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Summit RoyaltiesTSXV:SUM +0.77%22 Days Payable is 610.53 as of Mar. 2026, which is 45% below its 10-year median of 1,104.53. GuruFocus rates TSXV:SUM with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,063 Metals & Mining companies, Summit Royalties ranks better than 77.99% on this metric.
The historical rank and industry rank for Summit Royalties's Days Payable or its related term are showing as below:
TSXV:SUM'
s Days Payable Range Over the Past 10 Years
Min: 1104.53 Med: 1104.53 Max: 3502.91
Current: 3502.91
During the past 2 years, Summit Royalties's highest Days Payable was 3502.91. The lowest was 1104.53. And the median was 1104.53.
TSXV:SUM's Days Payable is ranked better than 77.99% of 1063
companies
in the Metals & Mining industry
Industry Median: 125.6
vs TSXV:SUM: 3502.91
Summit Royalties's Days Payable
increased
from Dec. 2024 (0.00) to Mar. 2026 (610.53).
It may suggest that Summit Royaltiesdelayed paying its suppliers.
Summit Royalties Days Payable Related Terms
Summit Royalties Days Payable Historical Data
* Premium members only.
The historical data trend for Summit Royalties'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 Other Precious Metals & Mining subindustry, Summit Royalties'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.
Summit Royalties Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Summit Royalties's Days Payable distribution charts can be found below:
* The bar in red indicates where Summit Royalties'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.
Summit Royalties'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.
Summit Royalties (TSXV:SUM) has a Days Payable of 610.53 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 Summit Royalties and its competitors. This is 45% below median its historical median of 1,104.53. Over the past decade, Summit Royalties' Days Payable has ranged from 1,104.53 to 3,502.91. According to the industry distribution chart, Summit Royalties ranks #234 out of 1063 companies in the Metals & Mining industry, placing it in the top 22%.
Is Summit Royalties' Days Payable too high?
Summit Royalties' current Days Payable of 610.53 is 45% below median its 10-year median of 1,104.53. Over the past 10 years, this metric has ranged from a low of 1,104.53 to a high of 3,502.91. The Metals & Mining industry median Days Payable is 125.60. Summit Royalties' value of 610.53 is 386.1% above this industry median. Based on the distribution chart, Summit Royalties ranks #234 out of 1063 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Summit Royalties has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Summit Royalties' Days Payable compare to HL?
According to the Metals & Mining industry distribution chart, Summit Royalties ranks #234 out of 1063 companies for Days Payable. This places Summit Royalties in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 125.60. Summit Royalties' value of 610.53 is 386.1% above this benchmark. Historically, Summit Royalties' own Days Payable has ranged from 1,104.53 to 3,502.91 over the past decade. While the company's 10-year median is 1,104.53 vs. the industry median of 125.60, Summit Royalties 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 125.60, based on 1,063 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. Summit Royalties's current Days Payable of 610.53 is 386.1% 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 Summit Royalties and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Royalties's current Days Payable is 610.53, which is 45% below median its own 10-year median of 1,104.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Royalties stock overvalued right now?
Summit Royalties (TSXV:SUM) has a current Days Payable of 610.53. The current Days Payable is 610.53, which is 45% below median its 10-year median of 1,104.53 and 386.1% above the Metals & Mining industry median of 125.60. Summit Royalties' overall GF Score™ is 22/100 with 2 warning signs 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 Summit Royalties (TSXV:SUM), the current Days Payable is 610.53 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.
Summit Royalties Ltd is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production, with additional royalties on development- and exploration-stage properties. The group intends to become the next mid-tier royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The company manages its business under a single operating segment, which is the ownership and acquisition of precious metal royalty and mineral streaming interests. Geographically, the company operates in Africa; Canada, which derives maximum revenue; Columbia; and Brazil.
22GF Score
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