Aura Minerals (Aura Minerals) Days Payable : 56.06 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Aura Minerals Days Payable?

Aura Minerals's average Accounts Payable for the three months ended in Dec. 2023 was $51.7 Mil. Aura Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was $84.2 Mil. Hence, Aura Minerals's Days Payable for the three months ended in Dec. 2023 was 56.06.

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

ORAAF' s Days Payable Range Over the Past 10 Years
Min: 28.85 Med: 61.44 Max: 75.83
Current: 58.77

During the past 13 years, Aura Minerals's highest Days Payable was 75.83. The lowest was 28.85. And the median was 61.44.

ORAAF's Days Payable is ranked worse than
69.38% of 1068 companies
in the Metals & Mining industry
Industry Median: 130.44 vs ORAAF: 58.77

Aura Minerals's Days Payable increased from Dec. 2022 (49.19) to Dec. 2023 (56.06). It may suggest that Aura Minerals delayed paying its suppliers.

Aura Minerals Days Payable Historical Data

The historical data trend for Aura Minerals'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.

Aura Minerals Days Payable Chart

Aura Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.82

74.83

60.39

59.12

65.42

Aura Minerals 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															49.19	63.48	63.91	48.31	56.06

Competitive Comparison of Aura Minerals's Days Payable

For the Gold subindustry, Aura Minerals'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.

Aura Minerals's Days Payable Distribution in the Metals & Mining Industry

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

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

Aura Minerals 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.

Aura Minerals'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
=	( (46.863	+	57.402)	/	2 )	/	290.877	*	365
=	52.1325					/	290.877	*	365
=	65.42

Aura Minerals'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
=	( (46.035	+	57.402)	/	2 )	/	84.186	*	365 / 4
=	51.7185					/	84.186	*	365 / 4
=	56.06

Aura Minerals Days Payable Related Terms

Thank you for viewing the detailed overview of Aura Minerals's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Aura Minerals (Aura Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aura Minerals Inc (OTCPK:ORAAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A531:Germany ORA:Canada AURA33:Brazil

Address

255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134

Website

https://www.auraminerals.com

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.