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First Andes Silver (TSXV:FAS) Days Payable : 52,879.38 (As of Nov. 2023)


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What is First Andes Silver Days Payable?

First Andes Silver's average Accounts Payable for the three months ended in Nov. 2023 was C$0.58 Mil. First Andes Silver's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil. Hence, First Andes Silver's Days Payable for the three months ended in Nov. 2023 was 52,879.38.

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

TSXV:FAS' s Days Payable Range Over the Past 10 Years
Min: 21973   Med: 21973   Max: 42020.63
Current: 42020.63

During the past 2 years, First Andes Silver's highest Days Payable was 42020.63. The lowest was 21973.00. And the median was 21973.00.

TSXV:FAS's Days Payable is ranked better than
96.63% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs TSXV:FAS: 42020.63

First Andes Silver's Days Payable increased from Nov. 2022 (6,296.25) to Nov. 2023 (52,879.38). It may suggest that First Andes Silver delayed paying its suppliers.

First Andes Silver Days Payable Historical Data

The historical data trend for First Andes 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.

* Premium members only.

First Andes Silver Days Payable Chart

First Andes Silver Annual Data
Trend Feb22 Feb23
Days Payable
- 21,973.00

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6,296.25 25,185.00 31,161.88 40,834.38 52,879.38

Competitive Comparison of First Andes Silver's Days Payable

For the Other Precious Metals & Mining subindustry, First Andes 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.

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

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

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


First Andes 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.

First Andes Silver's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (0.326 + 0.276) / 2 ) / 0.005*365
=0.301 / 0.005*365
=21,973.00

First Andes Silver's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0.488 + 0.671) / 2 ) / 0.001*365 / 4
=0.5795 / 0.001*365 / 4
=52,879.38

* 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.

First Andes Silver Days Payable Related Terms

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First Andes Silver (TSXV:FAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Andes Silver Ltd (TSXV:FAS) » Definitions » Days Payable
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Traded in Other Exchanges
MSLVD:USA 9TZ:Germany
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Website
https://www.mantaropreciousmetals.com
Mantaro Precious Metals Corp holds a diversified portfolio of gold and silver-focused mineral properties in Bolivia and Peru. The company holds an option to acquire up to an 80% interest in the advanced Golden Hill Property (Golden Hill), located in the underexplored, orogenic Bolivia Shield, Bolivia. It also holds 100% interest in high-grade Santas Gloria Silver Property as well as a 100% interest in the San Jose, La Purisima, Cerro Luque and Huaranay Properties (Silver Properties) located in Peru.