Alphamin Resources (TSXV:AFM) Days Payable: 15.54 (As of Mar. 2026) — 40% Below Median


TSXV:AFM Alphamin Resources Corp TSXV:AFM
86 GF Score
Price C$1.49
GF Value C$2.14
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Alphamin Resources Days Payable?

Alphamin Resources TSXV:AFM +2.05% 86 Days Payable is 15.54 as of Mar. 2026, which is 40% below its 10-year median of 26.10. GuruFocus rates TSXV:AFM with a GF Score™ of 86/100 and a GF Value™ of C$2.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, Alphamin Resources ranks worse than 92.48% on this metric.

Alphamin Resources's average Accounts Payable for the three months ended in Mar. 2026 was C$21 Mil. Alphamin Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was C$124 Mil. Hence, Alphamin Resources's Days Payable for the three months ended in Mar. 2026 was 15.54.

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

TSXV:AFM' s Days Payable Range Over the Past 10 Years
Min: 10.61   Med: 26.1   Max: 262.3
Current: 18.16

During the past 13 years, Alphamin Resources's highest Days Payable was 262.30. The lowest was 10.61. And the median was 26.10.

TSXV:AFM's Days Payable is ranked worse than
92.48% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs TSXV:AFM: 18.16

Alphamin Resources's Days Payable declined from Mar. 2025 (25.69) to Mar. 2026 (15.54). It may suggest that Alphamin Resources accelerated paying its suppliers.


Alphamin Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Alphamin 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.

Alphamin Resources Days Payable Chart

Alphamin 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 15.61 10.61 33.49 26.10 22.25

Alphamin 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 25.69 20.15 18.88 19.27 15.54

Alphamin Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Alphamin 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.


Alphamin Resources Days Payable vs Metals & Mining Industry

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

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


TSXV:AFM
86GF Score
Alphamin Resources Corp TSXV:AFM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alphamin 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.

Alphamin 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
=( (27.494 + 24.69) / 2 ) / 428.095*365
=26.092 / 428.095*365
=22.25

Alphamin 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
=( (24.69 + 17.608) / 2 ) / 124.207*365 / 4
=21.149 / 124.207*365 / 4
=15.54

* 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 15.54 mean?
Alphamin Resources (TSXV:AFM) has a Days Payable of 15.54 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 Alphamin Resources and its competitors. This is 40% below median its historical median of 26.10. Over the past decade, Alphamin Resources' Days Payable has ranged from 10.61 to 262.30. According to the industry distribution chart, Alphamin Resources ranks #984 out of 1064 companies in the Metals & Mining industry, placing it in the top 92.5%.
Is Alphamin Resources' Days Payable too high?
Alphamin Resources' current Days Payable of 15.54 is 40% below median its 10-year median of 26.10. Over the past 10 years, this metric has ranged from a low of 10.61 to a high of 262.30. The Metals & Mining industry median Days Payable is 126.89. Alphamin Resources' value of 15.54 is 87.8% below this industry median. Based on the distribution chart, Alphamin Resources ranks #984 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Alphamin Resources has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Alphamin Resources ranks #984 out of 1064 companies for Days Payable. This places Alphamin Resources in the lower half of its industry. The industry median Days Payable is 126.89. Alphamin Resources' value of 15.54 is 87.8% below this benchmark. Historically, Alphamin Resources' own Days Payable has ranged from 10.61 to 262.30 over the past decade. While the company's 10-year median is 26.10 vs. the industry median of 126.89, Alphamin Resources 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. Alphamin Resources's current Days Payable of 15.54 is 87.8% 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 Alphamin Resources 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. Alphamin Resources's current Days Payable is 15.54, which is 40% below median its own 10-year median of 26.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (TSXV:AFM) is currently considered Significantly Undervalued. The stock's GF Value™ is C$2.14, compared to a current price of C$1.49 — trading 30.4% below its estimated fair value. The current Days Payable is 15.54, which is 40% below median its 10-year median of 26.10 and 87.8% below the Metals & Mining industry median of 126.89. Alphamin Resources' overall GF Score™ is 86/100 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 Alphamin Resources (TSXV:AFM), the current Days Payable is 15.54 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 Alphamin Resources (TSXV:AFM) Overvalued in 2026?

Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued. The current stock price of C$1.49 is trading 30.4% below its estimated GF Value™ of C$2.14. GuruFocus considers Alphamin Resources to be Significantly Undervalued.

Key valuation signals for TSXV:AFM:

  • Days Payable: 15.54 (40% below median its 10-year median of 26.10)
  • GF Value™: C$2.14 vs. price of C$1.49 (30.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 87.8% below the Metals & Mining median (#984 of 1064)

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


Alphamin Resources Business Description

Address C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
86GF Score

Get the complete analysis for TSXV:AFM

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

C$1.49
Price
C$2.14
GF Value