World Copper (TSXV:WCU) Days Payable : 184,826.88 (As of Dec. 2023)

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What is World Copper Days Payable?

World Copper's average Accounts Payable for the three months ended in Dec. 2023 was C$2.03 Mil. World Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, World Copper's Days Payable for the three months ended in Dec. 2023 was 184,826.88.

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

TSXV:WCU' s Days Payable Range Over the Past 10 Years
Min: 124173 Med: 156986.5 Max: 228325.75
Current: 228325.75

During the past 5 years, World Copper's highest Days Payable was 228325.75. The lowest was 124173.00. And the median was 156986.50.

TSXV:WCU's Days Payable is ranked better than
99.25% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs TSXV:WCU: 228325.75

World Copper's Days Payable declined from Dec. 2022 (251,986.88) to Dec. 2023 (184,826.88). It may suggest that World Copper accelerated paying its suppliers.

World Copper Days Payable Historical Data

The historical data trend for World Copper'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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World Copper Days Payable Chart

World Copper Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

124,173.00

189,800.00

World Copper Quarterly Data
	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												251,986.88	277,217.50	251,120.00	191,214.38	184,826.88

Competitive Comparison of World Copper's Days Payable

For the Copper subindustry, World Copper'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.

World Copper's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where World Copper's Days Payable falls into.

World Copper 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.

World Copper'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
=	( (2.956	+	2.244)	/	2 )	/	0.005	*	365
=	2.6					/	0.005	*	365
=	189,800.00

World Copper'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
=	( (1.807	+	2.244)	/	2 )	/	0.001	*	365 / 4
=	2.0255					/	0.001	*	365 / 4
=	184,826.88

World Copper Days Payable Related Terms

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World Copper (TSXV:WCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » World Copper Ltd (TSXV:WCU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WCUFF:USA 7LY0:Germany

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.worldcopperltd.com

World Copper Ltd is a Canadian resource company focused on the exploration and development of its two primary copper porphyry projects, Escalones and Cristal, both located in Chile and it's copper oxide project, Zonia, located in Arizona. World Copper's Chilean assets include five copper porphyry targets, one with estimated resources, significant soluble copper mineralization, and exciting potential to expand the resource base. The Zonia project in Arizona is a project with a clear path to production and compelling economics.

Executives

Robert Charles Kopple

Director

World Copper (TSXV:WCU) Headlines

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