Starcore International Mines (Starcore International Mines) Days Payable : 36.31 (As of Jan. 2023)

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What is Starcore International Mines Days Payable?

Starcore International Mines's average Accounts Payable for the three months ended in Jan. 2023 was $1.99 Mil. Starcore International Mines's Cost of Goods Sold for the three months ended in Jan. 2023 was $5.00 Mil. Hence, Starcore International Mines's Days Payable for the three months ended in Jan. 2023 was 36.31.

The historical rank and industry rank for Starcore International Mines's Days Payable or its related term are showing as below:

SHVLF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.97
* Ranked among companies with meaningful Days Payable only.

Starcore International Mines's Days Payable declined from Jan. 2022 (49.08) to Jan. 2023 (36.31). It may suggest that Starcore International Mines accelerated paying its suppliers.

Starcore International Mines Days Payable Historical Data

The historical data trend for Starcore International Mines'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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Starcore International Mines Days Payable Chart

Starcore International Mines Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Days Payable

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53.24

46.89

48.04

39.23

48.03

Starcore International Mines Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Days Payable	Get a 7-Day Free Trial															49.08	46.01	47.47	54.00	36.31

Competitive Comparison of Starcore International Mines's Days Payable

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.

Starcore International Mines's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Days Payable falls into.

Starcore International Mines 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.

Starcore International Mines's Days Payable for the fiscal year that ended in Apr. 2022 is calculated as

	Days Payable (A: Apr. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2021 )	+	Accounts Payable (A: Apr. 2022 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2022 )	*	Days in Period
=	( (1.771	+	2.475)	/	2 )	/	16.133	*	365
=	2.123					/	16.133	*	365
=	48.03

Starcore International Mines's Days Payable for the quarter that ended in Jan. 2023 is calculated as:

	Days Payable (Q: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2022 )	+	Accounts Payable (Q: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2023 )	*	Days in Period
=	( (2.162	+	1.82)	/	2 )	/	5.003	*	365 / 4
=	1.991					/	5.003	*	365 / 4
=	36.31

Starcore International Mines Days Payable Related Terms

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Starcore International Mines (Starcore International Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starcore International Mines Ltd (OTCPK:SHVLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

V4JA:Germany SAM:Canada

Address

580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6

Website

https://www.starcore.com

Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines

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