Goldflare Exploration (TSXV:GOFL) Days Payable: 0.00 (As of Feb. 2026)

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What is Goldflare Exploration Days Payable?

Goldflare Exploration TSXV:GOFL Days Payable is 0.00 as of Feb. 2026. The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Goldflare Exploration ranks worse than 93896.62% on this metric.

Goldflare Exploration's average Accounts Payable for the three months ended in Feb. 2026 was C$0.31 Mil. Goldflare Exploration's Cost of Goods Sold for the three months ended in Feb. 2026 was C$0.00 Mil.

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

During the past 13 years, Goldflare Exploration's highest Days Payable was 42522.50. The lowest was 179.51. And the median was 431.37.

TSXV:GOFL's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.51
* Ranked among companies with meaningful Days Payable only.

Goldflare Exploration's Days Payable declined from Feb. 2025 (11,223.75) to Feb. 2026 (0.00). It may suggest that Goldflare Exploration accelerated paying its suppliers.


Goldflare Exploration Days Payable Historical Data

* Premium members only.

The historical data trend for Goldflare Exploration'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.

Goldflare Exploration Days Payable Chart

Goldflare Exploration 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 0.00 0.00 0.00 11,223.75 42,522.50

Goldflare Exploration 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 11,223.75 0.00 0.00 0.00 0.00

TSXV:GOFL vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Goldflare Exploration'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.


Goldflare Exploration Days Payable vs Metals & Mining Industry

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

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



Goldflare Exploration 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.

Goldflare Exploration'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
=( (0.123 + 0.343) / 2 ) / 0.002*365
=0.233 / 0.002*365
=42,522.50

Goldflare Exploration'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
=( (0.282 + 0.343) / 2 ) / 0*365 / 4
=0.3125 / 0*365 / 4
=N/A

* 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 0.00 mean?
Goldflare Exploration (TSXV:GOFL) has a Days Payable of 0.00 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 Goldflare Exploration and its competitors. Over the past decade, Goldflare Exploration's Days Payable has ranged from 179.51 to 42,522.50. According to the industry distribution chart, Goldflare Exploration ranks #999999 out of 1065 companies in the Metals & Mining industry.
Is Goldflare Exploration's Days Payable too high?
Goldflare Exploration's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 179.51 to a high of 42,522.50. Based on the distribution chart, Goldflare Exploration ranks #999999 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Goldflare Exploration's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Goldflare Exploration ranks #999999 out of 1065 companies for Days Payable. This places Goldflare Exploration in the lower half of its industry. The industry median Days Payable is 126.51. Historically, Goldflare Exploration's own Days Payable has ranged from 179.51 to 42,522.50 over the past decade. 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 126.51, based on 1,065 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. 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 Goldflare Exploration and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldflare Exploration's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldflare Exploration stock overvalued right now?
Goldflare Exploration (TSXV:GOFL) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Goldflare Exploration (TSXV:GOFL), the current Days Payable is 0.00 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.

Goldflare Exploration Business Description

Address 109 Ch. Des Colibris, Piedmont, QC, CAN, J0R 1K0
Goldflare Exploration Inc is a mineral exploration company that owns a diversified portfolio of properties. it is the sole owner of the Aiguebelle-Goldfields, Ranger, Windfall, and Syenite Condor Properties; and it holds 50% of the Destorbelle Property. All of its properties are located in Quebec.