Hudbay Minerals (Hudbay Minerals) Days Payable : 34.08 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Hudbay Minerals's average Accounts Payable for the three months ended in Dec. 2023 was $151 Mil. Hudbay Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was $405 Mil. Hence, Hudbay Minerals's Days Payable for the three months ended in Dec. 2023 was 34.08.

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

HBM' s Days Payable Range Over the Past 10 Years
Min: 21.46 Med: 26.74 Max: 47.72
Current: 45.99

During the past 13 years, Hudbay Minerals's highest Days Payable was 47.72. The lowest was 21.46. And the median was 26.74.

HBM's Days Payable is ranked worse than
75.31% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs HBM: 45.99

Hudbay Minerals's Days Payable declined from Dec. 2022 (53.57) to Dec. 2023 (34.08). It may suggest that Hudbay Minerals accelerated paying its suppliers.

Hudbay Minerals Days Payable Historical Data

The historical data trend for Hudbay 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.

* Premium members only.

Hudbay Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

21.87

30.03

25.14

25.90

21.53

Hudbay 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															53.57	56.83	67.67	56.30	34.08

Competitive Comparison

For the Copper subindustry, Hudbay 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.

Hudbay Minerals Days Payable Distribution

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

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

Hudbay 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.

Hudbay Minerals'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
=	( (83.824	+	69.257)	/	2 )	/	1297.469	*	365
=	76.5405					/	1297.469	*	365
=	21.53

Hudbay 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
=	( (233.568	+	69.257)	/	2 )	/	405.433	*	365 / 4
=	151.4125					/	405.433	*	365 / 4
=	34.08

Hudbay Minerals Days Payable Related Terms

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

Hudbay Minerals (Hudbay Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hudbay Minerals Inc (NYSE:HBM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HBM:Peru OCKA:Germany OCKA:Germany HBM:Canada

Address

25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5

Website

http://www.hudbayminerals.com

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.