Lappland Guldprospektering AB (XSAT:LGOLD B) Days Payable: 1,774.70 (As of Mar. 2026) — 59% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSAT:LGOLD B Lappland Guldprospektering AB XSAT:LGOLD B
9 GF Score
Price kr157.80
! 1 Warning Sign
View Full Analysis

What is Lappland Guldprospektering AB Days Payable?

Lappland Guldprospektering AB XSAT:LGOLD B +3.00% 9 Days Payable is 1,774.70 as of Mar. 2026, which is 59% below its 10-year median of 4,300.45. GuruFocus rates XSAT:LGOLD B with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,063 Metals & Mining companies, Lappland Guldprospektering AB ranks better than 77.99% on this metric.

Lappland Guldprospektering AB's average Accounts Payable for the three months ended in Mar. 2026 was kr0.76 Mil. Lappland Guldprospektering AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr0.04 Mil. Hence, Lappland Guldprospektering AB's Days Payable for the three months ended in Mar. 2026 was 1,774.70.

The historical rank and industry rank for Lappland Guldprospektering AB's Days Payable or its related term are showing as below:

XSAT:LGOLD B' s Days Payable Range Over the Past 10 Years
Min: 3496.51   Med: 4300.45   Max: 4300.45
Current: 3496.51

During the past 4 years, Lappland Guldprospektering AB's highest Days Payable was 4300.45. The lowest was 3496.51. And the median was 4300.45.

XSAT:LGOLD B's Days Payable is ranked better than
77.99% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs XSAT:LGOLD B: 3496.51

Lappland Guldprospektering AB's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (1,774.70). It may suggest that Lappland Guldprospektering AB delayed paying its suppliers.


Lappland Guldprospektering AB Days Payable Historical Data

* Premium members only.

The historical data trend for Lappland Guldprospektering AB'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.

Lappland Guldprospektering AB Days Payable Chart

Lappland Guldprospektering AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 0.00 0.00 4,300.45

Lappland Guldprospektering AB Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 3,862.33 9,332.07 1,774.70

XSAT:LGOLD B vs NEM, AU, RGLD: Days Payable Comparison

For the Gold subindustry, Lappland Guldprospektering AB'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.


Lappland Guldprospektering AB Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Lappland Guldprospektering AB's Days Payable falls into.


XSAT:LGOLD B
9GF Score
Lappland Guldprospektering AB XSAT:LGOLD B
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lappland Guldprospektering AB 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.

Lappland Guldprospektering AB'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
=( (0.178 + 0.741) / 2 ) / 0.039*365
=0.4595 / 0.039*365
=4,300.45

Lappland Guldprospektering AB's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.741 + 0.776) / 2 ) / 0.039*365 / 4
=0.7585 / 0.039*365 / 4
=1,774.70

* 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 1,774.70 mean?
Lappland Guldprospektering AB (XSAT:LGOLD B) has a Days Payable of 1,774.70 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 Lappland Guldprospektering AB and its competitors. This is 59% below median its historical median of 4,300.45. Over the past decade, Lappland Guldprospektering AB's Days Payable has ranged from 3,496.51 to 4,300.45. According to the industry distribution chart, Lappland Guldprospektering AB ranks #234 out of 1063 companies in the Metals & Mining industry, placing it in the top 22%.
Is Lappland Guldprospektering AB's Days Payable too high?
Lappland Guldprospektering AB's current Days Payable of 1,774.70 is 59% below median its 10-year median of 4,300.45. Over the past 10 years, this metric has ranged from a low of 3,496.51 to a high of 4,300.45. The Metals & Mining industry median Days Payable is 125.60. Lappland Guldprospektering AB's value of 1,774.70 is 1313% above this industry median. Based on the distribution chart, Lappland Guldprospektering AB ranks #234 out of 1063 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lappland Guldprospektering AB has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Lappland Guldprospektering AB's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lappland Guldprospektering AB ranks #234 out of 1063 companies for Days Payable. This places Lappland Guldprospektering AB in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 125.60. Lappland Guldprospektering AB's value of 1,774.70 is 1313% above this benchmark. Historically, Lappland Guldprospektering AB's own Days Payable has ranged from 3,496.51 to 4,300.45 over the past decade. While the company's 10-year median is 4,300.45 vs. the industry median of 125.60, Lappland Guldprospektering AB 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. Lappland Guldprospektering AB's current Days Payable of 1,774.70 is 1313% 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 Lappland Guldprospektering AB 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. Lappland Guldprospektering AB's current Days Payable is 1,774.70, which is 59% below median its own 10-year median of 4,300.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lappland Guldprospektering AB stock overvalued right now?
Lappland Guldprospektering AB (XSAT:LGOLD B) has a current Days Payable of 1,774.70. The current Days Payable is 1,774.70, which is 59% below median its 10-year median of 4,300.45 and 1313% above the Metals & Mining industry median of 125.60. Lappland Guldprospektering AB's overall GF Score™ is 9/100 with 1 warning sign 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 Lappland Guldprospektering AB (XSAT:LGOLD B), the current Days Payable is 1,774.70 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.

Lappland Guldprospektering AB Business Description

Address Engelbrektsgatan 7, 556487–3064, Stockholm, SWE, 114 32
Lappland Guldprospektering AB is a Swedish company active in gold prospecting with a focus on developing and operating gold mining in Sweden and the rest of the Nordic region. Its project include Stortjarnhobbens gold project.
9GF Score

Get the complete analysis for XSAT:LGOLD B

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr157.80
Price