Discovery Silver (TSX:DSV) Days Payable : 1,027.06 (As of Dec. 2023)

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What is Discovery Silver Days Payable?

Discovery Silver's average Accounts Payable for the three months ended in Dec. 2023 was C$3.08 Mil. Discovery Silver's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.27 Mil. Hence, Discovery Silver's Days Payable for the three months ended in Dec. 2023 was 1,027.06.

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

TSX:DSV' s Days Payable Range Over the Past 10 Years
Min: 884.66 Med: 1215.93 Max: 3119.09
Current: 1856.29

During the past 13 years, Discovery Silver's highest Days Payable was 3119.09. The lowest was 884.66. And the median was 1215.93.

TSX:DSV's Days Payable is ranked better than
72% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:DSV: 1856.29

Discovery Silver's Days Payable declined from Dec. 2022 (8,169.56) to Dec. 2023 (1,027.06). It may suggest that Discovery Silver accelerated paying its suppliers.

Discovery Silver Days Payable Historical Data

The historical data trend for Discovery Silver'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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Discovery Silver Days Payable Chart

Discovery Silver Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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884.66

917.62

1,487.77

3,119.09

1,670.65

Discovery Silver 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															8,169.56	2,860.22	3,824.90	6,899.68	1,027.06

Competitive Comparison of Discovery Silver's Days Payable

For the Silver subindustry, Discovery Silver'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.

Discovery Silver's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Discovery Silver's Days Payable falls into.

Discovery Silver 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.

Discovery Silver'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
=	( (0.573	+	2.75)	/	2 )	/	0.363	*	365
=	1.6615					/	0.363	*	365
=	1,670.65

Discovery Silver'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
=	( (3.418	+	2.75)	/	2 )	/	0.274	*	365 / 4
=	3.084					/	0.274	*	365 / 4
=	1,027.06

Discovery Silver Days Payable Related Terms

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Discovery Silver (TSX:DSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Silver Corp (TSX:DSV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DSVSF:USA 1CU0:Germany

Address

55 University Avenue, Suite 701, Toronto, ON, CAN, M5J 2H7

Website

https://www.discoverysilver.com

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scalability. The project is located in a prolific mining belt in Chihuahua State, Mexico. It has one segment, which is involved in the exploration and development of polymetallic mineral deposits.

Executives

Gernot Wober

Senior Officer

Discovery Silver (TSX:DSV) Headlines

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