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Sirios Resources (FRA:377A) Days Payable : 2,600.63 (As of Dec. 2023)


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What is Sirios Resources Days Payable?

Sirios Resources's average Accounts Payable for the three months ended in Dec. 2023 was €0.17 Mil. Sirios Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.01 Mil. Hence, Sirios Resources's Days Payable for the three months ended in Dec. 2023 was 2,600.63.

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

FRA:377A' s Days Payable Range Over the Past 10 Years
Min: 3031.73   Med: 9295.33   Max: 136510
Current: 4922.94

During the past 13 years, Sirios Resources's highest Days Payable was 136510.00. The lowest was 3031.73. And the median was 9295.33.

FRA:377A's Days Payable is ranked better than
82.24% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs FRA:377A: 4922.94

Sirios Resources's Days Payable declined from Dec. 2022 (8,121.25) to Dec. 2023 (2,600.63). It may suggest that Sirios Resources accelerated paying its suppliers.


Sirios Resources Days Payable Historical Data

The historical data trend for Sirios Resources'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.

Sirios Resources Days Payable Chart

Sirios Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,761.79 6,144.17 78,110.00 96,360.00 38,051.25

Sirios Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,121.25 - 14,371.88 3,946.56 2,600.63

Competitive Comparison of Sirios Resources's Days Payable

For the Gold subindustry, Sirios Resources'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.


Sirios Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sirios Resources's Days Payable falls into.



Sirios Resources 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.

Sirios Resources's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.243 + 0.174) / 2 ) / 0.002*365
=0.2085 / 0.002*365
=38,051.25

Sirios Resources'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
=( (0.172 + 0.17) / 2 ) / 0.006*365 / 4
=0.171 / 0.006*365 / 4
=2,600.63

* 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.


Sirios Resources Days Payable Related Terms

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Sirios Resources (FRA:377A) Business Description

Traded in Other Exchanges
Address
1400 Marie-Victorin,, Bureau 210, Saint-Bruno-De-Montarville, QC, CAN, J3V 6B9
Sirios Resources Inc is engaged in the exploration and evaluation of mineral resources. The company aims to discover world-class gold and lithium deposits in the Eeyou Istchee James Bay region, in Quebec, Canada. The company owns projects such as Cheechoo, Aquilon, Maskwa and Li-52. The firm's flagship project is the Cheechoo, a multi-million onces gold project.

Sirios Resources (FRA:377A) Headlines

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