable Range Over the Past 10 Years
Min: 1873.03   Med: 15220.5   Max: 184507.5
Current: 7062.75

During the past 13 years, Red Metal Resources's highest Days Payable was 184507.50. The lowest was 1873.03. And the median was 15220.50.

RMESF's Days Payable is ranked better than
84.4% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs RMESF: 7062.75

Red Metal Resources's Days Payable increased from Oct. 2024 (7,414.06) to Oct. 2025 (7,665.00). It may suggest that Red Metal Resources delayed paying its suppliers.


Red Metal Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Red Metal Resources'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.

Red Metal Resources Days Payable Chart

Red Metal Resources Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,600.00 3,884.64 1,955.36 3,193.75 7,091.43

Red Metal Resources Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 7,414.06 14,371.88 9,763.75 8,303.75 7,665.00

Red Metal Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal Resources'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.


Red Metal Resources Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Red Metal Resources's Days Payable falls into.



Red Metal Resources 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.

Red Metal Resources's Days Payable for the fiscal year that ended in Jan. 2025 is calculated as

Days Payable (A: Jan. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2024 ) + Accounts Payable (A: Jan. 2025 )) / count ) / Cost of Goods Sold (A: Jan. 2025 )*Days in Period
=( (0.13 + 0.142) / 2 ) / 0.007*365
=0.136 / 0.007*365
=7,091.43

Red Metal Resources's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (0.11 + 0.058) / 2 ) / 0.001*365 / 4
=0.084 / 0.001*365 / 4
=7,665.00

* 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 7,665.00 mean?
Red Metal Resources (RMESF) has a Days Payable of 7,665.00 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Red Metal Resources and its competitors. This is 50% below median its historical median of 15,220.50. Over the past decade, Red Metal Resources' Days Payable has ranged from 1,873.03 to 184,507.50. According to the industry distribution chart, Red Metal Resources ranks #166 out of 1064 companies in the Metals & Mining industry, placing it in the top 15.6%.
Is Red Metal Resources' Days Payable too high?
Red Metal Resources' current Days Payable of 7,665.00 is 50% below median its 10-year median of 15,220.50. Over the past 10 years, this metric has ranged from a low of 1,873.03 to a high of 184,507.50. The Metals & Mining industry median Days Payable is 127.62. Red Metal Resources' value of 7,665.00 is 5906.1% above this industry median. Based on the distribution chart, Red Metal Resources ranks #166 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Red Metal Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Red Metal Resources ranks #166 out of 1064 companies for Days Payable. This places Red Metal Resources in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.62. Red Metal Resources' value of 7,665.00 is 5906.1% above this benchmark. Historically, Red Metal Resources' own Days Payable has ranged from 1,873.03 to 184,507.50 over the past decade. While the company's 10-year median is 15,220.50 vs. the industry median of 127.62, Red Metal Resources 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 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. Red Metal Resources's current Days Payable of 7,665.00 is 5906.1% 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 Red Metal Resources 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. Red Metal Resources's current Days Payable is 7,665.00, which is 50% below median its own 10-year median of 15,220.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Days Payable of 7,665.00. The current Days Payable is 7,665.00, which is 50% below median its 10-year median of 15,220.50 and 5906.1% above the Metals & Mining industry median of 127.62. 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 Red Metal Resources (RMESF), the current Days Payable is 7,665.00 as of Oct. 2025. 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.