AnorTech (TSXV:ANOR) Days Payable: 2,646.25 (As of Dec. 2025) — 37% Below Median


TSXV:ANOR AnorTech Inc TSXV:ANOR
35 GF Score
Price C$0.11
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What is AnorTech Days Payable?

AnorTech TSXV:ANOR 35 Days Payable is 2,646.25 as of Dec. 2025, which is 37% below its 10-year median of 4,228.61. GuruFocus rates TSXV:ANOR with a GF Score™ of 35/100. Among 1,067 Metals & Mining companies, AnorTech ranks better than 74.88% on this metric.

AnorTech's average Accounts Payable for the three months ended in Dec. 2025 was C$0.03 Mil. AnorTech's Cost of Goods Sold for the three months ended in Dec. 2025 was C$0.00 Mil. Hence, AnorTech's Days Payable for the three months ended in Dec. 2025 was 2,646.25.

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

TSXV:ANOR' s Days Payable Range Over the Past 10 Years
Min: 215.68   Med: 4228.61   Max: 104864.5
Current: 2609.75

During the past 13 years, AnorTech's highest Days Payable was 104864.50. The lowest was 215.68. And the median was 4228.61.

TSXV:ANOR's Days Payable is ranked better than
74.88% of 1067 companies
in the Metals & Mining industry
Industry Median: 127.26 vs TSXV:ANOR: 2609.75

AnorTech's Days Payable increased from Dec. 2024 (1,825.00) to Dec. 2025 (2,646.25). It may suggest that AnorTech delayed paying its suppliers.


AnorTech Days Payable Historical Data

* Premium members only.

The historical data trend for AnorTech'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.

AnorTech Days Payable Chart

AnorTech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,620.97 215.68 2,075.94 4,836.25 8,395.00

AnorTech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,825.00 3,741.25 3,786.88 2,646.25 2,646.25

AnorTech Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, AnorTech'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.


AnorTech Days Payable vs Metals & Mining Industry

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

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


TSXV:ANOR
35GF Score
AnorTech Inc TSXV:ANOR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AnorTech 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.

AnorTech's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (0.012 + 0.08) / 2 ) / 0.002*365
=0.046 / 0.002*365
=8,395.00

AnorTech's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.055 + 0.003) / 2 ) / 0.001*365 / 4
=0.029 / 0.001*365 / 4
=2,646.25

* 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 2,646.25 mean?
AnorTech (TSXV:ANOR) has a Days Payable of 2,646.25 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AnorTech and its competitors. This is 37% below median its historical median of 4,228.61. Over the past decade, AnorTech's Days Payable has ranged from 215.68 to 104,864.50. According to the industry distribution chart, AnorTech ranks #268 out of 1067 companies in the Metals & Mining industry, placing it in the top 25.1%.
Is AnorTech's Days Payable too high?
AnorTech's current Days Payable of 2,646.25 is 37% below median its 10-year median of 4,228.61. Over the past 10 years, this metric has ranged from a low of 215.68 to a high of 104,864.50. The Metals & Mining industry median Days Payable is 127.26. AnorTech's value of 2,646.25 is 1979.4% above this industry median. Based on the distribution chart, AnorTech ranks #268 out of 1067 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, AnorTech has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does AnorTech's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, AnorTech ranks #268 out of 1067 companies for Days Payable. This puts AnorTech in the upper half of its industry. The industry median Days Payable is 127.26. AnorTech's value of 2,646.25 is 1979.4% above this benchmark. Historically, AnorTech's own Days Payable has ranged from 215.68 to 104,864.50 over the past decade. While the company's 10-year median is 4,228.61 vs. the industry median of 127.26, AnorTech 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 127.26, based on 1,067 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. AnorTech's current Days Payable of 2,646.25 is 1979.4% 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 AnorTech 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. AnorTech's current Days Payable is 2,646.25, which is 37% below median its own 10-year median of 4,228.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AnorTech stock overvalued right now?
AnorTech (TSXV:ANOR) has a current Days Payable of 2,646.25. The current Days Payable is 2,646.25, which is 37% below median its 10-year median of 4,228.61 and 1979.4% above the Metals & Mining industry median of 127.26. AnorTech's overall GF Score™ is 35/100. 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 AnorTech (TSXV:ANOR), the current Days Payable is 2,646.25 as of Dec. 2025. 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.

AnorTech Business Description

Address 701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
AnorTech Inc is a Canadian-based technology company focused on developing and mining mineral resources located in Greenland. The company is focused on a single segment, namely the exploration, evaluation, and development of resource properties in Greenland.
35GF Score

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