Atlas Consolidated Mining & Development (PHS:AT) Days Payable : 63.61 (As of Dec. 2023)

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What is Atlas Consolidated Mining & Development Days Payable?

Atlas Consolidated Mining & Development's average Accounts Payable for the three months ended in Dec. 2023 was ₱2,961 Mil. Atlas Consolidated Mining & Development's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱4,248 Mil. Hence, Atlas Consolidated Mining & Development's Days Payable for the three months ended in Dec. 2023 was 63.61.

The historical rank and industry rank for Atlas Consolidated Mining & Development's Days Payable or its related term are showing as below:

PHS:AT' s Days Payable Range Over the Past 10 Years
Min: 29.19 Med: 47.42 Max: 135.92
Current: 70.54

During the past 13 years, Atlas Consolidated Mining & Development's highest Days Payable was 135.92. The lowest was 29.19. And the median was 47.42.

PHS:AT's Days Payable is ranked worse than
63.8% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs PHS:AT: 70.54

Atlas Consolidated Mining & Development's Days Payable increased from Dec. 2022 (54.14) to Dec. 2023 (63.61). It may suggest that Atlas Consolidated Mining & Development delayed paying its suppliers.

Atlas Consolidated Mining & Development Days Payable Historical Data

The historical data trend for Atlas Consolidated Mining & Development'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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Atlas Consolidated Mining & Development Days Payable Chart

Atlas Consolidated Mining & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.19

35.45

36.75

38.81

55.36

Atlas Consolidated Mining & Development 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															54.14	68.47	81.89	85.22	63.61

Competitive Comparison of Atlas Consolidated Mining & Development's Days Payable

For the Copper subindustry, Atlas Consolidated Mining & Development'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.

Atlas Consolidated Mining & Development's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atlas Consolidated Mining & Development's Days Payable falls into.

Atlas Consolidated Mining & Development 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.

Atlas Consolidated Mining & Development'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
=	( (2239.994	+	2456.662)	/	2 )	/	15484.092	*	365
=	2348.328					/	15484.092	*	365
=	55.36

Atlas Consolidated Mining & Development'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
=	( (3465.215	+	2456.662)	/	2 )	/	4247.567	*	365 / 4
=	2960.9385					/	4247.567	*	365 / 4
=	63.61

Atlas Consolidated Mining & Development Days Payable Related Terms

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Atlas Consolidated Mining & Development (PHS:AT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Consolidated Mining & Development Corp (PHS:AT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Palm Coast Avenue Corner Pacific Drive, 5th Floor, Five E-Com Center, Mall of Asia Complex, Metro Manila, Pasay, RIZ, PHL, 1300

Website

https://www.atlasmining.com.ph

Atlas Consolidated Mining & Development Corp is engaged in metallic mineral mining and exploration and produces copper concentrate, magnetite iron ore concentrate, and others. The company operates in two segments Mining and Non-Mining. Its mining segment is engaged in exploration and mining operations and the non-mining segment is engaged in services, bulk water supply or acts as holding company. The company generates a majority of its revenue from the Mining Segment. It is also engaged in the development and commercial production of other marketable by-products such as pyrite, magnetite, and molybdenum.