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GuruFocus has detected 3 Warning Signs with First Majestic Silver Corp $AG.
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First Majestic Silver Corp (NYSE:AG)
Days Payable
0.00 (As of Sep. 2016)

First Majestic Silver Corp's payable for the three months ended in Sep. 2016 was $0.0 Mil. First Majestic Silver Corp's cost of goods sold for the three months ended in Sep. 2016 was $38.4 Mil. Hence, First Majestic Silver Corp's days payable for the three months ended in Sep. 2016 was 0.00.

During the past 13 years, First Majestic Silver Corp's highest Days Payable was 95.32. The lowest was 0.00. And the median was 63.55.

First Majestic Silver Corp's days payable declined from Sep. 2015 (75.15) to Sep. 2016 (0.00). It may suggest that First Majestic Silver Corp accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

First Majestic Silver Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=28.291/135.674*365
=76.11

First Majestic Silver Corp's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/38.421*365 / 4
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

First Majestic Silver Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.000.000.0045.6835.5995.3265.9261.1776.110.00

First Majestic Silver Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 58.4552.770.0058.7875.1565.3964.4343.010.000.00
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