GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascadia Minerals Ltd (TSXV:CAM) » Definitions » Days Payable

Cascadia Minerals (TSXV:CAM) Days Payable : 39,739.38 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Cascadia Minerals Days Payable?

Cascadia Minerals's average Accounts Payable for the three months ended in Dec. 2023 was C$0.44 Mil. Cascadia Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, Cascadia Minerals's Days Payable for the three months ended in Dec. 2023 was 39,739.38.

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

TSXV:CAM' s Days Payable Range Over the Past 10 Years
Min: 5414.17   Med: 5551.05   Max: 58400
Current: 58400

During the past 2 years, Cascadia Minerals's highest Days Payable was 58400.00. The lowest was 5414.17. And the median was 5551.05.

TSXV:CAM's Days Payable is ranked better than
97.38% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSXV:CAM: 58400.00

Cascadia Minerals's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (39,739.38). It may suggest that Cascadia Minerals delayed paying its suppliers.


Cascadia Minerals Days Payable Historical Data

The historical data trend for Cascadia Minerals'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.

Cascadia Minerals Days Payable Chart

Cascadia Minerals Annual Data
Trend Dec22 Dec23
Days Payable
5,414.17 5,687.92

Cascadia Minerals Quarterly Data
Sep22 Dec22 Jun23 Sep23 Dec23
Days Payable - 4,060.63 - 70,536.25 39,739.38

Competitive Comparison of Cascadia Minerals's Days Payable

For the Other Precious Metals & Mining subindustry, Cascadia Minerals'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.


Cascadia Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cascadia Minerals's Days Payable falls into.



Cascadia Minerals 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.

Cascadia Minerals'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
=( (0.089 + 0.098) / 2 ) / 0.006*365
=0.0935 / 0.006*365
=5,687.92

Cascadia Minerals'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
=( (0.773 + 0.098) / 2 ) / 0.001*365 / 4
=0.4355 / 0.001*365 / 4
=39,739.38

* 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.


Cascadia Minerals Days Payable Related Terms

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


Cascadia Minerals (TSXV:CAM) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.
Executives
Andrew Olaf Carne Senior Officer