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Power Nickel (Power Nickel) Days Payable : 148,372.50 (As of Sep. 2023)


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What is Power Nickel Days Payable?

Power Nickel's average Accounts Payable for the three months ended in Sep. 2023 was $1.63 Mil. Power Nickel's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Hence, Power Nickel's Days Payable for the three months ended in Sep. 2023 was 148,372.50.

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

PNPNF' s Days Payable Range Over the Past 10 Years
Min: 67646.67   Med: 131095.84   Max: 218817.5
Current: 210179.17

During the past 13 years, Power Nickel's highest Days Payable was 218817.50. The lowest was 67646.67. And the median was 131095.84.

PNPNF's Days Payable is ranked better than
99.15% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs PNPNF: 210179.17

Power Nickel's Days Payable increased from Jun. 2022 (70,901.25) to Sep. 2023 (148,372.50). It may suggest that Power Nickel delayed paying its suppliers.


Power Nickel Days Payable Historical Data

The historical data trend for Power Nickel'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.

Power Nickel Days Payable Chart

Power Nickel Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 325,580.00 175,930.00 174,287.50 63,400.50 112,115.83

Power Nickel Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 70,901.25 73,319.38 84,269.38 114,518.75 148,372.50

Competitive Comparison of Power Nickel's Days Payable

For the Other Industrial Metals & Mining subindustry, Power Nickel'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.


Power Nickel's Days Payable Distribution in the Metals & Mining Industry

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

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



Power Nickel 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.

Power Nickel's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.863 + 0.98) / 2 ) / 0.003*365
=0.9215 / 0.003*365
=112,115.83

Power Nickel's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.53 + 1.722) / 2 ) / 0.001*365 / 4
=1.626 / 0.001*365 / 4
=148,372.50

* 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.


Power Nickel Days Payable Related Terms

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Power Nickel (Power Nickel) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1
Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Tierra de Oro, Zulema and Lynn, Parrsboro, and Bass River Properties, among others. It operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Chile.