Auric Resources (TSXV:RES) Days Payable: 1,009.45 (As of Mar. 2026) — 40% Above Median

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What is Auric Resources Days Payable?

Auric Resources TSXV:RES Days Payable is 1,009.45 as of Mar. 2026, which is 40% above its 10-year median of 718.93. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Auric Resources ranks better than 66.95% on this metric.

Auric Resources's average Accounts Payable for the three months ended in Mar. 2026 was C$0.09 Mil. Auric Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was C$0.01 Mil. Hence, Auric Resources's Days Payable for the three months ended in Mar. 2026 was 1,009.45.

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

TSXV:RES' s Days Payable Range Over the Past 10 Years
Min: 643.1   Med: 718.93   Max: 1009.45
Current: 1009.45

During the past 13 years, Auric Resources's highest Days Payable was 1009.45. The lowest was 643.10. And the median was 718.93.

TSXV:RES's Days Payable is ranked better than
66.95% of 1065 companies
in the Metals & Mining industry
Industry Median: 126.51 vs TSXV:RES: 1009.45

Auric Resources's Days Payable increased from Mar. 2025 (422.03) to Mar. 2026 (1,009.45). It may suggest that Auric Resources delayed paying its suppliers.


Auric Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Auric Resources'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.

Auric Resources Days Payable Chart

Auric Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 643.10 794.76

Auric Resources 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 422.03 0.00 0.00 1,117.81 1,009.45

Auric Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Auric Resources'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.


Auric Resources Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Auric Resources's Days Payable falls into.



Auric Resources 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.

Auric Resources'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
=( (0.037 + 0.098) / 2 ) / 0.031*365
=0.0675 / 0.031*365
=794.76

Auric Resources'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
=( (0.098 + 0.079) / 2 ) / 0.008*365 / 4
=0.0885 / 0.008*365 / 4
=1,009.45

* 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 1,009.45 mean?
Auric Resources (TSXV:RES) has a Days Payable of 1,009.45 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 Auric Resources and its competitors. This is 40% above median its historical median of 718.93. Over the past decade, Auric Resources' Days Payable has ranged from 643.10 to 1,009.45. According to the industry distribution chart, Auric Resources ranks #352 out of 1065 companies in the Metals & Mining industry, placing it in the top 33.1%.
Is Auric Resources' Days Payable too high?
Auric Resources' current Days Payable of 1,009.45 is 40% above median its 10-year median of 718.93. Over the past 10 years, this metric has ranged from a low of 643.10 to a high of 1,009.45. The Metals & Mining industry median Days Payable is 126.51. Auric Resources' value of 1,009.45 is 697.9% above this industry median. Based on the distribution chart, Auric Resources ranks #352 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Auric Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Auric Resources ranks #352 out of 1065 companies for Days Payable. This puts Auric Resources in the upper half of its industry. The industry median Days Payable is 126.51. Auric Resources' value of 1,009.45 is 697.9% above this benchmark. Historically, Auric Resources' own Days Payable has ranged from 643.10 to 1,009.45 over the past decade. While the company's 10-year median is 718.93 vs. the industry median of 126.51, Auric Resources 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. Auric Resources's current Days Payable of 1,009.45 is 697.9% 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 Auric Resources 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. Auric Resources's current Days Payable is 1,009.45, which is 40% above median its own 10-year median of 718.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auric Resources stock overvalued right now?
Auric Resources (TSXV:RES) has a current Days Payable of 1,009.45. The current Days Payable is 1,009.45, which is 40% above median its 10-year median of 718.93 and 697.9% above the Metals & Mining industry median of 126.51. 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 Auric Resources (TSXV:RES), the current Days Payable is 1,009.45 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.

Auric Resources Business Description

Address 1066 Hastings Street West, Suite 1240, Vancouver, BC, CAN, V6E 3X1
Auric Resources Corp is a mineral exploration company engaged in the acquisition and exploration of mineral properties in Quebec, Canada. The company holds mineral claims within the Chicobi North Fault and Macamic Fault regions, which are associated with polymetallic and gold mineralization. Its Proximal Project is located near projects operated by companies including Amex Exploration's Perron Property, Star Peak's NewMetal Project, and Generic Gold's Belvais Project.