SRMMF (Sarama Resources) Days Payable: 26,964.38 (As of Mar. 2026) — 70% Above Median


What is Sarama Resources Days Payable?

Sarama Resources SRMMF Days Payable is 26,964.38 as of Mar. 2026, which is 70% above its 10-year median of 15,853.17. The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Sarama Resources ranks better than 95.77% on this metric.

Sarama Resources's average Accounts Payable for the three months ended in Mar. 2026 was $0.30 Mil. Sarama Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, Sarama Resources's Days Payable for the three months ended in Mar. 2026 was 26,964.38.

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

SRMMF' s Days Payable Range Over the Past 10 Years
Min: 9672.5   Med: 15853.17   Max: 43581
Current: 43581

During the past 13 years, Sarama Resources's highest Days Payable was 43581.00. The lowest was 9672.50. And the median was 15853.17.

SRMMF's Days Payable is ranked better than
95.77% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs SRMMF: 43581.00

Sarama Resources's Days Payable increased from Mar. 2025 (20,713.75) to Mar. 2026 (26,964.38). It may suggest that Sarama Resources delayed paying its suppliers.


Sarama Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Sarama 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.

Sarama Resources Days Payable Chart

Sarama Resources 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 0.00 15,147.50 10,001.00 16,288.13 36,378.33

Sarama Resources 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 20,713.75 22,082.50 22,721.25 0.00 26,964.38

SRMMF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Sarama 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.


Sarama Resources Days Payable vs Metals & Mining Industry

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

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



Sarama 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.

Sarama Resources'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
=( (0.249 + 0.349) / 2 ) / 0.003*365
=0.299 / 0.003*365
=36,378.33

Sarama Resources'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
=( (0.349 + 0.242) / 2 ) / 0.001*365 / 4
=0.2955 / 0.001*365 / 4
=26,964.38

* 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 26,964.38 mean?
Sarama Resources (SRMMF) has a Days Payable of 26,964.38 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 Sarama Resources and its competitors. This is 70% above median its historical median of 15,853.17. Over the past decade, Sarama Resources' Days Payable has ranged from 9,672.50 to 43,581.00. According to the industry distribution chart, Sarama Resources ranks #45 out of 1065 companies in the Metals & Mining industry, placing it in the top 4.2%.
Is Sarama Resources' Days Payable too high?
Sarama Resources' current Days Payable of 26,964.38 is 70% above median its 10-year median of 15,853.17. Over the past 10 years, this metric has ranged from a low of 9,672.50 to a high of 43,581.00. The Metals & Mining industry median Days Payable is 127.26. Sarama Resources' value of 26,964.38 is 21088.4% above this industry median. Based on the distribution chart, Sarama Resources ranks #45 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Sarama Resources' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Sarama Resources ranks #45 out of 1065 companies for Days Payable. This places Sarama Resources in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.26. Sarama Resources' value of 26,964.38 is 21088.4% above this benchmark. Historically, Sarama Resources' own Days Payable has ranged from 9,672.50 to 43,581.00 over the past decade. While the company's 10-year median is 15,853.17 vs. the industry median of 127.26, Sarama 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 127.26, based on 1,065 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. Sarama Resources's current Days Payable of 26,964.38 is 21088.4% 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 Sarama Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sarama Resources's current Days Payable is 26,964.38, which is 70% above median its own 10-year median of 15,853.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarama Resources stock overvalued right now?
Sarama Resources (SRMMF) has a current Days Payable of 26,964.38. The current Days Payable is 26,964.38, which is 70% above median its 10-year median of 15,853.17 and 21088.4% above the Metals & Mining industry median of 127.26. 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 Sarama Resources (SRMMF), the current Days Payable is 26,964.38 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.

Sarama Resources Business Description

Other Exchanges SWA:CanadaSRR:Australia
Address 245 Churchill Avenue, Suit 8, Subiaco, Perth, WA, AUS, 6008
Sarama Resources Ltd is engaged in the exploration stage, and its principal business activity is the sourcing and exploration of mineral properties. It has two belt-scale projects covering approximately 1000km in the prolific Laverton Gold District in Western Australia's Prolific Eastern Goldfields. Between them, the projects host over 100km of strike length of greenstone rocks and are well-positioned, underexplored, and present an outstanding exploration opportunity.