Vertical Exploration (TSXV:VERT) Days Payable: 5,315.31 (As of Feb. 2026) — 52% Above Median

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What is Vertical Exploration Days Payable?

Vertical Exploration TSXV:VERT Days Payable is 5,315.31 as of Feb. 2026, which is 52% above its 10-year median of 3,495.11. Among 1,065 Metals & Mining companies, Vertical Exploration ranks better than 81.13% on this metric.

Vertical Exploration's average Accounts Payable for the three months ended in Feb. 2026 was C$0.70 Mil. Vertical Exploration's Cost of Goods Sold for the three months ended in Feb. 2026 was C$0.01 Mil. Hence, Vertical Exploration's Days Payable for the three months ended in Feb. 2026 was 5,315.31.

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

TSXV:VERT' s Days Payable Range Over the Past 10 Years
Min: 2452.54   Med: 3495.11   Max: 5262.08
Current: 5050.69

During the past 13 years, Vertical Exploration's highest Days Payable was 5262.08. The lowest was 2452.54. And the median was 3495.11.

TSXV:VERT's Days Payable is ranked better than
81.13% of 1065 companies
in the Metals & Mining industry
Industry Median: 125.6 vs TSXV:VERT: 5050.69

Vertical Exploration's Days Payable increased from Feb. 2025 (4,340.89) to Feb. 2026 (5,315.31). It may suggest that Vertical Exploration delayed paying its suppliers.


Vertical Exploration Days Payable Historical Data

* Premium members only.

The historical data trend for Vertical Exploration'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.

Vertical Exploration Days Payable Chart

Vertical Exploration Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3,382.33 2,452.54 3,607.88 5,262.08

Vertical Exploration Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4,340.89 4,809.64 4,779.22 5,087.19 5,315.31

Vertical Exploration Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vertical Exploration'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.


Vertical Exploration Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Vertical Exploration's Days Payable falls into.



Vertical Exploration 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.

Vertical Exploration's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (0.666 + 0.718) / 2 ) / 0.048*365
=0.692 / 0.048*365
=5,262.08

Vertical Exploration's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.68 + 0.718) / 2 ) / 0.012*365 / 4
=0.699 / 0.012*365 / 4
=5,315.31

* 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 5,315.31 mean?
Vertical Exploration (TSXV:VERT) has a Days Payable of 5,315.31 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vertical Exploration and its competitors. This is 52% above median its historical median of 3,495.11. Over the past decade, Vertical Exploration's Days Payable has ranged from 2,452.54 to 5,262.08. According to the industry distribution chart, Vertical Exploration ranks #201 out of 1065 companies in the Metals & Mining industry, placing it in the top 18.9%.
Is Vertical Exploration's Days Payable too high?
Vertical Exploration's current Days Payable of 5,315.31 is 52% above median its 10-year median of 3,495.11. Over the past 10 years, this metric has ranged from a low of 2,452.54 to a high of 5,262.08. The Metals & Mining industry median Days Payable is 125.60. Vertical Exploration's value of 5,315.31 is 4131.9% above this industry median. Based on the distribution chart, Vertical Exploration ranks #201 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Vertical Exploration's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Vertical Exploration ranks #201 out of 1065 companies for Days Payable. This places Vertical Exploration in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 125.60. Vertical Exploration's value of 5,315.31 is 4131.9% above this benchmark. Historically, Vertical Exploration's own Days Payable has ranged from 2,452.54 to 5,262.08 over the past decade. While the company's 10-year median is 3,495.11 vs. the industry median of 125.60, Vertical Exploration 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 1,065 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. Vertical Exploration's current Days Payable of 5,315.31 is 4131.9% 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 Vertical Exploration 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. Vertical Exploration's current Days Payable is 5,315.31, which is 52% above median its own 10-year median of 3,495.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertical Exploration stock overvalued right now?
Vertical Exploration (TSXV:VERT) has a current Days Payable of 5,315.31. The current Days Payable is 5,315.31, which is 52% above median its 10-year median of 3,495.11 and 4131.9% above the Metals & Mining industry median of 125.60. 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 Vertical Exploration (TSXV:VERT), the current Days Payable is 5,315.31 as of Feb. 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.

Vertical Exploration Business Description

Address 789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Vertical Exploration Inc is a junior mining company. It is engaged in the acquisition, exploration development, and evaluation of mineral properties in Canada. It has one project, namely St. Onge Wollastonite, located in Quebec, Canada.