Cartier Silver (XCNQ:CFE) Days Payable : 3,687.33 (As of Dec. 2023)

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What is Cartier Silver Days Payable?

Cartier Silver's average Accounts Payable for the three months ended in Dec. 2023 was C$0.44 Mil. Cartier Silver's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Cartier Silver's Days Payable for the three months ended in Dec. 2023 was 3,687.33.

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

XCNQ:CFE' s Days Payable Range Over the Past 10 Years
Min: 5392.44 Med: 6723.47 Max: 11248.64
Current: 5992.64

During the past 13 years, Cartier Silver's highest Days Payable was 11248.64. The lowest was 5392.44. And the median was 6723.47.

XCNQ:CFE's Days Payable is ranked better than
84.08% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs XCNQ:CFE: 5992.64

Cartier Silver's Days Payable declined from Dec. 2022 (10,381.76) to Dec. 2023 (3,687.33). It may suggest that Cartier Silver accelerated paying its suppliers.

Cartier Silver Days Payable Historical Data

The historical data trend for Cartier Silver'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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Cartier Silver Days Payable Chart

Cartier Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5,392.44

5,835.65

9,403.10

11,248.64

6,723.47

Cartier Silver 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															10,381.76	8,411.59	6,395.80	4,745.00	3,687.33

Competitive Comparison of Cartier Silver's Days Payable

For the Other Precious Metals & Mining subindustry, Cartier Silver'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.

Cartier Silver's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cartier Silver's Days Payable falls into.

Cartier Silver 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.

Cartier Silver'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
=	( (1.181	+	0.44)	/	2 )	/	0.044	*	365
=	0.8105					/	0.044	*	365
=	6,723.47

Cartier Silver'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
=	( (0.449	+	0.44)	/	2 )	/	0.011	*	365 / 4
=	0.4445					/	0.011	*	365 / 4
=	3,687.33

Cartier Silver Days Payable Related Terms

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

Cartier Silver (XCNQ:CFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cartier Silver Corp (XCNQ:CFE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRTIF:USA 2CI0:Germany

Address

20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6

Website

https://www.cartieriron.com

Cartier Silver Corp is an exploration-stage company. It is in the exploration and development of iron ore properties in Quebec and gold properties in Newfoundland. The company holds an interest in Gagnon and Big Easy properties.

Executives

Thomas Larsen

Director, Senior Officer

Cartier Silver (XCNQ:CFE) Headlines

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