Orea Mining (TSX:OREA) Days Payable : 14,171.13 (As of Jun. 2023)

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What is Orea Mining Days Payable?

Orea Mining's average Accounts Payable for the three months ended in Jun. 2023 was C$0.78 Mil. Orea Mining's Cost of Goods Sold for the three months ended in Jun. 2023 was C$0.01 Mil. Hence, Orea Mining's Days Payable for the three months ended in Jun. 2023 was 14,171.13.

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

TSX:OREA' s Days Payable Range Over the Past 10 Years
Min: 1147.42 Med: 2795.52 Max: 14222.83
Current: 14222.83

During the past 13 years, Orea Mining's highest Days Payable was 14222.83. The lowest was 1147.42. And the median was 2795.52.

TSX:OREA's Days Payable is ranked better than
90.2% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs TSX:OREA: 14222.83

Orea Mining's Days Payable increased from Jun. 2022 (1,107.08) to Jun. 2023 (14,171.13). It may suggest that Orea Mining delayed paying its suppliers.

Orea Mining Days Payable Historical Data

The historical data trend for Orea 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.

Orea Mining Days Payable Chart

Orea Mining Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

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4,094.84

2,937.38

1,728.95

1,147.42

2,219.71

Orea Mining Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															1,107.08	-	3,098.35	13,742.25	14,171.13

Competitive Comparison of Orea Mining's Days Payable

For the Gold subindustry, Orea 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.

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

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

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

Orea 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.

Orea Mining's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (0.359	+	0.687)	/	2 )	/	0.086	*	365
=	0.523					/	0.086	*	365
=	2,219.71

Orea Mining's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.699	+	0.854)	/	2 )	/	0.005	*	365 / 4
=	0.7765					/	0.005	*	365 / 4
=	14,171.13

Orea Mining Days Payable Related Terms

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Orea Mining (TSX:OREA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orea Mining Corp (TSX:OREA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OREAF:USA 3CG:Germany

Address

1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9

Website

https://www.oreamining.com

Orea Mining Corp is a gold exploration and development company. The company's principal business activities are the exploration and development of resource properties which are located in French Guiana, France. It operates two projects namely the Maripa project and Montagne d'Or Gold deposit.

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