West Red Lake Gold Mines (West Red Lake Gold Mines) Days Payable : 0.00 (As of Feb. 2024)

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What is West Red Lake Gold Mines Days Payable?

West Red Lake Gold Mines's average Accounts Payable for the three months ended in Feb. 2024 was $0.00 Mil. West Red Lake Gold Mines's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.24 Mil. Hence, West Red Lake Gold Mines's Days Payable for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for West Red Lake Gold Mines's Days Payable or its related term are showing as below:

WRLGF' s Days Payable Range Over the Past 10 Years
Min: 80.98 Med: 103.66 Max: 103.66
Current: 80.98

During the past 13 years, West Red Lake Gold Mines's highest Days Payable was 103.66. The lowest was 80.98. And the median was 103.66.

WRLGF's Days Payable is ranked worse than
59.83% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs WRLGF: 80.98

West Red Lake Gold Mines's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00). stayed the same

West Red Lake Gold Mines Days Payable Historical Data

The historical data trend for West Red Lake Gold Mines'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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West Red Lake Gold Mines Days Payable Chart

West Red Lake Gold Mines Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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106.29

West Red Lake Gold Mines Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of West Red Lake Gold Mines's Days Payable

For the Gold subindustry, West Red Lake Gold Mines'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.

West Red Lake Gold Mines's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's Days Payable distribution charts can be found below:

* The bar in red indicates where West Red Lake Gold Mines's Days Payable falls into.

West Red Lake Gold Mines 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.

West Red Lake Gold Mines's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (0.053	+	0)	/	1 )	/	0.182	*	365
=	0.053					/	0.182	*	365
=	106.29

West Red Lake Gold Mines's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.237	*	365 / 4
=	0					/	0.237	*	365 / 4
=	0.00

West Red Lake Gold Mines Days Payable Related Terms

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West Red Lake Gold Mines (West Red Lake Gold Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West Red Lake Gold Mines Ltd (OTCPK:WRLGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UJ0:Germany WRLG:Canada

Address

595 Burrard Street, Suite 3123, Toronto, ON, CAN, V7X 1J1

Website

https://www.westredlakegold.com

West Red Lake Gold Mines Ltd is engaged in the exploration and development of the West Red Lake Project located in the Red Lake Gold District of Northwestern Ontario, Canada.

West Red Lake Gold Mines (West Red Lake Gold Mines) Headlines

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