ATLDF (Atlanta Gold) Days Payable: 0.00 (As of Sep. 2018)


What is Atlanta Gold Days Payable?

Atlanta Gold ATLDF -99.92% Days Payable is 0.00 as of Sep. 2018.

Atlanta Gold's average Accounts Payable for the three months ended in Sep. 2018 was $3.43 Mil. Atlanta Gold's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil.

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

ATLDF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Atlanta Gold's Days Payable stayed the same from Sep. 2017 (0.00) to Sep. 2018 (0.00). stayed the same

Atlanta Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Atlanta 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.

Atlanta Gold Days Payable Chart

Atlanta Gold Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Atlanta Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 0.00 0.00 0.00

ATLDF vs OSTO, LKAI, GRMC: Days Payable Comparison

For the Gold subindustry, Atlanta 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.

Atlanta Gold Days Payable vs Metals & Mining Industry

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

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


Atlanta 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.

Atlanta Gold's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (3.184 + 3.063) / 2 ) / 0*365
=3.1235 / 0*365
=N/A

Atlanta Gold's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (3.26 + 3.596) / 2 ) / 0*365 / 4
=3.428 / 0*365 / 4
=N/A

* 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 0.00 mean?
Atlanta Gold (ATLDF) has a Days Payable of 0.00 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Atlanta Gold and its competitors.
Is Atlanta Gold's Days Payable too high?
Atlanta Gold's current Days Payable is 0.00.
How does Atlanta Gold's Days Payable compare to OSTO and LKAI?
Atlanta Gold's Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. 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 127.62, based on 1,064 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. 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 Atlanta Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlanta Gold's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Gold stock overvalued right now?
Atlanta Gold (ATLDF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Atlanta Gold (ATLDF), the current Days Payable is 0.00 as of Sep. 2018. 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.

Atlanta Gold Business Description

Address 100 King Street West, Suite 5600 - First Canadian Place, Toronto, ON, CAN, M5X 1C9
Atlanta Gold Inc is a Canada-based junior gold exploration and development company. The company's segment is its operation in the United States. It is engaged in the exploration, environmental permitting, engineering and development of the Atlanta Gold project (Atlanta Project). The Atlanta Project is a gold exploration property, which is located near Atlanta, Idaho, the United States. The company also holds a leasehold interest on over five patented lode claims known as the Neal Property.