Calibre Mining (TSX:CXB) Days Payable : 41.74 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

What is Calibre Mining Days Payable?

Calibre Mining's average Accounts Payable for the three months ended in Dec. 2023 was C$67.3 Mil. Calibre Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was C$147.2 Mil. Hence, Calibre Mining's Days Payable for the three months ended in Dec. 2023 was 41.74.

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

TSX:CXB' s Days Payable Range Over the Past 10 Years
Min: 36.95 Med: 4483.5 Max: 87736.88
Current: 40.49

During the past 13 years, Calibre Mining's highest Days Payable was 87736.88. The lowest was 36.95. And the median was 4483.50.

TSX:CXB's Days Payable is ranked worse than
79.59% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:CXB: 40.49

Calibre Mining's Days Payable declined from Dec. 2022 (46.74) to Dec. 2023 (41.74). It may suggest that Calibre Mining accelerated paying its suppliers.

Calibre Mining Days Payable Historical Data

The historical data trend for Calibre 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.

Calibre Mining Days Payable Chart

Calibre Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

65.05

54.60

36.95

37.11

44.78

Calibre 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															46.74	37.56	40.28	38.18	41.74

Competitive Comparison of Calibre Mining's Days Payable

For the Gold subindustry, Calibre 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.

Calibre Mining's Days Payable Distribution in the Metals & Mining Industry

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

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

Calibre 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.

Calibre 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
=	( (57.333	+	71.467)	/	2 )	/	524.966	*	365
=	64.4					/	524.966	*	365
=	44.78

Calibre 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
=	( (63.22	+	71.467)	/	2 )	/	147.231	*	365 / 4
=	67.3435					/	147.231	*	365 / 4
=	41.74

Calibre Mining Days Payable Related Terms

Thank you for viewing the detailed overview of Calibre Mining's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Calibre Mining (TSX:CXB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Calibre Mining Corp (TSX:CXB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CXBMF:USA WCLA:Germany

Address

200 Burrard Street, Suite 1560, Vancouver, BC, CAN, V6C 3L6

Website

https://www.calibremining.com

Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.

Executives

David Hendriks

Senior Officer

Calibre Mining (TSX:CXB) Headlines

No Headlines