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Jaguar Mining (TSX:JAG) Days Payable : 46.99 (As of Mar. 2024)


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What is Jaguar Mining Days Payable?

Jaguar Mining's average Accounts Payable for the three months ended in Mar. 2024 was C$17.8 Mil. Jaguar Mining's Cost of Goods Sold for the three months ended in Mar. 2024 was C$34.5 Mil. Hence, Jaguar Mining's Days Payable for the three months ended in Mar. 2024 was 46.99.

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

TSX:JAG' s Days Payable Range Over the Past 10 Years
Min: 26.76   Med: 43.95   Max: 55.9
Current: 55.9

During the past 13 years, Jaguar Mining's highest Days Payable was 55.90. The lowest was 26.76. And the median was 43.95.

TSX:JAG's Days Payable is ranked worse than
72.08% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs TSX:JAG: 55.90

Jaguar Mining's Days Payable declined from Mar. 2023 (52.56) to Mar. 2024 (46.99). It may suggest that Jaguar Mining accelerated paying its suppliers.


Jaguar Mining Days Payable Historical Data

The historical data trend for Jaguar Mining'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.

Jaguar Mining Days Payable Chart

Jaguar Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.11 54.62 43.99 41.97 43.91

Jaguar Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.56 61.63 62.05 51.42 46.99

Competitive Comparison of Jaguar Mining's Days Payable

For the Gold subindustry, Jaguar Mining'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.


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

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

* The bar in red indicates where Jaguar Mining's Days Payable falls into.



Jaguar Mining 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.

Jaguar Mining'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
=( (19.317 + 14.268) / 2 ) / 139.584*365
=16.7925 / 139.584*365
=43.91

Jaguar Mining's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (14.268 + 21.25) / 2 ) / 34.484*365 / 4
=17.759 / 34.484*365 / 4
=46.99

* 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.


Jaguar Mining Days Payable Related Terms

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Jaguar Mining (TSX:JAG) Business Description

Traded in Other Exchanges
Address
100 King Street West, First Canadian Place, Suite 5600, 56th Floor, Toronto, ON, CAN, M5X 1C9
Jaguar Mining Inc is a junior gold mining company. The company is engaged in the acquisition, exploration, development, and operation of gold-producing properties in Brazil. Its principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Gold Mine Complex (Pilar and Roca Grande mines, and Caete Plant) which combined, produce more than 95,000 ounces of gold annually. The company also owns the Paciencia Gold Mine Complex.
Executives
Vernon Casey Baker Senior Officer
2176423 Ontario Ltd. 10% Security Holder
Eric S. Sprott 10% Security Holder