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First Majestic Silver Corp (NYSE:AG)
Days Payable
65.39 (As of Dec. 2015)

First Majestic Silver Corp's payable for the three months ended in Dec. 2015 was $28.3 Mil. First Majestic Silver Corp's cost of goods sold for the three months ended in Dec. 2015 was $39.5 Mil. Hence, First Majestic Silver Corp's days payable for the three months ended in Dec. 2015 was 65.39.

AG' s Days Payable Range Over the Past 10 Years
Min: 35.59   Max: 431.7
Current: 80.16

35.59
431.7

During the past 13 years, First Majestic Silver Corp's highest Days Payable was 431.70. The lowest was 35.59. And the median was 80.62.

AG's Days Payable is ranked higher than
74% of the 500 Companies
in the Global Silver industry.

( Industry Median: 43.90 vs. AG: 80.16 )

First Majestic Silver Corp's days payable increased from Dec. 2014 (52.77) to Dec. 2015 (65.39). It may suggest that First Majestic Silver Corp delayed 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25.948/154.843*365
=61.17

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=28.291/39.479*365 / 4
=65.39

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

First Majestic Silver Corp Annual Data

Jun06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 431.70118.100.000.0045.6835.5995.3265.9261.1776.11

First Majestic Silver Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 32.2360.6354.2233.4658.4552.770.0058.7875.1565.39
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