Majestic GoldTSXV:MJS Days Payable is 115.11 as of Mar. 2026, which is 1% above its 10-year median of 114.24. The stock has 5 warning signs investors should review. Among 1,064 Metals & Mining companies, Majestic Gold ranks worse than 58.27% on this metric.
The historical rank and industry rank for Majestic Gold's Days Payable or its related term are showing as below:
TSXV:MJS'
s Days Payable Range Over the Past 10 Years
Min: 57.49 Med: 114.24 Max: 273.26
Current: 84.26
During the past 13 years, Majestic Gold's highest Days Payable was 273.26. The lowest was 57.49. And the median was 114.24.
TSXV:MJS's Days Payable is ranked worse than 58.27% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs TSXV:MJS: 84.26
Majestic Gold's Days Payable
increased
from Mar. 2025 (72.41) to Mar. 2026 (115.11).
It may suggest that Majestic Golddelayed paying its suppliers.
Majestic Gold Days Payable Related Terms
Majestic Gold Days Payable Historical Data
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The historical data trend for Majestic 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.
For the Gold subindustry, Majestic 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.
Majestic Gold Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Days Payable distribution charts can be found below:
* The bar in red indicates where Majestic Gold's Days Payable falls into.
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.
Majestic Gold's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Majestic Gold (TSXV:MJS) has a Days Payable of 115.11 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Majestic Gold and its competitors. This is near median its historical median of 114.24. Over the past decade, Majestic Gold's Days Payable has ranged from 57.49 to 273.26. According to the industry distribution chart, Majestic Gold ranks #620 out of 1064 companies in the Metals & Mining industry, placing it in the top 58.3%.
Is Majestic Gold's Days Payable too high?
Majestic Gold's current Days Payable of 115.11 is near median its 10-year median of 114.24. Over the past 10 years, this metric has ranged from a low of 57.49 to a high of 273.26. The Metals & Mining industry median Days Payable is 127.62. Majestic Gold's value of 115.11 is 9.8% below this industry median. Based on the distribution chart, Majestic Gold ranks #620 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Majestic Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #620 out of 1064 companies for Days Payable. This places Majestic Gold in the lower half of its industry. The industry median Days Payable is 127.62. Majestic Gold's value of 115.11 is 9.8% below this benchmark. Historically, Majestic Gold's own Days Payable has ranged from 57.49 to 273.26 over the past decade. While the company's 10-year median is 114.24 vs. the industry median of 127.62, Majestic Gold has consistently been below 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 127.62, based on 1,064 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. Majestic Gold's current Days Payable of 115.11 is 9.8% below 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 Majestic Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majestic Gold's current Days Payable is 115.11, which is near median its own 10-year median of 114.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Days Payable is 115.11, which is near median its 10-year median of 114.24 and 9.8% below the Metals & Mining industry median of 127.62. 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 Majestic Gold (TSXV:MJS), the current Days Payable is 115.11 as of Mar. 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.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
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