Augusta Gold (TSX:G) Days Payable

: 10,697.54 (As of Dec. 2023)

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Augusta Gold's average Accounts Payable for the three months ended in Dec. 2023 was C$1.76 Mil. Augusta Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, Augusta Gold's Days Payable for the three months ended in Dec. 2023 was 10,697.54.

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

TSX:G' 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.

TSX:G's Days Payable is ranked better than
90.13% of 1064 companies
in the Metals & Mining industry
Industry Median: 128.935 vs TSX:G: 12607.43

Augusta Gold's Days Payable declined from Dec. 2022 (24,588.83) to Dec. 2023 (10,697.54). 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.

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Augusta Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

179,762.50

4,305.04

13,115.67

18,067.50

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																24,588.83	16,221.21	8,537.96	9,264.92	10,697.54

Competitive Comparison

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 Days Payable Distribution

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
=	( (3.948	+	1.893)	/	2 )	/	0.059	*	365
=	2.9205					/	0.059	*	365
=	18,067.50

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
=	( (1.624	+	1.893)	/	2 )	/	0.015	*	365 / 4
=	1.7585					/	0.015	*	365 / 4
=	10,697.54

Augusta Gold Days Payable Related Terms

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Augusta Gold (TSX:G) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AUGG:USA 7RZ:Germany

Address

999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1

Website

https://www.augustagold.com

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.