Sandstorm Gold (Sandstorm Gold) Days Payable : 55.20 (As of Dec. 2023)

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What is Sandstorm Gold Days Payable?

Sandstorm Gold's average Accounts Payable for the three months ended in Dec. 2023 was $14.6 Mil. Sandstorm Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was $24.1 Mil. Hence, Sandstorm Gold's Days Payable for the three months ended in Dec. 2023 was 55.20.

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

SAND' s Days Payable Range Over the Past 10 Years
Min: 12.98 Med: 28.88 Max: 57.22
Current: 57.22

During the past 13 years, Sandstorm Gold's highest Days Payable was 57.22. The lowest was 12.98. And the median was 28.88.

SAND's Days Payable is ranked worse than
70.05% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs SAND: 57.22

Sandstorm Gold's Days Payable increased from Dec. 2022 (35.71) to Dec. 2023 (55.20). It may suggest that Sandstorm Gold delayed paying its suppliers.

Sandstorm Gold Days Payable Historical Data

The historical data trend for Sandstorm Gold'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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Sandstorm Gold Days Payable Chart

Sandstorm Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.76

28.24

19.68

13.26

17.96

Sandstorm Gold 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															35.71	43.45	71.56	102.05	55.20

Competitive Comparison of Sandstorm Gold's Days Payable

For the Gold subindustry, Sandstorm Gold'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.

Sandstorm Gold's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sandstorm Gold's Days Payable falls into.

Sandstorm Gold 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.

Sandstorm Gold'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
=	( (3.808	+	5.741)	/	2 )	/	97.014	*	365
=	4.7745					/	97.014	*	365
=	17.96

Sandstorm Gold'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
=	( (23.458	+	5.741)	/	2 )	/	24.133	*	365 / 4
=	14.5995					/	24.133	*	365 / 4
=	55.20

Sandstorm Gold Days Payable Related Terms

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Sandstorm Gold (Sandstorm Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandstorm Gold Ltd (NYSE:SAND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AYS1:Germany SSL:Canada

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.sandstormgold.com

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.