DLP Resources (TSXV:DLP) Days Payable : 6,880.25 (As of Jan. 2024)

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What is DLP Resources Days Payable?

DLP Resources's average Accounts Payable for the three months ended in Jan. 2024 was C$0.38 Mil. DLP Resources's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.01 Mil. Hence, DLP Resources's Days Payable for the three months ended in Jan. 2024 was 6,880.25.

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

TSXV:DLP' s Days Payable Range Over the Past 10 Years
Min: 15232.23 Med: 26158.34 Max: 37047.5
Current: 15232.23

During the past 3 years, DLP Resources's highest Days Payable was 37047.50. The lowest was 15232.23. And the median was 26158.34.

TSXV:DLP's Days Payable is ranked better than
91.01% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs TSXV:DLP: 15232.23

DLP Resources's Days Payable declined from Oct. 2022 (12,607.71) to Jan. 2024 (6,880.25). It may suggest that DLP Resources accelerated paying its suppliers.

DLP Resources Days Payable Historical Data

The historical data trend for DLP 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.

DLP Resources Days Payable Chart

DLP Resources Annual Data

Trend

Apr20

Apr21

Apr22

Days Payable

37,047.50

15,269.17

DLP Resources Quarterly Data
	Jan20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial									12,607.71	14,204.58	18,056.09	16,707.88	6,880.25

Competitive Comparison of DLP Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, DLP 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.

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

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

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

DLP 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.

DLP Resources's Days Payable for the fiscal year that ended in Apr. 2022 is calculated as

	Days Payable (A: Apr. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2021 )	+	Accounts Payable (A: Apr. 2022 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2022 )	*	Days in Period
=	( (0.176	+	0.075)	/	2 )	/	0.003	*	365
=	0.1255					/	0.003	*	365
=	15,269.17

DLP 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
=	( (0.551	+	0.203)	/	2 )	/	0.005	*	365 / 4
=	0.377					/	0.005	*	365 / 4
=	6,880.25

DLP Resources Days Payable Related Terms

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DLP Resources (TSXV:DLP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DLP Resources Inc (TSXV:DLP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DLPRF:USA

Address

135 - 10th Avenue S., Suite 201, Cranbrook, BC, CAN, V1C 2N1

Website

https://www.dlpresourcesinc.com

DLP Resources Inc is an operator of a mineral exploration company intended to focus on exploring base metals, cobalt, and minerals in Southeastern British Columbia. The company's mineral portfolio in Southeastern British Columbia consists of Aldridge 1, Aldridge 2, Redburn, Hungry Creek, DD, Moby Dick, and NZOU, and in Peru consists of Aurora and Esperanza, planned to design, implement and manage cost-effective and successful exploration programs.

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