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Lincoln Gold Mining (Lincoln Gold Mining) Days Payable : 3,646.49 (As of Sep. 2023)


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What is Lincoln Gold Mining Days Payable?

Lincoln Gold Mining's average Accounts Payable for the three months ended in Sep. 2023 was $0.52 Mil. Lincoln Gold Mining's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Lincoln Gold Mining's Days Payable for the three months ended in Sep. 2023 was 3,646.49.

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

LNCLF' s Days Payable Range Over the Past 10 Years
Min: 2344.18   Med: 8388.69   Max: 267423.33
Current: 3699.72

During the past 13 years, Lincoln Gold Mining's highest Days Payable was 267423.33. The lowest was 2344.18. And the median was 8388.69.

LNCLF's Days Payable is ranked better than
79.12% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs LNCLF: 3699.72

Lincoln Gold Mining's Days Payable increased from Sep. 2022 (3,397.31) to Sep. 2023 (3,646.49). It may suggest that Lincoln Gold Mining delayed paying its suppliers.


Lincoln Gold Mining Days Payable Historical Data

The historical data trend for Lincoln Gold Mining'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.

* Premium members only.

Lincoln Gold Mining Days Payable Chart

Lincoln Gold Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306,965.00 11,109.69 5,452.19 2,360.33 3,157.25

Lincoln Gold Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3,397.31 3,628.94 4,034.01 3,716.68 3,646.49

Competitive Comparison of Lincoln Gold Mining's Days Payable

For the Gold subindustry, Lincoln Gold Mining'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.


Lincoln Gold Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lincoln Gold Mining's Days Payable falls into.



Lincoln Gold Mining 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.

Lincoln Gold Mining's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.324 + 0.541) / 2 ) / 0.05*365
=0.4325 / 0.05*365
=3,157.25

Lincoln Gold Mining's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.539 + 0.5) / 2 ) / 0.013*365 / 4
=0.5195 / 0.013*365 / 4
=3,646.49

* 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.


Lincoln Gold Mining Days Payable Related Terms

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Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

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