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Pacific Ridge Exploration (STU:PQWN) Days Payable : 703.93 (As of Dec. 2023)


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What is Pacific Ridge Exploration Days Payable?

Pacific Ridge Exploration's average Accounts Payable for the three months ended in Dec. 2023 was €0.11 Mil. Pacific Ridge Exploration's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.01 Mil. Hence, Pacific Ridge Exploration's Days Payable for the three months ended in Dec. 2023 was 703.93.

The historical rank and industry rank for Pacific Ridge Exploration's Days Payable or its related term are showing as below:

STU:PQWN' s Days Payable Range Over the Past 10 Years
Min: 1327.5   Med: 2791.02   Max: 4254.53
Current: 1327.5

During the past 13 years, Pacific Ridge Exploration's highest Days Payable was 4254.53. The lowest was 1327.50. And the median was 2791.02.

STU:PQWN's Days Payable is ranked better than
69.48% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs STU:PQWN: 1327.50

Pacific Ridge Exploration's Days Payable declined from Dec. 2022 (23,633.75) to Dec. 2023 (703.93). It may suggest that Pacific Ridge Exploration accelerated paying its suppliers.


Pacific Ridge Exploration Days Payable Historical Data

The historical data trend for Pacific Ridge Exploration'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.

Pacific Ridge Exploration Days Payable Chart

Pacific Ridge Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4,297.05 1,339.55

Pacific Ridge Exploration 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 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 23,633.75 2,954.22 - - 703.93

Competitive Comparison of Pacific Ridge Exploration's Days Payable

For the Other Precious Metals & Mining subindustry, Pacific Ridge Exploration'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.


Pacific Ridge Exploration's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pacific Ridge Exploration's Days Payable falls into.



Pacific Ridge Exploration 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.

Pacific Ridge Exploration'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
=( (0.259 + 0.108) / 2 ) / 0.05*365
=0.1835 / 0.05*365
=1,339.55

Pacific Ridge Exploration'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 + 0.108) / 1 ) / 0.014*365 / 4
=0.108 / 0.014*365 / 4
=703.93

* 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.


Pacific Ridge Exploration Days Payable Related Terms

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Pacific Ridge Exploration (STU:PQWN) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Pacific Ridge Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of mineral properties in Canada and the United States. The company explores zinc and gold deposits. Its projects portfolio includes White Gold property located in Yukon that includes Mariposa, Gold Cap, and Eureka Dome; Fyre Lake property located in Yukon and Spius property located in British Columbia.

Pacific Ridge Exploration (STU:PQWN) Headlines

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