Agnico Eagle Mines (TSX:AEM) Days Payable: 47.67 (As of Mar. 2026) — 83% Above Median


TSX:AEM Agnico Eagle Mines Ltd TSX:AEM
98 GF Score
Price C$218.10
GF Value C$230.03
Valuation Fairly Valued
! 1 Warning Sign
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What is Agnico Eagle Mines Days Payable?

Agnico Eagle Mines TSX:AEM -1.03% 98 Days Payable is 47.67 as of Mar. 2026, which is 83% above its 10-year median of 26.05. GuruFocus rates TSX:AEM with a GF Score™ of 98/100 and a GF Value™ of C$230.03 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Agnico Eagle Mines ranks worse than 68.61% on this metric.

Agnico Eagle Mines's average Accounts Payable for the three months ended in Mar. 2026 was C$986 Mil. Agnico Eagle Mines's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1,888 Mil. Hence, Agnico Eagle Mines's Days Payable for the three months ended in Mar. 2026 was 47.67.

The historical rank and industry rank for Agnico Eagle Mines's Days Payable or its related term are showing as below:

TSX:AEM' s Days Payable Range Over the Past 10 Years
Min: 21.34   Med: 26.05   Max: 58.57
Current: 58.57

During the past 13 years, Agnico Eagle Mines's highest Days Payable was 58.57. The lowest was 21.34. And the median was 26.05.

TSX:AEM's Days Payable is ranked worse than
68.61% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs TSX:AEM: 58.57

Agnico Eagle Mines's Days Payable increased from Mar. 2025 (39.48) to Mar. 2026 (47.67). It may suggest that Agnico Eagle Mines delayed paying its suppliers.


Agnico Eagle Mines Days Payable Historical Data

* Premium members only.

The historical data trend for Agnico Eagle Mines'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.

Agnico Eagle Mines Days Payable Chart

Agnico Eagle Mines 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 25.89 21.34 23.93 23.62 23.80

Agnico Eagle Mines 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 39.48 64.99 69.96 47.15 47.67

TSX:AEM vs NEM, AU, RGLD: Days Payable Comparison

For the Gold subindustry, Agnico Eagle Mines'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.


Agnico Eagle Mines Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Agnico Eagle Mines's Days Payable falls into.


TSX:AEM
98GF Score
Agnico Eagle Mines Ltd TSX:AEM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Agnico Eagle Mines 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.

Agnico Eagle Mines'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
=( (421.708 + 475.384) / 2 ) / 6878.16*365
=448.546 / 6878.16*365
=23.80

Agnico Eagle Mines'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
=( (475.384 + 1496.781) / 2 ) / 1887.67*365 / 4
=986.0825 / 1887.67*365 / 4
=47.67

* 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 47.67 mean?
Agnico Eagle Mines (TSX:AEM) has a Days Payable of 47.67 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 Agnico Eagle Mines and its competitors. This is 83% above median its historical median of 26.05. Over the past decade, Agnico Eagle Mines' Days Payable has ranged from 21.34 to 58.57. According to the industry distribution chart, Agnico Eagle Mines ranks #730 out of 1064 companies in the Metals & Mining industry, placing it in the top 68.6%.
Is Agnico Eagle Mines' Days Payable too high?
Agnico Eagle Mines' current Days Payable of 47.67 is 83% above median its 10-year median of 26.05. Over the past 10 years, this metric has ranged from a low of 21.34 to a high of 58.57. The Metals & Mining industry median Days Payable is 126.89. Agnico Eagle Mines' value of 47.67 is 62.4% below this industry median. Based on the distribution chart, Agnico Eagle Mines ranks #730 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Agnico Eagle Mines has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Agnico Eagle Mines ranks #730 out of 1064 companies for Days Payable. This places Agnico Eagle Mines in the lower half of its industry. The industry median Days Payable is 126.89. Agnico Eagle Mines' value of 47.67 is 62.4% below this benchmark. Historically, Agnico Eagle Mines' own Days Payable has ranged from 21.34 to 58.57 over the past decade. While the company's 10-year median is 26.05 vs. the industry median of 126.89, Agnico Eagle Mines 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 126.89, 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. Agnico Eagle Mines's current Days Payable of 47.67 is 62.4% 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 Agnico Eagle Mines and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agnico Eagle Mines's current Days Payable is 47.67, which is 83% above median its own 10-year median of 26.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (TSX:AEM) is currently considered Fairly Valued. The stock's GF Value™ is C$230.03, compared to a current price of C$218.10 — trading 5.2% below its estimated fair value. The current Days Payable is 47.67, which is 83% above median its 10-year median of 26.05 and 62.4% below the Metals & Mining industry median of 126.89. Agnico Eagle Mines' overall GF Score™ is 98/100 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 Agnico Eagle Mines (TSX:AEM), the current Days Payable is 47.67 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.

Is Agnico Eagle Mines (TSX:AEM) Overvalued in 2026?

Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued. The current stock price of C$218.10 is trading 5.2% below its estimated GF Value™ of C$230.03. GuruFocus considers Agnico Eagle Mines to be Fairly Valued.

Key valuation signals for TSX:AEM:

  • Days Payable: 47.67 (83% above median its 10-year median of 26.05)
  • GF Value™: C$230.03 vs. price of C$218.10 (5.2% below fair value)
  • GF Score™: 98/100 with 1 warning sign
  • Industry Position: 62.4% below the Metals & Mining median (#730 of 1064)

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


Agnico Eagle Mines Business Description

Address 145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
98GF Score

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

C$218.10
Price
C$230.03
GF Value