Comet Industries (TSXV:CMU) Days Payable: 4,944.94 (As of Apr. 2026) — 1320% Above Median

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TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$6.00
GF Value C$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Comet Industries Days Payable?

Comet Industries TSXV:CMU 25 Days Payable is 4,944.94 as of Apr. 2026, which is 1320% above its 10-year median of 348.32. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,572 Real Estate companies, Comet Industries ranks better than 97.46% on this metric.

Comet Industries's average Accounts Payable for the three months ended in Apr. 2026 was C$1.84 Mil. Comet Industries's Cost of Goods Sold for the three months ended in Apr. 2026 was C$0.03 Mil. Hence, Comet Industries's Days Payable for the three months ended in Apr. 2026 was 4,944.94.

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

TSXV:CMU' s Days Payable Range Over the Past 10 Years
Min: 289.6   Med: 348.32   Max: 2739.54
Current: 2739.54

During the past 13 years, Comet Industries's highest Days Payable was 2739.54. The lowest was 289.60. And the median was 348.32.

TSXV:CMU's Days Payable is ranked better than
97.46% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs TSXV:CMU: 2739.54

Comet Industries's Days Payable increased from Apr. 2025 (351.17) to Apr. 2026 (4,944.94). It may suggest that Comet Industries delayed paying its suppliers.


Comet Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Comet Industries'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.

Comet Industries Days Payable Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 289.60 358.74 342.19 1,187.18

Comet Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 351.17 1,591.59 3,579.58 2,301.21 4,944.94

TSXV:CMU vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Comet Industries'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.


Comet Industries Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's Days Payable distribution charts can be found below:

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


TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Industries 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.

Comet Industries's Days Payable for the fiscal year that ended in Jan. 2026 is calculated as

Days Payable (A: Jan. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2025 ) + Accounts Payable (A: Jan. 2026 )) / count ) / Cost of Goods Sold (A: Jan. 2026 )*Days in Period
=( (0.155 + 1.12) / 2 ) / 0.196*365
=0.6375 / 0.196*365
=1,187.18

Comet Industries's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (1.12 + 2.565) / 2 ) / 0.034*365 / 4
=1.8425 / 0.034*365 / 4
=4,944.94

* 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 4,944.94 mean?
Comet Industries (TSXV:CMU) has a Days Payable of 4,944.94 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Comet Industries and its competitors. This is 1320% above median its historical median of 348.32. Over the past decade, Comet Industries' Days Payable has ranged from 289.60 to 2,739.54. According to the industry distribution chart, Comet Industries ranks #40 out of 1572 companies in the Real Estate industry, placing it in the top 2.5%.
Is Comet Industries' Days Payable too high?
Comet Industries' current Days Payable of 4,944.94 is 1320% above median its 10-year median of 348.32. Over the past 10 years, this metric has ranged from a low of 289.60 to a high of 2,739.54. The Real Estate industry median Days Payable is 93.66. Comet Industries' value of 4,944.94 is 5179.7% above this industry median. Based on the distribution chart, Comet Industries ranks #40 out of 1572 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #40 out of 1572 companies for Days Payable. This places Comet Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 93.66. Comet Industries' value of 4,944.94 is 5179.7% above this benchmark. Historically, Comet Industries' own Days Payable has ranged from 289.60 to 2,739.54 over the past decade. While the company's 10-year median is 348.32 vs. the industry median of 93.66, Comet Industries 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. Comet Industries's current Days Payable of 4,944.94 is 5179.7% 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 Comet Industries and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Industries's current Days Payable is 4,944.94, which is 1320% above median its own 10-year median of 348.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current Days Payable is 4,944.94, which is 1320% above median its 10-year median of 348.32 and 5179.7% above the Real Estate industry median of 93.66. Comet Industries' overall GF Score™ is 25/100 with 3 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 Comet Industries (TSXV:CMU), the current Days Payable is 4,944.94 as of Apr. 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 Comet Industries (TSXV:CMU) Overvalued in 2026?

Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued. The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19. GuruFocus considers Comet Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CMU:

  • Days Payable: 4,944.94 (1320% above median its 10-year median of 348.32)
  • GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
  • GF Score™: 25/100 with 3 warning signs
  • Industry Position: 5179.7% above the Real Estate median (#40 of 1572)

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


Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score

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

C$6.00
Price
C$0.19
GF Value