Ur-Energy (TSX:URE) Days Payable : 36.76 (As of Dec. 2023)

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What is Ur-Energy Days Payable?

Ur-Energy's average Accounts Payable for the three months ended in Dec. 2023 was C$2.73 Mil. Ur-Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was C$6.78 Mil. Hence, Ur-Energy's Days Payable for the three months ended in Dec. 2023 was 36.76.

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

TSX:URE' s Days Payable Range Over the Past 10 Years
Min: 6.97 Med: 21.68 Max: 38.96
Current: 26.32

During the past 13 years, Ur-Energy's highest Days Payable was 38.96. The lowest was 6.97. And the median was 21.68.

TSX:URE's Days Payable is ranked worse than
87.3% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs TSX:URE: 26.32

Ur-Energy's Days Payable declined from Dec. 2022 (47.89) to Dec. 2023 (36.76). It may suggest that Ur-Energy accelerated paying its suppliers.

Ur-Energy Days Payable Historical Data

The historical data trend for Ur-Energy'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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Ur-Energy Days Payable Chart

Ur-Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.97

13.14

32.59

38.96

22.13

Ur-Energy 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															47.89	12.52	35.77	32.91	36.76

Competitive Comparison of Ur-Energy's Days Payable

For the Uranium subindustry, Ur-Energy'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.

Ur-Energy's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ur-Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Ur-Energy's Days Payable falls into.

Ur-Energy 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.

Ur-Energy'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
=	( (0.897	+	2.254)	/	2 )	/	25.98	*	365
=	1.5755					/	25.98	*	365
=	22.13

Ur-Energy'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
=	( (3.21	+	2.254)	/	2 )	/	6.782	*	365 / 4
=	2.732					/	6.782	*	365 / 4
=	36.76

Ur-Energy Days Payable Related Terms

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Ur-Energy (TSX:URE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Ur-Energy Inc (TSX:URE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

URG:USA U9T:Germany

Address

10758 West Centennial Road, Suite 200, Littleton, CO, USA, 80127

Website

https://www.ur-energy.com

Ur-Energy Inc is y is engaged in uranium mining and recovery operations, with activities including the acquisition, exploration, development, and production of uranium mineral resources located in Wyoming. The company owns and operates the Lost Creek in-situ recovery uranium facility in south-central Wyoming, Lost Creek received an amendment to its license allowing the expansion of mining activities within the existing Lost Creek Project and the adjacent LC East Project.