GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bitterroot Resources Ltd (TSXV:BTT) » Definitions » Days Payable

Bitterroot Resources (TSXV:BTT) Days Payable : 0.00 (As of Jan. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Bitterroot Resources Days Payable?

Bitterroot Resources's average Accounts Payable for the three months ended in Jan. 2024 was C$0.11 Mil. Bitterroot Resources's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.00 Mil.

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

TSXV:BTT' s Days Payable Range Over the Past 10 Years
Min: 1642.5   Med: 1997.36   Max: 5353.33
Current: 2234.92

During the past 13 years, Bitterroot Resources's highest Days Payable was 5353.33. The lowest was 1642.50. And the median was 1997.36.

TSXV:BTT's Days Payable is ranked better than
74.34% of 1068 companies
in the Metals & Mining industry
Industry Median: 131.36 vs TSXV:BTT: 2234.92

Bitterroot Resources's Days Payable declined from Jan. 2023 (1,076.75) to Jan. 2024 (0.00). It may suggest that Bitterroot Resources accelerated paying its suppliers.


Bitterroot Resources Days Payable Historical Data

The historical data trend for Bitterroot Resources'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.

Bitterroot Resources Days Payable Chart

Bitterroot Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,997.36 2,717.22 1,642.50 1,889.41

Bitterroot Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,076.75 1,076.75 1,095.00 2,920.00 -

Competitive Comparison of Bitterroot Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Bitterroot Resources'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.


Bitterroot Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bitterroot Resources's Days Payable falls into.



Bitterroot Resources 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.

Bitterroot Resources's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0.052 + 0.124) / 2 ) / 0.017*365
=0.088 / 0.017*365
=1,889.41

Bitterroot Resources's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.124 + 0.088) / 2 ) / 0*365 / 4
=0.106 / 0*365 / 4
=N/A

* 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.


Bitterroot Resources Days Payable Related Terms

Thank you for viewing the detailed overview of Bitterroot Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Bitterroot Resources (TSXV:BTT) Business Description

Traded in Other Exchanges
Address
1571 Bellevue Avenue, Suite 206-B, West Vancouver, Vancouver, BC, CAN, V7V 1A6
Bitterroot Resources Ltd is a Canada-based company. It is involved in the acquisition, exploration and, development of exploration and evaluation assets including industrial metals and minerals. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of Coyote Sinter Property; Castle West Project; LM Property and Others.

Bitterroot Resources (TSXV:BTT) Headlines