TRX (TRX Gold) Days Payable: 94.47 (As of Feb. 2026) — 97% Below Median


TRX TRX Gold Corp TRX
47 GF Score
Price $0.84
GF Value $1.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is TRX Gold Days Payable?

TRX Gold TRX -1.81% 47 Days Payable is 94.47 as of Feb. 2026, which is 97% below its 10-year median of 3,239.76. GuruFocus rates TRX with a GF Score™ of 47/100 and a GF Value™ of $1.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, TRX Gold ranks better than 51.83% on this metric.

TRX Gold's average Accounts Payable for the three months ended in Feb. 2026 was $13.48 Mil. TRX Gold's Cost of Goods Sold for the three months ended in Feb. 2026 was $13.02 Mil. Hence, TRX Gold's Days Payable for the three months ended in Feb. 2026 was 94.47.

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

TRX' s Days Payable Range Over the Past 10 Years
Min: 143.76   Med: 3239.76   Max: 7834.07
Current: 143.76

During the past 13 years, TRX Gold's highest Days Payable was 7834.07. The lowest was 143.76. And the median was 3239.76.

TRX's Days Payable is ranked better than
51.83% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs TRX: 143.76

TRX Gold's Days Payable declined from Feb. 2025 (225.87) to Feb. 2026 (94.47). It may suggest that TRX Gold accelerated paying its suppliers.


TRX Gold Days Payable Historical Data

* Premium members only.

The historical data trend for TRX Gold'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.

TRX Gold Days Payable Chart

TRX Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 308.73 176.74 213.04 182.68

TRX Gold 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 225.87 218.28 159.83 139.60 94.47

TRX vs NEM, AU: Days Payable Comparison

For the Gold subindustry, TRX Gold'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.


TRX Gold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where TRX Gold's Days Payable falls into.


TRX
47GF Score
TRX Gold Corp TRX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TRX Gold 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.

TRX Gold's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (15.545 + 18.164) / 2 ) / 33.675*365
=16.8545 / 33.675*365
=182.68

TRX Gold'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
=( (15.194 + 11.765) / 2 ) / 13.02*365 / 4
=13.4795 / 13.02*365 / 4
=94.47

* 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 94.47 mean?
TRX Gold (TRX) has a Days Payable of 94.47 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 TRX Gold and its competitors. This is 97% below median its historical median of 3,239.76. Over the past decade, TRX Gold's Days Payable has ranged from 143.76 to 7,834.07. According to the industry distribution chart, TRX Gold ranks #513 out of 1065 companies in the Metals & Mining industry, placing it in the top 48.2%.
Is TRX Gold's Days Payable too high?
TRX Gold's current Days Payable of 94.47 is 97% below median its 10-year median of 3,239.76. Over the past 10 years, this metric has ranged from a low of 143.76 to a high of 7,834.07. The Metals & Mining industry median Days Payable is 127.26. TRX Gold's value of 94.47 is 25.8% below this industry median. Based on the distribution chart, TRX Gold ranks #513 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, TRX Gold has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #513 out of 1065 companies for Days Payable. This puts TRX Gold in the upper half of its industry. The industry median Days Payable is 127.26. TRX Gold's value of 94.47 is 25.8% below this benchmark. Historically, TRX Gold's own Days Payable has ranged from 143.76 to 7,834.07 over the past decade. While the company's 10-year median is 3,239.76 vs. the industry median of 127.26, TRX Gold has consistently been below 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. TRX Gold's current Days Payable of 94.47 is 25.8% below 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 TRX Gold 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. TRX Gold's current Days Payable is 94.47, which is 97% below median its own 10-year median of 3,239.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.15, compared to a current price of $0.84 — trading 26.6% below its estimated fair value. The current Days Payable is 94.47, which is 97% below median its 10-year median of 3,239.76 and 25.8% below the Metals & Mining industry median of 127.26. TRX Gold's overall GF Score™ is 47/100 with 1 warning sign 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 TRX Gold (TRX), the current Days Payable is 94.47 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.

Is TRX Gold (TRX) Overvalued in 2026?

Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued. The current stock price of $0.84 is trading 26.6% below its estimated GF Value™ of $1.15. GuruFocus considers TRX Gold to be Modestly Undervalued.

Key valuation signals for TRX:

  • Days Payable: 94.47 (97% below median its 10-year median of 3,239.76)
  • GF Value™: $1.15 vs. price of $0.84 (26.6% below fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 25.8% below the Metals & Mining median (#513 of 1065)

No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRX Gold Business Description

Other Exchanges TRG0:GermanyTRX:Canada
Address 277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
47GF Score

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

$0.84
Price
$1.15
GF Value