Visible Gold MinesTSXV:VGD -13.33%38 Days Payable is 538.38 as of Jan. 2026, which is 91% below its 10-year median of 6,192.84. GuruFocus rates TSXV:VGD with a GF Score™ of 38/100. Among 1,064 Metals & Mining companies, Visible Gold Mines ranks better than 80.73% on this metric.
The historical rank and industry rank for Visible Gold Mines's Days Payable or its related term are showing as below:
TSXV:VGD'
s Days Payable Range Over the Past 10 Years
Min: 775.63 Med: 6192.84 Max: 21763.13
Current: 5161.1
During the past 13 years, Visible Gold Mines's highest Days Payable was 21763.13. The lowest was 775.63. And the median was 6192.84.
TSXV:VGD's Days Payable is ranked better than 80.73% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs TSXV:VGD: 5161.10
Visible Gold Mines's Days Payable
declined
from Jan. 2025 (5,684.88) to Jan. 2026 (538.38).
It may suggest that Visible Gold Minesaccelerated paying its suppliers.
Visible Gold Mines Days Payable Related Terms
Visible Gold Mines Days Payable Historical Data
* Premium members only.
The historical data trend for Visible 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.
For the Gold subindustry, Visible 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.
Visible Gold Mines Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's Days Payable distribution charts can be found below:
* The bar in red indicates where Visible Gold Mines'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.
Visible Gold Mines's Days Payable for the fiscal year that ended in Jul. 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.
Visible Gold Mines (TSXV:VGD) has a Days Payable of 538.38 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Visible Gold Mines and its competitors. This is 91% below median its historical median of 6,192.84. Over the past decade, Visible Gold Mines' Days Payable has ranged from 775.63 to 21,763.13. According to the industry distribution chart, Visible Gold Mines ranks #205 out of 1064 companies in the Metals & Mining industry, placing it in the top 19.3%.
Is Visible Gold Mines' Days Payable too high?
Visible Gold Mines' current Days Payable of 538.38 is 91% below median its 10-year median of 6,192.84. Over the past 10 years, this metric has ranged from a low of 775.63 to a high of 21,763.13. The Metals & Mining industry median Days Payable is 126.89. Visible Gold Mines' value of 538.38 is 324.3% above this industry median. Based on the distribution chart, Visible Gold Mines ranks #205 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #205 out of 1064 companies for Days Payable. This places Visible Gold Mines in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.89. Visible Gold Mines' value of 538.38 is 324.3% above this benchmark. Historically, Visible Gold Mines' own Days Payable has ranged from 775.63 to 21,763.13 over the past decade. While the company's 10-year median is 6,192.84 vs. the industry median of 126.89, Visible Gold Mines 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 126.89, based on 1,064 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. Visible Gold Mines's current Days Payable of 538.38 is 324.3% 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 Visible Gold Mines and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visible Gold Mines's current Days Payable is 538.38, which is 91% below median its own 10-year median of 6,192.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (TSXV:VGD) has a current Days Payable of 538.38. The current Days Payable is 538.38, which is 91% below median its 10-year median of 6,192.84 and 324.3% above the Metals & Mining industry median of 126.89. Visible Gold Mines' overall GF Score™ is 38/100. 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 Visible Gold Mines (TSXV:VGD), the current Days Payable is 538.38 as of Jan. 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.
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score
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