Volcanic Gold Mines (TSXV:VG) Days Payable: 0.00 (As of Dec. 2025)

What is Volcanic Gold Mines Days Payable?

Volcanic Gold Mines TSXV:VG Days Payable is 0.00 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Volcanic Gold Mines ranks better than 64.13% on this metric.

Volcanic Gold Mines's average Accounts Payable for the three months ended in Dec. 2025 was C$0.00 Mil. Volcanic Gold Mines's Cost of Goods Sold for the three months ended in Dec. 2025 was C$0.01 Mil. Hence, Volcanic Gold Mines's Days Payable for the three months ended in Dec. 2025 was 0.00.

The historical rank and industry rank for Volcanic Gold Mines's Days Payable or its related term are showing as below:

TSXV:VG' s Days Payable Range Over the Past 10 Years
Min: 655.2 Med: 1477.24 Max: 1524.89
Current: 655.2

During the past 13 years, Volcanic Gold Mines's highest Days Payable was 1524.89. The lowest was 655.20. And the median was 1477.24.

TSXV:VG's Days Payable is ranked better than
64.13% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs TSXV:VG: 655.20

Volcanic Gold Mines's Days Payable declined from Dec. 2024 (699.58) to Dec. 2025 (0.00). It may suggest that Volcanic Gold Mines accelerated paying its suppliers.

Volcanic Gold Mines Days Payable Related Terms

Volcanic Gold Mines Days Payable Historical Data

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The historical data trend for Volcanic Gold Mines'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.

Volcanic Gold Mines Days Payable Chart

Volcanic Gold Mines Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Days Payable

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0.00

1,524.89

1,429.58

0.00

Volcanic Gold Mines Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
Days Payable	Get a 7-Day Free Trial															699.58	593.13	593.13	0.00	0.00

TSXV:VG vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Volcanic Gold Mines'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.

Volcanic Gold Mines Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Volcanic Gold Mines's Days Payable falls into.

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Volcanic Gold Mines 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.

Volcanic Gold Mines'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	+	0)	/	1 )	/	0.061	*	365
=	0					/	0.061	*	365
=	0.00

Volcanic Gold Mines's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

	Days Payable (Q: Dec. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2025 )	+	Accounts Payable (Q: Dec. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.014	*	365 / 4
=	0					/	0.014	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Volcanic Gold Mines (TSXV:VG) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Volcanic Gold Mines and its competitors. Over the past decade, Volcanic Gold Mines' Days Payable has ranged from 655.20 to 1,524.89. According to the industry distribution chart, Volcanic Gold Mines ranks #382 out of 1065 companies in the Metals & Mining industry, placing it in the top 35.9%.

Is Volcanic Gold Mines' Days Payable too high?

Volcanic Gold Mines' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 655.20 to a high of 1,524.89. Based on the distribution chart, Volcanic Gold Mines ranks #382 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint.

How does Volcanic Gold Mines' Days Payable compare to NEM and AU?

According to the Metals & Mining industry distribution chart, Volcanic Gold Mines ranks #382 out of 1065 companies for Days Payable. This puts Volcanic Gold Mines in the upper half of its industry. The industry median Days Payable is 127.26. Historically, Volcanic Gold Mines' own Days Payable has ranged from 655.20 to 1,524.89 over the past decade. 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 127.26, 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. 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 Volcanic Gold Mines and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volcanic Gold Mines's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Volcanic Gold Mines stock overvalued right now?

Volcanic Gold Mines (TSXV:VG) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Volcanic Gold Mines (TSXV:VG), the current Days Payable is 0.00 as of Dec. 2025. 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.

Volcanic Gold Mines Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:QCX TSXV:TES TSXV:CAN XCNQ:ELEM XCNQ:MOC XCNQ:GGC XCNQ:KVM TSXV:CLV TSXV:EMR TSXV:ABM SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges VLMZF:USA CKC2:Germany

Address 1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6

Website https://www.volgold.com

Volcanic Gold Mines Inc is a Canadian company that is principally engaged in the acquisition and exploration of resource properties. It holds an interest in the Holly and Banderas property located in Guatemala. The company operates through a single segment, being the Acquisition, exploration, and evaluation of mineral properties. The mineral property interests and substantially all property and equipment are located in Guatemala, and substantially all of the exploration expenditures are incurred in Guatemala.