Sandfire Resources America (TSXV:SFR) Days Payable : 419.07 (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Sandfire Resources America Days Payable?

Sandfire Resources America's average Accounts Payable for the three months ended in Mar. 2024 was C$0.37 Mil. Sandfire Resources America's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.08 Mil. Hence, Sandfire Resources America's Days Payable for the three months ended in Mar. 2024 was 419.07.

The historical rank and industry rank for Sandfire Resources America's Days Payable or its related term are showing as below:

TSXV:SFR' s Days Payable Range Over the Past 10 Years
Min: 389.91 Med: 1540.35 Max: 28895.83
Current: 389.91

During the past 13 years, Sandfire Resources America's highest Days Payable was 28895.83. The lowest was 389.91. And the median was 1540.35.

TSXV:SFR's Days Payable is ranked better than
61.5% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs TSXV:SFR: 389.91

Sandfire Resources America's Days Payable declined from Mar. 2023 (610.43) to Mar. 2024 (419.07). It may suggest that Sandfire Resources America accelerated paying its suppliers.

Sandfire Resources America Days Payable Historical Data

The historical data trend for Sandfire Resources America'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.

Sandfire Resources America Days Payable Chart

Sandfire Resources America Annual Data

Trend

Sep14

Sep15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

1,540.35

818.60

720.05

1,131.86

920.80

Sandfire Resources America Quarterly Data
	Jun19	Sep19	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															610.43	431.92	422.66	349.03	419.07

Competitive Comparison of Sandfire Resources America's Days Payable

For the Other Industrial Metals & Mining subindustry, Sandfire Resources America'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.

Sandfire Resources America's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sandfire Resources America's Days Payable falls into.

Sandfire Resources America 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.

Sandfire Resources America'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
=	( (0.807	+	0.414)	/	2 )	/	0.242	*	365
=	0.6105					/	0.242	*	365
=	920.80

Sandfire Resources America'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
=	( (0.359	+	0.385)	/	2 )	/	0.081	*	365 / 4
=	0.372					/	0.081	*	365 / 4
=	419.07

Sandfire Resources America Days Payable Related Terms

Thank you for viewing the detailed overview of Sandfire Resources America's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sandfire Resources America (TSXV:SFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandfire Resources America Inc (TSXV:SFR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRAFF:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.sandfireamerica.com

Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group. The Company's operations are limited to a single industry segment being the acquisition, exploration, and development of resource properties.

Sandfire Resources America (TSXV:SFR) Headlines

No Headlines