Andean Precious Metals (TSXV:APM) Days Payable : 39.80 (As of Dec. 2023)

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What is Andean Precious Metals Days Payable?

Andean Precious Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$25.6 Mil. Andean Precious Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$58.6 Mil. Hence, Andean Precious Metals's Days Payable for the three months ended in Dec. 2023 was 39.80.

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

TSXV:APM' s Days Payable Range Over the Past 10 Years
Min: 26.45 Med: 28.71 Max: 51.56
Current: 45.91

During the past 4 years, Andean Precious Metals's highest Days Payable was 51.56. The lowest was 26.45. And the median was 28.71.

TSXV:APM's Days Payable is ranked worse than
75.49% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TSXV:APM: 45.91

Andean Precious Metals's Days Payable declined from Dec. 2022 (40.88) to Dec. 2023 (39.80). It may suggest that Andean Precious Metals accelerated paying its suppliers.

Andean Precious Metals Days Payable Historical Data

The historical data trend for Andean 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.

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Andean Precious Metals Days Payable Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

29.87

26.45

27.55

51.56

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											40.88	36.31	87.59	39.98	39.80

Competitive Comparison of Andean Precious Metals's Days Payable

For the Silver subindustry, Andean 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.

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

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

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

Andean 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.

Andean 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
=	( (10.367	+	31.754)	/	2 )	/	149.083	*	365
=	21.0605					/	149.083	*	365
=	51.56

Andean Precious 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
=	( (19.406	+	31.754)	/	2 )	/	58.648	*	365 / 4
=	25.58					/	58.648	*	365 / 4
=	39.80

Andean Precious Metals Days Payable Related Terms

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Andean Precious Metals (TSXV:APM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (TSXV:APM) » Definitions » Days Payable

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Traded in Other Exchanges

ANPMF:USA

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.