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New Pacific Metals (TSX:NUAG) Days Payable

: 2,572.11 (As of Dec. 2023)
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New Pacific Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$2.03 Mil. New Pacific Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.07 Mil. Hence, New Pacific Metals's Days Payable for the three months ended in Dec. 2023 was 2,572.11.

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

TSX:NUAG' s Days Payable Range Over the Past 10 Years
Min: 1204.5   Med: 3597.53   Max: 46050.83
Current: 4120.53

During the past 13 years, New Pacific Metals's highest Days Payable was 46050.83. The lowest was 1204.50. And the median was 3597.53.

TSX:NUAG's Days Payable is ranked better than
80.45% of 1064 companies
in the Metals & Mining industry
Industry Median: 128.935 vs TSX:NUAG: 4120.53

New Pacific Metals's Days Payable declined from Dec. 2022 (7,910.98) to Dec. 2023 (2,572.11). It may suggest that New Pacific Metals accelerated paying its suppliers.

New Pacific Metals Days Payable Historical Data

The historical data trend for New Pacific 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.

New Pacific Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46,050.83 23,314.38 4,653.75 2,814.43 2,905.86

New Pacific Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 7,910.98 6,829.66 3,928.55 2,990.75 2,572.11
Competitive Comparison

For the Other Precious Metals & Mining subindustry, New Pacific 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.

New Pacific Metals Days Payable Distribution

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

* The bar in red indicates where New Pacific Metals's Days Payable falls into.


New Pacific 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.

New Pacific Metals's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.673 + 1.849) / 2 ) / 0.284*365
=2.261 / 0.284*365
=2,905.86

New Pacific Metals'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
=( (2.674 + 1.385) / 2 ) / 0.072*365 / 4
=2.0295 / 0.072*365 / 4
=2,572.11

* 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.

New Pacific Metals Days Payable Related Terms

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New Pacific Metals (TSX:NUAG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Pacific Metals Corp (TSX:NUAG) » Definitions » Days Payable
Comparable Companies
TSX:PPTA TSXV:MTA TSX:GGD TSXV:ABRA TSXV:BRVO TSX:DNG TSX:PTM TSX:LUC TSX:VOXR TSXV:CKG ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES LIM:BUENAVC1 JSE:IMP ISX:MBMA HL TSX:TFPM
Traded in Other Exchanges
NEWP:USA
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Website
https://www.newpacificmetals.com
New Pacific Metals Corp is a Canadian Mining Issuer, in the business of exploring and developing precious metal properties in Bolivia. The company's projects include Silver Sand; Carangas and Silverstrike.