XXIX MetalTSXV:XXIX 36 Days Payable is 6,041.51 as of Apr. 2026, which is 40% below its 10-year median of 10,078.29. GuruFocus rates TSXV:XXIX with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, XXIX Metal ranks better than 84.3% on this metric.
XXIX Metal's average Accounts Payable for the
three
months ended in Apr. 2026 was C$0.79 Mil. XXIX Metal's Cost of Goods Sold for the
three
months ended in Apr. 2026 was C$0.01 Mil.
Hence, XXIX Metal's Days Payable for the
three
months ended in Apr. 2026 was 6,041.51.
The historical rank and industry rank for XXIX Metal's Days Payable or its related term are showing as below:
TSXV:XXIX'
s Days Payable Range Over the Past 10 Years
Min: 6084.72 Med: 10078.29 Max: 14980.21
Current: 6599.69
During the past 8 years, XXIX Metal's highest Days Payable was 14980.21. The lowest was 6084.72. And the median was 10078.29.
TSXV:XXIX's Days Payable is ranked better than 84.3% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs TSXV:XXIX: 6599.69
XXIX Metal's Days Payable
declined
from Apr. 2025 (28,549.84) to Apr. 2026 (6,041.51).
It may suggest that XXIX Metalaccelerated paying its suppliers.
XXIX Metal Days Payable Related Terms
XXIX Metal Days Payable Historical Data
* Premium members only.
The historical data trend for XXIX Metal'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 Copper subindustry, XXIX Metal'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.
XXIX Metal Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, XXIX Metal's Days Payable distribution charts can be found below:
* The bar in red indicates where XXIX Metal'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.
XXIX Metal's Days Payable for the fiscal year that ended in Oct. 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.
XXIX Metal (TSXV:XXIX) has a Days Payable of 6,041.51 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on XXIX Metal and its competitors. This is 40% below median its historical median of 10,078.29. Over the past decade, XXIX Metal's Days Payable has ranged from 6,084.72 to 14,980.21. According to the industry distribution chart, XXIX Metal ranks #167 out of 1064 companies in the Metals & Mining industry, placing it in the top 15.7%.
Is XXIX Metal's Days Payable too high?
XXIX Metal's current Days Payable of 6,041.51 is 40% below median its 10-year median of 10,078.29. Over the past 10 years, this metric has ranged from a low of 6,084.72 to a high of 14,980.21. The Metals & Mining industry median Days Payable is 126.89. XXIX Metal's value of 6,041.51 is 4661.4% above this industry median. Based on the distribution chart, XXIX Metal ranks #167 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, XXIX Metal has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, XXIX Metal ranks #167 out of 1064 companies for Days Payable. This places XXIX Metal in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.89. XXIX Metal's value of 6,041.51 is 4661.4% above this benchmark. Historically, XXIX Metal's own Days Payable has ranged from 6,084.72 to 14,980.21 over the past decade. While the company's 10-year median is 10,078.29 vs. the industry median of 126.89, XXIX Metal 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. XXIX Metal's current Days Payable of 6,041.51 is 4661.4% 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 XXIX Metal 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. XXIX Metal's current Days Payable is 6,041.51, which is 40% below median its own 10-year median of 10,078.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Days Payable of 6,041.51. The current Days Payable is 6,041.51, which is 40% below median its 10-year median of 10,078.29 and 4661.4% above the Metals & Mining industry median of 126.89. XXIX Metal's overall GF Score™ is 36/100 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 XXIX Metal (TSXV:XXIX), the current Days Payable is 6,041.51 as of Apr. 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.
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
36GF Score
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