Lovisagruvan AB (XSAT:LOVI) Days Payable: 28.26 (As of Mar. 2026) — 47% Below Median

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XSAT:LOVI Lovisagruvan AB XSAT:LOVI
60 GF Score
Price kr9.74
GF Value kr20.68
Valuation Possible Value Trap
! 6 Warning Signs
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What is Lovisagruvan AB Days Payable?

Lovisagruvan AB XSAT:LOVI -3.08% 60 Days Payable is 28.26 as of Mar. 2026, which is 47% below its 10-year median of 53.26. GuruFocus rates XSAT:LOVI with a GF Score™ of 60/100 and a GF Value™ of kr20.68 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,063 Metals & Mining companies, Lovisagruvan AB ranks worse than 91.44% on this metric.

Lovisagruvan AB's average Accounts Payable for the three months ended in Mar. 2026 was kr2.32 Mil. Lovisagruvan AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr7.50 Mil. Hence, Lovisagruvan AB's Days Payable for the three months ended in Mar. 2026 was 28.26.

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

XSAT:LOVI' s Days Payable Range Over the Past 10 Years
Min: 17.28   Med: 53.26   Max: 72.87
Current: 19.09

During the past 13 years, Lovisagruvan AB's highest Days Payable was 72.87. The lowest was 17.28. And the median was 53.26.

XSAT:LOVI's Days Payable is ranked worse than
91.44% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.6 vs XSAT:LOVI: 19.09

Lovisagruvan AB's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (28.26). It may suggest that Lovisagruvan AB delayed paying its suppliers.


Lovisagruvan AB Days Payable Historical Data

* Premium members only.

The historical data trend for Lovisagruvan 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.

Lovisagruvan AB Days Payable Chart

Lovisagruvan AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.28 53.26 72.87 59.36 25.20

Lovisagruvan AB Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 0.00 0.00 0.00 8.76 28.26

Lovisagruvan AB Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lovisagruvan 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.


Lovisagruvan AB Days Payable vs Metals & Mining Industry

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

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


XSAT:LOVI
60GF Score
Lovisagruvan AB XSAT:LOVI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lovisagruvan 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.

Lovisagruvan 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
=( (1.244 + 2.323) / 2 ) / 25.836*365
=1.7835 / 25.836*365
=25.20

Lovisagruvan 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
=( (2.323 + 0) / 1 ) / 7.5*365 / 4
=2.323 / 7.5*365 / 4
=28.26

* 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 28.26 mean?
Lovisagruvan AB (XSAT:LOVI) has a Days Payable of 28.26 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 Lovisagruvan AB and its competitors. This is 47% below median its historical median of 53.26. Over the past decade, Lovisagruvan AB's Days Payable has ranged from 17.28 to 72.87. According to the industry distribution chart, Lovisagruvan AB ranks #972 out of 1063 companies in the Metals & Mining industry, placing it in the top 91.4%.
Is Lovisagruvan AB's Days Payable too high?
Lovisagruvan AB's current Days Payable of 28.26 is 47% below median its 10-year median of 53.26. Over the past 10 years, this metric has ranged from a low of 17.28 to a high of 72.87. The Metals & Mining industry median Days Payable is 125.60. Lovisagruvan AB's value of 28.26 is 77.5% below this industry median. Based on the distribution chart, Lovisagruvan AB ranks #972 out of 1063 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lovisagruvan AB has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lovisagruvan AB's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Lovisagruvan AB ranks #972 out of 1063 companies for Days Payable. This places Lovisagruvan AB in the lower half of its industry. The industry median Days Payable is 125.60. Lovisagruvan AB's value of 28.26 is 77.5% below this benchmark. Historically, Lovisagruvan AB's own Days Payable has ranged from 17.28 to 72.87 over the past decade. While the company's 10-year median is 53.26 vs. the industry median of 125.60, Lovisagruvan AB has consistently been below 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. Lovisagruvan AB's current Days Payable of 28.26 is 77.5% below 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 Lovisagruvan 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. Lovisagruvan AB's current Days Payable is 28.26, which is 47% below median its own 10-year median of 53.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lovisagruvan AB stock overvalued right now?
Based on GuruFocus' analysis, Lovisagruvan AB (XSAT:LOVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr20.68, compared to a current price of kr9.74 — trading 52.9% below its estimated fair value. The current Days Payable is 28.26, which is 47% below median its 10-year median of 53.26 and 77.5% below the Metals & Mining industry median of 125.60. Lovisagruvan AB's overall GF Score™ is 60/100 with 6 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 Lovisagruvan AB (XSAT:LOVI), the current Days Payable is 28.26 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.

Is Lovisagruvan AB (XSAT:LOVI) Overvalued in 2026?

Based on GuruFocus' analysis, Lovisagruvan AB stock appears to be undervalued. The current stock price of kr9.74 is trading 52.9% below its estimated GF Value™ of kr20.68. GuruFocus considers Lovisagruvan AB to be Possible Value Trap.

Key valuation signals for XSAT:LOVI:

  • Days Payable: 28.26 (47% below median its 10-year median of 53.26)
  • GF Value™: kr20.68 vs. price of kr9.74 (52.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 77.5% below the Metals & Mining median (#972 of 1063)

No single metric tells the full story. See the XSAT:LOVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lovisagruvan AB Business Description

Address Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.
60GF Score

Get the complete analysis for XSAT:LOVI

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

kr9.74
Price
kr20.68
GF Value