Liberty Gold (TSX:LGD) Days Payable : 1,221.05 (As of Dec. 2023)

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What is Liberty Gold Days Payable?

Liberty Gold's average Accounts Payable for the three months ended in Dec. 2023 was C$0.79 Mil. Liberty Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.06 Mil. Hence, Liberty Gold's Days Payable for the three months ended in Dec. 2023 was 1,221.05.

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

TSX:LGD' s Days Payable Range Over the Past 10 Years
Min: 707.59 Med: 1232.32 Max: 4532.84
Current: 1411.89

During the past 13 years, Liberty Gold's highest Days Payable was 4532.84. The lowest was 707.59. And the median was 1232.32.

TSX:LGD's Days Payable is ranked better than
70.52% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TSX:LGD: 1411.89

Liberty Gold's Days Payable declined from Dec. 2022 (7,045.46) to Dec. 2023 (1,221.05). It may suggest that Liberty Gold accelerated paying its suppliers.

Liberty Gold Days Payable Historical Data

The historical data trend for Liberty 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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Liberty Gold Days Payable Chart

Liberty Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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707.59

975.45

1,604.00

1,214.01

1,067.83

Liberty 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															7,045.46	1,551.25	1,739.28	1,462.50	1,221.05

Competitive Comparison of Liberty Gold's Days Payable

For the Gold subindustry, Liberty 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.

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

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

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

Liberty 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.

Liberty 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
=	( (1.011	+	0.522)	/	2 )	/	0.262	*	365
=	0.7665					/	0.262	*	365
=	1,067.83

Liberty 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
=	( (1.057	+	0.522)	/	2 )	/	0.059	*	365 / 4
=	0.7895					/	0.059	*	365 / 4
=	1,221.05

Liberty Gold Days Payable Related Terms

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

Liberty Gold (TSX:LGD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LGDTF:USA PGW:Germany

Address

1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9

Website

https://www.libertygold.ca

Liberty Gold Corp is an exploration-stage company. It operates in the business segment of exploration for gold, copper and other precious and base metals. The company has operations in the geographic locations of Canada, the USA and Turkey. Its projects include the Black Pine project, Goldstrike, TV Tower and others. It has one segment the exploration for gold, copper and other precious and base metals.

Liberty Gold (TSX:LGD) Headlines

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