Genesis Metals (Genesis Metals) Days Payable : 9,398.75 (As of Dec. 2021)

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What is Genesis Metals Days Payable?

Genesis Metals's average Accounts Payable for the three months ended in Dec. 2021 was $0.10 Mil. Genesis Metals's Cost of Goods Sold for the three months ended in Dec. 2021 was $0.00 Mil. Hence, Genesis Metals's Days Payable for the three months ended in Dec. 2021 was 9,398.75.

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

GGISF' s Days Payable Range Over the Past 10 Years
Min: 4325.25 Med: 11914.65 Max: 19025.63
Current: 15421.25

During the past 11 years, Genesis Metals's highest Days Payable was 19025.63. The lowest was 4325.25. And the median was 11914.65.

GGISF's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 135.555 vs GGISF: 15421.25

Genesis Metals's Days Payable declined from Dec. 2020 (10,995.63) to Dec. 2021 (9,398.75). It may suggest that Genesis Metals accelerated paying its suppliers.

Genesis Metals Days Payable Historical Data

The historical data trend for Genesis Metals'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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Genesis Metals Days Payable Chart

Genesis Metals Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Days Payable

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4,106.25

9,380.50

13,778.75

19,405.83

Genesis Metals Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															10,995.63	11,862.50	18,797.50	17,839.38	9,398.75

Competitive Comparison of Genesis Metals's Days Payable

For the Gold subindustry, Genesis Metals'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.

Genesis Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Genesis Metals's Days Payable falls into.

Genesis Metals 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.

Genesis Metals's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

	Days Payable (A: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2020 )	+	Accounts Payable (A: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2021 )	*	Days in Period
=	( (0.115	+	0.204)	/	2 )	/	0.003	*	365
=	0.1595					/	0.003	*	365
=	19,405.83

Genesis Metals's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (0.183	+	0.023)	/	2 )	/	0.001	*	365 / 4
=	0.103					/	0.001	*	365 / 4
=	9,398.75

Genesis Metals Days Payable Related Terms

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Genesis Metals (Genesis Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genesis Metals Corp (OTCPK:GGISF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

http://www.genesismetalscorp.com

Genesis Metals Corp is engaged in the acquisition and exploration of mineral property interests in Canada. The company is focused on the Chevrier Gold Project in the southwest of Chibougamau, Quebec. The Chevrier Gold Property covers 15 kilometers of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several industry players, including the high-grade Monster Lake Gold Discovery which is being explored by Toma Gold and IAMGOLD. Genesis Metals holds a 100% interest in the October Gold Property located in the Southern Swayze greenstone belt in Benton Township, Ontario.

Genesis Metals (Genesis Metals) Headlines

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