SilverCrest Metals (LTS:0VHI) Days Payable : 10.60 (As of Dec. 2023)

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What is SilverCrest Metals Days Payable?

SilverCrest Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$3.8 Mil. SilverCrest Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$32.7 Mil. Hence, SilverCrest Metals's Days Payable for the three months ended in Dec. 2023 was 10.60.

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

LTS:0VHI' s Days Payable Range Over the Past 10 Years
Min: 14.81 Med: 101.95 Max: 15873.35
Current: 14.81

During the past 9 years, SilverCrest Metals's highest Days Payable was 15873.35. The lowest was 14.81. And the median was 101.95.

LTS:0VHI's Days Payable is ranked worse than
94.84% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs LTS:0VHI: 14.81

SilverCrest Metals's Days Payable declined from Dec. 2022 (35.82) to Dec. 2023 (10.60). It may suggest that SilverCrest Metals accelerated paying its suppliers.

SilverCrest Metals Days Payable Historical Data

The historical data trend for SilverCrest Metals'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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SilverCrest Metals Days Payable Chart

SilverCrest Metals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15,873.35

101.95

16.25

SilverCrest Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															35.82	21.60	16.29	10.27	10.60

Competitive Comparison of SilverCrest Metals's Days Payable

For the Other Precious Metals & Mining subindustry, SilverCrest Metals'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.

SilverCrest Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where SilverCrest Metals's Days Payable falls into.

SilverCrest Metals 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.

SilverCrest Metals'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
=	( (7.624	+	3.942)	/	2 )	/	129.899	*	365
=	5.783					/	129.899	*	365
=	16.25

SilverCrest Metals's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.655	+	3.942)	/	2 )	/	32.699	*	365 / 4
=	3.7985					/	32.699	*	365 / 4
=	10.60

SilverCrest Metals Days Payable Related Terms

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SilverCrest Metals (LTS:0VHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Metals Inc (LTS:0VHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SILV:USA S0C:Germany SIL:Canada

Address

570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1

Website

https://www.silvercrestmetals.com

SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, and other projects.

SilverCrest Metals (LTS:0VHI) Headlines

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