Whitemud Resources (Whitemud Resources) Days Payable : 3,081.21 (As of Mar. 2024)

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What is Whitemud Resources Days Payable?

Whitemud Resources's average Accounts Payable for the three months ended in Mar. 2024 was $0.51 Mil. Whitemud Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.02 Mil. Hence, Whitemud Resources's Days Payable for the three months ended in Mar. 2024 was 3,081.21.

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

WHTEF' s Days Payable Range Over the Past 10 Years
Min: 73.66 Med: 1008.16 Max: 49157.68
Current: 2258.34

During the past 13 years, Whitemud Resources's highest Days Payable was 49157.68. The lowest was 73.66. And the median was 1008.16.

WHTEF's Days Payable is ranked better than
74.77% of 1066 companies
in the Metals & Mining industry
Industry Median: 137.515 vs WHTEF: 2258.34

Whitemud Resources's Days Payable increased from Mar. 2023 (2,022.71) to Mar. 2024 (3,081.21). It may suggest that Whitemud Resources delayed paying its suppliers.

Whitemud Resources Days Payable Historical Data

The historical data trend for Whitemud 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.

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Whitemud Resources Days Payable Chart

Whitemud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5,016.56

21,486.33

48,860.23

470.42

3,217.21

Whitemud Resources 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															2,022.71	4,577.71	3,029.50	1,156.59	3,081.21

Competitive Comparison of Whitemud Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Whitemud 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.

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

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

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

Whitemud 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.

Whitemud Resources'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
=	( (0.27	+	0.347)	/	2 )	/	0.035	*	365
=	0.3085					/	0.035	*	365
=	3,217.21

Whitemud Resources'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
=	( (0.347	+	0.666)	/	2 )	/	0.015	*	365 / 4
=	0.5065					/	0.015	*	365 / 4
=	3,081.21

Whitemud Resources Days Payable Related Terms

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Whitemud Resources (Whitemud Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Whitemud Resources Inc (OTCPK:WHTEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WMK:Canada

Address

205 - 5th Avenue SW, Suite 3900, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.whitemudresources.com

Whitemud Resources Inc operates in two segments, namely Metakaolin, which includes mining, processing, and marketing kaolin and metakaolin; and Commodities, which manages and marketing commodities. The majority of its revenue comes from the commodities segment.

Whitemud Resources (Whitemud Resources) Headlines

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