Los Andes Copper (TSXV:LA) Days Payable : 2,057.58 (As of Dec. 2023)

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What is Los Andes Copper Days Payable?

Los Andes Copper's average Accounts Payable for the three months ended in Dec. 2023 was C$0.92 Mil. Los Andes Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.04 Mil. Hence, Los Andes Copper's Days Payable for the three months ended in Dec. 2023 was 2,057.58.

The historical rank and industry rank for Los Andes Copper's Days Payable or its related term are showing as below:

TSXV:LA' s Days Payable Range Over the Past 10 Years
Min: 2519.07 Med: 10227.65 Max: 65563.13
Current: 2519.07

During the past 13 years, Los Andes Copper's highest Days Payable was 65563.13. The lowest was 2519.07. And the median was 10227.65.

TSXV:LA's Days Payable is ranked better than
75.59% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TSXV:LA: 2519.07

Los Andes Copper's Days Payable declined from Dec. 2022 (4,120.14) to Dec. 2023 (2,057.58). It may suggest that Los Andes Copper accelerated paying its suppliers.

Los Andes Copper Days Payable Historical Data

The historical data trend for Los Andes Copper'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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Los Andes Copper Days Payable Chart

Los Andes Copper Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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65,563.13

2,743.96

2,654.12

4,139.79

2,691.18

Los Andes Copper 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															4,120.14	4,063.88	2,632.46	1,464.77	2,057.58

Competitive Comparison of Los Andes Copper's Days Payable

For the Copper subindustry, Los Andes Copper'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.

Los Andes Copper's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Los Andes Copper's Days Payable falls into.

Los Andes Copper 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.

Los Andes Copper's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.824	+	1.081)	/	2 )	/	0.197	*	365
=	1.4525					/	0.197	*	365
=	2,691.18

Los Andes Copper'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
=	( (1.081	+	0.768)	/	2 )	/	0.041	*	365 / 4
=	0.9245					/	0.041	*	365 / 4
=	2,057.58

Los Andes Copper Days Payable Related Terms

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Los Andes Copper (TSXV:LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Los Andes Copper Ltd (TSXV:LA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LSANF:USA L41A:Germany

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.losandescopper.com

Los Andes Copper Ltd is involved in the acquisition, exploration, and development of copper deposits in Latin America. Its project consists of Vizcachitas Copper Project in Chile.

Los Andes Copper (TSXV:LA) Headlines

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