SHCMF (Search Minerals) Days Payable: 15,006.48 (As of Feb. 2026) — 64% Above Median


SHCMF Search Minerals Inc SHCMF
34 GF Score
Price $0.16
! 3 Warning Signs
View Full Analysis

What is Search Minerals Days Payable?

Search Minerals SHCMF 34 Days Payable is 15,006.48 as of Feb. 2026, which is 64% above its 10-year median of 9,131.03. GuruFocus rates SHCMF with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Search Minerals ranks better than 88.91% on this metric.

Search Minerals's average Accounts Payable for the three months ended in Feb. 2026 was $1.81 Mil. Search Minerals's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.01 Mil. Hence, Search Minerals's Days Payable for the three months ended in Feb. 2026 was 15,006.48.

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

SHCMF' s Days Payable Range Over the Past 10 Years
Min: 2258.71   Med: 9131.03   Max: 32971.67
Current: 12608.41

During the past 13 years, Search Minerals's highest Days Payable was 32971.67. The lowest was 2258.71. And the median was 9131.03.

SHCMF's Days Payable is ranked better than
88.91% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs SHCMF: 12608.41

Search Minerals's Days Payable increased from Feb. 2025 (10,617.95) to Feb. 2026 (15,006.48). It may suggest that Search Minerals delayed paying its suppliers.


Search Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Search Minerals'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.

Search Minerals Days Payable Chart

Search Minerals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,946.07 2,963.03 4,410.81 9,175.34 11,680.00

Search Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 10,617.95 12,221.42 12,437.38 11,667.83 15,006.48

Search Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Search Minerals'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.


Search Minerals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Search Minerals's Days Payable falls into.


SHCMF
34GF Score
Search Minerals Inc SHCMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Search Minerals 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.

Search Minerals's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as

Days Payable (A: Nov. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2024 ) + Accounts Payable (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (2.228 + 1.804) / 2 ) / 0.063*365
=2.016 / 0.063*365
=11,680.00

Search Minerals's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (1.804 + 1.814) / 2 ) / 0.011*365 / 4
=1.809 / 0.011*365 / 4
=15,006.48

* 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 15,006.48 mean?
Search Minerals (SHCMF) has a Days Payable of 15,006.48 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Search Minerals and its competitors. This is 64% above median its historical median of 9,131.03. Over the past decade, Search Minerals' Days Payable has ranged from 2,258.71 to 32,971.67. According to the industry distribution chart, Search Minerals ranks #118 out of 1064 companies in the Metals & Mining industry, placing it in the top 11.1%.
Is Search Minerals' Days Payable too high?
Search Minerals' current Days Payable of 15,006.48 is 64% above median its 10-year median of 9,131.03. Over the past 10 years, this metric has ranged from a low of 2,258.71 to a high of 32,971.67. The Metals & Mining industry median Days Payable is 127.62. Search Minerals' value of 15,006.48 is 11658.7% above this industry median. Based on the distribution chart, Search Minerals ranks #118 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Search Minerals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Search Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Search Minerals ranks #118 out of 1064 companies for Days Payable. This places Search Minerals in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.62. Search Minerals' value of 15,006.48 is 11658.7% above this benchmark. Historically, Search Minerals' own Days Payable has ranged from 2,258.71 to 32,971.67 over the past decade. While the company's 10-year median is 9,131.03 vs. the industry median of 127.62, Search Minerals 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. Search Minerals's current Days Payable of 15,006.48 is 11658.7% 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 Search Minerals 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. Search Minerals's current Days Payable is 15,006.48, which is 64% above median its own 10-year median of 9,131.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Search Minerals stock overvalued right now?
Search Minerals (SHCMF) has a current Days Payable of 15,006.48. The current Days Payable is 15,006.48, which is 64% above median its 10-year median of 9,131.03 and 11658.7% above the Metals & Mining industry median of 127.62. Search Minerals' overall GF Score™ is 34/100 with 3 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 Search Minerals (SHCMF), the current Days Payable is 15,006.48 as of Feb. 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.

Search Minerals Business Description

Other Exchanges SMY:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Search Minerals Inc is engaged in the business of mineral exploration. Its primary activities include acquiring, exploring, and evaluating mineral resource properties in Canada. The company holds an interest in the Red Wine property, Quinlan, B&A Claims, CREE District, Mann, and the Two Tom properties claims.
34GF Score

Get the complete analysis for SHCMF

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

$0.16
Price