GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Augusta Gold Corp (OTCPK:AUGG) » Definitions » Days Payable

Augusta Gold (Augusta Gold) Days Payable : 10,829.72 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Augusta Gold Days Payable?

Augusta Gold's average Accounts Payable for the three months ended in Dec. 2023 was $1.31 Mil. Augusta Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Augusta Gold's Days Payable for the three months ended in Dec. 2023 was 10,829.72.

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

AUGG' s Days Payable Range Over the Past 10 Years
Min: 4276.31   Med: 15568.5   Max: 140160
Current: 12607.43

During the past 13 years, Augusta Gold's highest Days Payable was 140160.00. The lowest was 4276.31. And the median was 15568.50.

AUGG's Days Payable is ranked better than
90.35% of 1067 companies
in the Metals & Mining industry
Industry Median: 129.97 vs AUGG: 12607.43

Augusta Gold's Days Payable declined from Dec. 2022 (24,915.40) to Dec. 2023 (10,829.72). It may suggest that Augusta Gold accelerated paying its suppliers.


Augusta Gold Days Payable Historical Data

The historical data trend for Augusta Gold'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.

Augusta Gold Days Payable Chart

Augusta Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 140,160.00 4,276.31 13,231.25 17,905.74

Augusta Gold 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,915.40 16,250.80 8,635.57 9,415.34 10,829.72

Competitive Comparison of Augusta Gold's Days Payable

For the Gold subindustry, Augusta Gold'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.


Augusta Gold's Days Payable Distribution in the Metals & Mining Industry

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

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



Augusta Gold 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.

Augusta Gold'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
=( (2.906 + 1.411) / 2 ) / 0.044*365
=2.1585 / 0.044*365
=17,905.74

Augusta Gold'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
=( (1.2 + 1.411) / 2 ) / 0.011*365 / 4
=1.3055 / 0.011*365 / 4
=10,829.72

* 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.


Augusta Gold Days Payable Related Terms

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


Augusta Gold (Augusta Gold) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1
Augusta Gold Corp is an exploration-stage company. The company is primarily engaged in the acquisition and exploration of gold properties. It operates Bullfrog Project, located in Beatty town of Las Vegas, Nevada.
Executives
Augusta Investments Inc. 10 percent owner SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Daniel Earle director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Thomas A. Ladner officer: VP, Legal C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Richard W Warke director, 10 percent owner, officer: Executive Chairman SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
James Robert Wickens officer: Vice President, Operations C/O AUGUSTA GOLD CORP., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Lynette Gould officer: Sr. VP, Inv Rel & Corp Dev C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Scott Burkett officer: VP, Exploration C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Johnny Pappas officer: VP, Environmental & Permitting C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Michael Mcclelland officer: Chief Financial Officer C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Maryse Belanger director, officer: President C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Poonam Puri director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Lenard F. Boggio director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Purni Parikh officer: SR VP, Corp Affairs & Secr C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
John A. Boehner director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
William Robert Morgan officer: VP, Capital Projects C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1

Augusta Gold (Augusta Gold) Headlines

From GuruFocus

AUGUSTA GOLD COMMENTS ON TRADING ACTIVITY

By PRNewswire PRNewswire 01-30-2023

Augusta Gold Appoints Jim Wickens as VP Operations

By PRNewswire PRNewswire 07-01-2022

AUGUSTA GOLD ANNOUNCES REWARD MINERAL RESOURCE ESTIMATE

By PRNewswire PRNewswire 06-17-2022

Augusta Gold Grants Stock Options

By PRNewswire PRNewswire 02-23-2021

Augusta Gold Appoints Jim Wickens as VP Operations

By PRNewswire PRNewswire 06-01-2022

AUGUSTA GOLD ANNOUNCES REWARD MINERAL RESOURCE ESTIMATE

By PRNewswire PRNewswire 07-07-2022