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DNN (Denison Mines) Days Payable : 512.62 (As of Sep. 2024)


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What is Denison Mines Days Payable?

Denison Mines's average Accounts Payable for the three months ended in Sep. 2024 was $4.27 Mil. Denison Mines's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.76 Mil. Hence, Denison Mines's Days Payable for the three months ended in Sep. 2024 was 512.62.

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

DNN' s Days Payable Range Over the Past 10 Years
Min: 86.25   Med: 203.2   Max: 515.08
Current: 494.29

During the past 13 years, Denison Mines's highest Days Payable was 515.08. The lowest was 86.25. And the median was 203.20.

DNN's Days Payable is ranked better than
89.06% of 128 companies
in the Other Energy Sources industry
Industry Median: 71.19 vs DNN: 494.29

Denison Mines's Days Payable declined from Sep. 2023 (605.98) to Sep. 2024 (512.62). It may suggest that Denison Mines accelerated paying its suppliers.


Denison Mines Days Payable Historical Data

The historical data trend for Denison Mines'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.

Denison Mines Days Payable Chart

Denison Mines 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 - 88.74 86.23 325.23 511.61

Denison Mines 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 605.98 422.94 600.87 466.95 512.62

Competitive Comparison of Denison Mines's Days Payable

For the Uranium subindustry, Denison Mines'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.


Denison Mines's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's Days Payable distribution charts can be found below:

* The bar in red indicates where Denison Mines's Days Payable falls into.



Denison Mines 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.

Denison Mines'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
=( (4 + 3.754) / 2 ) / 2.766*365
=3.877 / 2.766*365
=511.61

Denison Mines'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
=( (3.656 + 4.883) / 2 ) / 0.76*365 / 4
=4.2695 / 0.76*365 / 4
=512.62

* 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.


Denison Mines Days Payable Related Terms

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Denison Mines Business Description

Traded in Other Exchanges
Address
40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure-rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.