SLMFF (Solis Minerals) Days Payable: 6,128.96 (As of May. 2025)


SLMFF Solis Minerals Ltd SLMFF
13 GF Score
Price $0.00
View Full Analysis

What is Solis Minerals Days Payable?

Solis Minerals SLMFF -72.31% 13 Days Payable is 6,128.96 as of May. 2025. GuruFocus rates SLMFF with a GF Score™ of 13/100. Among 1,064 Metals & Mining companies, Solis Minerals ranks worse than 93984.87% on this metric.

Solis Minerals's average Accounts Payable for the three months ended in May. 2025 was $0.20 Mil. Solis Minerals's Cost of Goods Sold for the three months ended in May. 2025 was $0.00 Mil. Hence, Solis Minerals's Days Payable for the three months ended in May. 2025 was 6,128.96.

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

SLMFF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Solis Minerals's Days Payable increased from May. 2024 (0.00) to May. 2025 (6,128.96). It may suggest that Solis Minerals delayed paying its suppliers.

Solis Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Solis 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.

Solis Minerals Days Payable Chart

Solis Minerals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,025.32 929.37 110,960.00 97,637.50 5,372.34

Solis Minerals Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 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 5,064.38 6,843.75 22,538.75 6,128.96 0.00

SLMFF vs SCCO, FCX: Days Payable Comparison

For the Copper subindustry, Solis 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.

Solis Minerals Days Payable vs Metals & Mining Industry

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

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


SLMFF
13GF Score
Solis Minerals Ltd SLMFF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solis 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.

Solis Minerals's Days Payable for the fiscal year that ended in May. 2024 is calculated as

Days Payable (A: May. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2023 ) + Accounts Payable (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (0.244 + 0.227) / 2 ) / 0.016*365
=0.2355 / 0.016*365
=5,372.34

Solis Minerals's Days Payable for the quarter that ended in May. 2025 is calculated as:

Days Payable (Q: May. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2025 ) + Accounts Payable (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (0.261 + 0.142) / 2 ) / 0.003*365 / 4
=0.2015 / 0.003*365 / 4
=6,128.96

* 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 6,128.96 mean?
Solis Minerals (SLMFF) has a Days Payable of 6,128.96 as of May. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solis Minerals and its competitors. According to the industry distribution chart, Solis Minerals ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Solis Minerals' Days Payable too high?
Solis Minerals' current Days Payable is 6,128.96. The Metals & Mining industry median Days Payable is 127.62. Solis Minerals' value of 6,128.96 is 4702.5% above this industry median. Based on the distribution chart, Solis Minerals ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Solis Minerals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Solis Minerals' Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Solis Minerals ranks #999999 out of 1064 companies for Days Payable. This places Solis Minerals in the lower half of its industry. The industry median Days Payable is 127.62. Solis Minerals' value of 6,128.96 is 4702.5% above this benchmark. 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. Solis Minerals's current Days Payable of 6,128.96 is 4702.5% 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 Solis 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. Solis Minerals's current Days Payable is 6,128.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solis Minerals stock overvalued right now?
Solis Minerals (SLMFF) has a current Days Payable of 6,128.96. The current Days Payable is 6,128.96 and 4702.5% above the Metals & Mining industry median of 127.62. Solis Minerals' overall GF Score™ is 13/100. 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 Solis Minerals (SLMFF), the current Days Payable is 6,128.96 as of May. 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.

Solis Minerals Business Description

Other Exchanges 08WA:GermanySLM:Australia
Address Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, WA 6007
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Peru Copper projects. It also holds an interest in Chancho al Palo Copper Project, Borborema Lithium Project, Brazil, Canyon Project and others.
13GF Score

Get the complete analysis for SLMFF

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

$0.00
Price