Monument Mining (TSXV:MMY) Days Payable: 62.14 (As of Mar. 2026) — 43% Below Median


TSXV:MMY Monument Mining Ltd TSXV:MMY
79 GF Score
Price C$0.83
GF Value C$1.10
Valuation Modestly Undervalued
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What is Monument Mining Days Payable?

Monument Mining TSXV:MMY +2.47% 79 Days Payable is 62.14 as of Mar. 2026, which is 43% below its 10-year median of 108.67. GuruFocus rates TSXV:MMY with a GF Score™ of 79/100 and a GF Value™ of C$1.10 (Modestly Undervalued). Among 1,064 Metals & Mining companies, Monument Mining ranks worse than 70.39% on this metric.

Monument Mining's average Accounts Payable for the three months ended in Mar. 2026 was C$13.6 Mil. Monument Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was C$20.0 Mil. Hence, Monument Mining's Days Payable for the three months ended in Mar. 2026 was 62.14.

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

TSXV:MMY' s Days Payable Range Over the Past 10 Years
Min: 56.07   Med: 108.67   Max: 195.61
Current: 56.07

During the past 13 years, Monument Mining's highest Days Payable was 195.61. The lowest was 56.07. And the median was 108.67.

TSXV:MMY's Days Payable is ranked worse than
70.39% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs TSXV:MMY: 56.07

Monument Mining's Days Payable declined from Mar. 2025 (113.86) to Mar. 2026 (62.14). It may suggest that Monument Mining accelerated paying its suppliers.


Monument Mining Days Payable Historical Data

* Premium members only.

The historical data trend for Monument Mining'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.

Monument Mining Days Payable Chart

Monument Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.78 73.54 195.61 110.14 76.05

Monument Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 113.86 71.02 49.87 35.69 62.14

TSXV:MMY vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Monument Mining'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.


Monument Mining Days Payable vs Metals & Mining Industry

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

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


TSXV:MMY
79GF Score
Monument Mining Ltd TSXV:MMY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Monument Mining 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.

Monument Mining's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (10.523 + 8.573) / 2 ) / 45.825*365
=9.548 / 45.825*365
=76.05

Monument Mining's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12.584 + 14.634) / 2 ) / 19.985*365 / 4
=13.609 / 19.985*365 / 4
=62.14

* 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 62.14 mean?
Monument Mining (TSXV:MMY) has a Days Payable of 62.14 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 Monument Mining and its competitors. This is 43% below median its historical median of 108.67. Over the past decade, Monument Mining's Days Payable has ranged from 56.07 to 195.61. According to the industry distribution chart, Monument Mining ranks #749 out of 1064 companies in the Metals & Mining industry, placing it in the top 70.4%.
Is Monument Mining's Days Payable too high?
Monument Mining's current Days Payable of 62.14 is 43% below median its 10-year median of 108.67. Over the past 10 years, this metric has ranged from a low of 56.07 to a high of 195.61. The Metals & Mining industry median Days Payable is 126.89. Monument Mining's value of 62.14 is 51% below this industry median. Based on the distribution chart, Monument Mining ranks #749 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Monument Mining has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Monument Mining ranks #749 out of 1064 companies for Days Payable. This places Monument Mining in the lower half of its industry. The industry median Days Payable is 126.89. Monument Mining's value of 62.14 is 51% below this benchmark. Historically, Monument Mining's own Days Payable has ranged from 56.07 to 195.61 over the past decade. While the company's 10-year median is 108.67 vs. the industry median of 126.89, Monument Mining 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 126.89, 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. Monument Mining's current Days Payable of 62.14 is 51% 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 Monument Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monument Mining's current Days Payable is 62.14, which is 43% below median its own 10-year median of 108.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (TSXV:MMY) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.10, compared to a current price of C$0.83 — trading 24.5% below its estimated fair value. The current Days Payable is 62.14, which is 43% below median its 10-year median of 108.67 and 51% below the Metals & Mining industry median of 126.89. Monument Mining's overall GF Score™ is 79/100. 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 Monument Mining (TSXV:MMY), the current Days Payable is 62.14 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.

Is Monument Mining (TSXV:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued. The current stock price of C$0.83 is trading 24.5% below its estimated GF Value™ of C$1.10. GuruFocus considers Monument Mining to be Modestly Undervalued.

Key valuation signals for TSXV:MMY:

  • Days Payable: 62.14 (43% below median its 10-year median of 108.67)
  • GF Value™: C$1.10 vs. price of C$0.83 (24.5% below fair value)
  • GF Score™: 79/100
  • Industry Position: 51% below the Metals & Mining median (#749 of 1064)

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


Monument Mining Business Description

Other Exchanges MMTMF:USAD7Q1:Germany
Address 1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
79GF Score

Get the complete analysis for TSXV:MMY

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

C$0.83
Price
C$1.10
GF Value