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DDNFF (Adamera Minerals) Days Payable : 8,668.75 (As of Sep. 2024)


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What is Adamera Minerals Days Payable?

Adamera Minerals's average Accounts Payable for the three months ended in Sep. 2024 was $0.29 Mil. Adamera Minerals's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil. Hence, Adamera Minerals's Days Payable for the three months ended in Sep. 2024 was 8,668.75.

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

DDNFF' s Days Payable Range Over the Past 10 Years
Min: 2672.32   Med: 3053.83   Max: 32485
Current: 6556.31

During the past 12 years, Adamera Minerals's highest Days Payable was 32485.00. The lowest was 2672.32. And the median was 3053.83.

DDNFF's Days Payable is ranked better than
85.21% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs DDNFF: 6556.31

Adamera Minerals's Days Payable increased from Sep. 2023 (1,368.75) to Sep. 2024 (8,668.75). It may suggest that Adamera Minerals delayed paying its suppliers.


Adamera Minerals Days Payable Historical Data

The historical data trend for Adamera Minerals'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.

Adamera Minerals Days Payable Chart

Adamera Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,803.86 2,604.77 2,752.71 3,202.05 4,811.36

Adamera Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,368.75 4,167.08 6,782.92 7,178.33 8,668.75

Competitive Comparison of Adamera Minerals's Days Payable

For the Other Precious Metals & Mining subindustry, Adamera Minerals'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.


Adamera Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Adamera Minerals's Days Payable falls into.



Adamera Minerals 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.

Adamera Minerals'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
=( (0.06 + 0.23) / 2 ) / 0.011*365
=0.145 / 0.011*365
=4,811.36

Adamera Minerals's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.256 + 0.314) / 2 ) / 0.003*365 / 4
=0.285 / 0.003*365 / 4
=8,668.75

* 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.


Adamera Minerals Days Payable Related Terms

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Adamera Minerals Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Adamera Minerals Corp is a Canadian company engaged in the acquisition and exploration of mineral properties. The company's projects are; the Cooke Mountain Project, Empire Creek Project, Flag hill mine project, talisman historic copper-silver Mine, and Hedley Project - British Columbia.

Adamera Minerals Headlines

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