Triple Flag Precious Metals (TSX:TFPM) Days Payable : 28.57 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Triple Flag Precious Metals Days Payable?

Triple Flag Precious Metals's average Accounts Payable for the three months ended in Mar. 2024 was C$10.3 Mil. Triple Flag Precious Metals's Cost of Goods Sold for the three months ended in Mar. 2024 was C$32.9 Mil. Hence, Triple Flag Precious Metals's Days Payable for the three months ended in Mar. 2024 was 28.57.

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

TSX:TFPM' s Days Payable Range Over the Past 10 Years
Min: 2.51 Med: 3.79 Max: 30.78
Current: 30.78

During the past 6 years, Triple Flag Precious Metals's highest Days Payable was 30.78. The lowest was 2.51. And the median was 3.79.

TSX:TFPM's Days Payable is ranked worse than
84.83% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:TFPM: 30.78

Triple Flag Precious Metals's Days Payable increased from Mar. 2023 (17.38) to Mar. 2024 (28.57). It may suggest that Triple Flag Precious Metals delayed paying its suppliers.

Triple Flag Precious Metals Days Payable Historical Data

The historical data trend for Triple Flag Precious 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.

Triple Flag Precious Metals Days Payable Chart

Triple Flag Precious Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

4.82

4.29

2.51

3.28

2.99

Triple Flag Precious Metals Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														17.38	34.51	32.40	16.39	28.57

Competitive Comparison of Triple Flag Precious Metals's Days Payable

For the Other Precious Metals & Mining subindustry, Triple Flag Precious 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.

Triple Flag Precious Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Triple Flag Precious Metals's Days Payable falls into.

Triple Flag Precious 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.

Triple Flag Precious Metals'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
=	( (1.395	+	0.843)	/	2 )	/	136.774	*	365
=	1.119					/	136.774	*	365
=	2.99

Triple Flag Precious Metals's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.843	+	19.727)	/	2 )	/	32.851	*	365 / 4
=	10.285					/	32.851	*	365 / 4
=	28.57

Triple Flag Precious Metals Days Payable Related Terms

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

Triple Flag Precious Metals (TSX:TFPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Triple Flag Precious Metals Corp (TSX:TFPM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TFPM:USA 7781:Germany

Address

161 Bay Street, TD Canada Trust Tower, Suite 4535, Toronto, ON, CAN, M5J 2S1

Website

https://www.tripleflagpm.com

Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. The company's assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.

Executives

Leshan Soyini Daniel

Senior Officer