Perseverance Metals (TSXV:PMI) Days Payable: 18,295.63 (As of Mar. 2026) — 87% Below Median

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TSXV:PMI Perseverance Metals Inc TSXV:PMI
15 GF Score
Price C$0.45
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What is Perseverance Metals Days Payable?

Perseverance Metals TSXV:PMI -13.46% 15 Days Payable is 18,295.63 as of Mar. 2026, which is 87% below its 10-year median of 146,030.42. GuruFocus rates TSXV:PMI with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Perseverance Metals ranks better than 97.84% on this metric.

Perseverance Metals's average Accounts Payable for the three months ended in Mar. 2026 was C$0.20 Mil. Perseverance Metals's Cost of Goods Sold for the three months ended in Mar. 2026 was C$0.00 Mil. Hence, Perseverance Metals's Days Payable for the three months ended in Mar. 2026 was 18,295.63.

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

TSXV:PMI' s Days Payable Range Over the Past 10 Years
Min: 69775.83   Med: 146030.42   Max: 222285
Current: 90447

During the past 3 years, Perseverance Metals's highest Days Payable was 222285.00. The lowest was 69775.83. And the median was 146030.42.

TSXV:PMI's Days Payable is ranked better than
97.84% of 1065 companies
in the Metals & Mining industry
Industry Median: 126.51 vs TSXV:PMI: 90447.00

Perseverance Metals's Days Payable declined from Mar. 2025 (70,034.38) to Mar. 2026 (18,295.63). It may suggest that Perseverance Metals accelerated paying its suppliers.


Perseverance Metals Days Payable Historical Data

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The historical data trend for Perseverance Metals'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.

Perseverance Metals Days Payable Chart

Perseverance Metals Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
0.00 222,285.00 69,775.83

Perseverance Metals Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 70,034.38 65,654.38 178,895.63 153,391.25 18,295.63

Perseverance Metals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Perseverance Metals'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.


Perseverance Metals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Perseverance Metals's Days Payable falls into.


TSXV:PMI
15GF Score
Perseverance Metals Inc TSXV:PMI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Perseverance Metals 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.

Perseverance Metals'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
=( (0.901 + 0.246) / 2 ) / 0.003*365
=0.5735 / 0.003*365
=69,775.83

Perseverance Metals'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
=( (0.246 + 0.155) / 2 ) / 0.001*365 / 4
=0.2005 / 0.001*365 / 4
=18,295.63

* 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 18,295.63 mean?
Perseverance Metals (TSXV:PMI) has a Days Payable of 18,295.63 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 Perseverance Metals and its competitors. This is 87% below median its historical median of 146,030.42. Over the past decade, Perseverance Metals' Days Payable has ranged from 69,775.83 to 222,285.00. According to the industry distribution chart, Perseverance Metals ranks #23 out of 1065 companies in the Metals & Mining industry, placing it in the top 2.2%.
Is Perseverance Metals' Days Payable too high?
Perseverance Metals' current Days Payable of 18,295.63 is 87% below median its 10-year median of 146,030.42. Over the past 10 years, this metric has ranged from a low of 69,775.83 to a high of 222,285.00. The Metals & Mining industry median Days Payable is 126.51. Perseverance Metals' value of 18,295.63 is 14361.8% above this industry median. Based on the distribution chart, Perseverance Metals ranks #23 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Perseverance Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Perseverance Metals' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Perseverance Metals ranks #23 out of 1065 companies for Days Payable. This places Perseverance Metals in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.51. Perseverance Metals' value of 18,295.63 is 14361.8% above this benchmark. Historically, Perseverance Metals' own Days Payable has ranged from 69,775.83 to 222,285.00 over the past decade. While the company's 10-year median is 146,030.42 vs. the industry median of 126.51, Perseverance Metals 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 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. Perseverance Metals's current Days Payable of 18,295.63 is 14361.8% 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 Perseverance Metals 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. Perseverance Metals's current Days Payable is 18,295.63, which is 87% below median its own 10-year median of 146,030.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseverance Metals stock overvalued right now?
Perseverance Metals (TSXV:PMI) has a current Days Payable of 18,295.63. The current Days Payable is 18,295.63, which is 87% below median its 10-year median of 146,030.42 and 14361.8% above the Metals & Mining industry median of 126.51. Perseverance Metals' overall GF Score™ is 15/100 with 1 warning sign 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 Perseverance Metals (TSXV:PMI), the current Days Payable is 18,295.63 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.

Perseverance Metals Business Description

Other Exchanges EX0:Germany
Address 375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Perseverance Metals Inc is a critical minerals explorer with a project portfolio that is strategically located in key North American Ni-Cu-Co-PGE and hard rock lithium regions, including Quebec's prolific James Bay district and Michigan's productive Mid-Continent Rift. Its science-driven approach and extensive track record of discovery provide a distinct competitive advantage. It offers an opportunity for investors to be exposed to a portfolio of projects with the potential for multiple discoveries. Its exploration assets include: the Lac Gayot high-grade Ni-Cu-Co-PGE and lithium pegmatite project, the Voyageur Ni-Cu-Co-PGE project, and the Armit Lake Ni-Cu-Co project.
15GF Score

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