Pacific Empire Minerals (TSXV:PEMC) Days Payable : 1,381.79 (As of Dec. 2023)

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What is Pacific Empire Minerals Days Payable?

Pacific Empire Minerals's average Accounts Payable for the three months ended in Dec. 2023 was C$0.11 Mil. Pacific Empire Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Pacific Empire Minerals's Days Payable for the three months ended in Dec. 2023 was 1,381.79.

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

TSXV:PEMC' s Days Payable Range Over the Past 10 Years
Min: 557.93 Med: 1243.89 Max: 14478.33
Current: 985.5

During the past 7 years, Pacific Empire Minerals's highest Days Payable was 14478.33. The lowest was 557.93. And the median was 1243.89.

TSXV:PEMC's Days Payable is ranked better than
66.92% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs TSXV:PEMC: 985.50

Pacific Empire Minerals's Days Payable increased from Dec. 2022 (527.95) to Dec. 2023 (1,381.79). It may suggest that Pacific Empire Minerals delayed paying its suppliers.

Pacific Empire Minerals Days Payable Historical Data

The historical data trend for Pacific Empire 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.

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Pacific Empire Minerals Days Payable Chart

Pacific Empire Minerals Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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2,792.25

1,181.45

1,306.32

557.93

919.52

Pacific Empire Minerals 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															527.95	638.75	905.98	945.09	1,381.79

Competitive Comparison of Pacific Empire Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Pacific Empire 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.

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

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

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

Pacific Empire 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.

Pacific Empire Minerals's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.06	+	0.071)	/	2 )	/	0.026	*	365
=	0.0655					/	0.026	*	365
=	919.52

Pacific Empire 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
=	( (0.077	+	0.135)	/	2 )	/	0.007	*	365 / 4
=	0.106					/	0.007	*	365 / 4
=	1,381.79

Pacific Empire Minerals Days Payable Related Terms

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Pacific Empire Minerals (TSXV:PEMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pacific Empire Minerals Corp (TSXV:PEMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1YK:Germany

Address

525 Seymour Street, Suite 804, Vancouver, BC, CAN, V6B 3H6

Website

https://www.pemcorp.ca

Pacific Empire Minerals Corp is a mineral exploration company. Its principal business is the acquisition and exploration of mineral exploration properties in Canada. The company project portfolio includes Jean Marie property, Abby property, and Trident property among others.

Executives

Christopher Laurence Tucker

Director

Pacific Empire Minerals (TSXV:PEMC) Headlines

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