GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (OTCPK:FDCFF) » Definitions » Days Payable

Forum Energy Metals (Forum Energy Metals) Days Payable : 103.33 (As of Feb. 2024)


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

What is Forum Energy Metals Days Payable?

Forum Energy Metals's average Accounts Payable for the three months ended in Feb. 2024 was $0.19 Mil. Forum Energy Metals's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.17 Mil. Hence, Forum Energy Metals's Days Payable for the three months ended in Feb. 2024 was 103.33.

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

FDCFF' s Days Payable Range Over the Past 10 Years
Min: 25.78   Med: 274.48   Max: 41245
Current: 495.46

During the past 13 years, Forum Energy Metals's highest Days Payable was 41245.00. The lowest was 25.78. And the median was 274.48.

FDCFF's Days Payable is ranked worse than
58.12% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs FDCFF: 495.46

Forum Energy Metals's Days Payable increased from Feb. 2023 (17.80) to Feb. 2024 (103.33). It may suggest that Forum Energy Metals delayed paying its suppliers.

Forum Energy Metals Days Payable Historical Data

The historical data trend for Forum Energy Metals'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.

Forum Energy Metals Days Payable Chart

Forum Energy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.74 360.80 28.41 47,085.00 5,970.36

Forum Energy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 17.80 8,349.38 6,789.00 4,648.05 103.33

Competitive Comparison of Forum Energy Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Forum Energy Metals'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.

Forum Energy Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Forum Energy Metals's Days Payable falls into.


Forum Energy Metals 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.

Forum Energy Metals's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

Days Payable (A: Nov. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2022 ) + Accounts Payable (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0.326 + 0.132) / 2 ) / 0.014*365
=0.229 / 0.014*365
=5,970.36

Forum Energy Metals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.132 + 0.253) / 2 ) / 0.17*365 / 4
=0.1925 / 0.17*365 / 4
=103.33

* 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.

Forum Energy Metals Days Payable Related Terms

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

Forum Energy Metals (Forum Energy Metals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (OTCPK:FDCFF) » Definitions » Days Payable
Comparable Companies
TSXV:EMN TSXV:INTR TSXV:ELBM TSXV:LIT TSX:TSK TSXV:CDB XCNQ:AMPS XCNQ:CDPR TSXV:AGX TSXV:VLT ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB LSE:AAL MIC:GMKN
Traded in Other Exchanges
FMC:Canada
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Website
https://www.forumenergymetals.com
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.