Abcourt Mines (Abcourt Mines) Days Payable : 0.00 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

Abcourt Mines Days Payable Definition

Abcourt Mines's average Accounts Payable for the three months ended in Dec. 2023 was $2.53 Mil. Abcourt Mines's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

During the past 13 years, Abcourt Mines's highest Days Payable was 306.39. The lowest was 15.92. And the median was 30.83.

ABMBF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 128.84
* Ranked among companies with meaningful Days Payable only.

Abcourt Mines's Days Payable declined from Dec. 2022 (142.94) to Dec. 2023 (0.00). It may suggest that Abcourt Mines accelerated paying its suppliers.

Abcourt Mines Days Payable Historical Data

The historical data trend for Abcourt 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.

* Premium members only.

Abcourt Mines Days Payable Chart

Abcourt Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

19.83

29.45

52.67

73.37

312.49

Abcourt Mines 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															142.94	98.84	-	-	-

Competitive Comparison of Abcourt Mines's Days Payable

For the Gold subindustry, Abcourt 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.

Abcourt Mines Days Payable Distribution

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

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

Abcourt 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.

Abcourt Mines's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.901	+	2.556)	/	2 )	/	3.187	*	365
=	2.7285					/	3.187	*	365
=	312.49

Abcourt Mines'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
=	( (2.38	+	2.677)	/	2 )	/	0	*	365 / 4
=	2.5285					/	0	*	365 / 4
=	N/A

Abcourt Mines Days Payable Related Terms

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

Abcourt Mines (Abcourt Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Abcourt Mines Inc (OTCPK:ABMBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AML:Germany ABI:Canada

Address

475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1

Website

http://www.abcourt.com

Abcourt Mines Inc is a gold producer and Canadian exploration company. It is engaged in the acquisition, exploration, evaluation, and exploitation of mining properties. The company's operating segment include Mining site in production; Prospection and development and Corporate. It generates maximum revenue from the Mining site in production segment.

Abcourt Mines (Abcourt Mines) Headlines

From GuruFocus

Abcourt files the Mineral Resource Update Technical Report for the Sleeping Giant Mine

By GlobeNewswire GlobeNewswire • 01-25-2023

Abcourt Announces its Results for the Fourth Quarter and the Year ended June 30, 2023

By GlobeNewswire • 11-24-2023