Sun Peak Metals (TSXV:PEAK) Days Payable : 182.50 (As of Dec. 2023)

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What is Sun Peak Metals Days Payable?

Sun Peak Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$0.04 Mil. Sun Peak Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, Sun Peak Metals's Days Payable for the three months ended in Dec. 2023 was 182.50.

The historical rank and industry rank for Sun Peak Metals's Days Payable or its related term are showing as below:

TSXV:PEAK' s Days Payable Range Over the Past 10 Years
Min: 248 Med: 534.46 Max: 21269.55
Current: 248

During the past 5 years, Sun Peak Metals's highest Days Payable was 21269.55. The lowest was 248.00. And the median was 534.46.

TSXV:PEAK's Days Payable is ranked better than
57.4% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs TSXV:PEAK: 248.00

Sun Peak Metals's Days Payable declined from Dec. 2022 (2,387.71) to Dec. 2023 (182.50). It may suggest that Sun Peak Metals accelerated paying its suppliers.

Sun Peak Metals Days Payable Historical Data

The historical data trend for Sun Peak Metals'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.

Sun Peak Metals Days Payable Chart

Sun Peak Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21,269.55

3,014.90

534.46

430.37

365.00

Sun Peak Metals Quarterly Data
	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														2,387.71	374.61	190.10	115.40	182.50

Competitive Comparison of Sun Peak Metals's Days Payable

For the Other Precious Metals & Mining subindustry, Sun Peak Metals'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.

Sun Peak Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sun Peak Metals's Days Payable falls into.

Sun Peak Metals 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.

Sun Peak Metals'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
=	( (0.097	+	0.049)	/	2 )	/	0.073	*	365
=	0.073					/	0.073	*	365
=	365.00

Sun Peak Metals'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
=	( (0.027	+	0.049)	/	2 )	/	0.019	*	365 / 4
=	0.038					/	0.019	*	365 / 4
=	182.50

Sun Peak Metals Days Payable Related Terms

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Sun Peak Metals (TSXV:PEAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sun Peak Metals Corp (TSXV:PEAK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SUNPF:USA

Address

Unit 1 - 15782 Marine Drive, White Rock, BC, CAN, V4B 1E6

Website

https://www.sunpeakmetals.com

Sun Peak Metals Corp is engaged in the acquisition, exploration, and development of resource properties for the mining of precious or base metals. It is focused on the exploration and discovery of gold and copper targets on the Shire Project in Ethiopia. The Shire Project is comprised of four exploration licenses and covers approximately 900 square kilometers in northern Ethiopia.

Sun Peak Metals (TSXV:PEAK) Headlines

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