Altamira Gold (TSXV:ALTA) Days Payable: 3,324.54 (As of Feb. 2026) — 25% Below Median


TSXV:ALTA Altamira Gold Corp TSXV:ALTA
37 GF Score
Price C$0.20
! 1 Warning Sign
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What is Altamira Gold Days Payable?

Altamira Gold TSXV:ALTA -2.44% 37 Days Payable is 3,324.54 as of Feb. 2026, which is 25% below its 10-year median of 4,454.98. GuruFocus rates TSXV:ALTA with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,062 Metals & Mining companies, Altamira Gold ranks better than 74.67% on this metric.

Altamira Gold's average Accounts Payable for the three months ended in Feb. 2026 was C$0.55 Mil. Altamira Gold's Cost of Goods Sold for the three months ended in Feb. 2026 was C$0.02 Mil. Hence, Altamira Gold's Days Payable for the three months ended in Feb. 2026 was 3,324.54.

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

TSXV:ALTA' s Days Payable Range Over the Past 10 Years
Min: 1392.41   Med: 4454.98   Max: 18366.14
Current: 2489.82

During the past 13 years, Altamira Gold's highest Days Payable was 18366.14. The lowest was 1392.41. And the median was 4454.98.

TSXV:ALTA's Days Payable is ranked better than
74.67% of 1062 companies
in the Metals & Mining industry
Industry Median: 126.885 vs TSXV:ALTA: 2489.82

Altamira Gold's Days Payable increased from Feb. 2025 (821.25) to Feb. 2026 (3,324.54). It may suggest that Altamira Gold delayed paying its suppliers.


Altamira Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Altamira 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.

Altamira Gold Days Payable Chart

Altamira Gold Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,232.78 12,939.25 18,366.14 2,625.44 2,289.25

Altamira 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 821.25 1,231.88 2,147.63 3,421.88 3,324.54

TSXV:ALTA vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Altamira 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.


Altamira Gold Days Payable vs Metals & Mining Industry

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

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


TSXV:ALTA
37GF Score
Altamira Gold Corp TSXV:ALTA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Altamira 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.

Altamira Gold's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (0.158 + 0.557) / 2 ) / 0.057*365
=0.3575 / 0.057*365
=2,289.25

Altamira 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
=( (0.536 + 0.557) / 2 ) / 0.015*365 / 4
=0.5465 / 0.015*365 / 4
=3,324.54

* 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 3,324.54 mean?
Altamira Gold (TSXV:ALTA) has a Days Payable of 3,324.54 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 Altamira Gold and its competitors. This is 25% below median its historical median of 4,454.98. Over the past decade, Altamira Gold's Days Payable has ranged from 1,392.41 to 18,366.14. According to the industry distribution chart, Altamira Gold ranks #269 out of 1062 companies in the Metals & Mining industry, placing it in the top 25.3%.
Is Altamira Gold's Days Payable too high?
Altamira Gold's current Days Payable of 3,324.54 is 25% below median its 10-year median of 4,454.98. Over the past 10 years, this metric has ranged from a low of 1,392.41 to a high of 18,366.14. The Metals & Mining industry median Days Payable is 126.89. Altamira Gold's value of 3,324.54 is 2520.1% above this industry median. Based on the distribution chart, Altamira Gold ranks #269 out of 1062 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Altamira Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Altamira Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Altamira Gold ranks #269 out of 1062 companies for Days Payable. This puts Altamira Gold in the upper half of its industry. The industry median Days Payable is 126.89. Altamira Gold's value of 3,324.54 is 2520.1% above this benchmark. Historically, Altamira Gold's own Days Payable has ranged from 1,392.41 to 18,366.14 over the past decade. While the company's 10-year median is 4,454.98 vs. the industry median of 126.89, Altamira Gold 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 126.89, based on 1,062 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. Altamira Gold's current Days Payable of 3,324.54 is 2520.1% 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 Altamira Gold 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. Altamira Gold's current Days Payable is 3,324.54, which is 25% below median its own 10-year median of 4,454.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altamira Gold stock overvalued right now?
Altamira Gold (TSXV:ALTA) has a current Days Payable of 3,324.54. The current Days Payable is 3,324.54, which is 25% below median its 10-year median of 4,454.98 and 2520.1% above the Metals & Mining industry median of 126.89. Altamira Gold's overall GF Score™ is 37/100 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 Altamira Gold (TSXV:ALTA), the current Days Payable is 3,324.54 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.

Altamira Gold Business Description

Other Exchanges EQTRF:USAT6UP:Germany
Address 409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Altamira Gold Corp is a junior natural resource company. Principally, it is engaged in the acquisition, exploration, development, and mining of mineral properties. Its project consists of the Cajueiro Project, Crepori Project, Apiacas Project, Nova Canada, Santa Helena, and others. The geographical segments of the group are Canada and Brazil.
37GF Score

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