OceanaGold (OceanaGold) Days Payable

: 84.71 (As of Dec. 2023)

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OceanaGold's average Accounts Payable for the three months ended in Dec. 2023 was $202 Mil. OceanaGold's Cost of Goods Sold for the three months ended in Dec. 2023 was $218 Mil. Hence, OceanaGold's Days Payable for the three months ended in Dec. 2023 was 84.71.

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

OCANF' s Days Payable Range Over the Past 10 Years
Min: 50.09 Med: 89.79 Max: 108.64
Current: 92.85

During the past 13 years, OceanaGold's highest Days Payable was 108.64. The lowest was 50.09. And the median was 89.79.

OCANF's Days Payable is ranked worse than
55.77% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs OCANF: 92.85

OceanaGold's Days Payable increased from Dec. 2022 (78.00) to Dec. 2023 (84.71). It may suggest that OceanaGold delayed paying its suppliers.

OceanaGold Days Payable Historical Data

The historical data trend for OceanaGold'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.

OceanaGold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.46

101.48

97.27

81.99

97.07

OceanaGold 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															78.00	99.17	86.67	98.27	84.71

Competitive Comparison

For the Gold subindustry, OceanaGold'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.

OceanaGold Days Payable Distribution

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

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

OceanaGold 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.

OceanaGold'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
=	( (174.7	+	212.3)	/	2 )	/	727.6	*	365
=	193.5					/	727.6	*	365
=	97.07

OceanaGold'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
=	( (191.9	+	212.3)	/	2 )	/	217.7	*	365 / 4
=	202.1					/	217.7	*	365 / 4
=	84.71

OceanaGold Days Payable Related Terms

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OceanaGold (OceanaGold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » OceanaGold Corp (OTCPK:OCANF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RQQ:Germany OGC:Canada

Address

400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6

Website

https://www.oceanagold.com

OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.