Altius Minerals (TSX:ALS) Days Payable: 51.82 (As of Mar. 2026) — 42% Below Median


TSX:ALS Altius Minerals Corp TSX:ALS
70 GF Score
Price C$61.22
GF Value C$30.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Altius Minerals Days Payable?

Altius Minerals TSX:ALS +2.41% 70 Days Payable is 51.82 as of Mar. 2026, which is 42% below its 10-year median of 89.05. GuruFocus rates TSX:ALS with a GF Score™ of 70/100 and a GF Value™ of C$30.72 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,064 Metals & Mining companies, Altius Minerals ranks worse than 58.65% on this metric.

Altius Minerals's average Accounts Payable for the three months ended in Mar. 2026 was C$2.90 Mil. Altius Minerals's Cost of Goods Sold for the three months ended in Mar. 2026 was C$5.10 Mil. Hence, Altius Minerals's Days Payable for the three months ended in Mar. 2026 was 51.82.

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

TSX:ALS' s Days Payable Range Over the Past 10 Years
Min: 60.37   Med: 89.05   Max: 117.83
Current: 83.04

During the past 13 years, Altius Minerals's highest Days Payable was 117.83. The lowest was 60.37. And the median was 89.05.

TSX:ALS's Days Payable is ranked worse than
58.65% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs TSX:ALS: 83.04

Altius Minerals's Days Payable declined from Mar. 2025 (59.48) to Mar. 2026 (51.82). It may suggest that Altius Minerals accelerated paying its suppliers.


Altius Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Altius 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.

Altius Minerals Days Payable Chart

Altius Minerals Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.63 70.85 83.91 110.58 99.10

Altius Minerals 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 59.48 38.00 122.68 195.42 51.82

Altius Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Altius 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.


Altius Minerals Days Payable vs Metals & Mining Industry

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

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


TSX:ALS
70GF Score
Altius Minerals Corp TSX:ALS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Altius 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.

Altius Minerals'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
=( (3.319 + 3.343) / 2 ) / 12.269*365
=3.331 / 12.269*365
=99.10

Altius Minerals'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
=( (3.343 + 2.452) / 2 ) / 5.102*365 / 4
=2.8975 / 5.102*365 / 4
=51.82

* 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 51.82 mean?
Altius Minerals (TSX:ALS) has a Days Payable of 51.82 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 Altius Minerals and its competitors. This is 42% below median its historical median of 89.05. Over the past decade, Altius Minerals' Days Payable has ranged from 60.37 to 117.83. According to the industry distribution chart, Altius Minerals ranks #624 out of 1064 companies in the Metals & Mining industry, placing it in the top 58.6%.
Is Altius Minerals' Days Payable too high?
Altius Minerals' current Days Payable of 51.82 is 42% below median its 10-year median of 89.05. Over the past 10 years, this metric has ranged from a low of 60.37 to a high of 117.83. The Metals & Mining industry median Days Payable is 127.62. Altius Minerals' value of 51.82 is 59.4% below this industry median. Based on the distribution chart, Altius Minerals ranks #624 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Altius Minerals has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altius Minerals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Altius Minerals ranks #624 out of 1064 companies for Days Payable. This places Altius Minerals in the lower half of its industry. The industry median Days Payable is 127.62. Altius Minerals' value of 51.82 is 59.4% below this benchmark. Historically, Altius Minerals' own Days Payable has ranged from 60.37 to 117.83 over the past decade. While the company's 10-year median is 89.05 vs. the industry median of 127.62, Altius Minerals 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 127.62, 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. Altius Minerals's current Days Payable of 51.82 is 59.4% 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 Altius 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. Altius Minerals's current Days Payable is 51.82, which is 42% below median its own 10-year median of 89.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altius Minerals stock overvalued right now?
Based on GuruFocus' analysis, Altius Minerals (TSX:ALS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$30.72, compared to a current price of C$61.22 — trading 99.3% above its estimated fair value. The current Days Payable is 51.82, which is 42% below median its 10-year median of 89.05 and 59.4% below the Metals & Mining industry median of 127.62. Altius Minerals' overall GF Score™ is 70/100 with 8 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 Altius Minerals (TSX:ALS), the current Days Payable is 51.82 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 Altius Minerals (TSX:ALS) Overvalued in 2026?

Based on GuruFocus' analysis, Altius Minerals stock appears to be overvalued. The current stock price of C$61.22 is trading 99.3% above its estimated GF Value™ of C$30.72. GuruFocus considers Altius Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ALS:

  • Days Payable: 51.82 (42% below median its 10-year median of 89.05)
  • GF Value™: C$30.72 vs. price of C$61.22 (99.3% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 59.4% below the Metals & Mining median (#624 of 1064)

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


Altius Minerals Business Description

Other Exchanges ATUSF:USA0UHC:UKVTM:Germany
Address 38 Duffy Place, 2nd Floor, St. John\'s, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.
70GF Score

Get the complete analysis for TSX:ALS

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

C$61.22
Price
C$30.72
GF Value