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Surface MetalsSURMF -0.42%34 Days Payable is 1,271.80 as of Mar. 2026, which is 5% below its 10-year median of 1,337.32. GuruFocus rates SURMF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Surface Metals ranks better than 68.83% on this metric.
The historical rank and industry rank for Surface Metals's Days Payable or its related term are showing as below:
SURMF'
s Days Payable Range Over the Past 10 Years
Min: 985.15 Med: 1337.32 Max: 4272.65
Current: 1232.7
During the past 8 years, Surface Metals's highest Days Payable was 4272.65. The lowest was 985.15. And the median was 1337.32.
SURMF's Days Payable is ranked better than 68.83% of 1065
companies
in the Metals & Mining industry
Industry Median: 126.51
vs SURMF: 1232.70
Surface Metals's Days Payable
declined
from Mar. 2025 (1,454.30) to Mar. 2026 (1,271.80).
It may suggest that Surface Metalsaccelerated paying its suppliers.
Surface Metals Days Payable Related Terms
Surface Metals Days Payable Historical Data
* Premium members only.
The historical data trend for Surface Metals'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 Other Industrial Metals & Mining subindustry, Surface Metals'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.
Surface Metals Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Surface Metals's Days Payable distribution charts can be found below:
* The bar in red indicates where Surface Metals'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.
Surface Metals's Days Payable for the fiscal year that ended in Sep. 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.
Surface Metals (SURMF) has a Days Payable of 1,271.80 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 Surface Metals and its competitors. This is near median its historical median of 1,337.32. Over the past decade, Surface Metals' Days Payable has ranged from 985.15 to 4,272.65. According to the industry distribution chart, Surface Metals ranks #332 out of 1065 companies in the Metals & Mining industry, placing it in the top 31.2%.
Is Surface Metals' Days Payable too high?
Surface Metals' current Days Payable of 1,271.80 is near median its 10-year median of 1,337.32. Over the past 10 years, this metric has ranged from a low of 985.15 to a high of 4,272.65. The Metals & Mining industry median Days Payable is 126.51. Surface Metals' value of 1,271.80 is 905.3% above this industry median. Based on the distribution chart, Surface Metals ranks #332 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Surface Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Surface Metals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Surface Metals ranks #332 out of 1065 companies for Days Payable. This puts Surface Metals in the upper half of its industry. The industry median Days Payable is 126.51. Surface Metals' value of 1,271.80 is 905.3% above this benchmark. Historically, Surface Metals' own Days Payable has ranged from 985.15 to 4,272.65 over the past decade. While the company's 10-year median is 1,337.32 vs. the industry median of 126.51, Surface Metals 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 126.51, 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. Surface Metals's current Days Payable of 1,271.80 is 905.3% 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 Surface Metals and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surface Metals's current Days Payable is 1,271.80, which is near median its own 10-year median of 1,337.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surface Metals stock overvalued right now?
Surface Metals (SURMF) has a current Days Payable of 1,271.80. The current Days Payable is 1,271.80, which is near median its 10-year median of 1,337.32 and 905.3% above the Metals & Mining industry median of 126.51. Surface Metals' overall GF Score™ is 34/100 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 Surface Metals (SURMF), the current Days Payable is 1,271.80 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.
Surface Metals Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake project.
34GF Score
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