Grounded Lithium (TSXV:GRD) Days Payable: 17,520.00 (As of Jun. 2026)

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What is Grounded Lithium Days Payable?

Grounded Lithium TSXV:GRD Days Payable is 17,520.00 as of Jun. 2026. The stock has 2 warning signs investors should review. Among 1,068 Metals & Mining companies, Grounded Lithium ranks better than 92.42% on this metric.

Grounded Lithium's average Accounts Payable for the three months ended in Jun. 2026 was C$0.38 Mil. Grounded Lithium's Cost of Goods Sold for the three months ended in Jun. 2026 was C$0.00 Mil. Hence, Grounded Lithium's Days Payable for the three months ended in Jun. 2026 was 17,520.00.

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

TSXV:GRD' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17520
Current: 17520

During the past 5 years, Grounded Lithium's highest Days Payable was 17520.00. The lowest was 0.00. And the median was 0.00.

TSXV:GRD's Days Payable is ranked better than
92.42% of 1068 companies
in the Metals & Mining industry
Industry Median: 120.27 vs TSXV:GRD: 17520.00

Grounded Lithium's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (17,520.00). It may suggest that Grounded Lithium delayed paying its suppliers.


Grounded Lithium Days Payable Historical Data

* Premium members only.

The historical data trend for Grounded Lithium'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.

Grounded Lithium Days Payable Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 0.00 0.00 0.00 0.00

Grounded Lithium Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 17,520.00

Grounded Lithium Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.


Grounded Lithium Days Payable vs Metals & Mining Industry

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

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



Grounded Lithium 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.

Grounded Lithium'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
=( (0 + 0) / 1 ) / 0.011*365
=0 / 0.011*365
=0.00

Grounded Lithium's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 0.384) / 1 ) / 0.002*365 / 4
=0.384 / 0.002*365 / 4
=17,520.00

* 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 17,520.00 mean?
Grounded Lithium (TSXV:GRD) has a Days Payable of 17,520.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grounded Lithium and its competitors. According to the industry distribution chart, Grounded Lithium ranks #81 out of 1068 companies in the Metals & Mining industry, placing it in the top 7.6%.
Is Grounded Lithium's Days Payable too high?
Grounded Lithium's current Days Payable is 17,520.00. The Metals & Mining industry median Days Payable is 120.27. Grounded Lithium's value of 17,520.00 is 14467.2% above this industry median. Based on the distribution chart, Grounded Lithium ranks #81 out of 1068 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Grounded Lithium's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Grounded Lithium ranks #81 out of 1068 companies for Days Payable. This places Grounded Lithium in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 120.27. Grounded Lithium's value of 17,520.00 is 14467.2% above this benchmark. 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 120.27, based on 1,068 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. Grounded Lithium's current Days Payable of 17,520.00 is 14467.2% 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 Grounded Lithium and its competitors. For the Metals & Mining industry, the median Days Payable is 120.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grounded Lithium's current Days Payable is 17,520.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grounded Lithium stock overvalued right now?
Grounded Lithium (TSXV:GRD) has a current Days Payable of 17,520.00. The current Days Payable is 17,520.00 and 14467.2% above the Metals & Mining industry median of 120.27. 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 Grounded Lithium (TSXV:GRD), the current Days Payable is 17,520.00 as of Jun. 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.

Grounded Lithium Business Description

Other Exchanges GRDAF:USA
Address 400-5th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company. The Companies principal business is the acquiring, exploring and developing of mineral properties in Canada, with a specific focus on lithium. The development of these assets includes processes to purify and recover lithium metal directly from brine liquids.