AGDXF (Antioquia Gold) Days Payable: 133.94 (As of Sep. 2023)


What is Antioquia Gold Days Payable?

Antioquia Gold AGDXF -99.99% Days Payable is 133.94 as of Sep. 2023.

Antioquia Gold's average Accounts Payable for the three months ended in Sep. 2023 was $13.92 Mil. Antioquia Gold's Cost of Goods Sold for the three months ended in Sep. 2023 was $9.48 Mil. Hence, Antioquia Gold's Days Payable for the three months ended in Sep. 2023 was 133.94.

The historical rank and industry rank for Antioquia Gold's Days Payable or its related term are showing as below:

AGDXF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Antioquia Gold's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (133.94). It may suggest that Antioquia Gold delayed paying its suppliers.

Antioquia Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Antioquia Gold'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.

Antioquia Gold Days Payable Chart

Antioquia Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 80.76 51.06 53.36

Antioquia Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 56.78 60.58 56.33 133.94

AGDXF vs NEM: Days Payable Comparison

For the Gold subindustry, Antioquia Gold'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.

Antioquia Gold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Antioquia Gold's Days Payable falls into.


Antioquia Gold 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.

Antioquia Gold's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (9.214 + 10.878) / 2 ) / 68.714*365
=10.046 / 68.714*365
=53.36

Antioquia Gold's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (12.734 + 15.096) / 2 ) / 9.48*365 / 4
=13.915 / 9.48*365 / 4
=133.94

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 133.94 mean?
Antioquia Gold (AGDXF) has a Days Payable of 133.94 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antioquia Gold and its competitors.
Is Antioquia Gold's Days Payable too high?
Antioquia Gold's current Days Payable is 133.94. The Metals & Mining industry median Days Payable is 127.26. Antioquia Gold's value of 133.94 is 5.2% above this industry median.
How does Antioquia Gold's Days Payable compare to NEM?
Antioquia Gold's Days Payable of 133.94 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. Antioquia Gold's value of 133.94 is 5.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antioquia Gold's current Days Payable of 133.94 is 5.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antioquia Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antioquia Gold's current Days Payable is 133.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antioquia Gold stock overvalued right now?
Antioquia Gold (AGDXF) has a current Days Payable of 133.94. The current Days Payable is 133.94 and 5.2% above the Metals & Mining industry median of 127.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Antioquia Gold (AGDXF), the current Days Payable is 133.94 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Antioquia Gold Business Description

Address 2 Toronto Street, Suite 106, Toronto, ON, CAN, M5C 2B5
Antioquia Gold Inc is a Canada-based mineral exploration and development company. It is engaged in the acquisition, exploration, evaluation, and development of mineral resource properties in Colombia. The company's project includes the Cisneros project. The project covers approximately 5,630 hectares and is located in the central portion of the department of Antioquia, about 80 kilometers northeast of Medellin. The company has one operating and reporting segment in mining. Geographically, the company derives a majority of its revenue from Colombia and also has a presence in Barbados and Canada.