Lincoln Gold Mining (Lincoln Gold Mining) Days Payable : 5,085.11 (As of Dec. 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 Dec. 2023 was $0.61 Mil. Lincoln Gold Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Lincoln Gold Mining's Days Payable for the three months ended in Dec. 2023 was 5,085.11.

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: 5596.67 Max: 267423.33
Current: 4154.46

During the past 13 years, Lincoln Gold Mining's highest Days Payable was 267423.33. The lowest was 2344.18. And the median was 5596.67.

LNCLF's Days Payable is ranked better than
80.52% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs LNCLF: 4154.46

Lincoln Gold Mining's Days Payable increased from Dec. 2022 (3,628.94) to Dec. 2023 (5,085.11). 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11,109.69

5,452.19

2,360.33

3,157.25

4,624.55

Lincoln Gold Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															3,628.94	4,034.01	3,716.68	3,646.49	5,085.11

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. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.541	+	0.726)	/	2 )	/	0.05	*	365
=	0.6335					/	0.05	*	365
=	4,624.55

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.5	+	0.726)	/	2 )	/	0.011	*	365 / 4
=	0.613					/	0.011	*	365 / 4
=	5,085.11

Lincoln Gold Mining Days Payable Related Terms

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Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lincoln Gold Mining Inc (OTCPK:LNCLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LMG:Canada

Address

789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2

Website

http://www.lincolnmining.com

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